State of Alaska Department of Revenue reduced its position in shares of Atlantic Union Bankshares Co. (NYSE:AUB – Free Report) by 44.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,623 shares of the company’s stock after selling 23,380 shares during the period. State of Alaska Department of Revenue’s holdings in Atlantic Union Bankshares were worth $1,123,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in AUB. Bank of America Corp DE increased its stake in shares of Atlantic Union Bankshares by 53.4% in the 1st quarter. Bank of America Corp DE now owns 886,978 shares of the company’s stock valued at $31,701,000 after purchasing an additional 308,934 shares during the last quarter. Hsbc Holdings PLC lifted its position in shares of Atlantic Union Bankshares by 1,292.0% during the 4th quarter. Hsbc Holdings PLC now owns 106,335 shares of the company’s stock worth $3,752,000 after buying an additional 98,696 shares during the last quarter. Susquehanna Fundamental Investments LLC lifted its position in shares of Atlantic Union Bankshares by 286.2% during the 2nd quarter. Susquehanna Fundamental Investments LLC now owns 149,189 shares of the company’s stock worth $6,312,000 after buying an additional 110,560 shares during the last quarter. Principal Financial Group Inc. boosted its stake in Atlantic Union Bankshares by 40.1% in the first quarter. Principal Financial Group Inc. now owns 951,373 shares of the company’s stock valued at $34,002,000 after buying an additional 272,119 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in Atlantic Union Bankshares by 1.4% in the first quarter. Dimensional Fund Advisors LP now owns 7,635,464 shares of the company’s stock valued at $272,883,000 after buying an additional 102,821 shares in the last quarter. 78.58% of the stock is currently owned by institutional investors.
More Atlantic Union Bankshares News
Here are the key news stories impacting Atlantic Union Bankshares this week:
- Positive Sentiment: Quarterly earnings increased. Atlantic Union reported third-quarter 2026 adjusted earnings of $0.96 per share, matching consensus and rising from $0.84 a year earlier. Net income reached approximately $136.6 million. Atlantic Union Bankshares Q3 Income Rises
- Positive Sentiment: Revenue grew year over year. Third-quarter revenue increased 3.3% to $387.9 million, while profitability remained solid with a 21.97% net margin and 10.55% return on equity. Atlantic Union Bankshares’ Q3 Adjusted Earnings, Revenue Increase
- Positive Sentiment: Share repurchases are expected to continue. Management indicated that Atlantic Union plans to continue its buyback program through May 2027, supporting per-share results and signaling confidence in the company’s capital position. Atlantic Union forecasts 2026 FTE NIM and continues buybacks
- Neutral Sentiment: Earnings met expectations, but did not provide a major upside surprise. The $0.96 EPS result was in line with analyst forecasts, reducing the likelihood of a sharp positive reaction based solely on the headline earnings figure. Atlantic Union Q3 Earnings Match Estimates
- Negative Sentiment: Revenue fell short of analyst estimates. Reported revenue of $387.9 million was below the $392.72 million consensus forecast, indicating somewhat weaker top-line performance than expected. Atlantic Union Bankshares Reports Third-Quarter Results
- Negative Sentiment: Net interest margin guidance remains cautious. Management expects 2026 full-year FTE net interest margin near the low end of its 3.90%-3.95% range, suggesting continued pressure on a key banking profitability measure. Atlantic Union forecasts 2026 FTE NIM
Analysts Set New Price Targets
Several brokerages have commented on AUB. TD Cowen lowered their target price on Atlantic Union Bankshares from $48.00 to $44.00 and set a “buy” rating for the company in a research note on Monday, October 5th. Weiss Ratings upgraded shares of Atlantic Union Bankshares from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, October 8th. Morgan Stanley raised their price target on shares of Atlantic Union Bankshares from $49.00 to $50.00 and gave the company an “equal weight” rating in a research note on Monday, September 28th. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $47.00 price target on shares of Atlantic Union Bankshares in a report on Wednesday, July 22nd. Four equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $46.40.
Get Our Latest Analysis on AUB
Atlantic Union Bankshares Stock Up 1.2%
Shares of AUB opened at $38.22 on Wednesday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.93 and a current ratio of 0.93. Atlantic Union Bankshares Co. has a 52 week low of $30.87 and a 52 week high of $43.62. The stock has a market capitalization of $5.46 billion, a price-to-earnings ratio of 11.41 and a beta of 0.80. The stock has a fifty day moving average of $39.58 and a 200-day moving average of $39.55.
Atlantic Union Bankshares (NYSE:AUB – Get Free Report) last issued its quarterly earnings data on Tuesday, October 20th. The company reported $0.96 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.96. The business had revenue of $387.90 million for the quarter, compared to analyst estimates of $392.72 million. Atlantic Union Bankshares had a return on equity of 10.55% and a net margin of 21.97%. Atlantic Union Bankshares’s quarterly revenue was up 3.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.84 EPS. As a group, sell-side analysts anticipate that Atlantic Union Bankshares Co. will post 3.76 earnings per share for the current fiscal year.
Atlantic Union Bankshares Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, August 21st. Stockholders of record on Friday, August 7th were issued a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 3.9%. The ex-dividend date was Friday, August 7th. Atlantic Union Bankshares’s payout ratio is 44.18%.
Atlantic Union Bankshares Company Profile
Atlantic Union Bankshares Corporation (NYSE:AUB) is a financial services holding company headquartered in Richmond, Virginia. Its principal subsidiary, Atlantic Union Bank, provides banking and related financial services to individuals, businesses, institutions and government entities.
The company offers consumer and commercial deposit accounts, residential and commercial real estate lending, business loans, personal loans, treasury and cash management services, mortgage banking, investment and wealth management, and other financial solutions.
See Also
- Five stocks we like better than Atlantic Union Bankshares
- Aurora Rejects Curaleaf’s Higher Bid, But the Takeover Fight Isn’t Over
- Centrus Energy Is Building a Nuclear Fuel Powerhouse—Why Is Its Stock Struggling?
- Halliburton Gains Traction: Multiyear Upcycle Ahead
- Meta Platforms’ AI Comeback Faces an Earnings Test—And a $10 Billion Charge
Receive News & Ratings for Atlantic Union Bankshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atlantic Union Bankshares and related companies with MarketBeat.com's FREE daily email newsletter.
