Royce & Associates Trims HBT Financial Stake

Investment firm reduces holdings in regional bank by 29% in Q3

Mar. 5, 2026 at 11:09am

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Royce & Associates LP, a major institutional investor, trimmed its stake in HBT Financial, Inc. (NASDAQ:HBT) by 29.1% in the third quarter of 2025, according to a recent SEC filing. The firm now owns 288,140 shares of the regional bank's stock, down from 406,422 shares previously.

Why it matters

HBT Financial is a community-focused bank serving customers in western North Carolina, eastern Tennessee, and Upstate South Carolina. Changes in major institutional ownership can signal shifts in investor sentiment and influence the company's stock price and access to capital.

The details

Royce & Associates, an investment management firm, sold 118,282 shares of HBT Financial in Q3 2025, reducing its total holdings to 288,140 shares. This represented a 29.1% decrease in the firm's position. At the end of the quarter, Royce & Associates owned 0.92% of HBT Financial's outstanding shares, which were valued at $7.26 million.

  • Royce & Associates trimmed its HBT Financial holdings in Q3 2025.

The players

Royce & Associates LP

An investment management firm that previously held a significant stake in HBT Financial.

HBT Financial, Inc.

A community-focused bank serving customers in the southeastern United States.

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The takeaway

The reduction in Royce & Associates' HBT Financial holdings could signal a shift in investor sentiment towards the regional bank, though the overall impact remains to be seen. HBT Financial will need to continue executing its strategy and maintaining strong financial performance to retain the confidence of major institutional investors.