Rep. Robert E. Latta Purchases Shares of Farmers & Merchants Bancorp Inc. (NASDAQ:FMAO)

Representative Robert E. Latta (Republican-Ohio) recently bought shares of Farmers & Merchants Bancorp Inc. (NASDAQ:FMAO). In a filing disclosed on June 05th, the Representative disclosed that they had bought between $15,001 and $50,000 in Farmers & Merchants Bancorp stock on June 4th.

Representative Robert E. Latta also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Farmers & Merchants Bancorp (NASDAQ:FMAO) on 4/20/2026.

Farmers & Merchants Bancorp Stock Up 1.5%

Shares of Farmers & Merchants Bancorp stock traded up $0.43 during trading hours on Tuesday, reaching $28.57. 38,868 shares of the company’s stock were exchanged, compared to its average volume of 53,133. The stock has a market cap of $393.34 million, a P/E ratio of 10.94 and a beta of 0.82. The company has a 50 day moving average of $27.02 and a two-hundred day moving average of $26.34. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.58. Farmers & Merchants Bancorp Inc. has a fifty-two week low of $22.77 and a fifty-two week high of $29.83.

Farmers & Merchants Bancorp (NASDAQ:FMAO) last issued its earnings results on Wednesday, April 22nd. The financial services provider reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.02. Farmers & Merchants Bancorp had a net margin of 18.54% and a return on equity of 9.85%. The business had revenue of $32.44 million during the quarter, compared to the consensus estimate of $32.54 million. On average, sell-side analysts forecast that Farmers & Merchants Bancorp Inc. will post 2.83 EPS for the current fiscal year.

Farmers & Merchants Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 20th. Shareholders of record on Friday, April 3rd were paid a $0.23 dividend. The ex-dividend date was Thursday, April 2nd. This represents a $0.92 annualized dividend and a yield of 3.2%. Farmers & Merchants Bancorp’s payout ratio is presently 35.25%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Royal Bank of Canada boosted its holdings in shares of Farmers & Merchants Bancorp by 124.6% during the 4th quarter. Royal Bank of Canada now owns 1,159 shares of the financial services provider’s stock valued at $28,000 after buying an additional 643 shares in the last quarter. CANADA LIFE ASSURANCE Co bought a new stake in Farmers & Merchants Bancorp during the fourth quarter worth about $34,000. BNP Paribas Financial Markets boosted its stake in Farmers & Merchants Bancorp by 36.0% during the second quarter. BNP Paribas Financial Markets now owns 1,924 shares of the financial services provider’s stock worth $49,000 after acquiring an additional 509 shares in the last quarter. Tower Research Capital LLC TRC grew its holdings in Farmers & Merchants Bancorp by 948.7% in the second quarter. Tower Research Capital LLC TRC now owns 4,436 shares of the financial services provider’s stock worth $112,000 after purchasing an additional 4,013 shares during the period. Finally, Globeflex Capital L P bought a new position in shares of Farmers & Merchants Bancorp during the first quarter valued at approximately $152,000. Hedge funds and other institutional investors own 23.96% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Weiss Ratings downgraded shares of Farmers & Merchants Bancorp from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, June 2nd. Piper Sandler reiterated a “neutral” rating and set a $28.50 target price (up from $28.00) on shares of Farmers & Merchants Bancorp in a research note on Monday, April 27th. Finally, Hovde Group decreased their price objective on shares of Farmers & Merchants Bancorp from $30.00 to $28.50 and set a “market perform” rating for the company in a report on Friday, April 24th. One investment analyst has rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Farmers & Merchants Bancorp presently has an average rating of “Hold” and an average price target of $28.50.

Insider Buying and Selling

In other Farmers & Merchants Bancorp news, Director Andrew J. Briggs sold 3,000 shares of the company’s stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $27.81, for a total value of $83,430.00. Following the completion of the transaction, the director directly owned 201,550 shares in the company, valued at $5,605,105.50. This represents a 1.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Eric D. Faust sold 1,148 shares of Farmers & Merchants Bancorp stock in a transaction on Monday, March 23rd. The shares were sold at an average price of $25.16, for a total transaction of $28,883.68. Following the transaction, the insider owned 5,538 shares in the company, valued at approximately $139,336.08. This trade represents a 17.17% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 25,148 shares of company stock worth $683,364. Insiders own 7.30% of the company’s stock.

About Representative Latta

Bob Latta (Republican Party) is a member of the U.S. House, representing Ohio’s 5th Congressional District. He assumed office on January 3, 2007. His current term ends on January 3, 2027.

Latta (Republican Party) ran for re-election to the U.S. House to represent Ohio’s 5th Congressional District. He won in the general election on November 5, 2024.

Farmers & Merchants Bancorp Company Profile

Farmers & Merchants Bancorp (NASDAQ:FMAO) is the bank holding company for Farmers & Merchants Bank of Central California, a community-focused institution headquartered in Los Banos, California. The bank traces its roots to 1916 and has grown to serve individuals, businesses and agricultural enterprises throughout the western San Joaquin Valley. Operating with a commitment to local decision-making, the company emphasizes personalized service and close ties to the communities in which it operates.

Through its banking subsidiary, Farmers & Merchants offers a comprehensive suite of financial products and services, including checking and savings accounts, certificates of deposit, online and mobile banking platforms, and merchant services.