Peoples Financial Services (NASDAQ:PFIS) Sets New 52-Week High – Still a Buy?

Posted by Geri Gentry on May 22nd, 2026

Shares of Peoples Financial Services Corp. (NASDAQ:PFIS – Get Free Report) reached a new 52-week high on Friday . The company traded as high as $60.32 and last traded at $59.44, with a volume of 21751 shares changing hands. The stock had previously closed at $59.57.

Analysts Set New Price Targets

PFIS has been the subject of a number of recent analyst reports. Weiss Ratings raised Peoples Financial Services from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, February 27th. Hovde Group lifted their target price on Peoples Financial Services from $59.00 to $61.00 and gave the company a “market perform” rating in a report on Monday, May 4th. Finally, Stephens lifted their target price on Peoples Financial Services from $50.00 to $56.00 and gave the company an “equal weight” rating in a report on Wednesday, February 11th. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $58.50.

Get Our Latest Research Report on PFIS

Peoples Financial Services Stock Up 0.9%

The company has a debt-to-equity ratio of 0.43, a current ratio of 0.98 and a quick ratio of 0.97. The company has a market cap of $601.40 million, a PE ratio of 6.65 and a beta of 0.77. The company has a fifty day moving average price of $55.81 and a 200 day moving average price of $52.72.

Peoples Financial Services (NASDAQ:PFIS – Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The financial services provider reported $1.43 EPS for the quarter, missing the consensus estimate of $1.54 by ($0.11). Peoples Financial Services had a return on equity of 18.06% and a net margin of 21.29%.The business had revenue of $92.63 million for the quarter, compared to analysts’ expectations of $49.95 million.

Peoples Financial Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be issued a dividend of $0.625 per share. The ex-dividend date of this dividend is Friday, May 29th. This represents a $2.50 annualized dividend and a dividend yield of 4.2%. Peoples Financial Services’s payout ratio is presently 27.69%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Dimensional Fund Advisors LP grew its holdings in shares of Peoples Financial Services by 5.9% during the first quarter. Dimensional Fund Advisors LP now owns 316,621 shares of the financial services provider’s stock worth $16,886,000 after purchasing an additional 17,655 shares in the last quarter. Bridgeway Capital Management LLC grew its holdings in shares of Peoples Financial Services by 7.1% during the fourth quarter. Bridgeway Capital Management LLC now owns 73,794 shares of the financial services provider’s stock worth $3,595,000 after purchasing an additional 4,867 shares in the last quarter. Empowered Funds LLC lifted its position in Peoples Financial Services by 9.7% in the 1st quarter. Empowered Funds LLC now owns 55,811 shares of the financial services provider’s stock worth $2,976,000 after buying an additional 4,917 shares during the last quarter. Alliance Wealth Advisors LLC lifted its position in Peoples Financial Services by 19.0% in the 4th quarter. Alliance Wealth Advisors LLC now owns 44,797 shares of the financial services provider’s stock worth $2,182,000 after buying an additional 7,159 shares during the last quarter. Finally, Wells Fargo & Company MN lifted its position in Peoples Financial Services by 13.9% in the 4th quarter. Wells Fargo & Company MN now owns 36,613 shares of the financial services provider’s stock worth $1,783,000 after buying an additional 4,460 shares during the last quarter. Hedge funds and other institutional investors own 31.67% of the company’s stock.

About Peoples Financial Services

(Get Free Report)

Peoples Financial Services Corporation is the bank holding company for PeoplesBank, a community-focused commercial bank headquartered in Holyoke, Massachusetts. Through its wholly owned subsidiary, PeoplesBank, PFIS offers a full suite of banking services to individuals, small businesses, and commercial clients. These services include deposit accounts, consumer and residential mortgage lending, commercial and industrial lending, and treasury management solutions.

Founded in 1842, PeoplesBank has grown organically and through selective acquisitions to become a prominent community bank in Western Massachusetts and Northern Connecticut.