Public Employees Retirement System of Ohio purchased a new position in Wise Group plc (NASDAQ:WSE – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 105,455 shares of the company’s stock, valued at approximately $1,265,000. Public Employees Retirement System of Ohio owned approximately 0.08% of Wise Group at the end of the most recent quarter.
Separately, Madison Asset Management LLC purchased a new stake in shares of Wise Group in the 2nd quarter valued at approximately $1,725,000.
Wise Group Stock Down 2.9%
Shares of Wise Group stock opened at $12.41 on Wednesday. Wise Group plc has a 12-month low of $10.36 and a 12-month high of $17.47. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.07 and a quick ratio of 1.07. The stock’s 50 day moving average is $12.64.
Wall Street Analysts Forecast Growth
Several brokerages have issued reports on WSE. The Goldman Sachs Group raised shares of Wise Group to a “strong-buy” rating in a research note on Tuesday, May 12th. Morgan Stanley assumed coverage on Wise Group in a research report on Monday, June 29th. They set an “equal weight” rating and a $16.10 price objective for the company. Canaccord Genuity Group started coverage on shares of Wise Group in a research report on Wednesday, September 2nd. They set a “buy” rating on the stock. Wall Street Zen raised shares of Wise Group from a “sell” rating to a “hold” rating in a research note on Saturday, June 27th. Finally, Weiss Ratings upgraded Wise Group from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, September 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $16.52.
View Our Latest Analysis on Wise Group
Key Stories Impacting Wise Group
Here are the key news stories impacting Wise Group this week:
- Positive Sentiment: Wise continued repurchasing shares under its previously announced £405 million buyback program. Treasury purchases can support demand, reduce shares outstanding and potentially improve earnings per share, though they also use company cash. Wise Group Ramps Up £405m Share Buyback with New Treasury Purchases
- Neutral Sentiment: Multiple law firms reiterated that September 29, 2026 is the deadline for investors to seek lead-plaintiff status in the pending class action. The notices primarily seek investor participation and do not represent a court finding of wrongdoing. Kaplan Fox Encourages Investors to Act
- Negative Sentiment: The securities lawsuit covers investors who acquired Wise securities between May 11 and July 23, 2026. The allegations claim Wise understated regulatory risks connected to anti-money-laundering deficiencies and that company disclosures may have misled investors. Two executives who signed SEC filings are named as individual defendants. SueWallSt Reminds Shareholders of Deadline
- Negative Sentiment: Several firms, including Pomerantz, Kaplan Fox, Glancy Prongay Wolke & Rotter, Bernstein Liebhard, Faruqi & Faruqi, Bronstein Gewirtz & Grossman, SBS and Rosen, issued near-duplicate investor alerts. The unusually high volume of litigation publicity raises concerns about potential legal costs, reputational damage, regulatory scrutiny and future liabilities, likely outweighing the buyback-related support in the near term. Pomerantz Investor Alert
Wise Group Company Profile
Wise Group PLC is a technology company. Its product offering includes Wise Account, Wise Business and Wise Platform. Wise Account is its solution for people with cross-border financial needs. Wise Business offers product along with business-specific functionalities designed to enable business customers. Wise Platform provide financial services for banks, financial institutions and enterprises. Wise Group PLC is based in LONDON, United Kingdom.
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