California Public Employees Retirement System Acquires 22,499 Shares of United Bankshares, Inc. $UBSI

California Public Employees Retirement System grew its holdings in United Bankshares, Inc. (NASDAQ:UBSI) by 8.3% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 293,253 shares of the financial services provider’s stock after purchasing an additional 22,499 shares during the period. California Public Employees Retirement System’s holdings in United Bankshares were worth $12,147,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Caitong International Asset Management Co. Ltd purchased a new stake in United Bankshares in the 3rd quarter valued at about $25,000. Eurizon Capital SGR S.p.A. bought a new stake in shares of United Bankshares during the fourth quarter valued at approximately $26,000. Farther Finance Advisors LLC boosted its holdings in shares of United Bankshares by 196.2% in the fourth quarter. Farther Finance Advisors LLC now owns 856 shares of the financial services provider’s stock valued at $33,000 after purchasing an additional 567 shares during the period. Root Financial Partners LLC boosted its holdings in shares of United Bankshares by 64.4% in the first quarter. Root Financial Partners LLC now owns 786 shares of the financial services provider’s stock valued at $33,000 after purchasing an additional 308 shares during the period. Finally, EverSource Wealth Advisors LLC grew its stake in United Bankshares by 528.3% in the second quarter. EverSource Wealth Advisors LLC now owns 1,175 shares of the financial services provider’s stock worth $43,000 after purchasing an additional 988 shares in the last quarter. 70.80% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on UBSI. Hovde Group lifted their target price on United Bankshares from $49.00 to $50.00 and gave the company a “market perform” rating in a research report on Friday. Wall Street Zen raised United Bankshares from a “sell” rating to a “hold” rating in a research report on Saturday. Weiss Ratings restated a “buy (b)” rating on shares of United Bankshares in a research note on Monday, July 6th. Finally, Raymond James Financial lifted their price objective on United Bankshares from $49.00 to $50.00 and gave the company an “outperform” rating in a report on Wednesday, July 1st. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $46.80.

United Bankshares Stock Performance

NASDAQ UBSI opened at $47.80 on Friday. The firm has a market capitalization of $6.59 billion, a P/E ratio of 13.02 and a beta of 0.71. The stock has a 50-day simple moving average of $45.10 and a two-hundred day simple moving average of $43.20. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.98 and a current ratio of 0.98. United Bankshares, Inc. has a fifty-two week low of $34.10 and a fifty-two week high of $48.22.

United Bankshares (NASDAQ:UBSI) last posted its earnings results on Thursday, July 23rd. The financial services provider reported $0.95 EPS for the quarter, topping the consensus estimate of $0.89 by $0.06. The firm had revenue of $323.82 million for the quarter, compared to analyst estimates of $320.07 million. United Bankshares had a return on equity of 9.41% and a net margin of 27.97%.During the same period last year, the company earned $0.85 earnings per share. On average, equities analysts forecast that United Bankshares, Inc. will post 3.64 earnings per share for the current year.

United Bankshares Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Friday, June 12th were given a $0.38 dividend. This represents a $1.52 annualized dividend and a yield of 3.2%. The ex-dividend date was Friday, June 12th. United Bankshares’s dividend payout ratio is currently 42.58%.

Key Headlines Impacting United Bankshares

Here are the key news stories impacting United Bankshares this week:

• Positive Sentiment: United Bankshares reported Q2 2026 EPS of $0.95, topping the $0.89 consensus estimate and improving from $0.85 a year ago, while revenue of $323.82 million also came in above expectations. Article Title
• Positive Sentiment: The company’s Q2 results were described as a sales surprise, reinforcing the idea that underlying business performance remains solid heading into the rest of the year. Article Title
• Positive Sentiment: Hovde Group raised its price target on UBSI from $49 to $50, signaling slightly improved valuation expectations even though the rating stayed at “market perform.” Article Title
• Neutral Sentiment: Commentary around the stock asks whether UBSI is undervalued after Q2 earnings and completion of its buyback, which suggests investors are weighing earnings strength against already-positive sentiment. Article Title

United Bankshares Company Profile

United Bankshares, Inc, headquartered in Charleston, West Virginia, is a bank holding company that provides a full range of financial services through its primary subsidiary, United Bank. The company’s core offerings include retail and commercial banking products such as checking and savings accounts, certificates of deposit, personal and business loans, mortgages, and treasury management services. In addition, United Bankshares delivers private banking, wealth management, trust and fiduciary solutions, and investment advisory services to meet the needs of individual, corporate, and institutional clients.

United Bankshares operates an extensive branch network across West Virginia, Virginia, Maryland, the District of Columbia, Ohio, Pennsylvania, and South Carolina.