Legato Capital Management LLC Purchases New Position in Bankwell Financial Group, Inc. $BWFG

Posted by Geri Gentry on May 28th, 2026

Legato Capital Management LLC acquired a new position in shares of Bankwell Financial Group, Inc. (NASDAQ:BWFG – Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 9,669 shares of the bank’s stock, valued at approximately $443,000. Legato Capital Management LLC owned 0.12% of Bankwell Financial Group as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of BWFG. Vanguard Group Inc. raised its stake in Bankwell Financial Group by 3.9% in the third quarter. Vanguard Group Inc. now owns 366,963 shares of the bank’s stock worth $16,238,000 after buying an additional 13,823 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in Bankwell Financial Group by 3.6% in the third quarter. Dimensional Fund Advisors LP now owns 313,194 shares of the bank’s stock worth $13,860,000 after buying an additional 10,891 shares in the last quarter. Geode Capital Management LLC raised its stake in Bankwell Financial Group by 5.4% in the second quarter. Geode Capital Management LLC now owns 159,384 shares of the bank’s stock worth $5,744,000 after buying an additional 8,178 shares in the last quarter. Siena Capital Partners GP LLC raised its stake in Bankwell Financial Group by 5.3% in the third quarter. Siena Capital Partners GP LLC now owns 116,138 shares of the bank’s stock worth $5,139,000 after buying an additional 5,800 shares in the last quarter. Finally, GM Advisory Group LLC raised its stake in Bankwell Financial Group by 0.5% in the third quarter. GM Advisory Group LLC now owns 105,587 shares of the bank’s stock worth $4,672,000 after buying an additional 521 shares in the last quarter. 35.80% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Bankwell Financial Group news, Director Eric J. Dale bought 612 shares of the firm’s stock in a transaction on Friday, March 6th. The shares were acquired at an average cost of $46.00 per share, with a total value of $28,152.00. Following the purchase, the director directly owned 41,908 shares of the company’s stock, valued at $1,927,768. This trade represents a 1.48% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Christine Chivily sold 4,321 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $52.16, for a total transaction of $225,383.36. Following the sale, the executive vice president owned 11,865 shares of the company’s stock, valued at $618,878.40. This represents a 26.70% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have acquired 27,316 shares of company stock valued at $1,285,097 in the last ninety days. 20.98% of the stock is currently owned by corporate insiders.

Bankwell Financial Group Price Performance

NASDAQ:BWFG opened at $52.68 on Thursday. Bankwell Financial Group, Inc. has a one year low of $33.85 and a one year high of $53.86. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.05 and a current ratio of 1.05. The firm has a market cap of $419.86 million, a price-to-earnings ratio of 10.58 and a beta of 0.63. The firm’s fifty day moving average is $50.65 and its two-hundred day moving average is $48.50.

Bankwell Financial Group (NASDAQ:BWFG – Get Free Report) last posted its earnings results on Wednesday, April 22nd. The bank reported $1.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.23 by $0.18. Bankwell Financial Group had a net margin of 18.71% and a return on equity of 13.31%. The business had revenue of $30.23 million for the quarter, compared to analyst estimates of $30.47 million. Research analysts expect that Bankwell Financial Group, Inc. will post 5.35 EPS for the current year.

Bankwell Financial Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 19th. Shareholders of record on Friday, May 8th were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend was Friday, May 8th. Bankwell Financial Group’s dividend payout ratio (DPR) is 16.06%.

Wall Street Analyst Weigh In

BWFG has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods upped their price target on Bankwell Financial Group from $53.00 to $55.00 and gave the stock an “outperform” rating in a research report on Monday, February 2nd. Wall Street Zen downgraded Bankwell Financial Group from a “buy” rating to a “hold” rating in a research report on Sunday, May 3rd. Weiss Ratings raised Bankwell Financial Group from a “buy (b)” rating to a “buy (b+)” rating in a research report on Monday, May 11th. Finally, Hovde Group upped their price target on Bankwell Financial Group from $48.00 to $49.00 and gave the stock a “market perform” rating in a research report on Monday, February 2nd. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, Bankwell Financial Group currently has a consensus rating of “Moderate Buy” and an average price target of $52.00.

View Our Latest Stock Analysis on Bankwell Financial Group

Bankwell Financial Group Company Profile

(Free Report)

Bankwell Financial Group, Inc is a bank holding company headquartered in New Canaan, Connecticut, and serves as the parent company of Bankwell Bank. Bankwell Bank provides commercial, business and personal banking services, with branch locations primarily across Fairfield and New Haven counties in Connecticut, along with a New York presence.

The company’s deposit offerings include checking, savings and money market accounts, as well as certificates of deposit, all supported by an online and mobile banking platform for convenient account access.