Research Analysts’ Weekly Ratings Changes for Nicolet Bankshares (NIC)

A number of firms have modified their ratings and price targets on shares of Nicolet Bankshares (NYSE: NIC) recently:

• 4/23/2026 – Nicolet Bankshares had its price target lowered by Hovde Group from $190.00 to $180.00. They now have an “outperform” rating on the stock.
• 4/22/2026 – Nicolet Bankshares had its price target lowered by Piper Sandler from $185.00 to $183.00. They now have an “overweight” rating on the stock.
• 4/21/2026 – Nicolet Bankshares had its “buy (b)” rating reaffirmed by Weiss Ratings.
• 4/20/2026 – Nicolet Bankshares was downgraded by Zacks Research from “strong-buy” to “hold”.

Nicolet Bankshares Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be paid a dividend of $0.36 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a $1.44 annualized dividend and a yield of 1.0%. This is a boost from Nicolet Bankshares’s previous quarterly dividend of $0.32. Nicolet Bankshares’s dividend payout ratio (DPR) is currently 15.01%.

Insider Buying and Selling

In other Nicolet Bankshares news, Director Robert Bruce Atwell sold 3,309 shares of the company’s stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $149.82, for a total transaction of $495,754.38. Following the completion of the sale, the director directly owned 34,054 shares of the company’s stock, valued at $5,101,970.28. This represents a 8.86% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Over the last ninety days, insiders sold 13,036 shares of company stock worth $1,992,022. 7.20% of the stock is owned by corporate insiders.

Nicolet Bankshares, Inc is a bank holding company headquartered in Green Bay, Wisconsin. Through its subsidiary, Nicolet National Bank, it provides a range of commercial and consumer banking services to businesses, individuals and nonprofit organizations across northeastern Wisconsin and the Upper Peninsula of Michigan. The company’s branch network, digital banking platform and commercial lending centers support its focus on community banking and regional growth.

The company offers deposit products such as checking, savings and money market accounts, alongside consumer and commercial lending solutions.