Bank of New York Mellon Corp Invests $60.97 Million in United Bankshares, Inc. $UBSI

Posted by Stanley Muller on Aug 27th, 2026

Bank of New York Mellon Corp acquired a new position in United Bankshares, Inc. (NASDAQ:UBSI – Free Report) in the 2nd quarter, Holdings Channel reports. The institutional investor acquired 1,330,314 shares of the financial services provider’s stock, valued at approximately $60,968,000.

Other large investors have also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd acquired a new position in shares of United Bankshares during the third quarter valued at $25,000. Eurizon Capital SGR S.p.A. bought a new position in United Bankshares in the fourth quarter valued at about $26,000. Root Financial Partners LLC increased its position in United Bankshares by 64.4% in the first quarter. Root Financial Partners LLC now owns 786 shares of the financial services provider’s stock worth $33,000 after purchasing an additional 308 shares during the period. Farther Finance Advisors LLC raised its holdings in United Bankshares by 196.2% during the 4th quarter. Farther Finance Advisors LLC now owns 856 shares of the financial services provider’s stock worth $33,000 after purchasing an additional 567 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its holdings in United Bankshares by 528.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,175 shares of the financial services provider’s stock worth $43,000 after purchasing an additional 988 shares during the last quarter. Institutional investors and hedge funds own 70.80% of the company’s stock.

United Bankshares Stock Up 0.1%

Shares of NASDAQ:UBSI opened at $47.45 on Thursday. The company has a 50 day moving average price of $47.28 and a two-hundred day moving average price of $44.34. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.97 and a current ratio of 0.98. The company has a market capitalization of $6.46 billion, a PE ratio of 12.93 and a beta of 0.71. United Bankshares, Inc. has a 52 week low of $34.10 and a 52 week high of $49.62.

United Bankshares (NASDAQ:UBSI – Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The financial services provider reported $0.95 earnings per share for the quarter, topping analysts’ consensus estimates of $0.89 by $0.06. United Bankshares had a net margin of 27.97% and a return on equity of 9.39%. The company had revenue of $323.82 million for the quarter, compared to analysts’ expectations of $320.07 million. During the same period last year, the firm posted $0.85 earnings per share. Analysts forecast that United Bankshares, Inc. will post 3.71 earnings per share for the current year.

United Bankshares Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Friday, September 11th will be paid a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend is Friday, September 11th. United Bankshares’s dividend payout ratio (DPR) is presently 41.42%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. Keefe, Bruyette & Woods raised their target price on shares of United Bankshares from $46.00 to $48.00 and gave the company a “market perform” rating in a research note on Monday, July 27th. Hovde Group increased their price objective on shares of United Bankshares from $49.00 to $50.00 and gave the company a “market perform” rating in a report on Friday, July 24th. Wall Street Zen raised shares of United Bankshares from a “sell” rating to a “hold” rating in a research note on Saturday, July 25th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of United Bankshares in a report on Monday, July 6th. Finally, Raymond James Financial upped their target price on shares of United Bankshares from $49.00 to $50.00 and gave the company an “outperform” rating in a research report on Wednesday, July 1st. Three research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $47.80.

View Our Latest Analysis on United Bankshares

United Bankshares Profile

(Free Report)

United Bankshares, Inc, headquartered in Charleston, West Virginia, is a bank holding company that provides a full range of financial services through its primary subsidiary, United Bank. The company’s core offerings include retail and commercial banking products such as checking and savings accounts, certificates of deposit, personal and business loans, mortgages, and treasury management services. In addition, United Bankshares delivers private banking, wealth management, trust and fiduciary solutions, and investment advisory services to meet the needs of individual, corporate, and institutional clients.

United Bankshares operates an extensive branch network across West Virginia, Virginia, Maryland, the District of Columbia, Ohio, Pennsylvania, and South Carolina.