Caxton Associates LLP Purchases 70,252 Shares of Associated Banc-Corp $ASB

Caxton Associates LLP lifted its position in shares of Associated Banc-Corp (NYSE:ASB) by 687.5% in the first quarter, HoldingsChannel.com reports. The fund owned 80,471 shares of the bank’s stock after buying an additional 70,252 shares during the period. Caxton Associates LLP’s holdings in Associated Banc were worth $2,081,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in ASB. Sei Investments Co. raised its position in Associated Banc by 134.1% during the first quarter. Sei Investments Co. now owns 433,405 shares of the bank’s stock valued at $11,208,000 after purchasing an additional 248,265 shares in the last quarter. State of Wyoming acquired a new stake in shares of Associated Banc in the 1st quarter valued at $134,000. Cetera Investment Advisers increased its stake in shares of Associated Banc by 41.3% in the 1st quarter. Cetera Investment Advisers now owns 20,882 shares of the bank’s stock valued at $540,000 after purchasing an additional 6,099 shares during the last quarter. First Trust Advisors LP increased its stake in shares of Associated Banc by 127.6% in the 1st quarter. First Trust Advisors LP now owns 5,971,227 shares of the bank’s stock valued at $154,416,000 after purchasing an additional 3,347,699 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Associated Banc by 1.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 9,811,228 shares of the bank’s stock worth $253,709,000 after buying an additional 170,080 shares in the last quarter. Institutional investors and hedge funds own 82.98% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on ASB. Keefe, Bruyette & Woods upped their price objective on Associated Banc from $30.00 to $31.00 and gave the stock a “market perform” rating in a research report on Friday, April 24th. Barclays boosted their target price on Associated Banc from $33.00 to $34.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 7th. Raymond James Financial increased their target price on shares of Associated Banc from $31.00 to $35.00 and gave the stock an “outperform” rating in a report on Wednesday, July 1st. Truist Financial raised their price target on shares of Associated Banc from $30.00 to $32.00 and gave the company a “hold” rating in a research note on Friday, July 10th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Associated Banc in a report on Wednesday, June 24th. Six analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, Associated Banc presently has an average rating of “Moderate Buy” and a consensus price target of $31.00.

Insider Buying and Selling

In related news, EVP Dennis Deloye sold 14,299 shares of Associated Banc stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $28.26, for a total value of $404,089.74. Following the transaction, the executive vice president directly owned 21,385 shares of the company’s stock, valued at $604,340.10. The trade was a 40.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John B. Williams sold 4,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 28th. The shares were sold at an average price of $28.18, for a total value of $112,720.00. Following the completion of the sale, the director owned 67,420 shares in the company, valued at $1,899,895.60. The trade was a 5.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 28,299 shares of company stock worth $801,760. Corporate insiders own 0.71% of the company’s stock.

Associated Banc Price Performance

ASB stock opened at $30.78 on Friday. The company has a market capitalization of $5.81 billion, a P/E ratio of 10.76, a PEG ratio of 1.12 and a beta of 0.76. The company has a fifty day moving average price of $29.45 and a 200-day moving average price of $27.82. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.90 and a current ratio of 0.90. Associated Banc-Corp has a 52-week low of $23.63 and a 52-week high of $31.83.

Associated Banc (NYSE:ASB) last posted its quarterly earnings data on Thursday, July 23rd. The bank reported $0.73 earnings per share for the quarter, beating analysts’ consensus estimates of $0.72 by $0.01. The business had revenue of $450.44 million during the quarter, compared to the consensus estimate of $438.01 million. Associated Banc had a return on equity of 11.03% and a net margin of 19.66%.During the same period in the prior year, the business posted $0.65 earnings per share. As a group, equities analysts expect that Associated Banc-Corp will post 2.91 EPS for the current year.

Associated Banc Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were given a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date was Monday, June 1st. Associated Banc’s payout ratio is 33.33%.

Key Headlines Impacting Associated Banc

Here are the key news stories impacting Associated Banc this week:

• Positive Sentiment: ASB reported adjusted Q2 EPS of $0.73, slightly ahead of the $0.72 consensus, while revenue of $450.4 million also beat estimates. The beat suggests the bank is executing well operationally. Associated Banc-Corp (ASB) Surpasses Q2 Earnings and Revenue Estimates
• Positive Sentiment: Net interest income, fee income, loans, and deposits all improved year over year, signaling healthier underlying business momentum and better revenue generation. Associated Banc-Corp Q2 Earnings Beat as NII, Fee Income Improve Y/Y
• Positive Sentiment: Management said it targets 18%–20% loan growth in 2026 and plans to resume share repurchases in the second half, both of which are supportive of future earnings per share and shareholder returns.
• Neutral Sentiment: Several follow-up articles and the earnings call transcript highlighted strong loan growth and strategic initiatives, but these were largely reiterations of the earnings release rather than new market-moving developments.
• Neutral Sentiment: The stock had already moved higher into the earnings release and is now trading near its 52-week high, which may limit upside if investors begin to focus on execution versus valuation.

Associated Banc Company Profile

Associated Banc-Corp, through its primary subsidiary Associated Bank, N.A., is a regional financial services company headquartered in Green Bay, Wisconsin. The bank operates more than 200 branches across the Midwest, offering community-focused banking solutions for individuals, small businesses and commercial clients. Its emphasis on personalized service and regional decision-making supports long-standing customer relationships.

On the consumer side, Associated Bank provides checking and savings accounts, residential mortgages, home equity lines of credit, auto financing and credit card products.