AlphaQuest LLC Buys 42,560 Shares of Prosperity Bancshares, Inc. $PB

AlphaQuest LLC boosted its position in Prosperity Bancshares, Inc. (NYSE:PB) by 138.8% during the third quarter, Holdings Channel reports. The fund owned 73,221 shares of the bank’s stock after acquiring an additional 42,560 shares during the period. Prosperity Bancshares comprises 0.3% of AlphaQuest LLC’s holdings, making the stock its 13th biggest holding. AlphaQuest LLC’s holdings in Prosperity Bancshares were worth $4,858,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in PB. Mather Group LLC. bought a new position in shares of Prosperity Bancshares during the 3rd quarter valued at about $26,000. Annis Gardner Whiting Capital Advisors LLC bought a new stake in Prosperity Bancshares in the 3rd quarter worth approximately $42,000. Employees Retirement System of Texas purchased a new stake in Prosperity Bancshares in the second quarter worth approximately $48,000. Osaic Holdings Inc. boosted its stake in Prosperity Bancshares by 34.9% in the second quarter. Osaic Holdings Inc. now owns 719 shares of the bank’s stock worth $51,000 after buying an additional 186 shares in the last quarter. Finally, IFP Advisors Inc raised its stake in shares of Prosperity Bancshares by 1,251.4% during the second quarter. IFP Advisors Inc now owns 973 shares of the bank’s stock worth $68,000 after acquiring an additional 901 shares in the last quarter. Institutional investors own 80.69% of the company’s stock.

Insiders Place Their Bets

In other Prosperity Bancshares news, Director Ned S. Holmes sold 500 shares of the business’s stock in a transaction on Wednesday, January 28th. The shares were sold at an average price of $66.69, for a total transaction of $33,345.00. Following the transaction, the director directly owned 83,415 shares of the company’s stock, valued at approximately $5,562,946.35. The trade was a 0.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold a total of 16,150 shares of company stock valued at $1,129,356 in the last quarter. Insiders own 4.20% of the company’s stock.

Wall Street Analyst Weigh In

PB has been the subject of a number of recent research reports. Raymond James Financial lowered shares of Prosperity Bancshares from an “outperform” rating to a “market perform” rating in a report on Wednesday, January 7th. TD Cowen restated a “buy” rating on shares of Prosperity Bancshares in a research report on Wednesday, January 7th. Royal Bank Of Canada decreased their price objective on Prosperity Bancshares from $78.00 to $72.00 and set a “sector perform” rating on the stock in a report on Friday, October 10th. Weiss Ratings reissued a “hold (c)” rating on shares of Prosperity Bancshares in a research note on Wednesday, October 8th. Finally, Piper Sandler lowered Prosperity Bancshares from an “overweight” rating to a “neutral” rating and reduced their price target for the stock from $77.00 to $74.00 in a research report on Thursday. Seven equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $79.31.

Prosperity Bancshares News Summary

Here are the key news stories impacting Prosperity Bancshares this week:

• Positive Sentiment: Strategic rationale: the Stellar Bancorp deal expands Prosperity’s Texas footprint and deposit franchise, creating the second‑largest Texas bank by deposits — a scale/market share story that can support longer‑term growth. PROSPERITY BANCSHARES, INC.® AND STELLAR BANCORP, INC.
• Positive Sentiment: Analyst upgrade/target lift: Hovde Group raised its price target to $77 and rates PB “outperform,” signaling some analysts see the deal and recent results as accretive/opportunity. Finviz: Hovde raise
• Neutral Sentiment: Q4 results: Prosperity reported $1.46 EPS, beating consensus by $0.01, but revenues were slightly below estimates and down ~5.9% year‑over‑year. That keeps fundamentals mixed — modest earnings beat but soft top‑line. Q4 earnings press release / call
• Neutral Sentiment: DA Davidson reaffirmed a “neutral” rating with a $76 price target (implying upside from current levels), reflecting mixed analyst views on the acquisition’s near‑term impact. DA Davidson note
• Negative Sentiment: Immediate market reaction: shares initially sold off on the Stellar deal (reports noted a ~7–9% drop) as investors weighed transaction cost, dilution and execution risk. That volatility is likely driving intraday swings. Zacks: stock dips on Stellar deal
• Negative Sentiment: Insider selling: Director Ned S. Holmes reported small sales (600 and 500 shares) around $66.67–$66.69 on Jan. 28; while modest in dollar terms, insider sales can be perceived negatively by some investors. SEC filing: Holmes sale
• Negative Sentiment: Potential deal litigation/investigation: a plaintiff‑side law firm has flagged the Stellar transaction for review of price/process, which could introduce execution risk or delay. BusinessWire: investor alert

Prosperity Bancshares Price Performance

NYSE PB opened at $68.41 on Friday. Prosperity Bancshares, Inc. has a 1 year low of $61.06 and a 1 year high of $81.53. The stock has a market capitalization of $6.50 billion, a PE ratio of 11.94, a PEG ratio of 0.88 and a beta of 0.68. The business’s 50-day moving average is $70.91 and its 200 day moving average is $68.31.

Prosperity Bancshares (NYSE:PB) last released its quarterly earnings data on Wednesday, January 28th. The bank reported $1.46 earnings per share for the quarter, topping the consensus estimate of $1.45 by $0.01. The business had revenue of $317.73 million during the quarter, compared to analysts’ expectations of $319.30 million. Prosperity Bancshares had a return on equity of 7.11% and a net margin of 31.22%.The business’s revenue was down 5.9% on a year-over-year basis. During the same quarter last year, the business posted $1.37 EPS. As a group, equities research analysts anticipate that Prosperity Bancshares, Inc. will post 5.83 earnings per share for the current year.

Prosperity Bancshares Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Friday, March 13th will be issued a $0.60 dividend. The ex-dividend date is Friday, March 13th. This represents a $2.40 annualized dividend and a yield of 3.5%. Prosperity Bancshares’s payout ratio is 42.78%.

Prosperity Bancshares Company Profile

Prosperity Bancshares, Inc is a holding company for Prosperity Bank, offering a broad range of commercial and consumer banking services across Texas, Oklahoma, Arkansas and Louisiana. Through its network of branches and digital platforms, the company provides deposit products, business and real estate lending, treasury management, mortgage origination and servicing, as well as wealth management and trust services.

Originally chartered in 1911 as First National Bank in McKinney, Texas, the organization rebranded to Prosperity Bank in 2009 following a series of strategic acquisitions aimed at deepening its regional presence.