Principal Financial Group Inc. Has $49.91 Million Stock Position in Fifth Third Bancorp $FITB

Principal Financial Group Inc. lifted its holdings in shares of Fifth Third Bancorp (NASDAQ:FITB) by 46.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,074,370 shares of the financial services provider’s stock after acquiring an additional 338,929 shares during the period. Principal Financial Group Inc.’s holdings in Fifth Third Bancorp were worth $49,915,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in FITB. Harbor Investment Advisory LLC boosted its stake in Fifth Third Bancorp by 501.9% during the 4th quarter. Harbor Investment Advisory LLC now owns 620 shares of the financial services provider’s stock valued at $29,000 after purchasing an additional 517 shares during the last quarter. Monetary Solutions Ltd purchased a new stake in shares of Fifth Third Bancorp in the fourth quarter worth approximately $29,000. Leonteq Securities AG purchased a new stake in shares of Fifth Third Bancorp in the fourth quarter worth approximately $30,000. Reflection Asset Management bought a new position in shares of Fifth Third Bancorp in the fourth quarter valued at approximately $30,000. Finally, EFG International AG bought a new position in shares of Fifth Third Bancorp in the fourth quarter valued at approximately $33,000. Institutional investors and hedge funds own 83.79% of the company’s stock.

Insider Transactions at Fifth Third Bancorp

In other news, EVP Kevin J. Khanna sold 6,000 shares of the stock in a transaction that occurred on Monday, April 20th. The shares were sold at an average price of $50.77, for a total transaction of $304,620.00. Following the completion of the transaction, the executive vice president directly owned 76,299 shares of the company’s stock, valued at $3,873,700.23. This represents a 7.29% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Peter L. Sefzik sold 20,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 28th. The shares were sold at an average price of $50.46, for a total value of $1,009,200.00. Following the completion of the transaction, the executive vice president owned 189,382 shares in the company, valued at approximately $9,556,215.72. The trade was a 9.55% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.51% of the company’s stock.

Fifth Third Bancorp Stock Performance

Shares of Fifth Third Bancorp stock opened at $57.92 on Friday. The business’s fifty day simple moving average is $53.01 and its 200 day simple moving average is $50.61. The firm has a market capitalization of $52.49 billion, a P/E ratio of 19.44, a price-to-earnings-growth ratio of 1.09 and a beta of 0.90. Fifth Third Bancorp has a 12 month low of $40.04 and a 12 month high of $59.50. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.59.

Fifth Third Bancorp (NASDAQ:FITB) last posted its quarterly earnings data on Friday, July 17th. The financial services provider reported $0.83 earnings per share for the quarter, missing the consensus estimate of $0.84 by ($0.01). The business had revenue of $3.26 billion during the quarter, compared to analysts’ expectations of $3.24 billion. Fifth Third Bancorp had a return on equity of 12.39% and a net margin of 15.89%.During the same period in the prior year, the firm posted $0.88 EPS. As a group, analysts anticipate that Fifth Third Bancorp will post 4.1 EPS for the current year.

Fifth Third Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were given a dividend of $0.40 per share. The ex-dividend date was Tuesday, June 30th. This represents a $1.60 annualized dividend and a yield of 2.8%. Fifth Third Bancorp’s dividend payout ratio is presently 53.69%.

Fifth Third Bancorp News Summary

Here are the key news stories impacting Fifth Third Bancorp this week:

• Positive Sentiment: Fifth Third Bancorp posted Q2 2026 earnings of $1.02 per share, above consensus estimates, helped by stronger net interest income and fee income. Article Title
• Positive Sentiment: The company said profit rose on higher net interest income and growth in capital markets and wealth management fees, suggesting core banking trends remain solid. Article Title
• Positive Sentiment: Fifth Third also highlighted strong credit quality and lower deposit costs, which support margins and profitability. Article Title
• Positive Sentiment: The bank was named the United States’ Best Bank by Euromoney, reinforcing confidence in its franchise and post-merger expansion story. Article Title
• Neutral Sentiment: Shares also saw unusually heavy put-option activity, indicating traders are hedging or positioning for volatility after earnings.
• Negative Sentiment: Despite the earnings beat, the stock is under pressure because investors are reacting to higher integration-related costs and a reported miss on topline estimates. Article Title
• Negative Sentiment: Some reports noted revenue came in below expectations, which may be outweighing the EPS beat in early trading. Article Title

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on FITB shares. Weiss Ratings upgraded Fifth Third Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, June 1st. Jefferies Financial Group lifted their price objective on shares of Fifth Third Bancorp from $55.00 to $60.00 and gave the stock a “buy” rating in a report on Wednesday, April 8th. The Goldman Sachs Group upped their target price on shares of Fifth Third Bancorp from $55.00 to $60.00 and gave the stock a “buy” rating in a research note on Wednesday, April 22nd. Truist Financial increased their target price on shares of Fifth Third Bancorp from $57.00 to $60.00 and gave the company a “buy” rating in a report on Wednesday, June 24th. Finally, Wells Fargo & Company boosted their price target on shares of Fifth Third Bancorp from $58.00 to $67.00 and gave the stock an “overweight” rating in a report on Monday, July 6th. Sixteen research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, Fifth Third Bancorp presently has an average rating of “Moderate Buy” and an average price target of $59.11.

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.