Atlantic Union Bankshares Co. (NASDAQ:AUB) Receives Average Rating of "Moderate Buy" from Analysts

Key Points

• Nine analysts give Atlantic Union Bankshares an average "Moderate Buy" recommendation (five buys, four holds) with a mean 12‑month price target of $42.89.
• The company missed estimates in its latest quarter, reporting $0.89 EPS vs. $0.92 expected and $371.7M revenue vs. $391.2M expected; net margin was 15.53% and analysts project full‑year EPS of 3.26.
• Shares trade near $37.86 with a 52‑week range of $28.11–$42.18, a market cap around $5.42B and a PE of 16.5, and Director Nancy H. Agee recently made an insider purchase of 650 shares at $39.05 (insiders own 0.96%).

Atlantic Union Bankshares Co. (NASDAQ:AUB - Get Free Report) has received an average recommendation of "Moderate Buy" from the nine analysts that are presently covering the stock, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12-month target price among analysts that have covered the stock in the last year is $42.8889.

AUB has been the subject of several analyst reports. Zacks Research cut shares of Atlantic Union Bankshares from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, March 31st. Stephens upped their price target on shares of Atlantic Union Bankshares from $43.00 to $45.00 and gave the stock an "overweight" rating in a research report on Monday, January 26th. Morgan Stanley increased their price target on shares of Atlantic Union Bankshares from $44.00 to $47.00 and gave the company an "equal weight" rating in a research note on Monday, March 2nd. Finally, Piper Sandler decreased their price objective on shares of Atlantic Union Bankshares from $47.50 to $45.00 and set an "overweight" rating for the company in a research report on Wednesday, April 22nd.

Atlantic Union Bankshares Stock Performance

AUB opened at $37.86 on Wednesday. The business's 50-day simple moving average is $36.65 and its 200 day simple moving average is $36.30. Atlantic Union Bankshares has a 52-week low of $28.11 and a 52-week high of $42.18. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.91 and a current ratio of 0.91. The firm has a market capitalization of $5.42 billion, a PE ratio of 16.53 and a beta of 0.80.

Atlantic Union Bankshares (NASDAQ:AUB - Get Free Report) last posted its quarterly earnings results on Tuesday, April 21st. The company reported $0.89 earnings per share for the quarter, missing analysts' consensus estimates of $0.92 by ($0.03). The company had revenue of $371.71 million during the quarter, compared to the consensus estimate of $391.24 million. Atlantic Union Bankshares had a net margin of 15.53% and a return on equity of 8.50%. During the same quarter in the prior year, the business earned $0.90 earnings per share. As a group, sell-side analysts expect that Atlantic Union Bankshares will post 3.26 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Atlantic Union Bankshares news, Director Nancy H. Agee purchased 650 shares of Atlantic Union Bankshares stock in a transaction that occurred on Monday, April 20th. The stock was acquired at an average price of $39.05 per share, for a total transaction of $25,382.50. Following the completion of the acquisition, the director owned 37,797 shares of the company's stock, valued at approximately $1,475,972.85. This trade represents a 1.75% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.96% of the company's stock.

Institutional Trading of Atlantic Union Bankshares

A number of hedge funds have recently made changes to their positions in AUB. IFP Advisors Inc increased its holdings in shares of Atlantic Union Bankshares by 362.5% during the 4th quarter. IFP Advisors Inc now owns 740 shares of the company's stock worth $26,000 after acquiring an additional 580 shares during the last quarter. Westside Investment Management Inc. lifted its holdings in Atlantic Union Bankshares by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 780 shares of the company's stock valued at $27,000 after purchasing an additional 390 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in Atlantic Union Bankshares by 309.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 864 shares of the company's stock valued at $30,000 after purchasing an additional 653 shares during the last quarter. Commonwealth Retirement Investments LLC bought a new position in Atlantic Union Bankshares during the fourth quarter worth $39,000. Finally, EverSource Wealth Advisors LLC boosted its position in Atlantic Union Bankshares by 504.7% during the second quarter. EverSource Wealth Advisors LLC now owns 1,542 shares of the company's stock worth $48,000 after purchasing an additional 1,287 shares during the period. 78.58% of the stock is owned by institutional investors and hedge funds.

Atlantic Union Bankshares Company Profile

Atlantic Union Bankshares, Inc is a bank holding company headquartered in Richmond, Virginia, operating through its principal subsidiary Atlantic Union Bank. The company offers a full suite of commercial and consumer banking services to individuals, businesses and institutions across Virginia, Maryland, North Carolina and the District of Columbia. Leveraging a network of full-service branches, commercial lending offices and digital platforms, Atlantic Union Bankshares focuses on relationship-driven solutions tailored to its regional client base.

Atlantic Union's product lineup includes traditional deposit accounts, such as checking, savings and money market accounts, along with certificates of deposit.

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