Aristotle Capital Boston LLC Has $16.71 Million Holdings in First Interstate BancSystem, Inc. $FIBK

Posted by Geri Gentry on Jun 18th, 2026

Aristotle Capital Boston LLC cut its position in First Interstate BancSystem, Inc. (NASDAQ:FIBK – Free Report) by 9.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 483,036 shares of the financial services provider’s stock after selling 49,373 shares during the quarter. Aristotle Capital Boston LLC’s holdings in First Interstate BancSystem were worth $16,713,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Northern Capital Management Inc. grew its stake in First Interstate BancSystem by 0.5% in the 4th quarter. Northern Capital Management Inc. now owns 52,100 shares of the financial services provider’s stock valued at $1,803,000 after buying an additional 275 shares during the last quarter. HighTower Advisors LLC grew its stake in First Interstate BancSystem by 2.7% in the 4th quarter. HighTower Advisors LLC now owns 14,177 shares of the financial services provider’s stock valued at $491,000 after buying an additional 375 shares during the last quarter. Alliancebernstein L.P. grew its stake in First Interstate BancSystem by 0.4% in the 3rd quarter. Alliancebernstein L.P. now owns 108,600 shares of the financial services provider’s stock valued at $3,461,000 after buying an additional 397 shares during the last quarter. First Horizon Corp boosted its holdings in First Interstate BancSystem by 56.0% in the 4th quarter. First Horizon Corp now owns 1,268 shares of the financial services provider’s stock valued at $44,000 after purchasing an additional 455 shares during the period. Finally, GAMMA Investing LLC boosted its holdings in First Interstate BancSystem by 49.6% in the 4th quarter. GAMMA Investing LLC now owns 1,556 shares of the financial services provider’s stock valued at $54,000 after purchasing an additional 516 shares during the period. 88.71% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have weighed in on FIBK shares. Weiss Ratings downgraded shares of First Interstate BancSystem from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday. DA Davidson downgraded shares of First Interstate BancSystem from a “buy” rating to a “neutral” rating and reduced their price target for the company from $41.00 to $39.00 in a report on Wednesday, May 27th. Wall Street Zen raised shares of First Interstate BancSystem from a “strong sell” rating to a “sell” rating in a report on Saturday, June 6th. Keefe, Bruyette & Woods reissued a “market perform” rating and issued a $37.00 price target (down from $38.00) on shares of First Interstate BancSystem in a report on Friday, May 1st. Finally, UBS Group increased their price target on shares of First Interstate BancSystem from $30.00 to $33.00 and gave the company a “sell” rating in a report on Friday, May 1st. Two equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $37.00.

Check Out Our Latest Research Report on FIBK

First Interstate BancSystem Price Performance

NASDAQ:FIBK opened at $35.64 on Thursday. The company has a 50-day moving average of $35.13 and a 200-day moving average of $35.34. The company has a market capitalization of $3.46 billion, a price-to-earnings ratio of 11.61 and a beta of 0.76. First Interstate BancSystem, Inc. has a 52 week low of $25.81 and a 52 week high of $39.26. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.70 and a current ratio of 0.70.

First Interstate BancSystem (NASDAQ:FIBK – Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The financial services provider reported $0.61 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.01. The company had revenue of $5.10 million during the quarter, compared to the consensus estimate of $242.78 million. First Interstate BancSystem had a net margin of 22.64% and a return on equity of 9.13%. During the same period last year, the firm earned $0.49 EPS. As a group, equities research analysts anticipate that First Interstate BancSystem, Inc. will post 2.66 earnings per share for the current fiscal year.

First Interstate BancSystem Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 21st. Stockholders of record on Monday, May 11th were issued a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date of this dividend was Monday, May 11th. First Interstate BancSystem’s dividend payout ratio (DPR) is presently 61.24%.

Insider Activity at First Interstate BancSystem

In other news, major shareholder Jonathan R. Scott sold 12,892 shares of the firm’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $35.58, for a total transaction of $458,697.36. Following the completion of the transaction, the insider directly owned 866,628 shares of the company’s stock, valued at approximately $30,834,624.24. This trade represents a 1.47% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 8.00% of the company’s stock.

About First Interstate BancSystem

(Free Report)

First Interstate BancSystem, Inc is a bank holding company headquartered in Billings, Montana. Through its principal subsidiary, First Interstate Bank, the company provides a full range of commercial and consumer banking services. Its offerings include business lending, commercial real estate financing, agricultural loans, residential mortgage products, and deposit accounts suitable for individuals, small businesses, and large corporations.

The company traces its roots back to the late 1960s and has grown through a combination of organic expansion and strategic acquisitions across the Western United States.