Silvercrest Asset Management Group 13F: Cuts GBCI Stake by $8.1M

Silvercrest Asset Management Group has trimmed its position in Glacier Bancorp, Inc. (NYSE: GBCI) by 156,479 shares, as disclosed in its recent 13F filing with the SEC. This reduction brings Silvercrest's total holdings to approximately 2.42 million shares, valued at around $120.9 million. This move reflects a 6.07% decrease in their stake in Glacier Bancorp.

What Changed in Silvercrest's Glacier Bancorp Position

Silvercrest Asset Management cut its holdings in Glacier Bancorp from 2,577,428 shares to 2,420,949 shares, a reduction of 156,479 shares. This adjustment represents a 6.07% decrease in their position, with the current value of the shares held at approximately $120.9 million.

Other Institutional Activity in Glacier Bancorp

Several other institutional investors have also adjusted their positions in Glacier Bancorp. BlackRock, Inc. reduced its holdings by 53,849 shares, ending with about 16.02 million shares valued at $715.6 million. Vanguard Portfolio Management LLC acquired 6,714,185 shares, now holding shares worth approximately $299.9 million. State Street Corp increased its stake by 36,850 shares, bringing its total to 6,215,213 shares valued at $277.6 million. Meanwhile, Neuberger Berman Group LLC trimmed its position by 98,151 shares, holding about 4.46 million shares valued at $199.1 million.

Glacier Bancorp, Inc. Stock Up 15.5%

Shares of Glacier Bancorp (NYSE: GBCI) are trading around $49.95. The company has a market capitalization of approximately $6.5 billion and a P/E ratio of 23.34. Its beta is 0.738, indicating lower volatility compared to the market. The stock's 52-week range is between $39.9 and $53.99, with a 50-day moving average of $47.86 and a 200-day moving average of $46.54.

Recent Earnings

Glacier Bancorp reported revenue of $1.04 billion, with a revenue growth rate of 39.7%. The company's net margin stands at 25.7%, and its return on equity is 7.08%. The next earnings report is expected on July 23, 2026.

Dividend

Glacier Bancorp offers an annual dividend rate of $1.32, yielding 2.64%. The payout ratio is 77.1%, indicating the portion of earnings paid out as dividends to shareholders.

Insider Buying and Selling at Glacier Bancorp, Inc.

Several insider transactions were reported at Glacier Bancorp. Chief Administrative Officer Ryan Thomas Screnar purchased 187 shares at an average price of $48.10 on February 23, 2026. President and CEO Randall Chesler sold 12,516 shares on February 13, 2026. Other insiders, including Chief Experience Officer Lee Kenneth Groom and Annie Goodwin, made purchases on February 13, 2026.

Analysts Set New Price Targets

Analysts have maintained positive ratings on Glacier Bancorp. On April 29, 2026, Stephens & Co. maintained a 'buy' rating with a price target of $54. Piper Sandler also maintained a 'buy' rating with a target of $60 on April 27, 2026. The consensus among analysts is a 'buy' recommendation, with an average price target of $56.50 based on six analyst opinions.

About Glacier Bancorp

Glacier Bancorp, Inc., headquartered in Kalispell, Montana, operates as the bank holding company for Glacier Bank. It provides a range of banking services to individuals, small to medium-sized businesses, and public entities across the United States. The company offers retail and business banking, mortgage origination, and loan servicing, along with various deposit products. Founded in 1955, Glacier Bancorp has grown to employ over 4,100 people under the leadership of CEO Randall M. Chesler.

Bottom Line

Silvercrest Asset Management's decision to reduce its stake in Glacier Bancorp reflects a strategic adjustment in their portfolio. Investors often track these filings to gauge institutional confidence in a company. It's important to remember that 13F filings are historical snapshots and may not represent current positions.