Key Takeaways
- Keefe, Bruyette & Woods maintained a Market Perform recommendation for Valley National Bancorp – Preferred Stock (VLYPN).
- The average one-year price target suggests a potential upside of 18.27%, with a target of $30.49 per share.
- Institutional ownership remains stable, though total shares held by institutions decreased in the last quarter.
- Several major ETFs, including PFFA and PFF, have reduced their holdings in VLYPN, while others like PGX and Flaherty & Crumrine saw increases.
Analyst Recommendation for Valley National Bancorp Preferred Stock
Keefe, Bruyette & Woods has affirmed its coverage of Valley National Bancorp – Preferred Stock (NasdaqGS:VLYPN) with a Market Perform rating. This assessment was reported on October 24, 2025, indicating a steady outlook from the financial analysis firm.
Analyst Price Forecast Suggests Significant Upside Potential
Recent analyst projections indicate a promising outlook for Valley National Bancorp – Preferred Stock. As of September 30, 2025, the consensus one-year price target for VLYPN stands at $30.49 per share. This target is derived from a range of forecasts, with a low estimate of $25.93 and a high estimate reaching $35.94.
💡 The average price target of $30.49 represents a substantial potential increase of 18.27% from the stock’s most recent closing price of $25.78 per share. This suggests that analysts see considerable room for growth in the preferred stock’s valuation over the next year.
Furthermore, the projected annual non-GAAP Earnings Per Share (EPS) for Valley National Bancorp – Preferred Stock is $0.96, providing another metric for evaluating the company’s financial health and performance.
Fund Sentiment and Institutional Holdings Analysis
Tracking fund sentiment offers valuable insights into how institutional investors view Valley National Bancorp – Preferred Stock. Currently, 12 funds or institutions have reported positions in VLYPN. This number has remained consistent over the past quarter, suggesting a stable level of institutional interest.
📊 While the number of funds holding VLYPN is unchanged, the average portfolio weight dedicated to this preferred stock across all funds has seen an increase of 9.52%, now standing at 0.26%. Despite this increased allocation percentage, the total number of shares owned by institutions saw a decrease of 6.26% in the last three months, totaling 1,811,000 shares.
Activity Among Major Shareholders
Examining the actions of other shareholders provides a clearer picture of market dynamics. Several prominent ETFs have adjusted their positions in Valley National Bancorp – Preferred Stock recently.
PFFA – Virtus InfraCap U.S. Preferred Stock ETF
PFFA currently holds 921,000 shares. In its previous filing, the firm reported owning 957,000 shares, marking a decrease of 3.88%. The firm also reduced its portfolio allocation to VLYPN by 12.75% over the last quarter.
PFF – iShares Preferred and Income Securities ETF
PFF holds 475,000 shares, down from 518,000 shares reported in its prior filing, a reduction of 8.97%. The firm’s portfolio allocation in VLYPN decreased by 7.24% over the past quarter.
PGX – Invesco Preferred ETF
PGX’s holdings amount to 234,000 shares, compared to 245,000 shares previously, a decrease of 4.85%. Notably, this firm increased its portfolio allocation in VLYPN by 1.69% this past quarter.
VRP – Invesco Variable Rate Preferred ETF
VRP holds 52,000 shares, a slight decrease from 53,000 shares reported earlier, representing a 1.62% reduction. The firm decreased its allocation to VLYPN by 5.03% over the last quarter.
Flaherty & Crumrine Dynamic Preferred & Income Fund
This fund holds 37,000 shares, a significant increase from its previous holding of 20,000 shares, which is a 46.84% rise. Their portfolio allocation in VLYPN saw a substantial increase of 86.99% in the last quarter.
Expert Summary
Keefe, Bruyette & Woods has maintained a Market Perform rating on Valley National Bancorp – Preferred Stock (VLYPN), coupled with a price target that suggests an 18.27% upside potential. While overall institutional share counts have slightly decreased, the average fund allocation has increased, reflecting mixed but evolving institutional interest. Key ETF holders have adjusted their positions, with some reducing exposure and others increasing it, indicating diverse strategic approaches by major investors.