1,168,163 Shares in Old National Bancorp $ONB Acquired by Algebris UK Ltd.

Algebris UK Ltd. purchased a new stake in Old National Bancorp (NASDAQ:ONB) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 1,168,163 shares of the bank’s stock, valued at approximately $25,622,000. Old National Bancorp accounts for 2.9% of Algebris UK Ltd.’s holdings, making the stock its 14th largest position. Algebris UK Ltd. owned approximately 0.30% of Old National Bancorp at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of ONB. Royal Bank of Canada increased its holdings in Old National Bancorp by 2.0% during the 1st quarter. Royal Bank of Canada now owns 214,065 shares of the bank’s stock worth $4,536,000 after purchasing an additional 4,153 shares in the last quarter. Jones Financial Companies Lllp increased its holdings in shares of Old National Bancorp by 87.8% during the 1st quarter. Jones Financial Companies Lllp now owns 12,696 shares of the bank’s stock worth $269,000 after acquiring an additional 5,936 shares during the last quarter. Goldman Sachs Group Inc. raised its position in shares of Old National Bancorp by 8.2% in the first quarter. Goldman Sachs Group Inc. now owns 2,843,946 shares of the bank’s stock valued at $60,263,000 after purchasing an additional 215,203 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Old National Bancorp by 7.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 913,117 shares of the bank’s stock valued at $19,349,000 after acquiring an additional 64,110 shares during the period. Finally, Wealth Enhancement Advisory Services LLC increased its stake in shares of Old National Bancorp by 4.9% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 24,133 shares of the bank’s stock worth $549,000 after purchasing an additional 1,124 shares during the period. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Key Old National Bancorp News

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

• Positive Sentiment: Strong Q4 results, Bremer integration progress and announced buybacks are reshaping the investment thesis, supporting higher future earnings and capital returns. How Strong Q4 Results, Bremer Integration and Buybacks At Old National Bancorp (ONB) Has Changed Its Investment Story
• Positive Sentiment: TD Cowen upgraded ONB, signaling improved analyst conviction that can support demand for the stock. TD Cowen upgrades Old National Bancorp (ONB)
• Positive Sentiment: Royal Bank of Canada raised its price target from $25 to $26 (sector perform), implying roughly double‑digit upside vs. current levels and reflecting improving outlook. RBC raises PT to $26 (Benzinga)
• Positive Sentiment: Old National’s Q4 earnings call takeaway: management framed results as durable upside for the franchise, reinforcing the beat and strategic progress. Old National Bancorp’s Earnings Call Signals Durable Upside
• Positive Sentiment: Company received a Trust in Banking award (Customer Confidence), a reputational positive that can help customer retention and brand value. Old National Receives 2026 Trust in Banking Award
• Positive Sentiment: Fixed‑income investor presentation released, improving transparency on funding and balance‑sheet strategy which can ease investor concerns about interest‑rate exposure. Old National Bancorp Capital Highlights Fixed Income Investor Presentation
• Neutral Sentiment: Coverage notes that Nasdaq Top 100 expansion and local services developments could broaden reach, but impact on near‑term earnings is indirect. Old National Bancorp Nasdaq Top 100 Expands Local Services
• Neutral Sentiment: Several analyst pieces and rating pages (Globe and Mail, Barron’s) discuss ONB favorably among regional banks but mainly provide context rather than new catalysts. Analysts Are Bullish on Top Financial Stocks
• Neutral Sentiment: Additional analyst insight pieces highlight ONB alongside peers; useful for sentiment tracking but not immediate drivers. Analysts Offer Insights on Financial Companies
• Neutral Sentiment: Barron’s research/rating page lists current analyst coverage; useful reference for investors tracking changes. Old National Bancorp (Barron’s)

Analyst Upgrades and Downgrades

ONB has been the topic of a number of recent research reports. TD Cowen raised shares of Old National Bancorp from a “hold” rating to a “buy” rating and raised their price target for the stock from $27.00 to $30.00 in a research report on Thursday. Stephens upped their price objective on shares of Old National Bancorp from $27.00 to $28.00 and gave the stock an “overweight” rating in a research report on Thursday. UBS Group started coverage on Old National Bancorp in a research report on Monday, December 15th. They issued a “neutral” rating and a $25.00 target price for the company. Royal Bank Of Canada lifted their price target on shares of Old National Bancorp from $25.00 to $26.00 and gave the stock a “sector perform” rating in a report on Thursday. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Old National Bancorp in a report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, Old National Bancorp has a consensus rating of “Moderate Buy” and an average target price of $27.18.

Old National Bancorp Stock Performance

Shares of Old National Bancorp stock opened at $23.54 on Monday. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.80. The business has a 50 day moving average price of $22.52 and a 200-day moving average price of $21.97. Old National Bancorp has a 52 week low of $16.83 and a 52 week high of $24.77. The company has a market cap of $9.20 billion, a PE ratio of 13.15 and a beta of 0.84.

Old National Bancorp (NASDAQ:ONB) last posted its earnings results on Wednesday, January 21st. The bank reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.59 by $0.03. Old National Bancorp had a net margin of 17.91% and a return on equity of 15.06%. The firm had revenue of $714.50 million during the quarter, compared to analyst estimates of $705.62 million. During the same quarter in the prior year, the business posted $0.49 EPS. Equities analysts anticipate that Old National Bancorp will post 2.08 earnings per share for the current fiscal year.

Old National Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Friday, December 5th were given a $0.14 dividend. The ex-dividend date of this dividend was Friday, December 5th. This represents a $0.56 annualized dividend and a yield of 2.4%. Old National Bancorp’s payout ratio is currently 31.28%.

Old National Bancorp Company Profile

Old National Bancorp (NASDAQ: ONB) is the bank holding company for Old National Bank, a regional financial services firm headquartered in Evansville, Indiana. Through its network of community banking offices, the company provides a full range of commercial and consumer banking services. Its offerings include checking and savings accounts, personal and business loans, and deposit products designed to meet the needs of individuals, small businesses, and larger corporate customers.

In addition to traditional banking, Old National Bancorp delivers specialty financial services such as treasury management, wealth management, mortgage loan production, and insurance solutions.