45,500 Shares in Peapack-Gladstone Financial Corporation $PGC Bought by PL Capital Advisors LLC

Posted by Geri Gentry on May 28th, 2026

PL Capital Advisors LLC acquired a new position in shares of Peapack-Gladstone Financial Corporation (NASDAQ:PGC – Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 45,500 shares of the financial services provider’s stock, valued at approximately $1,267,000. Peapack-Gladstone Financial comprises approximately 0.4% of PL Capital Advisors LLC’s holdings, making the stock its 18th biggest position. PL Capital Advisors LLC owned 0.26% of Peapack-Gladstone Financial at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. State of Alaska Department of Revenue lifted its position in shares of Peapack-Gladstone Financial by 431.5% during the 4th quarter. State of Alaska Department of Revenue now owns 3,768 shares of the financial services provider’s stock worth $104,000 after buying an additional 3,059 shares during the last quarter. Aquatic Capital Management LLC lifted its position in shares of Peapack-Gladstone Financial by 23.1% during the 3rd quarter. Aquatic Capital Management LLC now owns 5,240 shares of the financial services provider’s stock worth $145,000 after buying an additional 985 shares during the last quarter. Quantbot Technologies LP lifted its position in shares of Peapack-Gladstone Financial by 68.0% during the 3rd quarter. Quantbot Technologies LP now owns 7,381 shares of the financial services provider’s stock worth $204,000 after buying an additional 2,987 shares during the last quarter. Inscription Capital LLC bought a new stake in shares of Peapack-Gladstone Financial during the 4th quarter worth $210,000. Finally, SG Americas Securities LLC lifted its position in shares of Peapack-Gladstone Financial by 81.6% during the 4th quarter. SG Americas Securities LLC now owns 9,454 shares of the financial services provider’s stock worth $263,000 after buying an additional 4,247 shares during the last quarter. 72.75% of the stock is currently owned by institutional investors.

Peapack-Gladstone Financial Trading Down 1.4%

Peapack-Gladstone Financial stock opened at $43.21 on Thursday. The company has a market capitalization of $765.68 million, a PE ratio of 17.42 and a beta of 0.72. Peapack-Gladstone Financial Corporation has a 12 month low of $24.42 and a 12 month high of $44.30. The stock has a 50-day moving average price of $39.16 and a two-hundred day moving average price of $33.31.

Peapack-Gladstone Financial (NASDAQ:PGC – Get Free Report) last posted its earnings results on Wednesday, April 22nd. The financial services provider reported $0.80 EPS for the quarter, beating the consensus estimate of $0.66 by $0.14. The firm had revenue of $82.49 million during the quarter, compared to the consensus estimate of $79.17 million. Peapack-Gladstone Financial had a return on equity of 6.75% and a net margin of 9.60%. As a group, analysts predict that Peapack-Gladstone Financial Corporation will post 3.69 earnings per share for the current fiscal year.

Peapack-Gladstone Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 21st. Stockholders of record on Thursday, May 7th were given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Thursday, May 7th. Peapack-Gladstone Financial’s dividend payout ratio (DPR) is 8.06%.

Wall Street Analyst Weigh In

Several research firms have commented on PGC. Keefe, Bruyette & Woods increased their target price on Peapack-Gladstone Financial from $35.00 to $40.00 and gave the company an “outperform” rating in a research report on Monday, February 2nd. Piper Sandler increased their target price on Peapack-Gladstone Financial from $39.00 to $41.00 and gave the company an “overweight” rating in a research report on Thursday, April 2nd. Finally, Weiss Ratings upgraded Peapack-Gladstone Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, May 12th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $40.50.

Check Out Our Latest Analysis on Peapack-Gladstone Financial

About Peapack-Gladstone Financial

(Free Report)

Peapack-Gladstone Financial Corporation is the parent company of Peapack-Gladstone Bank, a New Jersey-chartered commercial bank headquartered in Bedminster, New Jersey, that trades on the NASDAQ under the symbol PGC. Through Peapack-Gladstone Bank, the company offers a broad range of deposit and lending solutions, including checking and savings accounts, residential and commercial real estate loans, lines of credit and treasury management services. Clients benefit from both in-branch relationship banking and an expanding suite of digital banking tools designed to support personal and business financial needs.

Complementing its core banking operations, Peapack-Gladstone Financial provides wealth management, trust and financial planning services through its subsidiary, Peapack-Gladstone Wealth Management.