Harbor Advisors LLC Sells 10,500 Shares of Bank of N.T. Butterfield & Son Limited (The) $NTB

Posted by Brian Himes on Jul 20th, 2026

Harbor Advisors LLC trimmed its position in Bank of N.T. Butterfield & Son Limited (The) (NYSE:NTB – Free Report) by 6.8% in the first quarter, Holdings Channel.com reports. The firm owned 144,908 shares of the bank’s stock after selling 10,500 shares during the period. Bank of N.T. Butterfield & Son comprises approximately 1.1% of Harbor Advisors LLC’s portfolio, making the stock its 14th largest holding. Harbor Advisors LLC’s holdings in Bank of N.T. Butterfield & Son were worth $7,605,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in NTB. UBS Group AG boosted its stake in shares of Bank of N.T. Butterfield & Son by 380.1% in the 4th quarter. UBS Group AG now owns 196,771 shares of the bank’s stock valued at $9,803,000 after purchasing an additional 155,784 shares during the last quarter. LSV Asset Management raised its stake in shares of Bank of N.T. Butterfield & Son by 26.5% during the fourth quarter. LSV Asset Management now owns 823,925 shares of the bank’s stock worth $41,048,000 after buying an additional 172,666 shares during the last quarter. Tudor Investment Corp ET AL raised its stake in shares of Bank of N.T. Butterfield & Son by 16.7% during the third quarter. Tudor Investment Corp ET AL now owns 134,841 shares of the bank’s stock worth $5,787,000 after buying an additional 19,327 shares during the last quarter. Globeflex Capital L P lifted its holdings in Bank of N.T. Butterfield & Son by 24.1% in the fourth quarter. Globeflex Capital L P now owns 130,399 shares of the bank’s stock valued at $6,496,000 after buying an additional 25,349 shares during the period. Finally, Ritholtz Wealth Management acquired a new position in Bank of N.T. Butterfield & Son in the first quarter valued at approximately $1,382,000. 62.73% of the stock is owned by institutional investors.

Insider Buying and Selling at Bank of N.T. Butterfield & Son

In other news, Director Mark T. Lynch purchased 10,000 shares of Bank of N.T. Butterfield & Son stock in a transaction dated Friday, May 29th. The shares were bought at an average cost of $56.49 per share, with a total value of $564,900.00. Following the completion of the transaction, the director directly owned 234,794 shares in the company, valued at $13,263,513.06. This trade represents a 4.45% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Michael W. Collins sold 20,621 shares of Bank of N.T. Butterfield & Son stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $58.77, for a total transaction of $1,211,896.17. Following the transaction, the chief executive officer directly owned 60,622 shares in the company, valued at approximately $3,562,754.94. This represents a 25.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 60,621 shares of company stock worth $3,557,496. Company insiders own 1.19% of the company’s stock.

Bank of N.T. Butterfield & Son Price Performance

Shares of NTB stock opened at $61.32 on Monday. The stock has a market cap of $2.57 billion, a PE ratio of 10.61 and a beta of 0.51. The stock has a 50-day moving average of $58.20 and a 200-day moving average of $54.50. Bank of N.T. Butterfield & Son Limited has a one year low of $40.59 and a one year high of $62.46.

Bank of N.T. Butterfield & Son (NYSE:NTB – Get Free Report) last released its quarterly earnings data on Tuesday, March 31st. The bank reported $1.55 earnings per share for the quarter. Bank of N.T. Butterfield & Son had a net margin of 30.22% and a return on equity of 21.92%. The business had revenue of $155.93 million for the quarter. As a group, research analysts anticipate that Bank of N.T. Butterfield & Son Limited will post 6.1 earnings per share for the current year.

Bank of N.T. Butterfield & Son Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Shareholders of record on Wednesday, May 13th were issued a $0.50 dividend. The ex-dividend date was Wednesday, May 13th. This represents a $2.00 annualized dividend and a yield of 3.3%. Bank of N.T. Butterfield & Son’s dividend payout ratio (DPR) is 34.60%.

Wall Street Analyst Weigh In

A number of research firms have commented on NTB. Weiss Ratings reaffirmed a “buy (a-)” rating on shares of Bank of N.T. Butterfield & Son in a report on Thursday, July 2nd. Wells Fargo & Company increased their price target on Bank of N.T. Butterfield & Son from $57.00 to $61.00 and gave the company an “equal weight” rating in a research note on Monday, June 8th. Finally, Zacks Research lowered Bank of N.T. Butterfield & Son from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. One equities research analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $59.50.

Read Our Latest Report on NTB

Bank of N.T. Butterfield & Son Profile

(Free Report)

Bank of N.T. Butterfield & Son Limited, commonly known as Butterfield, is a Bermuda-based provider of banking and wealth management services. Founded in 1858, the firm has grown from a local colonial bank into an international financial institution. With a focus on personalized client service, Butterfield offers a comprehensive suite of banking and fiduciary solutions to private individuals, families, and corporate clients.

The bank’s core activities include private banking, retail and commercial lending, trust and corporate administration, and fund services.