Univest Corporation of Pennsylvania (NASDAQ:UVSP) Hits New 12-Month High Following Better-Than-Expected Earnings

Univest Corporation of Pennsylvania (NASDAQ:UVSP)’s stock price reached a new 52-week high on Thursday following a better than expected earnings announcement. The stock traded as high as $38.71 and last traded at $37.3510, with a volume of 25555 shares traded. The stock had previously closed at $36.73.

The financial services provider reported $0.96 earnings per share for the quarter, beating analysts’ consensus estimates of $0.84 by $0.12. The business had revenue of $87.45 million during the quarter, compared to analysts’ expectations of $84.85 million. Univest Corporation of Pennsylvania had a return on equity of 10.25% and a net margin of 18.25%.

Univest Corporation of Pennsylvania Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 20th. Shareholders of record on Wednesday, May 6th will be issued a dividend of $0.23 per share. This is an increase from Univest Corporation of Pennsylvania’s previous quarterly dividend of $0.22. The ex-dividend date is Wednesday, May 6th. This represents a $0.92 annualized dividend and a yield of 2.5%. Univest Corporation of Pennsylvania’s payout ratio is 28.03%.

Key Stories Impacting Univest Corporation of Pennsylvania

Here are the key news stories impacting Univest Corporation of Pennsylvania this week:

• Positive Sentiment: Q1 earnings beat and revenue outperformance — Univest reported $0.96 EPS vs. a $0.84 consensus and revenue of $87.45M versus ~$84.85M estimates, reflecting year-over-year EPS growth and stronger-than-expected profitability. This is the main driver lifting the stock. Article Title
• Positive Sentiment: Dividend raise — Univest declared a $0.23 quarterly dividend (4.5% increase from $0.22), with an annualized yield around 2.5% and an ex-dividend date of May 6. The hike supports the stock’s income appeal for dividend-focused investors.
• Neutral Sentiment: Company release and call — Management issued the formal press release and hosted a conference call; reported return on equity (~9.8–10.3% range in filings) and net margin (~17.5–18.3%) were highlighted, offering details but no material new guidance. Press Release Listen to Conference Call
• Neutral Sentiment: Analyst / media commentary — Positive write-ups note Univest’s dividend and earnings quality as attractive for income investors, but they largely reiterate existing points rather than introducing fresh catalysts. Article Title
• Neutral Sentiment: Earnings call transcript available — Investors can review the full Q&A for color on loan growth, margins and capital deployment; the transcript provides detail for modeling but didn’t reveal major surprises. Article Title
• Negative Sentiment: Revenue trend questions — Some coverage flags a revenue slide versus prior periods, asking whether profit expansion can fully offset lower top-line momentum; this introduces caution around sustainability of earnings improvements. Article Title

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. Keefe, Bruyette & Woods upped their price target on shares of Univest Corporation of Pennsylvania from $34.00 to $36.00 and gave the company a “market perform” rating in a report on Tuesday, February 3rd. Weiss Ratings reissued a “buy (b)” rating on shares of Univest Corporation of Pennsylvania in a research note on Friday, March 27th. One equities research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $35.00.

Institutional Investors Weigh In On Univest Corporation of Pennsylvania

Several hedge funds have recently made changes to their positions in UVSP. Assenagon Asset Management S.A. acquired a new stake in shares of Univest Corporation of Pennsylvania during the first quarter worth $8,819,000. The Manufacturers Life Insurance Company boosted its holdings in shares of Univest Corporation of Pennsylvania by 15.1% during the second quarter. The Manufacturers Life Insurance Company now owns 1,475,872 shares of the financial services provider’s stock worth $44,335,000 after purchasing an additional 193,561 shares during the last quarter. UNIVEST FINANCIAL Corp boosted its holdings in shares of Univest Corporation of Pennsylvania by 22.2% during the fourth quarter. UNIVEST FINANCIAL Corp now owns 617,526 shares of the financial services provider’s stock worth $20,218,000 after purchasing an additional 112,203 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of Univest Corporation of Pennsylvania by 38.0% during the fourth quarter. Goldman Sachs Group Inc. now owns 379,679 shares of the financial services provider’s stock worth $12,431,000 after purchasing an additional 104,516 shares during the last quarter. Finally, SG Americas Securities LLC boosted its holdings in shares of Univest Corporation of Pennsylvania by 359.9% during the first quarter. SG Americas Securities LLC now owns 99,155 shares of the financial services provider’s stock worth $3,397,000 after purchasing an additional 77,594 shares during the last quarter. Institutional investors and hedge funds own 75.07% of the company’s stock.

Univest Corporation of Pennsylvania Stock Up 2.1%

The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $1.05 billion, a PE ratio of 11.26 and a beta of 0.61. The firm has a 50-day moving average of $34.78 and a two-hundred day moving average of $33.10.

Univest Corporation of Pennsylvania Company Profile

Univest Corporation of Pennsylvania is a financial holding company headquartered in Souderton, Pennsylvania, operating through its primary subsidiary, Univest Bank and Trust Co The company offers a comprehensive range of banking services, including commercial and consumer lending, deposit products, mortgage banking, treasury and payment solutions, and wealth management services. Through its community banking model, Univest serves individuals, small to middle-market businesses, and nonprofit and public institutions.

Founded in 1893 as Souderton Industrial Savings Association, Univest has grown through a combination of organic expansion and targeted acquisitions.