Commonwealth Equity Services LLC Purchases New Shares in Beacon Financial Corporation $BBT

Posted by George Bondi on Jun 9th, 2026

Commonwealth Equity Services LLC purchased a new stake in Beacon Financial Corporation (NYSE:BBT – Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 139,837 shares of the company’s stock, valued at approximately $3,687,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Montag A & Associates Inc. purchased a new stake in Beacon Financial in the 4th quarter valued at $25,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in Beacon Financial in the 4th quarter valued at $30,000. TD Private Client Wealth LLC purchased a new stake in Beacon Financial in the 4th quarter valued at $32,000. EverSource Wealth Advisors LLC purchased a new stake in Beacon Financial in the 4th quarter valued at $34,000. Finally, Trust Co. of Vermont purchased a new stake in Beacon Financial in the 4th quarter valued at $35,000. Hedge funds and other institutional investors own 83.07% of the company’s stock.

Beacon Financial Stock Performance

Shares of BBT opened at $29.15 on Tuesday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.01 and a current ratio of 1.01. The stock has a market capitalization of $2.44 billion, a P/E ratio of 24.09 and a beta of 0.56. The company’s fifty day moving average is $29.84 and its two-hundred day moving average is $28.72. Beacon Financial Corporation has a 1 year low of $22.81 and a 1 year high of $32.83.

Beacon Financial (NYSE:BBT – Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $0.70 earnings per share for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.13). Beacon Financial had a return on equity of 9.02% and a net margin of 6.97%.The company had revenue of $214.72 million for the quarter. On average, sell-side analysts predict that Beacon Financial Corporation will post 3.13 earnings per share for the current year.

Beacon Financial declared that its board has authorized a share buyback program on Wednesday, April 29th that authorizes the company to buyback $50.00 million in outstanding shares. This buyback authorization authorizes the company to purchase up to 1.9% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s leadership believes its stock is undervalued.

Beacon Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 15th were paid a dividend of $0.3225 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $1.29 dividend on an annualized basis and a dividend yield of 4.4%. Beacon Financial’s dividend payout ratio is 106.61%.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on BBT. Weiss Ratings raised shares of Beacon Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, March 18th. Zacks Research cut shares of Beacon Financial from a “hold” rating to a “strong sell” rating in a research note on Tuesday, May 5th. Royal Bank Of Canada dropped their price objective on shares of Beacon Financial from $33.00 to $31.00 and set a “sector perform” rating on the stock in a research note on Friday, May 1st. Raymond James Financial cut shares of Beacon Financial from a “strong-buy” rating to a “market perform” rating in a research note on Friday, May 1st. Finally, Keefe, Bruyette & Woods dropped their price objective on shares of Beacon Financial from $36.00 to $33.00 and set an “outperform” rating on the stock in a research note on Friday, May 1st. Three analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Beacon Financial currently has a consensus rating of “Hold” and a consensus target price of $31.75.

Check Out Our Latest Stock Report on Beacon Financial

About Beacon Financial

(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.