The Manufacturers Life Insurance Company Purchases 68,445 Shares of Farmers National Banc Corp. $FMNB

Posted by Brian Himes on Aug 6th, 2026

The Manufacturers Life Insurance Company increased its position in shares of Farmers National Banc Corp. (NASDAQ:FMNB – Free Report) by 17.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 470,132 shares of the bank’s stock after buying an additional 68,445 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Farmers National Banc were worth $6,187,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in shares of Farmers National Banc by 2.5% during the third quarter. Vanguard Group Inc. now owns 2,127,360 shares of the bank’s stock valued at $30,655,000 after acquiring an additional 52,854 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Farmers National Banc by 24.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,539,834 shares of the bank’s stock worth $20,264,000 after purchasing an additional 302,397 shares in the last quarter. Beese Fulmer Investment Management Inc. lifted its holdings in shares of Farmers National Banc by 11.8% in the 4th quarter. Beese Fulmer Investment Management Inc. now owns 374,090 shares of the bank’s stock worth $4,983,000 after purchasing an additional 39,539 shares in the last quarter. Bank of New York Mellon Corp grew its position in Farmers National Banc by 21.9% in the 1st quarter. Bank of New York Mellon Corp now owns 337,929 shares of the bank’s stock valued at $4,447,000 after purchasing an additional 60,820 shares during the period. Finally, Millennium Management LLC grew its position in Farmers National Banc by 231.9% in the 4th quarter. Millennium Management LLC now owns 263,553 shares of the bank’s stock valued at $3,511,000 after purchasing an additional 184,155 shares during the period. Institutional investors own 38.72% of the company’s stock.

Insider Activity

In other news, Director Michael C. Voinovich sold 23,309 shares of the stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $14.21, for a total value of $331,220.89. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 3.50% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of brokerages have commented on FMNB. Piper Sandler boosted their price target on shares of Farmers National Banc from $14.00 to $16.00 and gave the company a “neutral” rating in a research note on Thursday, April 23rd. Wall Street Zen cut shares of Farmers National Banc from a “buy” rating to a “hold” rating in a report on Sunday. Finally, Weiss Ratings raised shares of Farmers National Banc from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, July 28th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $16.00.

Get Our Latest Analysis on FMNB

Farmers National Banc Stock Down 0.6%

FMNB stock opened at $15.89 on Thursday. The firm has a market capitalization of $941.01 million, a PE ratio of 10.81 and a beta of 0.76. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.19. Farmers National Banc Corp. has a twelve month low of $12.12 and a twelve month high of $16.16. The stock’s 50 day moving average is $14.66 and its 200-day moving average is $13.88.

Farmers National Banc (NASDAQ:FMNB – Get Free Report) last announced its quarterly earnings results on Wednesday, July 22nd. The bank reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.07. The business had revenue of $70.44 million during the quarter, compared to the consensus estimate of $70.10 million. Farmers National Banc had a return on equity of 13.14% and a net margin of 20.52%. Sell-side analysts expect that Farmers National Banc Corp. will post 1.68 EPS for the current fiscal year.

Farmers National Banc Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, June 12th were paid a $0.17 dividend. The ex-dividend date was Friday, June 12th. This represents a $0.68 annualized dividend and a dividend yield of 4.3%. Farmers National Banc’s dividend payout ratio is presently 46.26%.

Farmers National Banc Profile

(Free Report)

Farmers National Banc Corp. operates as the bank holding company for Farmers National Bank, a community-oriented financial institution headquartered in Ada, Ohio. The company provides a comprehensive suite of banking services through a network of branches serving rural and small-town markets across central Ohio. Its local decision-making model emphasizes personalized customer service and close ties to the communities it serves.

The company’s primary business activities include the origination of commercial loans, consumer installment loans, agricultural financing, and residential mortgages.