Rep. Lisa C. McClain Buys ING Group, N.V. (NYSE:ING) Shares

Representative Lisa C. McClain (R-Michigan) recently bought shares of ING Group, N.V. (NYSE:ING). In a filing disclosed on August 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in ING Group stock on June 24th. The trade occurred in the Representative’s “CHARLES SCHWAB BROKERAGE ACCOUNT 924” account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Autoliv (NYSE:ALV) on 8/4/2025.
• Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 8/4/2025.
• Sold $1,001 – $15,000 in shares of Applied Materials (NASDAQ:AMAT) on 8/4/2025.
• Sold $1,001 – $15,000 in shares of Arthur J. Gallagher & Co. (NYSE:AJG) on 8/4/2025.
• Sold $1,001 – $15,000 in shares of SAP (NYSE:SAP) on 7/22/2025.
• Purchased $1,001 – $15,000 in shares of XPO (NYSE:XPO) on 7/22/2025.
• Purchased $1,001 – $15,000 in shares of Lithia Motors (NYSE:LAD) on 7/22/2025.
• Sold $1,001 – $15,000 in shares of Sanofi (NASDAQ:SNY) on 7/22/2025.
• Sold $1,001 – $15,000 in shares of Waters (NYSE:WAT) on 7/22/2025.
• Purchased $1,001 – $15,000 in shares of Group 1 Automotive (NYSE:GPI) on 7/22/2025.

ING Group Stock Down 0.8%

Shares of ING stock opened at $24.67 on Tuesday. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 2.83. ING Group, N.V. has a 1 year low of $15.09 and a 1 year high of $25.11. The firm’s fifty day moving average price is $22.65 and its two-hundred day moving average price is $20.43. The firm has a market capitalization of $77.65 billion, a P/E ratio of 11.37, a PEG ratio of 1.79 and a beta of 1.14.

ING Group (NYSE:ING) last issued its quarterly earnings results on Thursday, July 31st. The financial services provider reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.05. ING Group had a net margin of 27.28% and a return on equity of 11.62%. The firm had revenue of $6.55 billion for the quarter, compared to analyst estimates of $6.40 billion. On average, equities analysts predict that ING Group, N.V. will post 2.14 EPS for the current fiscal year.

ING Group Cuts Dividend

The firm also recently declared a semi-annual dividend, which will be paid on Monday, August 25th. Shareholders of record on Monday, August 11th will be paid a $0.4002 dividend. This represents a yield of 450.0%. The ex-dividend date is Monday, August 11th. ING Group’s payout ratio is presently 31.80%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of ING. Legacy Advisors LLC bought a new position in shares of ING Group in the 1st quarter valued at about $28,000. SBI Securities Co. Ltd. grew its position in shares of ING Group by 135.3% in the 1st quarter. SBI Securities Co. Ltd. now owns 1,586 shares of the financial services provider’s stock valued at $31,000 after acquiring an additional 912 shares during the period. Rexford Capital Inc. bought a new position in shares of ING Group in the 2nd quarter valued at about $33,000. V Square Quantitative Management LLC bought a new position in shares of ING Group in the 2nd quarter valued at about $37,000. Finally, Redwood Investments LLC bought a new position in shares of ING Group in the 4th quarter valued at about $41,000. Institutional investors own 4.49% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have issued reports on ING. Cfra Research upgraded shares of ING Group from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, May 6th. Barclays upgraded shares of ING Group from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, July 15th. Three investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan’s 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.

McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan’s 9th Congressional District. She declared candidacy for the 2026 election.

Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor’s degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

ING Group Company Profile

ING Groep N.V. provides various banking products and services in the Netherlands, Belgium, Germany, rest of Europe, and internationally. It operates through five segments: Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, and Wholesale Banking. The company accepts current and savings accounts.