Arrow Financial (AROW) – Investment Analysts’ Recent Ratings Updates

Arrow Financial (NASDAQ: AROW) has recently received a number of price target changes and ratings updates:

• 6/25/2026 – Arrow Financial is now covered by Keefe, Bruyette & Woods. They set a “market perform” rating and a $42.00 price target on the stock.
• 6/24/2026 – Arrow Financial was upgraded by Keefe, Bruyette & Woods to “hold”.
• 6/15/2026 – Arrow Financial was upgraded by Zacks Research to “hold”.
• 6/12/2026 – Arrow Financial is now covered by Piper Sandler. They set an “overweight” rating and a $43.00 price target on the stock.
• 6/12/2026 – Arrow Financial is now covered by Piper Sandler. They set an “overweight” rating and a $43.00 price target on the stock.
• 5/16/2026 – Arrow Financial was downgraded by Wall Street Zen from “buy” to “hold”.

Arrow Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Investors of record on Tuesday, May 12th were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend was Tuesday, May 12th. Arrow Financial’s payout ratio is presently 38.83%.

Insider Activity at Arrow Financial

In related news, Director Mark Behan sold 4,110 shares of the company’s stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $38.59, for a total transaction of $158,604.90. Following the completion of the sale, the director directly owned 8,929 shares in the company, valued at $344,570.11. This represents a 31.52% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 3.48% of the stock is currently owned by insiders.

Arrow Financial Corporation is a bank holding company headquartered in Glens Falls, New York, that conducts its primary operations through its subsidiary, Glens Falls National Bank & Trust Company. The company provides a comprehensive suite of retail and commercial banking services, including checking and savings accounts, consumer and commercial lending, mortgage financing, and cash management solutions. Through its branch network, Arrow Financial serves individuals, small- and medium-sized businesses, and nonprofit organizations across the Adirondack region, Upper Hudson Valley, Mohawk Valley and parts of Central New York.

In addition to traditional banking, Arrow Financial has developed a robust wealth management and trust services division.