Clear Harbor Asset Management LLC Takes Position in WesBanco, Inc. $WSBC

Posted by Brenda Bartman on Jun 3rd, 2026

Clear Harbor Asset Management LLC purchased a new position in shares of WesBanco, Inc. (NASDAQ:WSBC – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 15,280 shares of the financial services provider’s stock, valued at approximately $508,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. GAMMA Investing LLC increased its stake in WesBanco by 41.1% in the 4th quarter. GAMMA Investing LLC now owns 1,113 shares of the financial services provider’s stock valued at $37,000 after purchasing an additional 324 shares in the last quarter. IFP Advisors Inc boosted its position in WesBanco by 1.6% during the third quarter. IFP Advisors Inc now owns 24,864 shares of the financial services provider’s stock worth $794,000 after purchasing an additional 385 shares in the last quarter. Arizona State Retirement System boosted its position in WesBanco by 1.4% during the third quarter. Arizona State Retirement System now owns 28,306 shares of the financial services provider’s stock worth $904,000 after purchasing an additional 403 shares in the last quarter. Signaturefd LLC grew its holdings in WesBanco by 9.4% in the fourth quarter. Signaturefd LLC now owns 5,011 shares of the financial services provider’s stock valued at $167,000 after purchasing an additional 431 shares during the last quarter. Finally, First Horizon Corp increased its position in shares of WesBanco by 55.4% in the fourth quarter. First Horizon Corp now owns 1,302 shares of the financial services provider’s stock valued at $43,000 after buying an additional 464 shares in the last quarter. Institutional investors and hedge funds own 61.41% of the company’s stock.

Insiders Place Their Bets

In other WesBanco news, Director Lee J. Burdman purchased 3,000 shares of the business’s stock in a transaction on Thursday, April 23rd. The stock was bought at an average cost of $33.60 per share, for a total transaction of $100,800.00. Following the acquisition, the director owned 46,772 shares of the company’s stock, valued at approximately $1,571,539.20. The trade was a 6.85% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Joseph R. Robinson purchased 1,000 shares of WesBanco stock in a transaction on Monday, April 27th. The shares were acquired at an average cost of $34.54 per share, for a total transaction of $34,540.00. Following the purchase, the director owned 19,068 shares in the company, valued at approximately $658,608.72. This trade represents a 5.53% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders bought 7,940 shares of company stock valued at $267,299. Company insiders own 2.07% of the company’s stock.

WesBanco Trading Up 2.0%

Shares of WSBC stock opened at $34.57 on Wednesday. The company has a market capitalization of $3.32 billion, a price-to-earnings ratio of 11.15 and a beta of 0.68. The company has a current ratio of 0.92, a quick ratio of 0.91 and a debt-to-equity ratio of 0.33. The firm has a 50-day moving average price of $34.50 and a 200 day moving average price of $34.35. WesBanco, Inc. has a twelve month low of $29.18 and a twelve month high of $38.10.

WesBanco (NASDAQ:WSBC – Get Free Report) last released its quarterly earnings results on Tuesday, April 21st. The financial services provider reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.05. The company had revenue of $257.23 million for the quarter, compared to analysts’ expectations of $264.52 million. WesBanco had a net margin of 21.12% and a return on equity of 9.76%. The firm’s revenue for the quarter was down 3.1% compared to the same quarter last year. During the same period last year, the company earned $0.66 EPS. Research analysts forecast that WesBanco, Inc. will post 3.59 earnings per share for the current fiscal year.

WesBanco declared that its board has approved a share buyback plan on Wednesday, May 20th that authorizes the company to buyback 4,000,000 shares. This buyback authorization authorizes the financial services provider to reacquire shares of its stock through open market purchases. Shares buyback plans are often an indication that the company’s board of directors believes its stock is undervalued.

WesBanco Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Friday, June 5th will be paid a $0.38 dividend. This represents a $1.52 annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend is Friday, June 5th. WesBanco’s payout ratio is presently 49.03%.

Wall Street Analyst Weigh In

WSBC has been the subject of several research reports. Zacks Research downgraded WesBanco from a “hold” rating to a “strong sell” rating in a research note on Tuesday, April 28th. Weiss Ratings upgraded shares of WesBanco from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, May 6th. Piper Sandler cut their target price on shares of WesBanco from $42.00 to $40.00 and set an “overweight” rating for the company in a research report on Thursday, April 23rd. Raymond James Financial reaffirmed a “strong-buy” rating and issued a $41.00 price target on shares of WesBanco in a report on Thursday, March 12th. Finally, DA Davidson reiterated a “buy” rating and issued a $41.00 price target on shares of WesBanco in a research report on Wednesday, April 22nd. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $39.50.

Get Our Latest Stock Report on WesBanco

About WesBanco

(Free Report)

WesBanco, Inc is a bank holding company headquartered in Wheeling, West Virginia, offering a full range of community banking services through its principal subsidiary, WesBanco Bank, Inc The company serves individual consumers, small‐ to mid‐sized businesses, nonprofit organizations and governmental entities with a relationship‐driven approach and an emphasis on local decision‐making. Through its diversified platform, WesBanco provides core banking functions such as deposit accounts, commercial and consumer lending, mortgage banking, treasury management and electronic banking services.

In addition to traditional banking products, WesBanco offers specialized services including trust and wealth management, investment advisory and insurance solutions.