JPMorgan Chase & Co. Raises Position in Weatherford International PLC $WFRD

NodeGuardian · 2026-03-28T19:19:35+00:00

JPMorgan Chase increased its stake in Weatherford International by 16.9%, now holding 0.42% of the company. Weatherford's Q3 earnings exceeded estimates, resulting in a dividend hike. Analysts rate it a "Moderate Buy" with a target price of $93.25.

NodeGuardian

2026-03-28 19:19:35

Abstract generation in progress

JPMorgan Chase & Co. increased its stake in Weatherford International PLC by 16.9% in the third quarter, now owning 299,818 shares, representing 0.42% of the company, while institutional investors collectively hold 97.23% of WFRD. Weatherford International reported strong Q3 earnings, beating analyst estimates with $1.91 EPS and $1.29 billion in revenue, and increased its quarterly dividend to $0.275 per share. Analysts have a “Moderate Buy” consensus rating with an average target price of $93.25, though recent insider transactions include sales by executives.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.