Analysts Set Expectations for HFWA Q2 Earnings

Heritage Financial Co. (NASDAQ:HFWA - Free Report) - DA Davidson issued their Q2 2025 earnings per share estimates for Heritage Financial in a research note issued on Friday, April 25th. DA Davidson analyst J. Rulis expects that the financial services provider will post earnings of $0.52 per share for the quarter. The consensus estimate for Heritage Financial's current full-year earnings is $2.09 per share. DA Davidson also issued estimates for Heritage Financial's FY2026 earnings at $2.35 EPS.

Separately, StockNews.com upgraded Heritage Financial from a "sell" rating to a "hold" rating in a report on Monday, January 27th.

Heritage Financial Stock Down 1.7 %

HFWA stock opened at $22.60 on Monday. The company has a 50 day moving average of $23.27 and a two-hundred day moving average of $24.22. The company has a market cap of $768.20 million, a price-to-earnings ratio of 18.23 and a beta of 0.47. Heritage Financial has a 12-month low of $16.55 and a 12-month high of $27.58. The company has a quick ratio of 0.82, a current ratio of 0.84 and a debt-to-equity ratio of 0.47.

Heritage Financial (NASDAQ:HFWA - Get Free Report) last issued its earnings results on Thursday, April 24th. The financial services provider reported $0.49 earnings per share for the quarter, beating analysts' consensus estimates of $0.46 by $0.03. The company had revenue of $57.59 million for the quarter, compared to the consensus estimate of $61.74 million. Heritage Financial had a return on equity of 7.17% and a net margin of 13.64%.

Institutional Trading of Heritage Financial

Institutional investors and hedge funds have recently modified their holdings of the company. Barclays PLC raised its holdings in Heritage Financial by 105.4% in the 3rd quarter. Barclays PLC now owns 73,300 shares of the financial services provider's stock worth $1,595,000 after acquiring an additional 37,606 shares during the period. JPMorgan Chase & Co. increased its stake in shares of Heritage Financial by 0.4% in the third quarter. JPMorgan Chase & Co. now owns 123,283 shares of the financial services provider's stock worth $2,684,000 after purchasing an additional 500 shares during the period. Aspire Capital Advisors LLC acquired a new position in shares of Heritage Financial during the 4th quarter worth about $215,000. Jennison Associates LLC boosted its stake in Heritage Financial by 26.7% during the 4th quarter. Jennison Associates LLC now owns 2,206,766 shares of the financial services provider's stock valued at $54,066,000 after purchasing an additional 465,708 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. grew its holdings in Heritage Financial by 18.0% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 24,968 shares of the financial services provider's stock valued at $607,000 after buying an additional 3,814 shares during the last quarter. 78.30% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Heritage Financial

In other Heritage Financial news, CFO Donald Hinson sold 3,420 shares of the stock in a transaction on Monday, March 17th. The shares were sold at an average price of $23.59, for a total transaction of $80,677.80. Following the transaction, the chief financial officer now directly owns 42,087 shares of the company's stock, valued at $992,832.33. This represents a 7.52 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Jeffrey J. Deuel sold 7,033 shares of the stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $23.66, for a total value of $166,400.78. Following the transaction, the chief executive officer now directly owns 70,906 shares in the company, valued at approximately $1,677,635.96. This represents a 9.02 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 11,311 shares of company stock worth $267,473 in the last 90 days. 1.80% of the stock is owned by insiders.

Heritage Financial Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 21st. Shareholders of record on Wednesday, May 7th will be given a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 4.25%. The ex-dividend date is Wednesday, May 7th. Heritage Financial's dividend payout ratio is 77.42%.

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.

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