Legal & General Group Plc Purchases New Position in WSFS Financial Corporation $WSFS

Posted by Brenda Bartman on Sep 2nd, 2026

Legal & General Group Plc acquired a new position in WSFS Financial Corporation (NASDAQ:WSFS – Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 119,213 shares of the bank’s stock, valued at approximately $9,147,000. Legal & General Group Plc owned about 0.23% of WSFS Financial at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of WSFS. Root Financial Partners LLC boosted its position in shares of WSFS Financial by 92.4% during the 1st quarter. Root Financial Partners LLC now owns 431 shares of the bank’s stock valued at $28,000 after acquiring an additional 207 shares during the last quarter. NewEdge Advisors LLC bought a new stake in WSFS Financial in the fourth quarter worth $33,000. Allworth Financial LP bought a new stake in WSFS Financial in the second quarter worth $47,000. Clearstead Advisors LLC raised its stake in WSFS Financial by 167.5% during the fourth quarter. Clearstead Advisors LLC now owns 781 shares of the bank’s stock valued at $43,000 after purchasing an additional 489 shares in the last quarter. Finally, Quarry LP raised its stake in WSFS Financial by 159.7% during the third quarter. Quarry LP now owns 813 shares of the bank’s stock valued at $44,000 after purchasing an additional 500 shares in the last quarter. 88.49% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

WSFS has been the subject of a number of recent research reports. Stephens cut shares of WSFS Financial from an “overweight” rating to an “equal weight” rating and set a $87.00 price objective for the company. in a research note on Wednesday, August 12th. Keefe, Bruyette & Woods upped their target price on shares of WSFS Financial from $83.00 to $89.00 and gave the company a “market perform” rating in a research report on Monday, July 27th. Weiss Ratings raised shares of WSFS Financial from a “buy (b)” rating to a “buy (b+)” rating in a report on Monday. DA Davidson set a $83.00 price target on WSFS Financial and gave the stock a “neutral” rating in a research report on Monday, July 27th. Finally, Piper Sandler reissued a “neutral” rating and set a $90.00 price objective (up from $80.00) on shares of WSFS Financial in a research note on Monday, August 3rd. Three equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $83.07.

Check Out Our Latest Analysis on WSFS

Insider Activity

In other news, EVP Shari Kruzinski sold 3,500 shares of the business’s stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $81.74, for a total value of $286,090.00. Following the completion of the sale, the executive vice president owned 15,207 shares in the company, valued at approximately $1,243,020.18. The trade was a 18.71% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Rodger Levenson sold 65,446 shares of the stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $74.11, for a total transaction of $4,850,203.06. Following the transaction, the chief executive officer owned 186,088 shares in the company, valued at approximately $13,790,981.68. This represents a 26.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 1.10% of the company’s stock.

WSFS Financial Price Performance

WSFS stock opened at $76.69 on Wednesday. The stock has a market cap of $3.92 billion, a PE ratio of 12.82 and a beta of 0.76. WSFS Financial Corporation has a 12 month low of $49.92 and a 12 month high of $82.94. The company has a 50-day moving average price of $79.21 and a 200 day moving average price of $72.43. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.11.

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

WSFS Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 21st. Stockholders of record on Friday, August 7th were paid a dividend of $0.20 per share. The ex-dividend date was Friday, August 7th. This represents a $0.80 annualized dividend and a dividend yield of 1.0%. WSFS Financial’s dividend payout ratio (DPR) is currently 13.38%.

WSFS Financial Company 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.