Recent Research Analysts’ Ratings Updates for Cactus (WHD)

A number of firms have modified their ratings and price targets on shares of Cactus (NYSE: WHD) recently:

• 5/27/2026 – Cactus was downgraded by Weiss Ratings from “hold (c)” to “hold (c-)”.
• 5/20/2026 – Cactus had its price target raised by Stifel Nicolaus from $59.00 to $66.00. They now have a “buy” rating on the stock.
• 5/18/2026 – Cactus had its price target raised by Piper Sandler from $69.00 to $72.00. They now have an “overweight” rating on the stock.
• 5/11/2026 – Cactus had its price target raised by Citigroup Inc. from $63.00 to $65.00. They now have a “buy” rating on the stock.
• 5/11/2026 – Cactus had its price target raised by Barclays PLC from $62.00 to $70.00. They now have an “overweight” rating on the stock.

Cactus Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Monday, June 1st will be paid a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Monday, June 1st. Cactus’s dividend payout ratio (DPR) is currently 52.83%.

Insider Buying and Selling

In related news, President Joel Bender sold 106,809 shares of Cactus stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $49.92, for a total transaction of $5,331,905.28. Following the completion of the transaction, the president owned 27,793 shares of the company’s stock, valued at $1,387,426.56. This trade represents a 79.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Alan Semple sold 10,206 shares of Cactus stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $56.62, for a total transaction of $577,863.72. Following the transaction, the director directly owned 29,444 shares of the company’s stock, valued at $1,667,119.28. This represents a 25.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 222,206 shares of company stock valued at $11,295,784 over the last quarter. Insiders own 12.91% of the company’s stock.

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.