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Weyerhaeuser Co (NYSE:WY), a prominent player in the Specialized REITs industry with a market capitalization of $19.3 billion, announced the results of its Annual Meeting of Shareholders held on May 9, 2025. The company, which maintains a 3.11% dividend yield and has sustained dividend payments for 55 consecutive years, saw shareholders vote on three key proposals, with the outcomes reflecting strong backing for the company’s executive compensation plan and the election of its board of directors.According to InvestingPro analysis, Weyerhaeuser currently maintains a FAIR financial health score, with 8 additional key insights available to subscribers through the comprehensive Pro Research Report, which provides deep-dive analysis of what really matters for smarter investing decisions.
In the first proposal, all nominated directors were elected to the board for one-year terms, set to expire at the 2026 Annual Meeting of Shareholders. The directors, including Mark A. Emmert, Rick R. Holley, Sara Grootwassink Lewis (JO:LEWJ), Deidra C. Merriwether, Al Monaco, James C. O’Rourke, Nicole W. Piasecki, Lawrence A. Selzer, Devin W. Stockfish, and Kim Williams, received a significant majority of votes in favor, with a relatively small percentage of votes against or abstaining. There were also broker non-votes recorded for each nominee. The company currently trades at a P/E ratio of 53.7, indicating a relatively high earnings multiple compared to industry peers.
The second proposal, a non-binding advisory vote on the compensation of the company’s named executive officers, was approved by shareholders. The votes cast in favor significantly outnumbered those against, with a smaller portion abstaining and no broker non-votes.
Lastly, the appointment of KPMG LLP as Weyerhaeuser’s independent registered public accounting firm for 2025 was ratified by shareholders with an overwhelming majority of votes in favor and a minimal number of votes against or abstaining.
The next annual meeting of shareholders is scheduled for May 15, 2026. This announcement is based on the information contained in the company’s SEC filing.
In other recent news, Weyerhaeuser Company reported its first-quarter 2025 earnings, revealing a slight miss on Wall Street’s expectations. The company posted earnings per share of $0.11, falling short of the projected $0.12, and revenue came in at $1.76 billion, below the anticipated $1.81 billion. Despite these figures, Weyerhaeuser increased its quarterly base dividend by 5% to $0.21 per share. DA Davidson maintained a Buy rating for Weyerhaeuser, with a price target of $36.00, citing the company’s stable timberland values and favorable lumber pricing conditions. The Timberland division reported its highest Western EBITDA contribution in two years, benefiting from an improving lumber pricing environment. Weyerhaeuser’s adjusted EBITDA increased by 12% from the previous quarter to $328 million, indicating improved operational efficiency despite challenges in certain business segments. The company continues to focus on carbon capture and renewable energy projects, with significant developments expected over the next decade. Analysts from DA Davidson remain optimistic about Weyerhaeuser’s prospects, highlighting the company’s solid performance in its core business areas.
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