Eastern Bankshares (EBC) – Research Analysts’ Recent Ratings Changes

Several analysts have recently updated their ratings and price targets for Eastern Bankshares (NASDAQ: EBC):

• 7/28/2026 – Eastern Bankshares was downgraded by Stephens from “overweight” to “equal weight”. They now have a $24.00 price target on the stock.
• 7/27/2026 – Eastern Bankshares had its “buy” rating reaffirmed by Seaport Research Partners. They now have a $27.00 price target on the stock.
• 7/27/2026 – Eastern Bankshares had its price target raised by TD Cowen from $25.00 to $26.00. They now have a “buy” rating on the stock.
• 7/27/2026 – Eastern Bankshares had its “overweight” rating reaffirmed by Piper Sandler. They now have a $26.00 price target on the stock, up from $24.00.
• 7/27/2026 – Eastern Bankshares had its price target raised by Hovde Group from $23.50 to $26.00. They now have an “outperform” rating on the stock.
• 7/27/2026 – Eastern Bankshares had its price target raised by Keefe, Bruyette & Woods from $23.00 to $25.00. They now have an “outperform” rating on the stock.
• 7/27/2026 – Eastern Bankshares had its price target raised by DA Davidson from $24.00 to $25.00. They now have a “buy” rating on the stock.
• 6/26/2026 – Eastern Bankshares had its price target raised by Piper Sandler from $23.00 to $24.00. They now have an “overweight” rating on the stock.
• 6/8/2026 – Eastern Bankshares had its “outperform” rating reaffirmed by Keefe, Bruyette & Woods.

Eastern Bankshares Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 22nd. Shareholders of record on Tuesday, September 8th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Tuesday, September 8th. Eastern Bankshares’s dividend payout ratio is 34.09%.

Insider Buying and Selling

In other Eastern Bankshares news, Director Luis Borgen sold 1,710 shares of the stock in a transaction on Monday, July 6th. The stock was sold at an average price of $22.71, for a total value of $38,834.10. Following the sale, the director owned 20,475 shares in the company, valued at $464,987.25. This trade represents a 7.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.26% of the stock is owned by company insiders.

Eastern Bankshares, Inc is the bank holding company for Eastern Bank, one of the oldest and largest mutual banks in the United States. Founded in 1818 as Salem Savings Bank and later rebranded as Eastern Bank in 1989, the company preserved its mutual ownership structure for more than two centuries. In March 2020, it completed an initial public offering and began trading on the Nasdaq under the ticker EBC, while continuing to emphasize its community-focused heritage.

Through its primary subsidiary, Eastern Bank, the company delivers a broad range of commercial and consumer banking products.