Rep. David Taylor Purchases Shares of Fifth Third Bancorp (NASDAQ:FITB)

Representative David Taylor (Republican-Ohio) recently bought shares of Fifth Third Bancorp (NASDAQ:FITB). In a filing disclosed on March 20th, the Representative disclosed that they had bought between $1,001 and $15,000 in Fifth Third Bancorp stock on March 11th. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SARDINIA READY MIX 401(K) – DAVE” account.

Representative David Taylor also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Parker-Hannifin (NYSE:PH) on 3/12/2026.
• Purchased $1,001 – $15,000 in shares of RPM International (NYSE:RPM) on 3/12/2026.
• Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 3/12/2026.
• Purchased $1,001 – $15,000 in shares of Installed Building Products (NYSE:IBP) on 3/12/2026.
• Purchased $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 3/12/2026.
• Sold $1,001 – $15,000 in shares of Chevron (NYSE:CVX) on 3/12/2026.
• Purchased $1,001 – $15,000 in shares of RPM International (NYSE:RPM) on 3/11/2026.
• Sold $1,001 – $15,000 in shares of Chevron (NYSE:CVX) on 3/11/2026.
• Sold $1,001 – $15,000 in shares of Marathon Petroleum (NYSE:MPC) on 3/11/2026.
• Sold $1,001 – $15,000 in shares of Eaton (NYSE:ETN) on 2/26/2026.

Fifth Third Bancorp Trading Up 1.4%

Shares of FITB opened at $45.99 on Wednesday. Fifth Third Bancorp has a twelve month low of $32.25 and a twelve month high of $55.44. The firm has a market capitalization of $41.65 billion, a P/E ratio of 12.99, a price-to-earnings-growth ratio of 0.91 and a beta of 0.96. The company has a current ratio of 0.83, a quick ratio of 0.82 and a debt-to-equity ratio of 0.68. The stock’s fifty day simple moving average is $49.81 and its 200 day simple moving average is $46.54.

Fifth Third Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend is Tuesday, March 31st. Fifth Third Bancorp’s dividend payout ratio (DPR) is 45.20%.

Analyst Upgrades and Downgrades

Several brokerages have commented on FITB. Barclays upped their price target on Fifth Third Bancorp from $51.00 to $61.00 and gave the stock an “overweight” rating in a research note on Monday, January 5th. UBS Group reiterated a “buy” rating and set a $59.00 target price on shares of Fifth Third Bancorp in a report on Wednesday, February 4th. Evercore increased their target price on shares of Fifth Third Bancorp from $52.00 to $57.00 and gave the stock an “in-line” rating in a research report on Thursday, February 5th. Robert W. Baird raised their price target on shares of Fifth Third Bancorp from $50.00 to $55.00 in a report on Wednesday, December 17th. Finally, Royal Bank Of Canada lifted their price target on shares of Fifth Third Bancorp from $52.00 to $57.00 and gave the company an “outperform” rating in a research report on Wednesday, January 21st. Seventeen equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, Fifth Third Bancorp has an average rating of “Moderate Buy” and an average target price of $56.99.

Institutional Investors Weigh In On Fifth Third Bancorp

Several institutional investors and hedge funds have recently modified their holdings of FITB. Evolution Wealth Management Inc. acquired a new position in Fifth Third Bancorp during the 2nd quarter worth approximately $26,000. Westside Investment Management Inc. grew its position in Fifth Third Bancorp by 100.0% in the third quarter. Westside Investment Management Inc. now owns 584 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 292 shares in the last quarter. Harbor Investment Advisory LLC grew its position in Fifth Third Bancorp by 501.9% in the fourth quarter. Harbor Investment Advisory LLC now owns 620 shares of the financial services provider’s stock valued at $29,000 after acquiring an additional 517 shares in the last quarter. Monetary Solutions Ltd purchased a new stake in shares of Fifth Third Bancorp during the fourth quarter valued at approximately $29,000. Finally, United Community Bank lifted its position in shares of Fifth Third Bancorp by 581.0% during the third quarter. United Community Bank now owns 681 shares of the financial services provider’s stock worth $30,000 after purchasing an additional 581 shares in the last quarter. Hedge funds and other institutional investors own 83.79% of the company’s stock.

About Representative Taylor

David Taylor (Republican Party) is a member of the U.S. House, representing Ohio’s 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Taylor (Republican Party) ran for election to the U.S. House to represent Ohio’s 2nd Congressional District. He won in the general election on November 5, 2024.

David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor’s career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.

Fifth Third Bancorp Company Profile

Fifth Third Bancorp is a Cincinnati, Ohio–based bank holding company whose primary banking subsidiary operates as Fifth Third Bank. The company provides a broad range of financial services to individual consumers, small businesses, middle-market companies and large corporations. Its business mix includes retail and commercial banking, lending, payment and card services, treasury and cash management, and wealth management and investment advisory services delivered through a combination of branch locations, commercial offices and digital platforms.

On the consumer side, Fifth Third offers deposit accounts, consumer loans, mortgages, auto financing and credit card products, along with digital banking and mobile services.