State of Alaska Department of Revenue Sells 23,380 Shares of Atlantic Union Bankshares Co. $AUB

State of Alaska Department of Revenue lessened its holdings in shares of Atlantic Union Bankshares Co. (NYSE:AUB) by 44.1% during the third quarter, Holdings Channel.com reports. The firm owned 29,623 shares of the company’s stock after selling 23,380 shares during the quarter. State of Alaska Department of Revenue’s holdings in Atlantic Union Bankshares were worth $1,123,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Dimensional Fund Advisors LP increased its holdings in Atlantic Union Bankshares by 1.4% in the first quarter. Dimensional Fund Advisors LP now owns 7,635,464 shares of the company’s stock valued at $272,883,000 after purchasing an additional 102,821 shares during the period. Congress Asset Management Co. raised its position in Atlantic Union Bankshares by 1.2% during the 3rd quarter. Congress Asset Management Co. now owns 2,531,692 shares of the company’s stock worth $96,078,000 after purchasing an additional 30,528 shares during the last quarter. Principal Financial Group Inc. raised its position in Atlantic Union Bankshares by 40.1% during the 1st quarter. Principal Financial Group Inc. now owns 951,373 shares of the company’s stock worth $34,002,000 after purchasing an additional 272,119 shares during the last quarter. Bank of America Corp DE lifted its holdings in Atlantic Union Bankshares by 53.4% during the 1st quarter. Bank of America Corp DE now owns 886,978 shares of the company’s stock worth $31,701,000 after buying an additional 308,934 shares during the period. Finally, Wellington Management Group LLP lifted its holdings in Atlantic Union Bankshares by 20.8% during the 2nd quarter. Wellington Management Group LLP now owns 721,211 shares of the company’s stock worth $30,514,000 after buying an additional 124,135 shares during the period. Institutional investors own 78.58% of the company’s stock.

Analysts Set New Price Targets

AUB has been the topic of a number of analyst reports. Morgan Stanley upped their price target on Atlantic Union Bankshares from $49.00 to $50.00 and gave the company an “equal weight” rating in a research report on Monday, September 28th. Piper Sandler restated an “overweight” rating and set a $47.00 price objective on shares of Atlantic Union Bankshares in a research report on Wednesday, July 22nd. Weiss Ratings raised shares of Atlantic Union Bankshares from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, October 8th. Finally, TD Cowen lowered their price target on shares of Atlantic Union Bankshares from $48.00 to $44.00 and set a “buy” rating for the company in a report on Monday, October 5th. Four analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Atlantic Union Bankshares currently has an average rating of “Moderate Buy” and an average target price of $46.40.

Atlantic Union Bankshares News Summary

Here are the key news stories impacting Atlantic Union Bankshares this week:

• Positive Sentiment: Quarterly earnings increased. Atlantic Union reported third-quarter 2026 adjusted earnings of $0.96 per share, matching consensus and rising from $0.84 a year earlier. Net income reached approximately $136.6 million. Atlantic Union Bankshares Q3 Income Rises
• Positive Sentiment: Revenue grew year over year. Third-quarter revenue increased 3.3% to $387.9 million, while profitability remained solid with a 21.97% net margin and 10.55% return on equity. Atlantic Union Bankshares’ Q3 Adjusted Earnings, Revenue Increase
• Positive Sentiment: Share repurchases are expected to continue. Management indicated that Atlantic Union plans to continue its buyback program through May 2027, supporting per-share results and signaling confidence in the company’s capital position. Atlantic Union forecasts 2026 FTE NIM and continues buybacks
• Neutral Sentiment: Earnings met expectations, but did not provide a major upside surprise. The $0.96 EPS result was in line with analyst forecasts, reducing the likelihood of a sharp positive reaction based solely on the headline earnings figure. Atlantic Union Q3 Earnings Match Estimates
• Negative Sentiment: Revenue fell short of analyst estimates. Reported revenue of $387.9 million was below the $392.72 million consensus forecast, indicating somewhat weaker top-line performance than expected. Atlantic Union Bankshares Reports Third-Quarter Results
• Negative Sentiment: Net interest margin guidance remains cautious. Management expects 2026 full-year FTE net interest margin near the low end of its 3.90%-3.95% range, suggesting continued pressure on a key banking profitability measure. Atlantic Union forecasts 2026 FTE NIM

Atlantic Union Bankshares Stock Performance

Shares of Atlantic Union Bankshares stock opened at $38.22 on Wednesday. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.15. The business has a 50-day moving average price of $39.58 and a two-hundred day moving average price of $39.55. Atlantic Union Bankshares Co. has a 1-year low of $30.87 and a 1-year high of $43.62. The company has a market cap of $5.46 billion, a P/E ratio of 11.41 and a beta of 0.80.

Atlantic Union Bankshares (NYSE:AUB) last announced its earnings results on Tuesday, October 20th. The company reported $0.96 EPS for the quarter, meeting the consensus estimate of $0.96. Atlantic Union Bankshares had a return on equity of 10.55% and a net margin of 21.97%. The company had revenue of $387.90 million for the quarter, compared to analyst estimates of $392.72 million. During the same quarter in the prior year, the company earned $0.84 EPS. The firm’s revenue for the quarter was up 3.3% compared to the same quarter last year. As a group, analysts anticipate that Atlantic Union Bankshares Co. will post 3.76 EPS for the current year.

Atlantic Union Bankshares Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, August 21st. Shareholders of record on Friday, August 7th were issued a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date was Friday, August 7th. Atlantic Union Bankshares’s payout ratio is presently 44.18%.

About Atlantic Union Bankshares

Atlantic Union Bankshares Corporation (NYSE:AUB) is a financial services holding company headquartered in Richmond, Virginia. Its principal subsidiary, Atlantic Union Bank, provides banking and related financial services to individuals, businesses, institutions and government entities.

The company offers consumer and commercial deposit accounts, residential and commercial real estate lending, business loans, personal loans, treasury and cash management services, mortgage banking, investment and wealth management, and other financial solutions.