B.A. Schrock Wealth Management Inc. Acquires New Holdings in Citigroup Inc. $C

B.A. Schrock Wealth Management Inc. acquired a new position in shares of Citigroup Inc. (NYSE:C) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 36,910 shares of the company’s stock, valued at approximately $4,688,000. Citigroup accounts for approximately 1.6% of B.A. Schrock Wealth Management Inc.’s portfolio, making the stock its 20th largest position.

A number of other institutional investors also recently made changes to their positions in the company. Howard Financial Services LTD. grew its holdings in Citigroup by 33.3% in the 3rd quarter. Howard Financial Services LTD. now owns 3,274 shares of the company’s stock valued at $424,000 after buying an additional 817 shares in the last quarter. Ashurst Perkins Coie Trust Co acquired a new stake in shares of Citigroup during the third quarter worth $47,000. Mather Group LLC. lifted its holdings in shares of Citigroup by 24.1% during the third quarter. Mather Group LLC. now owns 13,353 shares of the company’s stock worth $1,662,000 after buying an additional 2,593 shares in the last quarter. Western Financial Corp CA lifted its holdings in shares of Citigroup by 87.5% during the third quarter. Western Financial Corp CA now owns 11,660 shares of the company’s stock worth $1,510,000 after buying an additional 5,442 shares in the last quarter. Finally, Essex LLC boosted its position in shares of Citigroup by 5.7% in the third quarter. Essex LLC now owns 1,850 shares of the company’s stock valued at $240,000 after acquiring an additional 100 shares during the period. Institutional investors own 71.72% of the company’s stock.

Citigroup Price Performance

Shares of C stock opened at $122.53 on Thursday. The business has a fifty day simple moving average of $133.16 and a 200 day simple moving average of $131.71. The company has a market cap of $208.99 billion, a P/E ratio of 11.95, a P/E/G ratio of 0.55 and a beta of 1.13. The company has a quick ratio of 0.99, a current ratio of 1.00 and a debt-to-equity ratio of 1.78. Citigroup Inc. has a twelve month low of $95.00 and a twelve month high of $147.96.

Citigroup (NYSE:C) last posted its quarterly earnings results on Tuesday, October 13th. The company reported $2.85 earnings per share for the quarter, beating analysts’ consensus estimates of $2.66 by $0.19. Citigroup had a net margin of 10.97% and a return on equity of 10.57%. The company had revenue of $23.84 billion for the quarter, compared to the consensus estimate of $23.74 billion. During the same period last year, the company posted $1.86 EPS. The firm’s quarterly revenue was up 7.9% compared to the same quarter last year. On average, sell-side analysts forecast that Citigroup Inc. will post 11.19 EPS for the current fiscal year.

Citigroup Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Monday, August 3rd were issued a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend was Monday, August 3rd. This is a boost from Citigroup’s previous quarterly dividend of $0.60. Citigroup’s payout ratio is currently 28.94%.

Wall Street Analyst Weigh In

Several research firms recently commented on C. Zacks Research downgraded shares of Citigroup from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 14th. Wall Street Zen downgraded shares of Citigroup from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Evercore set a $135.00 price target on Citigroup in a research note on Wednesday. UBS Group set a $148.00 price target on Citigroup in a research report on Wednesday. Finally, Oppenheimer lowered Citigroup from an “outperform” rating to a “market perform” rating in a research note on Tuesday, June 30th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $150.79.

Trending Headlines about Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citigroup reported third-quarter earnings of $2.85 per share, above the roughly $2.65 analyst consensus, while revenue rose 7.9% year over year to approximately $23.85 billion. Net income increased 40% to $5.2 billion, supported by growth in Services, Wealth and Markets. Citi profit jumps 40% with higher investment banking, services and wealth revenue
• Positive Sentiment: Management raised its 2026 profitability outlook, citing strong Services growth, AI-driven efficiency gains and disciplined capital deployment. Citi also increased shareholder returns through dividends and share repurchases, with approximately $4.1 billion returned during the quarter. Citigroup Q3 Earnings Call Highlights Higher Return Outlook and AI Gains
• Positive Sentiment: Loan growth and deposits remained healthy, while Citi’s fixed-income trading results were stronger than expected. These trends support the bank’s turnaround and restructuring efforts.
• Neutral Sentiment: Royal Bank of Canada lowered its price target from $150 to $135 but maintained an “Outperform” rating, implying potential upside from recent levels. RBC lowers Citigroup price target
• Negative Sentiment: Investors questioned how durable the beat was because trading and investment-banking gains may cool from unusually strong prior-quarter levels. Management also indicated that fourth-quarter trading revenue could decline sharply, while deal activity has moderated. Citi Stock Falls Despite Earnings Beat
• Negative Sentiment: Higher credit-loss provisions, rising reserves, a flat U.S. card business and concerns about capital ratios added to investor caution. Several analysts subsequently reduced their price targets or downgraded the stock to Hold.
• Negative Sentiment: Unusually heavy put-option activity and elevated Treasury yields are reinforcing a cautious view of bank stocks. Regulatory scrutiny of large banks’ “debanking” practices is an additional potential overhang for Citigroup.

About Citigroup

Citigroup Inc is a global financial services company headquartered in New York City and listed on the New York Stock Exchange under the symbol C. Through its subsidiaries and businesses, Citi provides banking, lending, investment, payments, wealth management and other financial services to consumers, businesses, governments and institutional clients.

Citi’s principal businesses include Services, which supports institutional clients with treasury, trade, securities services and related solutions; Markets, which provides sales, trading, research and financing services; Banking, which offers investment banking and corporate banking; and Wealth, which provides private banking and wealth management.