Royce & Associates LP Reduces Holdings in Seacoast Banking Corporation of Florida $SBCF

Posted by Francis Steltz on May 26th, 2026

Royce & Associates LP lowered its holdings in Seacoast Banking Corporation of Florida (NASDAQ:SBCF – Free Report) by 18.6% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 1,011,225 shares of the financial services provider’s stock after selling 231,060 shares during the period. Royce & Associates LP’s holdings in Seacoast Banking Corporation of Florida were worth $31,773,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Vanguard Group Inc. lifted its holdings in Seacoast Banking Corporation of Florida by 11.1% in the 4th quarter. Vanguard Group Inc. now owns 7,088,869 shares of the financial services provider’s stock worth $222,732,000 after buying an additional 705,554 shares during the period. Wellington Management Group LLP lifted its holdings in Seacoast Banking Corporation of Florida by 58.6% in the 3rd quarter. Wellington Management Group LLP now owns 5,482,250 shares of the financial services provider’s stock worth $166,825,000 after buying an additional 2,025,988 shares during the period. Dimensional Fund Advisors LP lifted its holdings in Seacoast Banking Corporation of Florida by 3.2% in the 3rd quarter. Dimensional Fund Advisors LP now owns 3,098,370 shares of the financial services provider’s stock worth $94,284,000 after buying an additional 95,529 shares during the period. Deprince Race & Zollo Inc. lifted its holdings in Seacoast Banking Corporation of Florida by 3.5% in the 4th quarter. Deprince Race & Zollo Inc. now owns 2,224,435 shares of the financial services provider’s stock worth $69,892,000 after buying an additional 76,192 shares during the period. Finally, GW&K Investment Management LLC lifted its holdings in Seacoast Banking Corporation of Florida by 5.5% in the 3rd quarter. GW&K Investment Management LLC now owns 1,489,081 shares of the financial services provider’s stock worth $45,313,000 after buying an additional 78,285 shares during the period. Hedge funds and other institutional investors own 81.77% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Piper Sandler dropped their price objective on Seacoast Banking Corporation of Florida from $33.50 to $32.50 and set a “neutral” rating for the company in a report on Thursday, April 30th. Wall Street Zen cut Seacoast Banking Corporation of Florida from a “hold” rating to a “sell” rating in a report on Monday. Weiss Ratings upgraded Seacoast Banking Corporation of Florida from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, March 23rd. Finally, Keefe, Bruyette & Woods increased their price objective on Seacoast Banking Corporation of Florida from $36.00 to $38.00 and gave the stock an “outperform” rating in a report on Monday, February 2nd. Three analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, Seacoast Banking Corporation of Florida has a consensus rating of “Moderate Buy” and a consensus price target of $33.13.

Get Our Latest Report on SBCF

Seacoast Banking Corporation of Florida Stock Performance

SBCF opened at $30.49 on Tuesday. The stock has a market cap of $2.97 billion, a PE ratio of 20.06 and a beta of 0.88. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.33. The business has a 50 day moving average of $30.86 and a 200-day moving average of $31.79. Seacoast Banking Corporation of Florida has a 52 week low of $24.04 and a 52 week high of $35.55.

Seacoast Banking Corporation of Florida (NASDAQ:SBCF – Get Free Report) last released its earnings results on Tuesday, April 28th. The financial services provider reported $0.62 EPS for the quarter, beating analysts’ consensus estimates of $0.58 by $0.04. The company had revenue of $205.10 million during the quarter, compared to analysts’ expectations of $205.51 million. Seacoast Banking Corporation of Florida had a return on equity of 8.23% and a net margin of 14.42%.The firm’s revenue for the quarter was up 45.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.38 EPS. Equities research analysts predict that Seacoast Banking Corporation of Florida will post 2.49 earnings per share for the current fiscal year.

Seacoast Banking Corporation of Florida Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date is Monday, June 15th. Seacoast Banking Corporation of Florida’s dividend payout ratio (DPR) is presently 50.00%.

Insider Transactions at Seacoast Banking Corporation of Florida

In other news, Director Dennis S. Hudson III sold 8,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $31.34, for a total value of $250,720.00. Following the completion of the transaction, the director owned 236,854 shares in the company, valued at $7,423,004.36. This trade represents a 3.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Charles M. Shaffer sold 10,367 shares of the firm’s stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $30.88, for a total value of $320,132.96. Following the completion of the transaction, the chief executive officer owned 174,113 shares of the company’s stock, valued at approximately $5,376,609.44. The trade was a 5.62% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 38,554 shares of company stock worth $1,221,865. 1.50% of the stock is owned by company insiders.

Seacoast Banking Corporation of Florida Company Profile

(Free Report)

Seacoast Banking Corporation of Florida operates as a bank holding company through its principal subsidiary, Seacoast National Bank. Headquartered in Stuart, Florida, Seacoast National Bank provides a full range of commercial and retail banking services across the coastal region of Florida. Its network of branches serves customers from Martin County through Miami-Dade County, offering deposit accounts, lending solutions, cash management and payment services to individuals, small businesses and middle-market companies.

In addition to traditional banking, Seacoast offers specialized mortgage lending and wealth management services.