GSA Capital Partners LLP Buys 22,048 Shares of NBT Bancorp Inc. $NBTB

Posted by Stanley Muller on May 21st, 2026

GSA Capital Partners LLP lifted its stake in NBT Bancorp Inc. (NASDAQ:NBTB – Free Report) by 316.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 29,006 shares of the bank’s stock after purchasing an additional 22,048 shares during the quarter. GSA Capital Partners LLP’s holdings in NBT Bancorp were worth $1,204,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. EverSource Wealth Advisors LLC boosted its position in shares of NBT Bancorp by 1,645.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 646 shares of the bank’s stock worth $27,000 after purchasing an additional 609 shares in the last quarter. Larson Financial Group LLC boosted its position in shares of NBT Bancorp by 13,316.7% in the 3rd quarter. Larson Financial Group LLC now owns 805 shares of the bank’s stock worth $34,000 after purchasing an additional 799 shares in the last quarter. Flagship Wealth Advisors LLC bought a new stake in shares of NBT Bancorp in the 3rd quarter worth approximately $42,000. Allworth Financial LP bought a new position in NBT Bancorp in the 3rd quarter valued at approximately $46,000. Finally, Cloud Capital Management LLC bought a new position in NBT Bancorp in the 3rd quarter valued at approximately $66,000. 58.46% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms recently issued reports on NBTB. Hovde Group lowered their price objective on NBT Bancorp from $47.00 to $46.50 and set a “market perform” rating on the stock in a research report on Monday, April 27th. Piper Sandler began coverage on NBT Bancorp in a research report on Monday, March 16th. They issued an “overweight” rating and a $50.00 price objective on the stock. Brean Capital cut NBT Bancorp from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 20th. Weiss Ratings raised NBT Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, April 24th. Finally, DA Davidson reaffirmed a “buy” rating and issued a $52.00 price objective on shares of NBT Bancorp in a research report on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, NBT Bancorp has an average rating of “Moderate Buy” and a consensus price target of $49.50.

Check Out Our Latest Research Report on NBT Bancorp

NBT Bancorp Stock Performance

NBTB stock opened at $45.57 on Thursday. The stock has a market capitalization of $2.37 billion, a PE ratio of 12.98 and a beta of 0.47. NBT Bancorp Inc. has a 12-month low of $39.19 and a 12-month high of $46.92. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.09. The stock’s 50 day simple moving average is $43.66 and its 200 day simple moving average is $43.25.

NBT Bancorp (NASDAQ:NBTB – Get Free Report) last announced its earnings results on Thursday, April 23rd. The bank reported $0.97 earnings per share for the quarter, missing analysts’ consensus estimates of $0.98 by ($0.01). The company had revenue of $184.48 million for the quarter, compared to analysts’ expectations of $185.36 million. NBT Bancorp had a net margin of 19.59% and a return on equity of 11.06%. As a group, research analysts forecast that NBT Bancorp Inc. will post 4.15 earnings per share for the current fiscal year.

NBT Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be paid a dividend of $0.37 per share. The ex-dividend date is Monday, June 1st. This represents a $1.48 dividend on an annualized basis and a yield of 3.2%. NBT Bancorp’s payout ratio is currently 42.17%.

NBT Bancorp Profile

(Free Report)

NBT Bancorp, Inc (NASDAQ: NBTB) is the bank holding company for NBT Bank, N.A., a full-service commercial bank that serves both individual and corporate clients across the Northeastern United States. Through its branch network and digital channels, the company offers a comprehensive range of commercial banking services, including business lending, treasury management, cash management and specialized industry financing. Its consumer banking platform provides checking and savings accounts, certificates of deposit, home mortgages, home equity lines of credit and other lending solutions tailored to meet personal and household financial needs.

In addition to traditional banking, NBT Bancorp delivers wealth management and fiduciary services through its trust division, offering investment advisory, trust administration, retirement planning and estate settlement.