Cidel Asset Management Inc. Has $13.96 Million Position in Stagwell Inc. $STGW

Cidel Asset Management Inc. cut its position in shares of Stagwell Inc. (NASDAQ:STGW) by 7.9% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,878,426 shares of the company’s stock after selling 161,254 shares during the quarter. Cidel Asset Management Inc. owned 0.77% of Stagwell worth $13,957,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Hotchkis & Wiley Capital Management LLC boosted its position in Stagwell by 4.6% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 21,034,577 shares of the company’s stock worth $118,425,000 after acquiring an additional 920,431 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Stagwell by 22.5% in the first quarter. Dimensional Fund Advisors LP now owns 5,035,320 shares of the company’s stock valued at $31,671,000 after purchasing an additional 923,771 shares during the last quarter. UBS Group AG lifted its position in shares of Stagwell by 10.8% in the third quarter. UBS Group AG now owns 2,851,083 shares of the company’s stock worth $16,052,000 after purchasing an additional 277,637 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Stagwell by 54.1% during the fourth quarter. JPMorgan Chase & Co. now owns 2,676,532 shares of the company’s stock worth $13,088,000 after purchasing an additional 939,888 shares during the last quarter. Finally, State Street Corp boosted its holdings in Stagwell by 3.3% during the fourth quarter. State Street Corp now owns 2,299,100 shares of the company’s stock worth $11,243,000 after purchasing an additional 73,817 shares during the last quarter. Institutional investors and hedge funds own 35.61% of the company’s stock.

Stagwell Trading Down 1.1%

Stagwell stock opened at $8.67 on Wednesday. The stock has a 50-day simple moving average of $8.31 and a 200 day simple moving average of $7.01. The stock has a market capitalization of $2.12 billion, a P/E ratio of 144.50 and a beta of 1.22. The company has a debt-to-equity ratio of 2.11, a quick ratio of 0.81 and a current ratio of 0.81. Stagwell Inc. has a 52 week low of $4.28 and a 52 week high of $9.55.

Stagwell (NASDAQ:STGW) last released its quarterly earnings data on Thursday, July 30th. The company reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.06. The company had revenue of $786.31 million during the quarter, compared to analysts’ expectations of $754.56 million. Stagwell had a return on equity of 27.30% and a net margin of 0.53%.The business’s revenue was up 11.2% on a year-over-year basis. During the same period last year, the firm posted $0.17 earnings per share. Stagwell has set its FY 2026 guidance at 1.030-1.170 EPS. Analysts expect that Stagwell Inc. will post 0.92 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. B. Riley Financial lifted their price target on shares of Stagwell from $8.00 to $10.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Rosenblatt Securities increased their price objective on shares of Stagwell from $9.00 to $10.00 and gave the stock a “buy” rating in a research note on Tuesday, August 4th. Wells Fargo & Company lifted their target price on Stagwell from $8.00 to $10.00 and gave the company an “overweight” rating in a research report on Friday, July 31st. Weiss Ratings upgraded Stagwell from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, August 13th. Finally, Needham & Company LLC increased their price target on Stagwell from $8.00 to $10.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. Five equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $9.60.

Insider Activity at Stagwell

In other news, insider Frank Lanuto sold 62,000 shares of the stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $8.46, for a total value of $524,520.00. Following the transaction, the insider directly owned 491,977 shares of the company’s stock, valued at $4,162,125.42. This represents a 11.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 11.20% of the stock is currently owned by corporate insiders.

Stagwell Company Profile

Stagwell Inc is a modern marketing and communications network that partners with global organizations to drive brand growth through data-driven insights and creative solutions. The company operates a diversified portfolio of specialized agencies and technology platforms, offering services that span digital marketing, advertising, public relations, consumer and market research, social media strategy, and commerce consulting. By integrating research, creative, media, and technology under a unified network, Stagwell aims to deliver end-to-end marketing solutions tailored to the evolving needs of clients in sectors such as technology, healthcare, consumer goods, and financial services.

Founded in 2015 by long-time political strategist and pollster Mark Penn, Stagwell has expanded organically and through strategic acquisitions to build capabilities across the marketing value chain.