ING Group (NYSE:ING) Shares Acquired Rep. Lisa C. McClain

Key Points

• Representative Lisa C. McClain purchased shares of ING Group, N.V. (NYSE:ING) valued between $1,001 and $15,000 on June 24th, as per a filing disclosed on August 13th.
• ING Group's stock recently traded at $24.87, reflecting a decline of 0.4%, with a market capitalization of $78.28 billion.
• The company announced a $0.4002 dividend to be paid on August 25th, with a current dividend yield of 450.0%, despite a recent dividend cut.

Representative Lisa C. McClain (R-Michigan) recently bought shares of ING Group, N.V. NYSE: ING. In a filing disclosed on August 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in ING Group stock on June 24th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
• Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

ING Group Price Performance

Shares of NYSE:ING traded up $0.0550 during mid-day trading on Thursday, reaching $24.8650. The stock had a trading volume of 1,853,944 shares, compared to its average volume of 2,742,110. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 2.83. The company has a market cap of $78.26 billion, a P/E ratio of 11.46, a price-to-earnings-growth ratio of 1.78 and a beta of 1.14. ING Group, N.V. has a 1 year low of $15.09 and a 1 year high of $25.11. The business's 50 day moving average price is $22.87 and its 200 day moving average price is $20.55.

ING Group (NYSE:ING - Get Free Report) last posted its earnings results on Thursday, July 31st. The financial services provider reported $0.64 EPS for the quarter, topping analysts' consensus estimates of $0.59 by $0.05. The company had revenue of $6.55 billion for the quarter, compared to the consensus estimate of $6.40 billion. ING Group had a return on equity of 11.62% and a net margin of 27.28%. Research analysts expect that ING Group, N.V. will post 2.14 EPS for the current fiscal year.

ING Group Cuts Dividend

The company also recently announced a semi-annual dividend, which will be paid on Monday, August 25th. Investors of record on Monday, August 11th will be given a $0.4002 dividend. This represents a dividend yield of 450.0%. The ex-dividend date is Monday, August 11th. ING Group's payout ratio is currently 31.80%.

Institutional Investors Weigh In On ING Group

Several hedge funds and other institutional investors have recently modified their holdings of ING. Price T Rowe Associates Inc. MD purchased a new stake in shares of ING Group in the first quarter worth approximately $36,062,000. Northern Trust Corp raised its holdings in shares of ING Group by 48.2% in the fourth quarter. Northern Trust Corp now owns 4,161,116 shares of the financial services provider's stock worth $65,205,000 after buying an additional 1,353,054 shares during the period. Millennium Management LLC raised its holdings in shares of ING Group by 197.6% in the first quarter. Millennium Management LLC now owns 1,667,239 shares of the financial services provider's stock worth $32,661,000 after buying an additional 1,106,926 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of ING Group in the fourth quarter worth approximately $14,375,000. Finally, Natixis Advisors LLC raised its holdings in shares of ING Group by 25.7% in the first quarter. Natixis Advisors LLC now owns 4,250,850 shares of the financial services provider's stock worth $83,274,000 after buying an additional 869,281 shares during the period. 4.49% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on ING shares. Cfra Research upgraded ING Group from a "moderate sell" rating to a "hold" rating in a research report on Tuesday, May 6th. Barclays upgraded ING Group from an "equal weight" rating to an "overweight" rating in a research report on Tuesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, ING Group currently has an average rating of "Moderate Buy".

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

ING Group Company Profile

ING Groep N.V. provides various banking products and services in the Netherlands, Belgium, Germany, rest of Europe, and internationally. It operates through five segments: Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, and Wholesale Banking. The company accepts current and savings accounts.