Kelli Ann Wilson Sells 3,778 Shares of Heritage Financial (NASDAQ:HFWA) Stock

Posted by Geri Gentry on Aug 1st, 2026

Heritage Financial Corporation (NASDAQ:HFWA – Get Free Report) EVP Kelli Ann Wilson sold 3,778 shares of the firm’s stock in a transaction on Thursday, July 30th. The stock was sold at an average price of $29.69, for a total value of $112,168.82. Following the completion of the sale, the executive vice president directly owned 3,099 shares of the company’s stock, valued at $92,009.31. This represents a 54.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Heritage Financial Price Performance

NASDAQ HFWA opened at $29.73 on Friday. The company has a market cap of $1.23 billion, a PE ratio of 14.16 and a beta of 0.49. Heritage Financial Corporation has a 52 week low of $21.32 and a 52 week high of $31.25. The company has a quick ratio of 0.81, a current ratio of 0.83 and a debt-to-equity ratio of 0.17. The firm’s 50-day simple moving average is $28.95 and its two-hundred day simple moving average is $27.37.

Heritage Financial (NASDAQ:HFWA – Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The financial services provider reported $0.57 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.13. Heritage Financial had a return on equity of 8.78% and a net margin of 20.44%.The firm had revenue of $84.13 million during the quarter, compared to analyst estimates of $86.30 million. Research analysts predict that Heritage Financial Corporation will post 2.37 earnings per share for the current year.

Heritage Financial Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 19th. Shareholders of record on Wednesday, August 5th will be paid a $0.25 dividend. The ex-dividend date is Wednesday, August 5th. This represents a $1.00 annualized dividend and a yield of 3.4%. This is a boost from Heritage Financial’s previous quarterly dividend of $0.24. Heritage Financial’s dividend payout ratio is currently 45.71%.

Hedge Funds Weigh In On Heritage Financial

Institutional investors have recently made changes to their positions in the stock. Jennison Associates LLC lifted its holdings in shares of Heritage Financial by 3.4% during the 1st quarter. Jennison Associates LLC now owns 3,213,473 shares of the financial services provider’s stock worth $83,550,000 after acquiring an additional 106,308 shares during the last quarter. Vanguard Group Inc. increased its stake in Heritage Financial by 1.9% in the fourth quarter. Vanguard Group Inc. now owns 2,412,325 shares of the financial services provider’s stock valued at $57,051,000 after acquiring an additional 45,422 shares during the last quarter. State Street Corp increased its stake in Heritage Financial by 3.2% in the fourth quarter. State Street Corp now owns 1,573,458 shares of the financial services provider’s stock valued at $37,212,000 after acquiring an additional 48,765 shares during the last quarter. Geode Capital Management LLC raised its position in Heritage Financial by 0.5% during the fourth quarter. Geode Capital Management LLC now owns 842,598 shares of the financial services provider’s stock valued at $19,929,000 after purchasing an additional 4,170 shares in the last quarter. Finally, Basswood Capital Management L.L.C. raised its position in Heritage Financial by 163.1% during the fourth quarter. Basswood Capital Management L.L.C. now owns 607,105 shares of the financial services provider’s stock valued at $14,358,000 after purchasing an additional 376,368 shares in the last quarter. Institutional investors own 78.30% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on HFWA shares. Keefe, Bruyette & Woods boosted their price target on shares of Heritage Financial from $31.00 to $32.00 and gave the company a “market perform” rating in a research report on Monday, July 27th. Stephens lifted their price objective on Heritage Financial from $30.00 to $32.00 and gave the company an “equal weight” rating in a research note on Tuesday. Zacks Research upgraded Heritage Financial from a “strong sell” rating to a “hold” rating in a research report on Friday, June 26th. Piper Sandler decreased their target price on Heritage Financial from $34.00 to $32.00 and set an “overweight” rating on the stock in a research note on Monday, April 27th. Finally, DA Davidson upped their target price on Heritage Financial from $32.00 to $34.00 and gave the stock a “buy” rating in a research note on Friday, July 24th. Three equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Heritage Financial has an average rating of “Moderate Buy” and a consensus target price of $32.50.

Check Out Our Latest Stock Report on HFWA

About Heritage Financial

(Get Free Report)

Heritage Financial Corporation (NASDAQ:HFWA) is a bank holding company headquartered in Spokane, Washington. Through its primary subsidiary, Heritage Bank, the company provides a comprehensive range of banking and financial services to both individual and commercial clients. Heritage Bank’s offerings encompass deposit products, lending solutions, treasury and cash management services, mortgage banking, and wealth management, positioning the organization as a full-service community bank.

The company’s lending portfolio includes commercial real estate loans, agricultural loans, small business administration (SBA) loans, construction and development financing, and a variety of consumer mortgage products.