NBT Bancorp’s (NBTB) “Hold” Rating Reiterated at Keefe, Bruyette & Woods

Posted by George Bondi on Aug 6th, 2026

Keefe, Bruyette & Woods reiterated their hold rating on shares of NBT Bancorp (NASDAQ:NBTB – Free Report) in a report published on Monday, Marketbeat reports. They currently have a $54.00 price objective on the bank’s stock, up from their previous price objective of $52.00.

Several other analysts have also recently weighed in on NBTB. Stephens cut shares of NBT Bancorp from an “overweight” rating to an “equal weight” rating and upped their price objective for the stock from $52.00 to $55.00 in a research note on Thursday, July 30th. Hovde Group dropped their price objective on shares of NBT Bancorp from $47.00 to $46.50 and set a “market perform” rating for the company in a report on Monday, April 27th. Weiss Ratings reiterated a “buy (b)” rating on shares of NBT Bancorp in a research note on Tuesday, July 21st. DA Davidson boosted their target price on NBT Bancorp from $52.00 to $59.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. Finally, Piper Sandler increased their price target on NBT Bancorp from $50.00 to $56.00 and gave the stock an “overweight” rating in a research report on Friday, June 26th. Three investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $54.10.

Get Our Latest Stock Report on NBTB

NBT Bancorp Stock Down 1.0%

Shares of NASDAQ:NBTB opened at $53.22 on Monday. NBT Bancorp has a 52 week low of $39.19 and a 52 week high of $54.50. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.87 and a current ratio of 0.87. The company’s fifty day moving average is $49.56 and its 200-day moving average is $46.02. The company has a market capitalization of $2.77 billion, a PE ratio of 13.01 and a beta of 0.48.

NBT Bancorp (NASDAQ:NBTB – Get Free Report) last posted its earnings results on Monday, July 27th. The bank reported $1.01 earnings per share for the quarter, missing the consensus estimate of $1.02 by ($0.01). The firm had revenue of $186.69 million during the quarter, compared to the consensus estimate of $188.81 million. NBT Bancorp had a return on equity of 11.27% and a net margin of 22.58%. Equities research analysts predict that NBT Bancorp will post 4.15 earnings per share for the current fiscal year.

NBT Bancorp Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be given a dividend of $0.40 per share. This is a positive change from NBT Bancorp’s previous quarterly dividend of $0.37. The ex-dividend date is Tuesday, September 1st. This represents a $1.60 annualized dividend and a yield of 3.0%. NBT Bancorp’s dividend payout ratio is currently 36.19%.

Insiders Place Their Bets

In other NBT Bancorp news, Director Heidi M. Hoeller sold 2,100 shares of the business’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $48.03, for a total value of $100,863.00. Following the completion of the transaction, the director directly owned 11,560 shares of the company’s stock, valued at approximately $555,226.80. The trade was a 15.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Sarah A. Halliday sold 9,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $54.04, for a total transaction of $486,360.00. Following the transaction, the executive vice president owned 22,054 shares in the company, valued at $1,191,798.16. The trade was a 28.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 20,600 shares of company stock valued at $1,064,573 in the last 90 days. 2.99% of the stock is currently owned by insiders.

Institutional Trading of NBT Bancorp

A number of hedge funds and other institutional investors have recently modified their holdings of NBTB. EverSource Wealth Advisors LLC lifted its holdings in NBT Bancorp by 1,645.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 646 shares of the bank’s stock worth $27,000 after buying an additional 609 shares in the last quarter. Larson Financial Group LLC increased its stake in shares of NBT Bancorp by 13,316.7% in the 3rd quarter. Larson Financial Group LLC now owns 805 shares of the bank’s stock valued at $34,000 after buying an additional 799 shares during the period. Bessemer Group Inc. increased its stake in shares of NBT Bancorp by 63.8% in the 1st quarter. Bessemer Group Inc. now owns 832 shares of the bank’s stock valued at $35,000 after buying an additional 324 shares during the period. Western Wealth Management LLC bought a new stake in shares of NBT Bancorp during the first quarter worth $37,000. Finally, Global Retirement Partners LLC raised its position in shares of NBT Bancorp by 62.5% during the fourth quarter. Global Retirement Partners LLC now owns 1,037 shares of the bank’s stock worth $43,000 after acquiring an additional 399 shares during the last quarter. Institutional investors and hedge funds own 58.46% of the company’s stock.

NBT Bancorp Company Profile

(Get Free Report)

NBT Bancorp, Inc (NASDAQ: NBTB) is the bank holding company for NBT Bank, N.A., a full-service commercial bank that serves both individual and corporate clients across the Northeastern United States. Through its branch network and digital channels, the company offers a comprehensive range of commercial banking services, including business lending, treasury management, cash management and specialized industry financing. Its consumer banking platform provides checking and savings accounts, certificates of deposit, home mortgages, home equity lines of credit and other lending solutions tailored to meet personal and household financial needs.

In addition to traditional banking, NBT Bancorp delivers wealth management and fiduciary services through its trust division, offering investment advisory, trust administration, retirement planning and estate settlement.