Hood River Capital Management LLC Makes New $29.87 Million Investment in WesBanco, Inc. $WSBC

08 Dec 2025, 07:04 by Jessica Moore · The Cerbat Gem

Hood River Capital Management LLC acquired a new stake in shares of WesBanco, Inc. (NASDAQ:WSBC – Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 944,339 shares of the financial services provider’s stock, valued at approximately $29,869,000. Hood River Capital Management LLC owned about 0.98% of WesBanco at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of WSBC. Vanguard Group Inc. grew its stake in WesBanco by 40.3% during the first quarter. Vanguard Group Inc. now owns 9,413,008 shares of the financial services provider’s stock valued at $291,427,000 after acquiring an additional 2,702,469 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of WesBanco by 42.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 5,793,319 shares of the financial services provider’s stock valued at $179,358,000 after purchasing an additional 1,730,801 shares during the last quarter. Wellington Management Group LLP grew its position in shares of WesBanco by 35.2% during the first quarter. Wellington Management Group LLP now owns 2,456,454 shares of the financial services provider’s stock valued at $76,052,000 after purchasing an additional 640,003 shares in the last quarter. Geode Capital Management LLC grew its position in shares of WesBanco by 7.8% during the second quarter. Geode Capital Management LLC now owns 2,389,477 shares of the financial services provider’s stock valued at $75,588,000 after purchasing an additional 172,276 shares in the last quarter. Finally, Earnest Partners LLC increased its holdings in shares of WesBanco by 4.6% in the first quarter. Earnest Partners LLC now owns 1,859,436 shares of the financial services provider’s stock worth $57,568,000 after purchasing an additional 82,434 shares during the last quarter. Hedge funds and other institutional investors own 61.41% of the company’s stock.

Analyst Upgrades and Downgrades

WSBC has been the subject of a number of research reports. DA Davidson lowered WesBanco from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 20th. Wall Street Zen downgraded WesBanco from a “buy” rating to a “hold” rating in a research report on Friday, September 26th. Royal Bank Of Canada raised their target price on shares of WesBanco from $34.00 to $36.00 and gave the company a “sector perform” rating in a report on Friday, October 10th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of WesBanco in a research note on Monday, December 1st. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, WesBanco presently has a consensus rating of “Moderate Buy” and an average target price of $39.17.

View Our Latest Stock Report on WSBC

WesBanco Price Performance

WesBanco stock opened at $32.68 on Monday. WesBanco, Inc. has a 12-month low of $26.42 and a 12-month high of $37.18. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.44. The firm has a 50-day moving average price of $31.64 and a 200-day moving average price of $31.61. The firm has a market capitalization of $3.14 billion, a PE ratio of 16.67 and a beta of 0.81.

WesBanco (NASDAQ:WSBC – Get Free Report) last posted its quarterly earnings data on Wednesday, October 22nd. The financial services provider reported $0.94 earnings per share for the quarter, topping analysts’ consensus estimates of $0.89 by $0.05. The company had revenue of $261.58 million for the quarter, compared to analyst estimates of $263.38 million. WesBanco had a net margin of 13.91% and a return on equity of 8.28%. During the same period in the prior year, the company posted $0.54 EPS. As a group, equities research analysts forecast that WesBanco, Inc. will post 3.24 EPS for the current year.

WesBanco Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 2nd. Investors of record on Friday, December 5th will be paid a dividend of $0.38 per share. The ex-dividend date of this dividend is Friday, December 5th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 4.7%. This is an increase from WesBanco’s previous quarterly dividend of $0.37. WesBanco’s dividend payout ratio is 77.55%.

Insider Activity

In related news, Director F Eric Nelson, Jr. sold 752 shares of the business’s stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $33.37, for a total transaction of $25,094.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Zahid Afzal bought 3,321 shares of the firm’s stock in a transaction dated Thursday, October 30th. The shares were acquired at an average price of $30.11 per share, with a total value of $99,995.31. Following the completion of the transaction, the director owned 13,223 shares of the company’s stock, valued at approximately $398,144.53. The trade was a 33.54% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders purchased 52,921 shares of company stock worth $1,339,995 in the last three months. Corporate insiders own 2.80% of the company’s stock.

WesBanco Profile

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