Southside Bancshares (NASDAQ:SBSI) Shares Unloaded Rep. Lisa C. McClain

Key Points

• Rep. Lisa C. McClain sold shares of Southside Bancshares, Inc. (NASDAQ:SBSI) valued between $1,001 and $15,000 on June 17th, as disclosed in a filing.
• Southside Bancshares has recently declared a quarterly dividend of $0.36 per share, resulting in an annualized dividend yield of 4.8%.
• Wall Street analysts have a consensus target price of $35.00 for Southside Bancshares, with ratings suggesting a "Hold" for the stock.

Representative Lisa C. McClain (R-Michigan) recently sold shares of Southside Bancshares, Inc. NASDAQ: SBSI. In a filing disclosed on August 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in Southside Bancshares stock on June 17th. 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.

Southside Bancshares Price Performance

Southside Bancshares stock traded up $0.33 during mid-day trading on Tuesday, reaching $31.23. 96,196 shares of the company were exchanged, compared to its average volume of 116,968. The company has a fifty day simple moving average of $30.03 and a 200-day simple moving average of $29.30. Southside Bancshares, Inc. has a 12 month low of $25.85 and a 12 month high of $38.00. The company has a debt-to-equity ratio of 1.18, a current ratio of 0.76 and a quick ratio of 0.76. The firm has a market cap of $939.40 million, a PE ratio of 10.73 and a beta of 0.68.

Southside Bancshares Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 4th. Shareholders of record on Thursday, August 21st will be paid a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date is Thursday, August 21st. Southside Bancshares's dividend payout ratio (DPR) is 51.06%.

Hedge Funds Weigh In On Southside Bancshares

Several hedge funds and other institutional investors have recently modified their holdings of SBSI. EverSource Wealth Advisors LLC increased its stake in shares of Southside Bancshares by 1,083.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 947 shares of the bank's stock valued at $28,000 after purchasing an additional 867 shares during the last quarter. Sterling Capital Management LLC increased its stake in shares of Southside Bancshares by 867.4% in the 4th quarter. Sterling Capital Management LLC now owns 919 shares of the bank's stock valued at $29,000 after purchasing an additional 824 shares during the last quarter. Meeder Asset Management Inc. bought a new position in shares of Southside Bancshares in the 1st quarter valued at $29,000. Hantz Financial Services Inc. increased its stake in shares of Southside Bancshares by 2,858.8% in the 2nd quarter. Hantz Financial Services Inc. now owns 2,012 shares of the bank's stock valued at $59,000 after purchasing an additional 1,944 shares during the last quarter. Finally, AlphaQuest LLC increased its stake in shares of Southside Bancshares by 223,400.0% in the 1st quarter. AlphaQuest LLC now owns 2,235 shares of the bank's stock valued at $65,000 after purchasing an additional 2,234 shares during the last quarter. Institutional investors own 55.70% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on SBSI shares. Keefe, Bruyette & Woods raised their price objective on Southside Bancshares from $32.00 to $33.00 and gave the stock a "market perform" rating in a research note on Monday, July 28th. Wall Street Zen upgraded Southside Bancshares from a "sell" rating to a "hold" rating in a research note on Friday, May 9th. Three analysts have rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $35.00.

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.

About Southside Bancshares

Southside Bancshares, Inc operates as the bank holding company for Southside Bank that provides a range of financial services to individuals, businesses, municipal entities, and nonprofit organizations. Its deposit products include savings, money market, and interest and noninterest bearing checking accounts, as well as certificates of deposits.