Vanguard Group Inc. Trims Stock Position in Cullen/Frost Bankers, Inc. $CFR

Vanguard Group Inc. decreased its position in shares of Cullen/Frost Bankers, Inc. (NYSE:CFR) by 0.6% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 6,490,753 shares of the bank’s stock after selling 40,262 shares during the quarter. Vanguard Group Inc. owned approximately 10.15% of Cullen/Frost Bankers worth $822,833,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. AlphaQuest LLC boosted its position in shares of Cullen/Frost Bankers by 8.0% in the 2nd quarter. AlphaQuest LLC now owns 1,082 shares of the bank’s stock valued at $139,000 after purchasing an additional 80 shares during the period. Wedmont Private Capital boosted its holdings in shares of Cullen/Frost Bankers by 6.2% in the third quarter. Wedmont Private Capital now owns 1,687 shares of the bank’s stock valued at $215,000 after acquiring an additional 99 shares during the period. State of Michigan Retirement System boosted its holdings in shares of Cullen/Frost Bankers by 0.7% in the second quarter. State of Michigan Retirement System now owns 15,464 shares of the bank’s stock valued at $1,988,000 after acquiring an additional 100 shares during the period. Geneos Wealth Management Inc. grew its position in shares of Cullen/Frost Bankers by 40.8% during the first quarter. Geneos Wealth Management Inc. now owns 366 shares of the bank’s stock worth $46,000 after acquiring an additional 106 shares during the last quarter. Finally, GAMMA Investing LLC increased its holdings in shares of Cullen/Frost Bankers by 1.4% in the 3rd quarter. GAMMA Investing LLC now owns 8,049 shares of the bank’s stock valued at $1,020,000 after acquiring an additional 113 shares during the period. Institutional investors and hedge funds own 86.90% of the company’s stock.

Analysts Set New Price Targets

CFR has been the subject of a number of recent research reports. DA Davidson increased their price target on shares of Cullen/Frost Bankers from $136.00 to $144.00 and gave the stock a “neutral” rating in a research note on Friday, January 30th. TD Cowen reiterated a “positive” rating on shares of Cullen/Frost Bankers in a research note on Monday, February 2nd. Barclays raised their price target on Cullen/Frost Bankers from $140.00 to $150.00 and gave the stock an “equal weight” rating in a report on Friday, January 30th. Royal Bank Of Canada upped their price objective on Cullen/Frost Bankers from $144.00 to $150.00 and gave the company a “sector perform” rating in a research note on Friday, January 30th. Finally, Citigroup increased their price objective on Cullen/Frost Bankers from $114.00 to $125.00 and gave the stock a “sell” rating in a research report on Monday, February 2nd. Three analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $140.92.

Cullen/Frost Bankers Stock Performance

NYSE CFR opened at $145.54 on Monday. The stock has a market capitalization of $9.20 billion, a price-to-earnings ratio of 14.67, a PEG ratio of 5.34 and a beta of 0.64. The business’s 50 day moving average is $136.70 and its two-hundred day moving average is $129.64. Cullen/Frost Bankers, Inc. has a 12-month low of $100.31 and a 12-month high of $148.97. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.05.

Cullen/Frost Bankers (NYSE:CFR) last posted its quarterly earnings results on Thursday, January 29th. The bank reported $2.56 EPS for the quarter, beating the consensus estimate of $2.47 by $0.09. Cullen/Frost Bankers had a return on equity of 15.49% and a net margin of 22.21%.The business had revenue of $562.58 million during the quarter, compared to analysts’ expectations of $578.05 million. During the same period last year, the firm earned $2.36 EPS. Research analysts expect that Cullen/Frost Bankers, Inc. will post 8.85 EPS for the current year.

Cullen/Frost Bankers Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 27th will be given a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Friday, February 27th. Cullen/Frost Bankers’s payout ratio is presently 40.32%.

Cullen/Frost Bankers News Summary

Here are the key news stories impacting Cullen/Frost Bankers this week:

• Positive Sentiment: Zacks lifted its FY2026 estimate to $9.83 (from $9.68), raised FY2027 to $10.16 (from $9.72) and set FY2028 at $11.09 — sizable multi-year upward revisions that can support a higher valuation for CFR. Zacks estimate updates
• Positive Sentiment: Zacks also bumped several quarterly EPS forecasts across 2026–2027 (examples: Q1–Q4 2026 raised to ~$2.38–$2.59 range; Q2–Q4 2027 and Q3 2027 notably higher). These recurring quarter upgrades suggest the firm expects continued earnings momentum. Zacks quarterly detail
• Neutral Sentiment: Consensus and valuation context: consensus full‑year EPS on some services still sits near $8.85, so Zacks is noticeably more bullish; CFR trades at a mid‑teens P/E (~14.7) with a low debt/equity profile, meaning earnings upgrades can be meaningful for price if validated. Company snapshot
• Negative Sentiment: Recall the last quarter: CFR beat EPS estimates but reported revenue slightly below expectations — a reminder that top‑line growth and margin drivers still matter; future beats will be needed to sustain multiple expansion. Recent earnings

Insider Buying and Selling at Cullen/Frost Bankers

In related news, EVP Coolidge E. Rhodes, Jr. sold 700 shares of the business’s stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $127.00, for a total transaction of $88,900.00. Following the sale, the executive vice president owned 3,795 shares of the company’s stock, valued at approximately $481,965. The trade was a 15.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Bobby Berman sold 1,000 shares of the company’s stock in a transaction dated Friday, January 30th. The stock was sold at an average price of $137.07, for a total transaction of $137,070.00. Following the transaction, the executive vice president owned 28,406 shares in the company, valued at $3,893,610.42. The trade was a 3.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,700 shares of company stock worth $225,970 over the last 90 days. Insiders own 1.20% of the company’s stock.

Cullen/Frost Bankers Company Profile

Cullen/Frost Bankers, Inc is the holding company for Frost Bank, a Texas-chartered financial institution whose origins date back to 1868 in San Antonio. As one of the oldest banking organizations in the state, it offers a broad range of services to individuals, small and large businesses, and institutional clients. Core banking activities include commercial lending, deposit services, cash management and trade finance, while consumer products cover residential mortgages, personal lines of credit and home equity loans.

Beyond traditional banking, the company provides comprehensive treasury and equipment leasing solutions tailored to support working capital and capital expenditure requirements.