Rexford Capital Inc. Invests $470,000 in Fifth Third Bancorp $FITB

Posted by Brenda Bartman on Jul 1st, 2026

Fifth Third Bancorp logo Rexford Capital Inc. purchased a new position in Fifth Third Bancorp (NASDAQ:FITB – Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 10,124 shares of the financial services provider’s stock, valued at approximately $470,000.

Other large investors also recently added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of Fifth Third Bancorp during the fourth quarter worth approximately $649,264,000. Price T Rowe Associates Inc. MD boosted its holdings in shares of Fifth Third Bancorp by 41.6% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 35,548,204 shares of the financial services provider’s stock valued at $1,664,013,000 after purchasing an additional 10,444,799 shares during the period. Clearbridge Investments LLC grew its stake in Fifth Third Bancorp by 719.2% in the fourth quarter. Clearbridge Investments LLC now owns 3,012,022 shares of the financial services provider’s stock worth $140,993,000 after purchasing an additional 2,644,332 shares in the last quarter. Invesco Ltd. increased its holdings in Fifth Third Bancorp by 12.1% during the 4th quarter. Invesco Ltd. now owns 23,799,312 shares of the financial services provider’s stock worth $1,114,046,000 after purchasing an additional 2,574,712 shares during the period. Finally, Bank of America Corp DE increased its holdings in Fifth Third Bancorp by 16.7% during the 3rd quarter. Bank of America Corp DE now owns 16,037,185 shares of the financial services provider’s stock worth $714,457,000 after purchasing an additional 2,293,939 shares during the period. 83.79% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on FITB shares. Evercore upped their target price on Fifth Third Bancorp from $53.00 to $58.00 in a report on Wednesday, June 24th. Royal Bank Of Canada restated an “outperform” rating and issued a $57.00 price objective on shares of Fifth Third Bancorp in a report on Monday, May 4th. DA Davidson reaffirmed a “buy” rating and issued a $58.00 price objective on shares of Fifth Third Bancorp in a research note on Monday, April 20th. Barclays increased their target price on shares of Fifth Third Bancorp from $61.00 to $63.00 and gave the stock an “overweight” rating in a report on Monday, April 20th. Finally, Jefferies Financial Group raised their target price on shares of Fifth Third Bancorp from $55.00 to $60.00 and gave the company a “buy” rating in a research report on Wednesday, April 8th. Sixteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $57.94.

Get Our Latest Analysis on FITB

Fifth Third Bancorp Trading Down 0.6%

NASDAQ FITB opened at $56.46 on Wednesday. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.59. The firm has a market cap of $51.17 billion, a PE ratio of 18.95, a price-to-earnings-growth ratio of 1.09 and a beta of 0.92. The company has a 50 day moving average price of $51.17 and a 200 day moving average price of $49.77. Fifth Third Bancorp has a 52 week low of $40.04 and a 52 week high of $56.94.

Fifth Third Bancorp (NASDAQ:FITB – Get Free Report) last announced its earnings results on Friday, April 17th. The financial services provider reported $0.83 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.20. Fifth Third Bancorp had a net margin of 15.89% and a return on equity of 12.39%. The company had revenue of $2.83 billion during the quarter, compared to the consensus estimate of $2.91 billion. During the same period last year, the firm earned $0.71 earnings per share. As a group, sell-side analysts forecast that Fifth Third Bancorp will post 4.1 EPS for the current fiscal year.

Fifth Third Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Tuesday, June 30th. Fifth Third Bancorp’s dividend payout ratio is currently 53.69%.

Insiders Place Their Bets

In related news, EVP Peter L. Sefzik sold 20,000 shares of the company’s stock in a transaction dated Tuesday, April 28th. The stock was sold at an average price of $50.46, for a total transaction of $1,009,200.00. Following the transaction, the executive vice president directly owned 189,382 shares of the company’s stock, valued at $9,556,215.72. This represents a 9.55% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Kevin J. Khanna sold 6,000 shares of the stock in a transaction dated 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 sale, the executive vice president owned 76,299 shares of the company’s stock, valued at approximately $3,873,700.23. This trade represents a 7.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.51% of the stock is owned by company insiders.

Fifth Third Bancorp Company Profile

(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.