Voya Investment Management LLC Sells 26,281 Shares of NBT Bancorp Inc. $NBTB

28 Dec 2025, 13:20 by Danessa Lincoln · The Markets Daily

Voya Investment Management LLC reduced its stake in NBT Bancorp Inc. (NASDAQ:NBTB – Free Report) by 32.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 55,386 shares of the bank’s stock after selling 26,281 shares during the period. Voya Investment Management LLC’s holdings in NBT Bancorp were worth $2,313,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the stock. EverSource Wealth Advisors LLC raised its stake in shares of NBT Bancorp by 1,645.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 646 shares of the bank’s stock valued at $27,000 after purchasing an additional 609 shares during the period. Hantz Financial Services Inc. purchased a new position in NBT Bancorp during the 2nd quarter valued at about $33,000. Farther Finance Advisors LLC grew its holdings in NBT Bancorp by 2,902.1% during the 2nd quarter. Farther Finance Advisors LLC now owns 1,441 shares of the bank’s stock valued at $60,000 after buying an additional 1,393 shares in the last quarter. GAMMA Investing LLC increased its position in shares of NBT Bancorp by 38.9% during the second quarter. GAMMA Investing LLC now owns 1,951 shares of the bank’s stock valued at $81,000 after buying an additional 546 shares during the period. Finally, Smartleaf Asset Management LLC increased its position in shares of NBT Bancorp by 23.0% during the second quarter. Smartleaf Asset Management LLC now owns 3,316 shares of the bank’s stock valued at $139,000 after buying an additional 620 shares during the period. 58.46% of the stock is currently owned by hedge funds and other institutional investors.

NBT Bancorp Price Performance

Shares of NBTB opened at $42.71 on Friday. NBT Bancorp Inc. has a 1 year low of $37.31 and a 1 year high of $49.43. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.88 and a quick ratio of 0.88. The stock has a 50 day simple moving average of $41.77 and a two-hundred day simple moving average of $42.14. The firm has a market cap of $2.23 billion, a P/E ratio of 14.24 and a beta of 0.51.

NBT Bancorp (NASDAQ:NBTB – Get Free Report) last posted its quarterly earnings results on Monday, October 27th. The bank reported $1.05 EPS for the quarter, topping the consensus estimate of $0.97 by $0.08. The firm had revenue of $186.07 million for the quarter, compared to the consensus estimate of $183.87 million. NBT Bancorp had a net margin of 17.24% and a return on equity of 10.35%. On average, analysts forecast that NBT Bancorp Inc. will post 3.69 earnings per share for the current fiscal year.

NBT Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 1st were paid a $0.37 dividend. The ex-dividend date of this dividend was Monday, December 1st. This represents a $1.48 annualized dividend and a yield of 3.5%. NBT Bancorp’s payout ratio is currently 49.33%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on NBTB shares. DA Davidson lowered shares of NBT Bancorp from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 20th. Weiss Ratings reiterated a “hold (c)” rating on shares of NBT Bancorp in a research note on Monday, December 22nd. Piper Sandler set a $47.00 price target on shares of NBT Bancorp and gave the company an “overweight” rating in a report on Tuesday, October 14th. Finally, Janney Montgomery Scott upgraded shares of NBT Bancorp to a “strong-buy” rating in a research report on Wednesday, October 22nd. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat, NBT Bancorp presently has a consensus rating of “Moderate Buy” and an average price target of $51.25.

Read Our Latest Research Report on NBT Bancorp

Insider Transactions at NBT Bancorp

In related news, Director Timothy E. Delaney acquired 10,000 shares of the firm’s stock in a transaction dated Thursday, November 6th. The shares were purchased at an average price of $40.98 per share, for a total transaction of $409,800.00. Following the completion of the acquisition, the director owned 51,885 shares in the company, valued at approximately $2,126,247.30. This represents a 23.87% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link. 3.03% of the stock is currently owned by insiders.

About NBT Bancorp

(Free Report)

NBT Bancorp, Inc (NASDAQ: NBTB) is the bank holding company for NBT Bank, N.A., a full-service commercial bank that serves both individual and corporate clients across the Northeastern United States. Through its branch network and digital channels, the company offers a comprehensive range of commercial banking services, including business lending, treasury management, cash management and specialized industry financing. Its consumer banking platform provides checking and savings accounts, certificates of deposit, home mortgages, home equity lines of credit and other lending solutions tailored to meet personal and household financial needs.

In addition to traditional banking, NBT Bancorp delivers wealth management and fiduciary services through its trust division, offering investment advisory, trust administration, retirement planning and estate settlement.