Multiple investment firms have recently altered their stake in Weyerhaeuser Company, a leading north American forest products company. MBB Public Markets I LLC, Amundi, Millennium Management LLC, and Alliancebernstein L.P. have bought holdings in the company, while Baird Financial Group Inc., Walleye Capital LLC, and Canada Pension Plan Investment Board have sold their stakes. The firm has also sold its Princeton, B.C., lumber mill to Gorman Group and is acquiring high-quality timberlands in North Carolina and Virginia. Despite industry headwinds, Weyerhaeuser maintains its buy rating. A $1 billion share repurchase program is in motion, and the company has declared a dividend on its common shares. While there are tariff concerns regarding Asia, analysts still consider Weyerhaeuser to be among the best land and timber stocks to buy. Due to the market's valuation, advice suggests holding the firm's stocks at this moment. Projected Q2 earnings are anticipated to decline, and there is engaging market talk surrounding the company's purchase of considerable securities. Even though the stock has underperformed its competitors and the S&P 500 recently, the firm has strong EBITDA growth and continues to generate positive revenues.
Weyerhaeuser Company WY News Analytics from Fri, 08 Nov 2024 08:00:00 GMT to Sat, 13 Sep 2025 17:56:59 GMT - Rating 6 - Innovation 2 - Information 8 - Rumor -6
