S&T Bancorp, Inc. (NASDAQ:STBA) Receives Consensus Rating of “Hold” from Analysts

Shares of S&T Bancorp, Inc. (NASDAQ:STBA) have been assigned a consensus recommendation of “Hold” from the seven brokerages that are currently covering the firm, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price target among analysts that have covered the stock in the last year is $46.60.

Several equities research analysts have commented on STBA shares. Piper Sandler upped their target price on shares of S&T Bancorp from $45.00 to $51.00 and gave the company a “neutral” rating in a research note on Friday, June 26th. Weiss Ratings reissued a “buy (b)” rating on shares of S&T Bancorp in a research report on Monday, April 27th.

Hedge Funds Weigh In On S&T Bancorp

A number of large investors have recently bought and sold shares of STBA. Dimensional Fund Advisors LP grew its position in S&T Bancorp by 0.3% in the first quarter. Dimensional Fund Advisors LP now owns 2,345,177 shares of the financial services provider’s stock valued at $98,098,000 after purchasing an additional 6,583 shares in the last quarter. State Street Corp grew its holdings in S&T Bancorp by 3.7% during the fourth quarter. State Street Corp now owns 1,723,385 shares of the financial services provider’s stock worth $67,815,000 after purchasing an additional 61,800 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in shares of S&T Bancorp by 1.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,624,436 shares of the financial services provider’s stock worth $63,922,000 after acquiring an additional 20,411 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of S&T Bancorp by 0.4% in the fourth quarter. Geode Capital Management LLC now owns 958,685 shares of the financial services provider’s stock valued at $37,729,000 after purchasing an additional 3,388 shares during the last quarter. Finally, Millennium Management LLC grew its stake in S&T Bancorp by 33.5% in the 3rd quarter. Millennium Management LLC now owns 459,153 shares of the financial services provider’s stock valued at $17,260,000 after buying an additional 115,333 shares during the last quarter. Institutional investors and hedge funds own 65.22% of the company’s stock.

S&T Bancorp Price Performance

S&T Bancorp stock opened at $51.79 on Monday. The firm has a market capitalization of $1.86 billion, a P/E ratio of 13.77 and a beta of 0.84. S&T Bancorp has a 1 year low of $34.01 and a 1 year high of $52.12. The business has a 50-day moving average of $47.50 and a 200-day moving average of $44.25. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.05.

S&T Bancorp (NASDAQ:STBA) last announced its quarterly earnings results on Thursday, July 23rd. The financial services provider reported $1.02 earnings per share for the quarter, beating analysts’ consensus estimates of $0.92 by $0.10. S&T Bancorp had a net margin of 24.51% and a return on equity of 9.74%. The business had revenue of $105.24 million for the quarter, compared to the consensus estimate of $104.43 million. On average, equities analysts anticipate that S&T Bancorp will post 3.8 EPS for the current year.

S&T Bancorp Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 28th. Investors of record on Thursday, May 14th were paid a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend was Thursday, May 14th. This is a positive change from S&T Bancorp’s previous quarterly dividend of $0.36. S&T Bancorp’s dividend payout ratio (DPR) is currently 39.36%.

S&T Bancorp announced that its Board of Directors has approved a stock repurchase program on Thursday, July 23rd that authorizes the company to buyback $100.00 million in outstanding shares. This buyback authorization authorizes the financial services provider to repurchase up to 5.6% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s board believes its stock is undervalued.

More S&T Bancorp News

Here are the key news stories impacting S&T Bancorp this week:

• Positive Sentiment: S&T Bancorp reported second-quarter earnings and revenue that beat Wall Street expectations, reinforcing confidence in its operating performance.
• Positive Sentiment: The company announced a $100 million share repurchase authorization, a shareholder-friendly move that can help support the stock and reduce share count.
• Positive Sentiment: Management’s earnings-call tone was upbeat, highlighting strong growth and a stable outlook. Article: S&T Bancorp Highlights Strong Growth and Stable Outlook
• Neutral Sentiment: Coverage around the earnings call transcript and snapshot articles adds context but does not appear to introduce new material risks or surprises. Article: S&T Bancorp Inc (STBA) Q2 2026 Earnings Call Highlights

About S&T Bancorp

S&T Bancorp, Inc is a bank holding company headquartered in Indiana, Pennsylvania, serving as the parent of S&T Bank. Established as a banking organization in 1902 with the holding company formation following in the early 1980s, S&T Bancorp has built its reputation on delivering community-oriented financial services. The company operates under the NASDAQ ticker STBA, maintaining a focus on personalized banking solutions and local decision-making.

The company’s main business activities encompass a full suite of retail and commercial banking products.