Zions Bancorporation, N.A. $ZION Shares Purchased by Illinois Municipal Retirement Fund

Posted by Geri Gentry on Jul 20th, 2026

Illinois Municipal Retirement Fund increased its stake in Zions Bancorporation, N.A. (NASDAQ:ZION – Free Report) by 52.2% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 42,684 shares of the bank’s stock after acquiring an additional 14,636 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in Zions Bancorporation, N.A. were worth $2,459,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in ZION. Torren Management LLC acquired a new stake in shares of Zions Bancorporation, N.A. in the fourth quarter valued at about $32,000. Leonteq Securities AG acquired a new position in shares of Zions Bancorporation, N.A. during the 4th quarter worth about $32,000. Atlas Capital Advisors Inc. purchased a new position in Zions Bancorporation, N.A. in the 4th quarter valued at about $36,000. V Square Quantitative Management LLC purchased a new position in Zions Bancorporation, N.A. in the 4th quarter valued at about $42,000. Finally, International Assets Investment Management LLC acquired a new stake in Zions Bancorporation, N.A. in the 4th quarter worth about $49,000. 76.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Zions Bancorporation, N.A.

In related news, EVP Jennifer Anne Smith sold 4,209 shares of Zions Bancorporation, N.A. stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $62.50, for a total transaction of $263,062.50. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.43% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on ZION. Wells Fargo & Company boosted their price objective on Zions Bancorporation, N.A. from $63.00 to $66.00 and gave the stock an “equal weight” rating in a research note on Monday, July 6th. DA Davidson raised their target price on Zions Bancorporation, N.A. from $75.00 to $78.00 and gave the company a “buy” rating in a research report on Wednesday, April 22nd. Royal Bank Of Canada lifted their price target on Zions Bancorporation, N.A. from $64.00 to $68.00 and gave the stock a “sector perform” rating in a research note on Tuesday, April 21st. JPMorgan Chase & Co. boosted their price target on Zions Bancorporation, N.A. from $67.00 to $75.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 1st. Finally, Barclays increased their price objective on Zions Bancorporation, N.A. from $68.00 to $72.00 and gave the company an “underweight” rating in a research note on Wednesday, April 22nd. Six equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Zions Bancorporation, N.A. currently has an average rating of “Hold” and a consensus target price of $69.12.

Read Our Latest Analysis on Zions Bancorporation, N.A.

Zions Bancorporation, N.A. Price Performance

Shares of NASDAQ ZION opened at $72.27 on Monday. The stock has a market cap of $10.63 billion, a PE ratio of 11.24, a P/E/G ratio of 1.73 and a beta of 0.80. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.27. Zions Bancorporation, N.A. has a 12-month low of $46.19 and a 12-month high of $73.34. The company has a 50-day moving average of $65.74 and a 200 day moving average of $61.82.

Zions Bancorporation, N.A. (NASDAQ:ZION – Get Free Report) last released its earnings results on Monday, April 20th. The bank reported $1.56 earnings per share for the quarter, topping analysts’ consensus estimates of $1.43 by $0.13. The business had revenue of $859.00 million for the quarter, compared to analyst estimates of $853.73 million. Zions Bancorporation, N.A. had a net margin of 19.53% and a return on equity of 13.90%. During the same period last year, the company posted $1.13 EPS. As a group, sell-side analysts predict that Zions Bancorporation, N.A. will post 6.49 EPS for the current fiscal year.

Zions Bancorporation, N.A. announced that its Board of Directors has initiated a stock buyback plan on Saturday, May 2nd that authorizes the company to repurchase $225.00 million in shares. This repurchase authorization authorizes the bank to repurchase up to 2.4% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s leadership believes its shares are undervalued.

Zions Bancorporation, N.A. Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 21st. Stockholders of record on Thursday, May 14th were given a $0.45 dividend. The ex-dividend date was Thursday, May 14th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.5%. Zions Bancorporation, N.A.’s dividend payout ratio is 27.99%.

Zions Bancorporation, N.A. Profile

(Free Report)

Zions Bancorporation, N.A. is a bank holding company headquartered in Salt Lake City, Utah, offering a full suite of banking and financial services to individuals, businesses and institutions. Through its primary subsidiary, Zions Bank, the company provides commercial banking, retail banking and wealth management solutions designed to serve the needs of small businesses, middle‐market firms and high‐net‐worth clients. Its service portfolio includes deposit accounts, cash‐management tools, lending products, mortgage origination, treasury services and investment advisory services.

The company’s commercial banking segment delivers custom credit and treasury management services, including working capital lines of credit, equipment financing and international trade finance.