Empowered Funds LLC Invests $11.51 Million in Beacon Financial Corporation $BBT

Posted by Brenda Bartman on Aug 30th, 2026

Empowered Funds LLC bought a new stake in Beacon Financial Corporation (NYSE:BBT – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 377,912 shares of the company’s stock, valued at approximately $11,507,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Montag A & Associates Inc. purchased a new position in Beacon Financial in the 4th quarter worth approximately $25,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in shares of Beacon Financial in the fourth quarter worth approximately $30,000. TD Private Client Wealth LLC purchased a new position in shares of Beacon Financial in the fourth quarter worth $32,000. Rockefeller Capital Management L.P. purchased a new position in shares of Beacon Financial in the fourth quarter worth $32,000. Finally, EverSource Wealth Advisors LLC bought a new stake in Beacon Financial during the 4th quarter valued at $34,000. Institutional investors own 83.07% of the company’s stock.

Beacon Financial Stock Down 0.4%

Shares of NYSE:BBT opened at $31.41 on Friday. The stock has a fifty day simple moving average of $30.93 and a two-hundred day simple moving average of $30.26. The stock has a market capitalization of $2.63 billion, a price-to-earnings ratio of 23.80 and a beta of 0.55. Beacon Financial Corporation has a 12-month low of $22.81 and a 12-month high of $32.83. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.35.

Beacon Financial (NYSE:BBT – Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $0.77 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.77. Beacon Financial had a net margin of 8.96% and a return on equity of 9.15%. The company had revenue of $219.19 million for the quarter. On average, research analysts anticipate that Beacon Financial Corporation will post 3.04 earnings per share for the current fiscal year.

Beacon Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Friday, August 14th were paid a $0.3225 dividend. This represents a $1.29 annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Friday, August 14th. Beacon Financial’s dividend payout ratio is currently 97.73%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Weiss Ratings reissued a “buy (b-)” rating on shares of Beacon Financial in a report on Tuesday, July 14th. Piper Sandler reiterated an “overweight” rating and set a $36.00 target price (up from $34.00) on shares of Beacon Financial in a report on Monday, August 3rd. Finally, Zacks Research upgraded Beacon Financial from a “strong sell” rating to a “hold” rating in a report on Friday, July 3rd. Three analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Beacon Financial currently has a consensus rating of “Hold” and a consensus target price of $32.50.

Get Our Latest Analysis on Beacon Financial

Beacon Financial Company Profile

(Free Report)

Truist Financial Corp. operates as a financial holding company, which engages in the provision of banking services to individuals, businesses and municipalities. The firm offers a variety of loans and lease financing to individuals and entities, including insurance premium financing, permanent commercial real estate financing arrangements, loan servicing for third-party investors, direct consumer finance loans to individuals, credit card lending, automobile financing and equipment financing. It also markets a range of other services, including deposits, life insurance, property and casualty insurance, health Truist Financial Corp.