19,378 Shares in Associated Banc-Corp $ASB Bought by N.E.W. Advisory Services LLC

N.E.W. Advisory Services LLC purchased a new position in shares of Associated Banc-Corp (NYSE:ASB) during the second quarter, Holdings Channel.com reports. The institutional investor purchased 19,378 shares of the bank’s stock, valued at approximately $596,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Associated Banc by 6.0% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 97,570 shares of the bank’s stock valued at $2,198,000 after buying an additional 5,531 shares in the last quarter. Millennium Management LLC boosted its position in shares of Associated Banc by 90.4% during the 1st quarter. Millennium Management LLC now owns 287,890 shares of the bank’s stock valued at $6,486,000 after acquiring an additional 136,648 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in shares of Associated Banc by 139.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,748,667 shares of the bank’s stock valued at $61,927,000 after acquiring an additional 1,598,951 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Associated Banc by 13.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 496,392 shares of the bank’s stock valued at $11,184,000 after acquiring an additional 60,758 shares during the period. Finally, Sivia Capital Partners LLC bought a new position in Associated Banc during the second quarter worth about $328,000. Institutional investors own 82.98% of the company’s stock.

Trending Headlines about Associated Banc

Here are the key news stories impacting Associated Banc this week:

• Positive Sentiment: Near-term earnings estimates improved. Zacks Research raised its FY2026 EPS forecast to $2.95 from $2.92, and increased estimates for Q3 2026 to $0.75 from $0.74 and Q1 2027 to $0.76 from $0.75. These revisions suggest somewhat better expected operating performance in the nearer term. Associated Banc stock information
• Positive Sentiment: Dividend supports investor demand. Associated Banc declared a quarterly dividend of $0.24, or $0.96 annualized, representing an approximately 3.0% yield and a payout ratio of about 33.6%. The bank’s latest quarterly results also exceeded expectations, with EPS of $0.73 versus the $0.72 consensus estimate and revenue of $454.5 million versus forecasts of $438.0 million.
• Positive Sentiment: Institutional ownership remains strong. Several large investors, including Goldman Sachs, Millennium Management and UBS Asset Management, increased their positions during the first half of the year. Institutions and hedge funds own approximately 83% of ASB’s shares.
• Neutral Sentiment: Analyst sentiment is broadly constructive but valuation appears near targets. The consensus rating is “Moderate Buy,” although the average price target of $31.60 is below the stock’s recent trading level. Wells Fargo raised its target to $36 and maintained an “overweight” rating, while other analysts remain at “hold” or “market perform.”
• Negative Sentiment: Longer-term earnings expectations were reduced. Zacks cut its Q2 2028 EPS estimate to $0.84 from $0.94 and lowered FY2028 EPS to $3.35 from $3.56. It also trimmed Q1 2028 and Q2 2027 forecasts, partially offsetting the near-term upgrades. Zacks Associated Banc estimates
• Negative Sentiment: Executives sold significant portions of their holdings. EVP Gregory Warsek sold 16,300 shares for approximately $521,763, reducing his position by 54.1%. EVP Randall Erickson sold 43,561 shares worth about $1.40 million, cutting his ownership by 43.7%. While insider sales can reflect personal financial planning, the size of these transactions may weigh on sentiment. Associated Banc insider sales

Associated Banc Price Performance

NYSE:ASB opened at $32.35 on Monday. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.95. The firm has a market cap of $6.11 billion, a PE ratio of 11.31, a price-to-earnings-growth ratio of 1.10 and a beta of 0.77. Associated Banc-Corp has a 12 month low of $23.86 and a 12 month high of $32.46. The company’s 50-day moving average price is $30.55 and its two-hundred day moving average price is $28.33.

Associated Banc (NYSE:ASB) last posted its quarterly earnings data on Thursday, July 23rd. The bank reported $0.73 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.01. The company had revenue of $454.54 million during the quarter, compared to analyst estimates of $438.01 million. Associated Banc had a net margin of 19.66% and a return on equity of 10.64%. During the same quarter last year, the business posted $0.65 earnings per share. On average, equities analysts anticipate that Associated Banc-Corp will post 2.92 EPS for the current fiscal year.

Associated Banc Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be given a dividend of $0.24 per share. The ex-dividend date is Tuesday, September 1st. This represents a $0.96 dividend on an annualized basis and a yield of 3.0%. Associated Banc’s dividend payout ratio is 33.57%.

Insider Buying and Selling at Associated Banc

In related news, EVP Nicole M. Kitowski sold 7,663 shares of the firm’s stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $30.91, for a total transaction of $236,863.33. Following the completion of the sale, the executive vice president directly owned 45,327 shares of the company’s stock, valued at $1,401,057.57. This trade represents a 14.46% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Gregory Warsek sold 16,300 shares of Associated Banc stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $32.01, for a total value of $521,763.00. Following the completion of the transaction, the executive vice president owned 13,809 shares of the company’s stock, valued at approximately $442,026.09. The trade was a 54.14% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 101,823 shares of company stock worth $3,150,761 over the last 90 days. Company insiders own 0.71% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on ASB. Raymond James Financial upped their price objective on Associated Banc from $31.00 to $35.00 and gave the company an “outperform” rating in a research note on Wednesday, July 1st. Truist Financial raised their target price on Associated Banc from $32.00 to $33.00 and gave the stock a “hold” rating in a research report on Tuesday, August 4th. Piper Sandler boosted their price target on Associated Banc from $29.00 to $30.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. Weiss Ratings reiterated a “buy (b)” rating on shares of Associated Banc in a research report on Wednesday, June 24th. Finally, Robert W. Baird increased their price objective on Associated Banc from $29.00 to $30.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, Associated Banc presently has a consensus rating of “Moderate Buy” and a consensus price target of $31.60.

Associated Banc Company Profile

Associated Banc-Corp, through its primary subsidiary Associated Bank, N.A., is a regional financial services company headquartered in Green Bay, Wisconsin. The bank operates more than 200 branches across the Midwest, offering community-focused banking solutions for individuals, small businesses and commercial clients. Its emphasis on personalized service and regional decision-making supports long-standing customer relationships.

On the consumer side, Associated Bank provides checking and savings accounts, residential mortgages, home equity lines of credit, auto financing and credit card products.