Citizens Financial Group, Inc. $CFG Stake Raised by Brown Lisle Cummings Inc.

Brown Lisle Cummings Inc. raised its holdings in Citizens Financial Group, Inc. (NYSE:CFG) by 265.9% during the third quarter, Holdings Channel.com reports. The institutional investor owned 94,865 shares of the bank’s stock after buying an additional 68,940 shares during the quarter. Citizens Financial Group accounts for about 1.4% of Brown Lisle Cummings Inc.’s investment portfolio, making the stock its 17th largest holding. Brown Lisle Cummings Inc.’s holdings in Citizens Financial Group were worth $6,049,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently made changes to their positions in the business. BlackRock Inc. bought a new position in shares of Citizens Financial Group during the second quarter valued at approximately $3,415,046,000. Assenagon Asset Management S.A. lifted its stake 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 acquiring an additional 8,523,938 shares during the period. Dimensional Fund Advisors LP boosted 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 valued at $282,927,000 after acquiring an additional 28,602 shares in the last quarter. Amundi boosted its holdings in Citizens Financial Group by 31.2% in the second quarter. Amundi now owns 3,685,819 shares of the bank’s stock valued at $258,265,000 after acquiring an additional 875,666 shares in the last quarter. Finally, Bank of America Corp DE bought a new stake in Citizens Financial Group in the second quarter valued at $223,386,000. 94.90% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Citizens Financial Group 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 transaction, the chief executive officer owned 1,140,763 shares of the company’s stock, valued at approximately $82,214,789.41. This trade represents a 10.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 0.67% of the company’s stock.

Citizens Financial Group Stock Down 0.1%

Shares of NYSE:CFG opened at $63.39 on Friday. The firm has a market capitalization of $26.70 billion, a P/E ratio of 12.75, a P/E/G ratio of 0.58 and a beta of 0.72. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.85 and a current ratio of 0.86. The stock has a 50 day moving average price of $68.03 and a 200-day moving average price of $67.04. Citizens Financial Group, Inc. has a 52-week low of $48.31 and a 52-week high of $75.33.

Citizens Financial Group (NYSE:CFG) last released its quarterly earnings results on Friday, October 16th. The bank reported $1.41 earnings per share 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 analyst estimates 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 period in the previous year, the company posted $1.05 earnings per share. As a group, equities research analysts anticipate that Citizens Financial Group, Inc. will post 5.29 EPS for the current fiscal year.

More Citizens Financial Group News

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

Analyst Upgrades and Downgrades

Several research analysts have commented on CFG shares. Citigroup upped their price objective on shares of Citizens Financial Group from $78.00 to $84.00 and gave the stock a “buy” rating in a report on Monday, July 20th. Evercore reaffirmed an “outperform” rating and issued a $78.00 target price on shares of Citizens Financial Group in a research report on Thursday, October 1st. Jefferies Financial Group lifted their target price on shares of Citizens Financial Group from $85.00 to $90.00 and gave the company a “buy” rating in a research note on Thursday, July 16th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Citizens Financial Group in a research note on Monday, August 3rd. Finally, Stephens boosted their price target on shares of Citizens Financial Group from $68.00 to $70.00 and gave the company an “equal weight” rating in a research report on Friday, July 17th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Citizens Financial Group has a consensus rating of “Moderate Buy” and an average price target of $79.08.

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.