WisdomTree, Inc.
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Range $21.3 – $29
Price Chart
About the company
WisdomTree, Inc. , an investment firm operating through its subsidiaries, primarily functions as a sponsor and manager of exchange-traded funds (ETFs). These ETFs span a diverse range of asset classes, including equities, currencies, fixed income, and alternative investments.
- CEO
- Jonathan Laurence Steinberg
- IPO
- 1993
- Employees
- 414
- HQ
- New York City, NY, US
AI snapshot
Six angles, distilled from the data.
The stock remains in a constructive uptrend, trading well above its 200-day moving average and holding near the top of its 52-week range. That keeps the multi-month regime bullish, though the recent stretch has been more consolidation than breakout after a strong run from the low teens.
Street sentiment is positive but not euphoric: consensus sits at Buy with 8 Buy, 7 Hold, and 2 Sell ratings. Targets have trended higher over recent months, with the consensus target near $24.86 and the latest raises reaching $27, which leaves only modest upside from here.
The earnings backdrop favors another solid print. WisdomTree has beaten in 5 of the last 7 quarters, and next-year EPS estimates have climbed to $1.3514 from this year’s $1.2114. Shareholders should watch whether revenue momentum and fee-related profitability keep pace with that higher bar.
Recent insider activity leans negative on balance, driven by meaningful open-market selling from senior executives. The only discretionary buys were small director purchases earlier in the year, while the June awards are compensation-related noise rather than conviction signals.
Profitability is strong, with a 41.17% operating margin, 53.3% gross margin, and 18.73% ROE. Growth is also healthy, with revenue up 57.3% year over year and earnings up 64.7%, while free cash flow of $149.67 million supports the model.
As an ETF sponsor and asset manager, WisdomTree wins on margin structure and cash generation versus many financial peers, but it carries net debt of $537.7 million. At 24.78x earnings, the valuation sits at a premium to a slower-growth asset-management profile, so execution matters.
Similar companies
Peers in the same neighborhood.
- Market Cap
- $3.74B
- P/E
- 43.66
- Fwd P/E
- 20.21
- PEG
- 1.09
- P/S
- 6.13
- P/B
- 8.39
- EV/EBITDA
- 25.37
- Div Yield
- 0.49%
- Gross Margin
- 71.84%
- Op Margin
- 39.30%
- Net Margin
- 13.27%
- ROE
- 19.25%
- ROIC
- 10.26%
Latest fiscal year · YoY change
- Revenue
- $493.75M+15.4%
- Gross Profit
- $356.07M+16.2%
- Op Income
- $174.19M
- Net Income
- $109.13M+63.6%
- EPS
- $0.78+129.4%
- OCF Growth
- +31.7%
- FCF Growth
- +31.7%
- 52W High
- $25.91
- 52W Low
- $10.69
- 50D MA
- $22.88
- 200D MA
- $18.15
- Beta
- 1.20
- RSI (14)
- 59
- Avg Volume
- 2.66M
Earnings call summaries
Pick a quarter — each call distilled into takeaways, results, and a bull vs bear read.
WisdomTree posted record AUM, strong net inflows, and sharply higher profitability as acquisitions and disciplined capital return continued to lift results.· July 31, 2026
- AUM reached a record $162.9 billion, up 7% from March 31, with another quarter of broad-based inflows and market gains.
- Second-quarter revenue was $177.2 million, up 11% from Q1 and 57% year over year, while adjusted EPS was $0.31.
- Adjusted operating margin expanded to 42.6% in the second quarter, and year-to-date margin was 41.1%, up 900 basis points year over year.
- The Atlantic House acquisition was completed on May 1 and added complementary revenue streams, while Ceres continued to contribute fees and pipeline momentum.
- Management highlighted ongoing share repurchases, reduced convertible debt, and continued emphasis on tokenization, private markets, and model portfolios.
Revenue was $177.2 million, up 11% sequentially and 57% from the prior-year quarter. Adjusted net income was $48.1 million, or $0.31 per share. Assets under management ended the quarter at a record $162.9 billion, up 7% from March 31, driven by favorable markets, positive net inflows, and the Atlantic House acquisition. Net inflows were $3.1 billion in the quarter, including $2.1 billion in Europe and $1 billion in the U.S.; year-to-date net inflows totaled $9 billion, implying an annualized organic growth rate of about 13%. Adjusted operating margin was 42.6% in Q2 and 41.1% year to date, up 900 basis points versus the prior-year period. Forward guidance was updated for diluted share count in the second half of 2026 to 152 million to 155 million, down from prior guidance of 154 million, and interest income guidance was reduced to $8 million from $10 million. All other guidance remained unchanged.
Jarrett Lilien said the quarter showed that WisdomTree’s strategy is working because growth came from multiple geographies, client channels, asset classes, and revenue streams rather than one product or one market. He emphasized that the business is becoming more durable and that portfolio solutions, models, and SMAs are creating stickier assets that should contribute more over time. His tone was upbeat and focused on breadth, durability, and operating leverage.
