Penserra Capital Management LLC Reduces Stake in WEX Inc. $WEX

Penserra Capital Management LLC cut its stake in WEX Inc. (NYSE:WEX) by 13.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 44,865 shares of the business services provider’s stock after selling 6,685 shares during the quarter. Penserra Capital Management LLC’s holdings in WEX were worth $7,066,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Quent Capital LLC purchased a new stake in shares of WEX in the third quarter valued at about $28,000. Steph & Co. acquired a new position in WEX in the 3rd quarter valued at about $35,000. Jones Financial Companies Lllp boosted its holdings 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 purchasing an additional 119 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new stake in shares of WEX in the 2nd quarter valued at approximately $54,000. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of WEX by 4,837.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 395 shares of the business services provider’s stock worth $58,000 after buying an additional 387 shares during the last quarter. Institutional investors and hedge funds own 97.47% of the company’s stock.

Key Stories Impacting WEX

Here are the key news stories impacting WEX this week:

• Positive Sentiment: Q4 revenue beat and raised FY guidance — WEX reported Q4 revenue of $672.9M (+5.7% YoY), topping estimates, and provided FY‑2026 EPS guidance of $17.25–$17.85, above prior consensus, which supports upside for earnings expectations. WEX Inc. Reports Fourth Quarter and Full Year 2025 Financial Results
• Positive Sentiment: Corporate payments momentum — management called out growth in virtual card and accounts‑payable solutions offsetting weak mobility, indicating higher‑margin corporate products are carrying the recovery. This diversification could support revenue quality going forward. WEX Sees Virtual Card and Accounts Payable Solutions Offset Flat Mobility
• Positive Sentiment: Market reaction to beats on key metrics — multiple outlets note revenue and EPS beats for the quarter, reinforcing that core business performance outpaced expectations. WEX’s (NYSE:WEX) Q4 CY2025: Beats On Revenue
• Neutral Sentiment: Analyst views mixed — some firms reiterate neutral/hold stances citing solid cash generation but limited catalysts, while others (including recent initiations) provide fresh coverage; consensus targets remain above current price but vary widely. Balanced Risk/Reward at WEX: Solid Cash Generation but Limited Catalysts Justify Hold Rating
• Negative Sentiment: Operating cash flow weakness and balance‑sheet concerns — third‑party reports flag a sharp decline in operating cash flow year‑over‑year despite higher net income and a notable increase in total liabilities; this raises short‑term funding and leverage concerns. Wex Inc (WEX) Releases Q4 2025 Earnings: Revenue Beats, EPS Miss, Operating Cash Flow Plunges
• Negative Sentiment: Mobility segment uneven — mobility/travel payments showed mixed results; management says mobility is flat, so continued weakness there could limit overall growth if corporate adoption slows. WEX Sees Virtual Card and Accounts Payable Solutions Offset Flat Mobility

WEX Price Performance

WEX stock opened at $148.09 on Friday. The business’s fifty day moving average price is $153.44 and its 200 day moving average price is $158.16. WEX Inc. has a 12-month low of $110.45 and a 12-month high of $180.71. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 3.33. The company has a market capitalization of $5.08 billion, a PE ratio of 17.42, a P/E/G ratio of 1.11 and a beta of 0.98.

WEX (NYSE:WEX) last released its earnings results on Wednesday, February 4th. The business services provider reported $4.11 earnings per share for the quarter, beating the consensus estimate of $3.90 by $0.21. The company had revenue of $672.90 million during the quarter, compared to the consensus estimate of $660.89 million. WEX had a return on equity of 51.30% and a net margin of 11.43%.WEX’s revenue was up 5.7% compared to the same quarter last year. During the same period in the previous year, the company posted $3.57 EPS. WEX has set its FY 2026 guidance at 17.250-17.850 EPS and its Q1 2026 guidance at 3.80-4.000 EPS. On average, sell-side analysts anticipate that WEX Inc. will post 14.09 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Bank of America upgraded WEX from a “neutral” rating to a “buy” rating and set a $178.00 price objective on the stock in a report on Wednesday, October 22nd. JPMorgan Chase & Co. decreased their price target on WEX from $195.00 to $175.00 and set a “neutral” rating on the stock in a research note on Friday, October 31st. UBS Group lowered their price target on WEX from $185.00 to $172.00 and set a “neutral” rating for the company in a report on Friday, October 31st. Cantor Fitzgerald upgraded shares of WEX to a “hold” rating in a report on Tuesday, January 27th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of WEX in a research note on Wednesday, January 21st. Four equities research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $168.08.

Insider Buying and Selling

In other WEX news, Director Stephen Montgomery Smith purchased 1,000 shares of the company’s stock in a transaction on Thursday, November 13th. The stock was acquired at an average price of $144.25 per share, for a total transaction of $144,250.00. Following the completion of the purchase, the director directly owned 7,971 shares in the company, valued at approximately $1,149,816.75. The trade was a 14.35% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Jennifer Kimball sold 494 shares of WEX stock in a transaction on Thursday, December 18th. The shares were sold at an average price of $151.40, for a total value of $74,791.60. Following the completion of the transaction, the chief accounting officer owned 3,671 shares of the company’s stock, valued at approximately $555,789.40. This trade represents a 11.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.40% of the stock is owned by insiders.

About WEX

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.