Y Intercept Hong Kong Ltd Purchases Shares of 25,970 Western Alliance Bancorporation $WAL

Posted by Francis Steltz on Jul 10th, 2026

Y Intercept Hong Kong Ltd purchased a new stake in shares of Western Alliance Bancorporation (NYSE:WAL – Free Report) in the 1st quarter, Holdings Channel reports. The fund purchased 25,970 shares of the financial services provider’s stock, valued at approximately $1,840,000.

Several other institutional investors have also recently made changes to their positions in the business. Price T Rowe Associates Inc. MD boosted its holdings in shares of Western Alliance Bancorporation by 9.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 8,746,867 shares of the financial services provider’s stock worth $735,350,000 after buying an additional 777,369 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC increased its holdings in Western Alliance Bancorporation by 7.9% during the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 6,450,408 shares of the financial services provider’s stock valued at $542,286,000 after buying an additional 470,492 shares during the last quarter. Invesco Ltd. increased its holdings in Western Alliance Bancorporation by 3.4% during the third quarter. Invesco Ltd. now owns 6,016,027 shares of the financial services provider’s stock valued at $521,710,000 after buying an additional 197,854 shares during the last quarter. Dimensional Fund Advisors LP raised its position in Western Alliance Bancorporation by 2.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,777,461 shares of the financial services provider’s stock worth $317,574,000 after acquiring an additional 102,943 shares during the period. Finally, Wellington Management Group LLP raised its position in Western Alliance Bancorporation by 1.6% in the third quarter. Wellington Management Group LLP now owns 2,288,233 shares of the financial services provider’s stock worth $198,436,000 after acquiring an additional 36,364 shares during the period. Institutional investors own 79.15% of the company’s stock.

Wall Street Analyst Weigh In

WAL has been the subject of a number of recent research reports. UBS Group boosted their price objective on shares of Western Alliance Bancorporation from $75.00 to $80.00 and gave the company a “neutral” rating in a research report on Monday, April 27th. Piper Sandler decreased their target price on Western Alliance Bancorporation from $94.00 to $92.00 and set an “overweight” rating on the stock in a report on Monday, April 27th. Barclays lowered their target price on Western Alliance Bancorporation from $90.00 to $88.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 7th. Weiss Ratings raised Western Alliance Bancorporation from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, May 26th. Finally, Citigroup lifted their price objective on Western Alliance Bancorporation from $96.00 to $98.00 and gave the company a “buy” rating in a research report on Thursday, June 25th. Ten analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, Western Alliance Bancorporation currently has a consensus rating of “Moderate Buy” and an average price target of $94.00.

Get Our Latest Analysis on WAL

Western Alliance Bancorporation Stock Up 1.7%

WAL opened at $80.04 on Friday. The stock has a market cap of $8.74 billion, a price-to-earnings ratio of 9.32, a price-to-earnings-growth ratio of 0.72 and a beta of 1.34. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.81 and a current ratio of 0.86. The firm’s fifty day moving average is $79.97 and its 200 day moving average is $81.49. Western Alliance Bancorporation has a fifty-two week low of $65.82 and a fifty-two week high of $97.23.

Western Alliance Bancorporation (NYSE:WAL – Get Free Report) last issued its quarterly earnings results on Tuesday, April 21st. The financial services provider reported $2.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.48 by $0.74. The business had revenue of $968.40 million during the quarter, compared to analyst estimates of $944.18 million. Western Alliance Bancorporation had a return on equity of 13.58% and a net margin of 17.03%.Western Alliance Bancorporation’s revenue for the quarter was up 31.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.79 EPS. On average, sell-side analysts forecast that Western Alliance Bancorporation will post 9.49 earnings per share for the current fiscal year.

Western Alliance Bancorporation Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Thursday, May 14th were paid a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend was Thursday, May 14th. Western Alliance Bancorporation’s dividend payout ratio (DPR) is 19.56%.

Insider Transactions at Western Alliance Bancorporation

In related news, CAO Ben Mucha sold 5,946 shares of the business’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $81.00, for a total value of $481,626.00. Following the transaction, the chief accounting officer directly owned 3,485 shares of the company’s stock, valued at approximately $282,285. The trade was a 63.05% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 2.68% of the company’s stock.

Western Alliance Bancorporation Profile

(Free Report)

Western Alliance Bancorporation is a bank holding company headquartered in Phoenix, Arizona. Through its principal subsidiary, Western Alliance Bank, the company provides a range of banking services to commercial clients, entrepreneurs and real estate developers. As one of the largest regional banks in the western United States, it focuses on relationship-driven banking solutions tailored to niche industries and growing businesses.

The company’s core offerings include deposit products, treasury management and a variety of lending services.