Wealth Enhancement Advisory Services LLC Grows Stake in WEX Inc. $WEX

Key Points

• Wealth Enhancement Advisory Services LLC boosted its stake in WEX by 293% in Q4 to 19,592 shares (≈$2.97M), and institutional investors now own about 97.47% of the company.
• WEX beat Q4 estimates with EPS $4.11 vs $3.90 consensus and revenue $672.9M, and issued FY2026 guidance of $17.25–$17.85 EPS.
• Analysts' consensus rating is Hold with an average price target of $162.27 (three Buys vs thirteen Holds), and recent price targets range around $146–$165.

Wealth Enhancement Advisory Services LLC increased its position in WEX Inc. (NYSE:WEX - Free Report) by 293.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 19,592 shares of the business services provider's stock after acquiring an additional 14,607 shares during the period. Wealth Enhancement Advisory Services LLC owned about 0.06% of WEX worth $2,973,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Lightrock Netherlands B.V. increased its position in shares of WEX by 19.7% during the 3rd quarter. Lightrock Netherlands B.V. now owns 43,800 shares of the business services provider's stock valued at $6,900,000 after purchasing an additional 7,200 shares during the last quarter. Crossmark Global Holdings Inc. boosted its holdings in shares of WEX by 1,289.3% in the third quarter. Crossmark Global Holdings Inc. now owns 19,797 shares of the business services provider's stock worth $3,119,000 after buying an additional 18,372 shares during the last quarter. Earnest Partners LLC boosted its holdings in shares of WEX by 1.1% in the third quarter. Earnest Partners LLC now owns 907,803 shares of the business services provider's stock worth $143,006,000 after buying an additional 10,027 shares during the last quarter. Citigroup Inc. grew its position in WEX by 103.8% during the third quarter. Citigroup Inc. now owns 24,088 shares of the business services provider's stock valued at $3,795,000 after buying an additional 12,266 shares during the period. Finally, Snyder Capital Management L P grew its position in WEX by 13.6% during the third quarter. Snyder Capital Management L P now owns 175,427 shares of the business services provider's stock valued at $27,635,000 after buying an additional 21,028 shares during the period. Hedge funds and other institutional investors own 97.47% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on WEX shares. UBS Group set a $165.00 price target on shares of WEX and gave the stock a "neutral" rating in a research report on Friday, February 6th. Raymond James Financial restated a "market perform" rating on shares of WEX in a research note on Friday, March 6th. Morgan Stanley set a $146.00 target price on shares of WEX in a research note on Friday, February 6th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of WEX in a report on Wednesday, January 21st. Finally, JPMorgan Chase & Co. reduced their price objective on WEX from $175.00 to $155.00 and set a "neutral" rating on the stock in a research note on Friday, February 6th. Three analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $162.27.

WEX Stock Down 1.9%

Shares of NYSE:WEX opened at $150.18 on Thursday. WEX Inc. has a 52-week low of $110.45 and a 52-week high of $180.71. The stock has a market cap of $5.15 billion, a P/E ratio of 17.67, a price-to-earnings-growth ratio of 1.16 and a beta of 0.93. The business's 50 day moving average is $156.11 and its 200 day moving average is $154.23. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 2.86.

WEX (NYSE:WEX - Get Free Report) last posted its quarterly earnings results on Wednesday, February 4th. The business services provider reported $4.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.90 by $0.21. The business had revenue of $672.90 million for the quarter, compared to the consensus estimate of $660.89 million. WEX had a return on equity of 48.01% and a net margin of 11.43%.The business's revenue was up 5.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $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. Sell-side analysts predict that WEX Inc. will post 14.09 EPS for the current year.

Insider Buying and Selling

In other news, COO Carlos Carriedo sold 1,575 shares of the business's stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $159.90, for a total value of $251,842.50. Following the completion of the transaction, the chief operating officer directly owned 3,695 shares of the company's stock, valued at approximately $590,830.50. The trade was a 29.89% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO Robert Joseph Deshaies sold 3,238 shares of the company's stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $150.22, for a total value of $486,412.36. Following the sale, the chief operating officer owned 14,859 shares of the company's stock, valued at $2,232,118.98. This trade represents a 17.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 8,479 shares of company stock worth $1,309,924 in the last three months. Corporate insiders own 1.40% of the company's stock.

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.

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