Owen Sullivan Adds Associated Banc-Corp Shares

Owen Sullivan recently made a purchase of 38 shares of Associated Banc-Corp (NYSE: ASB) at an average price of $29.22 each, totaling approximately $1,110.36. This transaction took place on June 15, 2026, and adds to the ongoing insider activity within the company.

Insider Buying and Selling at Associated Banc-Corp

On June 15, 2026, several insiders at Associated Banc-Corp engaged in buying shares. Michael Haddad acquired 33 shares at $29.41 and another 38 shares at $29.22. John Utz, Executive Vice President, bought 46 shares at $29.49. Kristen Ludgate and Derek Meyer, EVP and Chief Financial Officer, each purchased 38 and 127 shares respectively at $29.22. Cory Nettles also bought 382 shares at the same price.

Other Institutional Activity in Associated Banc-Corp

Institutional investors have also been active in Associated Banc-Corp. BlackRock, Inc. increased its holdings by 1,214,530 shares, bringing its total to 22,420,184 shares valued at approximately $579.79 million. Vanguard Portfolio Management LLC added 10,881,788 shares, resulting in the same number of shares worth $281.40 million. Dimensional Fund Advisors LP grew its position by 170,080 shares, ending with 9,811,228 shares valued at $253.71 million. State Street Corp added 250,096 shares, totaling 8,961,442 shares valued at $231.74 million. First Trust Advisors LP significantly increased its stake by 3,347,699 shares, now holding 5,971,227 shares worth $154.42 million.

Associated Banc-Corp Stock Down 5.1%

Shares of Associated Banc-Corp (NYSE: ASB) are trading near $29.34. The company has a market capitalization of about $5.54 billion and a P/E ratio of 10.19. It has a 52-week low of $22.48 and a high of $29.96, with a 50-day moving average of $27.95 and a 200-day moving average of $26.59. The stock's beta is 0.788, indicating lower volatility compared to the market.

Recent Earnings

Associated Banc-Corp reported revenue of approximately $1.47 billion, reflecting a growth of 12.2%. The company achieved a net margin of 33.43% and a return on equity of 10.18%. Earnings per share stand at $2.88. The next earnings report is expected on July 23, 2026.

Dividend

The company offers an annual dividend rate of $0.95, yielding 3.24% with a payout ratio of 32.64%. This provides a steady income stream for shareholders.

Analysts Set New Price Targets

Analysts have been active with their assessments of Associated Banc-Corp. On April 24, 2026, Keefe, Bruyette & Woods maintained a hold rating with a $31.00 price target. Piper Sandler and Baird also maintained hold ratings with $30.00 targets. Barclays upgraded the stock to a buy with a $33.00 target on April 7, 2026. The consensus among analysts is a mean price target of $31.00.

About Associated Banc-Corp

Associated Banc-Corp, headquartered in Green Bay, Wisconsin, is a bank holding company that provides a wide range of banking and nonbanking services. It operates primarily in Wisconsin, Illinois, Missouri, Texas, and Minnesota, offering commercial and personal banking, lending solutions, deposit and cash management, and investment services. The company is led by CEO Mr. Andrew John Harmening and employs approximately 3,934 people.

Bottom Line

Owen Sullivan's recent purchase of Associated Banc-Corp shares highlights ongoing insider interest in the company. With a solid financial position and a history of steady dividends, ASB remains a company of interest for both institutional and individual investors. As always, remember that insider transactions are disclosed after the fact and may not reflect current positions.