Citizens Financial Group, Inc. $CFG Stock: Lee Financial Co Grows Position

Lee Financial Co lifted its position in Citizens Financial Group, Inc. (NYSE:CFG) by 27.2% during the third quarter, HoldingsChannel.com reports. The fund owned 45,139 shares of the bank’s stock after acquiring an additional 9,659 shares during the period. Citizens Financial Group makes up 0.4% of Lee Financial Co’s portfolio, making the stock its 29th largest position. Lee Financial Co’s holdings in Citizens Financial Group were worth $2,878,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in CFG. Align Financial LLC acquired a new position in Citizens Financial Group in the 3rd quarter valued at $35,000. Dynamic Wealth Strategies LLC purchased a new position in Citizens Financial Group in the 3rd quarter valued at $68,000. 1834 Investment Advisors Co. lifted its holdings in Citizens Financial Group by 2,023.0% in the 3rd quarter. 1834 Investment Advisors Co. now owns 298,616 shares of the bank’s stock valued at $19,040,000 after purchasing an additional 284,550 shares in the last quarter. USA Financial Formulas purchased a new position in Citizens Financial Group in the 3rd quarter valued at $429,000. Finally, Sterling Investment Management LLC acquired a new stake in Citizens Financial Group during the 3rd quarter worth $2,164,000. 94.90% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Citizens Financial Group news, CEO Bruce Van Saun sold 129,369 shares of the business’s stock in a transaction on Friday, July 24th. The stock was sold at an average price of $72.07, for a total transaction of $9,323,623.83. Following the transaction, the chief executive officer owned 1,140,763 shares of the company’s stock, valued at approximately $82,214,789.41. The trade was a 10.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.67% of the company’s stock.

Citizens Financial Group Price Performance

CFG stock opened at $63.39 on Friday. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.86 and a quick ratio of 0.85. The business has a 50 day simple moving average of $68.03 and a 200-day simple moving average of $67.04. The firm has a market capitalization of $26.70 billion, a PE ratio of 12.75, a price-to-earnings-growth ratio of 0.58 and a beta of 0.72. Citizens Financial Group, Inc. has a 1 year low of $48.31 and a 1 year high of $75.33.

Citizens Financial Group (NYSE:CFG) last posted its quarterly earnings results on Friday, October 16th. The bank reported $1.41 EPS for the quarter, beating the consensus estimate of $1.39 by $0.02. Citizens Financial Group had a return on equity of 8.85% and a net margin of 17.18%. The firm had revenue of $2.32 billion during the quarter, compared to analysts’ expectations of $2.34 billion. During the same quarter last year, the firm earned $1.05 earnings per share. Equities research analysts anticipate that Citizens Financial Group, Inc. will post 5.29 earnings per share for the current fiscal year.

Key Citizens Financial Group News

Here are the key news stories impacting Citizens Financial Group this week:

• Positive Sentiment: Third-quarter net income rose 29% year over year to $636 million, while EPS increased 34% year over year and 8% sequentially to $1.41. The result exceeded consensus estimates of $1.39 and was well above the $1.05 reported in the prior-year quarter. Citizens Financial Group Reports Third Quarter 2026 Results
• Positive Sentiment: Higher net interest income supported the earnings beat, and management highlighted improved credit quality. These trends suggest better core banking profitability and reduced near-term credit-loss pressure. CFG Stock Up as Q3 Earnings Top Estimates
• Positive Sentiment: Citizens increased its dividend by 13%, improving the stock’s income appeal and signaling confidence in capital generation and future earnings. CFG Stock Up as Q3 Earnings Top Estimates, Dividend Hiked
• Neutral Sentiment: The earnings call and company release provide additional detail on quarterly performance and management’s outlook, but investors are balancing strong profitability against uneven revenue trends. Citizens Financial Group Q3 2026 Earnings Call Transcript
• Negative Sentiment: Revenue missed expectations, primarily because capital-markets fees declined. The shortfall helps explain why the market response was less favorable than the EPS beat alone might suggest. Citizens Financial Q3 Earnings Beat, Revenue Misses
• Negative Sentiment: Cantor Fitzgerald issued a pessimistic forecast for CFG, adding an additional source of downside pressure despite the quarterly earnings beat. Cantor Fitzgerald Issues Pessimistic Forecast

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on CFG. Argus set a $80.00 target price on shares of Citizens Financial Group in a report on Wednesday, July 29th. Weiss Ratings reiterated a “buy (b)” rating on shares of Citizens Financial Group in a research report on Monday, August 3rd. JPMorgan Chase & Co. reduced their target price on shares of Citizens Financial Group from $78.00 to $72.50 and set an “overweight” rating for the company in a research report on Friday, October 2nd. Raymond James Financial reissued a “strong-buy” rating on shares of Citizens Financial Group in a research note on Friday. Finally, Jefferies Financial Group boosted their price target on shares of Citizens Financial Group from $85.00 to $90.00 and gave the stock a “buy” rating in a research report on Thursday, July 16th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $79.08.

About Citizens Financial Group

Citizens Financial Group, Inc is a bank holding company headquartered in Providence, Rhode Island. Its principal subsidiary, Citizens Bank, provides banking and financial services to individuals, families, businesses and institutions through branches, digital channels and other delivery platforms.

The company’s consumer banking activities include checking and savings accounts, residential mortgages, home equity lending, credit cards, personal loans and other lending products. Through its commercial banking operations, Citizens provides business loans, commercial real estate financing, treasury management, capital markets services and other solutions for companies and institutional clients.