Weekly Analysts’ Ratings Updates for Cullen/Frost Bankers (CFR)

Cullen/Frost Bankers (NYSE: CFR) has recently received a number of price target changes and ratings updates:

• 7/15/2026 – Cullen/Frost Bankers had its “buy (b)” rating reaffirmed by Weiss Ratings.
• 7/15/2026 – Cullen/Frost Bankers had its price target raised by Cantor Fitzgerald from $154.00 to $158.00. They now have a “neutral” rating on the stock.
• 7/9/2026 – Cullen/Frost Bankers was upgraded by Stephens from “hold” to “strong-buy”.
• 7/7/2026 – Cullen/Frost Bankers had its price target raised by Barclays PLC from $155.00 to $160.00. They now have an “equal weight” rating on the stock.
• 7/6/2026 – Cullen/Frost Bankers was upgraded by Jefferies Financial Group Inc. from “underperform” to “hold”. They now have a $160.00 price target on the stock, up from $135.00.
• 7/1/2026 – Cullen/Frost Bankers had its “market perform” rating reaffirmed by Raymond James Financial, Inc..
• 6/30/2026 – Cullen/Frost Bankers had its price target raised by Citigroup Inc. from $131.00 to $145.00. They now have a “sell” rating on the stock.
• 6/29/2026 – Cullen/Frost Bankers had its price target raised by Morgan Stanley from $133.00 to $141.00. They now have an “underweight” rating on the stock.
• 6/1/2026 – Cullen/Frost Bankers had its “neutral” rating reaffirmed by Cantor Fitzgerald.

Cullen/Frost Bankers Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 29th were paid a $1.03 dividend. This represents a $4.12 annualized dividend and a dividend yield of 2.5%. This is a positive change from Cullen/Frost Bankers’s previous quarterly dividend of $1.00. The ex-dividend date was Friday, May 29th. Cullen/Frost Bankers’s payout ratio is presently 40.12%.

Insider Buying and Selling

In other Cullen/Frost Bankers news, EVP Carol Jean Severyn sold 837 shares of the firm’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $148.29, for a total transaction of $124,118.73. Following the completion of the sale, the executive vice president owned 12,712 shares in the company, valued at $1,885,062.48. This trade represents a 6.18% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.14% of the company’s stock.

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.