Tony Chalfant Sells 4,668 Shares of Heritage Financial (NASDAQ:HFWA) Stock

February 12, 2026 by InsiderTrades.com

Key Points

Tony Chalfant, EVP of Heritage Financial, sold 4,668 shares on Feb. 11 at an average price of $27.65 for a total of $129,070.20, reducing his position by ~19% to 19,870 shares; the transaction was disclosed in an SEC filing.
Heritage Financial beat Q4 estimates with $0.66 EPS (vs. $0.57 expected) and $66.35M in revenue, trades near a market cap of about $944M with a P/E of 14.18, and pays a quarterly dividend of $0.24 (annualized $0.96, ~3.5% yield); analysts’ consensus is a Hold with an average price target of $31.25.

Heritage Financial Corporation (NASDAQ:HFWA - Get Free Report) EVP Tony Chalfant sold 4,668 shares of the company's stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $27.65, for a total transaction of $129,070.20. Following the completion of the sale, the executive vice president owned 19,870 shares of the company's stock, valued at approximately $549,405.50. This trade represents a 19.02% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Heritage Financial Trading Up 0.2%

NASDAQ:HFWA opened at $27.80 on Thursday. Heritage Financial Corporation has a 12-month low of $19.84 and a 12-month high of $28.44. The company has a current ratio of 0.83, a quick ratio of 0.84 and a debt-to-equity ratio of 0.05. The stock's 50 day simple moving average is $25.32 and its 200-day simple moving average is $24.13. The firm has a market cap of $944.00 million, a P/E ratio of 14.18 and a beta of 0.53.

Heritage Financial (NASDAQ:HFWA - Get Free Report) last announced its quarterly earnings data on Thursday, January 22nd. The financial services provider reported $0.66 EPS for the quarter, beating the consensus estimate of $0.57 by $0.09. Heritage Financial had a net margin of 20.10% and a return on equity of 8.61%. The firm had revenue of $66.35 million during the quarter, compared to analysts' expectations of $65.95 million. Equities analysts anticipate that Heritage Financial Corporation will post 2.09 EPS for the current year.

Heritage Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 11th. Investors of record on Wednesday, January 28th were given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend was Wednesday, January 28th. Heritage Financial's dividend payout ratio is currently 48.98%.

Institutional Investors Weigh In On Heritage Financial

A number of institutional investors have recently modified their holdings of HFWA. Brighton Jones LLC lifted its holdings in shares of Heritage Financial by 3.7% in the third quarter. Brighton Jones LLC now owns 12,452 shares of the financial services provider's stock worth $301,000 after acquiring an additional 450 shares during the last quarter. CWM LLC increased its holdings in Heritage Financial by 7.7% in the fourth quarter. CWM LLC now owns 8,249 shares of the financial services provider's stock worth $195,000 after purchasing an additional 592 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Heritage Financial by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,060 shares of the financial services provider's stock valued at $488,000 after purchasing an additional 881 shares in the last quarter. GAMMA Investing LLC increased its stake in Heritage Financial by 20.8% during the 4th quarter. GAMMA Investing LLC now owns 5,171 shares of the financial services provider's stock valued at $122,000 after purchasing an additional 891 shares in the last quarter. Finally, Intech Investment Management LLC increased its holdings in Heritage Financial by 2.7% during the 3rd quarter. Intech Investment Management LLC now owns 35,891 shares of the financial services provider's stock worth $868,000 after purchasing an additional 960 shares in the last quarter. Institutional investors own 78.30% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on HFWA. Stephens lifted their target price on shares of Heritage Financial from $28.00 to $30.00 and gave the stock an "equal weight" rating in a research report on Monday, January 26th. Wall Street Zen upgraded shares of Heritage Financial from a "sell" rating to a "hold" rating in a research note on Saturday, November 15th. Zacks Research lowered shares of Heritage Financial from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, November 25th. DA Davidson boosted their price target on shares of Heritage Financial from $29.00 to $32.00 and gave the company a "buy" rating in a report on Friday, January 23rd. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Heritage Financial in a research note on Thursday, January 22nd. Two research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $31.25.

Check Out Our Latest Analysis on HFWA

About Heritage Financial

(Get Free Report)

Heritage Financial Corporation (NASDAQ:HFWA) is a bank holding company headquartered in Spokane, Washington. Through its primary subsidiary, Heritage Bank, the company provides a comprehensive range of banking and financial services to both individual and commercial clients. Heritage Bank's offerings encompass deposit products, lending solutions, treasury and cash management services, mortgage banking, and wealth management, positioning the organization as a full-service community bank.

The company's lending portfolio includes commercial real estate loans, agricultural loans, small business administration (SBA) loans, construction and development financing, and a variety of consumer mortgage products.