WillScot Holdings Corporation $WSC Shares Acquired by Westfield Capital Management Co. LP

Westfield Capital Management Co. LP boosted its stake in WillScot Holdings Corporation (NASDAQ:WSC) by 2.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,861,031 shares of the company’s stock after buying an additional 57,946 shares during the period. Westfield Capital Management Co. LP’s holdings in WillScot were worth $78,392,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in WillScot by 11.7% during the 1st quarter. Vanguard Group Inc. now owns 18,338,511 shares of the company’s stock worth $509,811,000 after acquiring an additional 1,924,653 shares during the period. William Blair Investment Management LLC raised its position in shares of WillScot by 3.4% during the 2nd quarter. William Blair Investment Management LLC now owns 5,462,958 shares of the company’s stock worth $149,685,000 after buying an additional 180,797 shares in the last quarter. Baillie Gifford & Co. acquired a new stake in shares of WillScot in the 1st quarter worth approximately $145,392,000. Geode Capital Management LLC boosted its holdings in shares of WillScot by 2.2% in the second quarter. Geode Capital Management LLC now owns 3,277,913 shares of the company’s stock valued at $89,829,000 after acquiring an additional 71,347 shares in the last quarter. Finally, Alliancebernstein L.P. boosted its holdings in shares of WillScot by 13.4% in the first quarter. Alliancebernstein L.P. now owns 2,875,109 shares of the company’s stock valued at $79,928,000 after acquiring an additional 338,685 shares in the last quarter. Institutional investors and hedge funds own 95.81% of the company’s stock.

Wall Street Analysts Forecast Growth

WSC has been the subject of a number of research analyst reports. Jefferies Financial Group cut their target price on WillScot from $32.00 to $23.00 and set a “hold” rating for the company in a research report on Monday, September 29th. Morgan Stanley reaffirmed an “equal weight” rating and set a $21.00 target price (down previously from $37.00) on shares of WillScot in a research note on Thursday, November 13th. Weiss Ratings reissued a “sell (d+)” rating on shares of WillScot in a report on Wednesday, October 8th. UBS Group set a $35.00 price objective on shares of WillScot in a research note on Tuesday, September 30th. Finally, Robert W. Baird cut their target price on shares of WillScot from $29.00 to $25.00 and set a “neutral” rating for the company in a research note on Monday, October 20th. Three investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $27.50.

WillScot Trading Down 0.8%

WillScot stock opened at $15.27 on Thursday. The company has a 50 day moving average price of $21.02 and a 200 day moving average price of $25.02. The company has a debt-to-equity ratio of 3.39, a quick ratio of 0.72 and a current ratio of 0.79. WillScot Holdings Corporation has a 52 week low of $14.91 and a 52 week high of $39.81. The firm has a market capitalization of $2.78 billion, a price-to-earnings ratio of 12.48, a P/E/G ratio of 1.38 and a beta of 1.15.

WillScot (NASDAQ:WSC) last issued its earnings results on Thursday, November 6th. The company reported $0.30 EPS for the quarter, topping the consensus estimate of $0.29 by $0.01. WillScot had a return on equity of 23.09% and a net margin of 9.64%.The business had revenue of $566.84 million during the quarter, compared to analysts’ expectations of $583.52 million. During the same quarter last year, the firm posted $0.38 earnings per share. WillScot’s revenue was down 5.8% compared to the same quarter last year. WillScot has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. Research analysts forecast that WillScot Holdings Corporation will post 1.77 EPS for the current year.

WillScot Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 17th. Shareholders of record on Wednesday, December 3rd will be given a dividend of $0.07 per share. The ex-dividend date is Wednesday, December 3rd. This represents a $0.28 dividend on an annualized basis and a yield of 1.8%. WillScot’s dividend payout ratio (DPR) is presently 23.14%.

WillScot Profile

WillScot Holdings Corporation provides workspace and portable storage solutions in the United States, Canada, and Mexico. It operates in two segments, Modular Solutions and Storage Solutions. Its modular solutions include panelized and stackable offices, single-wide modular space units, section modulars and redi-plex, classrooms, ground level offices, blast-resistant modules, clearspan structures, and other modular space; and portable storage solutions, such as portable and cold storage containers, as well as trailers.