BlackRock Inc. purchased a new stake in Glacier Bancorp, Inc. (NYSE:GBCI - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 17,715,517 shares of the company's stock, valued at approximately $913,766,000. BlackRock Inc. owned 13.61% of Glacier Bancorp as of its most recent SEC filing.

• MarketBeat’s Top-Rated Dividend Stocks for 2026

Several other hedge funds have also recently added to or reduced their stakes in GBCI. Deutsche Bank AG bought a new position in Glacier Bancorp during the second quarter worth about $7,254,000. Rice Hall James & Associates LLC bought a new stake in shares of Glacier Bancorp in the 2nd quarter valued at about $360,000. OneDigital Investment Advisors LLC bought a new stake in shares of Glacier Bancorp in the 2nd quarter valued at about $303,000. AMG National Trust Bank acquired a new stake in shares of Glacier Bancorp in the 2nd quarter valued at approximately $627,000. Finally, Idaho Trust Co acquired a new stake in shares of Glacier Bancorp in the 2nd quarter valued at approximately $14,336,000. Institutional investors and hedge funds own 80.17% of the company's stock.

Analysts Set New Price Targets

Several analysts recently commented on GBCI shares. Piper Sandler raised their price objective on Glacier Bancorp from $59.00 to $60.00 and gave the stock an "overweight" rating in a research note on Monday, April 27th. Weiss Ratings upgraded shares of Glacier Bancorp from a "hold (c+)" rating to a "buy (b-)" rating in a report on Wednesday, August 5th. Stephens increased their price objective on shares of Glacier Bancorp from $52.00 to $54.00 and gave the stock an "overweight" rating in a research report on Wednesday, April 29th. Finally, DA Davidson restated a "buy" rating and set a $58.00 price objective on shares of Glacier Bancorp in a report on Monday, July 27th. Five equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $55.17.

View Our Latest Stock Report on Glacier Bancorp

Glacier Bancorp Stock Performance

NYSE GBCI opened at $47.25 on Friday. The stock has a market capitalization of $6.15 billion, a price-to-earnings ratio of 19.36 and a beta of 0.74. The stock's 50 day moving average price is $50.31 and its two-hundred day moving average price is $48.48. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.84 and a current ratio of 0.84. Glacier Bancorp, Inc. has a 52 week low of $39.90 and a 52 week high of $54.58.

Glacier Bancorp (NYSE:GBCI - Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The company reported $0.76 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.76. The company had revenue of $320.94 million for the quarter. Glacier Bancorp had a net margin of 19.72% and a return on equity of 7.97%. During the same quarter last year, the business earned $0.57 earnings per share. As a group, analysts anticipate that Glacier Bancorp, Inc. will post 3.11 earnings per share for the current fiscal year.

Glacier Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, July 16th. Shareholders of record on Tuesday, July 7th were given a dividend of $0.33 per share. The ex-dividend date of this dividend was Tuesday, July 7th. This represents a $1.32 annualized dividend and a dividend yield of 2.8%. Glacier Bancorp's payout ratio is 54.10%.

Glacier Bancorp Profile

(Free Report)

Glacier Bancorp, Inc is a bank holding company headquartered in Kalispell, Montana. Through its network of community banks, the company delivers commercial and retail banking services to individuals, small and medium-sized businesses, and agricultural clients. With a commitment to relationship-driven banking, Glacier Bancorp combines local market expertise with regional scale to offer customized financial solutions that address the unique needs of the communities it serves.

Established in 1955 as Glacier Bank, the company has expanded both organically and through targeted acquisitions to build a presence across the Mountain West and into the Upper Midwest and Southwest.

Featured Stories

• Five stocks we like better than Glacier Bancorp
• 2 Biotech Stocks Shaping Up for Major Breakouts
• 3 Stocks Came Roaring Back—Now They’re Flashing Warning Signs
• 3 Beaten-Down Stocks That Haven’t Gotten the Message About the S&P 500’s Record Run
• Darden Restaurants Just Hit a 52-Week High–Is the Olive Garden Comeback Story Legit?

Want to see what other hedge funds are holding GBCI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Glacier Bancorp, Inc. (NYSE:GBCI - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Glacier Bancorp Right Now?

Before you consider Glacier Bancorp, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Glacier Bancorp wasn't on the list.

While Glacier Bancorp currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here