HFWA

HERITAGE FINANCIAL CORP

Nasdaq· Savings Institutions, Not Federally Chartered· Inc. WA· CIK 0001046025 Traditional Finance

$29.20 +0.05 (+0.17%)

Oct 26 4:00 PM ET · prev $29.15

Market cap

$1.2B

Small cap

Consensus

Buy

67% Buy or better · 12 analysts

Median target

$32.00

+10% · range $31.00–34.00

1 year

+26.4%

from $23.11 · Oct 27

30 days

+3.7%

from $28.16

52-week range

$21.47–31.25

−7% from high · low Nov 17

Avg volume 20D

314.0K

shares / day

Short interest

3.17M

≈7.8% of shares · +4.7%

Days to cover

7.4

at average volume

Insider net

−$1.3M

0 buyers · 8 sellers · since Mar 16

New fund stakes

Q2 2026 13F · 0 exits

Filing reports

analyzed by SecBot

SecBot read MIXED 4 reports · 90 days

Balance 0 bearish · 0 bullish · 1 mixed · 3 neutral oldest → newest, height = score

Avg score

·High conf. 3/4

Strongest MIXED Heritage Financial reported Q3 2026 adjusted diluted EPS of $0.55, missing the consensus estimate of $0.57…

All reports →

Price

Daily candles with volume. Pins mark insider trades, rating changes, 13F stakes, reports, catalysts and short-interest jumps.

R Mar 23 Heritage Financial Corporation disclosed a cybersecurity incident on…
S May 1 1 insider sell $150.1K at $27.60
S Jun 9 1 insider sell $109.0K at $28.37
S Jul 30 to Aug 5 2 days of insider sells: $508.9K by 3 insiders, avg $29.92
S Aug 13 1 insider sell $111.1K at $30.10
S Sep 3 1 insider sell $399.1K at $29.18
S Sep 15 1 insider sell $37.1K at $28.57
E Oct 22 Earnings: HFWA Q3 2026 Earnings: EPS $0.55 (+6.8% vs est)

Signal stack

Where each data set points today.

InsidersBEARISH

8 insiders sold $1.3M.
InstitutionsBULLISH

Q2 2026: 19 added (0 new), 10 trimmed or exited.
AnalystsBULLISH

8 of 12 rate it Buy or better. Every target is above the price.
EstimatesFALLING

Current-quarter EPS estimate $0.658 → $0.630 over 90 days. 1 up, 5 down in 30 days.
Short sellersSTEADY

Short interest +4.7% to 3.17M shares. 7.4 days to cover, ≈7.8% of shares.
TrendRANGE

3% above its 50-day average.

Who's buying

13F· Q2 2026

new positions

exits

Fund	Move	Shares	Value
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	TRIM	298,120	$8.8M
JPMORGAN CHASE & CO	DOUBLED	245,754	$7.2M
Russell Investments Group, Ltd.	TRIM	147,072	$4.4M
RENAISSANCE TECHNOLOGIES LLC	TRIM	132,441	$3.9M
Quantinno Capital Management LP	ADD	103,682	$3.1M
Connor, Clark & Lunn Investment Management Ltd.	ADD	85,784	$2.5M
PRICE T ROWE ASSOCIATES INC /MD/	ADD	68,768	$2.0M
ROYCE & ASSOCIATES LP	TRIM	55,358	$1.6M

Quarterly 13F filings are due 45 days after each quarter ends.

The Street

12 analysts

Buy 67% rate it Buy or better

Strong Buy2Buy6Hold4Sell0Strong Sell0

12-month targets · 5 analysts

$29.20 $31.00 $32.00 $34.00

Price is below the lowest target. Median implies +10%.Targets as of Oct 26, 2026.

Recent actions

Date	Firm	Action	Rating
Jul 28, 2026	Stephens & Co. MAINTAIN	MAINTAIN	Equal-Weight
Jul 27, 2026	Keefe, Bruyette & Woods MAINTAIN	MAINTAIN	Market Perform
Jul 24, 2026	DA Davidson MAINTAIN	MAINTAIN	Buy

Insider ledger

Form 4

bought · 0 insiders

$1.3M

sold · 8 insiders

Date	Insider	Type	Value
Sep 15, 2026	Rivera Frederick B Director	SELL	$37.1K
Sep 3, 2026	CHARNESKI BRIAN Director	SELL	$399.1K
Aug 13, 2026	Ray Matthew T. EVP Chief Lending Officer	SELL	$111.1K
Aug 5, 2026	LYON JEFFREY S Director	SELL	$300.0K
Aug 5, 2026	Chalfant Tony EVP Chief Credit Officer	SELL	$96.8K
Jul 30, 2026	Wilson Kelli Ann EVP Chief Banking Officer	SELL	$112.2K
Jul 17, 2026	Glasby William EVP Chief Information Officer	EXERCISE	$8.1K
Jul 17, 2026	Glasby William EVP Chief Information Officer	EXERCISE	$8.1K

Earnings setup

Estimates

$0.63

EPS estimate, this quarter

−4%

estimate change, 90 days

1↑ 5↓

revisions, 30 days

Current-quarter EPS estimate

$0.658

90d

$0.618

60d

$0.617

30d

$0.617

$0.630

Now

Period	EPS est.	Range	30D rev.	Revenue
Current Q	$0.63	$0.61–$0.65	+2.2%	$87.8M
Next Q	$0.60	$0.57–$0.64	-0.8%	$87.3M
Current FY	🔒 Fresh data, subscribers only
Next FY	$2.63	$2.43–$2.74	+0.1%	$362.3M