Valley National Bancorp (VLY)

• Market cap: $5.36B
• 1 day: 1.91%
• 5 days: 11.25%
• 1 month: -3.33%
• 3 months: 0.84%
• 6 months: 18.98%
• Year to date: 7.39%
• 1 year: -4.00%
• 5 years: -16.32%
• 10 years: 5.15%
• 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

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

• Low target: $10 4% upside
• Avg. target: $10.75 12% upside
• High target: $12.50 30% upside

8 analyst ratings

• positive: 4 50%
• neutral: 4 50%
• negative: 0 0%

JP Morgan Anthony Elian 71% 1-year accuracy 10 / 14 met price target	9% upside $10.50	Overweight Maintained	7 Jan 2025
Stephens & Co. Matt Breese 83% 1-year accuracy 5 / 6 met price target	30% upside $12.50	Overweight Reiterated	2 Jan 2025
Citigroup Ben Gerlinger 83% 1-year accuracy 15 / 18 met price target	4% upside $10	Neutral Maintained	31 Dec 2024
Barclays Jared Shaw 69% 1-year accuracy 48 / 70 met price target	15% upside $11	Equal-Weight Maintained	5 Dec 2024
JP Morgan Steven Alexopoulos 69% 1-year accuracy 29 / 42 met price target	15% upside $11	Overweight Upgraded	11 Nov 2024