Prudential PLC Buys 17,076 Shares of Webster Financial Corporation $WBS

Posted by Brenda Bartman on Jun 7th, 2026

Prudential PLC lifted its stake in Webster Financial Corporation (NYSE:WBS – Free Report) by 25.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 84,522 shares of the financial services provider’s stock after buying an additional 17,076 shares during the period. Prudential PLC owned about 0.05% of Webster Financial worth $5,320,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in WBS. Royal Bank of Canada lifted its stake in shares of Webster Financial by 2.2% in the first quarter. Royal Bank of Canada now owns 94,385 shares of the financial services provider’s stock valued at $4,866,000 after buying an additional 2,049 shares during the period. Cubist Systematic Strategies LLC bought a new stake in shares of Webster Financial in the first quarter valued at about $114,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Webster Financial by 15.2% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 40,127 shares of the financial services provider’s stock valued at $2,069,000 after buying an additional 5,299 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of Webster Financial by 37.0% in the first quarter. Goldman Sachs Group Inc. now owns 652,921 shares of the financial services provider’s stock valued at $33,658,000 after buying an additional 176,258 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Webster Financial by 4.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 476,095 shares of the financial services provider’s stock valued at $24,543,000 after buying an additional 20,090 shares during the period. Institutional investors own 85.58% of the company’s stock.

Webster Financial Stock Performance

NYSE WBS opened at $72.29 on Friday. The firm has a market cap of $11.71 billion, a price-to-earnings ratio of 11.83 and a beta of 1.00. The company has a 50 day moving average of $71.74 and a 200-day moving average of $67.99. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.60. Webster Financial Corporation has a 1-year low of $50.66 and a 1-year high of $74.00.

Webster Financial (NYSE:WBS – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The financial services provider reported $1.57 earnings per share for the quarter, topping the consensus estimate of $1.53 by $0.04. The company had revenue of $764.05 million during the quarter, compared to analyst estimates of $735.26 million. Webster Financial had a net margin of 22.95% and a return on equity of 11.31%. The company’s revenue was up 4.4% on a year-over-year basis. During the same quarter last year, the business posted $1.30 earnings per share. On average, equities analysts forecast that Webster Financial Corporation will post 6.59 earnings per share for the current fiscal year.

Webster Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 21st. Investors of record on Monday, May 11th were issued a $0.40 dividend. The ex-dividend date of this dividend was Monday, May 11th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.2%. Webster Financial’s dividend payout ratio (DPR) is currently 26.19%.

Analyst Upgrades and Downgrades

A number of brokerages have commented on WBS. Raymond James Financial cut shares of Webster Financial from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, February 11th. Keefe, Bruyette & Woods cut their price target on shares of Webster Financial from $79.00 to $77.50 and set an “outperform” rating for the company in a research note on Friday, May 1st. UBS Group began coverage on shares of Webster Financial in a research note on Tuesday, April 7th. They set a “neutral” rating and a $69.00 price target for the company. Santander cut shares of Webster Financial from a “neutral” rating to an “underweight” rating in a research note on Tuesday, March 3rd. Finally, Citigroup cut shares of Webster Financial from a “buy” rating to a “hold” rating and set a $75.00 price target for the company. in a research note on Friday, February 13th. Four investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $73.96.

Read Our Latest Stock Analysis on WBS

About Webster Financial

(Free Report)

Webster Financial Corporation is a bank holding company headquartered in Waterbury, Connecticut. Through its principal subsidiary, Webster Bank, N.A., the company offers a broad range of banking products and financial services to individuals, small businesses, and middle-market commercial clients. Key offerings include deposit accounts, residential and commercial real estate lending, equipment finance, treasury management, and payment processing solutions.

In addition to traditional banking services, Webster Financial provides wealth management and insurance products designed to help clients plan for retirement, preserve assets, and manage risk.

Institutional Ownership by Quarter for Webster Financial (NYSE:WBS)

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