Scott Bender Sells 13,300 Shares of Cactus (NYSE:WHD) Stock

Cactus, Inc. (NYSE:WHD) CEO Scott Bender sold 13,300 shares of the firm’s stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $55.07, for a total value of $732,431.00. Following the completion of the transaction, the chief executive officer owned 128,219 shares of the company’s stock, valued at approximately $7,061,020.33. This represents a 9.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Cactus Trading Up 18.6%

Shares of WHD opened at $62.06 on Friday. The business’s 50-day moving average price is $55.46 and its 200-day moving average price is $54.23. Cactus, Inc. has a twelve month low of $33.20 and a twelve month high of $64.30. The stock has a market cap of $4.98 billion, a PE ratio of 53.04, a P/E/G ratio of 1.97 and a beta of 1.38. The company has a quick ratio of 1.71, a current ratio of 2.61 and a debt-to-equity ratio of 0.01.

Cactus (NYSE:WHD) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.64 by $0.29. The firm had revenue of $449.53 million for the quarter, compared to the consensus estimate of $400.82 million. Cactus had a net margin of 6.01% and a return on equity of 16.81%. The company’s revenue for the quarter was up 64.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.66 earnings per share. On average, equities analysts forecast that Cactus, Inc. will post 2.92 EPS for the current fiscal year.

Cactus Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Monday, August 31st will be paid a $0.15 dividend. The ex-dividend date is Monday, August 31st. This represents a $0.60 annualized dividend and a yield of 1.0%. This is a boost from Cactus’s previous quarterly dividend of $0.14. Cactus’s dividend payout ratio is currently 47.86%.

Institutional Trading of Cactus

A number of hedge funds have recently made changes to their positions in WHD. Advisors Asset Management Inc. increased its stake in Cactus by 113.8% in the first quarter. Advisors Asset Management Inc. now owns 1,020 shares of the company’s stock valued at $47,000 after acquiring an additional 543 shares during the last quarter. AQR Capital Management LLC lifted its stake in Cactus by 101.1% during the first quarter. AQR Capital Management LLC now owns 11,427 shares of the company’s stock worth $524,000 after purchasing an additional 5,745 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Cactus by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,685 shares of the company’s stock worth $1,819,000 after purchasing an additional 1,733 shares during the last quarter. United Services Automobile Association purchased a new position in shares of Cactus in the 1st quarter worth about $203,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Cactus by 26.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 226,931 shares of the company’s stock worth $10,400,000 after purchasing an additional 46,835 shares in the last quarter. 85.11% of the stock is owned by institutional investors.

Key Headlines Impacting Cactus

Here are the key news stories impacting Cactus this week:

• Positive Sentiment: Cactus reported adjusted earnings of $0.93 per share, above consensus estimates ranging from $0.64 to $0.71 and up from $0.66 a year earlier. Revenue rose 64.3% year over year to $449.5 million, surpassing the $400.8 million consensus estimate. Cactus Q2 Adjusted Earnings, Revenue Rise; Raises Quarterly Dividend by 7%
• Positive Sentiment: Management raised the quarterly dividend by 7.1%, from $0.14 to $0.15 per share, payable September 11 to shareholders of record August 31. The increase reinforces the company’s shareholder-return strategy. Cactus Announces Second Quarter 2026 Results
• Positive Sentiment: The Spoolable Technologies segment is expected to grow revenue approximately 15% to 20% sequentially in the third quarter, providing an important growth driver. Analysts remain generally constructive, with a consensus rating of “Moderate Buy” and an average price target of $63.60. Cactus expects Spoolable Technologies revenue to rise 15%-20% in Q3
• Neutral Sentiment: The outlook is mixed by segment: Pressure Control revenue is expected to decline about 10% in the third quarter, partially offsetting growth in Spoolable Technologies. Investors will likely monitor whether the faster-growing segment can sustain the company’s overall momentum.
• Negative Sentiment: CEO Scott Bender sold 13,300 shares for approximately $732,000, reducing his direct holdings by 9.4%. The sale is a potential sentiment overhang, although he continues to own 128,219 shares. Insider Selling: Cactus CEO Sells 13,300 Shares

Wall Street Analyst Weigh In

Several research firms have recently weighed in on WHD. Stifel Nicolaus reaffirmed a “buy” rating and issued a $68.00 price target (up from $66.00) on shares of Cactus in a report on Tuesday, June 16th. Citigroup boosted their target price on Cactus from $65.00 to $67.00 and gave the stock a “buy” rating in a research report on Thursday, June 18th. Piper Sandler upped their target price on Cactus from $72.00 to $73.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 14th. Weiss Ratings raised Cactus from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, June 11th. Finally, Barclays lifted their price target on Cactus from $62.00 to $70.00 and gave the company an “overweight” rating in a research report on Monday, May 11th. Four analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $63.60.

About Cactus

Cactus, Inc, together with its subsidiaries, designs, manufactures, sells, and leases pressure control and spoolable pipes in the United States, Australia, Canada, the Middle East, and internationally. It operates through two segments, Pressure Control and Spoolable Technologies. The Pressure Control segment designs, manufactures, sells, and rents a range of wellhead and pressure control equipment under the Cactus Wellhead brand name through service centers. Its products are sold and rented primarily for onshore unconventional oil and gas wells for drilling, completion, and production phases of the wells.