Engineers Gate Manager LP Buys 223,125 Shares of Webster Financial Corporation $WBS

Posted by Brian Himes on Jun 18th, 2026

Engineers Gate Manager LP boosted its position in Webster Financial Corporation (NYSE:WBS – Free Report) by 180.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 346,697 shares of the financial services provider’s stock after buying an additional 223,125 shares during the quarter. Engineers Gate Manager LP’s holdings in Webster Financial were worth $21,821,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the company. Dimensional Fund Advisors LP increased its stake in Webster Financial by 1.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 7,920,300 shares of the financial services provider’s stock valued at $498,509,000 after acquiring an additional 107,335 shares during the last quarter. Invesco Ltd. raised its holdings in shares of Webster Financial by 1.2% during the 3rd quarter. Invesco Ltd. now owns 5,359,474 shares of the financial services provider’s stock worth $318,567,000 after buying an additional 63,403 shares in the last quarter. Price T Rowe Associates Inc. MD raised its holdings in shares of Webster Financial by 15.7% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 5,246,364 shares of the financial services provider’s stock worth $330,207,000 after buying an additional 713,294 shares in the last quarter. Capital International Investors raised its holdings in shares of Webster Financial by 0.4% during the 4th quarter. Capital International Investors now owns 4,177,281 shares of the financial services provider’s stock worth $263,058,000 after buying an additional 16,676 shares in the last quarter. Finally, Earnest Partners LLC raised its holdings in shares of Webster Financial by 0.6% during the 3rd quarter. Earnest Partners LLC now owns 3,163,124 shares of the financial services provider’s stock worth $188,016,000 after buying an additional 18,860 shares in the last quarter. 85.58% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have recently commented on WBS. Keefe, Bruyette & Woods lowered their price target on Webster Financial from $79.00 to $77.50 and set an “outperform” rating for the company in a report on Friday, May 1st. UBS Group began coverage on Webster Financial in a report on Tuesday, April 7th. They set a “neutral” rating and a $69.00 price target for the company. Santander lowered shares of Webster Financial from a “neutral” rating to an “underweight” rating in a research report on Tuesday, March 3rd. Wells Fargo & Company raised Webster Financial from a “strong sell” rating to a “hold” rating in a report on Wednesday, March 4th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Webster Financial in a report on Friday, June 12th. Four research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Webster Financial presently has an average rating of “Hold” and a consensus target price of $73.96.

View Our Latest Report on WBS

Webster Financial Trading Up 0.4%

Shares of WBS stock opened at $75.15 on Thursday. The stock has a market cap of $12.18 billion, a price-to-earnings ratio of 12.30 and a beta of 1.00. The stock has a 50-day moving average of $72.42 and a 200-day moving average of $68.98. 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 $76.10.

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

Webster Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 21st. Investors of record on Monday, May 11th were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Monday, May 11th. This represents a $1.60 annualized dividend and a yield of 2.1%. Webster Financial’s dividend payout ratio (DPR) is currently 26.19%.

Webster Financial 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.