Prosperity Bancshares, Inc. $PB Shares Bought by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC grew its position in Prosperity Bancshares, Inc. (NYSE:PB) by 43.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 32,978 shares of the bank’s stock after purchasing an additional 10,050 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Prosperity Bancshares were worth $2,163,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Boston Partners increased its holdings in Prosperity Bancshares by 68.9% in the second quarter. Boston Partners now owns 554,502 shares of the bank’s stock valued at $38,945,000 after buying an additional 226,232 shares during the last quarter. Sequoia Financial Advisors LLC acquired a new position in shares of Prosperity Bancshares during the 2nd quarter worth about $572,000. Praxis Investment Management Inc. purchased a new position in shares of Prosperity Bancshares in the 2nd quarter valued at about $298,000. Pacer Advisors Inc. acquired a new stake in shares of Prosperity Bancshares during the 3rd quarter worth about $1,488,000. Finally, SG Americas Securities LLC lifted its stake in Prosperity Bancshares by 634.1% during the third quarter. SG Americas Securities LLC now owns 16,371 shares of the bank’s stock worth $1,086,000 after purchasing an additional 14,141 shares during the last quarter. Institutional investors and hedge funds own 80.69% of the company’s stock.

Analyst Ratings Changes

PB has been the topic of several recent analyst reports. Barclays set a $75.00 price target on shares of Prosperity Bancshares in a research note on Thursday. Royal Bank Of Canada dropped their target price on shares of Prosperity Bancshares from $78.00 to $72.00 and set a “sector perform” rating on the stock in a research report on Friday, October 10th. Hovde Group lifted their price target on shares of Prosperity Bancshares from $75.00 to $77.00 and gave the stock an “outperform” rating in a research note on Thursday. Stephens upped their price objective on shares of Prosperity Bancshares from $77.00 to $81.00 and gave the company an “overweight” rating in a research note on Thursday, October 30th. Finally, DA Davidson reaffirmed a “neutral” rating and set a $76.00 price objective on shares of Prosperity Bancshares in a report on Thursday. Seven equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, Prosperity Bancshares presently has a consensus rating of “Moderate Buy” and an average target price of $79.31.

Key Prosperity Bancshares News

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

Shares of 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 cap of $6.50 billion, a P/E ratio of 11.94, a P/E/G ratio of 0.88 and a beta of 0.68. The firm has a fifty day moving average price of $70.91 and a 200 day moving average price of $68.31.

Prosperity Bancshares (NYSE:PB) last announced its earnings results on Wednesday, January 28th. The bank reported $1.46 EPS for the quarter, beating analysts’ consensus estimates of $1.45 by $0.01. Prosperity Bancshares had a net margin of 31.22% and a return on equity of 7.11%. The business had revenue of $317.73 million during the quarter, compared to analysts’ expectations of $319.30 million. During the same period in the prior year, the company earned $1.37 earnings per share. The business’s revenue was down 5.9% compared to the same quarter last year. Sell-side analysts expect that Prosperity Bancshares, Inc. will post 5.83 EPS for the current fiscal year.

Prosperity Bancshares Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Friday, March 13th will be given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend is Friday, March 13th. Prosperity Bancshares’s dividend payout ratio (DPR) is presently 42.78%.

Insider Buying and Selling at Prosperity Bancshares

In related news, Director Leah Henderson sold 1,050 shares of the stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $73.00, for a total transaction of $76,650.00. Following the completion of the sale, the director directly owned 8,075 shares of the company’s stock, valued at $589,475. This trade represents a 11.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Ned S. Holmes sold 600 shares of the business’s stock in a transaction on Wednesday, November 5th. The shares were sold at an average price of $66.84, for a total transaction of $40,104.00. Following the completion of the transaction, the director directly owned 43,300 shares in the company, valued at $2,894,172. This represents a 1.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 16,150 shares of company stock worth $1,129,356. 4.20% of the stock is currently owned by insiders.

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.