Global Retirement Partners LLC Buys New Shares in Citizens Financial Group, Inc. $CFG

Posted by Stanley Muller on Aug 17th, 2026

Global Retirement Partners LLC bought a new position in Citizens Financial Group, Inc. (NYSE:CFG – Free Report) in the second quarter, Holdings Channel.com reports. The firm bought 43,390 shares of the bank’s stock, valued at approximately $3,040,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Parallel Advisors LLC increased its holdings in shares of Citizens Financial Group by 2.9% in the fourth quarter. Parallel Advisors LLC now owns 6,078 shares of the bank’s stock valued at $355,000 after purchasing an additional 172 shares during the period. Inscription Capital LLC raised its stake in shares of Citizens Financial Group by 1.6% in the fourth quarter. Inscription Capital LLC now owns 10,902 shares of the bank’s stock worth $637,000 after purchasing an additional 175 shares during the last quarter. Clear Harbor Asset Management LLC lifted its holdings in shares of Citizens Financial Group by 0.9% during the fourth quarter. Clear Harbor Asset Management LLC now owns 19,694 shares of the bank’s stock worth $1,150,000 after purchasing an additional 175 shares during the period. MGO One Seven LLC lifted its holdings in shares of Citizens Financial Group by 3.7% during the fourth quarter. MGO One Seven LLC now owns 5,270 shares of the bank’s stock worth $308,000 after purchasing an additional 187 shares during the period. Finally, Summit Financial LLC boosted its position in Citizens Financial Group by 2.5% in the fourth quarter. Summit Financial LLC now owns 7,719 shares of the bank’s stock valued at $451,000 after buying an additional 187 shares during the last quarter. Institutional investors and hedge funds own 94.90% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on CFG shares. Jefferies Financial Group increased their price target on shares of Citizens Financial Group from $85.00 to $90.00 and gave the stock a “buy” rating in a report on Thursday, July 16th. Stephens lifted their price objective on shares of Citizens Financial Group from $68.00 to $70.00 and gave the company an “equal weight” rating in a research note on Friday, July 17th. Robert W. Baird upped their price objective on shares of Citizens Financial Group from $72.00 to $75.00 and gave the company a “neutral” rating in a report on Friday, July 17th. Cantor Fitzgerald increased their price objective on shares of Citizens Financial Group from $75.00 to $80.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 15th. Finally, UBS Group raised their target price on shares of Citizens Financial Group from $75.00 to $82.00 and gave the stock a “buy” rating in a report on Tuesday, July 7th. Sixteen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Citizens Financial Group currently has an average rating of “Moderate Buy” and a consensus price target of $79.05.

View Our Latest Research Report on CFG

Insider Activity

In other news, CEO Saun Bruce Van sold 129,369 shares of the stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $72.07, for a total transaction of $9,323,623.83. Following the sale, the chief executive officer directly owned 1,140,763 shares of the company’s stock, valued at $82,214,789.41. This represents a 10.19% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.67% of the stock is currently owned by insiders.

Citizens Financial Group Price Performance

Shares of NYSE CFG opened at $74.72 on Monday. The stock has a market capitalization of $31.47 billion, a price-to-earnings ratio of 16.21, a PEG ratio of 0.57 and a beta of 0.67. Citizens Financial Group, Inc. has a 12 month low of $47.96 and a 12 month high of $74.86. The firm’s 50 day simple moving average is $70.56 and its 200-day simple moving average is $65.28. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.86 and a quick ratio of 0.85.

Citizens Financial Group (NYSE:CFG – Get Free Report) last posted its earnings results on Thursday, July 16th. The bank reported $1.30 earnings per share for the quarter, beating the consensus estimate of $1.25 by $0.05. Citizens Financial Group had a net margin of 17.18% and a return on equity of 8.85%. The firm had revenue of $2.28 billion during the quarter, compared to analyst estimates of $2.25 billion. During the same period in the previous year, the firm earned $0.92 EPS. The business’s quarterly revenue was up 12.1% on a year-over-year basis. Analysts expect that Citizens Financial Group, Inc. will post 5.3 EPS for the current year.

Citizens Financial Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 13th. Shareholders of record on Thursday, July 30th were given a $0.46 dividend. The ex-dividend date was Thursday, July 30th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 2.5%. Citizens Financial Group’s dividend payout ratio is 39.91%.

About Citizens Financial Group

(Free Report)

Citizens Financial Group, Inc (NYSE: CFG) is a bank holding company that provides a broad range of banking and financial services to individuals, small and middle-market businesses, corporations and institutional clients. Headquartered in Providence, Rhode Island, Citizens conducts its banking operations principally through its primary banking subsidiary, Citizens Bank, and serves customers through a combination of branch locations, ATMs and digital channels. The company is publicly traded and operates under the regulatory framework applicable to U.S.