Stronghold Wealth Management L.L.C. Acquires New Position in Citizens Financial Group, Inc. $CFG

Stronghold Wealth Management L.L.C. acquired a new position in Citizens Financial Group, Inc. (NYSE:CFG) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 10,589 shares of the bank’s stock, valued at approximately $675,000. Citizens Financial Group makes up about 1.0% of Stronghold Wealth Management L.L.C.’s investment portfolio, making the stock its 24th biggest holding.

Several other institutional investors also recently bought and sold shares of CFG. Bank of America Corp DE bought a new position in shares of Citizens Financial Group during the 2nd quarter worth $223,386,000. Freestone Grove Partners LP purchased a new position in shares of Citizens Financial Group during the second quarter valued at $95,642,000. Tidal Investments LLC raised its holdings in shares of Citizens Financial Group by 12.4% in the second quarter. Tidal Investments LLC now owns 145,378 shares of the bank’s stock valued at $10,187,000 after acquiring an additional 16,000 shares in the last quarter. Junto Capital Management LP raised its holdings in shares of Citizens Financial Group by 3.3% in the second quarter. Junto Capital Management LP now owns 1,307,340 shares of the bank’s stock valued at $91,605,000 after acquiring an additional 42,248 shares in the last quarter. Finally, Andra AP fonden raised its holdings in shares of Citizens Financial Group by 94.7% in the second quarter. Andra AP fonden now owns 269,900 shares of the bank’s stock valued at $18,912,000 after acquiring an additional 131,300 shares in the last quarter. 94.90% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

CFG has been the subject of a number of research reports. Truist Financial lowered their price objective on shares of Citizens Financial Group from $80.00 to $77.00 and set a “hold” rating for the company in a research note on Wednesday, September 23rd. Stephens raised their target price 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. JPMorgan Chase & Co. cut their target price on shares of Citizens Financial Group from $78.00 to $72.50 and set an “overweight” rating on the stock in a research report on Friday, October 2nd. Keefe, Bruyette & Woods boosted their price target on shares of Citizens Financial Group from $75.00 to $90.00 and gave the company an “outperform” rating in a report on Friday, July 17th. Finally, Citigroup upped their price target on shares of Citizens Financial Group from $78.00 to $84.00 and gave the stock a “buy” rating in a research report on Monday, July 20th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $79.08.

Citizens Financial Group News Summary

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

Insiders Place Their Bets

In related news, CEO Bruce Van Saun sold 129,369 shares of the firm’s stock in a transaction dated 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 sale, the chief executive officer 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.67% of the stock is currently owned by insiders.

Citizens Financial Group Stock Down 0.1%

NYSE CFG traded down $0.04 during midday trading on Friday, hitting $63.39. 9,449,449 shares of the company traded hands, compared to its average volume of 4,404,958. Citizens Financial Group, Inc. has a 52 week low of $48.31 and a 52 week high of $75.33. The company’s 50-day simple moving average is $68.03 and its 200-day simple moving average is $67.04. The company has a market cap of $26.70 billion, a PE ratio of 13.75, a price-to-earnings-growth ratio of 0.58 and a beta of 0.72. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.86 and a quick ratio of 0.85.

Citizens Financial Group (NYSE:CFG) last released its quarterly earnings results on Friday, October 16th. The bank reported $1.41 EPS for the quarter, topping the consensus estimate of $1.39 by $0.02. The firm had revenue of $2.32 billion during 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 EPS. As a group, equities research analysts forecast that Citizens Financial Group, Inc. will post 5.29 earnings per share for the current year.

Citizens Financial Group Profile

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.