Jayne Hladio Buys Shares of Associated Banc-Corp
Jayne Hladio, EVP at Associated Banc-Corp, purchased 13 shares, signaling potential confidence in the company's prospects.
Key Points
- Jayne Hladio, EVP at Associated Banc-Corp, bought 13 shares on June 15, 2026, at $29.49 each.
- Associated Banc-Corp trades on the NYSE at approximately $29.34, with a market cap of $5.54 billion and a P/E ratio of 10.19.
- Analysts from Barclays and Stephens & Co. have upgraded the stock to 'buy', with price targets of $33 and $29, respectively.
Jayne Hladio, Executive Vice President and President of Private Wealth at Associated Banc-Corp, made a personal investment in the company by purchasing 13 shares on June 15, 2026. The shares were bought at an average price of $29.49, totaling an investment of $383.37. This transaction was not part of a pre-arranged trading plan, suggesting personal confidence in the company's future.
Other Institutional Activity in Associated Banc-Corp
Several major institutional investors have also been active in Associated Banc-Corp. BlackRock, Inc. increased its stake by 1,214,530 shares, ending with 22,420,184 shares valued at approximately $579.79 million. Vanguard Portfolio Management LLC initiated a new position with 10,881,788 shares worth about $281.40 million. Dimensional Fund Advisors LP added 170,080 shares, bringing its total to 9,811,228 shares, valued at $253.71 million. State Street Corp grew its holdings by 250,096 shares, reaching 8,961,442 shares valued at $231.74 million. First Trust Advisors LP significantly boosted its position by 3,347,699 shares to a total of 5,971,227 shares, worth around $154.42 million.
Associated Banc-Corp Stock Snapshot
Shares of Associated Banc-Corp (NYSE:ASB) are currently trading near $29.34. The company has a market cap of approximately $5.54 billion and a P/E ratio of 10.19, indicating a relatively low valuation compared to earnings. The stock's beta is 0.788, suggesting lower volatility compared to the broader market. Over the past year, the stock has ranged from $22.48 to $29.96, with a 50-day moving average of $27.95 and a 200-day moving average of $26.59.
Recent Earnings
Associated Banc-Corp reported revenue of $1.47 billion, reflecting a growth rate of 12.2%. The company achieved a net margin of 33.43% and a return on equity of 10.18%. Earnings per share stood at $2.88. The next earnings report is scheduled for July 23, 2026.
Dividend
The company pays an annual dividend rate of $0.95, providing a yield of 3.24%. The dividend payout ratio is 32.64%, indicating a sustainable distribution relative to its earnings.
Insider Buying and Selling at Associated Banc-Corp
In addition to Jayne Hladio, several other insiders made purchases on June 15, 2026. Steven Zandpour, Executive Vice President, bought 82 shares at $29.49. Michael Haddad made two purchases: 33 shares at $29.41 and 38 shares at $29.22. John Utz, another Executive Vice President, acquired 46 shares at $29.49. Kristen Ludgate bought 38 shares at $29.22, and Derek Meyer, EVP and Chief Financial Officer, purchased 127 shares at $29.22. None of these transactions were planned.
Analysts Set New Price Targets
On April 24, 2026, Keefe, Bruyette & Woods, Piper Sandler, and Baird all maintained their 'hold' ratings on Associated Banc-Corp, with price targets ranging from $30 to $31. Barclays upgraded the stock to 'buy' on April 7, with a target of $33, while Stephens & Co. also upgraded to 'buy' with a $29 target on March 27. The consensus target price is $31, based on nine analyst opinions.
About Associated Banc-Corp
Associated Banc-Corp is a financial services company headquartered in Green Bay, Wisconsin. It provides a wide range of banking and non-banking products and services, including lending, deposit, and cash management solutions. The company operates in several states including Wisconsin, Illinois, and Minnesota, and offers services such as commercial loans, real estate financing, and investment management. Led by CEO Andrew John Harmening, Associated Banc-Corp employs around 3,934 people.
Bottom Line
Jayne Hladio's recent purchase of Associated Banc-Corp shares is a notable insider transaction that may indicate confidence in the company's future prospects. The stock's performance and institutional activity suggest a stable outlook, reinforced by recent analyst upgrades. However, as with all insider transactions, this purchase should be viewed as one piece of the broader investment puzzle.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
