Valley National Bancorp $VLY Shares Sold by Leeward Investments LLC MA

Leeward Investments LLC MA reduced its position in shares of Valley National Bancorp (NASDAQ:VLY) by 5.7% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,717,294 shares of the company’s stock after selling 103,354 shares during the quarter. Valley National Bancorp comprises 1.1% of Leeward Investments LLC MA’s portfolio, making the stock its 25th largest holding. Leeward Investments LLC MA’s holdings in Valley National Bancorp were worth $21,672,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of VLY. Cedar Mountain Advisors LLC bought a new stake in shares of Valley National Bancorp in the 1st quarter worth $26,000. Assetmark Inc. lifted its holdings in shares of Valley National Bancorp by 123.7% in the first quarter. Assetmark Inc. now owns 2,150 shares of the company’s stock valued at $26,000 after buying an additional 1,189 shares during the period. Compass Financial Management LLC bought a new position in Valley National Bancorp during the second quarter valued at about $28,000. Root Financial Partners LLC grew its holdings in Valley National Bancorp by 127.3% during the first quarter. Root Financial Partners LLC now owns 3,976 shares of the company’s stock worth $49,000 after acquiring an additional 2,227 shares during the period. Finally, Parallel Advisors LLC grew its holdings in Valley National Bancorp by 41.8% during the first quarter. Parallel Advisors LLC now owns 6,163 shares of the company’s stock worth $76,000 after acquiring an additional 1,816 shares during the period. 61.00% of the stock is currently owned by institutional investors and hedge funds.

More Valley National Bancorp News

Here are the key news stories impacting Valley National Bancorp this week:

• Positive Sentiment: Strong Q3 earnings beat estimates: Valley National reported third-quarter net income of $206.3 million, or $0.36 per diluted share, up from $0.28 a year earlier and $0.29 in the prior quarter. Earnings exceeded the $0.33 consensus estimate, while revenue of approximately $581 million also topped expectations. Valley National Bancorp Announces Third Quarter 2026 Results
• Positive Sentiment: Profitability reached a record level: Management highlighted record third-quarter profitability, with net margin of 19.49% and return on equity of 9.13%. The results suggest that the bank’s balance-sheet initiatives are translating into stronger earnings. Valley National Bancorp Reports Record Third-Quarter Profitability
• Positive Sentiment: Analysts raised price targets: JPMorgan increased its target from $15.50 to $16.00 and upgraded its stance to “overweight.” Morgan Stanley raised its target from $16.00 to $17.00, although it maintained an “equal weight” rating. These revisions indicate increased confidence in VLY’s earnings outlook and imply additional potential upside from recent trading levels. JPMorgan Analyst Recommendation Morgan Stanley Analyst Recommendation
• Neutral Sentiment: Dividend maintained: Valley National announced its regular quarterly common cash dividend, supporting shareholder returns but offering no major new catalyst by itself. Valley National Announces Quarterly Dividend

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on VLY shares. Cantor Fitzgerald boosted their price target on shares of Valley National Bancorp from $16.00 to $17.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 15th. Keefe, Bruyette & Woods upgraded shares of Valley National Bancorp from a “market perform” rating to an “outperform” rating and set a $17.00 price objective for the company in a research report on Friday. Truist Financial lifted their price objective on shares of Valley National Bancorp from $15.50 to $16.50 and gave the stock a “buy” rating in a research note on Friday, July 10th. Morgan Stanley lifted their price objective on shares of Valley National Bancorp from $16.00 to $17.00 and gave the stock an “equal weight” rating in a research note on Friday. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $17.00 target price on shares of Valley National Bancorp in a report on Tuesday, September 29th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $16.31.

Valley National Bancorp Price Performance

Shares of NASDAQ:VLY opened at $14.06 on Monday. The company has a market capitalization of $7.77 billion, a PE ratio of 11.16 and a beta of 1.07. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.95 and a current ratio of 0.95. The stock has a fifty day moving average of $13.42 and a 200-day moving average of $13.80. Valley National Bancorp has a one year low of $10.34 and a one year high of $15.20.

Valley National Bancorp (NASDAQ:VLY) last issued its earnings results on Thursday, October 22nd. The company reported $0.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.03. The business had revenue of $581.10 million for the quarter, compared to analysts’ expectations of $577.82 million. Valley National Bancorp had a return on equity of 9.63% and a net margin of 20.44%. During the same period in the previous year, the firm posted $0.28 EPS. As a group, equities analysts anticipate that Valley National Bancorp will post 1.27 EPS for the current fiscal year.

Valley National Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, January 4th. Stockholders of record on Tuesday, December 15th will be issued a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend is Tuesday, December 15th. Valley National Bancorp’s dividend payout ratio is currently 34.92%.

Valley National Bancorp Profile

Valley National Bancorp is the bank holding company for Valley National Bank, a full-service regional bank headquartered in Wayne, New Jersey. The company provides banking and financial services to individuals, businesses, nonprofit organizations and government entities through a network of branches and digital banking channels.

Valley National Bank offers deposit accounts, residential and commercial real estate lending, business loans, consumer loans, mortgage banking, treasury management and other commercial banking services.