NBT Bancorp (NASDAQ:NBTB) Rating Lowered to Sell at Wall Street Zen

Posted by Brian Himes on Aug 17th, 2026

NBT Bancorp (NASDAQ:NBTB – Get Free Report) was downgraded by stock analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued on Saturday.

A number of other research firms have also recently weighed in on NBTB. Weiss Ratings restated a “buy (b)” rating on shares of NBT Bancorp in a report on Tuesday, July 21st. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $54.00 price objective (up from $52.00) on shares of NBT Bancorp in a report on Monday, August 3rd. Piper Sandler boosted their target price on NBT Bancorp from $50.00 to $56.00 and gave the stock an “overweight” rating in a research report on Friday, June 26th. Hovde Group lowered their target price on NBT Bancorp from $47.00 to $46.50 and set a “market perform” rating on the stock in a report on Monday, April 27th. Finally, DA Davidson raised their price target on NBT Bancorp from $52.00 to $59.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Three investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $54.10.

Read Our Latest Analysis on NBTB

NBT Bancorp Stock Performance

NASDAQ:NBTB opened at $53.56 on Friday. The firm’s fifty day simple moving average is $50.55 and its 200-day simple moving average is $46.46. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 0.08. The stock has a market cap of $2.78 billion, a PE ratio of 13.10 and a beta of 0.48. NBT Bancorp has a fifty-two week low of $39.19 and a fifty-two week high of $54.50.

NBT Bancorp (NASDAQ:NBTB – Get Free Report) last announced its quarterly earnings data on Monday, July 27th. The bank reported $1.01 EPS for the quarter, missing the consensus estimate of $1.02 by ($0.01). NBT Bancorp had a net margin of 22.58% and a return on equity of 11.27%. The company had revenue of $186.69 million during the quarter, compared to analyst estimates of $188.81 million. Analysts expect that NBT Bancorp will post 4.15 earnings per share for the current fiscal year.

Insider Buying and Selling at NBT Bancorp

In other NBT Bancorp news, EVP Ruth H. Mahoney sold 5,000 shares of the company’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $46.60, for a total value of $233,000.00. Following the transaction, the executive vice president directly owned 16,428 shares in the company, valued at approximately $765,544.80. This represents a 23.33% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Heidi M. Hoeller sold 2,100 shares of the firm’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $48.03, for a total transaction of $100,863.00. Following the sale, the director directly owned 11,560 shares in the company, valued at $555,226.80. This represents a 15.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 20,600 shares of company stock worth $1,064,573. Corporate insiders own 2.99% of the company’s stock.

Institutional Trading of NBT Bancorp

Hedge funds have recently bought and sold shares of the company. BlackRock Inc. purchased a new stake in shares of NBT Bancorp in the second quarter valued at $369,183,000. State Street Corp lifted its position in NBT Bancorp by 7.8% during the second quarter. State Street Corp now owns 2,531,336 shares of the bank’s stock worth $105,177,000 after buying an additional 182,793 shares during the period. Dimensional Fund Advisors LP lifted its position in NBT Bancorp by 1.3% during the first quarter. Dimensional Fund Advisors LP now owns 2,330,975 shares of the bank’s stock worth $99,252,000 after buying an additional 30,141 shares during the period. Victory Capital Management Inc. lifted its position in NBT Bancorp by 2.0% during the fourth quarter. Victory Capital Management Inc. now owns 663,092 shares of the bank’s stock worth $27,532,000 after buying an additional 12,967 shares during the period. Finally, The Manufacturers Life Insurance Company grew its holdings in NBT Bancorp by 29.7% in the 1st quarter. The Manufacturers Life Insurance Company now owns 560,259 shares of the bank’s stock valued at $23,856,000 after buying an additional 128,316 shares during the period. Institutional investors and hedge funds own 58.46% of the company’s stock.

NBT Bancorp Company Profile

(Get Free Report)

NBT Bancorp, Inc (NASDAQ: NBTB) is the bank holding company for NBT Bank, N.A., a full-service commercial bank that serves both individual and corporate clients across the Northeastern United States. Through its branch network and digital channels, the company offers a comprehensive range of commercial banking services, including business lending, treasury management, cash management and specialized industry financing. Its consumer banking platform provides checking and savings accounts, certificates of deposit, home mortgages, home equity lines of credit and other lending solutions tailored to meet personal and household financial needs.

In addition to traditional banking, NBT Bancorp delivers wealth management and fiduciary services through its trust division, offering investment advisory, trust administration, retirement planning and estate settlement.