Equities Analysts Set Expectations for HFWA Q4 Earnings

Heritage Financial Corporation (NASDAQ:HFWA) – Stock analysts at DA Davidson issued their Q4 2025 EPS estimates for shares of Heritage Financial in a research report issued to clients and investors on Friday, October 24th. DA Davidson analyst J. Rulis expects that the financial services provider will post earnings per share of $0.57 for the quarter. The consensus estimate for Heritage Financial’s current full-year earnings is $2.09 per share.

Heritage Financial (NASDAQ:HFWA) last announced its quarterly earnings results on Thursday, October 23rd. The financial services provider reported $0.56 EPS for the quarter, meeting the consensus estimate of $0.56. Heritage Financial had a net margin of 17.27% and a return on equity of 8.21%. The firm had revenue of $65.70 million during the quarter, compared to the consensus estimate of $65.25 million.

HFWA has been the subject of several other reports. Zacks Research raised shares of Heritage Financial from a “hold” rating to a “strong-buy” rating in a report on Friday, October 3rd. Keefe, Bruyette & Woods lifted their price objective on shares of Heritage Financial from $26.00 to $28.00 and gave the stock a “market perform” rating in a report on Monday, September 29th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Heritage Financial in a report on Saturday. Finally, Wall Street Zen downgraded shares of Heritage Financial from a “hold” rating to a “sell” rating in a report on Saturday, July 26th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $28.50.

Heritage Financial Stock Up 0.3%

Shares of NASDAQ:HFWA opened at $23.12 on Monday. The firm has a fifty day moving average price of $24.02 and a two-hundred day moving average price of $23.64. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.84 and a quick ratio of 0.85. Heritage Financial has a one year low of $19.84 and a one year high of $27.58. The company has a market cap of $784.92 million, a price-to-earnings ratio of 14.01 and a beta of 0.53.

Heritage Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 19th. Investors of record on Wednesday, November 5th will be given a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date is Wednesday, November 5th. Heritage Financial’s dividend payout ratio (DPR) is presently 58.18%.

Hedge Funds Weigh In On Heritage Financial

A number of large investors have recently added to or reduced their stakes in the business. Deprince Race & Zollo Inc. raised its position in Heritage Financial by 61.0% in the 3rd quarter. Deprince Race & Zollo Inc. now owns 70,514 shares of the financial services provider’s stock worth $1,706,000 after purchasing an additional 26,727 shares during the period. CWM LLC raised its position in Heritage Financial by 100.5% in the 3rd quarter. CWM LLC now owns 7,657 shares of the financial services provider’s stock worth $185,000 after purchasing an additional 3,838 shares during the period. Brighton Jones LLC raised its position in Heritage Financial by 3.7% in the 3rd quarter. Brighton Jones LLC now owns 12,452 shares of the financial services provider’s stock worth $301,000 after purchasing an additional 450 shares during the period. Public Sector Pension Investment Board raised its position in Heritage Financial by 7.8% in the 2nd quarter. Public Sector Pension Investment Board now owns 116,282 shares of the financial services provider’s stock worth $2,772,000 after purchasing an additional 8,456 shares during the period. Finally, Tower Research Capital LLC TRC raised its position in Heritage Financial by 99.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,875 shares of the financial services provider’s stock worth $69,000 after purchasing an additional 1,431 shares during the period. Hedge funds and other institutional investors own 78.30% of the company’s stock.

About Heritage Financial

Heritage Financial Corporation operates as the bank holding company for Heritage Bank that provides various financial services to small and medium sized businesses and individuals in the United States. It accepts various deposit products, such as noninterest demand deposits, interest bearing demand deposits, money market accounts, savings accounts, personal checking accounts, and certificates of deposit.