--- title: "Allworth Financial LP Buys Shares of 21,081 Commerce Bancshares, Inc. $CBSH" type: "News" locale: "en" url: "https://longbridge.com/en/news/296694315.md" description: "Allworth Financial LP initiated a new position in Commerce Bancshares (CBSH) during Q2, purchasing 21,081 shares valued at approximately $1.22 million. Other institutional investors, including Apriem Advisors and Heartland Bank & Trust Co., also increased their stakes in CBSH during the fourth quarter. Meanwhile, insiders CFO Charles Kim and EVP Robert Holmes sold shares totaling nearly $1.5 million in late July. Analysts recently issued mixed ratings, with an average 'Hold' rating and a target price of $63.29." datetime: "2026-08-23T07:20:42.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296694315.md) - [en](https://longbridge.com/en/news/296694315.md) - [zh-HK](https://longbridge.com/zh-HK/news/296694315.md) generator: "portal-rs" --- # Allworth Financial LP Buys Shares of 21,081 Commerce Bancshares, Inc. $CBSH Allworth Financial LP bought a new position in shares of Commerce Bancshares, Inc. (NASDAQ:CBSH - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 21,081 shares of the financial services provider's stock, valued at approximately $1,217,000. Get **Commerce Bancshares** alerts: - Want Diversified Exposure in the Regional Banks? Try These ETFs A number of other institutional investors have also made changes to their positions in CBSH. Apriem Advisors lifted its stake in Commerce Bancshares by 5.0% during the 4th quarter. Apriem Advisors now owns 4,018 shares of the financial services provider's stock worth $210,000 after acquiring an additional 191 shares in the last quarter. Heartland Bank & Trust Co boosted its holdings in Commerce Bancshares by 4.4% during the 4th quarter. Heartland Bank & Trust Co now owns 4,595 shares of the financial services provider's stock valued at $240,000 after acquiring an additional 192 shares during the period. Outlook Wealth Advisors LLC grew its position in Commerce Bancshares by 3.7% in the 4th quarter. Outlook Wealth Advisors LLC now owns 5,934 shares of the financial services provider's stock valued at $311,000 after acquiring an additional 214 shares in the last quarter. Centerpoint Advisory Group grew its position in Commerce Bancshares by 5.0% in the 4th quarter. Centerpoint Advisory Group now owns 4,534 shares of the financial services provider's stock valued at $237,000 after acquiring an additional 215 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its position in shares of Commerce Bancshares by 85.4% during the first quarter. Geneos Wealth Management Inc. now owns 469 shares of the financial services provider's stock worth $29,000 after purchasing an additional 216 shares in the last quarter. 70.26% of the stock is currently owned by institutional investors and hedge funds. ## Insider Buying and Selling at Commerce Bancshares In other news, CFO Charles G. Kim sold 19,771 shares of the company's stock in a transaction on Monday, July 27th. The shares were sold at an average price of $59.18, for a total value of $1,170,047.78. Following the completion of the transaction, the chief financial officer owned 119,410 shares in the company, valued at approximately $7,066,683.80. This represents a 14.21% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Robert S. Holmes sold 5,000 shares of the stock in a transaction on Thursday, July 30th. The shares were sold at an average price of $60.20, for a total transaction of $301,000.00. Following the completion of the transaction, the executive vice president directly owned 55,962 shares in the company, valued at $3,368,912.40. This trade represents a 8.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 32,484 shares of company stock worth $1,936,055. 1.80% of the stock is currently owned by corporate insiders. ## Analyst Upgrades and Downgrades A number of research firms have issued reports on CBSH. Wall Street Zen upgraded shares of Commerce Bancshares from a "sell" rating to a "hold" rating in a report on Tuesday, July 28th. Weiss Ratings raised Commerce Bancshares from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Tuesday, July 21st. Keefe, Bruyette & Woods increased their price objective on Commerce Bancshares from $60.00 to $62.00 and gave the company a "market perform" rating in a research note on Monday, July 20th. Stephens set a $64.00 target price on Commerce Bancshares and gave the company an "equal weight" rating in a report on Friday, July 17th. Finally, Wells Fargo & Company set a $63.00 target price on Commerce Bancshares and gave the stock an "equal weight" rating in a research note on Monday, August 10th. Three analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $63.29. **Check Out Our Latest Analysis on Commerce Bancshares** ## Commerce Bancshares Stock Performance NASDAQ:CBSH opened at $58.38 on Friday. The firm has a market capitalization of $8.37 billion, a PE ratio of 14.14, a price-to-earnings-growth ratio of 2.08 and a beta of 0.59. The business's fifty day moving average price is $58.30 and its 200 day moving average price is $53.84. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.82 and a quick ratio of 0.82. Commerce Bancshares, Inc. has a 12 month low of $46.99 and a 12 month high of $60.92. Commerce Bancshares (NASDAQ:CBSH - Get Free Report) last announced its quarterly earnings results on Thursday, July 16th. The financial services provider reported $1.10 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.04 by $0.06. The company had revenue of $498.91 million during the quarter, compared to the consensus estimate of $492.22 million. Commerce Bancshares had a return on equity of 14.31% and a net margin of 26.07%.During the same period in the previous year, the business earned $1.14 EPS. On average, sell-side analysts anticipate that Commerce Bancshares, Inc. will post 4.25 earnings per share for the current fiscal year. ## Commerce Bancshares Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 22nd. Stockholders of record on Friday, September 4th will be given a dividend of $0.275 per share. This represents a $1.10 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend is Friday, September 4th. Commerce Bancshares's dividend payout ratio (DPR) is 26.63%. ## Commerce Bancshares Company Profile (Free Report) Commerce Bancshares, Inc is a bank holding company primarily engaged in providing a broad range of banking and financial services across the Midwest. Through its principal subsidiary, Commerce Bank, the company offers commercial and consumer banking, treasury management, trust and wealth advisory, and mortgage lending. Its diversified product suite includes deposit and loan products, cash management solutions, capital markets services, and private banking designed to meet the needs of individuals, small businesses, and large corporations. The company's commercial banking group delivers tailored credit facilities, equipment and inventory financing, asset-based lending, and merchant services. ## Read More - Five stocks we like better than Commerce Bancshares - 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? *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.* Continue following MarketBeat Add MarketBeat as your preferred source on Google to see our latest stories in your feed. Add As Preferred Source ## Should You Invest $1,000 in Commerce Bancshares Right Now? Before you consider Commerce Bancshares, 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 Commerce Bancshares wasn't on the list. While Commerce Bancshares currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. 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