Capital World Investors Buys 2,871,074 Shares of Citigroup Inc. $C

Capital World Investors grew its stake in Citigroup Inc. (NYSE:C) by 6.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 47,262,626 shares of the company’s stock after purchasing an additional 2,871,074 shares during the period. Capital World Investors’ holdings in Citigroup were worth $4,797,292,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in C. Vanguard Group Inc. increased its position in Citigroup by 0.7% during the 2nd quarter. Vanguard Group Inc. now owns 165,851,890 shares of the company’s stock valued at $14,117,313,000 after purchasing an additional 1,148,451 shares during the period. Geode Capital Management LLC increased its position in Citigroup by 1.0% during the 2nd quarter. Geode Capital Management LLC now owns 42,957,190 shares of the company’s stock valued at $3,645,084,000 after buying an additional 411,894 shares in the last quarter. Fisher Asset Management LLC grew its stake in shares of Citigroup by 2.7% during the third quarter. Fisher Asset Management LLC now owns 33,040,513 shares of the company’s stock worth $3,353,612,000 after acquiring an additional 879,056 shares during the last quarter. Franklin Resources Inc. increased its stake in Citigroup by 2.2% during the 2nd quarter. Franklin Resources Inc. now owns 32,290,532 shares of the company’s stock valued at $2,748,571,000 after purchasing an additional 679,967 shares in the last quarter. Finally, Norges Bank acquired a new stake in shares of Citigroup during the second quarter worth $2,455,929,000. 71.72% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on C shares. TD Cowen restated a “hold” rating on shares of Citigroup in a research note on Wednesday, January 7th. Wells Fargo & Company set a $150.00 target price on Citigroup in a research report on Monday, January 5th. The Goldman Sachs Group raised their target price on shares of Citigroup from $113.00 to $127.00 and gave the stock a “buy” rating in a report on Tuesday, January 6th. Piper Sandler set a $135.00 price objective on Citigroup in a research note on Thursday, January 15th. Finally, Oppenheimer upped their target price on Citigroup from $141.00 to $144.00 and gave the stock an “outperform” rating in a research note on Thursday, January 15th. Fourteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, Citigroup currently has an average rating of “Moderate Buy” and an average price target of $127.25.

Key Headlines Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Zacks upgraded Citigroup to a Buy (Zacks Rank #2), which often triggers short-term inflows and coverage-related buying from retail and quant screens. All You Need to Know About Citigroup (C) Rating Upgrade to Buy
• Positive Sentiment: Unusually large call-option buying was reported (≈93,383 calls, ~25% above average), signalling speculative or hedge-driven bullish positioning that can amplify upside into near-term expiries.
• Positive Sentiment: Citi issued a digitally native structured note on Euroclear’s D‑FMI DLT platform — a visible example of product innovation and growth in the wealth-management and capital-markets business lines. Citi Issues Inaugural Digitally Native Structured Note on Euroclear’s D-FMI DLT Platform
• Positive Sentiment: Reports say Blackstone is working with Citi on a revived sale of ShyaHsin Packaging — indicative of ongoing M&A/advisory mandates that can boost fees and trading flows. Blackstone Is Said to Work With Citi on Revived Sale of ShyaHsin Packaging
• Positive Sentiment: TradeSmith’s health indicator recently included Citigroup among non-tech names in its “Green Zone,” supporting a constructive view on Citigroup’s financial health. 3 Non-Tech Stocks in TradeSmith’s Green Zone for Financial Health (C)
• Neutral Sentiment: Some brokerages collectively rate Citi as a “Moderate Buy” — steady, but not uniformly bullish enough to drive a larger re-rate on its own. Citigroup Inc. (NYSE:C) Given Average Rating of “Moderate Buy” by Brokerages
• Neutral Sentiment: Citi group entities notified Bapcor that holdings fell below the substantial‑holder threshold — a routine ownership update with limited direct impact on Citi’s core business. Citi Group Entities Fall Below Substantial Holder Threshold in Bapcor
• Neutral Sentiment: Wider Middle East conflict is driving higher energy prices and market volatility — a mixed macro backdrop for banks (higher rates can help net interest income, but volatility and recession risk can hurt credit and trading). Asia’s Fuel Crunch Forces Four-Day Weeks and School Closures
• Negative Sentiment: Citi suffered the largest fall among banks in a global gender ranking — a reputational/ESG negative that could affect investor perception and long-term flows from ESG-focused funds. Citi suffers largest fall among banks in global gender ranking
• Negative Sentiment: Industry friction over crypto bank charters — the Bank Policy Institute is weighing legal action against the OCC — underscores regulatory uncertainty that could raise compliance costs or slow industry initiatives, creating a broader headwind for big banks. US banking lobby considers suing OCC over crypto bank charters: Report

Insider Activity at Citigroup

In related news, insider Cantu Ernesto Torres sold 43,173 shares of the company’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $111.09, for a total transaction of $4,796,088.57. Following the completion of the transaction, the insider owned 45,835 shares in the company, valued at $5,091,810.15. This represents a 48.50% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.08% of the stock is owned by corporate insiders.

Citigroup Price Performance

Shares of Citigroup stock opened at $106.62 on Tuesday. The firm has a market cap of $186.52 billion, a PE ratio of 15.30, a P/E/G ratio of 0.68 and a beta of 1.17. The business has a 50-day moving average price of $115.45 and a 200 day moving average price of $106.89. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.63. Citigroup Inc. has a twelve month low of $55.51 and a twelve month high of $125.16.

Citigroup (NYSE:C) last issued its quarterly earnings data on Wednesday, January 14th. The company reported $1.81 EPS for the quarter, beating the consensus estimate of $1.65 by $0.16. The company had revenue of $19.87 billion for the quarter, compared to analyst estimates of $20.99 billion. Citigroup had a return on equity of 8.28% and a net margin of 8.50%.Citigroup’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same period last year, the company earned $1.34 earnings per share. Sell-side analysts predict that Citigroup Inc. will post 7.53 earnings per share for the current fiscal year.

Citigroup Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Monday, February 2nd were paid a dividend of $0.60 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.3%. Citigroup’s payout ratio is currently 34.43%.

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.