Summit Global Investments Buys Shares of 24,535 BankUnited, Inc. $BKU

Summit Global Investments bought a new position in BankUnited, Inc. (NYSE:BKU) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 24,535 shares of the financial services provider’s stock, valued at approximately $1,189,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Hantz Financial Services Inc. boosted its holdings in shares of BankUnited by 21.0% in the fourth quarter. Hantz Financial Services Inc. now owns 1,472 shares of the financial services provider’s stock valued at $66,000 after buying an additional 255 shares during the period. Covestor Ltd raised its holdings in shares of BankUnited by 20.9% during the fourth quarter. Covestor Ltd now owns 1,673 shares of the financial services provider’s stock worth $75,000 after acquiring an additional 289 shares during the period. Oregon Public Employees Retirement Fund raised its holdings in shares of BankUnited by 1.8% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 17,213 shares of the financial services provider’s stock worth $767,000 after acquiring an additional 300 shares during the period. Smartleaf Asset Management LLC lifted its position in BankUnited by 24.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,810 shares of the financial services provider’s stock valued at $81,000 after acquiring an additional 358 shares in the last quarter. Finally, Mackenzie Financial Corp lifted its position in BankUnited by 2.4% in the 3rd quarter. Mackenzie Financial Corp now owns 19,550 shares of the financial services provider’s stock valued at $746,000 after acquiring an additional 455 shares in the last quarter. 99.70% of the stock is owned by institutional investors.

BankUnited News Roundup

Here are the key news stories impacting BankUnited this week:

• Positive Sentiment: Zacks raised its Q2 2028 EPS forecast to $1.38 from $1.36. Although the increase was limited, it indicates that analysts still see potential for earnings growth beyond the current year.
• Positive Sentiment: BankUnited continues to pay a quarterly dividend of $0.33 per share, or $1.32 annually, representing a yield of approximately 2.8%. The payout ratio of 36.16% suggests the dividend remains reasonably supported by earnings.
• Neutral Sentiment: Zacks maintained a “Hold” rating. Its revised projections call for $4.53 in FY2027 EPS and $5.33 in FY2028 EPS, above the current-year consensus estimate of $4.09, but the forecasts were lowered from $4.68 and $5.69, respectively.
• Neutral Sentiment: Institutional investors own approximately 99.7% of BankUnited’s shares. Recent purchases by several investment firms may provide a degree of support, although such ownership can also contribute to volatility if institutions adjust their positions.
• Negative Sentiment: Zacks cut its FY2026 EPS estimate to $4.02 from $4.28, below the $4.09 consensus. The firm also reduced forecasts for Q3 2026 EPS to $1.07 from $1.15 and Q4 2026 EPS to $1.17 from $1.30, signaling weaker near-term earnings expectations.
• Negative Sentiment: Additional cuts affected Q1–Q4 2027 and Q1 2028 estimates, reinforcing concerns that profitability may be softer across multiple periods. The revisions follow BankUnited’s latest quarterly report, which showed EPS of $0.97 and revenue of $284.57 million, both slightly below analyst expectations.
• Negative Sentiment: Director Douglas J. Pauls sold 3,000 shares for approximately $143,700 at an average price of $47.90, reducing his direct stake by 6.6%. The sale is relatively small but may create modest investor caution. SEC Form 4 filing

Insiders Place Their Bets

In other BankUnited news, Director John N. Digiacomo sold 1,000 shares of the business’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $45.97, for a total transaction of $45,970.00. Following the transaction, the director owned 15,027 shares of the company’s stock, valued at $690,791.19. The trade was a 6.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Douglas J. Pauls sold 3,000 shares of the company’s stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $47.90, for a total value of $143,700.00. Following the completion of the sale, the director owned 42,472 shares in the company, valued at $2,034,408.80. This represents a 6.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 8,000 shares of company stock valued at $384,350 over the last 90 days. 1.00% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of equities analysts recently weighed in on BKU shares. Citigroup reduced their target price on shares of BankUnited from $45.00 to $42.00 and set a “sell” rating for the company in a research note on Friday, July 24th. Zacks Research lowered BankUnited from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 21st. Cantor Fitzgerald restated an “overweight” rating and issued a $56.00 price target on shares of BankUnited in a report on Wednesday, July 15th. Barclays reduced their price objective on BankUnited from $50.00 to $48.00 and set an “equal weight” rating for the company in a research report on Monday, August 3rd. Finally, Royal Bank Of Canada decreased their price objective on BankUnited from $53.00 to $50.00 and set a “sector perform” rating for the company in a report on Thursday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, five have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, BankUnited currently has an average rating of “Hold” and a consensus price target of $51.64.

BankUnited Stock Performance

Shares of BKU opened at $48.29 on Friday. The stock has a market capitalization of $3.44 billion, a price-to-earnings ratio of 13.23 and a beta of 1.18. BankUnited, Inc. has a 12 month low of $35.10 and a 12 month high of $52.11. The firm has a fifty day simple moving average of $47.85 and a 200 day simple moving average of $47.09. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.54.

BankUnited (NYSE:BKU) last issued its quarterly earnings results on Wednesday, July 22nd. The financial services provider reported $0.97 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.00 by ($0.03). BankUnited had a net margin of 14.76% and a return on equity of 9.13%. The business had revenue of $284.57 million during the quarter, compared to analyst estimates of $290.33 million. During the same quarter in the previous year, the firm posted $0.91 earnings per share. The firm’s quarterly revenue was up 3.9% on a year-over-year basis. Research analysts forecast that BankUnited, Inc. will post 4.01 EPS for the current fiscal year.

BankUnited Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Friday, July 10th were issued a dividend of $0.33 per share. The ex-dividend date was Friday, July 10th. This represents a $1.32 dividend on an annualized basis and a yield of 2.7%. BankUnited’s dividend payout ratio (DPR) is presently 36.16%.

About BankUnited

BankUnited, Inc is a bank holding company based in Miami Lakes, Florida, operating through its subsidiary BankUnited, National Association. The company provides a broad range of commercial banking products and services, including deposit accounts, commercial lending and treasury management. It serves middle-market and small-business clients, offering tailored financing solutions across a variety of industry sectors.

The bank’s lending portfolio includes commercial and industrial loans, commercial real estate loans and construction financing, as well as residential mortgage lending.