Romano Brothers AND Company Has $5.66 Million Holdings in Citigroup Inc. $C

Romano Brothers AND Company grew its holdings in Citigroup Inc. (NYSE:C) by 9.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 56,055 shares of the company’s stock after purchasing an additional 4,700 shares during the period. Romano Brothers AND Company’s holdings in Citigroup were worth $5,662,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. Brookstone Capital Management increased its holdings in Citigroup by 31.5% in the third quarter. Brookstone Capital Management now owns 75,914 shares of the company’s stock worth $7,705,000 after buying an additional 18,176 shares during the last quarter. Permanent Capital Management LP acquired a new position in shares of Citigroup during the 3rd quarter worth $1,238,000. Keystone Financial Services bought a new position in shares of Citigroup during the 2nd quarter valued at $216,000. Brighton Jones LLC lifted its stake in shares of Citigroup by 166.9% in the 4th quarter. Brighton Jones LLC now owns 19,990 shares of the company’s stock valued at $1,407,000 after purchasing an additional 12,499 shares during the last quarter. Finally, Perigon Wealth Management LLC boosted its holdings in Citigroup by 27.2% in the third quarter. Perigon Wealth Management LLC now owns 75,566 shares of the company’s stock worth $7,670,000 after purchasing an additional 16,171 shares in the last quarter. 71.72% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have weighed in on C. Bank of America raised their target price on Citigroup from $115.00 to $120.00 and gave the company a “buy” rating in a report on Wednesday, October 15th. Dbs Bank downgraded Citigroup from a “moderate buy” rating to a “hold” rating in a research note on Monday, September 22nd. TD Cowen boosted their target price on Citigroup from $105.00 to $110.00 and gave the stock a “hold” rating in a report on Wednesday, October 15th. Wolfe Research reiterated an “outperform” rating and set a $121.00 price target on shares of Citigroup in a report on Wednesday, December 17th. Finally, Oppenheimer dropped their price target on shares of Citigroup from $123.00 to $120.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 19th. Thirteen equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $115.25.

Key Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Piper Sandler and other brokerage coverage turned more constructive this week — analysts raised targets and reiterated overweight views, giving Citi near‑term upside vs. current levels (boosts investor confidence and buying). Citigroup Stock Price Expected to Rise, Piper Sandler Analyst Says
• Positive Sentiment: Macro/sector tailwinds — MarketBeat and other notes on sector rotation into financials and expectations for active M&A / “megadeal” activity in 2026 suggest higher investment‑banking and trading revenue cycles, which generally lift big-bank multiples including Citi. Wall Street Banks on 2026 as Big Year for ‘Megadeals’
• Positive Sentiment: Citi strategists publicly arguing the market is in a “boom” vs. a bubble supports bullish institutional sentiment toward banks and equities exposure, bolstering demand for bank stocks. Citi’s Scott Chronert: We’re in a ‘boom’ rather than a ‘bubble’ market
• Neutral Sentiment: Derivatives/politics market buzz: prediction markets show active betting that Citigroup could lead a potential SpaceX IPO — a franchise underwriting win would be positive if realized, but this is market speculation (not an announced mandate). Markets bet on whether Citigroup will take SpaceX public before Jan 1, 2028
• Neutral Sentiment: Broader market context: pieces on financials being undervalued vs. tech and the 2026 sector playbook are supporting flows into banks generally; that helps Citi but is a sector‑level, not company‑specific, driver. 2026 Sector Playbook: 3 Sectors Trading Below Fair Value
• Negative Sentiment: Citi is closing out its multi‑year Russia exit with a sale that will crystallize a material loss (reports flagged about a $1.2B hit), which weighs on EPS and capital metrics in the near term. That one‑off hit can cap multiple expansion even as strategic cleanup is positive longer term. Citigroup Gets Board Nod to Sell AO Citibank, Advances Russia Exit

Citigroup Trading Down 0.5%

Shares of Citigroup stock opened at $116.67 on Thursday. Citigroup Inc. has a 1 year low of $55.51 and a 1 year high of $122.84. The company’s fifty day simple moving average is $106.24 and its 200-day simple moving average is $98.01. The company has a market cap of $208.75 billion, a price-to-earnings ratio of 16.39, a PEG ratio of 0.59 and a beta of 1.21. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 1.62.

Citigroup (NYSE:C) last released its earnings results on Tuesday, October 14th. The company reported $2.24 EPS for the quarter, beating the consensus estimate of $1.89 by $0.35. The firm had revenue of $22.09 billion during the quarter, compared to analysts’ expectations of $20.92 billion. Citigroup had a net margin of 8.73% and a return on equity of 7.91%. The business’s quarterly revenue was up 9.3% compared to the same quarter last year. During the same period in the prior year, the company earned $1.51 EPS. As a group, sell-side analysts expect that Citigroup Inc. will post 7.53 EPS for the current year.

Citigroup Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 26th. Investors of record on Monday, November 3rd were given a dividend of $0.60 per share. The ex-dividend date of this dividend was Monday, November 3rd. This represents a $2.40 dividend on an annualized basis and a yield of 2.1%. Citigroup’s dividend payout ratio (DPR) is 33.71%.

About Citigroup

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.