WEX Inc. $WEX Stake Lessened by Loring Wolcott & Coolidge Fiduciary Advisors LLP MA

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA decreased its holdings in shares of WEX Inc. (NYSE:WEX) by 14.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 408,015 shares of the business services provider’s stock after selling 67,412 shares during the quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s holdings in WEX were worth $63,936,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of WEX. Quent Capital LLC purchased a new position in WEX during the 3rd quarter valued at about $28,000. Caitong International Asset Management Co. Ltd lifted its position in shares of WEX by 368.1% in the third quarter. Caitong International Asset Management Co. Ltd now owns 220 shares of the business services provider’s stock worth $35,000 after purchasing an additional 173 shares in the last quarter. Hantz Financial Services Inc. boosted its holdings in shares of WEX by 162.1% during the third quarter. Hantz Financial Services Inc. now owns 228 shares of the business services provider’s stock worth $36,000 after purchasing an additional 141 shares during the period. First Horizon Corp grew its position in WEX by 65.7% during the fourth quarter. First Horizon Corp now owns 237 shares of the business services provider’s stock valued at $35,000 after purchasing an additional 94 shares in the last quarter. Finally, Jones Financial Companies Lllp increased its stake in WEX by 56.7% in the 3rd quarter. Jones Financial Companies Lllp now owns 329 shares of the business services provider’s stock valued at $53,000 after buying an additional 119 shares during the period. 97.47% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about WEX

Here are the key news stories impacting WEX this week:

• Positive Sentiment: Q1 results beat expectations — WEX reported revenue of ~$673.8M and EPS that topped consensus, with management saying revenue and adjusted net income exceeded the high end of guidance. This underpins the near-term upside in the stock. WEX Inc. Reports First Quarter 2026 Financial Results
• Positive Sentiment: Company raised guidance — WEX updated Q2 2026 EPS guidance to $4.93–$5.13 and FY2026 to $18.95–$19.55 (both above consensus), and gave higher revenue ranges, signaling management confidence in growth and margin trends.
• Positive Sentiment: Management is pushing the investment story — WEX published a shareholder letter highlighting “accelerating momentum” and will host a virtual fireside chat (April 27) to discuss strategy and value-creation plans, which supports further institutional interest. WEX Issues Letter to Shareholders WEX to Host Virtual Fireside Chat
• Neutral Sentiment: Analyst activity mixed — Morgan Stanley raised its price target to $158 (from $146) but kept an equal-weight rating; the move is a modest vote of confidence but the target remains below the current market price, so impact is mixed. Morgan Stanley Raises WEX Price Target
• Negative Sentiment: Proxy contest/governance risk — Impactive Capital’s campaign continues to gain traction: Glass Lewis has recommended two dissident nominees, increasing the risk of board change and short-term stock volatility tied to the proxy fight. Glass Lewis Supports Impactive’s Case
• Negative Sentiment: Cash-flow and balance-sheet items flagged — some third‑party summaries note weakening operating cash flow and rising liabilities year‑over‑year, plus notable recent insider selling, which are areas investors should monitor despite the earnings beat. QuiverQuant Q1 Summary

Insider Buying and Selling

In other WEX news, insider Sara Trickett sold 1,815 shares of the firm’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $149.95, for a total transaction of $272,159.25. Following the sale, the insider directly owned 2,137 shares in the company, valued at approximately $320,443.15. This trade represents a 45.93% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, COO Joel Alan Dearborn, Jr. sold 3,500 shares of the firm’s stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $175.00, for a total transaction of $612,500.00. Following the sale, the chief operating officer owned 22,872 shares in the company, valued at approximately $4,002,600. The trade was a 13.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 15,479 shares of company stock valued at $2,454,914. 1.40% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on WEX shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of WEX in a research note on Monday. Cantor Fitzgerald boosted their price objective on shares of WEX from $158.00 to $166.00 and gave the stock a “neutral” rating in a research note on Monday, February 9th. Robert W. Baird increased their target price on WEX from $210.00 to $220.00 and gave the company an “outperform” rating in a research note on Thursday. JPMorgan Chase & Co. reduced their price target on shares of WEX from $175.00 to $155.00 and set a “neutral” rating for the company in a report on Friday, February 6th. Finally, UBS Group set a $165.00 price objective on WEX and gave the stock a “neutral” rating in a research report on Friday, February 6th. Three equities research analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $164.27.

WEX Price Performance

Shares of WEX stock opened at $185.26 on Thursday. WEX Inc. has a 52 week low of $120.03 and a 52 week high of $186.86. The company has a debt-to-equity ratio of 2.86, a quick ratio of 1.05 and a current ratio of 1.05. The stock has a market capitalization of $6.42 billion, a PE ratio of 21.80, a PEG ratio of 1.30 and a beta of 0.93. The stock’s fifty day moving average is $159.02 and its 200-day moving average is $154.61.

WEX (NYSE:WEX) last announced its quarterly earnings results on Wednesday, April 22nd. The business services provider reported $4.15 earnings per share for the quarter, topping analysts’ consensus estimates of $3.92 by $0.23. The company had revenue of $673.80 million for the quarter, compared to analysts’ expectations of $660.96 million. WEX had a net margin of 11.43% and a return on equity of 48.01%. The business’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same period last year, the firm posted $3.51 earnings per share. WEX has set its FY 2026 guidance at 18.950-19.550 EPS and its Q2 2026 guidance at 4.930-5.130 EPS. Equities research analysts expect that WEX Inc. will post 15.65 EPS for the current fiscal year.

WEX Company Profile

WEX Inc is a global financial technology company specializing in business payment solutions for fleet, travel, and corporate payments. The company delivers software-driven platforms and card-based services that help businesses automate payment processes, manage expenses and improve operational efficiency across a range of industries, including transportation, healthcare and government.

Founded in 1983 as Wright Express in Portland, Maine, the company began by offering fuel card services to trucking fleets.