Financiere des Professionnels Fonds d investissement inc. Acquires 80,719 Shares of Citigroup Inc. $C

Financiere des Professionnels Fonds d investissement inc. lifted its holdings in Citigroup Inc. (NYSE:C) by 258.8% in the 1st quarter, Holdings Channel.com reports. The firm owned 111,905 shares of the company’s stock after acquiring an additional 80,719 shares during the quarter. Citigroup makes up about 0.7% of Financiere des Professionnels Fonds d investissement inc.’s holdings, making the stock its 25th largest holding. Financiere des Professionnels Fonds d investissement inc.’s holdings in Citigroup were worth $12,691,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Whipplewood Advisors LLC purchased a new stake in Citigroup during the first quarter worth $25,000. Mcguire Capital Advisors Inc. purchased a new position in shares of Citigroup in the 4th quarter valued at $25,000. Richards Merrill & Peterson Inc. purchased a new position in shares of Citigroup in the 4th quarter valued at $28,000. TD Capital Management LLC bought a new position in shares of Citigroup in the 4th quarter worth $28,000. Finally, Luken Investment Analytics LLC bought a new position in shares of Citigroup in the 4th quarter worth $32,000. 71.72% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

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

Trending Headlines about Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citigroup posted a standout Q2, with revenue reaching a decade-high $24.75 billion and EPS of $3.15, both above expectations; the company also showed broad strength across trading and investment banking. Citigroup Inc (C) Q2 2026 Earnings Call Highlights: Record Revenue and Strategic Investments …
• Positive Sentiment: Analysts highlighted Citigroup as one of the early Q2 earnings winners, and both RBC and Truist reaffirmed bullish ratings, underscoring confidence in Citi’s momentum and restructuring progress. Q2 Earnings: 2 Winners and 1 Loser So Far
• Positive Sentiment: Citigroup announced the full redemption of $1.5 billion of Series T preferred stock, a capital-management move that may be viewed favorably by investors if it simplifies the balance sheet and reduces preferred obligations. Citigroup Announces Full Redemption of Series T Preferred Stock
• Neutral Sentiment: Citigroup’s Indian clients are increasingly hedging against rupee volatility, a reminder that Citi’s global markets franchise remains active but not necessarily a near-term earnings catalyst. Citigroup’s Indian Clients Shift Focus to Rupee Volatility
• Negative Sentiment: Despite the earnings beat, shares have weakened because investors are worried that higher expenses and ongoing investment spending could limit second-half profitability. US Stock Market: Citigroup shares slide after upbeat results fail to ease worries over higher costs

Citigroup Trading Down 2.4%

Shares of NYSE:C opened at $131.61 on Friday. The business’s 50-day moving average is $134.26 and its 200 day moving average is $123.28. The company has a debt-to-equity ratio of 1.71, a current ratio of 0.99 and a quick ratio of 0.99. Citigroup Inc. has a 1 year low of $87.94 and a 1 year high of $147.96. The firm has a market capitalization of $224.47 billion, a P/E ratio of 14.21, a P/E/G ratio of 0.62 and a beta of 1.11.

Citigroup (NYSE:C) last issued its quarterly earnings results on Tuesday, July 14th. The company reported $3.15 earnings per share for the quarter, topping the consensus estimate of $2.74 by $0.41. Citigroup had a return on equity of 10.15% and a net margin of 10.23%.The business had revenue of $24.75 billion during the quarter, compared to the consensus estimate of $23.74 billion. During the same quarter last year, the company earned $1.96 earnings per share. The company’s quarterly revenue was up 14.5% on a year-over-year basis. On average, research analysts predict that Citigroup Inc. will post 11.13 earnings per share for the current fiscal year.

Citigroup announced that its board has approved a stock buyback program on Thursday, May 7th that authorizes the company to buyback $30.00 billion in shares. This buyback authorization authorizes the company to purchase up to 13.7% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s management believes its stock is undervalued.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on C shares. Bank of America raised their price objective on Citigroup from $170.00 to $176.00 and gave the company a “buy” rating in a research report on Tuesday, July 7th. Jefferies Financial Group started coverage on shares of Citigroup in a research report on Thursday, March 26th. They set a “buy” rating and a $135.00 price target for the company. Oppenheimer cut shares of Citigroup from an “outperform” rating to a “market perform” rating in a report on Tuesday, June 30th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $150.00 price objective on shares of Citigroup in a research report on Wednesday. Finally, Evercore set a $143.00 price objective on shares of Citigroup in a research note on Monday, July 6th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $145.67.

Citigroup Profile

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.