OLD NATIONAL BAN Earnings Report Looms Ahead of Financial Estimates

OLD NATIONAL BAN ($ONB) is scheduled to release its quarterly earnings on Tuesday, April 22nd, prior to the market opening, according to Finnhub. Analysts project revenues to reach $483,090,938, with earnings estimated at $0.43 per share.

For ongoing updates, visit Quiver Quantitative’s $ONB Stock page, which features insights on insider trading, hedge fund positions, congressional trading, and more.

Recent Hedge Fund Activity for OLD NATIONAL BAN

In the latest quarter, 186 institutional investors have increased their holdings in OLD NATIONAL BAN, while 133 have reduced theirs. This shifting behavior indicates a dynamic interest in the stock.

Here are some notable changes:

• WELLINGTON MANAGEMENT GROUP LLP added 7,872,318 shares (+923.4%) in Q4 2024, valued at approximately $170,868,662.
• MILLENNIUM MANAGEMENT LLC increased their holdings by 4,751,923 shares (+10,795.2%) for an estimated value of $103,140,488.
• CITADEL ADVISORS LLC acquired 4,315,534 shares (+169.0%), estimated at $93,668,665.
• ALYESKA INVESTMENT GROUP, L.P. boosted their share count by 3,607,127 (+inf%) with a valuation of approximately $78,292,691.
• WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC added 3,474,578 shares (+172.1%) valued around $75,415,715.
• EXODUSPOINT CAPITAL MANAGEMENT, LP increased holdings by 1,949,612 shares (+inf%), amounting to about $42,316,328.
• MANUFACTURERS LIFE INSURANCE COMPANY, THE boosted their position by 1,850,249 shares (+155.9%), estimated at $40,159,654.

To monitor hedge fund portfolios more closely, visit Quiver Quantitative’s institutional holdings dashboard.

OLD NATIONAL BAN Analyst Ratings Overview

Recently, Wall Street analysts have provided insights into $ONB performance. Notably, 2 firms issued buy ratings, while none recommended selling the stock.

Recent analyst ratings include:

• Barclays issued an “Overweight” rating on 12/19/2024.
• Raymond James granted a “Strong Buy” rating on 11/26/2024.

For continuous updates on analyst ratings and price targets for OLD NATIONAL BAN, check out Quiver Quantitative’s $ONB forecast page.

OLD NATIONAL BAN Price Targets and Forecasts

In recent months, analysts have published various price targets for $ONB, with a median expectation of $26.5 based on 2 price targets issued in the last 6 months.

Here are the latest price targets:

• Jon Arfstrom from RBC Capital has set a target price of $26.0 dated 01/22/2025.
• Jared Shaw from Barclays has a target price of $27.0, noted on 12/19/2024.

This article is not financial advice. For further details, please refer to Quiver Quantitative’s disclaimers. Note that inaccuracies may arise due to ticker-mapping errors and other anomalies.

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