Global Retirement Partners LLC Makes New $3.81 Million Investment in S&T Bancorp, Inc. $STBA

Posted by Brian Himes on Aug 17th, 2026

Global Retirement Partners LLC acquired a new position in shares of S&T Bancorp, Inc. (NASDAQ:STBA – Free Report) during the second quarter, HoldingsChannel reports. The firm acquired 77,612 shares of the financial services provider’s stock, valued at approximately $3,809,000.

Several other large investors also recently made changes to their positions in STBA. Bank of New York Mellon Corp acquired a new stake in shares of S&T Bancorp in the 2nd quarter valued at approximately $17,649,000. Millennium Management LLC increased its holdings in S&T Bancorp by 33.5% during the third quarter. Millennium Management LLC now owns 459,153 shares of the financial services provider’s stock worth $17,260,000 after buying an additional 115,333 shares during the last quarter. Jane Street Group LLC acquired a new position in S&T Bancorp during the first quarter worth $4,211,000. Qube Research & Technologies Ltd raised its position in S&T Bancorp by 58.0% during the third quarter. Qube Research & Technologies Ltd now owns 234,645 shares of the financial services provider’s stock worth $8,820,000 after acquiring an additional 86,125 shares in the last quarter. Finally, State Street Corp raised its position in S&T Bancorp by 3.7% during the fourth quarter. State Street Corp now owns 1,723,385 shares of the financial services provider’s stock worth $67,815,000 after acquiring an additional 61,800 shares in the last quarter. Institutional investors and hedge funds own 65.22% of the company’s stock.

Insider Buying and Selling

In other S&T Bancorp news, Director William J. Hieb sold 11,979 shares of the stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $51.34, for a total value of $615,001.86. Following the transaction, the director directly owned 17,344 shares of the company’s stock, valued at $890,440.96. This represents a 40.85% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 1.23% of the company’s stock.

S&T Bancorp Stock Performance

Shares of S&T Bancorp stock opened at $51.14 on Monday. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.99 and a quick ratio of 0.99. The business has a fifty day simple moving average of $49.62 and a two-hundred day simple moving average of $45.45. S&T Bancorp, Inc. has a 1 year low of $34.38 and a 1 year high of $53.50. The company has a market capitalization of $1.80 billion, a price-to-earnings ratio of 13.60 and a beta of 0.84.

S&T Bancorp (NASDAQ:STBA – Get Free Report) last released its quarterly earnings data on Thursday, July 23rd. The financial services provider reported $1.02 EPS for the quarter, beating the consensus estimate of $0.92 by $0.10. The firm had revenue of $105.24 million for the quarter, compared to the consensus estimate of $104.43 million. S&T Bancorp had a net margin of 24.51% and a return on equity of 9.74%. Research analysts forecast that S&T Bancorp, Inc. will post 3.93 EPS for the current year.

S&T Bancorp announced that its Board of Directors has initiated a share repurchase program on Thursday, July 23rd that permits the company to buyback $100.00 million in shares. This buyback authorization permits the financial services provider to buy up to 5.6% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s leadership believes its stock is undervalued.

S&T Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 27th. Investors of record on Tuesday, August 18th will be issued a dividend of $0.37 per share. The ex-dividend date of this dividend is Tuesday, August 18th. This represents a $1.48 annualized dividend and a dividend yield of 2.9%. S&T Bancorp’s payout ratio is presently 39.36%.

Wall Street Analyst Weigh In

A number of brokerages have commented on STBA. DA Davidson increased their price target on shares of S&T Bancorp from $47.00 to $53.00 and gave the company a “neutral” rating in a research note on Friday, July 24th. Zacks Research upgraded shares of S&T Bancorp from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 28th. Keefe, Bruyette & Woods upped their target price on shares of S&T Bancorp from $49.00 to $52.00 and gave the company a “market perform” rating in a report on Monday, July 27th. Hovde Group reiterated a “market perform” rating and issued a $54.00 target price (up from $47.00) on shares of S&T Bancorp in a research note on Monday, July 27th. Finally, Piper Sandler lifted their price target on S&T Bancorp from $51.00 to $53.00 and gave the stock a “neutral” rating in a report on Monday, July 27th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $51.60.

View Our Latest Stock Analysis on S&T Bancorp

S&T Bancorp Company Profile

(Free Report)

S&T Bancorp, Inc is a bank holding company headquartered in Indiana, Pennsylvania, serving as the parent of S&T Bank. Established as a banking organization in 1902 with the holding company formation following in the early 1980s, S&T Bancorp has built its reputation on delivering community-oriented financial services. The company operates under the NASDAQ ticker STBA, maintaining a focus on personalized banking solutions and local decision-making.

The company’s main business activities encompass a full suite of retail and commercial banking products.