Valley National Bancorp (NASDAQ:VLY) Price Target Raised to $13.00

Valley National Bancorp (NASDAQ:VLY) had its target price upped by equities research analysts at Keefe, Bruyette & Woods from $12.50 to $13.00 in a report released on Friday,Benzinga reports. The brokerage currently has a “market perform” rating on the stock. Keefe, Bruyette & Woods’ price target suggests a potential upside of 3.54% from the company’s current price.

Other analysts have also issued research reports about the company. TD Cowen reaffirmed a “buy” rating on shares of Valley National Bancorp in a research report on Friday. Hovde Group increased their price target on Valley National Bancorp from $14.00 to $15.00 and gave the company an “outperform” rating in a research report on Friday. Cantor Fitzgerald increased their price target on Valley National Bancorp from $12.00 to $15.00 and gave the company an “overweight” rating in a research report on Monday, October 27th. Weiss Ratings downgraded Valley National Bancorp from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, January 15th. Finally, Wall Street Zen raised shares of Valley National Bancorp from a “sell” rating to a “hold” rating in a report on Friday, October 3rd. Two analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $13.93.

Valley National Bancorp Trading Down 0.9%

NASDAQ:VLY traded down $0.12 on Friday, reaching $12.56. 2,803,391 shares of the company’s stock were exchanged, compared to its average volume of 7,217,113. The firm has a market capitalization of $7.00 billion, a price-to-earnings ratio of 14.27 and a beta of 1.09. Valley National Bancorp has a 52-week low of $7.48 and a 52-week high of $12.97. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.40. The business has a fifty day moving average of $11.81 and a 200-day moving average of $10.83.

Valley National Bancorp (NASDAQ:VLY) last posted its quarterly earnings data on Thursday, January 29th. The company reported $0.31 EPS for the quarter, beating the consensus estimate of $0.29 by $0.02. The business had revenue of $541.25 million during the quarter, compared to analyst estimates of $524.31 million. Valley National Bancorp had a net margin of 14.86% and a return on equity of 6.67%. The business’s revenue for the quarter was up 14.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.13 earnings per share. As a group, analysts expect that Valley National Bancorp will post 0.99 earnings per share for the current year.

Institutional Investors Weigh In On Valley National Bancorp

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Pictet Asset Management Holding SA grew its holdings in shares of Valley National Bancorp by 6.5% during the fourth quarter. Pictet Asset Management Holding SA now owns 73,391 shares of the company’s stock valued at $857,000 after buying an additional 4,506 shares in the last quarter. Geneos Wealth Management Inc. acquired a new position in shares of Valley National Bancorp in the 4th quarter valued at about $39,000. HB Wealth Management LLC acquired a new stake in shares of Valley National Bancorp during the fourth quarter worth approximately $141,000. Universal Beteiligungs und Servicegesellschaft mbH grew its position in Valley National Bancorp by 6.2% during the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 412,496 shares of the company’s stock valued at $4,819,000 after purchasing an additional 24,135 shares in the last quarter. Finally, Evergreen Capital Management LLC increased its stake in Valley National Bancorp by 324.6% in the 4th quarter. Evergreen Capital Management LLC now owns 42,536 shares of the company’s stock valued at $501,000 after buying an additional 32,517 shares during the period. 61.00% of the stock is owned by institutional investors and hedge funds.

Key Valley National Bancorp News

Here are the key news stories impacting Valley National Bancorp this week:

• Positive Sentiment: Analyst price‑target hike — Hovde Group raised its VLY target from $14 to $15 and assigned an “outperform” rating, implying ~18% upside from the cited $12.67 price. This upgrade supports further upside from investors and institutions. Read More.
• Positive Sentiment: Q4 results: beat and record earnings — Valley reported record fourth‑quarter earnings, beating EPS and revenue estimates (EPS $0.31 vs. $0.29 est.; revenue $541.25M). Management called the quarter “record,” which bolsters confidence in earnings momentum. Read More.
• Positive Sentiment: Market coverage of the beat — Multiple outlets flagged the beat and strong quarter (Investing.com, Business Insider, WTOP), increasing visibility among investors and likely supporting intraday buying. Read More.
• Neutral Sentiment: Analyst / data writeups — Zacks and other outlets published metric‑by‑metric comparisons to estimates (useful for modeling but neutral until they change ratings). Read More.
• Neutral Sentiment: Earnings materials and transcript posted — Management slide deck, press release, and full call transcript are available for investors who want detail on drivers (net interest margin, loan growth, credit trends). These materials will influence longer‑term views once parsed. Read More.
• Neutral Sentiment: Press release / corporate filing — MarketBeat and TipRanks posted company releases summarizing the quarter; these are primary sources for any forward guidance or management commentary disclosed on the call. Read More.

About Valley National Bancorp

Valley National Bancorp (NASDAQ: VLY) is a regional bank holding company headquartered in Wayne, New Jersey, offering a comprehensive suite of commercial and consumer banking products and services. Through its banking subsidiary, Valley National Bank, the company provides deposit accounts, residential and commercial lending, mortgage services, treasury and cash management, foreign exchange and trade finance solutions. Complementary wealth management and insurance offerings round out its financial services platform, catering to individual, small-business and corporate clients.

Tracing its roots to the establishment of Wayne National Bank in 1927, Valley has grown into one of the largest banks in New Jersey by both assets and deposit share.