Empowered Funds LLC Has $11.87 Million Position in Renasant Corp $RNST

Empowered Funds LLC lifted its stake in shares of Renasant Corp (NYSE:RNST) by 8.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 328,457 shares of the company’s stock after purchasing an additional 26,281 shares during the quarter. Empowered Funds LLC’s holdings in Renasant were worth $11,867,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. First Horizon Corp lifted its stake in Renasant by 56.3% in the 4th quarter. First Horizon Corp now owns 1,080 shares of the company’s stock valued at $38,000 after purchasing an additional 389 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of Renasant by 42.8% during the third quarter. PNC Financial Services Group Inc. now owns 1,152 shares of the company’s stock worth $42,000 after buying an additional 345 shares in the last quarter. Caitong International Asset Management Co. Ltd increased its holdings in shares of Renasant by 241.5% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,226 shares of the company’s stock worth $43,000 after buying an additional 867 shares in the last quarter. Los Angeles Capital Management LLC bought a new position in shares of Renasant in the 4th quarter valued at $60,000. Finally, State of Wyoming lifted its stake in shares of Renasant by 31.8% in the 4th quarter. State of Wyoming now owns 1,832 shares of the company’s stock valued at $65,000 after acquiring an additional 442 shares during the last quarter. 77.31% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Connie L. Engel sold 1,257 shares of the company’s stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $40.90, for a total value of $51,411.30. Following the sale, the director directly owned 15,449 shares in the company, valued at $631,864.10. This represents a 7.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Albert J. Dale III sold 1,650 shares of the company’s stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $39.80, for a total value of $65,670.00. Following the completion of the sale, the director owned 40,075 shares in the company, valued at $1,594,985. The trade was a 3.95% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 15,611 shares of company stock valued at $618,889 over the last ninety days. 2.07% of the stock is owned by company insiders.

Renasant Stock Down 0.4%

Shares of RNST opened at $43.71 on Thursday. The company has a market capitalization of $4.03 billion, a PE ratio of 13.09 and a beta of 0.96. Renasant Corp has a 12 month low of $33.04 and a 12 month high of $44.50. The stock’s 50-day moving average price is $42.22 and its two-hundred day moving average price is $39.74. The company has a current ratio of 0.90, a quick ratio of 0.89 and a debt-to-equity ratio of 0.13.

Renasant (NYSE:RNST) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.91 by $0.03. The company had revenue of $273.94 million during the quarter, compared to analysts’ expectations of $280.71 million. Renasant had a return on equity of 8.68% and a net margin of 19.94%.During the same quarter in the prior year, the firm posted $0.01 earnings per share. On average, analysts anticipate that Renasant Corp will post 3.73 EPS for the current year.

Trending Headlines about Renasant

Here are the key news stories impacting Renasant this week:

• Positive Sentiment: Renasant reported diluted earnings of $0.94 per share, above the $0.91 analyst consensus and up from $0.69 a year earlier. Net income reached $87.1 million, compared with $1.0 million in the year-ago quarter. Renasant Q2 Earnings Surpass Estimates
• Positive Sentiment: Loan balances increased by $220.9 million from the prior quarter, while credit quality remained strong: net charge-offs were just 0.06% of annualized average loans. Renasant Q2 2026 Net Income Rises
• Positive Sentiment: The company raised its quarterly cash dividend to $0.24 per share and repurchased $60 million of common stock during the quarter, supporting shareholder returns. Renasant Reports Strong Q2 Earnings and Dividend Increase
• Neutral Sentiment: Second-quarter revenue was $273.94 million, below the $280.71 million consensus estimate. Net interest income declined slightly to $227.7 million, and the net interest margin narrowed four basis points to 3.83%. Renasant Reports Sales Below Analyst Estimates
• Negative Sentiment: Deposits fell $398.4 million from the prior quarter, and net income declined from $88.2 million in the first quarter. The combination of softer revenue, lower deposits and margin pressure likely explains the stock’s weaker reaction despite the earnings beat. Renasant Earnings Conference Call

Analyst Upgrades and Downgrades

Several research firms recently weighed in on RNST. Weiss Ratings reissued a “buy (b-)” rating on shares of Renasant in a report on Friday, June 5th. TD Cowen reaffirmed a “buy” rating on shares of Renasant in a report on Thursday, April 30th. Finally, Hovde Group increased their target price on Renasant from $44.00 to $46.00 and gave the company an “outperform” rating in a research report on Wednesday, April 29th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $45.50.

About Renasant

Renasant Corporation operates as a bank holding company for Renasant Bank that provides a range of financial, wealth management, fiduciary, and insurance services to retail and commercial customers. It operates through three segments: Community Banks, Insurance, and Wealth Management. The Community Banks segment offers checking and savings accounts, business and personal loans, asset-based lending, and equipment leasing services, as well as safe deposit and night depository facilities. It also provides commercial, financial, and agricultural loans; equipment financing and leasing; real estate–1-4 family mortgage; real estate–commercial mortgage; real estate–construction loans for the construction of single family residential properties, multi-family properties, and commercial projects; installment loans to individuals; and interim construction loans, as well as automated teller machine (ATM), online and mobile banking, call center, and treasury management services.