Core Insights - Teacher Retirement System of Texas reduced its stake in Community Financial System by 8.3%, holding 24,291 shares valued at $1,381,000 at the end of the reporting period [2] - Several institutional investors adjusted their positions, with Federated Hermes increasing its stake by 0.4%, Goldman Sachs by 7.9%, and Invesco by 80.2% [3] - Community Financial System reported a quarterly EPS of $1.04, exceeding estimates, with a revenue of $207.90 million, reflecting a year-over-year increase of 9.6% [8] Institutional Holdings - Institutional investors own 73.79% of Community Financial System's stock [3] - Waldron Private Wealth LLC increased its stake by 1.6% in the second quarter, now holding 216,121 shares valued at $12,390,000 [3] - Principal Financial Group Inc. grew its holdings by 2.9%, owning 262,245 shares worth $14,911,000 [3] Insider Transactions - SVP Jeffrey M. Levy sold 1,440 shares at an average price of $61.38, totaling $88,387.20, representing a 17.78% decrease in his position [4] Analyst Ratings - Wall Street Zen upgraded Community Financial System from "sell" to "hold" [6] - Keefe, Bruyette & Woods set a target price of $66.00, down from $67.00, maintaining a "market perform" rating [6] - The consensus rating for the stock is "Hold" with a target price of $68.00 [6] Stock Performance - Community Financial System shares opened at $56.78, with a 1-year low of $49.44 and a high of $73.39 [7] - The company has a market cap of $3.00 billion, a P/E ratio of 14.64, and a beta of 0.79 [7] Financial Results - The bank's net margin was 20.72% and return on equity was 11.09% [8] - Analysts expect the company to post an EPS of 4.18 for the current fiscal year [8] Dividend Announcement - A quarterly dividend of $0.47 per share was declared, representing an annualized yield of 3.3% [9] - The dividend payout ratio is 48.45% [9]