Piper Sandler Reaffirms Buy Rating on Peoples Bancorp Inc. (PEBO)
Piper Sandler maintains a buy rating for Peoples Bancorp with a $43 price target, a 13.40% upside from the current price.
Key Points
- Piper Sandler reiterated its buy rating on Peoples Bancorp Inc. (PEBO) with a $43 price target on June 26, 2026.
- Piper Sandler's $43 price target implies 13.40% upside from Peoples Bancorp Inc.'s ($PEBO) current $37.92 share price.
- Shares of NasdaqGS:PEBO traded near $37.84 on Saturday, with a market cap of about $1.38 billion and a P/E ratio of 12.35.
- Insiders recently bought shares, and analysts maintain a hold consensus with a target mean price of $37.83.
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Piper Sandler reiterated its buy rating on Peoples Bancorp Inc. (NasdaqGS:PEBO) on June 26, 2026, setting a price target of $43. Shares of Peoples Bancorp traded at $37.84 on Saturday.
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Other Institutional Activity in Peoples Bancorp
Several institutional investors have recently adjusted their positions in Peoples Bancorp. BlackRock, Inc. reduced its holdings by 59,314 shares, ending with 3,075,612 shares worth about $101.1 million. Dimensional Fund Advisors LP increased its stake by 21,273 shares to hold 2,270,134 shares valued at approximately $74.6 million. State Street Corp saw a substantial increase, adding 790,995 shares for a total of 1,892,530 shares, valued at $62.2 million. Vanguard Capital Management LLC opened a new position with 1,489,690 shares worth around $48.9 million. Meanwhile, American Century Companies Inc. increased its stake by 44,952 shares, holding a total of 1,031,664 shares valued at $33.9 million.
Peoples Bancorp Inc. Stock Down 4.4%
Shares of Peoples Bancorp Inc. (NasdaqGS:PEBO) traded near $37.84 on Saturday. The company has a market capitalization of approximately $1.38 billion and a P/E ratio of 12.35. Peoples Bancorp's stock has a 52-week low of $27.49 and a 52-week high of $38.84. Its 50-day moving average is $34.90, while the 200-day moving average is $32.03. The stock's beta is 0.621, indicating relatively low volatility compared to the market.
$PEBO price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
Peoples Bancorp reported revenue of $423.96 million, with a revenue growth rate of 6.7%. The company's earnings per share (EPS) stand at $3.12, with a net margin of 26.3% and a return on equity (ROE) of 9.47%. The next earnings report is expected on July 21, 2026.
Dividend
Peoples Bancorp offers an annual dividend rate of $1.68, yielding 4.38%. The company maintains a dividend payout ratio of 52.56%.
Insider Buying and Selling at Peoples Bancorp Inc.
Insider activity at Peoples Bancorp has been notable, with several purchases reported. On April 27, 2026, Dwight Eric Smith bought 1,000 shares at an average price of $34.51. Earlier, on March 31, 2026, David Dierker acquired 399 shares at $32.87, while Matthew Joseph Macia, the Chief Risk Officer, bought 54 shares at $27.94. Additionally, Matthew Edgell, Chief of Staff, purchased 190 shares at the same price, along with Hugh Donlon and Mark Augenstein, who also made significant buys.
Analysts Set New Price Targets
On June 26, 2026, Piper Sandler maintained its buy rating for Peoples Bancorp with a $43 price target. This follows previous ratings by the same firm, which also reiterated a buy stance with a $41 target on April 23, 2026. DA Davidson has maintained a buy rating as well, with a $38 target set on April 22, 2026. Overall, the stock holds a consensus recommendation of hold, with a target mean price of $37.83 based on six analyst opinions.
About Peoples Bancorp Inc.
Peoples Bancorp Inc. is a financial holding company based in Marietta, Ohio. It operates through its subsidiary, Peoples Bank, offering a range of banking services such as commercial and consumer loans, deposit accounts, and credit cards. The company also provides insurance products, asset management, and payment processing services. Led by CEO Tyler J. Wilcox, Peoples Bancorp employs around 1,458 people.
Bottom Line
Piper Sandler's reaffirmation of a buy rating for Peoples Bancorp Inc. with a $43 target highlights ongoing confidence in the company's potential. Investors keep a close eye on such analyst actions as they provide insights into market sentiment. It's important to remember that these ratings are based on past performance and expectations, and actual results may vary.
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