Teacher Retirement System of Texas Has $1.29 Million Stock Holdings in Prosperity Bancshares, Inc. $PB

Teacher Retirement System of Texas trimmed its holdings in Prosperity Bancshares, Inc. (NYSE:PB) by 27.9% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 19,507 shares of the bank’s stock after selling 7,553 shares during the period. Teacher Retirement System of Texas’ holdings in Prosperity Bancshares were worth $1,294,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Boston Partners boosted its holdings in shares of Prosperity Bancshares by 68.9% during the 2nd quarter. Boston Partners now owns 554,502 shares of the bank’s stock worth $38,945,000 after buying an additional 226,232 shares during the period. Sequoia Financial Advisors LLC acquired a new position in Prosperity Bancshares during the 2nd quarter worth $572,000. Pacer Advisors Inc. bought a new stake in Prosperity Bancshares during the third quarter valued at about $1,488,000. Praxis Investment Management Inc. bought a new stake in Prosperity Bancshares during the second quarter valued at about $298,000. Finally, SG Americas Securities LLC grew its position in shares of Prosperity Bancshares by 634.1% in the third quarter. SG Americas Securities LLC now owns 16,371 shares of the bank’s stock valued at $1,086,000 after purchasing an additional 14,141 shares during the last quarter. Institutional investors and hedge funds own 80.69% of the company’s stock.

Insider Buying and Selling at Prosperity Bancshares

In related news, Director Ned S. Holmes sold 500 shares of the company’s stock in a transaction dated Wednesday, January 28th. The shares were sold at an average price of $66.69, for a total value of $33,345.00. Following the sale, the director owned 83,415 shares of the company’s stock, valued at $5,562,946.35. The trade was a 0.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In the last quarter, insiders have sold 16,150 shares of company stock worth $1,129,356. 4.20% of the stock is currently owned by insiders.

Prosperity Bancshares Trading Up 0.8%

Shares of NYSE:PB opened at $68.98 on Monday. Prosperity Bancshares, Inc. has a 1-year low of $61.06 and a 1-year high of $81.53. The firm has a market capitalization of $6.55 billion, a PE ratio of 12.04, a PEG ratio of 0.89 and a beta of 0.67. The business’s 50 day moving average is $70.93 and its 200-day moving average is $68.21.

Prosperity Bancshares (NYSE:PB) last issued its earnings results on Wednesday, January 28th. The bank reported $1.46 EPS for the quarter, beating analysts’ consensus estimates of $1.45 by $0.01. Prosperity Bancshares had a return on equity of 7.11% and a net margin of 31.22%.The business had revenue of $317.73 million during the quarter, compared to analyst estimates of $319.30 million. During the same period in the prior year, the company posted $1.37 earnings per share. Prosperity Bancshares’s revenue was down 5.9% on a year-over-year basis. On average, sell-side analysts predict that Prosperity Bancshares, Inc. will post 5.83 EPS for the current year.

Prosperity Bancshares Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Friday, March 13th will be issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend is Friday, March 13th. Prosperity Bancshares’s dividend payout ratio (DPR) is presently 41.88%.

Trending Headlines about Prosperity Bancshares

Here are the key news stories impacting Prosperity Bancshares this week:

• Positive Sentiment: Q4 results beat estimates on higher net interest income (EPS slightly above consensus), which supports the bank’s earnings outlook and underpins value-focused investor interest. Zacks: PB Q4 Earnings
• Positive Sentiment: Hovde Group raised its price target to $77 and maintains an outperform view, signaling institutional confidence in medium-term upside and supporting buy-side interest. Finviz / Hovde note
• Neutral Sentiment: DA Davidson reiterated a “Neutral” rating with a $76 price target (roughly mid-teens upside from recent levels), which is a watch-and-wait signal that could cap near-term upside while suggesting fair value at current prices. AmericanBankingNews: DA Davidson
• Neutral Sentiment: Analyst coverage roundup and value-stock commentary (e.g., Benzinga, Zacks pieces) highlight PB’s attractive valuation metrics (low P/E, solid dividend history) — supportive for long-term investors but not an immediate catalyst. Benzinga: Analyst Insights
• Negative Sentiment: Announcement of the $2.0B stock-and-cash deal to acquire Stellar Bancorp triggered an initial share drop as investors digest dilution, integration risk and deal execution concerns. The transaction is a primary driver of recent volatility. TipRanks: Stellar merger
• Negative Sentiment: A law firm (Kahn Swick & Foti) has launched an investor probe into the adequacy of the Stellar sale process and price, adding legal/transactional risk and potential reputational/headline volatility. BusinessWire: Investor Alert
• Negative Sentiment: Insider selling by a director (small blocks disclosed via SEC filings) can be perceived negatively by some investors even though sizes are modest relative to holdings; it may add short-term selling pressure. SEC filing: insider sales

Analyst Ratings Changes

PB has been the subject of several research analyst reports. Royal Bank Of Canada cut their price objective on Prosperity Bancshares from $78.00 to $72.00 and set a “sector perform” rating for the company in a research report on Friday, October 10th. TD Cowen reaffirmed a “buy” rating on shares of Prosperity Bancshares in a research report on Wednesday, January 7th. Barclays lowered Prosperity Bancshares from an “equal weight” rating to an “underweight” rating in a report on Monday. Piper Sandler downgraded shares of Prosperity Bancshares from an “overweight” rating to a “neutral” rating and lowered their price objective for the stock from $77.00 to $74.00 in a research note on Thursday. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Prosperity Bancshares in a research note on Wednesday, October 8th. Seven analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Prosperity Bancshares currently has an average rating of “Hold” and an average price target of $79.31.

Prosperity Bancshares Company Profile

Prosperity Bancshares, Inc is a holding company for Prosperity Bank, offering a broad range of commercial and consumer banking services across Texas, Oklahoma, Arkansas and Louisiana. Through its network of branches and digital platforms, the company provides deposit products, business and real estate lending, treasury management, mortgage origination and servicing, as well as wealth management and trust services.

Originally chartered in 1911 as First National Bank in McKinney, Texas, the organization rebranded to Prosperity Bank in 2009 following a series of strategic acquisitions aimed at deepening its regional presence.