Citigroup Inc. $C Shares Acquired by GAMMA Investing LLC

Posted by Stanley Muller on Aug 5th, 2026

GAMMA Investing LLC lifted its stake in shares of Citigroup Inc. (NYSE:C – Free Report) by 10.9% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 54,775 shares of the company’s stock after buying an additional 5,397 shares during the quarter. GAMMA Investing LLC’s holdings in Citigroup were worth $7,666,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Whipplewood Advisors LLC purchased a new stake in shares of Citigroup during the first quarter valued at approximately $25,000. Mcguire Capital Advisors Inc. purchased a new position in shares of Citigroup in the fourth quarter valued at $25,000. Richards Merrill & Peterson Inc. acquired a new stake in Citigroup during the 4th quarter valued at $28,000. TD Capital Management LLC acquired a new stake in Citigroup during the 4th quarter valued at $28,000. Finally, IMG Wealth Management Inc. increased its stake in Citigroup by 197.6% during the 1st quarter. IMG Wealth Management Inc. now owns 244 shares of the company’s stock worth $28,000 after buying an additional 162 shares during the period. 71.72% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have commented on C. Evercore set a $143.00 price objective on shares of Citigroup in a report on Monday, July 6th. Wells Fargo & Company raised their target price on Citigroup from $162.00 to $165.00 and gave the company an “overweight” rating in a research note on Thursday, June 18th. UBS Group dropped their target price on Citigroup from $150.00 to $142.00 and set a “neutral” rating on the stock in a research report on Monday. Truist Financial cut their price target on Citigroup from $158.00 to $154.00 and set a “buy” rating on the stock in a research note on Wednesday, July 15th. Finally, Argus set a $150.00 price target on Citigroup in a report on Wednesday, July 15th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $145.22.

Read Our Latest Stock Report on Citigroup

Key Citigroup News

Here are the key news stories impacting Citigroup this week:

Positive Sentiment: Dividend appeal supports income-focused demand. Citigroup’s recently announced $0.67-per-share cash dividend, payable August 28, reinforces the stock’s appeal to dividend investors. The company’s valuation and improving earnings profile may further support the investment case. Why Citigroup Is a Great Dividend Stock Right Now
Positive Sentiment: Investment-banking hiring signals confidence in deal activity. Citi hired Bank of America veteran Rohan Sen to lead technology-services coverage, part of an investment-banking recruiting push that could help expand advisory and capital-markets revenue if dealmaking remains strong. Citi Recruits Bank of America Veteran
Positive Sentiment: American Airlines card enhancements could aid credit-card engagement. Citi and American Airlines expanded benefits on the premium AAdvantage Executive card, including airport-lounge access and accelerated loyalty rewards. The refresh may help retention, spending and fee-based card revenue. American Airlines and Citi Enhance Premium Travel Card
Neutral Sentiment: $70 million Loomis Sayles settlement removes litigation uncertainty. The agreement resolves a lawsuit tied to trading losses. The settlement creates a direct cost for Citi, but ending the dispute limits future legal risk and makes the overall effect on the stock mixed. Citigroup Settles Trade-Loss Suit With Loomis Sayles
Negative Sentiment: Greater exposure to leveraged-ETF risk management may concern investors. Reports highlighting Citi’s role in hedging leveraged-ETF exposures and broader market-plumbing discussions raise questions about trading, funding and financial-stability risks, though no specific loss was reported. Citigroup Takes a Bigger Role in Leveraged ETF Risk

Citigroup Trading Up 2.5%

C opened at $136.86 on Wednesday. Citigroup Inc. has a 12-month low of $89.68 and a 12-month high of $147.96. The company has a debt-to-equity ratio of 1.71, a current ratio of 0.99 and a quick ratio of 0.99. The stock has a market capitalization of $233.42 billion, a PE ratio of 14.78, a P/E/G ratio of 0.60 and a beta of 1.12. The firm’s fifty day moving average price is $136.19 and its 200 day moving average price is $124.51.

Citigroup (NYSE:C – Get Free Report) last announced its quarterly earnings data 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. The company had revenue of $24.75 billion during the quarter, compared to analyst estimates of $23.74 billion. Citigroup had a net margin of 10.23% and a return on equity of 10.15%. The firm’s revenue for the quarter was up 14.5% compared to the same quarter last year. During the same period last year, the business earned $1.96 EPS. As a group, research analysts expect that Citigroup Inc. will post 11.2 EPS for the current fiscal year.

Citigroup Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Monday, August 3rd will be paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 2.0%. This is a positive change from Citigroup’s previous quarterly dividend of $0.60. The ex-dividend date is Monday, August 3rd. Citigroup’s payout ratio is 28.94%.

Citigroup declared that its Board of Directors has initiated a stock buyback program on Thursday, May 7th that permits the company to buyback $30.00 billion in outstanding shares. This buyback authorization permits 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 board of directors believes its stock is undervalued.

Insiders Place Their Bets

In related 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 value of $265,260.10. Following the completion of the sale, the director directly owned 12,194 shares of the company’s stock, valued at $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 Securities & Exchange Commission, which is available through this link. 0.11% of the stock is currently owned by corporate insiders.

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.