Shares of S&T Bancorp, Inc. (NASDAQ:STBA – Get Free Report) have been given a consensus recommendation of “Hold” by the seven ratings firms that are currently covering the stock, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $46.60.
STBA has been the topic of several analyst reports. Piper Sandler lifted their price target on S&T Bancorp from $45.00 to $51.00 and gave the stock a “neutral” rating in a report on Friday, June 26th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of S&T Bancorp in a research report on Monday, April 27th.
View Our Latest Report on S&T Bancorp
S&T Bancorp Stock Performance
S&T Bancorp (NASDAQ:STBA – Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The financial services provider reported $1.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.92 by $0.10. S&T Bancorp had a return on equity of 9.74% and a net margin of 24.51%.The business had revenue of $105.24 million during the quarter, compared to analyst estimates of $104.43 million. As a group, sell-side analysts expect that S&T Bancorp will post 3.75 EPS for the current fiscal year.
S&T Bancorp Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, May 28th. Stockholders of record on Thursday, May 14th were paid a $0.37 dividend. This is a positive change from S&T Bancorp’s previous quarterly dividend of $0.36. The ex-dividend date of this dividend was Thursday, May 14th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 2.9%. S&T Bancorp’s payout ratio is presently 41.46%.
S&T Bancorp declared that its Board of Directors has approved a stock repurchase program on Thursday, July 23rd that authorizes the company to repurchase $100.00 million in outstanding shares. This repurchase authorization authorizes the financial services provider to repurchase up to 5.6% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s board believes its stock is undervalued.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in STBA. JPMorgan Chase & Co. lifted its holdings in S&T Bancorp by 37.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 51,208 shares of the financial services provider’s stock worth $1,925,000 after buying an additional 13,988 shares in the last quarter. Denali Advisors LLC raised its stake in shares of S&T Bancorp by 43.3% in the fourth quarter. Denali Advisors LLC now owns 127,100 shares of the financial services provider’s stock valued at $5,001,000 after acquiring an additional 38,400 shares in the last quarter. Dean Capital Management boosted its holdings in S&T Bancorp by 30.3% in the fourth quarter. Dean Capital Management now owns 47,830 shares of the financial services provider’s stock valued at $1,882,000 after purchasing an additional 11,132 shares during the period. Louisiana State Employees Retirement System purchased a new position in S&T Bancorp in the first quarter valued at $694,000. Finally, Global Retirement Partners LLC acquired a new position in S&T Bancorp during the 4th quarter worth $3,052,000. 65.22% of the stock is currently owned by institutional investors and hedge funds.
S&T Bancorp News Summary
Here are the key news stories impacting S&T Bancorp this week:
- Positive Sentiment: S&T Bancorp reported second-quarter earnings and revenue that beat Wall Street expectations, reinforcing confidence in its operating performance.
- Positive Sentiment: The company announced a $100 million share repurchase authorization, a shareholder-friendly move that can help support the stock and reduce share count.
- Positive Sentiment: Management’s earnings-call tone was upbeat, highlighting strong growth and a stable outlook. Article: S&T Bancorp Highlights Strong Growth and Stable Outlook
- Neutral Sentiment: Coverage around the earnings call transcript and snapshot articles adds context but does not appear to introduce new material risks or surprises. Article: S&T Bancorp Inc (STBA) Q2 2026 Earnings Call Highlights
About S&T Bancorp
S&T Bancorp, Inc is a bank holding company headquartered in Indiana, Pennsylvania, serving as the parent of S&T Bank. Established as a banking organization in 1902 with the holding company formation following in the early 1980s, S&T Bancorp has built its reputation on delivering community-oriented financial services. The company operates under the NASDAQ ticker STBA, maintaining a focus on personalized banking solutions and local decision-making.
The company’s main business activities encompass a full suite of retail and commercial banking products.
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