The Manufacturers Life Insurance Company Trims Holdings in WSFS Financial Corporation $WSFS

Posted by George Bondi on Aug 1st, 2026

The Manufacturers Life Insurance Company lowered its stake in shares of WSFS Financial Corporation (NASDAQ:WSFS – Free Report) by 3.2% in the first quarter, Holdings Channel reports. The institutional investor owned 530,175 shares of the bank’s stock after selling 17,347 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in WSFS Financial were worth $34,705,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in WSFS. Root Financial Partners LLC raised its holdings in WSFS Financial by 92.4% in the first quarter. Root Financial Partners LLC now owns 431 shares of the bank’s stock valued at $28,000 after acquiring an additional 207 shares in the last quarter. NewEdge Advisors LLC acquired a new position in WSFS Financial during the 4th quarter worth $33,000. Torren Management LLC acquired a new position in WSFS Financial during the 4th quarter worth $35,000. Clearstead Advisors LLC increased its position in shares of WSFS Financial by 167.5% in the 4th quarter. Clearstead Advisors LLC now owns 781 shares of the bank’s stock worth $43,000 after purchasing an additional 489 shares during the last quarter. Finally, Quarry LP increased its position in shares of WSFS Financial by 159.7% in the 3rd quarter. Quarry LP now owns 813 shares of the bank’s stock worth $44,000 after purchasing an additional 500 shares during the last quarter. Institutional investors own 88.49% of the company’s stock.

Insider Transactions at WSFS Financial

In other WSFS Financial news, EVP Shari Kruzinski sold 3,500 shares of WSFS Financial stock in a transaction that occurred on 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 in the company, valued at $1,243,020.18. The trade was a 18.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Rodger Levenson sold 65,446 shares of WSFS Financial stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $74.11, for a total value of $4,850,203.06. Following the completion of the transaction, the chief executive officer owned 186,088 shares of the company’s stock, valued at approximately $13,790,981.68. The trade was a 26.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 1.10% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on WSFS. Piper Sandler reaffirmed a “neutral” rating and set a $80.00 price target (up from $72.00) on shares of WSFS Financial in a research report on Wednesday, May 6th. Weiss Ratings reissued a “buy (b)” rating on shares of WSFS Financial in a report on Friday, June 12th. UBS Group set a $76.00 price objective on WSFS Financial in a research note on Monday, April 27th. DA Davidson set a $83.00 target price on WSFS Financial and gave the stock a “neutral” rating in a report on Monday. Finally, Stephens reiterated an “overweight” rating and issued a $87.00 target price on shares of WSFS Financial in a research report on Monday. Four equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $81.64.

Read Our Latest Report on WSFS

WSFS Financial Stock Up 0.5%

Shares of NASDAQ:WSFS opened at $80.20 on Friday. The company’s fifty day moving average is $76.00 and its two-hundred day moving average is $69.60. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.85 and a current ratio of 0.84. WSFS Financial Corporation has a 1-year low of $49.92 and a 1-year high of $82.30. The stock has a market capitalization of $4.17 billion, a price-to-earnings ratio of 13.41 and a beta of 0.76.

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 the consensus estimate of $1.50 by $0.16. WSFS Financial had a net margin of 23.34% and a return on equity of 11.71%. The business had revenue of $284.70 million during the quarter, compared to analyst estimates of $278.41 million. During the same period in the previous year, the business posted $1.27 EPS. The company’s quarterly revenue was up 5.6% on a year-over-year basis. Equities analysts anticipate that WSFS Financial Corporation will post 6.51 EPS for the current year.

WSFS Financial Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 21st. Shareholders of record on Friday, August 7th will be issued a $0.20 dividend. The ex-dividend date of this dividend is Friday, August 7th. This represents a $0.80 dividend on an annualized basis and a yield of 1.0%. WSFS Financial’s dividend payout ratio (DPR) is currently 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.