Thrivent Financial for Lutherans Acquires 1,619,314 Shares of Fifth Third Bancorp $FITB

Posted by Brian Himes on May 16th, 2026

Fifth Third Bancorp logo Thrivent Financial for Lutherans grew its holdings in Fifth Third Bancorp (NASDAQ:FITB – Free Report) by 3,358.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,667,523 shares of the financial services provider’s stock after acquiring an additional 1,619,314 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Fifth Third Bancorp were worth $78,057,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. AE Wealth Management LLC raised its stake in Fifth Third Bancorp by 4.7% in the third quarter. AE Wealth Management LLC now owns 348,001 shares of the financial services provider’s stock valued at $15,503,000 after purchasing an additional 15,627 shares in the last quarter. Bahl & Gaynor Inc. raised its stake in Fifth Third Bancorp by 18.0% in the third quarter. Bahl & Gaynor Inc. now owns 161,369 shares of the financial services provider’s stock valued at $7,189,000 after purchasing an additional 24,566 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in Fifth Third Bancorp by 2.4% in the third quarter. Envestnet Asset Management Inc. now owns 2,023,145 shares of the financial services provider’s stock valued at $90,131,000 after purchasing an additional 48,080 shares in the last quarter. Nordea Investment Management AB raised its stake in Fifth Third Bancorp by 3.2% in the fourth quarter. Nordea Investment Management AB now owns 1,276,429 shares of the financial services provider’s stock valued at $59,788,000 after purchasing an additional 39,261 shares in the last quarter. Finally, Westfield Capital Management Co. LP raised its stake in Fifth Third Bancorp by 26.6% in the third quarter. Westfield Capital Management Co. LP now owns 1,619,948 shares of the financial services provider’s stock valued at $72,169,000 after purchasing an additional 340,030 shares in the last quarter. Institutional investors own 83.79% of the company’s stock.

Insider Activity at Fifth Third Bancorp

In other news, EVP Peter L. Sefzik sold 20,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 28th. The stock was sold at an average price of $50.46, for a total value of $1,009,200.00. Following the completion of the transaction, the executive vice president owned 189,382 shares of the company’s stock, valued at $9,556,215.72. This represents a 9.55% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Kevin J. Khanna sold 6,000 shares of the company’s stock in a transaction that occurred on Monday, April 20th. The shares were sold at an average price of $50.77, for a total value of $304,620.00. Following the completion of the transaction, the executive vice president directly owned 76,299 shares of the company’s stock, valued at $3,873,700.23. This represents a 7.29% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.51% of the company’s stock.

Fifth Third Bancorp Stock Down 0.7%

Shares of NASDAQ FITB opened at $47.35 on Friday. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.59. The company has a market cap of $42.91 billion, a price-to-earnings ratio of 15.89, a PEG ratio of 0.98 and a beta of 0.94. Fifth Third Bancorp has a 12 month low of $36.64 and a 12 month high of $55.44. The stock has a 50-day moving average price of $47.77 and a two-hundred day moving average price of $47.71.

Fifth Third Bancorp (NASDAQ:FITB – Get Free Report) last issued its earnings results on Friday, April 17th. The financial services provider reported $0.83 EPS for the quarter, topping the consensus estimate of ($0.04) by $0.87. The firm had revenue of $2.83 billion during the quarter, compared to the consensus estimate of $2.91 billion. Fifth Third Bancorp had a return on equity of 12.39% and a net margin of 15.89%.During the same quarter in the previous year, the firm earned $0.71 earnings per share. As a group, analysts forecast that Fifth Third Bancorp will post 4.1 earnings per share for the current fiscal year.

Fifth Third Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $1.60 annualized dividend and a yield of 3.4%. Fifth Third Bancorp’s payout ratio is presently 53.69%.

Analysts Set New Price Targets

A number of research firms recently commented on FITB. JPMorgan Chase & Co. boosted their price target on Fifth Third Bancorp from $53.00 to $54.50 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Weiss Ratings downgraded Fifth Third Bancorp from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, May 6th. Zacks Research downgraded Fifth Third Bancorp from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 11th. Jefferies Financial Group boosted their target price on Fifth Third Bancorp from $55.00 to $60.00 and gave the stock a “buy” rating in a research note on Wednesday, April 8th. Finally, Keefe, Bruyette & Woods boosted their target price on Fifth Third Bancorp from $53.00 to $55.00 and gave the stock a “market perform” rating in a research note on Wednesday, January 21st. Seventeen analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $57.19.

Get Our Latest Stock Report on Fifth Third Bancorp

About Fifth Third Bancorp

(Free Report)

Fifth Third Bancorp is a Cincinnati, Ohio–based bank holding company whose primary banking subsidiary operates as Fifth Third Bank. The company provides a broad range of financial services to individual consumers, small businesses, middle-market companies and large corporations. Its business mix includes retail and commercial banking, lending, payment and card services, treasury and cash management, and wealth management and investment advisory services delivered through a combination of branch locations, commercial offices and digital platforms.

On the consumer side, Fifth Third offers deposit accounts, consumer loans, mortgages, auto financing and credit card products, along with digital banking and mobile services.