Analysts’ Weekly Ratings Updates for Beacon Financial (BBT)

A number of firms have modified their ratings and price targets on shares of Beacon Financial (NYSE: BBT) recently:

• 5/5/2026 – Beacon Financial was downgraded by Zacks Research from “hold” to “strong sell”.
• 5/4/2026 – Beacon Financial had its price target lowered by Piper Sandler from $35.00 to $33.00. They now have an “overweight” rating on the stock.
• 5/1/2026 – Beacon Financial was downgraded by Raymond James Financial, Inc. from “strong-buy” to “market perform”.
• 5/1/2026 – Beacon Financial had its price target lowered by Royal Bank Of Canada from $33.00 to $31.00. They now have a “sector perform” rating on the stock.
• 5/1/2026 – Beacon Financial had its price target lowered by Keefe, Bruyette & Woods from $36.00 to $33.00. They now have an “outperform” rating on the stock.
• 5/1/2026 – Beacon Financial had its “market perform” rating reaffirmed by Hovde Group. They now have a $30.00 price target on the stock, down from $33.00.

Beacon Financial Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 15th will be issued a $0.3225 dividend. This represents a $1.29 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date is Friday, May 15th. Beacon Financial’s dividend payout ratio (DPR) is currently 106.61%.

Insider Buying and Selling at Beacon Financial

In other news, insider Michael W. Mccurdy sold 17,333 shares of the firm’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $31.04, for a total value of $538,016.32. Following the transaction, the insider owned 25,555 shares in the company, valued at $793,227.20. This trade represents a 40.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 1.09% of the stock is owned by corporate insiders.

Truist Financial Corp. operates as a financial holding company, which engages in the provision of banking services to individuals, businesses and municipalities. The firm offers a variety of loans and lease financing to individuals and entities, including insurance premium financing, permanent commercial real estate financing arrangements, loan servicing for third-party investors, direct consumer finance loans to individuals, credit card lending, automobile financing and equipment financing. It also markets a range of other services, including deposits, life insurance, property and casualty insurance, health Truist Financial Corp.