Corient Private Wealth LP Takes Position in Old National Bancorp $ONB

Posted by Brenda Bartman on Sep 1st, 2026

Corient Private Wealth LP purchased a new stake in shares of Old National Bancorp (NASDAQ:ONB – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 168,742 shares of the bank’s stock, valued at approximately $4,370,000.

Several other hedge funds have also modified their holdings of the company. Bank of America Corp DE lifted its position in Old National Bancorp by 2.5% during the first quarter. Bank of America Corp DE now owns 4,229,045 shares of the bank’s stock valued at $93,462,000 after purchasing an additional 102,956 shares during the last quarter. Algebris UK Ltd. increased its holdings in shares of Old National Bancorp by 57.9% in the 4th quarter. Algebris UK Ltd. now owns 1,844,036 shares of the bank’s stock worth $41,160,000 after buying an additional 675,873 shares during the last quarter. Quantinno Capital Management LP increased its holdings in shares of Old National Bancorp by 200.0% in the 1st quarter. Quantinno Capital Management LP now owns 153,244 shares of the bank’s stock worth $3,387,000 after buying an additional 102,159 shares during the last quarter. Deutsche Bank AG purchased a new stake in shares of Old National Bancorp during the 2nd quarter valued at about $9,460,000. Finally, Norges Bank purchased a new stake in shares of Old National Bancorp during the 4th quarter valued at about $72,661,000. 83.66% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Citigroup lifted their price target on Old National Bancorp from $29.00 to $31.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. Weiss Ratings restated a “buy (b)” rating on shares of Old National Bancorp in a research report on Thursday, June 4th. UBS Group assumed coverage on Old National Bancorp in a research note on Tuesday, July 7th. They issued a “buy” rating and a $32.00 price objective for the company. Barclays lifted their target price on Old National Bancorp from $30.00 to $31.00 and gave the stock an “overweight” rating in a report on Tuesday, July 7th. Finally, Royal Bank Of Canada boosted their target price on Old National Bancorp from $28.00 to $29.00 and gave the company a “sector perform” rating in a research report on Thursday, July 23rd. Nine research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, Old National Bancorp presently has an average rating of “Moderate Buy” and a consensus price target of $29.36.

View Our Latest Stock Report on ONB

Insider Activity at Old National Bancorp

In related news, CEO Chady M. Alahmar sold 11,771 shares of the business’s stock in a transaction on Thursday, July 30th. The stock was sold at an average price of $26.41, for a total transaction of $310,872.11. Following the completion of the transaction, the chief executive officer owned 63,531 shares in the company, valued at $1,677,853.71. The trade was a 15.63% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Nicholas J. Chulos sold 20,000 shares of the company’s stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $26.66, for a total value of $533,200.00. Following the completion of the transaction, the insider directly owned 53,544 shares in the company, valued at $1,427,483.04. This trade represents a 27.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.72% of the company’s stock.

Old National Bancorp Price Performance

Old National Bancorp stock opened at $25.58 on Tuesday. Old National Bancorp has a 12-month low of $19.39 and a 12-month high of $27.36. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.95. The firm has a 50-day moving average price of $26.32 and a 200-day moving average price of $24.49. The firm has a market capitalization of $9.79 billion, a PE ratio of 11.37 and a beta of 0.84.

Old National Bancorp (NASDAQ:ONB – Get Free Report) last issued its quarterly earnings results on Wednesday, July 22nd. The bank reported $0.65 EPS for the quarter, beating the consensus estimate of $0.63 by $0.02. Old National Bancorp had a net margin of 21.60% and a return on equity of 11.80%. The company had revenue of $726.86 million for the quarter, compared to the consensus estimate of $716.25 million. During the same period in the prior year, the firm posted $0.53 EPS. The firm’s revenue was up 13.2% compared to the same quarter last year. As a group, equities research analysts forecast that Old National Bancorp will post 2.6 EPS for the current year.

Old National Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Saturday, September 5th will be paid a dividend of $0.145 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $0.58 dividend on an annualized basis and a dividend yield of 2.3%. Old National Bancorp’s dividend payout ratio is currently 25.78%.

Old National Bancorp Profile

(Free Report)

Old National Bancorp (NASDAQ: ONB) is the bank holding company for Old National Bank, a regional financial services firm headquartered in Evansville, Indiana. Through its network of community banking offices, the company provides a full range of commercial and consumer banking services. Its offerings include checking and savings accounts, personal and business loans, and deposit products designed to meet the needs of individuals, small businesses, and larger corporate customers.

In addition to traditional banking, Old National Bancorp delivers specialty financial services such as treasury management, wealth management, mortgage loan production, and insurance solutions.