Dimensional Fund Advisors LP Purchases 177,076 Shares of Commerce Bancshares, Inc. $CBSH

Key Points

• Dimensional Fund Advisors LP increased its stake in Commerce Bancshares by 7.2%, buying 177,076 shares to hold 2,643,001 shares (about 1.98%) valued at roughly $157.94 million at quarter-end.
• Commerce Bancshares announced a quarterly dividend of $0.275 (annualized $1.10) with an ex-dividend date of March 6, implying a yield of about 2.2%.
• Insiders have been net sellers—two senior VPs disclosed recent sales and insiders sold 29,477 shares (~$1.59M) in the last 90 days—while the stock trades near $49.60 and carries a consensus "Hold" rating with a ~$61.51 target.

Dimensional Fund Advisors LP grew its position in Commerce Bancshares, Inc. (NASDAQ:CBSH - Free Report) by 7.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,643,001 shares of the financial services provider's stock after purchasing an additional 177,076 shares during the period. Dimensional Fund Advisors LP owned approximately 1.98% of Commerce Bancshares worth $157,942,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Cresset Asset Management LLC grew its holdings in shares of Commerce Bancshares by 4.4% during the third quarter. Cresset Asset Management LLC now owns 10,601 shares of the financial services provider's stock worth $634,000 after buying an additional 450 shares in the last quarter. Focus Partners Advisor Solutions LLC boosted its position in Commerce Bancshares by 4.2% during the 3rd quarter. Focus Partners Advisor Solutions LLC now owns 8,575 shares of the financial services provider's stock worth $514,000 after acquiring an additional 347 shares during the last quarter. 111 Capital acquired a new position in Commerce Bancshares during the 3rd quarter worth approximately $360,000. Elo Mutual Pension Insurance Co grew its stake in shares of Commerce Bancshares by 21.8% during the 3rd quarter. Elo Mutual Pension Insurance Co now owns 14,977 shares of the financial services provider's stock worth $895,000 after acquiring an additional 2,677 shares in the last quarter. Finally, Fisher Asset Management LLC grew its stake in shares of Commerce Bancshares by 23.9% during the 3rd quarter. Fisher Asset Management LLC now owns 251,804 shares of the financial services provider's stock worth $15,048,000 after acquiring an additional 48,508 shares in the last quarter. 70.26% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, SVP David L. Roller sold 1,134 shares of the firm's stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $54.48, for a total value of $61,780.32. Following the completion of the sale, the senior vice president directly owned 30,535 shares in the company, valued at approximately $1,663,546.80. This trade represents a 3.58% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Kim L. Jakovich sold 949 shares of Commerce Bancshares stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $51.45, for a total value of $48,826.05. Following the transaction, the senior vice president owned 12,741 shares of the company's stock, valued at $655,524.45. The trade was a 6.93% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 29,477 shares of company stock worth $1,586,655 in the last 90 days. 3.10% of the stock is owned by corporate insiders.

Commerce Bancshares News Summary

Here are the key news stories impacting Commerce Bancshares this week:

• Positive Sentiment: Investors are responding to a recent rating upgrade and management commentary on balance-sheet optimization, which supports the view that the bank can improve capital deployment and profitability over time. How Investors Are Reacting To Commerce Bancshares (CBSH) Rating Upgrade And Balance-Sheet Optimization Focus
• Neutral Sentiment: Zacks Research published a FY2026 earnings outlook for CBSH that frames analyst expectations for next-year EPS; this provides a baseline for valuation but did not contain immediate surprises. What is Zacks Research's Forecast for CBSH FY2026 Earnings?
• Neutral Sentiment: A recent piece asked whether current share-price weakness is reflected in CBSH’s valuation, highlighting mixed investor views on fair value versus fundamentals. Is Commerce Bancshares (CBSH) Pricing Reflect Its Recent Share Price Weakness?
• Neutral Sentiment: Short-interest reporting appears anomalous (reported as 0 shares with NaN change), so there’s no clear evidence of rising short pressure affecting the stock today. (Data looks like a reporting error and likely not material.)
• Negative Sentiment: Morgan Stanley cut its target for Commerce as the buy-side raises the bar for bank stocks, a move that increases near-term downside risk by lowering analyst support and influencing investor sentiment. Morgan Stanley Lowers Commerce Bancshares (CBSH) Target as Bank Sector Bar Rises
• Negative Sentiment: Two senior VPs disclosed open-market sales (861 shares at ~$51.69 and 949 shares at ~$51.45), trimming their positions by ~13% and ~7% respectively—insider selling can weigh on sentiment even if sales are routine. Margaret M. Rowe Form 4 Kim L. Jakovich Form 4

Commerce Bancshares Trading Down 1.5%

NASDAQ:CBSH opened at $49.60 on Tuesday. The stock has a market capitalization of $7.29 billion, a PE ratio of 11.84, a P/E/G ratio of 2.53 and a beta of 0.61. Commerce Bancshares, Inc. has a 1-year low of $48.58 and a 1-year high of $63.19. The firm has a fifty day simple moving average of $53.23 and a 200 day simple moving average of $53.67.

Commerce Bancshares (NASDAQ:CBSH - Get Free Report) last posted its quarterly earnings results on Thursday, January 22nd. The financial services provider reported $1.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.02. The firm had revenue of $449.36 million for the quarter, compared to analyst estimates of $442.47 million. Commerce Bancshares had a net margin of 26.51% and a return on equity of 15.34%. The company's quarterly revenue was up 6.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.01 earnings per share. On average, equities analysts predict that Commerce Bancshares, Inc. will post 3.94 earnings per share for the current fiscal year.

Commerce Bancshares Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Friday, March 6th will be issued a $0.275 dividend. This represents a $1.10 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Friday, March 6th. Commerce Bancshares's dividend payout ratio is presently 26.25%.

Wall Street Analyst Weigh In

A number of analysts have recently commented on CBSH shares. Piper Sandler set a $62.00 price objective on shares of Commerce Bancshares and gave the stock a "neutral" rating in a research report on Monday, January 26th. TD Cowen decreased their target price on shares of Commerce Bancshares from $61.00 to $55.00 and set a "hold" rating for the company in a research report on Wednesday, January 7th. Morgan Stanley lowered their price target on shares of Commerce Bancshares from $67.00 to $65.00 and set an "equal weight" rating on the stock in a research note on Monday, March 2nd. Weiss Ratings reissued a "hold (c)" rating on shares of Commerce Bancshares in a research report on Monday, December 29th. Finally, Zacks Research upgraded shares of Commerce Bancshares from a "strong sell" rating to a "hold" rating in a research note on Wednesday, March 4th. One research analyst has rated the stock with a Buy rating and eight have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $61.51.

Commerce Bancshares Company Profile

Commerce Bancshares, Inc is a bank holding company primarily engaged in providing a broad range of banking and financial services across the Midwest. Through its principal subsidiary, Commerce Bank, the company offers commercial and consumer banking, treasury management, trust and wealth advisory, and mortgage lending. Its diversified product suite includes deposit and loan products, cash management solutions, capital markets services, and private banking designed to meet the needs of individuals, small businesses, and large corporations.

The company's commercial banking group delivers tailored credit facilities, equipment and inventory financing, asset-based lending, and merchant services.

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