Norman Montgomery Sells 25,000 Shares of First Commonwealth Financial (NYSE:FCF) Stock

First Commonwealth Financial Corporation (NYSE:FCF) EVP Norman Montgomery sold 25,000 shares of the company’s stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $18.34, for a total transaction of $458,500.00. Following the transaction, the executive vice president owned 63,068 shares in the company, valued at approximately $1,156,667.12. This trade represents a 28.39% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

First Commonwealth Financial Stock Performance

FCF opened at $18.60 on Wednesday. First Commonwealth Financial Corporation has a 52-week low of $15.00 and a 52-week high of $19.14. The company has a quick ratio of 0.92, a current ratio of 0.93 and a debt-to-equity ratio of 0.09. The company has a market cap of $1.90 billion, a P/E ratio of 12.32 and a beta of 0.75. The firm’s 50-day moving average price is $17.86 and its 200-day moving average price is $17.28.

First Commonwealth Financial (NYSE:FCF) last posted its quarterly earnings data on Tuesday, April 28th. The bank reported $0.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.03). First Commonwealth Financial had a net margin of 21.19% and a return on equity of 10.56%. The company had revenue of $133.70 million for the quarter, compared to analyst estimates of $134.32 million. During the same quarter last year, the company earned $0.32 EPS. The business’s revenue was up 12.9% compared to the same quarter last year. As a group, equities analysts anticipate that First Commonwealth Financial Corporation will post 1.71 EPS for the current fiscal year.

First Commonwealth Financial Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 22nd. Investors of record on Friday, May 8th will be issued a $0.14 dividend. This is a boost from First Commonwealth Financial’s previous quarterly dividend of $0.14. The ex-dividend date is Friday, May 8th. This represents a $0.56 annualized dividend and a yield of 3.0%. First Commonwealth Financial’s dividend payout ratio is currently 35.76%.

Key Stories Impacting First Commonwealth Financial

Here are the key news stories impacting First Commonwealth Financial this week:

• Positive Sentiment: Director purchase: Todd D. Brice acquired 1,000 shares at $18.58 on May 4, increasing his stake ~7.4% — a modest insider vote of confidence. Director Acquires $18,580.00 in Stock
• Positive Sentiment: Dividend support: Company disclosed a quarterly dividend (paid May 22; ex-div May 8) implying a ~3.0% yield and a ~36% payout ratio — supports income investors and helps demand for the shares. MarketBeat Dividend & Company Update
• Positive Sentiment: Institutional interest: Several funds (Wellington, Millennium, State Street, Fuller & Thaler, Intech) increased or hold large positions, which can stabilize liquidity and provide longer‑term demand. Institutional Holdings Change
• Neutral Sentiment: Analyst view: Mixed but slightly constructive — recent price targets clustered near $20 and consensus rating is Moderate Buy; helps set investor expectations but not an immediate catalyst. Analyst Coverage & Price Targets
• Negative Sentiment: Large insider sales by EVP Norman J. Montgomery: filings show he sold 25,000 shares (around $458.5k) on Apr 30 and 12,964 shares (around $238.1k) on May 1 — sizable disposals that may signal some near‑term selling pressure or personal liquidity needs. EVP Sells 25,000 Shares EVP Sells 12,964 Shares
• Negative Sentiment: Recent earnings miss: FCF reported Q1 EPS $0.37 vs. $0.40 consensus and a slight revenue shortfall — fundamentals underperformance can cap upside until results trend improves. Q1 Earnings & Revenue Miss

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Weiss Ratings reiterated a “buy (b-)” rating on shares of First Commonwealth Financial in a report on Thursday, January 22nd. Raymond James Financial set a $20.00 price target on shares of First Commonwealth Financial and gave the stock an “outperform” rating in a report on Wednesday, January 7th. Finally, Keefe, Bruyette & Woods increased their price target on shares of First Commonwealth Financial from $19.00 to $20.00 and gave the stock a “market perform” rating in a report on Thursday, January 29th. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $20.33.

Institutional Investors Weigh In On First Commonwealth Financial

Hedge funds have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC grew its stake in shares of First Commonwealth Financial by 2,250.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,609 shares of the bank’s stock worth $42,000 after purchasing an additional 2,498 shares during the period. Smithfield Trust Co purchased a new position in shares of First Commonwealth Financial during the 4th quarter valued at approximately $51,000. TD Private Client Wealth LLC increased its holdings in shares of First Commonwealth Financial by 20.7% during the 4th quarter. TD Private Client Wealth LLC now owns 3,621 shares of the bank’s stock valued at $61,000 after purchasing an additional 621 shares in the last quarter. iSAM Funds UK Ltd purchased a new position in shares of First Commonwealth Financial during the 3rd quarter valued at approximately $85,000. Finally, Smartleaf Asset Management LLC increased its holdings in shares of First Commonwealth Financial by 58.5% during the 3rd quarter. Smartleaf Asset Management LLC now owns 5,285 shares of the bank’s stock valued at $91,000 after purchasing an additional 1,950 shares in the last quarter. Hedge funds and other institutional investors own 72.58% of the company’s stock.

First Commonwealth Financial Company Profile

First Commonwealth Financial Corporation, headquartered in Indiana, Pennsylvania, is a bank holding company whose primary subsidiary is First Commonwealth Bank. Established in 1889 as Indiana National Bank, the company has grown through a combination of organic expansion and strategic acquisitions to build a diversified platform of commercial banking, retail banking and wealth management services.

First Commonwealth offers a comprehensive suite of financial products, including deposit accounts, personal and business lending solutions, mortgage origination and servicing, treasury management, and trust and investment services.