Citigroup Inc. $C Shares Sold by Bessemer Group Inc.

Bessemer Group Inc. trimmed its stake in shares of Citigroup Inc. (NYSE:C) by 11.2% during the 1st quarter, HoldingsChannel.com reports. The firm owned 2,450,274 shares of the company’s stock after selling 309,997 shares during the quarter. Bessemer Group Inc.’s holdings in Citigroup were worth $277,888,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. increased its stake in shares of Citigroup by 3.1% during the fourth quarter. Vanguard Group Inc. now owns 163,239,926 shares of the company’s stock worth $19,048,467,000 after purchasing an additional 4,938,923 shares in the last quarter. Geode Capital Management LLC lifted its stake in Citigroup by 0.4% in the 4th quarter. Geode Capital Management LLC now owns 43,252,372 shares of the company’s stock valued at $5,036,712,000 after buying an additional 189,548 shares in the last quarter. Franklin Resources Inc. boosted its holdings in Citigroup by 4.0% in the 4th quarter. Franklin Resources Inc. now owns 34,196,783 shares of the company’s stock worth $3,990,422,000 after buying an additional 1,326,224 shares during the last quarter. Fisher Asset Management LLC boosted its holdings in Citigroup by 2.6% in the 4th quarter. Fisher Asset Management LLC now owns 33,887,285 shares of the company’s stock worth $3,954,307,000 after buying an additional 846,772 shares during the last quarter. Finally, Norges Bank purchased a new stake in Citigroup during the 4th quarter worth approximately $2,800,944,000. Institutional investors and hedge funds own 71.72% of the company’s stock.

Insider Activity at Citigroup

In other news, Director John Cunningham Dugan sold 2,117 shares of Citigroup stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $125.30, for a total transaction of $265,260.10. Following the sale, the director owned 12,194 shares of the company’s stock, valued at approximately $1,527,908.20. The trade was a 14.79% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.11% of the company’s stock.

Citigroup Price Performance

Citigroup stock opened at $131.61 on Friday. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 1.71. The company has a 50-day moving average price of $134.26 and a 200 day moving average price of $123.28. Citigroup Inc. has a 12-month low of $87.94 and a 12-month high of $147.96. The stock has a market cap of $224.47 billion, a P/E ratio of 14.21, a PEG ratio of 0.62 and a beta of 1.11.

Citigroup (NYSE:C) last posted its earnings results on Tuesday, July 14th. The company reported $3.15 earnings per share for the quarter, beating the consensus estimate of $2.74 by $0.41. Citigroup had a net margin of 10.23% and a return on equity of 10.15%. The company had revenue of $24.75 billion for the quarter, compared to analyst estimates of $23.74 billion. During the same period in the previous year, the business posted $1.96 EPS. Citigroup’s revenue was up 14.5% on a year-over-year basis. Sell-side analysts anticipate that Citigroup Inc. will post 11.13 earnings per share for the current year.

Citigroup announced that its board has initiated a stock repurchase program on Thursday, May 7th that allows the company to buyback $30.00 billion in shares. This buyback authorization allows the company to buy up to 13.7% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. Argus set a $150.00 target price on Citigroup in a report on Wednesday. UBS Group lifted their price target on Citigroup from $134.00 to $150.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 7th. Weiss Ratings reiterated a “buy (b)” rating on shares of Citigroup in a research report on Monday, April 20th. Wall Street Zen raised Citigroup from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Finally, Wells Fargo & Company raised their price objective on Citigroup from $162.00 to $165.00 and gave the company an “overweight” rating in a report on Thursday, June 18th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $145.67.

Key Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citigroup posted a standout Q2, with revenue reaching a decade-high $24.75 billion and EPS of $3.15, both above expectations; the company also showed broad strength across trading and investment banking. Citigroup Inc (C) Q2 2026 Earnings Call Highlights: Record Revenue and Strategic Investments …
• Positive Sentiment: Analysts highlighted Citigroup as one of the early Q2 earnings winners, and both RBC and Truist reaffirmed bullish ratings, underscoring confidence in Citi’s momentum and restructuring progress. Q2 Earnings: 2 Winners and 1 Loser So Far
• Positive Sentiment: Citigroup announced the full redemption of $1.5 billion of Series T preferred stock, a capital-management move that may be viewed favorably by investors if it simplifies the balance sheet and reduces preferred obligations. Citigroup Announces Full Redemption of Series T Preferred Stock
• Neutral Sentiment: Citigroup’s Indian clients are increasingly hedging against rupee volatility, a reminder that Citi’s global markets franchise remains active but not necessarily a near-term earnings catalyst. Citigroup’s Indian Clients Shift Focus to Rupee Volatility
• Negative Sentiment: Despite the earnings beat, shares have weakened because investors are worried that higher expenses and ongoing investment spending could limit second-half profitability. US Stock Market: Citigroup shares slide after upbeat results fail to ease worries over higher costs

Citigroup Company Profile

Citigroup Inc is a global financial services company headquartered in New York City with roots tracing back to the City Bank of New York, founded in 1812. The modern Citigroup was created through the 1998 merger of Citicorp and Travelers Group and has since operated as a diversified bank holding company that provides a broad range of banking and financial products and services to consumers, corporations, governments and institutions worldwide.

Citi’s principal businesses include retail and commercial banking, credit card and consumer lending products, wealth management and private banking, and a full suite of institutional services.