Bessemer Group Inc. boosted its stake in Atlantic Union Bankshares Co. (NYSE:AUB – Free Report) by 12,923.8% during the first quarter, Holdings Channel.com reports. The institutional investor owned 108,358 shares of the company’s stock after acquiring an additional 107,526 shares during the period. Bessemer Group Inc.’s holdings in Atlantic Union Bankshares were worth $3,872,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. IFP Advisors Inc grew its holdings in shares of Atlantic Union Bankshares by 362.5% during the fourth quarter. IFP Advisors Inc now owns 740 shares of the company’s stock worth $26,000 after buying an additional 580 shares in the last quarter. Commonwealth Retirement Investments LLC purchased a new position in shares of Atlantic Union Bankshares during the fourth quarter valued at approximately $39,000. EverSource Wealth Advisors LLC lifted its stake in shares of Atlantic Union Bankshares by 504.7% during the second quarter. EverSource Wealth Advisors LLC now owns 1,542 shares of the company’s stock valued at $48,000 after buying an additional 1,287 shares during the period. Farther Finance Advisors LLC boosted its position in Atlantic Union Bankshares by 138.9% during the fourth quarter. Farther Finance Advisors LLC now owns 2,064 shares of the company’s stock worth $73,000 after acquiring an additional 1,200 shares during the last quarter. Finally, Johnson Financial Group Inc. purchased a new stake in Atlantic Union Bankshares in the 3rd quarter worth approximately $77,000. Hedge funds and other institutional investors own 78.58% of the company’s stock.
Analyst Ratings Changes
Several research analysts have weighed in on AUB shares. Piper Sandler boosted their price target on Atlantic Union Bankshares from $45.00 to $46.00 and gave the company an “overweight” rating in a report on Thursday, June 11th. Zacks Research cut Atlantic Union Bankshares from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 31st. Weiss Ratings initiated coverage on Atlantic Union Bankshares in a research report on Monday, July 6th. They issued a “buy (b-)” rating for the company. TD Cowen upped their target price on Atlantic Union Bankshares from $44.00 to $45.00 and gave the company a “buy” rating in a research note on Tuesday, May 12th. Finally, Stephens reiterated an “overweight” rating and set a $46.00 target price on shares of Atlantic Union Bankshares in a research report on Thursday, June 11th. Five research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $43.62.
Atlantic Union Bankshares Trading Up 1.5%
AUB stock opened at $42.68 on Wednesday. The company has a market cap of $6.11 billion, a price-to-earnings ratio of 18.08 and a beta of 0.79. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.15. The business has a fifty day simple moving average of $39.68 and a 200-day simple moving average of $38.36. Atlantic Union Bankshares Co. has a 52 week low of $30.39 and a 52 week high of $43.62.
Atlantic Union Bankshares (NYSE:AUB – Get Free Report) last issued its earnings results on Tuesday, July 21st. The company reported $0.94 earnings per share for the quarter, beating analysts’ consensus estimates of $0.92 by $0.02. Atlantic Union Bankshares had a return on equity of 10.74% and a net margin of 15.50%.The firm had revenue of $387.57 million for the quarter, compared to analysts’ expectations of $389.06 million. During the same quarter last year, the firm earned $0.95 earnings per share. The firm’s revenue for the quarter was up 3.1% compared to the same quarter last year. On average, equities research analysts expect that Atlantic Union Bankshares Co. will post 3.74 EPS for the current year.
Atlantic Union Bankshares Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Friday, May 22nd were paid a dividend of $0.37 per share. The ex-dividend date was Friday, May 22nd. This represents a $1.48 annualized dividend and a yield of 3.5%. Atlantic Union Bankshares’s dividend payout ratio is currently 62.71%.
Trending Headlines about Atlantic Union Bankshares
Here are the key news stories impacting Atlantic Union Bankshares this week:
- Positive Sentiment: AUB reported adjusted EPS of $0.94, topping the $0.92 consensus, while revenue came in at $387.6 million and rose 3.1% year over year, signaling solid core performance. Article: Atlantic Union (AUB) Surpasses Q2 Earnings and Revenue Estimates
- Positive Sentiment: The quarter showed steady balance-sheet expansion, with loans at $28.67 billion and deposits at $30.47 billion, alongside a strong net interest margin of 3.89%, which supports earnings durability. Article: Atlantic Union Bankshares: A Quality Hold
- Positive Sentiment: Credit quality remained favorable, with net charge-offs of just 0.03% of loans and allowance for credit losses held at 1.15%, reducing concerns about near-term loan losses. Article: Atlantic Union Bankshares: A Quality Hold
- Neutral Sentiment: Multiple earnings-call recaps and transcripts were published today, which could keep investor attention on management’s outlook, but they do not add new fundamental information beyond the reported results. Article: Atlantic Union Bankshares Corporation (AUB) Q2 2026 Earnings Call Transcript
Atlantic Union Bankshares Profile
Atlantic Union Bankshares, Inc is a bank holding company headquartered in Richmond, Virginia, operating through its principal subsidiary Atlantic Union Bank. The company offers a full suite of commercial and consumer banking services to individuals, businesses and institutions across Virginia, Maryland, North Carolina and the District of Columbia. Leveraging a network of full-service branches, commercial lending offices and digital platforms, Atlantic Union Bankshares focuses on relationship-driven solutions tailored to its regional client base.
Atlantic Union’s product lineup includes traditional deposit accounts, such as checking, savings and money market accounts, along with certificates of deposit.
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