Peregrine Capital Management LLC Lowers Holdings in Atlantic Union Bankshares Co. $AUB

Posted by Brian Himes on Jul 2nd, 2026

Peregrine Capital Management LLC reduced its position in Atlantic Union Bankshares Co. (NASDAQ:AUB – Free Report) by 8.8% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 151,340 shares of the company’s stock after selling 14,643 shares during the quarter. Peregrine Capital Management LLC’s holdings in Atlantic Union Bankshares were worth $5,409,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. T. Rowe Price Investment Management Inc. acquired a new stake in shares of Atlantic Union Bankshares in the 4th quarter worth $87,022,000. SG Americas Securities LLC boosted its holdings in shares of Atlantic Union Bankshares by 6,808.0% in the fourth quarter. SG Americas Securities LLC now owns 1,532,473 shares of the company’s stock valued at $54,096,000 after acquiring an additional 1,510,289 shares in the last quarter. State Street Corp increased its stake in shares of Atlantic Union Bankshares by 24.5% during the second quarter. State Street Corp now owns 7,400,456 shares of the company’s stock worth $231,486,000 after acquiring an additional 1,457,647 shares during the period. North Reef Capital Management LP increased its stake in shares of Atlantic Union Bankshares by 35.0% during the third quarter. North Reef Capital Management LP now owns 3,713,604 shares of the company’s stock worth $131,053,000 after acquiring an additional 963,604 shares during the period. Finally, Aristotle Capital Boston LLC purchased a new position in Atlantic Union Bankshares during the fourth quarter worth about $22,169,000. 78.58% of the stock is owned by institutional investors and hedge funds.

Atlantic Union Bankshares Stock Up 2.2%

Shares of NASDAQ AUB opened at $43.23 on Thursday. The stock has a market capitalization of $6.19 billion, a price-to-earnings ratio of 18.88 and a beta of 0.80. Atlantic Union Bankshares Co. has a 52 week low of $30.39 and a 52 week high of $43.62. The firm has a 50-day moving average price of $38.43 and a 200 day moving average price of $37.80. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.13.

Atlantic Union Bankshares (NASDAQ:AUB – Get Free Report) last released its quarterly earnings results on Tuesday, April 21st. The company reported $0.89 earnings per share for the quarter, missing analysts’ consensus estimates of $0.92 by ($0.03). Atlantic Union Bankshares had a return on equity of 8.50% and a net margin of 15.53%.The firm had revenue of $371.71 million during the quarter, compared to analyst estimates of $391.24 million. During the same quarter in the prior year, the company earned $0.90 EPS. Equities research analysts anticipate that Atlantic Union Bankshares Co. will post 3.26 EPS for the current fiscal year.

Atlantic Union Bankshares Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Friday, May 22nd were given a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date was Friday, May 22nd. Atlantic Union Bankshares’s payout ratio is presently 62.71%.

Analyst Upgrades and Downgrades

AUB has been the subject of a number of recent analyst reports. Piper Sandler raised their price objective on shares of Atlantic Union Bankshares from $45.00 to $46.00 and gave the company an “overweight” rating in a research report on Thursday, June 11th. Morgan Stanley boosted their target price on Atlantic Union Bankshares from $42.00 to $45.00 and gave the stock an “equal weight” rating in a research report on Monday. TD Cowen increased their target price on Atlantic Union Bankshares from $44.00 to $45.00 and gave the stock a “buy” rating in a research note on Tuesday, May 12th. Stephens reissued an “overweight” rating and issued a $46.00 price target on shares of Atlantic Union Bankshares in a report on Thursday, June 11th. Finally, Zacks Research downgraded Atlantic Union Bankshares from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 31st. Four research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $43.62.

Read Our Latest Research Report on AUB

Insiders Place Their Bets

In other news, Director Nancy H. Agee bought 650 shares of the stock in a transaction on Monday, April 20th. The shares were bought at an average price of $39.05 per share, with a total value of $25,382.50. Following the completion of the acquisition, the director owned 37,797 shares of the company’s stock, valued at approximately $1,475,972.85. This trade represents a 1.75% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.96% of the company’s stock.

About Atlantic Union Bankshares

(Free Report)

Atlantic Union Bankshares, Inc is a bank holding company headquartered in Richmond, Virginia, operating through its principal subsidiary Atlantic Union Bank. The company offers a full suite of commercial and consumer banking services to individuals, businesses and institutions across Virginia, Maryland, North Carolina and the District of Columbia. Leveraging a network of full-service branches, commercial lending offices and digital platforms, Atlantic Union Bankshares focuses on relationship-driven solutions tailored to its regional client base.

Atlantic Union’s product lineup includes traditional deposit accounts, such as checking, savings and money market accounts, along with certificates of deposit.