Gateway Wealth Partners LLC Makes New $550,000 Investment in Citigroup Inc. $C

Gateway Wealth Partners LLC bought a new stake in shares of Citigroup Inc. (NYSE:C) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 4,854 shares of the company’s stock, valued at approximately $550,000.

Other hedge funds also recently modified their holdings of the company. Mcguire Capital Advisors Inc. bought a new stake in shares of Citigroup in the fourth quarter valued at $25,000. Whipplewood Advisors LLC bought a new position in shares of Citigroup during the 1st quarter worth $25,000. Richards Merrill & Peterson Inc. bought a new position in shares of Citigroup during the 4th quarter worth $28,000. TD Capital Management LLC purchased a new stake in Citigroup in the 4th quarter worth about $28,000. Finally, Scarborough Advisors LLC purchased a new stake in Citigroup in the 1st quarter worth about $29,000. Institutional investors own 71.72% of the company’s stock.

Citigroup Stock Up 4.1%

Shares of NYSE C opened at $132.36 on Friday. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 1.71. The company has a market cap of $225.75 billion, a P/E ratio of 14.29, a P/E/G ratio of 0.57 and a beta of 1.11. Citigroup Inc. has a 52 week low of $87.94 and a 52 week high of $147.96. The business has a 50-day simple moving average of $135.67 and a two-hundred day simple moving average of $124.10.

Citigroup (NYSE:C) last announced its quarterly earnings results on Tuesday, July 14th. The company reported $3.15 earnings per share for the quarter, beating the consensus estimate of $2.74 by $0.41. Citigroup had a return on equity of 10.15% and a net margin of 10.23%.The firm had revenue of $24.75 billion for the quarter, compared to analysts’ expectations of $23.74 billion. During the same period in the prior year, the business posted $1.96 earnings per share. The company’s revenue was up 14.5% on a year-over-year basis. Research analysts anticipate that Citigroup Inc. will post 11.22 earnings per share for the current fiscal year.

Citigroup declared that its board has authorized a stock repurchase program on Thursday, May 7th that permits the company to repurchase $30.00 billion in outstanding shares. This repurchase authorization permits the company to buy up to 13.7% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s board believes its stock is undervalued.

Citigroup Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Monday, August 3rd will be issued a dividend of $0.67 per share. This is a boost from Citigroup’s previous quarterly dividend of $0.60. The ex-dividend date of this dividend is Monday, August 3rd. This represents a $2.68 dividend on an annualized basis and a yield of 2.0%. Citigroup’s payout ratio is currently 25.92%.

Insiders Place Their Bets

In other Citigroup news, Director John Cunningham Dugan sold 2,117 shares of the stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $125.30, for a total value of $265,260.10. Following the sale, the director directly owned 12,194 shares in the company, valued at $1,527,908.20. This represents a 14.79% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.11% of the company’s stock.

Analyst Ratings Changes

C has been the topic of a number of research reports. Wall Street Zen upgraded Citigroup from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Barclays increased their target price on shares of Citigroup from $146.00 to $154.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 15th. Wells Fargo & Company boosted their price target on shares of Citigroup from $162.00 to $165.00 and gave the company an “overweight” rating in a research report on Thursday, June 18th. Oppenheimer lowered shares of Citigroup from an “outperform” rating to a “market perform” rating in a research report on Tuesday, June 30th. Finally, Zacks Research upgraded shares of Citigroup from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 16th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $145.67.

Citigroup News Roundup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Premium-card expansion supports Citi’s consumer strategy. Citi and Mastercard are expanding The Curated Table dining series for Citi Strata Elite cardmembers, adding events in New York, Austin and Miami. The program is unlikely to materially affect near-term earnings, but it may help strengthen card engagement, customer retention and premium-rewards positioning. Citi and Mastercard Expand The Curated Table Series for Fall 2026 with Premium Dining Experiences
• Positive Sentiment: New trade-finance platform highlights fee-growth and technology opportunities. Citi launched Citi Consolidate, an Infor Nexus-powered invoice and payables platform for corporate buyers and suppliers in the U.S. and Canada. The service could improve working-capital access for clients, strengthen risk controls and support Citi’s transaction-banking franchise over time. How Investors Are Reacting To Citigroup Launching Its New Citi Consolidate Trade-Finance Platform
• Positive Sentiment: Analyst earnings revisions are generally constructive. Erste Group raised its FY2026 EPS estimate to $11.18 from $11.00 and its FY2027 estimate to $12.80 from $12.74. The FY2026 forecast is approximately in line with consensus, while the higher FY2027 estimate signals expectations for continued earnings improvement. Citigroup analyst earnings estimates
• Neutral Sentiment: Wall Street sentiment remains an important swing factor. Recent coverage focuses on whether Citi’s rally and earnings momentum justify additional upside, but the article does not identify a clear new consensus target or rating change. Citigroup Stock Outlook: Is Wall Street Bullish or Bearish?
• Neutral Sentiment: The Federal Reserve’s decision to hold rates steady is mixed for Citi. Higher rates can support net interest income, but persistent inflation and three dissenting votes favoring a hike increase uncertainty around the economic outlook, credit quality and future monetary policy. Federal Reserve rate decision

Citigroup Profile

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.