Old National Bancorp (NASDAQ: ONB) is 40.79% higher on its value in year-to-date trading and has touched a low of $16.83 and a high of $24.49 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ONB stock was last observed hovering at around $23.21 in the last trading session, with the day’s gains setting it 0.26%.
Currently trading at $23.47, the stock is 8.79% and 9.63% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.4 million and changing 1.12% at the moment leaves the stock 10.32% off its SMA200. ONB registered 8.13% gain for a year compared to 6-month gain of 10.40%. The firm has a 50-day simple moving average (SMA 50) of $21.409 and a 200-day simple moving average (SMA200) of $21.2754.
The stock witnessed a 9.98% loss in the last 1 month and extending the period to 3 months gives it a 30.75%, and is 4.31% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.07% over the week and 2.27% over the month.
Old National Bancorp (ONB) has around 4066 employees, a market worth around $8.68B and $3.01B in sales. Current P/E ratio is 13.65 and Fwd P/E is 8.94. Profit margin for the company is 18.20%. Distance from 52-week low is 39.49% and -4.16% from its 52-week high. The company has generated returns on investments over the last 12 months (4.65%).
The EPS is expected to grow by 15.80% this year
504.0 institutions hold shares in Old National Bancorp (ONB), with institutional investors hold 99.58% of the company’s shares. The shares outstanding are 319.24M, and float is at 316.37M with Short Float at 5.79%. Institutions hold 87.28% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 38.9 million shares valued at $668.71 million. The investor’s holdings represent 12.3266 of the ONB Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 33.41 million shares valued at $574.37 million to account for 10.5877 of the shares outstanding. The other top investors are FULLER & THALER ASSET MANAGEMENT, INC. which holds 20.71 million shares representing 6.5634 and valued at over $356.06 million, while DIMENSIONAL FUND ADVISORS LP holds 5.3363 of the shares totaling 16.84 million with a market value of $289.48 million.
Old National Bancorp (ONB) Insider Activity
The most recent transaction is an insider sale by Sander Mark G, the company’s PRESIDENT AND COO. SEC filings show that Sander Mark G sold 60,343 shares of the company’s common stock on May 16 ’25 at a price of $22.11 per share for a total of $1.33 million. Following the sale, the insider now owns 0.27 million shares.
Old National Bancorp disclosed in a document filed with the SEC on May 15 ’25 that Sander Mark G (PRESIDENT AND COO) sold a total of 7,000 shares of the company’s common stock. The trade occurred on May 15 ’25 and was made at $22.45 per share for $0.16 million. Following the transaction, the insider now directly holds 0.33 million shares of the ONB stock.