EBC Eastern Bankshares Inc

Voya Investment Management LLC decreased its stake in Eastern Bankshares, Inc. (NASDAQ:EBC) by 16.0% in Q3 2025, selling 58,528 shares and now holding 307,104 shares valued at $5.57 million. This comes amidst other hedge fund adjustments, notable insider transactions including a large sale by a director and a purchase by the CFO, and mixed analyst ratings with a consensus "Hold" and a $21.67 average price target. Eastern Bankshares maintains a quarterly dividend of $0.13, offering an annualized yield of approximately 2.8%.

Sheets Smith Investment Management initiated a position in Eastern Bankshares (NASDAQ:EBC) during the third quarter, acquiring 54,273 shares valued at approximately $985,000. Insider activity was mixed, with a director selling a significant portion of shares while the CFO increased his holdings. The company trades near $19, has a market cap of $4.01 billion, a PE ratio of 76, and pays a quarterly dividend of $0.13, resulting in a 2.7% yield, though its payout ratio is high at 208%.

Barclays initiated coverage on Eastern Bankshares Inc. (NASDAQ:EBC) with an Equalweight rating and a $22.00 price target, representing a potential upside of 15% from its current trading price. The firm highlighted Eastern Bankshares' strong capital levels, commercial platform, solid deposit base, and wealth management platform as positive factors, expecting profitability to improve in 2026 and 2027. This initiation aligns with a generally optimistic view from the broader analyst community.

Barclays initiated coverage on Eastern Bankshares Inc. (NASDAQ:EBC) with an Equalweight rating and a $22.00 price target. The company currently trades at $19.14, with potential upside of 15% to Barclays’ target, and the firm cited Eastern Bankshares’ high capital levels, strong commercial platform, and solid deposit base as positive factors. Despite profitability challenges since its 2020 IPO, the bank has shown strong momentum with a 36.97% price return over the past six months and is expected to see profitability closer to peers in 2026 and 2027.

Squarepoint Ops LLC significantly increased its stake in Eastern Bankshares, Inc. by 2,265.3% in the second quarter, now owning 269,318 shares valued at $4.11 million. The article also details mixed insider activity, with Director Joseph F. Casey selling a large portion of his shares, while CFO R. David Rosato increased his holdings. Analysts maintain a "Moderate Buy" rating for EBC, with a consensus target price of $21.50.

HoldCo Asset Management LP has invested $79.53 million in Eastern Bankshares, Inc. (NASDAQ:EBC), acquiring 5,208,500 shares, representing 2.46% of EBC and 12.5% of HoldCo's portfolio. The investment comes amidst mixed insider activity and analyst ratings, with the stock currently trading near $19.65 with a 2.6% dividend yield but a high P/E ratio and payout ratio.