Rep. Josh Gottheimer Sells UMB Financial Co. (NASDAQ:UMBF) Stock

Representative Josh Gottheimer (D-New Jersey) recently sold shares of UMB Financial Co. NASDAQ: UMBF. In a filing disclosed on May 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in UMB Financial stock on April 9th. The trade occurred in the Representative's "MORGAN STANLEY - SELECT UMA ACCOUNT # 1" account.

Representative Josh Gottheimer also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of RTX NYSE: RTX on 4/23/2025.
• Purchased $1,001 - $15,000 in shares of Cheniere Energy NYSE: LNG on 4/22/2025.
• Purchased $1,001 - $15,000 in shares of Techtronic Industries OTCMKTS: TTNDY on 4/21/2025.
• Purchased $1,001 - $15,000 in shares of Tri Pointe Homes NYSE: TPH on 4/21/2025.
• Purchased $1,001 - $15,000 in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk NYSE: TLK on 4/21/2025.
• Sold $1,001 - $15,000 in shares of KKR & Co. Inc. NYSE: KKR on 4/21/2025.
• Purchased $1,001 - $15,000 in shares of D.R. Horton NYSE: DHI on 4/21/2025.
• Purchased $1,001 - $15,000 in shares of Home Depot NYSE: HD on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Hillman Solutions NASDAQ: HLMN on 4/17/2025.
• Sold $1,001 - $15,000 in shares of AbbVie NYSE: ABBV on 4/17/2025.

UMB Financial Price Performance

Shares of UMBF opened at $106.49 on Friday. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.75 and a quick ratio of 0.75. UMB Financial Co. has a 1-year low of $78.56 and a 1-year high of $129.94. The stock has a market cap of $8.08 billion, a PE ratio of 11.85 and a beta of 0.72. The firm has a fifty day moving average price of $97.60 and a 200 day moving average price of $109.93.

UMB Financial (NASDAQ:UMBF - Get Free Report) last posted its earnings results on Tuesday, April 29th. The bank reported $2.58 earnings per share for the quarter, beating the consensus estimate of $2.21 by $0.37. The business had revenue of $563.84 million during the quarter, compared to the consensus estimate of $555.79 million. UMB Financial had a return on equity of 13.73% and a net margin of 15.76%. The business's quarterly revenue was up 41.4% on a year-over-year basis. During the same period in the previous year, the business earned $2.47 EPS. As a group, sell-side analysts anticipate that UMB Financial Co. will post 9.66 EPS for the current year.

UMB Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 1st. Investors of record on Tuesday, June 10th will be paid a dividend of $0.40 per share. The ex-dividend date of this dividend is Tuesday, June 10th. This represents a $1.60 annualized dividend and a yield of 1.50%. UMB Financial's dividend payout ratio is currently 20.13%.

Insider Buying and Selling

In other UMB Financial news, CEO J Mariner Kemper sold 3,500 shares of the business's stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $108.61, for a total transaction of $380,135.00. Following the transaction, the chief executive officer now owns 334,347 shares in the company, valued at approximately $36,313,427.67. The trade was a 1.04% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 5.45% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on UMBF. Wells Fargo & Company boosted their price objective on UMB Financial from $105.00 to $110.00 and gave the company an "equal weight" rating in a research note on Thursday, May 1st. Piper Sandler reaffirmed an "overweight" rating and issued a $137.00 target price (up from $132.00) on shares of UMB Financial in a report on Friday, May 2nd. Royal Bank of Canada decreased their price target on shares of UMB Financial from $128.00 to $115.00 and set a "sector perform" rating for the company in a research note on Thursday, May 1st. Bank of America began coverage on shares of UMB Financial in a research report on Wednesday, April 16th. They set a "buy" rating and a $105.00 price objective on the stock. Finally, StockNews.com lowered shares of UMB Financial from a "hold" rating to a "sell" rating in a research note on Friday, May 2nd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, UMB Financial currently has an average rating of "Moderate Buy" and an average price target of $120.33.

Institutional Investors Weigh In On UMB Financial

Hedge funds have recently modified their holdings of the stock. Truist Financial Corp increased its stake in UMB Financial by 0.4% in the 4th quarter. Truist Financial Corp now owns 19,565 shares of the bank's stock valued at $2,208,000 after buying an additional 83 shares during the period. MAI Capital Management lifted its stake in shares of UMB Financial by 14.7% in the 1st quarter. MAI Capital Management now owns 771 shares of the bank's stock worth $78,000 after acquiring an additional 99 shares during the period. SummerHaven Investment Management LLC boosted its holdings in shares of UMB Financial by 1.4% in the first quarter. SummerHaven Investment Management LLC now owns 9,145 shares of the bank's stock valued at $925,000 after acquiring an additional 122 shares in the last quarter. Covestor Ltd increased its stake in shares of UMB Financial by 28.8% during the fourth quarter. Covestor Ltd now owns 555 shares of the bank's stock worth $63,000 after acquiring an additional 124 shares during the period. Finally, Heritage Family Offices LLP raised its holdings in UMB Financial by 6.5% during the fourth quarter. Heritage Family Offices LLP now owns 2,059 shares of the bank's stock worth $232,000 after purchasing an additional 125 shares in the last quarter. 87.78% of the stock is owned by institutional investors and hedge funds.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey's 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027. Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey's 5th Congressional District. He declared candidacy for the 2026 election. Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025. Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

UMB Financial Company Profile

UMB Financial Corporation operates as the bank holding company that provides banking services and asset servicing in the United States and internationally. The Commercial Banking segment provides commercial loans and credit card; commercial real estate financing; letters of credit; loan syndication, and consultative service; various business solutions including asset-based lending, mezzanine debt, and minority equity investment; and treasury management service, such as depository service, account reconciliation, cash management tool, accounts payable and receivable solution, electronic fund transfer and automated payment, controlled disbursement, lockbox service, and remote deposit capture service.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.