Demming Financial Services Corp ADV Buys Shares of 60,491 Farmers National Banc Corp. $FMNB

Posted by Brenda Bartman on Jun 24th, 2026

Demming Financial Services Corp ADV bought a new stake in Farmers National Banc Corp. (NASDAQ:FMNB – Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 60,491 shares of the bank’s stock, valued at approximately $796,000. Farmers National Banc makes up 0.6% of Demming Financial Services Corp ADV’s portfolio, making the stock its 15th biggest holding.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. AQR Capital Management LLC boosted its stake in shares of Farmers National Banc by 94.6% in the first quarter. AQR Capital Management LLC now owns 27,870 shares of the bank’s stock worth $364,000 after acquiring an additional 13,548 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Farmers National Banc by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 21,652 shares of the bank’s stock valued at $283,000 after purchasing an additional 936 shares during the last quarter. Empowered Funds LLC raised its stake in Farmers National Banc by 50.3% in the 1st quarter. Empowered Funds LLC now owns 38,058 shares of the bank’s stock valued at $497,000 after purchasing an additional 12,735 shares during the last quarter. Jane Street Group LLC purchased a new position in Farmers National Banc in the 1st quarter valued at $830,000. Finally, Legal & General Group Plc lifted its holdings in Farmers National Banc by 18.2% in the 2nd quarter. Legal & General Group Plc now owns 36,462 shares of the bank’s stock valued at $503,000 after purchasing an additional 5,612 shares in the last quarter. Hedge funds and other institutional investors own 38.72% of the company’s stock.

Insider Activity at Farmers National Banc

In other news, Director Michael C. Voinovich sold 23,309 shares of Farmers National Banc stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $14.21, for a total transaction of $331,220.89. The transaction was disclosed in a document filed with the SEC, which is available at this link. 3.50% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on FMNB shares. Weiss Ratings raised shares of Farmers National Banc from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, May 8th. Piper Sandler increased their target price on shares of Farmers National Banc from $14.00 to $16.00 and gave the company a “neutral” rating in a research report on Thursday, April 23rd. Wall Street Zen raised shares of Farmers National Banc from a “hold” rating to a “buy” rating in a research note on Saturday. Finally, Zacks Research upgraded shares of Farmers National Banc from a “strong sell” rating to a “hold” rating in a research report on Friday, April 3rd. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $16.00.

View Our Latest Analysis on FMNB

Farmers National Banc Price Performance

FMNB stock opened at $14.39 on Wednesday. Farmers National Banc Corp. has a 1 year low of $12.12 and a 1 year high of $15.50. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.79 and a quick ratio of 0.79. The firm has a market capitalization of $852.18 million, a PE ratio of 9.92 and a beta of 0.76. The business has a 50 day simple moving average of $14.11 and a 200-day simple moving average of $13.63.

Farmers National Banc (NASDAQ:FMNB – Get Free Report) last announced its quarterly earnings data on Wednesday, April 22nd. The bank reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.37 by $0.08. The firm had revenue of $56.26 million for the quarter, compared to the consensus estimate of $55.30 million. Farmers National Banc had a return on equity of 11.99% and a net margin of 19.55%. Equities research analysts anticipate that Farmers National Banc Corp. will post 1.62 earnings per share for the current fiscal year.

Farmers National Banc Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, June 12th will be paid a $0.17 dividend. The ex-dividend date of this dividend is Friday, June 12th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 4.7%. Farmers National Banc’s dividend payout ratio (DPR) is 46.90%.

About Farmers National Banc

(Free Report)

Farmers National Banc Corp. operates as the bank holding company for Farmers National Bank, a community-oriented financial institution headquartered in Ada, Ohio. The company provides a comprehensive suite of banking services through a network of branches serving rural and small-town markets across central Ohio. Its local decision-making model emphasizes personalized customer service and close ties to the communities it serves.

The company’s primary business activities include the origination of commercial loans, consumer installment loans, agricultural financing, and residential mortgages.