Bridgewater Bancshares (NASDAQ:BWB) Upgraded by Stephens to Overweight Rating

Posted by Stanley Muller on Aug 6th, 2026

Bridgewater Bancshares (NASDAQ:BWB – Get Free Report) was upgraded by equities research analysts at Stephens from an “equal weight” rating to an “overweight” rating in a research report issued on Thursday, Marketbeat reports. The firm currently has a $25.00 target price on the stock. Stephens’ price target would indicate a potential upside of 18.65% from the stock’s previous close.

Several other analysts have also issued reports on the company. DA Davidson reissued a “buy” rating and set a $22.00 price target on shares of Bridgewater Bancshares in a report on Wednesday, April 22nd. Piper Sandler boosted their price objective on Bridgewater Bancshares from $23.00 to $24.00 and gave the company an “overweight” rating in a research note on Thursday, July 23rd. Finally, Weiss Ratings raised shares of Bridgewater Bancshares from a “buy (b)” rating to a “buy (b+)” rating in a report on Thursday, June 18th. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $23.67.

Check Out Our Latest Stock Report on Bridgewater Bancshares

Bridgewater Bancshares Price Performance

NASDAQ BWB opened at $21.07 on Thursday. The company has a 50-day moving average price of $20.52 and a 200-day moving average price of $19.18. Bridgewater Bancshares has a 52 week low of $15.15 and a 52 week high of $22.59. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.90. The firm has a market capitalization of $587.49 million, a P/E ratio of 11.45 and a beta of 0.57.

Bridgewater Bancshares (NASDAQ:BWB – Get Free Report) last announced its earnings results on Tuesday, July 21st. The company reported $0.45 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.45. Bridgewater Bancshares had a net margin of 18.38% and a return on equity of 11.21%. The company had revenue of $40.89 million during the quarter, compared to analyst estimates of $41.43 million. Equities research analysts anticipate that Bridgewater Bancshares will post 1.85 earnings per share for the current year.

Insiders Place Their Bets

In related news, Director Jeffrey D. Shellberg sold 160,000 shares of the stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $21.04, for a total transaction of $3,366,400.00. Following the sale, the director owned 106,187 shares in the company, valued at approximately $2,234,174.48. This represents a 60.11% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Nicholas L. Place sold 4,688 shares of Bridgewater Bancshares stock in a transaction on Friday, June 5th. The stock was sold at an average price of $19.27, for a total transaction of $90,337.76. Following the transaction, the insider directly owned 139,622 shares of the company’s stock, valued at $2,690,515.94. The trade was a 3.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 240,620 shares of company stock worth $4,957,763. 23.10% of the stock is currently owned by company insiders.

Institutional Trading of Bridgewater Bancshares

Several institutional investors have recently added to or reduced their stakes in BWB. Alliancebernstein L.P. raised its holdings in shares of Bridgewater Bancshares by 181.8% in the third quarter. Alliancebernstein L.P. now owns 1,282,210 shares of the company’s stock worth $22,567,000 after buying an additional 827,141 shares during the period. Vanguard Group Inc. increased its stake in Bridgewater Bancshares by 2.3% in the third quarter. Vanguard Group Inc. now owns 1,154,890 shares of the company’s stock worth $20,326,000 after purchasing an additional 25,566 shares during the period. Dimensional Fund Advisors LP increased its stake in Bridgewater Bancshares by 2.5% in the first quarter. Dimensional Fund Advisors LP now owns 1,058,471 shares of the company’s stock worth $18,735,000 after purchasing an additional 25,899 shares during the period. Geode Capital Management LLC lifted its position in shares of Bridgewater Bancshares by 3.2% during the fourth quarter. Geode Capital Management LLC now owns 496,116 shares of the company’s stock worth $8,699,000 after purchasing an additional 15,192 shares during the last quarter. Finally, Punch & Associates Investment Management Inc. boosted its stake in shares of Bridgewater Bancshares by 1.2% during the fourth quarter. Punch & Associates Investment Management Inc. now owns 438,960 shares of the company’s stock valued at $7,695,000 after purchasing an additional 5,000 shares during the period. Institutional investors own 65.83% of the company’s stock.

About Bridgewater Bancshares

(Get Free Report)

Bridgewater Bancshares, Inc is the bank holding company for Bridgewater Bank, a New Jersey-chartered community bank founded in 2006. Headquartered in Bridgewater, New Jersey, the company provides a broad array of financial services designed to meet the needs of both individual and business customers. As a locally focused institution, Bridgewater Bancshares emphasizes relationship banking, combining personalized service with the efficiency of modern banking technologies.

The company’s retail banking platform offers checking and savings accounts, certificates of deposit, money market accounts and consumer loan products.