Analysts’ Recent Ratings Updates for Bar Harbor Bankshares (BHB)

A number of research firms have changed their ratings and price targets for Bar Harbor Bankshares (NYSEAMERICAN: BHB):

• 4/26/2025 – Bar Harbor Bankshares is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 4/21/2025 – Bar Harbor Bankshares had its price target lowered by analysts at Keefe, Bruyette & Woods from $35.00 to $33.00. They now have a “market perform” rating on the stock.
• 4/19/2025 – Bar Harbor Bankshares is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 4/13/2025 – Bar Harbor Bankshares is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 4/7/2025 – Bar Harbor Bankshares is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 3/31/2025 – Bar Harbor Bankshares is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 3/17/2025 – Bar Harbor Bankshares had its price target raised by analysts at Keefe, Bruyette & Woods from $35.00 to $36.00. They now have a “market perform” rating on the stock.

Bar Harbor Bankshares Price Performance

Shares of NYSEAMERICAN BHB opened at $29.54 on Wednesday. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.54. The company’s 50-day moving average price is $29.96 and its 200 day moving average price is $31.30. Bar Harbor Bankshares has a 52 week low of $24.48 and a 52 week high of $38.47. The stock has a market cap of $451.08 million, a price-to-earnings ratio of 10.36 and a beta of 0.72.

Bar Harbor Bankshares Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Thursday, May 15th will be paid a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 4.33%. This is a boost from Bar Harbor Bankshares’s previous quarterly dividend of $0.30. The ex-dividend date is Thursday, May 15th. Bar Harbor Bankshares’s dividend payout ratio (DPR) is 42.11%.

Hedge Funds Weigh In On Bar Harbor Bankshares

A number of institutional investors have recently made changes to their positions in BHB. JPMorgan Chase & Co. boosted its position in Bar Harbor Bankshares by 59.1% during the fourth quarter. JPMorgan Chase & Co. now owns 81,000 shares of the financial services provider’s stock worth $2,477,000 after acquiring an additional 30,084 shares during the last quarter. Trust Co. of Vermont boosted its holdings in shares of Bar Harbor Bankshares by 561.1% during the fourth quarter. Trust Co. of Vermont now owns 39,444 shares of the financial services provider’s stock worth $1,206,000 after purchasing an additional 33,478 shares during the last quarter. Kingswood Wealth Advisors LLC purchased a new stake in shares of Bar Harbor Bankshares in the fourth quarter valued at $242,000. Connor Clark & Lunn Investment Management Ltd. grew its position in shares of Bar Harbor Bankshares by 104.6% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 23,219 shares of the financial services provider’s stock valued at $710,000 after purchasing an additional 11,868 shares during the period. Finally, New York State Common Retirement Fund increased its stake in Bar Harbor Bankshares by 40.4% in the fourth quarter. New York State Common Retirement Fund now owns 5,213 shares of the financial services provider’s stock valued at $159,000 after purchasing an additional 1,500 shares during the last quarter. 54.49% of the stock is owned by institutional investors and hedge funds.

Bar Harbor Bankshares operates as the holding company for Bar Harbor Bank & Trust that provides banking and nonbanking products and services primarily to consumers and businesses. It accepts various deposit products, including interest-bearing and non-interest-bearing demand accounts, savings accounts, time deposits, and money market deposit accounts, as well as certificates of deposit.