Valley Wealth Managers Inc. Lowers Position in Citizens Financial Group, Inc. $CFG

Valley Wealth Managers Inc. decreased its holdings in Citizens Financial Group, Inc. (NYSE:CFG) by 3.9% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 472,584 shares of the bank’s stock after selling 18,999 shares during the quarter. Citizens Financial Group accounts for about 1.8% of Valley Wealth Managers Inc.’s portfolio, making the stock its 10th largest holding. Valley Wealth Managers Inc.’s holdings in Citizens Financial Group were worth $28,341,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC grew its position in Citizens Financial Group by 5.3% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 504,595 shares of the bank’s stock worth $29,968,000 after buying an additional 25,180 shares in the last quarter. Dynamic Advisor Solutions LLC acquired a new position in Citizens Financial Group in the 4th quarter valued at $2,412,000. Geode Capital Management LLC raised its holdings in Citizens Financial Group by 0.3% in the 4th quarter. Geode Capital Management LLC now owns 11,361,142 shares of the bank’s stock valued at $661,052,000 after acquiring an additional 32,264 shares in the last quarter. Jupiter Asset Management Ltd. lifted its position in shares of Citizens Financial Group by 45.9% during the 4th quarter. Jupiter Asset Management Ltd. now owns 270,484 shares of the bank’s stock valued at $15,799,000 after acquiring an additional 85,052 shares during the period. Finally, Todd Asset Management LLC lifted its position in shares of Citizens Financial Group by 10.6% during the 4th quarter. Todd Asset Management LLC now owns 991,510 shares of the bank’s stock valued at $57,914,000 after acquiring an additional 94,774 shares during the period. Institutional investors own 94.90% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. JPMorgan Chase & Co. raised their price target on Citizens Financial Group from $68.50 to $76.00 and gave the stock an “overweight” rating in a research report on Monday, July 6th. Morgan Stanley upped their price objective on shares of Citizens Financial Group from $73.00 to $79.00 and gave the stock an “overweight” rating in a research report on Monday, June 29th. Robert W. Baird increased their price objective on shares of Citizens Financial Group from $72.00 to $75.00 and gave the stock a “neutral” rating in a research note on Friday. Evercore reiterated an “outperform” rating and set a $80.00 price objective on shares of Citizens Financial Group in a research note on Monday, July 6th. Finally, DA Davidson raised their target price on shares of Citizens Financial Group from $80.00 to $85.00 and gave the company a “buy” rating in a report on Friday. Sixteen analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, Citizens Financial Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $77.85.

Citizens Financial Group Trading Down 2.8%

Shares of CFG stock opened at $72.34 on Friday. The stock’s fifty day moving average price is $66.42 and its two-hundred day moving average price is $63.59. The company has a market cap of $30.59 billion, a PE ratio of 15.69, a P/E/G ratio of 0.60 and a beta of 0.67. Citizens Financial Group, Inc. has a fifty-two week low of $45.90 and a fifty-two week high of $74.70. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.84 and a current ratio of 0.86.

Citizens Financial Group (NYSE:CFG) last posted its quarterly earnings results on Thursday, July 16th. The bank reported $1.30 EPS for the quarter, topping analysts’ consensus estimates of $1.25 by $0.05. Citizens Financial Group had a return on equity of 8.85% and a net margin of 17.18%.The company had revenue of $2.28 billion during the quarter, compared to analysts’ expectations of $2.25 billion. During the same quarter in the previous year, the firm earned $0.92 EPS. Citizens Financial Group’s revenue was up 12.1% on a year-over-year basis. Equities analysts predict that Citizens Financial Group, Inc. will post 5.25 EPS for the current fiscal year.

Citizens Financial Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 13th. Investors of record on Thursday, July 30th will be paid a $0.46 dividend. The ex-dividend date of this dividend is Thursday, July 30th. This represents a $1.84 annualized dividend and a yield of 2.5%. Citizens Financial Group’s dividend payout ratio (DPR) is 39.91%.

More Citizens Financial Group News

Here are the key news stories impacting Citizens Financial Group this week:

• Positive Sentiment: Citizens Financial reported better-than-expected Q2 2026 results, with EPS of $1.30 versus $1.25 expected and revenue of $2.28 billion versus $2.25 billion expected, driven by stronger net interest income and fee growth. Reuters article
• Positive Sentiment: The company said net income rose 35% year over year to $587 million and EPS increased 41% year over year, reinforcing momentum in profitability. Business Wire article
• Positive Sentiment: Several analysts raised price targets after the earnings release, including Keefe, Bruyette & Woods to $90, RBC to $79, Barclays to $81, and Baird to $75, signaling improving Wall Street sentiment. Benzinga article
• Positive Sentiment: Analysts also highlighted a raised net interest margin outlook and solid private bank growth, which may support expectations for continued earnings strength. Read More.
• Positive Sentiment: The company declared a quarterly dividend of $0.46 per share, underscoring capital return to shareholders.

Insider Transactions at Citizens Financial Group

In other Citizens Financial Group news, insider Michelle Moosally sold 6,050 shares of Citizens Financial Group stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $62.16, for a total value of $376,068.00. Following the transaction, the insider owned 22,565 shares in the company, valued at $1,402,640.40. The trade was a 21.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.67% of the stock is currently owned by corporate insiders.

About Citizens Financial Group

Citizens Financial Group, Inc (NYSE: CFG) is a bank holding company that provides a broad range of banking and financial services to individuals, small and middle-market businesses, corporations and institutional clients. Headquartered in Providence, Rhode Island, Citizens conducts its banking operations principally through its primary banking subsidiary, Citizens Bank, and serves customers through a combination of branch locations, ATMs and digital channels. The company is publicly traded and operates under the regulatory framework applicable to U.S.