Investment Analysts’ Recent Ratings Changes for Hanover Bancorp (HNVR)

A number of firms have modified their ratings and price targets on shares of Hanover Bancorp (NASDAQ: HNVR) recently:

• 8/2/2026 – Hanover Bancorp was downgraded by Wall Street Zen from “buy” to “hold”.
• 7/27/2026 – Hanover Bancorp had its price target raised by Piper Sandler from $26.50 to $28.50. They now have an “overweight” rating on the stock.
• 7/25/2026 – Hanover Bancorp was upgraded by Wall Street Zen from “hold” to “buy”.
• 7/13/2026 – Hanover Bancorp was upgraded by Zacks Research to “hold”.
• 7/10/2026 – Hanover Bancorp is now covered by Piper Sandler. They set an “overweight” rating and a $26.50 price target on the stock.
• 7/1/2026 – Hanover Bancorp was upgraded by Weiss Ratings from “hold (c)” to “hold (c+)”.

Hanover Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 13th. Shareholders of record on Thursday, August 6th will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, August 6th. This represents a $0.40 dividend on an annualized basis and a yield of 1.5%. Hanover Bancorp’s dividend payout ratio (DPR) is currently 31.50%.

Insiders Place Their Bets

In other Hanover Bancorp news, Director Robert Golden sold 2,259 shares of Hanover Bancorp stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $22.79, for a total value of $51,482.61. Following the transaction, the director owned 34,009 shares in the company, valued at $775,065.11. This trade represents a 6.23% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders have sold a total of 4,566 shares of company stock worth $105,240 over the last quarter. Company insiders own 24.38% of the company’s stock.

Hanover Bancorp, Inc is the bank holding company for The Hanover National Bank, a regional financial institution headquartered in Syracuse, New York. Through its subsidiary, the company provides a full range of commercial and retail banking services, with an emphasis on relationship-driven client support and community engagement.

Key offerings include deposit products such as checking, savings, and certificates of deposit, as well as commercial and consumer lending solutions. The bank also offers treasury management services, residential mortgage origination, and investment advisory services to meet the diverse needs of individuals, small businesses, and municipalities within its market area.

Operating primarily in Central and Upstate New York, Hanover Bancorp maintains a network of branches and loan production offices designed to serve local communities.