Wedge Capital Management L L P NC Has $36.31 Million Position in Zions Bancorporation, N.A. $ZION

Wedge Capital Management L L P NC trimmed its position in Zions Bancorporation, N.A. (NASDAQ:ZIONFree Report) by 3.6% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 524,818 shares of the bank’s stock after selling 19,425 shares during the quarter. Wedge Capital Management L L P NC’s holdings in Zions Bancorporation, N.A. were worth $36,312,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in ZION. Bessemer Group Inc. raised its stake in Zions Bancorporation, N.A. by 5.2% in the 1st quarter. Bessemer Group Inc. now owns 3,159 shares of the bank’s stock valued at $182,000 after acquiring an additional 157 shares during the period. Signaturefd LLC lifted its holdings in Zions Bancorporation, N.A. by 17.1% during the 4th quarter. Signaturefd LLC now owns 1,192 shares of the bank’s stock valued at $70,000 after purchasing an additional 174 shares during the last quarter. Michels Family Financial LLC boosted its position in Zions Bancorporation, N.A. by 1.5% during the fourth quarter. Michels Family Financial LLC now owns 12,142 shares of the bank’s stock worth $711,000 after purchasing an additional 185 shares during the period. C M Bidwell & Associates Ltd. increased its holdings in shares of Zions Bancorporation, N.A. by 13.5% in the fourth quarter. C M Bidwell & Associates Ltd. now owns 1,555 shares of the bank’s stock valued at $91,000 after purchasing an additional 185 shares during the last quarter. Finally, Alta Capital Management LLC increased its holdings in shares of Zions Bancorporation, N.A. by 0.7% in the fourth quarter. Alta Capital Management LLC now owns 27,838 shares of the bank’s stock valued at $1,630,000 after purchasing an additional 203 shares during the last quarter. 76.84% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts recently commented on ZION shares. Cantor Fitzgerald lifted their target price on shares of Zions Bancorporation, N.A. from $69.00 to $80.00 and gave the stock an “overweight” rating in a report on Wednesday, July 15th. Morgan Stanley upped their price objective on Zions Bancorporation, N.A. from $68.00 to $77.00 and gave the company an “overweight” rating in a research note on Monday, June 29th. Robert W. Baird lifted their target price on shares of Zions Bancorporation, N.A. from $68.00 to $75.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 21st. Barclays increased their price objective on Zions Bancorporation, N.A. from $68.00 to $72.00 and gave the company an “underweight” rating in a report on Wednesday, April 22nd. Finally, Royal Bank Of Canada lifted their target price on Zions Bancorporation, N.A. from $74.00 to $76.00 and gave the stock a “sector perform” rating in a report on Tuesday, July 21st. Six equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Zions Bancorporation, N.A. has a consensus rating of “Hold” and a consensus price target of $71.29.

Read Our Latest Analysis on ZION

More Zions Bancorporation, N.A. News

Here are the key news stories impacting Zions Bancorporation, N.A. this week:

  • Positive Sentiment: Zacks Research raised its FY2026 EPS estimate to $6.51 from $6.31 and lifted Q4 2026 EPS to $1.62 from $1.60. It also increased Q1 2027 and Q2 2027 forecasts slightly, suggesting somewhat better near-term earnings expectations. Zions Bancorporation stock information
  • Neutral Sentiment: Reported short interest was listed at zero shares, unchanged from the prior period, with a zero-day days-to-cover ratio. However, the report’s “NaN” percentage change indicates a data-quality issue, making the information unsuitable as a meaningful trading signal. Zions Bancorporation short-interest information
  • Negative Sentiment: Zacks Research lowered several forward estimates, including Q3 2026 EPS to $1.59 from $1.60, FY2027 EPS to $6.54 from $6.56, Q1 2028 EPS to $1.61 from $1.70, Q2 2028 EPS to $1.70 from $1.77, and FY2028 EPS to $7.00 from $7.34. The largest cuts point to reduced longer-term earnings expectations and may weigh on valuation. Zions Bancorporation analyst estimates

Insider Transactions at Zions Bancorporation, N.A.

In other Zions Bancorporation, N.A. news, EVP Scott A. Law sold 4,608 shares of the stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $72.42, for a total value of $333,711.36. Following the transaction, the executive vice president owned 32,890 shares in the company, valued at approximately $2,381,893.80. This represents a 12.29% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Derek Steward sold 894 shares of the company’s stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $69.65, for a total value of $62,267.10. Following the transaction, the executive vice president directly owned 17,449 shares in the company, valued at $1,215,322.85. The trade was a 4.87% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 88,787 shares of company stock valued at $6,283,858 in the last 90 days. 1.43% of the stock is currently owned by corporate insiders.

Zions Bancorporation, N.A. Stock Performance

Shares of ZION stock opened at $71.00 on Wednesday. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.26. Zions Bancorporation, N.A. has a 52 week low of $46.19 and a 52 week high of $73.34. The firm has a 50 day moving average of $68.75 and a 200-day moving average of $63.08. The company has a market cap of $10.36 billion, a price-to-earnings ratio of 9.04, a price-to-earnings-growth ratio of 1.68 and a beta of 0.81.

Zions Bancorporation, N.A. Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 20th. Stockholders of record on Thursday, August 13th will be given a dividend of $0.48 per share. This is a boost from Zions Bancorporation, N.A.’s previous quarterly dividend of $0.45. The ex-dividend date of this dividend is Thursday, August 13th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.7%. Zions Bancorporation, N.A.’s payout ratio is currently 22.93%.

Zions Bancorporation, N.A. declared that its board has authorized a share repurchase plan on Saturday, May 2nd that allows the company to repurchase $225.00 million in outstanding shares. This repurchase authorization allows the bank to repurchase up to 2.4% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s management believes its shares are undervalued.

Zions Bancorporation, N.A. Profile

(Free Report)

Zions Bancorporation, N.A. is a bank holding company headquartered in Salt Lake City, Utah, offering a full suite of banking and financial services to individuals, businesses and institutions. Through its primary subsidiary, Zions Bank, the company provides commercial banking, retail banking and wealth management solutions designed to serve the needs of small businesses, middle‐market firms and high‐net‐worth clients. Its service portfolio includes deposit accounts, cash‐management tools, lending products, mortgage origination, treasury services and investment advisory services.

The company’s commercial banking segment delivers custom credit and treasury management services, including working capital lines of credit, equipment financing and international trade finance.

See Also

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Institutional Ownership by Quarter for Zions Bancorporation, N.A. (NASDAQ:ZION)

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