First Eagle Investment Management LLC Raises Holdings in Old National Bancorp $ONB

Posted by Brenda Bartman on May 13th, 2026

First Eagle Investment Management LLC boosted its stake in shares of Old National Bancorp (NASDAQ:ONB – Free Report) by 6.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 611,798 shares of the bank’s stock after acquiring an additional 35,000 shares during the quarter. First Eagle Investment Management LLC’s holdings in Old National Bancorp were worth $13,649,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of ONB. Royal Bank of Canada boosted its holdings in Old National Bancorp by 2.0% during the 1st quarter. Royal Bank of Canada now owns 214,065 shares of the bank’s stock valued at $4,536,000 after acquiring an additional 4,153 shares during the period. Jones Financial Companies Lllp boosted its holdings in Old National Bancorp by 87.8% during the 1st quarter. Jones Financial Companies Lllp now owns 12,696 shares of the bank’s stock valued at $269,000 after acquiring an additional 5,936 shares during the period. Goldman Sachs Group Inc. boosted its holdings in Old National Bancorp by 8.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,843,946 shares of the bank’s stock valued at $60,263,000 after acquiring an additional 215,203 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Old National Bancorp by 7.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 913,117 shares of the bank’s stock valued at $19,349,000 after acquiring an additional 64,110 shares during the period. Finally, Russell Investments Group Ltd. boosted its holdings in Old National Bancorp by 6.1% during the 2nd quarter. Russell Investments Group Ltd. now owns 53,853 shares of the bank’s stock valued at $1,149,000 after acquiring an additional 3,091 shares during the period. 83.66% of the stock is currently owned by hedge funds and other institutional investors.

Old National Bancorp Stock Performance

Shares of ONB opened at $24.15 on Wednesday. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.94 and a quick ratio of 0.93. Old National Bancorp has a one year low of $19.39 and a one year high of $26.17. The company has a 50-day simple moving average of $22.87 and a two-hundred day simple moving average of $22.81. The firm has a market capitalization of $9.33 billion, a PE ratio of 12.45 and a beta of 0.85.

Old National Bancorp (NASDAQ:ONB – Get Free Report) last posted its quarterly earnings data on Wednesday, April 22nd. The bank reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.01. Old National Bancorp had a return on equity of 11.23% and a net margin of 18.90%.The business had revenue of $702.70 million for the quarter, compared to analysts’ expectations of $706.62 million. During the same period in the previous year, the firm posted $0.45 EPS. The business’s revenue was up 44.4% on a year-over-year basis. On average, analysts anticipate that Old National Bancorp will post 2.58 EPS for the current fiscal year.

Old National Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Saturday, May 16th. Investors of record on Tuesday, May 5th will be given a dividend of $0.145 per share. The ex-dividend date is Tuesday, May 5th. This represents a $0.58 annualized dividend and a dividend yield of 2.4%. Old National Bancorp’s payout ratio is currently 29.90%.

Wall Street Analyst Weigh In

ONB has been the subject of several analyst reports. TD Cowen upgraded Old National Bancorp from a “hold” rating to a “buy” rating and increased their target price for the company from $27.00 to $30.00 in a report on Thursday, January 22nd. UBS Group reiterated a “neutral” rating and issued a $26.00 price objective on shares of Old National Bancorp in a report on Wednesday, February 4th. Barclays increased their price objective on Old National Bancorp from $29.00 to $30.00 and gave the stock an “overweight” rating in a report on Tuesday, April 7th. National Bank Financial set a $30.00 price objective on Old National Bancorp in a report on Thursday, January 22nd. Finally, Citigroup increased their price objective on Old National Bancorp from $28.00 to $29.00 and gave the stock a “buy” rating in a report on Tuesday, February 24th. Eight research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, Old National Bancorp has an average rating of “Moderate Buy” and a consensus target price of $27.91.

Read Our Latest Report on Old National Bancorp

About Old National Bancorp

(Free Report)

Old National Bancorp (NASDAQ: ONB) is the bank holding company for Old National Bank, a regional financial services firm headquartered in Evansville, Indiana. Through its network of community banking offices, the company provides a full range of commercial and consumer banking services. Its offerings include checking and savings accounts, personal and business loans, and deposit products designed to meet the needs of individuals, small businesses, and larger corporate customers.

In addition to traditional banking, Old National Bancorp delivers specialty financial services such as treasury management, wealth management, mortgage loan production, and insurance solutions.