TSP Capital Triples Western Union Equity Ownership
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By Lawrence Rothman, CFA – Apr 26, 2026 at 10:21AM ESTKey PointsThe firm added 738,789 shares of Western Union.At quarter-end, the fund holds nearly 1.1 million valued at $9.5 millionThe new stake represents 2.3 of the fund's AUM.According to an SEC filing dated April 24, TSP Capital Management Group, LLC disclosed a buy of Western Union (WU 4.61%) shares.Added 738,789 shares of Western UnioPost-trade, the fund holds 1,091,864 shares valued at $9.5 millionThe new stake represents 2.3% of the fund’s AUM, which places it outside the fund's top five holdingsWhat else to knowTop holdings after the filing:NYSE: CDE: $32.6 million (8.0% of AUM)NYSE: BVN: $25.0 million (6.1% of AUM)NASDAQ: ADEA: $24.3 million (5.9% of AUM)NYSEMKT: TMQ: $24.2 million (5.9% of AUM)NYSE: CIG: $21.8 million (5.3% of AUM)Company overviewMetricValueRevenue (TTM)$4.0 billionNet income (TTM)$440.8 millionDividend yield10.6%Price (as of market close April 24)$8.90Company snapshotWestern Union provides international money transfer and payment services, operating through a broad agent network and digital platforms. It seeks to use its scale and established brand to enable efficient cross-border transactions for both consumers and businesses. Offers global money transfer, payment, and foreign exchange services, including consumer-to-consumer transfers, business payments, bill payment, and money orders.Serves individuals, small and medium-sized enterprises, and organizations requiring cross-border or domestic money movement solutions.Generates revenue primarily from transaction fees and foreign exchange spreads, leveraging a network of agents, digital channels, and business partnerships.What this transaction means for investorsTSP Capital aggressively purchased Western Union shares in the first quarter. The firm tripled its share ownership to nearly 1.1 million shares. With a $9.5 million value as of March 31, the stake represented 2.3% of its reported AUM.This confidence comes as Western Union shares haven’t performed well over the last year. Through April 24, the stock price lost 12.2%. That severely underperformed the S&P 500 index’s 29.7% gain.The company does have a large dividend yield, helping produce a better total return. Still, Western Union’s 2.5% loss after factoring in dividends pales in comparison to the S&P 500’s 31.3% return. Western Union’s stock current yield 10.6%. Still, with a payout ratio of 95%, the company will have to grow revenue and profits over time. Otherwise, investors, who have seen steady dividend payouts, could face the prospect of a lower payment down the line.Read NextApr 24, 2026 •By Motley Fool TranscribingWestern Union WU Q1 2026 Earnings TranscriptApr 26, 2026 •By Cory RenauerBoston Trust Walden Lets Go of 93,000 Qualys (QLYS) SharesApr 26, 2026 •By Cory RenauerCapricorn Fund Makes a Huge Bet on Nerve Repair With 687,000 Share Axogen (AXGN) Investment Worth $22.4 MillionApr 25, 2026 •By Seena HassounaGarrett Motion adds a turbocharged twist to Carmel's AI-heavy portfolioApr 25, 2026 •By Seena HassounaThe Fastly CEO Sold Shares. Here's What Actually Moves The StockAbout the AuthorLawrence Rothman, CFA, has been a contributing Motley Fool stock market analyst since 2019, covering consumer goods and retail stocks. Previously, Lawrence worked on Wall Street and at independent research firms before devoting his attention to finding successful long-term investments for individual investors.TMFLarryrothmanStocks MentionedWestern UnionNYSE: WU$8.90(-4.61%)-$0.43*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.