Mutual of America Capital Management LLC Reduces Stock Position in Stock Yards Bancorp, Inc. $SYBT

Mutual of America Capital Management LLC lessened its stake in Stock Yards Bancorp, Inc. (NASDAQ:SYBT) by 8.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 128,554 shares of the bank’s stock after selling 11,477 shares during the period. Mutual of America Capital Management LLC owned approximately 0.44% of Stock Yards Bancorp worth $8,997,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Sequoia Financial Advisors LLC bought a new stake in shares of Stock Yards Bancorp in the third quarter worth $1,638,000. Callan Family Office LLC purchased a new position in Stock Yards Bancorp in the second quarter worth about $355,000. Envestnet Asset Management Inc. grew its stake in shares of Stock Yards Bancorp by 1,496.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 116,690 shares of the bank’s stock valued at $9,216,000 after purchasing an additional 109,382 shares during the period. Squarepoint Ops LLC grew its stake in shares of Stock Yards Bancorp by 412.3% during the 2nd quarter. Squarepoint Ops LLC now owns 32,114 shares of the bank’s stock valued at $2,536,000 after purchasing an additional 25,845 shares during the period. Finally, SG Americas Securities LLC increased its position in shares of Stock Yards Bancorp by 144.6% during the 3rd quarter. SG Americas Securities LLC now owns 14,077 shares of the bank’s stock valued at $985,000 after purchasing an additional 8,321 shares during the last quarter. 56.46% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Stock Yards Bancorp news, Director David L. Hardy acquired 2,000 shares of the stock in a transaction dated Thursday, November 6th. The shares were acquired at an average cost of $66.53 per share, for a total transaction of $133,060.00. Following the completion of the transaction, the director directly owned 2,000 shares of the company’s stock, valued at approximately $133,060. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. 3.40% of the stock is currently owned by corporate insiders.

Stock Yards Bancorp Price Performance

NASDAQ SYBT opened at $68.10 on Wednesday. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.31. Stock Yards Bancorp, Inc. has a 12 month low of $60.75 and a 12 month high of $83.83. The stock has a market cap of $2.01 billion, a price-to-earnings ratio of 14.87 and a beta of 0.69. The company’s 50 day moving average is $67.20 and its two-hundred day moving average is $71.07.

Stock Yards Bancorp (NASDAQ:SYBT) last announced its quarterly earnings data on Tuesday, January 27th. The bank reported $1.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.20 by $0.04. The firm had revenue of $104.47 million during the quarter, compared to analysts’ expectations of $102.42 million. Stock Yards Bancorp had a net margin of 24.50% and a return on equity of 13.65%. As a group, research analysts anticipate that Stock Yards Bancorp, Inc. will post 4.16 earnings per share for the current year.

Stock Yards Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th were issued a dividend of $0.32 per share. The ex-dividend date of this dividend was Monday, December 15th. This represents a $1.28 dividend on an annualized basis and a yield of 1.9%. Stock Yards Bancorp’s dividend payout ratio (DPR) is currently 27.95%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on SYBT shares. Weiss Ratings reissued a “hold (c)” rating on shares of Stock Yards Bancorp in a report on Monday, December 29th. Wall Street Zen upgraded shares of Stock Yards Bancorp from a “sell” rating to a “hold” rating in a research note on Saturday, November 8th. Four equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $83.67.

Stock Yards Bancorp News Roundup

Here are the key news stories impacting Stock Yards Bancorp this week:

• Positive Sentiment: Record Q4 and FY results — Q4 diluted EPS of $1.24 beat consensus and full‑year net income reached a record $140.2M ($4.75/sh), supported by loan and deposit growth and a slight NIM expansion; this strengthens earnings momentum and supports valuation. Stock Yards Bancorp Reports Record Fourth-Quarter Earnings
• Positive Sentiment: Acquisition expands scale and is accretive — agreed to acquire Field & Main Bancorp in an all‑stock deal (~$105.7M implied value). The combination would raise pro forma assets to ≈ $10.4B and management says the deal is ~5.7% EPS accretive once synergies are realized, improving operating leverage over time. Stock Yards Bancorp and Field & Main Bancorp to Merge
• Positive Sentiment: Balance‑sheet and capital metrics look healthy — tangible book value per share rose ~19% y/y to $29.50, deposits grew ~9% and credit metrics improved (non‑performing loans down), supporting capital and dividend capacity. QuiverQuant: Record Earnings Summary
• Neutral Sentiment: Investor event / more detail to come — management will host a conference call and investor presentation (Jan. 28) to discuss the merger and Q4 drivers; attendees should listen for integration timeline, expected cost savings, and regulatory timing. QuiverQuant: Acquisition Announcement & Details
• Negative Sentiment: Deal and integration risks / dilution near term — the transaction is 100% stock, which dilutes existing holders and depends on shareholder and regulatory approvals; integration costs, execution risk, or delays could pressure shares in the near term. Seeking Alpha: Stock Yards to Buy Field & Main
• Negative Sentiment: Rising operating expenses and higher Q4 tax rate — non‑interest expenses increased (~6% y/y) and the effective tax rate jumped in Q4, which could temper near‑term margin expansion if expense trends persist. Stock Yards Q4 Financial Details

Stock Yards Bancorp Company Profile

Stock Yards Bancorp, Inc is a bank holding company headquartered in Louisville, Kentucky, operating through its principal subsidiary, Stock Yards Bank & Trust Co As a community-oriented financial institution, the company offers a full suite of banking services tailored to individual consumers, small to mid-sized businesses, and municipalities. Its mission centers on fostering long-term client relationships through personalized service, local decision-making, and a commitment to sustainable growth in the markets it serves.

The bank’s core products include a variety of deposit accounts ranging from personal checking and savings to commercial money market and time deposit offerings.