Palisade Capital Management LP Makes New Investment in WSFS Financial Corporation $WSFS

Posted by George Bondi on Aug 26th, 2026

Palisade Capital Management LP acquired a new stake in shares of WSFS Financial Corporation (NASDAQ:WSFS – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 279,625 shares of the bank’s stock, valued at approximately $21,456,000. WSFS Financial accounts for about 0.9% of Palisade Capital Management LP’s holdings, making the stock its 20th biggest position. Palisade Capital Management LP owned about 0.55% of WSFS Financial at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Root Financial Partners LLC increased its stake in shares of WSFS Financial by 92.4% in the 1st quarter. Root Financial Partners LLC now owns 431 shares of the bank’s stock worth $28,000 after acquiring an additional 207 shares in the last quarter. NewEdge Advisors LLC purchased a new position in WSFS Financial during the 4th quarter valued at about $33,000. Torren Management LLC bought a new stake in WSFS Financial during the fourth quarter worth about $35,000. Clearstead Advisors LLC boosted its stake in WSFS Financial by 167.5% during the fourth quarter. Clearstead Advisors LLC now owns 781 shares of the bank’s stock worth $43,000 after acquiring an additional 489 shares in the last quarter. Finally, Quarry LP grew its holdings in WSFS Financial by 159.7% in the third quarter. Quarry LP now owns 813 shares of the bank’s stock worth $44,000 after purchasing an additional 500 shares during the period. Institutional investors own 88.49% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. DA Davidson set a $83.00 target price on shares of WSFS Financial and gave the company a “neutral” rating in a research note on Monday, July 27th. Keefe, Bruyette & Woods upped their price target on WSFS Financial from $83.00 to $89.00 and gave the stock a “market perform” rating in a research note on Monday, July 27th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of WSFS Financial in a research report on Friday, June 12th. Stephens lowered WSFS Financial from an “overweight” rating to an “equal weight” rating and set a $87.00 price objective for the company. in a research report on Wednesday, August 12th. Finally, TD Cowen reiterated a “buy” rating on shares of WSFS Financial in a research note on Wednesday, July 29th. Three equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, WSFS Financial presently has an average rating of “Hold” and an average target price of $83.07.

Get Our Latest Analysis on WSFS Financial

Insider Buying and Selling at WSFS Financial

In related news, CEO Rodger Levenson sold 65,446 shares of WSFS Financial stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $74.11, for a total value of $4,850,203.06. Following the completion of the sale, the chief executive officer directly owned 186,088 shares in the company, valued at approximately $13,790,981.68. This trade represents a 26.02% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Shari Kruzinski sold 3,500 shares of the business’s stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $81.74, for a total value of $286,090.00. Following the completion of the transaction, the executive vice president directly owned 15,207 shares of the company’s stock, valued at approximately $1,243,020.18. This trade represents a 18.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.10% of the company’s stock.

WSFS Financial Stock Down 1.1%

Shares of WSFS Financial stock opened at $78.58 on Wednesday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.84 and a current ratio of 0.84. The stock has a market capitalization of $4.01 billion, a PE ratio of 13.14 and a beta of 0.77. WSFS Financial Corporation has a 52-week low of $49.92 and a 52-week high of $82.94. The company has a 50-day simple moving average of $78.88 and a two-hundred day simple moving average of $72.14.

WSFS Financial (NASDAQ:WSFS – Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The bank reported $1.66 EPS for the quarter, beating analysts’ consensus estimates of $1.50 by $0.16. The firm had revenue of $284.70 million for the quarter, compared to analysts’ expectations of $278.41 million. WSFS Financial had a net margin of 23.34% and a return on equity of 11.71%. The business’s revenue for the quarter was up 5.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.27 earnings per share. On average, analysts anticipate that WSFS Financial Corporation will post 6.58 EPS for the current fiscal year.

WSFS Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 21st. Investors of record on Friday, August 7th were given a $0.20 dividend. The ex-dividend date of this dividend was Friday, August 7th. This represents a $0.80 annualized dividend and a yield of 1.0%. WSFS Financial’s dividend payout ratio is 13.38%.

WSFS Financial Profile

(Free Report)

WSFS Financial Corporation is the bank holding company for WSFS Bank, a regional financial institution headquartered in Wilmington, Delaware. The company traces its roots to the Safe Deposit & Trust Company, founded in 1832, and formally organized as WSFS Financial in the mid-1980s. Over its long history, WSFS has grown through a combination of organic expansion and selective acquisitions to serve a broad base of individual, commercial and institutional clients.

WSFS Bank offers a full suite of banking and financial services, including retail and commercial deposit accounts, commercial and industrial lending, real estate financing, and treasury management solutions.