Peoples Bancorp (NASDAQ:PEBO) Upgraded at DA Davidson

DA Davidson upgraded shares of Peoples Bancorp (NASDAQ:PEBO) to a strong-buy rating in a research report report published on Monday,Zacks.com reports. DA Davidson also issued estimates for Peoples Bancorp’s Q3 2025 earnings at $0.86 EPS, FY2025 earnings at $3.05 EPS and FY2026 earnings at $3.35 EPS.

Other equities research analysts have also recently issued reports about the stock. Zacks Research upgraded shares of Peoples Bancorp from a “strong sell” rating to a “hold” rating in a research note on Monday, September 22nd. Wall Street Zen cut shares of Peoples Bancorp from a “hold” rating to a “sell” rating in a research note on Friday, October 3rd. Weiss Ratings restated a “hold (c+)” rating on shares of Peoples Bancorp in a research note on Wednesday, October 8th. Finally, Keefe, Bruyette & Woods lifted their price objective on shares of Peoples Bancorp from $32.00 to $33.00 and gave the company a “market perform” rating in a research note on Friday, July 11th. Two research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $33.13.

Peoples Bancorp Price Performance

Shares of NASDAQ PEBO opened at $29.64 on Monday. Peoples Bancorp has a fifty-two week low of $26.21 and a fifty-two week high of $37.07. The firm’s 50-day simple moving average is $30.06 and its 200 day simple moving average is $29.73. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.20. The stock has a market cap of $1.06 billion, a P/E ratio of 10.36 and a beta of 0.63.

Peoples Bancorp (NASDAQ:PEBO) last issued its quarterly earnings data on Tuesday, October 21st. The bank reported $0.90 earnings per share for the quarter, beating analysts’ consensus estimates of $0.83 by $0.07. Peoples Bancorp had a net margin of 16.57% and a return on equity of 9.45%. The business had revenue of ($221.08) million for the quarter, compared to analysts’ expectations of $116.88 million. Equities analysts expect that Peoples Bancorp will post 3.28 EPS for the current year.

Peoples Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 18th. Shareholders of record on Tuesday, November 4th will be given a $0.41 dividend. The ex-dividend date is Tuesday, November 4th. This represents a $1.64 annualized dividend and a yield of 5.5%. Peoples Bancorp’s payout ratio is 57.34%.

Insider Buying and Selling

In other Peoples Bancorp news, Director Carol A. Schneeberger sold 1,000 shares of the business’s stock in a transaction dated Wednesday, October 8th. The shares were sold at an average price of $30.22, for a total value of $30,220.00. Following the sale, the director directly owned 23,767 shares in the company, valued at approximately $718,238.74. The trade was a 4.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 3.41% of the company’s stock.

Institutional Investors Weigh In On Peoples Bancorp

Several hedge funds and other institutional investors have recently bought and sold shares of PEBO. Parallel Advisors LLC raised its holdings in Peoples Bancorp by 132.3% during the 2nd quarter. Parallel Advisors LLC now owns 864 shares of the bank’s stock worth $26,000 after buying an additional 492 shares during the period. Strs Ohio acquired a new stake in Peoples Bancorp during the 1st quarter worth about $62,000. GAMMA Investing LLC raised its holdings in Peoples Bancorp by 1,426.3% during the 1st quarter. GAMMA Investing LLC now owns 2,610 shares of the bank’s stock worth $77,000 after buying an additional 2,439 shares during the period. Nisa Investment Advisors LLC raised its holdings in Peoples Bancorp by 31.9% during the 2nd quarter. Nisa Investment Advisors LLC now owns 2,931 shares of the bank’s stock worth $90,000 after buying an additional 709 shares during the period. Finally, Tower Research Capital LLC TRC raised its holdings in Peoples Bancorp by 1,191.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,718 shares of the bank’s stock worth $114,000 after buying an additional 3,430 shares during the period. 60.68% of the stock is currently owned by institutional investors.

About Peoples Bancorp

Peoples Bancorp Inc operates as the holding company for Peoples Bank that provides commercial and consumer banking products and services. The company accepts various deposit products, including demand deposit accounts, savings accounts, money market accounts, certificates of deposit, and governmental deposits; and provides commercial and industrial, commercial real estate, construction, finance, residential real estate, and consumer indirect and direct loans, as well as home equity lines of credit and overdrafts.