16,967 Shares in First Interstate BancSystem, Inc. $FIBK Bought by Inceptionr LLC

Inceptionr LLC bought a new position in First Interstate BancSystem, Inc. (NASDAQ:FIBK) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 16,967 shares of the financial services provider’s stock, valued at approximately $567,000.

Several other hedge funds have also modified their holdings of the stock. Vanguard Group Inc. grew its position in First Interstate BancSystem by 13.7% in the fourth quarter. Vanguard Group Inc. now owns 10,048,419 shares of the financial services provider’s stock valued at $347,675,000 after acquiring an additional 1,214,454 shares in the last quarter. Wellington Management Group LLP grew its holdings in First Interstate BancSystem by 20.4% during the 3rd quarter. Wellington Management Group LLP now owns 5,915,425 shares of the financial services provider’s stock valued at $188,525,000 after purchasing an additional 1,003,021 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in First Interstate BancSystem by 4.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 5,630,789 shares of the financial services provider’s stock worth $188,066,000 after buying an additional 231,405 shares in the last quarter. State Street Corp boosted its position in First Interstate BancSystem by 29.7% in the 4th quarter. State Street Corp now owns 5,482,245 shares of the financial services provider’s stock valued at $189,686,000 after buying an additional 1,254,321 shares during the last quarter. Finally, Capital International Investors acquired a new stake in shares of First Interstate BancSystem during the fourth quarter valued at about $92,504,000. 88.71% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at First Interstate BancSystem

In related news, major shareholder Julie A. Scott sold 15,000 shares of the business’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $35.97, for a total transaction of $539,550.00. Following the sale, the insider owned 488,359 shares of the company’s stock, valued at $17,566,273.23. The trade was a 2.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Jonathan R. Scott sold 4,500 shares of the company’s stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $36.29, for a total value of $163,305.00. Following the completion of the sale, the insider owned 862,128 shares of the company’s stock, valued at $31,286,625.12. This trade represents a 0.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 32,392 shares of company stock worth $1,161,552. 8.00% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several research analysts recently commented on the company. Keefe, Bruyette & Woods reiterated a “market perform” rating and issued a $37.00 price target (down from $38.00) on shares of First Interstate BancSystem in a research note on Friday, May 1st. UBS Group raised their price target on shares of First Interstate BancSystem from $30.00 to $33.00 and gave the stock a “sell” rating in a research report on Friday, May 1st. Wells Fargo & Company raised their price objective on shares of First Interstate BancSystem from $30.00 to $36.00 and gave the stock an “underweight” rating in a report on Monday, March 30th. Wall Street Zen raised First Interstate BancSystem from a “strong sell” rating to a “sell” rating in a report on Monday, June 22nd. Finally, Piper Sandler cut their price objective on First Interstate BancSystem from $44.00 to $41.00 and set an “overweight” rating on the stock in a research note on Thursday, April 2nd. Two analysts have rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $37.33.

Key First Interstate BancSystem News

Here are the key news stories impacting First Interstate BancSystem this week:

• Positive Sentiment: First Interstate BancSystem delivered a stronger-than-expected Q2 2026 profit result, with EPS of $0.87 topping consensus and improving from both the previous quarter and last year. First Interstate BancSystem, Inc. Reports Second Quarter Earnings
• Positive Sentiment: The company also announced a quarterly dividend of $0.47 per share, reinforcing its income appeal with an annualized yield around 4.9%. First Interstate BancSystem, Inc. annonce le versement d’un dividende le 14 août 2026
• Neutral Sentiment: Multiple earnings recap articles and the earnings call transcript are adding attention to the results, but they largely reiterate the same beat-and-dividend story rather than introducing new catalysts. First Interstate BancSystem, Inc. (FIBK) Q2 2026 Earnings Call Transcript

First Interstate BancSystem Stock Up 0.1%

Shares of First Interstate BancSystem stock opened at $38.12 on Friday. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.70 and a quick ratio of 0.70. First Interstate BancSystem, Inc. has a 1-year low of $27.60 and a 1-year high of $40.60. The business’s fifty day moving average price is $37.17 and its two-hundred day moving average price is $36.02. The company has a market capitalization of $3.70 billion, a P/E ratio of 11.73 and a beta of 0.76.

First Interstate BancSystem (NASDAQ:FIBK) last posted its quarterly earnings data on Thursday, July 23rd. The financial services provider reported $0.87 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.19. The business had revenue of $99.10 million during the quarter, compared to the consensus estimate of $249.32 million. First Interstate BancSystem had a net margin of 22.64% and a return on equity of 9.49%. As a group, research analysts forecast that First Interstate BancSystem, Inc. will post 2.66 EPS for the current year.

First Interstate BancSystem Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 14th. Investors of record on Tuesday, August 4th will be paid a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date is Tuesday, August 4th. First Interstate BancSystem’s dividend payout ratio (DPR) is currently 57.85%.

First Interstate BancSystem Company Profile

First Interstate BancSystem, Inc is a bank holding company headquartered in Billings, Montana. Through its principal subsidiary, First Interstate Bank, the company provides a full range of commercial and consumer banking services. Its offerings include business lending, commercial real estate financing, agricultural loans, residential mortgage products, and deposit accounts suitable for individuals, small businesses, and large corporations.

The company traces its roots back to the late 1960s and has grown through a combination of organic expansion and strategic acquisitions across the Western United States.