Peoples Bancorp director Dwight Smith buys $39,809 in shares By Investing.com
Dwight Eric Smith, a director at Peoples Bancorp Inc. (), recently purchased shares of the company’s common stock. The transaction took place on July 23, 2026, and involved the acquisition of 1,000 shares.
The shares were purchased at a price of $39.8099 each, totaling an investment of $39,809. The timing of this insider purchase is notable, as the stock is currently trading near its 52-week high of $40.50 and has delivered a strong 37.6% year-to-date return. According to InvestingPro analysis, the stock appears slightly overvalued relative to its Fair Value, though the company maintains a solid financial health score of “GOOD.” Following this transaction, Mr. Smith directly holds 10,256.1792 shares of Peoples Bancorp Inc. common stock. The company has maintained dividend payments for 53 consecutive years with a current yield of 4.17%, according to InvestingPro data. For investors seeking deeper insights, PEBO is among the 1,400+ US equities covered by comprehensive Pro Research Reports, which transform complex financial data into actionable intelligence.
The filing was signed by Jason A. Silcott, acting as attorney-in-fact for Mr. Smith, on July 27, 2026.
In other recent news, Peoples Bancorp reported its second-quarter 2026 financial results, revealing diluted earnings per share (EPS) of $0.78, which fell short of Wall Street’s estimate of $0.85. However, the company’s revenue surpassed expectations, reaching $121.95 million compared to the projected $120.05 million. Analysts from DA Davidson raised their price target for Peoples Bancorp shares to $44.00, maintaining a Buy rating, citing the bank’s strong quarterly performance and its ongoing acquisition of Citizens. Keefe, Bruyette & Woods also increased their price target to $42.00 while keeping a Market Perform rating, highlighting the company’s robust second-quarter results and improving credit trends. During the earnings call, it was noted that the adjusted diluted EPS of $0.96 exceeded consensus expectations. DA Davidson pointed to steady net interest margin expansion and effective expense control as positive factors. These developments have contributed to a favorable outlook from analysts regarding Peoples Bancorp’s financial health and strategic initiatives.
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