Farmers & Merchants Bancorp (NASDAQ:FMAO) Stock Acquired Rep. Robert E. Latta

Representative Robert E. Latta (Republican-Ohio) recently bought shares of Farmers & Merchants Bancorp Inc. (NASDAQ:FMAO). In a filing disclosed on June 05th, the Representative disclosed that they had bought between $15,001 and $50,000 in Farmers & Merchants Bancorp stock on June 4th.

Representative Robert E. Latta also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Farmers & Merchants Bancorp (NASDAQ:FMAO) on 4/20/2026.

Farmers & Merchants Bancorp Trading Up 1.7%

Shares of FMAO traded up $0.48 during midday trading on Tuesday, hitting $28.62. The stock had a trading volume of 30,172 shares, compared to its average volume of 53,049. Farmers & Merchants Bancorp Inc. has a 1 year low of $22.77 and a 1 year high of $29.83. The firm has a market cap of $394.03 million, a PE ratio of 10.96 and a beta of 0.82. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.98 and a quick ratio of 0.98. The stock’s 50 day moving average is $27.02 and its 200 day moving average is $26.34.

Farmers & Merchants Bancorp (NASDAQ:FMAO) last announced its earnings results on Wednesday, April 22nd. The financial services provider reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.02. Farmers & Merchants Bancorp had a net margin of 18.54% and a return on equity of 9.85%. The business had revenue of $32.44 million for the quarter, compared to the consensus estimate of $32.54 million. As a group, analysts forecast that Farmers & Merchants Bancorp Inc. will post 2.83 EPS for the current fiscal year.

Farmers & Merchants Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, April 20th. Stockholders of record on Friday, April 3rd were paid a $0.23 dividend. The ex-dividend date of this dividend was Thursday, April 2nd. This represents a $0.92 annualized dividend and a dividend yield of 3.2%. Farmers & Merchants Bancorp’s dividend payout ratio is currently 35.25%.

Insider Transactions at Farmers & Merchants Bancorp

In other Farmers & Merchants Bancorp news, Director Andrew J. Briggs sold 3,000 shares of the stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $27.81, for a total transaction of $83,430.00. Following the transaction, the director directly owned 201,550 shares in the company, valued at $5,605,105.50. This represents a 1.47% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Eric D. Faust sold 1,148 shares of the stock in a transaction dated Monday, March 23rd. The stock was sold at an average price of $25.16, for a total transaction of $28,883.68. Following the transaction, the insider owned 5,538 shares in the company, valued at approximately $139,336.08. The trade was a 17.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 25,148 shares of company stock worth $683,364. Company insiders own 7.30% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in FMAO. Goelzer Investment Management Inc. grew its holdings in shares of Farmers & Merchants Bancorp by 1,659.8% in the fourth quarter. Goelzer Investment Management Inc. now owns 485,064 shares of the financial services provider’s stock worth $11,991,000 after purchasing an additional 457,500 shares during the last quarter. Align Financial LLC bought a new position in shares of Farmers & Merchants Bancorp in the fourth quarter worth about $6,844,000. Rhino Investment Partners Inc bought a new position in shares of Farmers & Merchants Bancorp in the first quarter worth about $1,765,000. Segall Bryant & Hamill LLC bought a new position in shares of Farmers & Merchants Bancorp in the first quarter worth about $1,319,000. Finally, Jane Street Group LLC grew its holdings in shares of Farmers & Merchants Bancorp by 186.8% in the fourth quarter. Jane Street Group LLC now owns 15,762 shares of the financial services provider’s stock worth $390,000 after purchasing an additional 33,916 shares during the last quarter. 23.96% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on FMAO. Weiss Ratings downgraded shares of Farmers & Merchants Bancorp from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, June 2nd. Piper Sandler reissued a “neutral” rating and issued a $28.50 target price (up from $28.00) on shares of Farmers & Merchants Bancorp in a research note on Monday, April 27th. Finally, Hovde Group reduced their target price on shares of Farmers & Merchants Bancorp from $30.00 to $28.50 and set a “market perform” rating on the stock in a research note on Friday, April 24th. One research analyst has rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, Farmers & Merchants Bancorp presently has an average rating of “Hold” and an average target price of $28.50.

About Representative Latta

Bob Latta (Republican Party) is a member of the U.S. House, representing Ohio’s 5th Congressional District. He assumed office on January 3, 2007. His current term ends on January 3, 2027.

Latta (Republican Party) ran for re-election to the U.S. House to represent Ohio’s 5th Congressional District. He won in the general election on November 5, 2024.

Farmers & Merchants Bancorp Company Profile

Farmers & Merchants Bancorp (NASDAQ:FMAO) is the bank holding company for Farmers & Merchants Bank of Central California, a community-focused institution headquartered in Los Banos, California. The bank traces its roots to 1916 and has grown to serve individuals, businesses and agricultural enterprises throughout the western San Joaquin Valley. Operating with a commitment to local decision-making, the company emphasizes personalized service and close ties to the communities in which it operates.

Through its banking subsidiary, Farmers & Merchants offers a comprehensive suite of financial products and services, including checking and savings accounts, certificates of deposit, online and mobile banking platforms, and merchant services.