Ames National (NASDAQ:ATLO) Share Price Passes Above 50 Day Moving Average – Here’s What Happened

Posted by Francis Steltz on Jul 25th, 2026

Ames National Corporation (NASDAQ:ATLO – Get Free Report) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $29.40 and traded as high as $29.79. Ames National shares last traded at $29.79, with a volume of 43,077 shares traded.

Analysts Set New Price Targets

ATLO has been the subject of a number of research analyst reports. Zacks Research upgraded shares of Ames National to a “hold” rating in a report on Thursday, April 16th. Brean Capital upgraded shares of Ames National to a “hold” rating in a research note on Wednesday, April 15th. National Bank Financial set a $31.00 price objective on shares of Ames National in a report on Wednesday, April 15th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Ames National in a research report on Tuesday, June 9th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $31.00.

Read Our Latest Stock Report on Ames National

Ames National Price Performance

The stock has a 50-day simple moving average of $29.45 and a 200 day simple moving average of $27.84. The company has a market capitalization of $266.15 million, a PE ratio of 12.42 and a beta of 0.30.

Ames National (NASDAQ:ATLO – Get Free Report) last announced its quarterly earnings results on Friday, July 17th. The financial services provider reported $0.67 earnings per share for the quarter. The business had revenue of $19.08 million during the quarter. Ames National had a return on equity of 10.65% and a net margin of 21.63%. As a group, research analysts predict that Ames National Corporation will post 2.7 EPS for the current fiscal year.

Ames National Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend was Monday, June 1st. Ames National’s dividend payout ratio is presently 39.67%.

Hedge Funds Weigh In On Ames National

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its holdings in shares of Ames National by 1.0% in the third quarter. Vanguard Group Inc. now owns 508,760 shares of the financial services provider’s stock valued at $10,287,000 after purchasing an additional 5,063 shares in the last quarter. Fourthstone LLC raised its position in shares of Ames National by 94.9% during the 4th quarter. Fourthstone LLC now owns 438,696 shares of the financial services provider’s stock worth $10,072,000 after purchasing an additional 213,597 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of Ames National by 2.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 273,040 shares of the financial services provider’s stock worth $7,705,000 after purchasing an additional 7,120 shares during the last quarter. Geode Capital Management LLC lifted its stake in Ames National by 2.5% in the 2nd quarter. Geode Capital Management LLC now owns 215,104 shares of the financial services provider’s stock valued at $3,831,000 after buying an additional 5,201 shares in the last quarter. Finally, State Street Corp grew its holdings in Ames National by 5.3% during the 4th quarter. State Street Corp now owns 132,123 shares of the financial services provider’s stock valued at $3,034,000 after buying an additional 6,648 shares during the last quarter. Institutional investors and hedge funds own 26.47% of the company’s stock.

Ames National Company Profile

(Get Free Report)

Ames National Corporation is the bank holding company for Ames National Bank, a full-service community bank headquartered in Ames, Iowa. Through its subsidiary, the company provides a range of commercial and consumer banking products designed to meet the needs of individuals, small businesses, farmers and agribusiness clients in central Iowa. Its network of branch offices serves Story County and neighboring counties, supporting local economic development and community initiatives.

The company’s core offerings include checking and savings accounts, money market and certificate of deposit products, along with online and mobile banking services.