Citizens Financial Group, Inc. $CFG Shares Bought by NFSG Corp

NFSG Corp grew its position in Citizens Financial Group, Inc. (NYSE:CFG) by 1,894.0% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 11,386 shares of the bank’s stock after purchasing an additional 10,815 shares during the period. NFSG Corp’s holdings in Citizens Financial Group were worth $726,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Bank of America Corp DE purchased a new stake in shares of Citizens Financial Group in the second quarter valued at $223,386,000. Freestone Grove Partners LP acquired a new stake in shares of Citizens Financial Group in the second quarter worth $95,642,000. Tidal Investments LLC grew its holdings in shares of Citizens Financial Group by 12.4% during the second quarter. Tidal Investments LLC now owns 145,378 shares of the bank’s stock valued at $10,187,000 after buying an additional 16,000 shares in the last quarter. Junto Capital Management LP grew its holdings in shares of Citizens Financial Group by 3.3% during the second quarter. Junto Capital Management LP now owns 1,307,340 shares of the bank’s stock valued at $91,605,000 after buying an additional 42,248 shares in the last quarter. Finally, Andra AP fonden grew its holdings in shares of Citizens Financial Group by 94.7% during the second quarter. Andra AP fonden now owns 269,900 shares of the bank’s stock valued at $18,912,000 after buying an additional 131,300 shares in the last quarter. 94.90% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Citizens Financial Group

In other news, CEO Bruce Van Saun sold 129,369 shares of the business’s stock in a transaction that occurred 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 sale, the chief executive officer directly owned 1,140,763 shares in the company, valued at approximately $82,214,789.41. The trade was a 10.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.67% of the company’s stock.

Citizens Financial Group Stock Down 0.1%

Shares of NYSE:CFG traded down $0.04 during trading on Friday, reaching $63.39. 9,449,449 shares of the company traded hands, compared to its average volume of 4,404,958. The firm has a fifty day simple moving average of $68.03 and a 200 day simple moving average of $67.04. The company has a quick ratio of 0.85, a current ratio of 0.86 and a debt-to-equity ratio of 0.63. Citizens Financial Group, Inc. has a 1-year low of $48.31 and a 1-year high of $75.33. The firm has a market cap 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 (NYSE:CFG) last issued its earnings results on Friday, October 16th. The bank reported $1.41 earnings per share for the quarter, topping 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 prior year, the firm posted $1.05 EPS. Analysts anticipate that Citizens Financial Group, Inc. will post 5.29 earnings per share 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

Analysts Set New Price Targets

Several research firms recently weighed in on CFG. Stephens upped their price target on 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. Evercore restated an “outperform” rating and set a $78.00 price objective on shares of Citizens Financial Group in a research report on Thursday, October 1st. Royal Bank Of Canada lifted their target price on Citizens Financial Group from $70.00 to $79.00 and gave the company an “outperform” rating in a research note on Friday, July 17th. Morgan Stanley lowered their target price on Citizens Financial Group from $90.00 to $89.00 and set an “overweight” rating on the stock in a research note on Monday, September 28th. Finally, Robert W. Baird upped their target price on Citizens Financial Group from $72.00 to $75.00 and gave the company a “neutral” rating in a report on Friday, July 17th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average 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.