Farmers & Merchants Bancorp (NASDAQ:FMAO) Shares Acquired Rep. Robert E. Latta

Representative Robert E. Latta (Republican-Ohio) recently bought shares of Farmers & Merchants Bancorp Inc. (NASDAQ:FMAO). In a filing disclosed on June 05th, the Representative disclosed that they had bought between $15,001 and $50,000 in Farmers & Merchants Bancorp stock on June 4th.

Representative Robert E. Latta also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Farmers & Merchants Bancorp (NASDAQ:FMAO) on 4/20/2026.

Farmers & Merchants Bancorp Stock Performance

Farmers & Merchants Bancorp stock traded up $0.40 during midday trading on Tuesday, hitting $28.54. The stock had a trading volume of 70,991 shares, compared to its average volume of 53,432. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.58. Farmers & Merchants Bancorp Inc. has a 52-week low of $22.77 and a 52-week high of $29.83. The company has a market capitalization of $393.00 million, a PE ratio of 10.93 and a beta of 0.82. The firm’s fifty day moving average is $27.02 and its two-hundred day moving average is $26.34.

Farmers & Merchants Bancorp (NASDAQ:FMAO) last released its earnings results on Wednesday, April 22nd. The financial services provider reported $0.70 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.02. The company had revenue of $32.44 million for the quarter, compared to analysts’ expectations of $32.54 million. Farmers & Merchants Bancorp had a net margin of 18.54% and a return on equity of 9.85%. On average, research analysts forecast that Farmers & Merchants Bancorp Inc. will post 2.83 EPS for the current year.

Farmers & Merchants Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 20th. Investors of record on Friday, April 3rd were paid a dividend of $0.23 per share. The ex-dividend date was Thursday, April 2nd. This represents a $0.92 dividend on an annualized basis and a dividend yield of 3.2%. Farmers & Merchants Bancorp’s payout ratio is 35.25%.

Hedge Funds Weigh In On Farmers & Merchants Bancorp

Several institutional investors have recently added to or reduced their stakes in FMAO. Bridgeway Capital Management LLC raised its holdings in shares of Farmers & Merchants Bancorp by 2.1% during the 2nd quarter. Bridgeway Capital Management LLC now owns 19,257 shares of the financial services provider’s stock worth $487,000 after acquiring an additional 401 shares in the last quarter. BNP Paribas Financial Markets increased its position in Farmers & Merchants Bancorp by 36.0% in the second quarter. BNP Paribas Financial Markets now owns 1,924 shares of the financial services provider’s stock worth $49,000 after purchasing an additional 509 shares during the last quarter. Royal Bank of Canada raised its stake in Farmers & Merchants Bancorp by 124.6% during the fourth quarter. Royal Bank of Canada now owns 1,159 shares of the financial services provider’s stock valued at $28,000 after purchasing an additional 643 shares in the last quarter. Millennium Management LLC lifted its position in Farmers & Merchants Bancorp by 2.9% during the third quarter. Millennium Management LLC now owns 25,483 shares of the financial services provider’s stock valued at $637,000 after purchasing an additional 722 shares during the last quarter. Finally, Invesco Ltd. increased its holdings in shares of Farmers & Merchants Bancorp by 5.8% in the 4th quarter. Invesco Ltd. now owns 14,887 shares of the financial services provider’s stock worth $368,000 after buying an additional 817 shares during the last quarter. Hedge funds and other institutional investors own 23.96% of the company’s stock.

Insider Transactions at Farmers & Merchants Bancorp

In related news, insider Eric D. Faust sold 1,148 shares of Farmers & Merchants Bancorp stock in a transaction dated Monday, March 23rd. The stock was sold at an average price of $25.16, for a total value of $28,883.68. Following the completion of the transaction, the insider owned 5,538 shares in the company, valued at approximately $139,336.08. This trade represents a 17.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Andrew J. Briggs sold 3,000 shares of the company’s stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $27.81, for a total value of $83,430.00. Following the sale, the director owned 201,550 shares in the company, valued at approximately $5,605,105.50. This trade represents a 1.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 25,148 shares of company stock valued at $683,364. 7.30% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

FMAO has been the subject of several research analyst reports. Piper Sandler reiterated a “neutral” rating and set a $28.50 target price (up from $28.00) on shares of Farmers & Merchants Bancorp in a research report on Monday, April 27th. Hovde Group lowered their target price on shares of Farmers & Merchants Bancorp from $30.00 to $28.50 and set a “market perform” rating on the stock in a report on Friday, April 24th. Finally, Weiss Ratings lowered shares of Farmers & Merchants Bancorp from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, June 2nd. One research analyst has rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $28.50.

About Representative Latta

Bob Latta (Republican Party) is a member of the U.S. House, representing Ohio’s 5th Congressional District. He assumed office on January 3, 2007. His current term ends on January 3, 2027.

Latta (Republican Party) ran for re-election to the U.S. House to represent Ohio’s 5th Congressional District. He won in the general election on November 5, 2024.

About Farmers & Merchants Bancorp

Farmers & Merchants Bancorp (NASDAQ:FMAO) is the bank holding company for Farmers & Merchants Bank of Central California, a community-focused institution headquartered in Los Banos, California. The bank traces its roots to 1916 and has grown to serve individuals, businesses and agricultural enterprises throughout the western San Joaquin Valley. Operating with a commitment to local decision-making, the company emphasizes personalized service and close ties to the communities in which it operates.

Through its banking subsidiary, Farmers & Merchants offers a comprehensive suite of financial products and services, including checking and savings accounts, certificates of deposit, online and mobile banking platforms, and merchant services.