Royce & Associates LP Raises Stake in German American Bancorp, Inc. $GABC

Posted by Brian Himes on May 27th, 2026

Royce & Associates LP raised its position in shares of German American Bancorp, Inc. (NASDAQ:GABC – Free Report) by 4.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 507,632 shares of the bank’s stock after purchasing an additional 19,345 shares during the period. Royce & Associates LP’s holdings in German American Bancorp were worth $19,889,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in GABC. Deprince Race & Zollo Inc. lifted its holdings in shares of German American Bancorp by 25.5% in the fourth quarter. Deprince Race & Zollo Inc. now owns 202,901 shares of the bank’s stock worth $7,950,000 after buying an additional 41,247 shares in the last quarter. SG Americas Securities LLC purchased a new position in shares of German American Bancorp in the fourth quarter worth $4,983,000. Aptus Capital Advisors LLC lifted its holdings in shares of German American Bancorp by 15.2% in the third quarter. Aptus Capital Advisors LLC now owns 268,421 shares of the bank’s stock worth $10,541,000 after buying an additional 35,446 shares in the last quarter. MQS Management LLC purchased a new position in shares of German American Bancorp in the third quarter worth $484,000. Finally, OLD National Bancorp IN purchased a new position in shares of German American Bancorp in the fourth quarter worth $243,000. Hedge funds and other institutional investors own 46.90% of the company’s stock.

German American Bancorp Trading Up 1.3%

Shares of GABC opened at $43.85 on Wednesday. The company’s fifty day moving average is $42.67 and its 200 day moving average is $41.43. German American Bancorp, Inc. has a fifty-two week low of $36.55 and a fifty-two week high of $45.00. The stock has a market capitalization of $1.65 billion, a PE ratio of 12.15 and a beta of 0.60. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.86 and a current ratio of 0.86.

German American Bancorp (NASDAQ:GABC – Get Free Report) last announced its quarterly earnings results on Monday, April 27th. The bank reported $0.88 earnings per share for the quarter, missing the consensus estimate of $0.90 by ($0.02). German American Bancorp had a return on equity of 11.98% and a net margin of 27.09%.The business had revenue of $97.43 million during the quarter, compared to the consensus estimate of $95.84 million. Sell-side analysts expect that German American Bancorp, Inc. will post 3.71 earnings per share for the current fiscal year.

German American Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, May 20th. Shareholders of record on Sunday, May 10th were given a dividend of $0.31 per share. The ex-dividend date was Friday, May 8th. This represents a $1.24 dividend on an annualized basis and a yield of 2.8%. German American Bancorp’s payout ratio is 34.35%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on GABC shares. Wall Street Zen raised shares of German American Bancorp from a “sell” rating to a “hold” rating in a report on Sunday, May 17th. Stephens boosted their target price on shares of German American Bancorp from $47.00 to $49.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. Keefe, Bruyette & Woods boosted their target price on shares of German American Bancorp from $46.00 to $47.00 and gave the stock a “market perform” rating in a report on Wednesday, April 29th. Finally, Piper Sandler raised shares of German American Bancorp from a “neutral” rating to an “overweight” rating and set a $47.00 target price on the stock in a report on Friday, March 20th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, German American Bancorp presently has a consensus rating of “Moderate Buy” and an average target price of $47.67.

View Our Latest Analysis on German American Bancorp

German American Bancorp Company Profile

(Free Report)

German American Bancorp, Inc operates as a bank holding company headquartered in Jasper, Indiana. Through its principal subsidiary, German American Bank, it delivers a range of community banking services tailored to individuals, small-to-medium enterprises and agricultural clients. The company’s core offerings include traditional deposit accounts—such as checking, savings and certificates of deposit—alongside residential mortgage and home equity lending products.

On the commercial side, German American Bancorp provides a variety of financing solutions, including term loans, lines of credit and commercial real estate financing.