103,354 Valley National Bancorp $VLY Shares Sold by Leeward Investments LLC MA

Leeward Investments LLC MA lowered its position in shares of Valley National Bancorp (NASDAQ:VLY) by 5.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 1,717,294 shares of the company’s stock after selling 103,354 shares during the period. Valley National Bancorp accounts for 1.1% of Leeward Investments LLC MA’s portfolio, making the stock its 25th biggest holding. Leeward Investments LLC MA owned about 0.31% of Valley National Bancorp worth $21,672,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. BlackRock Inc. bought a new stake in Valley National Bancorp in the 2nd quarter valued at about $1,079,026,000. Wellington Management Group LLP grew its position in Valley National Bancorp by 29.5% in the 2nd quarter. Wellington Management Group LLP now owns 20,091,604 shares of the company’s stock worth $294,342,000 after purchasing an additional 4,576,448 shares during the last quarter. Azora Capital LP bought a new position in Valley National Bancorp in the 2nd quarter worth about $150,121,000. Freestone Grove Partners LP bought a new position in Valley National Bancorp in the 2nd quarter worth about $88,872,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Valley National Bancorp in the second quarter valued at approximately $68,276,000. Institutional investors and hedge funds own 61.00% of the company’s stock.

Key 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

Valley National Bancorp Stock Performance

VLY stock opened at $14.06 on Monday. The company has a market capitalization of $7.77 billion, a P/E ratio of 11.16 and a beta of 1.07. The company has a 50-day simple moving average of $13.42 and a 200 day simple moving average of $13.80. Valley National Bancorp has a fifty-two week low of $10.34 and a fifty-two week high of $15.20. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.35.

Valley National Bancorp (NASDAQ:VLY) last announced its earnings results on Thursday, October 22nd. The company reported $0.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.03. The firm had revenue of $581.10 million during the quarter, compared to analyst estimates of $577.82 million. Valley National Bancorp had a net margin of 20.44% and a return on equity of 9.63%. During the same quarter in the prior year, the firm posted $0.28 EPS. Sell-side analysts predict that Valley National Bancorp will post 1.27 earnings per share for the current fiscal year.

Valley National Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, January 4th. Stockholders of record on Tuesday, December 15th will be paid a $0.11 dividend. This represents a $0.44 dividend on an annualized basis 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%.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on VLY. Barclays lifted their price target on Valley National Bancorp from $14.00 to $15.00 and gave the company an “equal weight” rating in a report on Tuesday, July 7th. JPMorgan Chase & Co. boosted their price objective on Valley National Bancorp from $15.50 to $16.00 and gave the stock an “overweight” rating in a research report on Friday. National Bank Financial set a $15.50 price objective on Valley National Bancorp in a report on Thursday, October 1st. Weiss Ratings raised Valley National Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, October 16th. Finally, UBS Group raised their target price on Valley National Bancorp from $15.00 to $16.00 and gave the company a “buy” rating in a research report on Friday. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $16.31.

Valley National Bancorp Company 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.