Valley National Bancorp (VLY)

• Market cap: $5.72B
• 1 day: 0.69%
• 5 days: 5.89%
• 1 month: 12.28%
• 3 months: 7.23%
• 6 months: 27.52%
• Year to date: 14.67%
• 1 year: -2.85%
• 5 years: -7.91%
• 10 years: 9.75%
• Sector: Financials
• Industry: National Commercial Banks

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

100% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 2 (+1) [Q3]

25% more capital invested

Capital invested by funds: $2.4B [Q2] → $3B (+$600M) [Q3]

2% less first-time investments, than exits

New positions opened: 45 | Existing positions closed: 46

5% less repeat investments, than reductions

Existing positions increased: 114 | Existing positions reduced: 120

2% less funds holding

Funds holding: 350 [Q2] → 344 (-6) [Q3]

2.48% less ownership

Funds ownership: 67.39% [Q2] → 64.91% (-2.48%) [Q3]

51% less call options, than puts

Call options by funds: $43.5M | Put options by funds: $88.5M

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $11 7% upside
• Avg. target: $11.42 11% upside
• High target: $12.50 22% upside

6 analyst ratings

• positive: 4 67%
• neutral: 2 33%
• negative: 0 0%

Citigroup Ben Gerlinger 81% 1-year accuracy 13 / 16 met price target	7% upside $11	Neutral Maintained	27 Jan 2025
RBC Capital Karl Shepard 80% 1-year accuracy 4 / 5 met price target	17% upside $12	Outperform Maintained	24 Jan 2025
JP Morgan Anthony Elian 63% 1-year accuracy 10 / 16 met price target	7% upside $11	Overweight Maintained	24 Jan 2025
Stephens & Co. Matt Breese 83% 1-year accuracy 5 / 6 met price target	22% upside $12.50	Overweight Reiterated	2 Jan 2025
Barclays Jared Shaw 64% 1-year accuracy 45 / 70 met price target	7% upside $11	Equal-Weight Maintained	5 Dec 2024