West Fraser Timber (WFG)

• Market cap: $5.94B
• 1 day: 1.79%
• 5 days: 2.94%
• 1 month: -0.99%
• 3 months: -14.65%
• 6 months: -22.94%
• Year to date: -13.62%
• 1 year: -2.46%
• 5 years: 12.01%
• 10 years: 12.01%
• Sector: Materials
• Industry: Lumber & Wood Production

About: West Fraser Timber is a softwood lumber company that also produces wood panels and pulp products. The company produces its wood products globally, with lumber mills in British Columbia, Alberta, Europe, and the Southeastern United States. Following its acquisition of Norbord in 2021, West Fraser is now one of the largest oriented strand board producers in the world.

Employees: 9,700

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

32% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 25

13% more repeat investments, than reductions

Existing positions increased: 79 | Existing positions reduced: 70

4.31% more ownership

Funds ownership: 38.87% [Q3] → 43.18% (+4.31%) [Q4]

2% more funds holding

Funds holding: 204 [Q3] → 209 (+5) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q3] → 2 (+0) [Q4]

1% less capital invested

Capital invested by funds: $2.97B [Q3] → $2.94B (-$27M) [Q4]

44% less call options, than puts

Call options by funds: $6.83M | Put options by funds: $12.3M

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $100 34% upside
• Avg. target: $100 34% upside
• High target: $100 34% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Scotiabank Ben Isaacson 41% 1-year accuracy 7 / 17 met price target

34% upside $100

Sector Outperform Maintained

18 Feb 2025