Renaissance Technologies LLC Buys 28,605 Shares of Northeast Community Bancorp Inc. $NECB

Posted by Francis Steltz on Aug 8th, 2026

Renaissance Technologies LLC raised its position in shares of Northeast Community Bancorp Inc. (NASDAQ:NECB – Free Report) by 19.4% in the first quarter, HoldingsChannel.com reports. The firm owned 176,205 shares of the savings and loans company’s stock after purchasing an additional 28,605 shares during the quarter. Renaissance Technologies LLC’s holdings in Northeast Community Bancorp were worth $4,194,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Larson Financial Group LLC bought a new position in Northeast Community Bancorp during the third quarter worth $28,000. Russell Investments Group Ltd. boosted its position in Northeast Community Bancorp by 193.8% during the third quarter. Russell Investments Group Ltd. now owns 1,457 shares of the savings and loans company’s stock valued at $30,000 after acquiring an additional 961 shares during the last quarter. Harbour Investments Inc. grew its holdings in Northeast Community Bancorp by 109.9% during the 4th quarter. Harbour Investments Inc. now owns 1,522 shares of the savings and loans company’s stock worth $34,000 after acquiring an additional 797 shares during the period. IFP Advisors Inc raised its position in shares of Northeast Community Bancorp by 78.4% in the 3rd quarter. IFP Advisors Inc now owns 1,821 shares of the savings and loans company’s stock worth $38,000 after acquiring an additional 800 shares in the last quarter. Finally, PNC Financial Services Group Inc. raised its position in shares of Northeast Community Bancorp by 4,381.1% in the 4th quarter. PNC Financial Services Group Inc. now owns 3,316 shares of the savings and loans company’s stock worth $75,000 after acquiring an additional 3,242 shares in the last quarter. 53.25% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently commented on NECB shares. Weiss Ratings restated a “buy (b)” rating on shares of Northeast Community Bancorp in a research report on Thursday, July 2nd. Piper Sandler boosted their price target on Northeast Community Bancorp from $26.50 to $29.50 and gave the company a “neutral” rating in a research note on Friday, June 26th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Northeast Community Bancorp presently has an average rating of “Moderate Buy” and a consensus price target of $29.50.

Check Out Our Latest Report on NECB

Northeast Community Bancorp Price Performance

NECB stock opened at $26.68 on Friday. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.17 and a quick ratio of 1.17. The company’s 50-day moving average is $26.37 and its 200-day moving average is $24.85. The stock has a market capitalization of $368.45 million, a PE ratio of 8.55 and a beta of 0.36. Northeast Community Bancorp Inc. has a 1 year low of $19.27 and a 1 year high of $28.94.

Northeast Community Bancorp (NASDAQ:NECB – Get Free Report) last issued its earnings results on Monday, July 27th. The savings and loans company reported $0.72 EPS for the quarter, missing analysts’ consensus estimates of $0.76 by ($0.04). Northeast Community Bancorp had a net margin of 27.67% and a return on equity of 12.10%. The firm had revenue of $25.29 million during the quarter, compared to the consensus estimate of $25.76 million. Equities research analysts expect that Northeast Community Bancorp Inc. will post 3.16 EPS for the current fiscal year.

Northeast Community Bancorp Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 6th. Stockholders of record on Tuesday, July 7th were issued a dividend of $0.25 per share. This is a positive change from Northeast Community Bancorp’s previous quarterly dividend of $0.20. This represents a $1.00 annualized dividend and a dividend yield of 3.7%. The ex-dividend date was Tuesday, July 7th. Northeast Community Bancorp’s dividend payout ratio is presently 32.05%.

Insider Buying and Selling at Northeast Community Bancorp

In other news, CFO Donald S. Hom sold 3,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $27.20, for a total transaction of $81,600.00. Following the transaction, the chief financial officer directly owned 4,714 shares of the company’s stock, valued at $128,220.80. This represents a 38.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 7.12% of the stock is owned by insiders.

About Northeast Community Bancorp

(Free Report)

Northeast Community Bancorp is the bank holding company for Northeast Bank, a full-service community bank headquartered in DeKalb, Illinois. Through its principal subsidiary, the company provides a range of deposit and lending products designed to meet the financial needs of individuals, families and small to mid-sized businesses in the northern Illinois market.

The company’s loan portfolio encompasses consumer and mortgage lending, home equity lines of credit, commercial real estate financing, SBA-guaranteed loans and agricultural credits.