8 Best Lumber Stocks to Buy According to Hedge Funds

2. Weyerhaeuser Company (NYSE:WY)

Number of Hedge Fund Holders: 43

Weyerhaeuser Company (NYSE:WY) is one of the best lumber stocks to buy according to hedge funds. On July 25, DA Davidson reaffirmed its Buy rating for Weyerhaeuser Company (NYSE:WY) with a price target of $35. This decision came after the company shared its second-quarter 2025 results.

The company reported quarterly results that surpassed DA Davidson’s estimates, which were recently lowered. This performance was driven by higher contributions from Weyerhaeuser Company’s (NYSE:WY) Real Estate segment.

Weyerhaeuser Company (NYSE:WY) provided an outlook for the third quarter largely in line with expectations, as pointed out by DA Davidson. However, current prices for lumber and oriented strand board (OSB) could pose challenges to estimates, which assume some recovery as the third quarter progresses.

In the second quarter, Weyerhaeuser Company (NYSE:WY) significantly increased its share repurchase activity. Despite this, DA Davidson believes these buybacks could slow down because of the company’s leverage and the timing of timberland acquisitions and divestitures.

Weyerhaeuser Company (NYSE:WY) is an American timberland and lumber company. It owns or manages timberlands in the US and Canada. The company is one of the largest wood products manufacturers in North America, producing engineered lumber, oriented strand board (OSB), plywood, and medium-density fiberboard panels.