Peapack-Gladstone FinancialPGC
About: Peapack Gladstone Financial Corp provides banking services. It operates through two segments namely Banking, which involves the delivery of loans and deposits, and Wealth Management Division which includes asset management services. The banking segment includes commercial real estate, multifamily, residential and consumer lending, deposit generation, and Internet banking services. Wealth Management includes investment management services for individuals and institutions; personal trust services, administrator, custodian and guardians, and other financial planning and advisory services. The services provided by the company include checking and savings accounts, money market and interest-bearing checking accounts, certificates of deposit, individual retirement accounts, and other services.
Employees: 620
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
43% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 37
13% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 16
0% more funds holding in top 10
Funds holding in top 10: 2 [Q4 2024] → 2 (+0) [Q1 2025]
1% less funds holding
Funds holding: 136 [Q4 2024] → 134 (-2) [Q1 2025]
3.41% less ownership
Funds ownership: 78.11% [Q4 2024] → 74.69% (-3.41%) [Q1 2025]
11% less call options, than puts
Call options by funds: $17K | Put options by funds: $19K
15% less capital invested
Capital invested by funds: $439M [Q4 2024] → $373M (-$65.6M) [Q1 2025]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Keefe, Bruyette & Woods Christopher O'Connell 64% 1-year accuracy 14 / 22 met price target | 31%upside $38 | Outperform Maintained | 24 Apr 2025 |
Raymond James Mark Cash 100% 1-year accuracy 3 / 3 met price target | 35%upside $39 | Strong Buy Initiated | 11 Apr 2025 |
Financial journalist opinion
