Washington Trust Bancorp, Inc. $WASH Shares Sold by SG Americas Securities LLC

Posted by George Bondi on Jul 3rd, 2026

SG Americas Securities LLC trimmed its position in Washington Trust Bancorp, Inc. (NASDAQ:WASH – Free Report) by 44.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 54,945 shares of the financial services provider’s stock after selling 43,478 shares during the quarter. SG Americas Securities LLC’s holdings in Washington Trust Bancorp were worth $1,838,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Franklin Resources Inc. boosted its holdings in Washington Trust Bancorp by 28.3% in the third quarter. Franklin Resources Inc. now owns 560,188 shares of the financial services provider’s stock worth $16,189,000 after purchasing an additional 123,734 shares during the period. Qube Research & Technologies Ltd increased its stake in Washington Trust Bancorp by 173.8% during the third quarter. Qube Research & Technologies Ltd now owns 88,373 shares of the financial services provider’s stock valued at $2,554,000 after purchasing an additional 56,102 shares during the last quarter. Drexel Morgan & Co. raised its holdings in shares of Washington Trust Bancorp by 19.9% during the fourth quarter. Drexel Morgan & Co. now owns 300,800 shares of the financial services provider’s stock worth $8,889,000 after purchasing an additional 50,000 shares during the period. Goldman Sachs Group Inc. raised its holdings in shares of Washington Trust Bancorp by 16.0% during the fourth quarter. Goldman Sachs Group Inc. now owns 267,595 shares of the financial services provider’s stock worth $7,907,000 after purchasing an additional 36,937 shares during the period. Finally, Teton Advisors LLC bought a new position in shares of Washington Trust Bancorp in the 3rd quarter worth about $962,000. 65.81% of the stock is owned by institutional investors and hedge funds.

Washington Trust Bancorp Stock Performance

WASH stock opened at $35.56 on Friday. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.98 and a current ratio of 0.99. The stock has a market capitalization of $678.13 million, a price-to-earnings ratio of 13.03, a PEG ratio of 0.88 and a beta of 0.72. Washington Trust Bancorp, Inc. has a 1 year low of $25.23 and a 1 year high of $37.08. The stock’s fifty day moving average is $33.24 and its two-hundred day moving average is $32.98.

Washington Trust Bancorp (NASDAQ:WASH – Get Free Report) last announced its quarterly earnings results on Monday, April 20th. The financial services provider reported $0.66 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.77 by ($0.11). Washington Trust Bancorp had a net margin of 13.71% and a return on equity of 9.79%. The firm had revenue of $57.83 million for the quarter, compared to analyst estimates of $58.24 million. On average, research analysts predict that Washington Trust Bancorp, Inc. will post 3.07 EPS for the current year.

Washington Trust Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 10th. Shareholders of record on Wednesday, July 1st will be paid a dividend of $0.56 per share. This represents a $2.24 dividend on an annualized basis and a yield of 6.3%. The ex-dividend date of this dividend is Wednesday, July 1st. Washington Trust Bancorp’s payout ratio is presently 82.05%.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on WASH. Weiss Ratings raised shares of Washington Trust Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, June 5th. Piper Sandler increased their price objective on shares of Washington Trust Bancorp from $32.00 to $35.00 and gave the stock a “neutral” rating in a research note on Friday, June 26th. Zacks Research cut shares of Washington Trust Bancorp from a “hold” rating to a “strong sell” rating in a report on Wednesday, May 6th. Finally, Wall Street Zen downgraded Washington Trust Bancorp from a “hold” rating to a “sell” rating in a research note on Saturday, June 27th. One investment analyst has rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Washington Trust Bancorp presently has an average rating of “Hold” and an average target price of $34.50.

View Our Latest Stock Analysis on Washington Trust Bancorp

Insider Activity

In other Washington Trust Bancorp news, CEO Edward O. Handy III purchased 3,195 shares of the business’s stock in a transaction dated Monday, April 27th. The shares were bought at an average price of $31.32 per share, with a total value of $100,067.40. Following the completion of the acquisition, the chief executive officer owned 51,442 shares in the company, valued at approximately $1,611,163.44. This represents a 6.62% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP James Cannon Brown acquired 32,000 shares of Washington Trust Bancorp stock in a transaction dated Thursday, April 23rd. The shares were acquired at an average price of $31.17 per share, with a total value of $997,440.00. Following the completion of the transaction, the executive vice president owned 37,280 shares of the company’s stock, valued at approximately $1,162,017.60. This trade represents a 606.06% increase in their position. The SEC filing for this purchase provides additional information. Insiders have bought a total of 36,801 shares of company stock worth $1,147,293 in the last quarter. Company insiders own 1.30% of the company’s stock.

Washington Trust Bancorp Profile

(Free Report)

Washington Trust Bancorp, Inc is the bank holding company for The Washington Trust Company, a community bank headquartered in Westerly, Rhode Island. Through its subsidiary, the company operates a network of branch offices across Rhode Island and southeastern Connecticut, serving individuals, small businesses and municipalities with a full suite of financial services.

The company’s core business activities encompass retail and commercial banking, including checking and savings accounts, consumer and commercial loans, mortgage financing, and cash management solutions.