Nicolet Bankshares (NYSE:NIC) Hits New 12-Month High – Here’s Why

Posted by Stanley Muller on Jun 26th, 2026

Nicolet Bankshares Inc. (NYSE:NIC – Get Free Report)’s stock price reached a new 52-week high during mid-day trading on Friday . The company traded as high as $163.72 and last traded at $163.2210, with a volume of 750614 shares changing hands. The stock had previously closed at $161.35.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Zacks Research raised shares of Nicolet Bankshares from a “strong sell” rating to a “hold” rating in a report on Monday. Raymond James Financial began coverage on Nicolet Bankshares in a report on Tuesday. They set a “market perform” rating on the stock. Piper Sandler reduced their price objective on shares of Nicolet Bankshares from $185.00 to $183.00 and set an “overweight” rating for the company in a report on Wednesday, April 22nd. Hovde Group decreased their target price on shares of Nicolet Bankshares from $190.00 to $180.00 and set an “outperform” rating for the company in a research report on Thursday, April 23rd. Finally, Weiss Ratings downgraded shares of Nicolet Bankshares from a “buy (b+)” rating to a “buy (b)” rating in a research report on Monday, May 18th. Five analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, Nicolet Bankshares presently has a consensus rating of “Moderate Buy” and an average price target of $176.50.

Read Our Latest Research Report on NIC

Nicolet Bankshares Trading Up 1.2%

The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.08. The company has a 50-day moving average price of $145.46 and a 200 day moving average price of $143.44. The firm has a market cap of $3.47 billion, a price-to-earnings ratio of 19.13 and a beta of 0.67.

Nicolet Bankshares (NYSE:NIC – Get Free Report) last posted its quarterly earnings results on Tuesday, April 21st. The company reported $2.75 EPS for the quarter, missing the consensus estimate of $2.98 by ($0.23). Nicolet Bankshares had a return on equity of 11.48% and a net margin of 21.89%.The company had revenue of $134.85 million for the quarter, compared to analyst estimates of $129.74 million. As a group, research analysts anticipate that Nicolet Bankshares Inc. will post 11.75 earnings per share for the current fiscal year.

Nicolet Bankshares Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were issued a $0.36 dividend. This is a boost from Nicolet Bankshares’s previous quarterly dividend of $0.32. This represents a $1.44 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Monday, June 1st. Nicolet Bankshares’s dividend payout ratio is currently 16.88%.

Hedge Funds Weigh In On Nicolet Bankshares

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC raised its position in shares of Nicolet Bankshares by 3,940.0% in the second quarter. EverSource Wealth Advisors LLC now owns 202 shares of the company’s stock valued at $25,000 after purchasing an additional 197 shares during the period. Meeder Asset Management Inc. acquired a new position in Nicolet Bankshares in the 4th quarter valued at $48,000. Clearstead Advisors LLC raised its holdings in Nicolet Bankshares by 192.9% in the 4th quarter. Clearstead Advisors LLC now owns 451 shares of the company’s stock worth $55,000 after acquiring an additional 297 shares during the period. Parallel Advisors LLC lifted its position in Nicolet Bankshares by 151.9% during the 1st quarter. Parallel Advisors LLC now owns 607 shares of the company’s stock worth $90,000 after acquiring an additional 366 shares during the last quarter. Finally, UMB Bank n.a. acquired a new position in Nicolet Bankshares during the 4th quarter worth $102,000. Institutional investors and hedge funds own 43.06% of the company’s stock.

Nicolet Bankshares Company Profile

(Get Free Report)

Nicolet Bankshares, Inc is a bank holding company headquartered in Green Bay, Wisconsin. Through its subsidiary, Nicolet National Bank, it provides a range of commercial and consumer banking services to businesses, individuals and nonprofit organizations across northeastern Wisconsin and the Upper Peninsula of Michigan. The company’s branch network, digital banking platform and commercial lending centers support its focus on community banking and regional growth.

The company offers deposit products such as checking, savings and money market accounts, alongside consumer and commercial lending solutions.