Tocqueville Asset Management L.P. Takes Position in Capital One Financial Corporation $COF

Tocqueville Asset Management L.P. purchased a new position in Capital One Financial Corporation (NYSE:COF) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 18,874 shares of the financial services provider’s stock, valued at approximately $3,787,000.

Other institutional investors have also made changes to their positions in the company. Evolution Wealth Management Inc. increased its stake in Capital One Financial by 529.4% in the 4th quarter. Evolution Wealth Management Inc. now owns 107 shares of the financial services provider’s stock valued at $26,000 after buying an additional 90 shares during the period. VSM Wealth Advisory LLC acquired a new stake in shares of Capital One Financial during the 4th quarter valued at $27,000. Cherry Tree Wealth Management LLC boosted its stake in shares of Capital One Financial by 1,312.5% during the 4th quarter. Cherry Tree Wealth Management LLC now owns 113 shares of the financial services provider’s stock valued at $27,000 after buying an additional 105 shares during the period. Ballast Advisors LLC purchased a new position in shares of Capital One Financial during the 1st quarter valued at $27,000. Finally, Strive Asset Management LLC purchased a new position in shares of Capital One Financial during the 3rd quarter valued at $28,000. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Capital One Financial Trading Down 3.7%

Shares of NYSE:COF opened at $212.55 on Friday. The company has a market cap of $130.40 billion, a P/E ratio of 13.15, a P/E/G ratio of 0.81 and a beta of 1.02. The stock’s 50-day moving average is $207.98 and its 200-day moving average is $198.07. Capital One Financial Corporation has a 52-week low of $174.24 and a 52-week high of $259.64. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.02 and a current ratio of 1.02.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $5.81 EPS for the quarter, topping analysts’ consensus estimates of $4.79 by $1.02. Capital One Financial had a return on equity of 11.28% and a net margin of 13.37%.The business had revenue of $15.83 billion for the quarter, compared to analyst estimates of $15.76 billion. During the same period in the previous year, the company posted $5.48 earnings per share. The firm’s revenue for the quarter was up 26.9% on a year-over-year basis. Equities research analysts predict that Capital One Financial Corporation will post 20.29 earnings per share for the current year.

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th will be given a $0.80 dividend. This represents a $3.20 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Monday, August 17th. Capital One Financial’s payout ratio is currently 19.80%.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. Truist Financial dropped their price target on shares of Capital One Financial from $275.00 to $255.00 and set a “buy” rating on the stock in a research note on Thursday, April 23rd. Weiss Ratings raised Capital One Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, August 13th. UBS Group boosted their target price on Capital One Financial from $275.00 to $280.00 and gave the company a “buy” rating in a research note on Monday, August 3rd. TD Cowen cut their price target on Capital One Financial from $260.00 to $253.00 and set a “buy” rating for the company in a research note on Tuesday, July 7th. Finally, JPMorgan Chase & Co. raised their price target on Capital One Financial from $215.00 to $245.00 and gave the stock an “overweight” rating in a research note on Monday, July 13th. Twenty-one research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $259.14.

Capital One Financial News Summary

Here are the key news stories impacting Capital One Financial this week:

• Positive Sentiment: Capital One’s latest quarterly results exceeded expectations, with earnings per share of $5.81 versus the $4.79 consensus and revenue of $15.83 billion, up 26.9% year over year. The stock remains up about 9.6% since that report, while analysts continue to see upside, with reported price targets generally ranging from $231 to $275. Capital One Up 9.6% Since Last Earnings Report
• Positive Sentiment: Bank of America maintained a Buy rating despite slower card growth, indicating that the bank’s credit performance and longer-term outlook remain supportive. Capital One also continues to benefit from investor interest in potential earnings growth and valuation expansion. Bank of America Maintains Buy Rating
• Positive Sentiment: The company announced the full redemption of its Series M fixed-rate reset non-cumulative perpetual preferred stock on September 1, 2026. The move may simplify Capital One’s capital structure and reduce preferred-stock obligations, although the immediate effect on common-stock earnings is likely limited. Capital One Announces Series M Preferred Stock Redemption
• Neutral Sentiment: Capital One’s quarterly dividend remains $0.80 per share, or $3.20 annualized, representing an indicated yield of roughly 1.4%. The payout ratio is relatively modest at approximately 20%, leaving room for capital flexibility.
• Negative Sentiment: Renewed concerns about consumer credit are weighing on the stock. Industry credit-card delinquency rates remain elevated, and Capital One’s 30-plus-day delinquency rate reportedly edged up to 3.48% in July, even though net charge-offs improved. Because Capital One has significant credit-card exposure, investors remain cautious about whether credit normalization will continue. Investors Weigh Consumer Credit Pressure
• Negative Sentiment: Recent disclosures show extensive insider selling, with multiple executives selling shares and no reported insider purchases over the past six months. Several sales were conducted under pre-arranged Rule 10b5-1 plans, limiting their significance, but the pattern may still add to short-term investor caution.

Insider Buying and Selling

In other news, insider Lia Dean sold 2,193 shares of the firm’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $225.52, for a total value of $494,565.36. Following the sale, the insider owned 63,261 shares in the company, valued at approximately $14,266,620.72. This trade represents a 3.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael Zamsky sold 5,473 shares of the firm’s stock in a transaction on Monday, August 10th. The stock was sold at an average price of $218.02, for a total transaction of $1,193,223.46. Following the completion of the sale, the insider owned 27,992 shares in the company, valued at approximately $6,102,815.84. The trade was a 16.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 26,267 shares of company stock worth $5,617,648. 0.78% of the stock is currently owned by company insiders.

Capital One Financial Company Profile

Capital One Financial Corporation (NYSE: COF) is a diversified bank holding company headquartered in McLean, Virginia. The company’s core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.