Public Employees Retirement System of Ohio Makes New $3.24 Million Investment in Prosperity Bancshares, Inc. $PB

Posted by Geri Gentry on Sep 5th, 2026

Public Employees Retirement System of Ohio purchased a new stake in Prosperity Bancshares, Inc. (NYSE:PB – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 44,397 shares of the bank’s stock, valued at approximately $3,242,000.

Several other institutional investors have also modified their holdings of PB. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Prosperity Bancshares by 21.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,198 shares of the bank’s stock worth $2,155,000 after acquiring an additional 5,326 shares during the period. NewEdge Advisors LLC boosted its holdings in Prosperity Bancshares by 36.8% in the first quarter. NewEdge Advisors LLC now owns 7,295 shares of the bank’s stock valued at $521,000 after purchasing an additional 1,962 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Prosperity Bancshares by 5.3% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 346,151 shares of the bank’s stock valued at $24,705,000 after purchasing an additional 17,345 shares during the period. Jane Street Group LLC grew its stake in Prosperity Bancshares by 182.8% during the 1st quarter. Jane Street Group LLC now owns 104,755 shares of the bank’s stock worth $7,476,000 after purchasing an additional 67,712 shares in the last quarter. Finally, Sivia Capital Partners LLC purchased a new stake in Prosperity Bancshares during the 2nd quarter worth about $359,000. Institutional investors and hedge funds own 80.69% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on PB. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $80.00 price target on shares of Prosperity Bancshares in a research report on Tuesday, June 23rd. Wall Street Zen raised Prosperity Bancshares from a “sell” rating to a “hold” rating in a research report on Saturday, August 1st. TD Cowen upped their target price on shares of Prosperity Bancshares from $82.00 to $84.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Royal Bank Of Canada raised their target price on shares of Prosperity Bancshares from $78.00 to $80.00 and gave the company a “sector perform” rating in a report on Thursday, July 30th. Finally, Weiss Ratings upgraded shares of Prosperity Bancshares from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, July 29th. Five research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $78.36.

Check Out Our Latest Analysis on Prosperity Bancshares

Prosperity Bancshares Stock Performance

NYSE:PB opened at $72.85 on Friday. Prosperity Bancshares, Inc. has a 12 month low of $61.06 and a 12 month high of $77.20. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.75 and a quick ratio of 0.75. The firm has a market capitalization of $7.35 billion, a PE ratio of 12.63, a price-to-earnings-growth ratio of 0.79 and a beta of 0.63. The business’s fifty day moving average price is $73.08 and its 200 day moving average price is $70.45.

Prosperity Bancshares (NYSE:PB – Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The bank reported $1.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.50 by $0.12. The company had revenue of $391.25 million during the quarter, compared to the consensus estimate of $380.73 million. Prosperity Bancshares had a return on equity of 7.39% and a net margin of 29.95%.Prosperity Bancshares’s revenue for the quarter was up 25.9% on a year-over-year basis. During the same period in the previous year, the business earned $1.42 EPS. On average, sell-side analysts anticipate that Prosperity Bancshares, Inc. will post 6.47 earnings per share for the current fiscal year.

Prosperity Bancshares Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend is Tuesday, September 15th. Prosperity Bancshares’s dividend payout ratio (DPR) is 41.59%.

Insiders Place Their Bets

In related news, Director Ned Holmes sold 500 shares of the business’s stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of $71.78, for a total transaction of $35,890.00. Following the completion of the sale, the director owned 69,615 shares in the company, valued at $4,996,964.70. The trade was a 0.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold a total of 12,100 shares of company stock worth $881,656 in the last three months. 3.96% of the stock is owned by insiders.

About Prosperity Bancshares

(Free Report)

Prosperity Bancshares, Inc is a holding company for Prosperity Bank, offering a broad range of commercial and consumer banking services across Texas, Oklahoma, Arkansas and Louisiana. Through its network of branches and digital platforms, the company provides deposit products, business and real estate lending, treasury management, mortgage origination and servicing, as well as wealth management and trust services.

Originally chartered in 1911 as First National Bank in McKinney, Texas, the organization rebranded to Prosperity Bank in 2009 following a series of strategic acquisitions aimed at deepening its regional presence.