Bryan Edmiston walked through the financial drivers: AUM rose to $162.9 billion, net inflows were $3.1 billion, revenue was $177.2 million, and adjusted net income was $48.1 million, or $0.31 per share. He said year-to-date revenue increased 53% and adjusted operating margin reached 41.1%, reflecting operating leverage and the effects of recent acquisitions. He also noted capital actions, including retiring about $127 million of convertible notes and repurchasing about $29 million of stock through today, and he lowered interest income guidance to $8 million from $10 million due to reallocating cash into buybacks.
Analysts pressed management on the cadence of Ceres inflows and performance fees, and Bryan said the quarter was a transition period after closing the flagship fund and launching Fund II, while calling $6 million of performance fees a more normalized level. He also pointed to a strong pipeline with more than 100 interested investors and over $100 million of assets from the WisdomTree distribution team. Questions on Atlantic House focused on modeling its revenue contribution and management said its models business should provide a fairly stable run rate, while structuring fees can vary by quarter but were $13 million in 2025, with opportunities to expand in the UK, U.S., and Europe. Analysts also asked about tokenization, farmland ETFs, and AI/data-center-related farm assets; management said the tokenization pipeline is robust, the farmland ETF work is ongoing without a timeline, and Ceres has optionality around land use while respecting community concerns.
The bull case from this call is that WisdomTree is converting organic growth into higher revenue, wider margins, and stronger EPS, with record AUM and broad inflow momentum. Management also believes acquisitions, model portfolios, private markets, and tokenization can add additional growth vectors, while buybacks and debt reduction support shareholder returns.
The main risks discussed were uneven fee contributions from Ceres, transitional integration effects at Atlantic House, and quarter-to-quarter variability in structuring fees and other revenues. Management also acknowledged that some newer initiatives, such as tokenized products and farmland-related ETF plans, are still early and depend on execution, market development, and regulatory timing.
AI summary of the company's earnings call · Paraphrased · Not investment advice
- Free Float
- 87.2%
- Shares Outstanding
- 152.94M
- Float Shares
- 133.32M
of shares held by institutions
324 13F filers
Buy/sell ratio 0.00. Sells can include pre-scheduled 10b5-1 plan sales, not just discretionary selling.
Top institutional holders
Largest 13F positions, with quarter-over-quarter change.
| Holder | Shares | Δ Quarter |
|---|---|---|
| Blackrock, Inc. | 19.27M | ▲ 1.62M |
| Vanguard Group Inc | 14.00M | ▼ 551.06K |
| Fmr LLC | 13.57M | ▲ 842.14K |
| Invesco Ltd. | 9.98M | ▲ 4.16M |
| Wellington Management Group Llp | 8.41M | ▼ 2.18M |
| Vanguard Portfolio Management LLC | 8.12M | ▲ 75.72K |
| Capital World Investors | 7.55M | ▲ 736.03K |
| Azora Capital LP | 6.18M | ▲ 192.91K |
| Vanguard Capital Management LLC | 6.07M | ▲ 513.17K |
| State Street Corp | 5.61M | ▲ 560.89K |
| Driehaus Capital Management LLC | 4.70M | ▲ 3.06M |
| Dimensional Fund Advisors LP | 3.75M | ▲ 130.54K |
Held by 380 ETFs
Biggest fund positions in WT by dollar value.
Recent insider transactions
Who's buying, who's selling, and how much.
| Date | Insider | Type | Shares |
|---|---|---|---|
| Sep 9, 26 | Lilien R Jarrett | sell | 30,000 |
| Jun 17, 26 | SALERNO FRANK | other | 5,509 |
| Jun 17, 26 | SALERNO FRANK | other | 0 |
| Jun 17, 26 | PANKOPF TONIA L | other | 5,509 |
| Jun 17, 26 | Naidoo Shamla | other | 5,509 |
| Jun 17, 26 | Mielke Daniela | other | 5,509 |
| Jun 17, 26 | Delorier Rilla S | other | 5,509 |
| Jun 17, 26 | Conjeevaram Smita | other | 5,509 |
| Jun 17, 26 | Bossone Anthony | other | 5,509 |
| Jun 17, 26 | Blake Lynn S. | other | 5,509 |
A “Sell” may be a pre-scheduled 10b5-1 plan sale rather than a discretionary decision — read insider selling with that in mind.
Our WT coverage
Recent articles, reports, and earnings notes.

WisdomTree (WT): Growth Momentum vs. Leverage Risk
WisdomTree posted record Q1 2026 AUM and broad-based inflows, but leverage and acquisition execution keep the stock in Hold territory. Rising revenue and EPS estimates support the growth case, while valuation and balance sheet risk cap upside.

Aristotle Funds Series Trust IPO Preview: ETF-Class Ambition Meets Fund Risk
Aristotle Funds Series Trust is expected to list on the NYSE on 2026-07-30, but the price range has not been disclosed. The setup is less a classic operating-company IPO and more a fund-platform listing tied to ETF-style expansion.

Tidal Trust III IPO: What Investors Need to Know
Tidal Trust III is expected to list on the NYSE on 2026-07-16, but the price range has not been disclosed. The filing picture points to an ETF platform launch, not a traditional operating-company IPO. Bull case: a fast-moving thematic fund platform; bear case: no disclosed pricing, no IPO proceeds, and limited standalone financial disclosure.
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Headlines from third-party outlets — TickerSpark isn't affiliated with these sources.
AI analysis · Last refreshed September 29, 2026 · Live quote · Not investment advice