Nicolet Bankshares Inc. $NIC Shares Bought by KLCM Advisors Inc.

Posted by Geri Gentry on May 12th, 2026

KLCM Advisors Inc. grew its stake in shares of Nicolet Bankshares Inc. (NYSE:NIC – Free Report) by 266.7% during the fourth quarter, HoldingsChannel reports. The firm owned 5,500 shares of the company’s stock after buying an additional 4,000 shares during the period. KLCM Advisors Inc.’s holdings in Nicolet Bankshares were worth $667,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. EverSource Wealth Advisors LLC increased its position in shares of Nicolet Bankshares by 3,940.0% during the second quarter. EverSource Wealth Advisors LLC now owns 202 shares of the company’s stock worth $25,000 after acquiring an additional 197 shares during the last quarter. Jones Financial Companies Lllp purchased a new stake in shares of Nicolet Bankshares during the third quarter worth about $43,000. Parkside Financial Bank & Trust increased its position in shares of Nicolet Bankshares by 45.1% during the third quarter. Parkside Financial Bank & Trust now owns 589 shares of the company’s stock worth $79,000 after acquiring an additional 183 shares during the last quarter. State of Alaska Department of Revenue purchased a new stake in shares of Nicolet Bankshares during the third quarter worth about $80,000. Finally, Raymond James Financial Inc. purchased a new stake in shares of Nicolet Bankshares during the second quarter worth about $133,000. Institutional investors and hedge funds own 43.06% of the company’s stock.

Insider Transactions at Nicolet Bankshares

In other Nicolet Bankshares news, Director Robert Bruce Atwell sold 6,396 shares of the stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $155.47, for a total transaction of $994,386.12. Following the completion of the transaction, the director directly owned 34,054 shares of the company’s stock, valued at approximately $5,294,375.38. This trade represents a 15.81% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Over the last three months, insiders sold 13,036 shares of company stock worth $1,992,022. Company insiders own 7.20% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on NIC shares. Zacks Research lowered Nicolet Bankshares from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 20th. Maxim Group lifted their target price on Nicolet Bankshares from $161.00 to $173.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Keefe, Bruyette & Woods lifted their target price on Nicolet Bankshares from $165.00 to $170.00 and gave the stock an “outperform” rating in a research report on Thursday, January 22nd. Hovde Group dropped their target price on Nicolet Bankshares from $190.00 to $180.00 and set an “outperform” rating on the stock in a research report on Thursday, April 23rd. Finally, Weiss Ratings raised Nicolet Bankshares from a “buy (b)” rating to a “buy (b+)” rating in a report on Monday, May 4th. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $176.50.

Check Out Our Latest Stock Report on NIC

Nicolet Bankshares Stock Down 2.1%

NYSE:NIC opened at $143.93 on Tuesday. The firm has a market capitalization of $3.06 billion, a PE ratio of 16.87 and a beta of 0.70. The stock has a 50 day moving average of $149.44 and a 200-day moving average of $138.78. Nicolet Bankshares Inc. has a 52 week low of $114.11 and a 52 week high of $163.11. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.08.

Nicolet Bankshares (NYSE:NIC – Get Free Report) last posted its earnings results on Tuesday, April 21st. The company reported $2.75 EPS for the quarter, missing the consensus estimate of $2.98 by ($0.23). The company had revenue of $134.85 million for the quarter, compared to the consensus estimate of $129.74 million. Nicolet Bankshares had a net margin of 21.89% and a return on equity of 11.48%. Analysts predict that Nicolet Bankshares Inc. will post 11.75 EPS for the current year.

Nicolet Bankshares Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be paid a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Monday, June 1st. This is an increase from Nicolet Bankshares’s previous quarterly dividend of $0.32. Nicolet Bankshares’s dividend payout ratio is 16.88%.

Nicolet Bankshares Profile

(Free Report)

Nicolet Bankshares, Inc is a bank holding company headquartered in Green Bay, Wisconsin. Through its subsidiary, Nicolet National Bank, it provides a range of commercial and consumer banking services to businesses, individuals and nonprofit organizations across northeastern Wisconsin and the Upper Peninsula of Michigan. The company’s branch network, digital banking platform and commercial lending centers support its focus on community banking and regional growth.

The company offers deposit products such as checking, savings and money market accounts, alongside consumer and commercial lending solutions.

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Institutional Ownership by Quarter for Nicolet Bankshares (NYSE:NIC)

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