Insider Selling: F.N.B. (NYSE:FNB) Insider Sells 4,055 Shares

Key Points

• F.N.B. insider Bryant Mitchell David sold 4,055 shares for approximately $78,059, reducing his holdings by 2.73% to 144,283 shares.
• F.N.B. shares rose 0.1% to $19.00, near the company’s 52-week high of $19.59. The bank reported quarterly EPS of $0.42, matching estimates, and declared a $0.13 quarterly dividend, yielding 2.7% annually.
• Analyst sentiment remains broadly positive, with a “Moderate Buy” consensus and a $20.70 price target, although several earnings forecasts were recently reduced, signaling more cautious expectations for future growth.

F.N.B. Corporation (NYSE:FNB - Get Free Report) insider Bryant Mitchell David sold 4,055 shares of the firm's stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $19.25, for a total value of $78,058.75. Following the sale, the insider owned 144,283 shares in the company, valued at $2,777,447.75. This trade represents a 2.73% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

F.N.B. Trading Up 0.1%

F.N.B. stock traded up $0.03 during trading on Friday, hitting $19.00. The company's stock had a trading volume of 1,364,014 shares, compared to its average volume of 6,391,911. The stock's fifty day moving average is $18.65 and its 200 day moving average is $17.83. F.N.B. Corporation has a 1-year low of $14.45 and a 1-year high of $19.59. The stock has a market capitalization of $6.76 billion, a price-to-earnings ratio of 11.29, a P/E/G ratio of 1.22 and a beta of 0.85. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.91 and a current ratio of 0.92.

F.N.B. (NYSE:FNB - Get Free Report) last posted its quarterly earnings results on Friday, July 17th. The bank reported $0.42 EPS for the quarter, meeting the consensus estimate of $0.42. The company had revenue of $463.00 million during the quarter, compared to analysts' expectations of $467.13 million. F.N.B. had a return on equity of 9.10% and a net margin of 22.29%.During the same quarter in the previous year, the business earned $0.36 EPS. As a group, equities research analysts predict that F.N.B. Corporation will post 1.69 EPS for the current year.

F.N.B. Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be given a dividend of $0.13 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $0.52 annualized dividend and a yield of 2.7%. F.N.B.'s dividend payout ratio is 30.95%.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. Truist Financial lowered their price objective on shares of F.N.B. from $21.00 to $20.50 and set a "buy" rating for the company in a research note on Monday, July 20th. Keefe, Bruyette & Woods lifted their target price on F.N.B. from $20.00 to $21.00 and gave the company an "outperform" rating in a report on Monday, April 20th. Weiss Ratings reissued a "buy (b)" rating on shares of F.N.B. in a research report on Tuesday, June 9th. Wall Street Zen downgraded F.N.B. from a "hold" rating to a "sell" rating in a report on Tuesday, July 28th. Finally, Piper Sandler reaffirmed an "overweight" rating on shares of F.N.B. in a research note on Monday, July 20th. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $20.70.

Key Headlines Impacting F.N.B.

Here are the key news stories impacting F.N.B. this week:

• Positive Sentiment: F.N.B. reported $149 million in net income for the second quarter of 2026, indicating continued profitability and providing support for investor sentiment. F.N.B. Corporation Announces Q2 2026 Earnings with $149 Million Net Income
• Neutral Sentiment: Zacks maintained its current full-year 2026 earnings outlook at the $1.69-per-share consensus estimate, while forecasting $1.90 per share for 2027. These estimates suggest continued earnings growth, although the near-term revisions were lower.
• Negative Sentiment: Zacks Research reduced its 2026 earnings forecast to $1.69 per share from $1.71 and cut its 2027 forecast to $1.90 from $1.94. It also lowered estimates for third-quarter 2026 EPS to $0.43 from $0.44, first-quarter 2027 EPS to $0.43 from $0.44, and second-quarter 2027 EPS to $0.46 from $0.48.
• Negative Sentiment: Further reductions were made to fourth-quarter 2027 EPS, now forecast at $0.51 versus $0.53 previously, first-quarter 2028 EPS at $0.52 versus $0.53, and second-quarter 2028 EPS at $0.55 versus $0.56. The broad pattern of estimate cuts may pressure the stock by signaling somewhat softer future earnings expectations.

Hedge Funds Weigh In On F.N.B.

Hedge funds and other institutional investors have recently made changes to their positions in the business. Root Financial Partners LLC lifted its stake in shares of F.N.B. by 66.8% during the first quarter. Root Financial Partners LLC now owns 2,047 shares of the bank's stock worth $34,000 after purchasing an additional 820 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in F.N.B. by 3,723.1% in the second quarter. EverSource Wealth Advisors LLC now owns 2,485 shares of the bank's stock valued at $36,000 after acquiring an additional 2,420 shares in the last quarter. Triumph Capital Management purchased a new stake in shares of F.N.B. during the third quarter valued at approximately $55,000. Parallel Advisors LLC lifted its position in shares of F.N.B. by 18.9% during the third quarter. Parallel Advisors LLC now owns 4,522 shares of the bank's stock worth $73,000 after purchasing an additional 720 shares in the last quarter. Finally, Danske Bank A S acquired a new position in shares of F.N.B. during the third quarter worth $85,000. Institutional investors and hedge funds own 79.25% of the company's stock.

About F.N.B.

F.N.B. Corporation is a bank holding company headquartered in Pittsburgh, Pennsylvania. Through its principal subsidiary, FNB Bank, the company provides a broad range of commercial and consumer financial services. Founded in 1864 as the First National Bank of Pennsylvania, F.N.B. has grown through both organic expansion and strategic acquisitions to become a regional banking franchise.

The company's main business activities include traditional deposit-taking and lending services, such as checking and savings accounts, mortgages, home equity lines of credit, and consumer and commercial loans.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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