15,964 WesBanco, Inc. $WSBC Shares Sold by State of Alaska Department of Revenue

State of Alaska Department of Revenue cut its position in WesBanco, Inc. (NASDAQ:WSBC) by 44.7% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 19,712 shares of the financial services provider’s stock after selling 15,964 shares during the quarter. State of Alaska Department of Revenue’s holdings in WesBanco were worth $736,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Sound Income Strategies LLC grew its position in WesBanco by 42.2% during the 3rd quarter. Sound Income Strategies LLC now owns 143,059 shares of the financial services provider’s stock worth $5,287,000 after purchasing an additional 42,428 shares during the period. GAMMA Investing LLC raised its position in WesBanco by 39.0% during the third quarter. GAMMA Investing LLC now owns 2,546 shares of the financial services provider’s stock valued at $95,000 after acquiring an additional 714 shares in the last quarter. Tidal Investments LLC purchased a new position in WesBanco during the second quarter valued at approximately $621,000. Integrated Wealth Concepts LLC acquired a new position in WesBanco in the second quarter valued at approximately $177,000. Finally, Allworth Financial LP lifted its holdings in WesBanco by 40.1% in the second quarter. Allworth Financial LP now owns 6,280 shares of the financial services provider’s stock valued at $245,000 after acquiring an additional 1,799 shares during the period. Hedge funds and other institutional investors own 61.41% of the company’s stock.

WesBanco Trading Up 3.9%

Shares of WesBanco stock opened at $39.13 on Friday. The firm has a market capitalization of $3.75 billion, a PE ratio of 11.38 and a beta of 0.69. WesBanco, Inc. has a twelve month low of $29.57 and a twelve month high of $43.02. The firm’s 50-day moving average price is $39.18 and its 200 day moving average price is $37.88. The company has a current ratio of 0.94, a quick ratio of 0.93 and a debt-to-equity ratio of 0.43.

WesBanco (NASDAQ:WSBC) last posted its quarterly earnings data on Wednesday, October 21st. The financial services provider reported $0.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.01. The company had revenue of $272.74 million for the quarter, compared to analysts’ expectations of $274.88 million. WesBanco had a return on equity of 9.59% and a net margin of 23.70%. On average, sell-side analysts predict that WesBanco, Inc. will post 3.57 EPS for the current fiscal year.

WesBanco Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Friday, September 4th were issued a dividend of $0.38 per share. The ex-dividend date of this dividend was Friday, September 4th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 3.9%. WesBanco’s dividend payout ratio is presently 44.19%.

WesBanco News Summary

Here are the key news stories impacting WesBanco this week:

• Positive Sentiment: WesBanco reported third-quarter earnings of $0.89 per share, exceeding consensus estimates of $0.87-$0.88. The beat provides a positive catalyst, although earnings were below the $0.94 reported in the prior-year quarter. WesBanco Q3 Earnings Surpass Estimates
• Positive Sentiment: Management highlighted strong annualized loan growth, a solid efficiency ratio and accelerating growth in targeted expansion markets, suggesting continued progress in the bank’s growth strategy. WesBanco Announces Third Quarter 2026 Financial Results
• Positive Sentiment: The company delivered a 23.35% net margin and 9.72% return on equity, supporting the view that operating profitability and shareholder returns remain solid. WesBanco Third-Quarter Earnings Results
• Neutral Sentiment: Third-quarter revenue rose to $272.74 million, but the result was slightly below the $274.88 million analyst forecast. The revenue miss limits the strength of the earnings beat. WesBanco Misses Q3 Sales Expectations
• Negative Sentiment: Adjusted earnings declined from the year-ago period, indicating that the quarterly EPS beat was driven primarily by performance relative to estimates rather than year-over-year earnings growth. WesBanco Adjusted Earnings Fall

Insider Buying and Selling at WesBanco

In other news, Director Denise H. Knouse-Snyder sold 3,070 shares of the firm’s stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $40.89, for a total value of $125,532.30. Following the transaction, the director directly owned 15,035 shares of the company’s stock, valued at approximately $614,781.15. This trade represents a 16.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Jan Pattishall-Krupinski sold 2,250 shares of the business’s stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $41.45, for a total transaction of $93,262.50. Following the transaction, the executive vice president owned 33,674 shares in the company, valued at $1,395,787.30. The trade was a 6.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 35,195 shares of company stock valued at $1,465,800. 2.07% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on WSBC. DA Davidson set a $46.00 price objective on shares of WesBanco in a research note on Thursday, July 23rd. Piper Sandler lowered their price target on shares of WesBanco from $46.00 to $45.00 and set a “neutral” rating on the stock in a report on Tuesday, October 6th. Weiss Ratings restated a “buy (b)” rating on shares of WesBanco in a research report on Monday, August 3rd. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and issued a $42.00 price objective on shares of WesBanco in a report on Thursday, July 23rd. Finally, Raymond James Financial cut WesBanco from a “strong-buy” rating to a “market perform” rating in a research report on Tuesday, October 6th. Two research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $43.60.

WesBanco Profile

WesBanco, Inc (NASDAQ: WSBC) is a regional financial services holding company headquartered in Wheeling, West Virginia. Through its principal subsidiary, WesBanco Bank, the company provides banking and financial services to individuals, families, businesses and institutions.

Its offerings include consumer and commercial deposit accounts, residential and commercial real estate lending, business loans, personal and corporate credit services, mortgage banking and other traditional banking products.