New Wave Wealth Advisors LLC Makes New Investment in Citizens Financial Group, Inc. $CFG

New Wave Wealth Advisors LLC bought a new position in shares of Citizens Financial Group, Inc. (NYSE:CFG) in the third quarter, according to the company in its most recent filing with the SEC. The fund bought 9,192 shares of the bank’s stock, valued at approximately $489,000.

Other large investors have also modified their holdings of the company. NewEdge Advisors LLC increased its stake in shares of Citizens Financial Group by 2.4% in the first quarter. NewEdge Advisors LLC now owns 11,531 shares of the bank’s stock worth $472,000 after buying an additional 274 shares during the last quarter. Empowered Funds LLC raised its position in shares of Citizens Financial Group by 6.7% during the 1st quarter. Empowered Funds LLC now owns 8,838 shares of the bank’s stock worth $362,000 after purchasing an additional 554 shares during the period. Woodline Partners LP lifted its stake in Citizens Financial Group by 39.5% in the first quarter. Woodline Partners LP now owns 36,932 shares of the bank’s stock valued at $1,513,000 after buying an additional 10,466 shares during the last quarter. Sivia Capital Partners LLC grew its position in Citizens Financial Group by 93.4% in the 2nd quarter. Sivia Capital Partners LLC now owns 9,814 shares of the bank’s stock worth $439,000 after purchasing an additional 4,739 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its position in shares of Citizens Financial Group by 28.6% during the second quarter. Farther Finance Advisors LLC now owns 9,686 shares of the bank’s stock worth $433,000 after buying an additional 2,154 shares during the period. Institutional investors and hedge funds own 94.90% of the company’s stock.

Analyst Upgrades and Downgrades

CFG has been the topic of a number of research reports. The Goldman Sachs Group reissued a “buy” rating and issued a $73.00 price objective on shares of Citizens Financial Group in a research note on Tuesday, January 6th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $80.00 target price on shares of Citizens Financial Group in a research report on Wednesday. Robert W. Baird reissued a “neutral” rating and set a $60.00 target price on shares of Citizens Financial Group in a research report on Thursday, December 11th. Stephens restated an “overweight” rating and issued a $60.00 price objective on shares of Citizens Financial Group in a research note on Thursday, October 16th. Finally, Morgan Stanley lifted their price target on Citizens Financial Group from $71.00 to $73.00 and gave the stock an “overweight” rating in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $65.68.

Citizens Financial Group Trading Up 0.3%

Shares of Citizens Financial Group stock opened at $64.25 on Friday. The firm’s 50 day moving average is $57.60 and its 200 day moving average is $52.94. The firm has a market capitalization of $27.59 billion, a PE ratio of 16.60, a price-to-earnings-growth ratio of 0.55 and a beta of 0.72. The company has a current ratio of 0.85, a quick ratio of 0.84 and a debt-to-equity ratio of 0.44. Citizens Financial Group, Inc. has a 1 year low of $32.60 and a 1 year high of $65.88.

Citizens Financial Group (NYSE:CFG) last announced its earnings results on Wednesday, January 21st. The bank reported $1.13 EPS for the quarter, beating the consensus estimate of $1.11 by $0.02. Citizens Financial Group had a return on equity of 7.89% and a net margin of 15.19%.The business had revenue of $2.16 billion for the quarter, compared to analysts’ expectations of $2.16 billion. During the same period in the prior year, the business posted $0.85 earnings per share. The firm’s revenue was up 8.6% on a year-over-year basis. Equities research analysts forecast that Citizens Financial Group, Inc. will post 3.92 earnings per share for the current fiscal year.

Citizens Financial Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 18th. Stockholders of record on Wednesday, February 4th will be issued a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Wednesday, February 4th. Citizens Financial Group’s dividend payout ratio (DPR) is currently 51.54%.

Trending Headlines about Citizens Financial Group

Here are the key news stories impacting Citizens Financial Group this week:

• Positive Sentiment: Q4 results beat: CFG reported EPS of $1.13 (vs. ~$1.11 consensus) and revenue roughly in line at $2.16B; net income rose ~32% YoY and EPS jumped ~36% YoY — the quarter was driven by higher net interest income and fee growth. Citizens Financial Group, Inc. Reports Fourth Quarter 2025 Net Income
• Positive Sentiment: Profit and momentum headlines: coverage highlights CFG’s profit jump on fee income and notes the stock recently hit an all‑time high as investors price in improving core performance. MSN Profit Jumps / Shares Hit All‑Time High
• Positive Sentiment: Analyst upgrades lift sentiment: Bank of America raised its target to $78 (buy), DA Davidson to $73 (buy) and Keefe, Bruyette & Woods to $70 (outperform) — each implies mid- to high‑teens upside vs. the current price level and signal stronger consensus expectations. Benzinga
• Positive Sentiment: Strategic outlook: a deep‑dive piece cites expansion of the private bank and targeted tech initiatives as drivers of medium‑term growth and efficiency gains, supporting the bullish case. CFG Q4 Deep Dive: Private Bank Expansion and Strategic Tech Initiatives
• Positive Sentiment: Dividend and shareholder return: CFG declared a quarterly dividend of $0.46/share (ex‑div Feb 4; pay Feb 18), implying an annualized yield near 2.8% — supportive for income‑oriented investors.
• Neutral Sentiment: Market write‑ups and transcripts: multiple earnings call transcripts and analyst note roundups (Seeking Alpha, InsiderMonkey, Zacks) are available — useful for digging into management’s commentary on margins, capital and loan activity but contain no obvious surprises beyond the headline beat. Seeking Alpha: Patience Continuing To Pay Off
• Neutral Sentiment: Upcoming investor events: CFG will present at the UBS Financial Services Conference (Feb 10), which could provide additional color on commercial banking trends and capital deployment but is routine. Business Wire: UBS Conference

Citizens Financial Group Profile

Citizens Financial Group, Inc (NYSE: CFG) is a bank holding company that provides a broad range of banking and financial services to individuals, small and middle-market businesses, corporations and institutional clients. Headquartered in Providence, Rhode Island, Citizens conducts its banking operations principally through its primary banking subsidiary, Citizens Bank, and serves customers through a combination of branch locations, ATMs and digital channels. The company is publicly traded and operates under the regulatory framework applicable to U.S.