3,810 Shares in Nicolet Bankshares Inc. $NIC Purchased by Midwest Professional Planners LTD.

Posted by Brenda Bartman on Jul 16th, 2026

Midwest Professional Planners LTD. acquired a new stake in shares of Nicolet Bankshares Inc. (NYSE:NIC – Free Report) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 3,810 shares of the company’s stock, valued at approximately $566,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. EverSource Wealth Advisors LLC raised its holdings in shares of Nicolet Bankshares by 3,940.0% during the second quarter. EverSource Wealth Advisors LLC now owns 202 shares of the company’s stock valued at $25,000 after acquiring an additional 197 shares during the period. Meeder Asset Management Inc. acquired a new position in Nicolet Bankshares in the 4th quarter worth approximately $48,000. Clearstead Advisors LLC boosted its stake in Nicolet Bankshares by 192.9% in the 4th quarter. Clearstead Advisors LLC now owns 451 shares of the company’s stock worth $55,000 after purchasing an additional 297 shares during the period. UMB Bank n.a. purchased a new position in Nicolet Bankshares during the 4th quarter worth approximately $102,000. Finally, Raymond James Financial Inc. purchased a new position in Nicolet Bankshares during the 2nd quarter worth approximately $133,000. 43.06% of the stock is currently owned by institutional investors and hedge funds.

Nicolet Bankshares Stock Up 0.5%

NIC stock opened at $165.45 on Thursday. The company has a 50 day moving average of $149.75 and a two-hundred day moving average of $146.98. The company has a market cap of $3.52 billion, a price-to-earnings ratio of 19.40 and a beta of 0.65. Nicolet Bankshares Inc. has a 12-month low of $114.11 and a 12-month high of $170.82. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.08.

Nicolet Bankshares (NYSE:NIC – Get Free Report) last posted its quarterly earnings results on Tuesday, April 21st. The company reported $2.75 EPS for the quarter, missing the consensus estimate of $2.98 by ($0.23). Nicolet Bankshares had a net margin of 21.89% and a return on equity of 11.48%. The company had revenue of $134.85 million for the quarter, compared to analysts’ expectations of $129.74 million. On average, equities analysts anticipate that Nicolet Bankshares Inc. will post 12.17 earnings per share for the current fiscal year.

Nicolet Bankshares Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were paid a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 0.9%. This is an increase from Nicolet Bankshares’s previous quarterly dividend of $0.32. The ex-dividend date was Monday, June 1st. Nicolet Bankshares’s dividend payout ratio is presently 16.88%.

Analysts Set New Price Targets

A number of research firms have recently issued reports on NIC. Zacks Research upgraded Nicolet Bankshares from a “strong sell” rating to a “hold” rating in a report on Monday, June 22nd. Weiss Ratings downgraded Nicolet Bankshares from a “buy (b+)” rating to a “buy (b)” rating in a report on Monday, May 18th. Hovde Group dropped their price target on Nicolet Bankshares from $190.00 to $180.00 and set an “outperform” rating on the stock in a research report on Thursday, April 23rd. Raymond James Financial began coverage on Nicolet Bankshares in a research note on Tuesday, June 23rd. They issued a “market perform” rating for the company. Finally, Piper Sandler decreased their price objective on Nicolet Bankshares from $185.00 to $183.00 and set an “overweight” rating for the company in a research report on Wednesday, April 22nd. Five analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Nicolet Bankshares currently has an average rating of “Moderate Buy” and a consensus price target of $176.50.

View Our Latest Research Report on Nicolet Bankshares

Nicolet Bankshares Company Profile

(Free Report)

Nicolet Bankshares, Inc is a bank holding company headquartered in Green Bay, Wisconsin. Through its subsidiary, Nicolet National Bank, it provides a range of commercial and consumer banking services to businesses, individuals and nonprofit organizations across northeastern Wisconsin and the Upper Peninsula of Michigan. The company’s branch network, digital banking platform and commercial lending centers support its focus on community banking and regional growth.

The company offers deposit products such as checking, savings and money market accounts, alongside consumer and commercial lending solutions.