Zions Bancorporation, N.A. (NASDAQ:ZION) Cut to “Neutral” at Robert W. Baird

Robert W. Baird lowered shares of Zions Bancorporation, N.A. (NASDAQ:ZION) from an outperform rating to a neutral rating in a research note issued to investors on Monday morning, Marketbeat.com reports. The firm currently has $65.00 price objective on the bank’s stock.

Several other equities analysts have also issued reports on the company. Truist Financial lifted their target price on Zions Bancorporation, N.A. from $61.00 to $63.00 and gave the company a “hold” rating in a research note on Thursday, January 22nd. Weiss Ratings raised shares of Zions Bancorporation, N.A. from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, February 3rd. JPMorgan Chase & Co. upped their target price on Zions Bancorporation, N.A. from $62.00 to $67.00 and gave the company a “neutral” rating in a research report on Tuesday, December 16th. Barclays increased their price objective on shares of Zions Bancorporation, N.A. from $61.00 to $68.00 and gave the company an “underweight” rating in a research report on Monday, January 5th. Finally, Bank of America upgraded Zions Bancorporation, N.A. from an “underperform” rating to a “neutral” rating and raised their target price for the stock from $59.00 to $62.00 in a research note on Thursday, October 23rd. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, fifteen have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $63.32.

Zions Bancorporation, N.A. Trading Down 1.8%

NASDAQ ZION opened at $62.91 on Monday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.82 and a current ratio of 0.82. The company’s 50-day simple moving average is $59.85 and its two-hundred day simple moving average is $56.19. Zions Bancorporation, N.A. has a one year low of $39.32 and a one year high of $66.18. The company has a market capitalization of $9.29 billion, a price-to-earnings ratio of 10.49 and a beta of 0.85.

Zions Bancorporation, N.A. Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 19th. Stockholders of record on Thursday, February 12th will be given a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Thursday, February 12th. Zions Bancorporation, N.A.’s dividend payout ratio is 30.00%.

Insider Buying and Selling

In other Zions Bancorporation, N.A. news, EVP Jennifer Anne Smith sold 6,558 shares of the firm’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $64.80, for a total value of $424,958.40. Following the completion of the sale, the executive vice president directly owned 18,761 shares of the company’s stock, valued at $1,215,712.80. This trade represents a 25.90% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, President Scott J. Mclean sold 28,980 shares of Zions Bancorporation, N.A. stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $61.15, for a total transaction of $1,772,127.00. Following the sale, the president directly owned 82,250 shares in the company, valued at approximately $5,029,587.50. The trade was a 26.05% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 53,302 shares of company stock worth $3,356,517 over the last quarter. Corporate insiders own 2.22% of the company’s stock.

Institutional Investors Weigh In On Zions Bancorporation, N.A.

Several large investors have recently bought and sold shares of ZION. Norges Bank acquired a new position in Zions Bancorporation, N.A. in the fourth quarter valued at approximately $105,700,000. Allianz Asset Management GmbH raised its stake in Zions Bancorporation, N.A. by 168.4% during the 2nd quarter. Allianz Asset Management GmbH now owns 1,209,455 shares of the bank’s stock valued at $62,819,000 after acquiring an additional 758,855 shares during the last quarter. AQR Capital Management LLC grew its position in Zions Bancorporation, N.A. by 31.6% in the 3rd quarter. AQR Capital Management LLC now owns 2,963,545 shares of the bank’s stock valued at $167,677,000 after buying an additional 711,218 shares during the last quarter. Adage Capital Partners GP L.L.C. purchased a new stake in shares of Zions Bancorporation, N.A. in the second quarter valued at about $32,008,000. Finally, Balyasny Asset Management L.P. purchased a new position in shares of Zions Bancorporation, N.A. during the 2nd quarter worth approximately $31,224,000. Hedge funds and other institutional investors own 76.84% of the company’s stock.

Trending Headlines about Zions Bancorporation, N.A.

Here are the key news stories impacting Zions Bancorporation, N.A. this week:

• Positive Sentiment: Zacks Research raised multiple quarterly and annual EPS forecasts for ZION across 2026–2028 (examples: Q1 2026 to $1.40 from $1.30; Q2 2026 to $1.53 from $1.42; FY2026 to $6.00 from $5.67; FY2027 to $6.30 from $5.85; FY2028 $7.51). These upgrades improve the earnings trajectory and support valuation upside.
• Positive Sentiment: The board declared a quarterly dividend of $0.45 (ex-dividend date Feb 12, payable Feb 19), implying a ~2.8% yield and a ~30% payout ratio — supportive for income-oriented investors and shareholder stability.
• Positive Sentiment: Short interest fell ~16.8% in January to ~5.33M shares (about 3.7% of float, ~2.4 days to cover), indicating reduced bearish positioning/short covering that can remove downward pressure on the stock.
• Positive Sentiment: Several institutional investors modestly increased or initiated positions in recent filings (e.g., Geode, LSV Asset Management), signaling ongoing institutional confidence and demand.
• Neutral Sentiment: Consensus analyst mix remains centered around an average “Hold” rating and an average target near $63.32 — suggests market expectations are mixed despite recent estimate upgrades.
• Negative Sentiment: Robert W. Baird lowered its rating on ZION to “Neutral” (reported by American Banking News), a sell-side downgrade that can weigh on sentiment and short-term flows. Article Title
• Negative Sentiment: An executive vice president sold 6,558 shares on Feb. 6 at ~$64.80 (filed with the SEC), reducing her holding by ~25.9% — insider selling can be interpreted negatively by some investors even when part of routine portfolio moves. Article Title

Zions Bancorporation, N.A. Company Profile

Zions Bancorporation, N.A. is a bank holding company headquartered in Salt Lake City, Utah, offering a full suite of banking and financial services to individuals, businesses and institutions. Through its primary subsidiary, Zions Bank, the company provides commercial banking, retail banking and wealth management solutions designed to serve the needs of small businesses, middle‐market firms and high‐net‐worth clients. Its service portfolio includes deposit accounts, cash‐management tools, lending products, mortgage origination, treasury services and investment advisory services.

The company’s commercial banking segment delivers custom credit and treasury management services, including working capital lines of credit, equipment financing and international trade finance.