Webster Financial Corporation $WBS Shares Sold by Verition Fund Management LLC

Posted by Brian Himes on Jun 15th, 2026

Verition Fund Management LLC lessened its stake in shares of Webster Financial Corporation (NYSE:WBS – Free Report) by 1.3% in the fourth quarter, HoldingsChannel reports. The firm owned 988,623 shares of the financial services provider’s stock after selling 12,925 shares during the quarter. Webster Financial makes up approximately 0.2% of Verition Fund Management LLC’s holdings, making the stock its 26th biggest holding. Verition Fund Management LLC’s holdings in Webster Financial were worth $62,224,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in WBS. Royal Bank of Canada grew its holdings in shares of Webster Financial by 2.2% during the first quarter. Royal Bank of Canada now owns 94,385 shares of the financial services provider’s stock worth $4,866,000 after buying an additional 2,049 shares in the last quarter. Cubist Systematic Strategies LLC acquired a new stake in Webster Financial during the first quarter worth approximately $114,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Webster Financial by 15.2% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 40,127 shares of the financial services provider’s stock worth $2,069,000 after acquiring an additional 5,299 shares during the period. Goldman Sachs Group Inc. raised its holdings in Webster Financial by 37.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 652,921 shares of the financial services provider’s stock valued at $33,658,000 after acquiring an additional 176,258 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Webster Financial by 4.4% during the 1st 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 worth $24,543,000 after purchasing an additional 20,090 shares during the period. 85.58% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

WBS has been the subject of a number of research analyst reports. UBS Group initiated coverage on shares of Webster Financial in a research note on Tuesday, April 7th. They set a “neutral” rating and a $69.00 price objective for the company. Santander downgraded shares of Webster Financial from a “neutral” rating to an “underweight” rating in a research note on Tuesday, March 3rd. Keefe, Bruyette & Woods lowered their price objective 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. Finally, Wells Fargo & Company raised Webster Financial from a “strong sell” rating to a “hold” rating in a research report on Wednesday, March 4th. Four equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Webster Financial has an average rating of “Hold” and a consensus target price of $73.96.

Get Our Latest Research Report on Webster Financial

Webster Financial Trading Down 0.1%

Shares of WBS stock opened at $73.85 on Monday. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 0.60. Webster Financial Corporation has a fifty-two week low of $50.66 and a fifty-two week high of $74.00. The firm’s 50 day moving average price is $72.13 and its two-hundred day moving average price is $68.66. The stock has a market cap of $11.97 billion, a price-to-earnings ratio of 12.09 and a beta of 1.01.

Webster Financial (NYSE:WBS – Get Free Report) last issued its earnings results on Tuesday, April 28th. The financial services provider reported $1.57 EPS for the quarter, beating analysts’ consensus estimates of $1.53 by $0.04. Webster Financial had a net margin of 22.95% and a return on equity of 11.31%. The business had revenue of $764.05 million for the quarter, compared to the consensus estimate of $735.26 million. During the same quarter last year, the firm posted $1.30 EPS. The business’s revenue for the quarter was up 4.4% compared to the same quarter last year. On average, analysts anticipate that Webster Financial Corporation will post 6.59 EPS for the current year.

Webster Financial Dividend Announcement

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

Webster Financial Company Profile

(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.