Beacon Financial (NYSE:BBT) Stock: Insider Margaret Boles Fitzgerald Buys 329 Shares

Posted by Stanley Muller on Oct 30th, 2026

Beacon Financial Corporation (NYSE:BBT – Get Free Report) Director Margaret Boles Fitzgerald bought 329 shares of the stock in a transaction on Tuesday, October 27th. The stock was acquired at an average cost of $30.77 per share, for a total transaction of $10,123.33. Following the acquisition, the director directly owned 18,909 shares in the company, valued at approximately $581,829.93. The trade was a 1.77% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Beacon Financial Stock Up 0.9%

BBT opened at $30.64 on Friday. Beacon Financial Corporation has a 1-year low of $22.81 and a 1-year high of $32.83. The company has a current ratio of 0.98, a quick ratio of 1.00 and a debt-to-equity ratio of 0.31. The stock has a market capitalization of $2.57 billion, a price-to-earnings ratio of 10.03 and a beta of 0.60. The business has a 50 day moving average of $29.59 and a 200-day moving average of $29.87.

Beacon Financial (NYSE:BBT – Get Free Report) last announced its earnings results on Wednesday, October 21st. The company reported $0.77 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.01). The company had revenue of $222.60 million for the quarter. Beacon Financial had a return on equity of 10.09% and a net margin of 17.33%. As a group, sell-side analysts anticipate that Beacon Financial Corporation will post 3.00 earnings per share for the current year.

Beacon Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, November 20th. Investors of record on Friday, November 6th will be paid a dividend of $0.3225 per share. This represents a $1.29 annualized dividend and a yield of 4.2%. The ex-dividend date is Friday, November 6th. Beacon Financial’s payout ratio is currently 47.96%.

Institutional Investors Weigh In On Beacon Financial

Several institutional investors and hedge funds have recently made changes to their positions in BBT. Hennessy Advisors Inc. grew its holdings in shares of Beacon Financial by 0.9% in the 3rd quarter. Hennessy Advisors Inc. now owns 116,000 shares of the company’s stock worth $3,247,000 after purchasing an additional 1,000 shares during the last quarter. Plimoth Trust Co. LLC increased its holdings in shares of Beacon Financial by 38.7% during the third quarter. Plimoth Trust Co. LLC now owns 10,544 shares of the company’s stock worth $295,000 after buying an additional 2,940 shares in the last quarter. Sterling Capital Management LLC increased its holdings in shares of Beacon Financial by 32.2% during the third quarter. Sterling Capital Management LLC now owns 1,890 shares of the company’s stock worth $53,000 after buying an additional 460 shares in the last quarter. Clark Financial Services Group Inc. BD raised its stake in shares of Beacon Financial by 17.7% in the third quarter. Clark Financial Services Group Inc. BD now owns 17,981 shares of the company’s stock valued at $503,000 after acquiring an additional 2,709 shares during the last quarter. Finally, SummerHaven Investment Management LLC bought a new position in shares of Beacon Financial in the third quarter valued at approximately $910,000. Institutional investors and hedge funds own 83.07% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on BBT shares. Royal Bank Of Canada raised their target price on Beacon Financial from $31.00 to $33.00 and gave the stock a “sector perform” rating in a research report on Friday, October 23rd. Piper Sandler boosted their price target on shares of Beacon Financial from $33.00 to $35.00 and gave the company an “overweight” rating in a report on Tuesday. Weiss Ratings upgraded shares of Beacon Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, October 15th. Finally, Zacks Research upgraded shares of Beacon Financial from a “strong sell” rating to a “hold” rating in a research note on Friday, July 3rd. Three investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $32.75.

Get Our Latest Research Report on BBT

About Beacon Financial

(Get 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.