Amalgamated Financial (NASDAQ:AMAL) Price Target Raised to $54.00

Amalgamated Financial (NASDAQ:AMAL) had its price target boosted by Keefe, Bruyette & Woods from $53.00 to $54.00 in a report released on Friday,Benzinga reports. The brokerage currently has an outperform rating on the stock.

Several other research analysts also recently issued reports on the stock. Weiss Ratings downgraded shares of Amalgamated Financial from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, July 21st. Zacks Research raised shares of Amalgamated Financial from a “strong sell” rating to a “hold” rating in a research report on Thursday, June 25th. Finally, Piper Sandler increased their target price on shares of Amalgamated Financial from $44.00 to $48.00 and gave the company a “neutral” rating in a research note on Friday, June 26th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $51.00.

Amalgamated Financial Stock Performance

Shares of Amalgamated Financial stock opened at $49.44 on Friday. Amalgamated Financial has a 1 year low of $25.13 and a 1 year high of $49.70. The company’s fifty day simple moving average is $44.46 and its 200-day simple moving average is $41.02. The company has a market cap of $1.48 billion, a price-to-earnings ratio of 13.18 and a beta of 0.79. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 0.09.

Amalgamated Financial (NASDAQ:AMAL) last released its earnings results on Thursday, July 23rd. The company reported $1.10 EPS for the quarter, beating the consensus estimate of $1.00 by $0.10. The firm had revenue of $96.10 million during the quarter, compared to analysts’ expectations of $92.09 million. Amalgamated Financial had a net margin of 23.34% and a return on equity of 14.49%. As a group, sell-side analysts expect that Amalgamated Financial will post 3.92 EPS for the current year.

Amalgamated Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 20th. Investors of record on Tuesday, August 4th will be given a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Tuesday, August 4th. Amalgamated Financial’s dividend payout ratio (DPR) is 18.13%.

Insider Buying and Selling

In other Amalgamated Financial news, CFO Jason Darby sold 3,000 shares of Amalgamated Financial stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $43.30, for a total transaction of $129,900.00. Following the sale, the chief financial officer owned 79,343 shares in the company, valued at $3,435,551.90. The trade was a 3.64% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Maryann Bruce sold 2,089 shares of the business’s stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $41.39, for a total transaction of $86,463.71. Following the completion of the sale, the director directly owned 19,942 shares in the company, valued at $825,399.38. This trade represents a 9.48% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 7,589 shares of company stock valued at $325,139 over the last ninety days. 1.63% of the stock is owned by company insiders.

Institutional Trading of Amalgamated Financial

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Osaic Holdings Inc. lifted its stake in Amalgamated Financial by 56.7% during the second quarter. Osaic Holdings Inc. now owns 1,080 shares of the company’s stock worth $34,000 after purchasing an additional 391 shares during the period. Arax Advisory Partners grew its stake in shares of Amalgamated Financial by 187.1% in the 4th quarter. Arax Advisory Partners now owns 1,269 shares of the company’s stock valued at $41,000 after purchasing an additional 827 shares during the period. Royal Bank of Canada grew its stake in shares of Amalgamated Financial by 143.8% in the 1st quarter. Royal Bank of Canada now owns 1,485 shares of the company’s stock valued at $57,000 after purchasing an additional 876 shares during the period. CWM LLC raised its holdings in shares of Amalgamated Financial by 41.2% in the 4th quarter. CWM LLC now owns 1,880 shares of the company’s stock worth $60,000 after buying an additional 549 shares in the last quarter. Finally, Tower Research Capital LLC TRC raised its holdings in shares of Amalgamated Financial by 140.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,014 shares of the company’s stock worth $63,000 after buying an additional 1,177 shares in the last quarter. Institutional investors own 75.93% of the company’s stock.

Amalgamated Financial News Roundup

Here are the key news stories impacting Amalgamated Financial this week:

• Positive Sentiment: Amalgamated Financial reported record second-quarter 2026 results, with earnings of $1.10 per share topping estimates of $1.00 and revenue of $96.1 million beating expectations. The company also highlighted record profitability and raised guidance, which supports the stock’s upward momentum. Article Title
• Positive Sentiment: Keefe, Bruyette & Woods raised its price target on AMAL from $53 to $54 and reiterated an “outperform” rating, signaling continued confidence in the bank’s earnings outlook and valuation. Article Title
• Positive Sentiment: The stock reached a new 12-month high after the dividend announcement, which may be encouraging income-focused investors and reinforcing bullish sentiment around the shares. Article Title
• Neutral Sentiment: Reports noted short interest at 0 shares, which makes the short-interest data effectively non-informative for trading sentiment and is unlikely to materially affect the stock today.

Amalgamated Financial Company Profile

Amalgamated Financial Corp. (NASDAQ: AMAL) is the bank holding company for Amalgamated Bank, a fully insured commercial bank with a historic mission of serving labor unions, progressive non-profits and mission-driven organizations. Founded in 1923 by the Amalgamated Clothing Workers of America, Amalgamated Bank has grown into a national institution offering a broad suite of banking services, including deposit accounts, commercial and consumer lending, cash management, and treasury solutions tailored to organizations with social responsibility or union affiliations.

In addition to core banking, Amalgamated Financial provides wealth management and trust services, retirement plan consulting and impact investing strategies.