33,944 Shares of Citizens Financial Group, Inc. $CFG Purchased by Sterling Investment Management LLC

Sterling Investment Management LLC bought a new position in Citizens Financial Group, Inc. (NYSE:CFG) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 33,944 shares of the bank’s stock, valued at approximately $2,164,000. Citizens Financial Group comprises about 1.0% of Sterling Investment Management LLC’s investment portfolio, making the stock its 25th biggest position.

Other hedge funds also recently bought and sold shares of the company. New England Research & Management Inc. raised its position in Citizens Financial Group by 69.6% during the 3rd quarter. New England Research & Management Inc. now owns 37,707 shares of the bank’s stock valued at $2,404,000 after purchasing an additional 15,475 shares during the last quarter. Vontobel Holding Ltd. lifted its holdings in Citizens Financial Group by 3,270.7% in the 3rd quarter. Vontobel Holding Ltd. now owns 939,002 shares of the bank’s stock worth $59,871,000 after buying an additional 911,144 shares during the period. Mosley Wealth Management bought a new stake in shares of Citizens Financial Group in the 3rd quarter worth approximately $37,000. TD Waterhouse Canada Inc. grew its position in shares of Citizens Financial Group by 2,060.9% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 725,463 shares of the bank’s stock worth $46,256,000 after buying an additional 691,890 shares during the last quarter. Finally, Stronghold Wealth Management L.L.C. bought a new stake in shares of Citizens Financial Group in the 3rd quarter worth approximately $675,000. Hedge funds and other institutional investors own 94.90% of the company’s stock.

Citizens Financial Group Price Performance

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

Citizens Financial Group (NYSE:CFG) last issued its quarterly earnings data on Friday, October 16th. The bank reported $1.41 EPS for the quarter, topping the consensus estimate of $1.39 by $0.02. The business had revenue of $2.32 billion during the quarter, compared to analyst estimates of $2.34 billion. Citizens Financial Group had a net margin of 17.18% and a return on equity of 8.85%. During the same period last year, the business posted $1.05 earnings per share. On average, sell-side analysts forecast that Citizens Financial Group, Inc. will post 5.29 EPS for the current year.

Insider Buying and Selling at Citizens Financial Group

In other news, CEO Bruce Van Saun sold 129,369 shares of the stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $72.07, for a total value of $9,323,623.83. Following the completion of the transaction, the chief executive officer owned 1,140,763 shares of the company’s stock, valued at approximately $82,214,789.41. This represents a 10.19% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.67% of the company’s stock.

Analysts Set New Price Targets

CFG has been the topic of several research analyst reports. Argus set a $80.00 target price on Citizens Financial Group in a research note on Wednesday, July 29th. Truist Financial dropped their price target on Citizens Financial Group from $80.00 to $77.00 and set a “hold” rating for the company in a research note on Wednesday, September 23rd. UBS Group dropped their price target on Citizens Financial Group from $82.00 to $77.00 and set a “buy” rating for the company in a research note on Monday, October 5th. Evercore reiterated an “outperform” rating and issued a $78.00 price target on shares of Citizens Financial Group in a report on Thursday, October 1st. Finally, TD Cowen began coverage on shares of Citizens Financial Group in a research report on Thursday, October 8th. They set a “buy” rating and a $75.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $79.08.

Key Headlines Impacting Citizens Financial Group

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

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.