Polar Asset Management Partners Inc. Sells 616,242 Shares of Valley National Bancorp $VLY

Polar Asset Management Partners Inc. decreased its stake in shares of Valley National Bancorp (NASDAQ:VLY) by 63.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 350,732 shares of the company’s stock after selling 616,242 shares during the period. Polar Asset Management Partners Inc.’s holdings in Valley National Bancorp were worth $4,307,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Cedar Mountain Advisors LLC acquired a new stake in Valley National Bancorp in the 1st quarter valued at about $26,000. Assetmark Inc. raised its stake in shares of Valley National Bancorp by 123.7% in the first quarter. Assetmark Inc. now owns 2,150 shares of the company’s stock worth $26,000 after acquiring an additional 1,189 shares during the last quarter. Los Angeles Capital Management LLC acquired a new position in shares of Valley National Bancorp during the fourth quarter worth approximately $26,000. First Horizon Corp grew its stake in shares of Valley National Bancorp by 52.5% during the fourth quarter. First Horizon Corp now owns 3,219 shares of the company’s stock valued at $38,000 after purchasing an additional 1,108 shares during the last quarter. Finally, Geneos Wealth Management Inc. bought a new stake in shares of Valley National Bancorp during the fourth quarter valued at approximately $39,000. Institutional investors own 61.00% of the company’s stock.

Insider Buying and Selling at Valley National Bancorp

In other news, CAO Mitchell L. Crandell sold 25,495 shares of the firm’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $14.63, for a total value of $372,991.85. Following the transaction, the chief accounting officer directly owned 76,116 shares in the company, valued at $1,113,577.08. This trade represents a 25.09% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.06% of the stock is currently owned by company insiders.

Valley National Bancorp News Summary

Here are the key news stories impacting Valley National Bancorp this week:

• Positive Sentiment: JPMorgan Chase & Co. kept an Overweight rating on Valley National Bancorp and trimmed its price target only modestly to $17.00 from $17.50, signaling continued confidence in upside from current levels. JPMorgan price target update
• Positive Sentiment: Keefe, Bruyette & Woods raised its price target to $16.00 from $15.00, suggesting analysts still see room for the shares to recover despite the earnings miss. KBW price target update
• Positive Sentiment: Valley National posted year-over-year revenue growth of 13.3%, helped by stronger net interest income and non-interest income, and provisions were lower, which supports the longer-term earnings outlook. Second quarter 2026 results
• Neutral Sentiment: Adjusted second-quarter EPS came in at $0.30 versus the consensus $0.31, a very small miss that was offset by slightly better-than-expected revenue. Second quarter 2026 results
• Negative Sentiment: The main drag on the stock is that higher expenses kept Valley National from fully beating earnings estimates, limiting enthusiasm around an otherwise solid quarter. Earnings miss analysis

Valley National Bancorp Stock Performance

VLY opened at $14.34 on Monday. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.96 and a quick ratio of 0.96. The company has a market cap of $7.95 billion, a price-to-earnings ratio of 12.15 and a beta of 1.03. The firm has a 50 day simple moving average of $14.22 and a 200 day simple moving average of $13.24. Valley National Bancorp has a fifty-two week low of $8.95 and a fifty-two week high of $15.20.

Valley National Bancorp (NASDAQ:VLY) last announced its quarterly earnings data on Thursday, July 23rd. The company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.31 by ($0.01). Valley National Bancorp had a net margin of 19.49% and a return on equity of 9.13%. The business had revenue of $560.74 million during the quarter, compared to analyst estimates of $557.16 million. During the same quarter in the prior year, the company earned $0.23 earnings per share. The company’s quarterly revenue was up 13.3% on a year-over-year basis. On average, sell-side analysts anticipate that Valley National Bancorp will post 1.3 earnings per share for the current year.

Valley National Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be paid a $0.11 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 3.1%. Valley National Bancorp’s dividend payout ratio is 37.29%.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on VLY. National Bank Financial set a $17.50 price target on shares of Valley National Bancorp in a report on Wednesday, July 1st. JPMorgan Chase & Co. reduced their price objective on Valley National Bancorp from $17.50 to $17.00 and set an “overweight” rating on the stock in a report on Friday. UBS Group set a $17.00 price objective on Valley National Bancorp in a research report on Tuesday, July 7th. Weiss Ratings reissued a “buy (b)” rating on shares of Valley National Bancorp in a research note on Monday, July 6th. Finally, Barclays boosted their target price on Valley National Bancorp from $14.00 to $15.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 7th. Three equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Valley National Bancorp currently has an average rating of “Moderate Buy” and an average target price of $16.03.

About Valley National Bancorp

Valley National Bancorp (NASDAQ: VLY) is a regional bank holding company headquartered in Wayne, New Jersey, offering a comprehensive suite of commercial and consumer banking products and services. Through its banking subsidiary, Valley National Bank, the company provides deposit accounts, residential and commercial lending, mortgage services, treasury and cash management, foreign exchange and trade finance solutions. Complementary wealth management and insurance offerings round out its financial services platform, catering to individual, small-business and corporate clients.

Tracing its roots to the establishment of Wayne National Bank in 1927, Valley has grown into one of the largest banks in New Jersey by both assets and deposit share.