Citizens Financial Group, Inc. $CFG Stock Position Increased by NFSG Corp

NFSG Corp raised its holdings in shares of Citizens Financial Group, Inc. (NYSE:CFG) by 1,894.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,386 shares of the bank’s stock after acquiring an additional 10,815 shares during the period. NFSG Corp’s holdings in Citizens Financial Group were worth $726,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in CFG. BlackRock Inc. acquired a new position in shares of Citizens Financial Group during the second quarter valued at $3,415,046,000. Assenagon Asset Management S.A. lifted its holdings in Citizens Financial Group by 1,252.4% in the third quarter. Assenagon Asset Management S.A. now owns 9,204,563 shares of the bank’s stock worth $586,883,000 after purchasing an additional 8,523,938 shares during the period. Dimensional Fund Advisors LP lifted its holdings in Citizens Financial Group by 0.6% in the first quarter. Dimensional Fund Advisors LP now owns 4,719,160 shares of the bank’s stock worth $282,927,000 after purchasing an additional 28,602 shares during the period. Amundi grew its position in Citizens Financial Group by 31.2% in the 2nd quarter. Amundi now owns 3,685,819 shares of the bank’s stock valued at $258,265,000 after buying an additional 875,666 shares in the last quarter. Finally, Bank of America Corp DE bought a new position in Citizens Financial Group in the 2nd quarter valued at about $223,386,000. Institutional investors and hedge funds own 94.90% of the company’s stock.

Insider Buying and Selling at Citizens Financial Group

In other news, CEO Bruce Van Saun sold 129,369 shares of the firm’s stock in a transaction on Friday, July 24th. The stock was sold at an average price of $72.07, for a total transaction of $9,323,623.83. Following the completion of the sale, the chief executive officer directly owned 1,140,763 shares of the company’s stock, valued at $82,214,789.41. This trade represents a 10.19% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.67% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts have commented on CFG shares. Truist Financial lowered their target price on shares of Citizens Financial Group from $80.00 to $77.00 and set a “hold” rating on the stock in a research note on Wednesday, September 23rd. UBS Group reduced their price target on shares of Citizens Financial Group from $82.00 to $77.00 and set a “buy” rating for the company in a research note on Monday, October 5th. JPMorgan Chase & Co. decreased their price objective on shares of Citizens Financial Group from $78.00 to $72.50 and set an “overweight” rating for the company in a report on Friday, October 2nd. TD Cowen began coverage on shares of Citizens Financial Group in a research note on Thursday, October 8th. They set a “buy” rating and a $75.00 price objective on the stock. Finally, Robert W. Baird boosted their target price on Citizens Financial Group from $72.00 to $75.00 and gave the stock a “neutral” rating in a report on Friday, July 17th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $79.08.

Citizens Financial Group Price Performance

NYSE:CFG traded down $0.04 during trading hours on Friday, reaching $63.39. 9,449,449 shares of the company’s stock were exchanged, compared to its average volume of 4,404,958. The company has a quick ratio of 0.85, a current ratio of 0.86 and a debt-to-equity ratio of 0.63. The company has a market capitalization of $26.70 billion, a P/E ratio of 13.75, a price-to-earnings-growth ratio of 0.58 and a beta of 0.72. Citizens Financial Group, Inc. has a 12 month low of $48.31 and a 12 month high of $75.33. The business’s 50-day simple moving average is $68.03 and its two-hundred day simple moving average is $67.04.

Citizens Financial Group (NYSE:CFG) last posted its quarterly earnings results on Friday, October 16th. The bank reported $1.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.39 by $0.02. The company had revenue of $2.32 billion for the quarter, compared to analysts’ expectations of $2.34 billion. Citizens Financial Group had a return on equity of 8.85% and a net margin of 17.18%. During the same quarter in the prior year, the company earned $1.05 earnings per share. Sell-side analysts expect that Citizens Financial Group, Inc. will post 5.29 EPS for the current fiscal year.

Key Stories Impacting Citizens Financial Group

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

• Positive Sentiment: Third-quarter net income rose 29% year over year to $636 million, while EPS increased 34% year over year and 8% sequentially to $1.41. The result exceeded consensus estimates of $1.39 and was well above the $1.05 reported in the prior-year quarter. Citizens Financial Group Reports Third Quarter 2026 Results
• Positive Sentiment: Higher net interest income supported the earnings beat, and management highlighted improved credit quality. These trends suggest better core banking profitability and reduced near-term credit-loss pressure. CFG Stock Up as Q3 Earnings Top Estimates
• Positive Sentiment: Citizens increased its dividend by 13%, improving the stock’s income appeal and signaling confidence in capital generation and future earnings. CFG Stock Up as Q3 Earnings Top Estimates, Dividend Hiked
• Neutral Sentiment: The earnings call and company release provide additional detail on quarterly performance and management’s outlook, but investors are balancing strong profitability against uneven revenue trends. Citizens Financial Group Q3 2026 Earnings Call Transcript
• Negative Sentiment: Revenue missed expectations, primarily because capital-markets fees declined. The shortfall helps explain why the market response was less favorable than the EPS beat alone might suggest. Citizens Financial Q3 Earnings Beat, Revenue Misses
• Negative Sentiment: Cantor Fitzgerald issued a pessimistic forecast for CFG, adding an additional source of downside pressure despite the quarterly earnings beat. Cantor Fitzgerald Issues Pessimistic Forecast

About Citizens Financial Group

Citizens Financial Group, Inc is a bank holding company headquartered in Providence, Rhode Island. Its principal subsidiary, Citizens Bank, provides banking and financial services to individuals, families, businesses and institutions through branches, digital channels and other delivery platforms.

The company’s consumer banking activities include checking and savings accounts, residential mortgages, home equity lending, credit cards, personal loans and other lending products. Through its commercial banking operations, Citizens provides business loans, commercial real estate financing, treasury management, capital markets services and other solutions for companies and institutional clients.