Gateway Wealth Partners LLC Purchases Shares of 4,854 Citigroup Inc. $C

Gateway Wealth Partners LLC purchased a new stake in shares of Citigroup Inc. (NYSE:C) in the first quarter, HoldingsChannel reports. The institutional investor purchased 4,854 shares of the company’s stock, valued at approximately $550,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Brighton Jones LLC increased its holdings in shares of Citigroup by 166.9% in the 4th quarter. Brighton Jones LLC now owns 19,990 shares of the company’s stock worth $1,407,000 after buying an additional 12,499 shares during the last quarter. Sivia Capital Partners LLC lifted its holdings in shares of Citigroup by 20.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 9,805 shares of the company’s stock worth $835,000 after acquiring an additional 1,669 shares during the last quarter. United Bank bought a new stake in shares of Citigroup during the 2nd quarter worth $972,000. Osterweis Capital Management Inc. grew its position in Citigroup by 3,016.7% in the second quarter. Osterweis Capital Management Inc. now owns 935 shares of the company’s stock worth $80,000 after acquiring an additional 905 shares in the last quarter. Finally, HUB Investment Partners LLC grew its position in Citigroup by 26.9% in the second quarter. HUB Investment Partners LLC now owns 15,287 shares of the company’s stock worth $1,301,000 after acquiring an additional 3,238 shares in the last quarter. Hedge funds and other institutional investors own 71.72% of the company’s stock.

Citigroup Stock Performance

Citigroup stock 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 capitalization of $225.75 billion, a PE ratio of 14.29, a P/E/G ratio of 0.57 and a beta of 1.11. The firm has a fifty day simple moving average of $135.67 and a two-hundred day simple moving average of $124.10. Citigroup Inc. has a twelve month low of $87.94 and a twelve month high of $147.96.

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

Citigroup declared that its Board of Directors has initiated 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 reacquire up to 13.7% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board believes its shares are undervalued.

Citigroup Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Monday, August 3rd will be given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 2.0%. The ex-dividend date is Monday, August 3rd. This is a positive change from Citigroup’s previous quarterly dividend of $0.60. Citigroup’s dividend payout ratio is 25.92%.

Insider Transactions at Citigroup

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. JPMorgan Chase & Co. raised their price target on Citigroup from $135.50 to $149.00 and gave the company an “overweight” rating in a research report on Monday, July 6th. Truist Financial reduced their price objective on Citigroup from $158.00 to $154.00 and set a “buy” rating on the stock in a research report on Wednesday, July 15th. Argus set a $150.00 price objective on Citigroup in a research report on Wednesday, July 15th. Keefe, Bruyette & Woods raised their price objective on Citigroup from $140.00 to $153.00 and gave the company an “outperform” rating in a report on Friday, May 8th. Finally, Evercore set a $143.00 target price on Citigroup in a research report on Monday, July 6th. Two investment 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’s stock. According to data from MarketBeat.com, Citigroup presently has an average rating of “Moderate Buy” and an average price target of $145.67.

More Citigroup News

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

About Citigroup

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.