Silvercrest Asset Management Group 13F: Cuts GBCI Stake by $7.8M

Silvercrest Asset Management Trims Stake in Glacier Bancorp

Silvercrest Asset Management Group reduced its holdings in Glacier Bancorp, Inc. NYSE: GBCI during the period, according to its latest Form 13F filing with the SEC. The firm sold 156,479 shares of the regional bank, marking a 6.1% decrease from its prior position. Even after the reduction, the firm held a sizeable stake of 2,420,949 shares by the end of the reporting period. That remaining block of stock carried a reported value of about $120.9 million.

Trimming the Position Down to Size

The adjustment lowered Silvercrest's exposure to the Kalispell, Montana-based lender after starting the period with 2,577,428 shares. Because 13F filings look backward at holdings from the close of a previous quarter, this snapshot might not reflect the fund's exact trading stance today. Investors often review these periodic disclosures to spot portfolio adjustments by major asset managers, keeping in mind that trimming a position can stem from routine rebalancing rather than a shift in long-term outlook.

Glacier Bancorp Stock Context

Shares of Glacier Bancorp trade on the New York Stock Exchange, where the stock recently changed hands near $49.95. The regional lender operates with a price-to-earnings ratio of 18.4 and a forward earnings multiple of 12.4. Trading well above its 50-day moving average of $48.47 and its 200-day moving average of $47.74, the equity sits comfortably within its 52-week range that spans from a low of $39.90 to a high of $54.58.

Strong Earnings and Profitability

Glacier Bancorp brings in solid financial results, anchored by $1.13 billion in annual revenue and a net profit margin of 27.6%. The regional lender posted earnings of $2.44 per share alongside a return on equity of 7.9%. Analysts and shareholders are keeping an eye on the calendar for the bank's next quarterly earnings update, which is currently scheduled for release on October 15, 2026.

Reliable Dividend Payments for Shareholders

Income-focused investors find steady returns through the company's dividend program. Glacier Bancorp pays an annual dividend of $1.32 per share, which translates to a dividend yield of 2.96%. The payout is supported by a dividend payout ratio of 67.6%, meaning the bank uses nearly two-thirds of its earnings to reward shareholders while retaining enough capital to fund commercial lending operations across its branch network.

Analysts Set New Price Targets

Wall Street research firms continue to monitor the bank's operational progress. On July 27, 2026, DA Davidson reaffirmed its positive stance on the stock. The firm kept a buy rating in place alongside a price target of $58.00. Across the broader analyst community, the stock holds a consensus mean price target of $56.83 drawn from six analyst opinions.

Inside Glacier Bancorp

Glacier Bank serves as the primary operating subsidiary for Glacier Bancorp, delivering retail banking, business banking, mortgage origination, and loan servicing to customers across several states. Founded back in 1955, the institution handles everything from agricultural and consumer lending to construction loans and commercial real estate financing for individuals and small businesses.

Looking Ahead After the Filing

Institutional filing season offers a glimpse into how professional money managers position their portfolios across the banking sector. Observers will look toward subsequent SEC filings to see whether Silvercrest continues to pare back its financial sector holdings or stabilizes its position. As always, these historical disclosures provide context rather than a direct trading signal.