Oslo Pensjonsforsikring AS Makes New $1.18 Million Investment in Citigroup Inc. $C

Posted by Linda Flegge on Jul 22nd, 2026

Oslo Pensjonsforsikring AS purchased a new stake in shares of Citigroup Inc. (NYSE:C – Free Report) during the 1st quarter, HoldingsChannel.com reports. The institutional investor purchased 10,391 shares of the company’s stock, valued at approximately $1,178,000.

Several other hedge funds also recently added to or reduced their stakes in the business. Whipplewood Advisors LLC purchased a new stake in Citigroup in the first quarter valued at $25,000. Mcguire Capital Advisors Inc. purchased a new position in shares of Citigroup during the 4th quarter worth $25,000. Richards Merrill & Peterson Inc. purchased a new position in shares of Citigroup during the 4th quarter worth $28,000. TD Capital Management LLC acquired a new stake in shares of Citigroup during the 4th quarter worth about $28,000. Finally, Scarborough Advisors LLC acquired a new stake in shares of Citigroup during the 1st quarter worth about $29,000. 71.72% of the stock is currently owned by hedge funds and other institutional investors.

Citigroup Stock Up 3.2%

Shares of NYSE C opened at $132.82 on Wednesday. The stock has a market cap of $226.53 billion, a P/E ratio of 14.34, a PEG ratio of 0.58 and a beta of 1.11. The business’s fifty day simple moving average is $134.53 and its 200-day simple moving average is $123.56. Citigroup Inc. has a 12-month low of $87.94 and a 12-month high of $147.96. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 1.71.

Citigroup (NYSE:C – Get Free Report) last released its earnings results on Tuesday, July 14th. The company reported $3.15 EPS 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 firm had revenue of $24.75 billion during the quarter, compared to analysts’ expectations of $23.74 billion. During the same period in the previous year, the firm posted $1.96 EPS. Citigroup’s revenue for the quarter was up 14.5% on a year-over-year basis. As a group, equities analysts predict that Citigroup Inc. will post 11.22 EPS for the current fiscal year.

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

Citigroup Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Monday, August 3rd will be paid a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Monday, August 3rd. This is a boost from Citigroup’s previous quarterly dividend of $0.60. Citigroup’s dividend payout ratio (DPR) is 25.92%.

Insider Activity at Citigroup

In other news, Director John Cunningham Dugan sold 2,117 shares of the business’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $125.30, for a total transaction of $265,260.10. Following the completion of the transaction, the director directly 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.11% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on C shares. Jefferies Financial Group assumed coverage on shares of Citigroup in a research report on Thursday, March 26th. They issued a “buy” rating and a $135.00 target price on the stock. Wells Fargo & Company lifted their price target on shares of Citigroup from $162.00 to $165.00 and gave the company an “overweight” rating in a research report on Thursday, June 18th. The Goldman Sachs Group boosted their price target on shares of Citigroup from $137.00 to $151.00 and gave the company a “buy” rating in a research note on Wednesday, April 15th. Bank of America upped their price objective on shares of Citigroup from $170.00 to $176.00 and gave the stock a “buy” rating in a report on Tuesday, July 7th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Citigroup from $135.50 to $149.00 and gave the stock an “overweight” rating in a research report on Monday, July 6th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $145.67.

Read Our Latest Stock Analysis on C

More Citigroup News

Here are the key news stories impacting Citigroup this week:

Positive Sentiment: Citigroup posted strong Q2 results, with net income surging 45% and revenue reaching a decade high of $24.8 billion, reinforcing the case that the bank’s turnaround is gaining traction. Citi (C) Q2 2026 Earnings Call Transcript
Positive Sentiment: The board declared a quarterly common-stock dividend of $0.67 per share, which signals confidence in capital strength and provides an immediate return to shareholders. Citigroup Declares Common Stock Dividend
Positive Sentiment: Analysts are also highlighting Citigroup’s strong earnings momentum, rising earnings estimates, and relatively low valuation, which may be adding to bullish sentiment. Citigroup and J&J Snack have been highlighted as Zacks Bull and Bear of the Day
Neutral Sentiment: Citigroup also remains active in capital markets, leading a lending group preparing a $1.5 billion leveraged loan for Veritas Capital’s BGIS acquisition, which points to steady deal-making but is not a major stock catalyst by itself. Citigroup-Led Bank Group Plans Debt Deal for Veritas’ BGIS Buy
Neutral Sentiment: Separately, Citi strategists said the “Magnificent Seven” label is outdated and that U.S. stock positioning may still have room to unwind, a broader market call that does not directly change Citigroup’s fundamentals. No one talks about FAANG anymore. Now, it’s time to retire Magnificent Seven as well, Citigroup argues

About Citigroup

(Free Report)

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.