Origin Bancorp (NASDAQ:OBK) Price Target Raised to $45.00

Origin Bancorp (NASDAQ:OBK) had its price target upped by DA Davidson from $41.00 to $45.00 in a research note issued to investors on Monday,Benzinga reports. DA Davidson currently has a buy rating on the stock. DA Davidson also issued estimates for Origin Bancorp’s Q3 2025 earnings at $0.91 EPS, FY2025 earnings at $3.50 EPS and FY2026 earnings at $3.90 EPS.

A number of other analysts have also recently commented on OBK. Raymond James Financial cut shares of Origin Bancorp from a “strong-buy” rating to an “outperform” rating and lowered their target price for the stock from $44.00 to $39.00 in a research note on Wednesday, April 2nd. Piper Sandler upgraded shares of Origin Bancorp from a “neutral” rating to an “overweight” rating in a research note on Thursday, April 24th. Finally, Keefe, Bruyette & Woods lifted their price objective on shares of Origin Bancorp from $41.00 to $45.00 and gave the company an “outperform” rating in a research note on Monday. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $43.20.

Origin Bancorp Stock Down 1.5%

OBK stock opened at $37.13 on Monday. The firm has a 50 day moving average of $35.92 and a 200 day moving average of $35.34. The stock has a market capitalization of $1.16 billion, a PE ratio of 15.09 and a beta of 0.83. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.17. Origin Bancorp has a 52 week low of $28.80 and a 52 week high of $41.17.

Origin Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 29th. Stockholders of record on Friday, August 15th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.62%. The ex-dividend date of this dividend is Friday, August 15th. Origin Bancorp’s dividend payout ratio (DPR) is 26.79%.

Hedge Funds Weigh In On Origin Bancorp

Several institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. increased its holdings in Origin Bancorp by 2.1% in the 1st quarter. Vanguard Group Inc. now owns 1,674,138 shares of the company’s stock worth $58,042,000 after acquiring an additional 34,456 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in Origin Bancorp by 5.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,150,054 shares of the company’s stock worth $38,285,000 after acquiring an additional 60,272 shares in the last quarter. American Century Companies Inc. increased its holdings in Origin Bancorp by 12.3% in the 1st quarter. American Century Companies Inc. now owns 674,593 shares of the company’s stock worth $23,388,000 after acquiring an additional 73,668 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in Origin Bancorp by 3.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 653,589 shares of the company’s stock worth $22,660,000 after acquiring an additional 20,146 shares in the last quarter. Finally, Rhino Investment Partners Inc increased its holdings in Origin Bancorp by 10.0% in the 1st quarter. Rhino Investment Partners Inc now owns 498,214 shares of the company’s stock worth $17,273,000 after acquiring an additional 45,317 shares in the last quarter. 54.68% of the stock is owned by hedge funds and other institutional investors.

About Origin Bancorp

Origin Bancorp, Inc operates as a bank holding company for Origin Bank that provides banking and financial services to small and medium-sized businesses, municipalities, and retail clients in Texas, Louisiana, and Mississippi. It offers noninterest and interest-bearing checking accounts, savings deposits, money market accounts, and time deposits; and offers commercial real estate, construction and land development, consumer, residential real estate, commercial and industrial, mortgage warehouse, and residential mortgage loans.