UBS Group AG Has $64.04 Million Holdings in WEX Inc. $WEX

UBS Group AG lowered its position in shares of WEX Inc. (NYSE:WEX) by 1.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 429,828 shares of the business services provider’s stock after selling 4,320 shares during the quarter. UBS Group AG’s holdings in WEX were worth $64,036,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in WEX. Quent Capital LLC purchased a new position in WEX during the third quarter valued at approximately $28,000. Caitong International Asset Management Co. Ltd grew its position in WEX by 368.1% during the third quarter. Caitong International Asset Management Co. Ltd now owns 220 shares of the business services provider’s stock valued at $35,000 after purchasing an additional 173 shares in the last quarter. 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. Hantz Financial Services Inc. grew its position in WEX by 162.1% during the third quarter. Hantz Financial Services Inc. now owns 228 shares of the business services provider’s stock valued at $36,000 after purchasing an additional 141 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its position in WEX by 56.7% during the third quarter. Jones Financial Companies Lllp now owns 329 shares of the business services provider’s stock valued at $53,000 after purchasing an additional 119 shares in the last quarter. Institutional investors and hedge funds own 97.47% of the company’s stock.

WEX Stock Performance

WEX stock opened at $154.09 on Tuesday. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 2.83. The company has a market capitalization of $5.34 billion, a price-to-earnings ratio of 17.29, a P/E/G ratio of 0.95 and a beta of 0.87. WEX Inc. has a 12 month low of $120.03 and a 12 month high of $186.85. The firm has a 50 day moving average of $158.54 and a two-hundred day moving average of $154.48.

WEX (NYSE:WEX) last posted its earnings results on Wednesday, April 22nd. The business services provider reported $4.15 EPS for the quarter, topping the consensus estimate of $3.92 by $0.23. The company had revenue of $673.80 million during the quarter, compared to the consensus estimate of $660.96 million. WEX had a net margin of 11.50% and a return on equity of 42.66%. The company’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same period in the previous 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. As a group, equities analysts anticipate that WEX Inc. will post 16.34 EPS for the current fiscal year.

Wall Street Analyst Weigh In

WEX has been the topic of a number of research analyst reports. Morgan Stanley boosted their price objective on shares of WEX from $146.00 to $158.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 21st. JPMorgan Chase & Co. lowered their price objective on shares of WEX from $175.00 to $155.00 and set a “neutral” rating on the stock in a research report on Friday, February 6th. Raymond James Financial reaffirmed a “market perform” rating on shares of WEX in a research report on Friday, March 6th. Cantor Fitzgerald boosted their price objective on shares of WEX from $158.00 to $166.00 and gave the company a “neutral” rating in a research report on Monday, February 9th. Finally, Wall Street Zen downgraded shares of WEX from a “buy” rating to a “hold” rating in a research report on Saturday. Four investment analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $169.27.

Insider Buying and Selling

In other WEX news, CAO Jennifer Kimball sold 715 shares of the business’s stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $157.82, for a total value of $112,841.30. Following the completion of the sale, the chief accounting officer directly owned 6,203 shares of the company’s stock, valued at $978,957.46. The trade was a 10.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, COO Joel Alan Dearborn, Jr. sold 3,500 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the chief operating officer directly owned 22,872 shares of the company’s stock, valued at $4,002,600. This represents a 13.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 15,479 shares of company stock valued at $2,454,914. 1.40% of the stock is owned by company insiders.

WEX 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.