NBT Bancorp (NASDAQ:NBTB) Reaches New 12-Month High – What’s Next?

Posted by Francis Steltz on Jun 13th, 2026

NBT Bancorp Inc. (NASDAQ:NBTB – Get Free Report) shares reached a new 52-week high on Thursday . The stock traded as high as $47.88 and last traded at $47.47, with a volume of 245197 shares traded. The stock had previously closed at $47.21.

Analysts Set New Price Targets

Several research analysts have weighed in on NBTB shares. Hovde Group decreased their price target on shares of NBT Bancorp from $47.00 to $46.50 and set a “market perform” rating on the stock in a research report on Monday, April 27th. Brean Capital downgraded shares of NBT Bancorp from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 20th. Piper Sandler started coverage on shares of NBT Bancorp in a research report on Monday, March 16th. They issued an “overweight” rating and a $50.00 price target on the stock. DA Davidson reiterated a “buy” rating and issued a $52.00 price target on shares of NBT Bancorp in a research report on Monday, April 27th. Finally, Janney Montgomery Scott downgraded shares of NBT Bancorp from a “buy” rating to a “neutral” rating in a research report on Monday, February 23rd. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $49.50.

Check Out Our Latest Stock Report on NBT Bancorp

NBT Bancorp Stock Up 1.1%

The company has a market capitalization of $2.51 billion, a PE ratio of 13.73 and a beta of 0.49. The company’s 50 day moving average is $45.27 and its two-hundred day moving average is $43.90. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 0.09.

NBT Bancorp (NASDAQ:NBTB – Get Free Report) last posted its earnings results on Thursday, April 23rd. The bank reported $0.97 earnings per share for the quarter, missing the consensus estimate of $0.98 by ($0.01). NBT Bancorp had a net margin of 19.59% and a return on equity of 11.06%. The company had revenue of $184.48 million for the quarter, compared to analysts’ expectations of $185.36 million. On average, analysts anticipate that NBT Bancorp Inc. will post 4.15 earnings per share for the current year.

NBT Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend is Monday, June 1st. NBT Bancorp’s dividend payout ratio (DPR) is presently 42.17%.

Insiders Place Their Bets

In other NBT Bancorp news, Director Heidi M. Hoeller sold 2,100 shares of NBT Bancorp stock in a transaction on Friday, June 12th. The shares were sold at an average price of $48.03, for a total value of $100,863.00. Following the completion of the transaction, the director directly owned 11,560 shares of the company’s stock, valued at $555,226.80. This trade represents a 15.37% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Ruth H. Mahoney sold 5,000 shares of NBT Bancorp stock in a transaction on Friday, June 5th. The stock was sold at an average price of $46.60, for a total transaction of $233,000.00. Following the completion of the transaction, the executive vice president directly owned 16,428 shares of the company’s stock, valued at $765,544.80. The trade was a 23.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 2.99% of the company’s stock.

Hedge Funds Weigh In On NBT Bancorp

A number of institutional investors and hedge funds have recently made changes to their positions in NBTB. Royal Bank of Canada grew its stake in shares of NBT Bancorp by 22.3% in the 1st quarter. Royal Bank of Canada now owns 40,303 shares of the bank’s stock worth $1,729,000 after buying an additional 7,349 shares in the last quarter. AQR Capital Management LLC grew its stake in shares of NBT Bancorp by 45.0% in the 1st quarter. AQR Capital Management LLC now owns 13,630 shares of the bank’s stock worth $585,000 after buying an additional 4,231 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of NBT Bancorp by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 27,388 shares of the bank’s stock worth $1,175,000 after buying an additional 1,197 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of NBT Bancorp by 15.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 165,550 shares of the bank’s stock worth $7,102,000 after buying an additional 22,655 shares in the last quarter. Finally, Jane Street Group LLC grew its stake in shares of NBT Bancorp by 1,188.4% in the 1st quarter. Jane Street Group LLC now owns 88,284 shares of the bank’s stock worth $3,787,000 after buying an additional 81,432 shares in the last quarter. 58.46% of the stock is owned by hedge funds and other institutional investors.

NBT Bancorp Company Profile

(Get Free Report)

NBT Bancorp, Inc (NASDAQ: NBTB) is the bank holding company for NBT Bank, N.A., a full-service commercial bank that serves both individual and corporate clients across the Northeastern United States. Through its branch network and digital channels, the company offers a comprehensive range of commercial banking services, including business lending, treasury management, cash management and specialized industry financing. Its consumer banking platform provides checking and savings accounts, certificates of deposit, home mortgages, home equity lines of credit and other lending solutions tailored to meet personal and household financial needs.

In addition to traditional banking, NBT Bancorp delivers wealth management and fiduciary services through its trust division, offering investment advisory, trust administration, retirement planning and estate settlement.