Seacoast Banking Corporation of Florida $SBCF Shares Purchased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP boosted its position in shares of Seacoast Banking Corporation of Florida (NASDAQ:SBCF) by 4.1% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 3,150,592 shares of the financial services provider’s stock after acquiring an additional 123,273 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Seacoast Banking Corporation of Florida were worth $95,427,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SBCF. Aster Capital Management DIFC Ltd purchased a new position in shares of Seacoast Banking Corporation of Florida during the fourth quarter worth approximately $26,000. Salomon & Ludwin LLC boosted its stake in Seacoast Banking Corporation of Florida by 59.3% during the 4th quarter. Salomon & Ludwin LLC now owns 956 shares of the financial services provider’s stock worth $31,000 after purchasing an additional 356 shares during the period. Measured Wealth Private Client Group LLC acquired a new stake in Seacoast Banking Corporation of Florida during the 3rd quarter worth $33,000. Advisory Services Network LLC acquired a new stake in shares of Seacoast Banking Corporation of Florida during the third quarter worth about $45,000. Finally, Kestra Advisory Services LLC purchased a new position in shares of Seacoast Banking Corporation of Florida during the fourth quarter worth about $50,000. Hedge funds and other institutional investors own 81.77% of the company’s stock.

Seacoast Banking Corporation of Florida Stock Up 1.3%

Shares of NASDAQ:SBCF opened at $34.10 on Thursday. Seacoast Banking Corporation of Florida has a fifty-two week low of $27.22 and a fifty-two week high of $35.55. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.33. The firm’s 50-day simple moving average is $31.98 and its 200-day simple moving average is $31.94. The company has a market cap of $3.32 billion, a price-to-earnings ratio of 21.72 and a beta of 0.85.

Seacoast Banking Corporation of Florida (NASDAQ:SBCF) last posted its quarterly earnings results on Tuesday, July 28th. The financial services provider reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.01. The firm had revenue of $209.99 million during the quarter, compared to analysts’ expectations of $209.84 million. Seacoast Banking Corporation of Florida had a net margin of 15.11% and a return on equity of 8.78%. As a group, equities research analysts predict that Seacoast Banking Corporation of Florida will post 2.51 earnings per share for the current year.

Seacoast Banking Corporation of Florida Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be given a dividend of $0.19 per share. The ex-dividend date is Tuesday, September 15th. This represents a $0.76 annualized dividend and a yield of 2.2%. Seacoast Banking Corporation of Florida’s payout ratio is presently 50.00%.

Insider Transactions at Seacoast Banking Corporation of Florida

In other news, EVP James C. Stallings III sold 7,552 shares of the stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $31.16, for a total transaction of $235,320.32. Following the completion of the transaction, the executive vice president directly owned 7,247 shares of the company’s stock, valued at approximately $225,816.52. This represents a 51.03% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Charles M. Shaffer sold 10,367 shares of the firm’s stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $30.88, for a total value of $320,132.96. Following the completion of the sale, the chief executive officer directly owned 174,113 shares of the company’s stock, valued at $5,376,609.44. This represents a 5.62% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 29,919 shares of company stock valued at $942,733. Corporate insiders own 1.50% of the company’s stock.

Analyst Upgrades and Downgrades

SBCF has been the topic of several recent research reports. Wall Street Zen upgraded Seacoast Banking Corporation of Florida from a “sell” rating to a “hold” rating in a research report on Tuesday, June 2nd. Weiss Ratings upgraded Seacoast Banking Corporation of Florida from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, June 30th. Finally, Piper Sandler boosted their target price on Seacoast Banking Corporation of Florida from $32.50 to $34.00 and gave the company a “neutral” rating in a report on Monday, June 22nd. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $35.00.

Trending Headlines about Seacoast Banking Corporation of Florida

Here are the key news stories impacting Seacoast Banking Corporation of Florida this week:

• Positive Sentiment: Seacoast reported quarterly earnings of $0.61 per share, exceeding the $0.60 analyst consensus and rising from $0.52 a year earlier. Revenue of approximately $210.0 million was broadly in line with, and marginally above, the cited consensus estimate. Seacoast Banking Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: The year-over-year improvement in EPS supports the view that Seacoast is benefiting from better profitability, while its reported 14.42% net margin and 8.23% return on equity provide additional evidence of operating strength. Seacoast Banking Corporation Earnings Results
• Neutral Sentiment: Management’s Q2 earnings call is the key source for investors seeking additional detail on loan growth, deposits, credit quality, expenses and the outlook for the remainder of 2026. The company is currently expected to generate approximately $2.51 in full-year EPS. Seacoast Banking Q2 2026 Earnings Call Transcript
• Negative Sentiment: Coverage characterized the quarter as mixed, with some analyses pointing to a sales or revenue miss against their preferred benchmark despite the modest beat versus the consensus figure. That inconsistency may limit investor enthusiasm and indicates that underlying revenue trends deserve closer scrutiny. Seacoast Banking Misses Q2 Sales Expectations

Seacoast Banking Corporation of Florida Company Profile

Seacoast Banking Corporation of Florida operates as a bank holding company through its principal subsidiary, Seacoast National Bank. Headquartered in Stuart, Florida, Seacoast National Bank provides a full range of commercial and retail banking services across the coastal region of Florida. Its network of branches serves customers from Martin County through Miami-Dade County, offering deposit accounts, lending solutions, cash management and payment services to individuals, small businesses and middle-market companies.

In addition to traditional banking, Seacoast offers specialized mortgage lending and wealth management services.