15,125 Shares in Bar Harbor Bankshares, Inc. $BHB Purchased by First Bancorp Inc ME

Posted by Francis Steltz on Aug 26th, 2026

First Bancorp Inc ME bought a new stake in shares of Bar Harbor Bankshares, Inc. (NYSEAMERICAN:BHB – Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 15,125 shares of the financial services provider’s stock, valued at approximately $571,000.

Several other institutional investors also recently bought and sold shares of the company. Silverlake Wealth Management LLC acquired a new stake in shares of Bar Harbor Bankshares during the second quarter worth about $1,043,000. International Assets Investment Management LLC acquired a new position in shares of Bar Harbor Bankshares in the fourth quarter valued at approximately $1,177,000. Trust Co. of Vermont acquired a new position in shares of Bar Harbor Bankshares in the second quarter valued at approximately $2,885,000. The Manufacturers Life Insurance Company increased its stake in Bar Harbor Bankshares by 11.4% during the 1st quarter. The Manufacturers Life Insurance Company now owns 374,639 shares of the financial services provider’s stock worth $12,157,000 after buying an additional 38,274 shares during the period. Finally, Renaissance Technologies LLC increased its stake in Bar Harbor Bankshares by 52.3% during the 1st quarter. Renaissance Technologies LLC now owns 184,284 shares of the financial services provider’s stock worth $5,980,000 after buying an additional 63,300 shares during the period. 54.49% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have commented on BHB. Zacks Research cut shares of Bar Harbor Bankshares from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 28th. Keefe, Bruyette & Woods upped their price objective on Bar Harbor Bankshares from $36.00 to $38.00 and gave the stock a “market perform” rating in a research report on Wednesday, July 22nd. Finally, Piper Sandler reiterated an “overweight” rating and issued a $44.00 price objective (up from $41.00) on shares of Bar Harbor Bankshares in a research note on Tuesday, July 28th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $41.00.

Get Our Latest Report on Bar Harbor Bankshares

Bar Harbor Bankshares Trading Down 0.6%

NYSEAMERICAN BHB opened at $39.39 on Wednesday. Bar Harbor Bankshares, Inc. has a 52 week low of $28.11 and a 52 week high of $41.08. The firm has a 50 day moving average of $38.67 and a two-hundred day moving average of $35.65. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.51. The stock has a market capitalization of $660.57 million, a PE ratio of 13.31 and a beta of 0.60.

Bar Harbor Bankshares (NYSEAMERICAN:BHB – Get Free Report) last announced its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $0.92 earnings per share for the quarter, beating analysts’ consensus estimates of $0.90 by $0.02. The business had revenue of $49.68 million for the quarter, compared to analyst estimates of $49.32 million. Bar Harbor Bankshares had a net margin of 18.46% and a return on equity of 11.41%. As a group, research analysts expect that Bar Harbor Bankshares, Inc. will post 3.6 EPS for the current fiscal year.

Bar Harbor Bankshares Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Thursday, August 20th will be issued a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend is Thursday, August 20th. Bar Harbor Bankshares’s payout ratio is 47.72%.

Bar Harbor Bankshares Profile

(Free Report)

Bar Harbor Bankshares, Inc is a bank holding company headquartered in Ellsworth, Maine, and the parent of Bar Harbor Bank & Trust. The company provides a full suite of commercial and consumer banking products and services, including deposit accounts, residential and commercial lending, wealth management, treasury and cash management, and online and mobile banking solutions. Its subsidiary, Bar Harbor Bank & Trust, operates branches across Maine and eastern New Hampshire, serving both individual and business clients with a focus on community banking relationships.

With roots tracing back to the late 19th century, Bar Harbor Bankshares has built its presence along the coast of Maine, extending from Casco Bay to Downeast communities, and into neighboring New Hampshire markets.