Copeland Capital Management LLC Cuts Position in Prosperity Bancshares, Inc. $PB

Posted by Geri Gentry on Jul 18th, 2026

Copeland Capital Management LLC decreased its holdings in shares of Prosperity Bancshares, Inc. (NYSE:PB – Free Report) by 3.6% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 360,290 shares of the bank’s stock after selling 13,322 shares during the period. Copeland Capital Management LLC owned 0.36% of Prosperity Bancshares worth $24,204,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. AQR Capital Management LLC boosted its position in shares of Prosperity Bancshares by 175.1% in the 2nd quarter. AQR Capital Management LLC now owns 2,383,162 shares of the bank’s stock worth $167,393,000 after purchasing an additional 1,516,939 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC increased its position in Prosperity Bancshares by 910.4% during the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,311,051 shares of the bank’s stock valued at $90,607,000 after buying an additional 1,181,295 shares in the last quarter. Artisan Partners Limited Partnership purchased a new position in Prosperity Bancshares during the fourth quarter valued at $44,822,000. Norges Bank purchased a new position in Prosperity Bancshares during the fourth quarter valued at $37,645,000. Finally, First Trust Advisors LP boosted its holdings in Prosperity Bancshares by 119.3% in the fourth quarter. First Trust Advisors LP now owns 900,247 shares of the bank’s stock worth $62,216,000 after acquiring an additional 489,798 shares in the last quarter. 80.69% of the stock is currently owned by hedge funds and other institutional investors.

Prosperity Bancshares Stock Performance

Shares of PB opened at $73.48 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.76 and a quick ratio of 0.76. Prosperity Bancshares, Inc. has a one year low of $61.06 and a one year high of $77.20. The firm has a market capitalization of $7.41 billion, a P/E ratio of 13.31, a PEG ratio of 1.20 and a beta of 0.63. The business has a fifty day moving average of $70.53 and a 200 day moving average of $70.06.

Prosperity Bancshares (NYSE:PB – Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The bank reported $1.50 EPS for the quarter, beating analysts’ consensus estimates of $1.41 by $0.09. Prosperity Bancshares had a return on equity of 7.20% and a net margin of 29.50%.The company had revenue of $367.62 million during the quarter, compared to analysts’ expectations of $358.60 million. During the same quarter in the prior year, the business earned $1.37 earnings per share. Prosperity Bancshares’s revenue for the quarter was up 19.9% compared to the same quarter last year. As a group, sell-side analysts anticipate that Prosperity Bancshares, Inc. will post 6.25 EPS for the current year.

Prosperity Bancshares Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th were given a dividend of $0.60 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $2.40 annualized dividend and a dividend yield of 3.3%. Prosperity Bancshares’s dividend payout ratio is presently 43.48%.

Insider Activity at Prosperity Bancshares

In other news, Director Ned S. Holmes sold 600 shares of the stock in a transaction that occurred on Wednesday, July 8th. The shares were sold at an average price of $70.61, for a total value of $42,366.00. Following the transaction, the director owned 39,800 shares in the company, valued at $2,810,278. This represents a 1.49% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Over the last ninety days, insiders have sold 13,200 shares of company stock worth $926,152. 3.96% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts have recently commented on PB shares. Benchmark began coverage on Prosperity Bancshares in a research note on Wednesday, June 24th. They issued a “hold” rating on the stock. Piper Sandler lifted their price target on Prosperity Bancshares from $74.00 to $75.00 and gave the stock a “neutral” rating in a research report on Thursday, April 30th. Morgan Stanley reiterated an “equal weight” rating and issued a $80.00 price target (down from $85.00) on shares of Prosperity Bancshares in a research note on Monday, July 6th. Citigroup increased their price objective on shares of Prosperity Bancshares from $74.00 to $75.00 and gave the company a “neutral” rating in a research report on Thursday, June 25th. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $80.00 price objective on shares of Prosperity Bancshares in a research note on Tuesday, June 23rd. Five investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Prosperity Bancshares has a consensus rating of “Hold” and a consensus target price of $76.36.

Read Our Latest Analysis on PB

About Prosperity Bancshares

(Free Report)

Prosperity Bancshares, Inc is a holding company for Prosperity Bank, offering a broad range of commercial and consumer banking services across Texas, Oklahoma, Arkansas and Louisiana. Through its network of branches and digital platforms, the company provides deposit products, business and real estate lending, treasury management, mortgage origination and servicing, as well as wealth management and trust services.

Originally chartered in 1911 as First National Bank in McKinney, Texas, the organization rebranded to Prosperity Bank in 2009 following a series of strategic acquisitions aimed at deepening its regional presence.