Financial Institutions (NASDAQ:FISI) Shares Break Above Two Hundred Day Moving Average – Here’s Why

Posted by George Bondi on Oct 8th, 2026

Financial Institutions, Inc. (NASDAQ:FISI – Get Free Report)’s share price crossed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $37.68 and traded as high as $39.95. Financial Institutions shares last traded at $39.28, with a volume of 95,718 shares traded.

Analyst Ratings Changes

A number of analysts have weighed in on FISI shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Financial Institutions in a research report on Friday, October 2nd. Piper Sandler reissued a “neutral” rating and set a $45.00 price objective (up from $38.00) on shares of Financial Institutions in a report on Monday, August 3rd. Finally, Keefe, Bruyette & Woods boosted their target price on shares of Financial Institutions from $42.00 to $45.00 and gave the company an “outperform” rating in a research note on Monday, July 27th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, Financial Institutions currently has a consensus rating of “Moderate Buy” and an average price target of $45.00.

Check Out Our Latest Stock Report on Financial Institutions

Financial Institutions Trading Up 0.9%

The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.88 and a current ratio of 0.88. The stock has a market cap of $769.68 million, a P/E ratio of 9.69 and a beta of 0.62. The company has a 50-day simple moving average of $40.83 and a 200-day simple moving average of $37.74.

Financial Institutions (NASDAQ:FISI – Get Free Report) last announced its earnings results on Thursday, July 23rd. The bank reported $1.04 earnings per share for the quarter, beating analysts’ consensus estimates of $0.93 by $0.11. Financial Institutions had a return on equity of 13.45% and a net margin of 21.78%.The company had revenue of $64.31 million during the quarter, compared to analyst estimates of $63.54 million. On average, sell-side analysts forecast that Financial Institutions, Inc. will post 4.21 EPS for the current fiscal year.

Financial Institutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 2nd. Shareholders of record on Tuesday, September 15th were given a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 3.3%. The ex-dividend date was Tuesday, September 15th. Financial Institutions’s dividend payout ratio (DPR) is presently 31.76%.

Hedge Funds Weigh In On Financial Institutions

Large investors have recently modified their holdings of the stock. Integrated Wealth Concepts LLC acquired a new stake in shares of Financial Institutions in the second quarter valued at approximately $38,000. Royal Bank of Canada boosted its position in Financial Institutions by 31.6% in the 1st quarter. Royal Bank of Canada now owns 1,290 shares of the bank’s stock valued at $40,000 after buying an additional 310 shares during the last quarter. Fifth Third Bancorp bought a new position in Financial Institutions in the 1st quarter valued at $52,000. Quantbot Technologies LP acquired a new stake in shares of Financial Institutions in the 2nd quarter valued at $56,000. Finally, Allworth Financial LP acquired a new stake in shares of Financial Institutions in the 2nd quarter valued at $127,000. 60.45% of the stock is currently owned by institutional investors and hedge funds.

About Financial Institutions

(Get Free Report)

Financial Institutions, Inc (NASDAQ:FISI) is a financial services holding company headquartered in Western New York. Through its banking and wealth management subsidiaries, the company provides financial products and services to individuals, businesses, municipalities and nonprofit organizations.

Its principal subsidiary, Five Star Bank, offers consumer and commercial banking services, including deposit accounts, residential and commercial real estate lending, business loans, agricultural financing, personal loans, cash management and electronic banking.