Heritage Financial (NASDAQ:HFWA) CFO Sells $108,997.54 in Stock

Posted by Brenda Bartman on Jun 10th, 2026

Heritage Financial Corporation (NASDAQ:HFWA – Get Free Report) CFO Donald Hinson sold 3,842 shares of the business’s stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $28.37, for a total value of $108,997.54. Following the completion of the sale, the chief financial officer owned 41,241 shares of the company’s stock, valued at $1,170,007.17. This trade represents a 8.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Heritage Financial Price Performance

Shares of NASDAQ:HFWA traded up $0.39 during trading on Wednesday, reaching $28.73. 145,380 shares of the company traded hands, compared to its average volume of 282,319. The company’s 50 day moving average is $27.07 and its two-hundred day moving average is $26.04. The firm has a market capitalization of $1.18 billion, a PE ratio of 14.08 and a beta of 0.49. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.04. Heritage Financial Corporation has a 52 week low of $21.32 and a 52 week high of $28.98.

Heritage Financial (NASDAQ:HFWA – Get Free Report) last issued its earnings results on Thursday, April 23rd. The financial services provider reported $0.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.57 by $0.02. The business had revenue of $77.92 million during the quarter, compared to analysts’ expectations of $80.31 million. Heritage Financial had a return on equity of 8.71% and a net margin of 20.50%. As a group, sell-side analysts predict that Heritage Financial Corporation will post 2.39 earnings per share for the current year.

Heritage Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 20th. Investors of record on Wednesday, May 6th were paid a dividend of $0.24 per share. The ex-dividend date of this dividend was Wednesday, May 6th. This represents a $0.96 annualized dividend and a yield of 3.3%. Heritage Financial’s dividend payout ratio (DPR) is currently 47.06%.

Hedge Funds Weigh In On Heritage Financial

Several hedge funds have recently made changes to their positions in the stock. Deprince Race & Zollo Inc. lifted its stake in shares of Heritage Financial by 71.4% in the 4th quarter. Deprince Race & Zollo Inc. now owns 120,867 shares of the financial services provider’s stock valued at $2,859,000 after acquiring an additional 50,353 shares during the last quarter. Victory Capital Management Inc. lifted its stake in shares of Heritage Financial by 9.2% in the 3rd quarter. Victory Capital Management Inc. now owns 2,626,334 shares of the financial services provider’s stock valued at $63,531,000 after acquiring an additional 220,273 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Heritage Financial by 1.9% in the 4th quarter. Vanguard Group Inc. now owns 2,412,325 shares of the financial services provider’s stock valued at $57,051,000 after acquiring an additional 45,422 shares during the last quarter. Algebris UK Ltd. lifted its stake in shares of Heritage Financial by 16.8% in the 4th quarter. Algebris UK Ltd. now owns 520,686 shares of the financial services provider’s stock valued at $12,320,000 after acquiring an additional 74,926 shares during the last quarter. Finally, Jennison Associates LLC lifted its stake in shares of Heritage Financial by 0.9% in the 4th quarter. Jennison Associates LLC now owns 3,107,165 shares of the financial services provider’s stock valued at $73,484,000 after acquiring an additional 27,143 shares during the last quarter. 78.30% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Piper Sandler decreased their price target on Heritage Financial from $34.00 to $32.00 and set an “overweight” rating for the company in a research report on Monday, April 27th. Weiss Ratings raised Heritage Financial from a “hold (c)” rating to a “buy (b-)” rating in a research report on Monday, March 2nd. Zacks Research downgraded Heritage Financial from a “hold” rating to a “strong sell” rating in a research report on Thursday, April 30th. Finally, Wall Street Zen upgraded Heritage Financial from a “sell” rating to a “hold” rating in a research note on Saturday, May 16th. Three investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Heritage Financial presently has an average rating of “Hold” and a consensus target price of $30.50.

Check Out Our Latest Stock Analysis on HFWA

Heritage Financial Company Profile

(Get Free Report)

Heritage Financial Corporation (NASDAQ:HFWA) is a bank holding company headquartered in Spokane, Washington. Through its primary subsidiary, Heritage Bank, the company provides a comprehensive range of banking and financial services to both individual and commercial clients. Heritage Bank’s offerings encompass deposit products, lending solutions, treasury and cash management services, mortgage banking, and wealth management, positioning the organization as a full-service community bank.

The company’s lending portfolio includes commercial real estate loans, agricultural loans, small business administration (SBA) loans, construction and development financing, and a variety of consumer mortgage products.