6 days Ago By Defense World Staff
Vanguard Group Inc. raised its stake in shares of Farmers National Banc Corp. (NASDAQ:FMNB – Free Report) by 4.
5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,038,771 shares of the bank’s stock after purchasing an additional 88,392 shares during the quarter. Vanguard Group Inc.
owned 5.42% of Farmers National Banc worth $28,991,000 as of its most recent filing with the Securities and Exchange Commission (SEC). A number of other hedge funds and other institutional investors have also bought and sold shares of the stock.
State Street Corp lifted its stake in Farmers National Banc by 3.5% during the third quarter. State Street Corp now owns 849,499 shares of the bank’s stock worth $12,844,000 after purchasing an additional 28,499 shares during the last quarter.
Geode Capital Management LLC grew its holdings in shares of Farmers National Banc by 5.5% during the 3rd quarter. Geode Capital Management LLC now owns 846,454 shares of the bank’s stock valued at $12,802,000 after purchasing an additional 44,349 shares during the last quarter.
Farmers Trust Co. raised its position in Farmers National Banc by 5.8% in the 4th quarter.
Farmers Trust Co. now owns 440,742 shares of the bank’s stock worth $6,267,000 after purchasing an additional 24,222 shares during the period. Bank of New York Mellon Corp raised its position in Farmers National Banc by 59.
2% in the 4th quarter. Bank of New York Mellon Corp now owns 315,501 shares of the bank’s stock worth $4,486,000 after purchasing an additional 117,384 shares during the period. Finally, LPL Financial LLC lifted its stake in Farmers National Banc by 454.
0% in the fourth quarter. LPL Financial LLC now owns 146,615 shares of the bank’s stock worth $2,085,000 after purchasing an additional 120,150 shares during the last quarter. Hedge funds and other institutional investors own 38.
72% of the company’s stock. Farmers National Banc Price PerformanceShares of FMNB opened at $11.97 on Tuesday.
The firm has a fifty day simple moving average of $13.40 and a two-hundred day simple moving average of $14.14.
The firm has a market cap of $450.25 million, a PE ratio of 9.81 and a beta of 0.
77. The company has a current ratio of 0.74, a quick ratio of 0.
74 and a debt-to-equity ratio of 0.20. Farmers National Banc Corp.
has a 1-year low of $11.55 and a 1-year high of $16.32.
Farmers National Banc (NASDAQ:FMNB – Get Free Report) last posted its quarterly earnings data on Wednesday, January 29th. The bank reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.
34 by $0.05. Farmers National Banc had a return on equity of 11.
71% and a net margin of 17.05%. On average, equities analysts anticipate that Farmers National Banc Corp.
will post 1.45 EPS for the current year. Farmers National Banc Dividend AnnouncementThe firm also recently declared a quarterly dividend, which was paid on Monday, March 31st.
Shareholders of record on Friday, March 14th were given a $0.17 dividend. The ex-dividend date was Friday, March 14th.
This represents a $0.68 annualized dividend and a yield of 5.68%.
Farmers National Banc’s payout ratio is presently 55.74%. Analyst Upgrades and DowngradesFMNB has been the topic of a number of recent analyst reports.
Piper Sandler cut their price target on shares of Farmers National Banc from $17.00 to $16.00 and set a “neutral” rating on the stock in a report on Monday, February 3rd.
StockNews.com raised shares of Farmers National Banc from a “sell” rating to a “hold” rating in a research report on Thursday, December 19th.View Our Latest Stock Analysis on Farmers National BancInsider Buying and SellingIn related news, Director Gina A.
Richardson acquired 2,334 shares of the firm’s stock in a transaction dated Wednesday, March 5th. The shares were purchased at an average price of $13.75 per share, with a total value of $32,092.
50. Following the completion of the purchase, the director now directly owns 9,896 shares of the company’s stock, valued at $136,070. This represents a 30.
86 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Ralph D.
Macali sold 14,300 shares of Farmers National Banc stock in a transaction dated Friday, January 31st. The shares were sold at an average price of $14.00, for a total value of $200,200.
00. Following the transaction, the director now directly owns 48,983 shares in the company, valued at approximately $685,762. The trade was a 22.
60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 4.
00% of the stock is owned by insiders. Farmers National Banc Profile (Free Report)Farmers National Banc Corp. operates as a bank holding company for The Farmers National Bank of Canfield engages in the banking, trust, retirement consulting, insurance, and financial management businesses.
It offers commercial and retail banking services, including checking, savings, and time deposit accounts; commercial, mortgage and installment, and home equity loans; home equity lines of credit, night depository, safe deposit box, money order, bank check, automated teller machine, Internet banking, travel card, E bond transaction, brokerage, and other services.Further ReadingFive stocks we like better than Farmers National BancThe 3 Best Blue-Chip Stocks to Buy NowWhy NVIDIA Stock Could Soar Despite Wall Street DowngradesHow the NYSE and NASDAQ are Different, Why That Matters to InvestorsTop 3 Large Cap Stocks Insiders Bought in Q1: Buy, Sell, or HoldBuy P&G Now, Before It Sets A New All-Time High3 Hot New IPOs Defying the 2025 Market Slump.
