Norges Bank Acquires Shares of 1,805,595 Zions Bancorporation, N.A. $ZION

Posted by George Bondi on Jun 6th, 2026

Norges Bank acquired a new stake in shares of Zions Bancorporation, N.A. (NASDAQ:ZION – Free Report) during the fourth quarter, Holdings Channel reports. The firm acquired 1,805,595 shares of the bank’s stock, valued at approximately $105,700,000.

A number of other institutional investors also recently added to or reduced their stakes in ZION. AQR Capital Management LLC boosted its holdings in Zions Bancorporation, N.A. by 31.6% during the third quarter. AQR Capital Management LLC now owns 2,963,545 shares of the bank’s stock valued at $167,677,000 after purchasing an additional 711,218 shares in the last quarter. Adage Capital Partners GP L.L.C. acquired a new stake in Zions Bancorporation, N.A. during the second quarter valued at approximately $32,008,000. Balyasny Asset Management L.P. acquired a new stake in Zions Bancorporation, N.A. during the second quarter valued at approximately $31,224,000. Mackenzie Financial Corp raised its stake in shares of Zions Bancorporation, N.A. by 2,982.2% in the third quarter. Mackenzie Financial Corp now owns 489,478 shares of the bank’s stock valued at $27,695,000 after acquiring an additional 473,597 shares during the last quarter. Finally, Arbejdsmarkedets Tillaegspension bought a new position in shares of Zions Bancorporation, N.A. in the fourth quarter valued at approximately $24,271,000. 76.84% of the stock is owned by institutional investors and hedge funds.

Zions Bancorporation, N.A. Stock Performance

ZION stock opened at $63.23 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.83 and a quick ratio of 0.83. The company has a 50 day moving average price of $61.11 and a 200 day moving average price of $59.12. Zions Bancorporation, N.A. has a fifty-two week low of $46.19 and a fifty-two week high of $66.18. The stock has a market capitalization of $9.30 billion, a PE ratio of 9.83, a price-to-earnings-growth ratio of 2.09 and a beta of 0.81.

Zions Bancorporation, N.A. (NASDAQ:ZION – Get Free Report) last posted its quarterly earnings data on Monday, April 20th. The bank reported $1.56 earnings per share for the quarter, topping the consensus estimate of $1.43 by $0.13. Zions Bancorporation, N.A. had a net margin of 19.53% and a return on equity of 13.90%. The firm had revenue of $859.00 million during the quarter, compared to analysts’ expectations of $853.73 million. During the same quarter in the previous year, the company posted $1.13 EPS. Analysts forecast that Zions Bancorporation, N.A. will post 6.44 EPS for the current year.

Zions Bancorporation, N.A. declared that its board has authorized a stock repurchase program on Saturday, May 2nd that authorizes the company to repurchase $225.00 million in shares. This repurchase authorization authorizes the bank to buy up to 2.4% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Zions Bancorporation, N.A. Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 21st. Investors of record on Thursday, May 14th were given a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 2.8%. The ex-dividend date was Thursday, May 14th. Zions Bancorporation, N.A.’s payout ratio is 27.99%.

Insiders Place Their Bets

In related news, EVP Jennifer Anne Smith sold 4,209 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $62.50, for a total value of $263,062.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.43% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. JPMorgan Chase & Co. lifted their target price on shares of Zions Bancorporation, N.A. from $62.00 to $67.00 and gave the company a “neutral” rating in a research note on Tuesday, April 21st. TD Cowen lifted their target price on shares of Zions Bancorporation, N.A. from $64.00 to $65.00 and gave the company a “hold” rating in a research note on Tuesday, April 21st. DA Davidson lifted their target price on shares of Zions Bancorporation, N.A. from $75.00 to $78.00 and gave the company a “buy” rating in a research note on Wednesday, April 22nd. Citigroup lifted their target price on shares of Zions Bancorporation, N.A. from $64.00 to $66.00 and gave the company a “neutral” rating in a research note on Wednesday, April 22nd. Finally, Morgan Stanley cut their target price on shares of Zions Bancorporation, N.A. from $75.00 to $68.00 and set an “overweight” rating for the company in a research note on Tuesday, March 31st. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $65.53.

Get Our Latest Stock Report on Zions Bancorporation, N.A.

Zions Bancorporation, N.A. Profile

(Free Report)

Zions Bancorporation, N.A. is a bank holding company headquartered in Salt Lake City, Utah, offering a full suite of banking and financial services to individuals, businesses and institutions. Through its primary subsidiary, Zions Bank, the company provides commercial banking, retail banking and wealth management solutions designed to serve the needs of small businesses, middle‐market firms and high‐net‐worth clients. Its service portfolio includes deposit accounts, cash‐management tools, lending products, mortgage origination, treasury services and investment advisory services.

The company’s commercial banking segment delivers custom credit and treasury management services, including working capital lines of credit, equipment financing and international trade finance.