Mmbg Investment Advisors CO. Takes $938,000 Position in Cullen/Frost Bankers, Inc. $CFR

Posted by George Bondi on Aug 20th, 2026

Mmbg Investment Advisors CO. acquired a new stake in Cullen/Frost Bankers, Inc. (NYSE:CFR – Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 6,070 shares of the bank’s stock, valued at approximately $938,000.

A number of other hedge funds also recently added to or reduced their stakes in CFR. Advisory Services Network LLC purchased a new stake in shares of Cullen/Frost Bankers during the third quarter worth $28,000. Global Retirement Partners LLC purchased a new stake in Cullen/Frost Bankers during the 2nd quarter worth about $38,000. Covestor Ltd increased its holdings in Cullen/Frost Bankers by 67.6% during the 4th quarter. Covestor Ltd now owns 248 shares of the bank’s stock worth $31,000 after purchasing an additional 100 shares during the period. Measured Wealth Private Client Group LLC purchased a new position in shares of Cullen/Frost Bankers in the 1st quarter valued at about $41,000. Finally, Geneos Wealth Management Inc. grew its position in shares of Cullen/Frost Bankers by 40.8% during the first quarter. Geneos Wealth Management Inc. now owns 366 shares of the bank’s stock worth $46,000 after buying an additional 106 shares in the last quarter. 86.90% of the stock is currently owned by institutional investors and hedge funds.

Cullen/Frost Bankers Stock Down 1.6%

CFR opened at $164.73 on Thursday. Cullen/Frost Bankers, Inc. has a one year low of $119.00 and a one year high of $170.80. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.63 and a current ratio of 0.63. The stock has a market capitalization of $10.24 billion, a P/E ratio of 15.57, a price-to-earnings-growth ratio of 2.59 and a beta of 0.53. The business’s 50-day simple moving average is $158.94 and its 200-day simple moving average is $146.33.

Cullen/Frost Bankers (NYSE:CFR – Get Free Report) last announced its earnings results on Thursday, July 30th. The bank reported $2.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.55 by $0.15. The firm had revenue of $576.01 million during the quarter, compared to analysts’ expectations of $589.72 million. Cullen/Frost Bankers had a return on equity of 15.55% and a net margin of 23.34%.During the same period in the prior year, the firm earned $2.39 EPS. Analysts anticipate that Cullen/Frost Bankers, Inc. will post 10.8 EPS for the current year.

Cullen/Frost Bankers Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be issued a $1.03 dividend. This represents a $4.12 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Monday, August 31st. Cullen/Frost Bankers’s dividend payout ratio is presently 38.94%.

Analysts Set New Price Targets

CFR has been the subject of a number of recent research reports. Royal Bank Of Canada lifted their price target on shares of Cullen/Frost Bankers from $168.00 to $176.00 and gave the stock a “sector perform” rating in a research note on Friday, July 31st. Stephens increased their price objective on shares of Cullen/Frost Bankers from $169.00 to $183.00 and gave the company an “overweight” rating in a research report on Friday, July 31st. Zacks Research raised shares of Cullen/Frost Bankers from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 5th. Jefferies Financial Group upgraded shares of Cullen/Frost Bankers from an “underperform” rating to a “hold” rating and boosted their target price for the stock from $135.00 to $160.00 in a research note on Monday, July 6th. Finally, Barclays raised their price target on Cullen/Frost Bankers from $155.00 to $160.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 7th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $161.75.

Read Our Latest Research Report on CFR

Insider Activity

In other news, EVP Carol Jean Severyn sold 837 shares of the firm’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $148.29, for a total transaction of $124,118.73. Following the transaction, the executive vice president directly owned 12,712 shares in the company, valued at approximately $1,885,062.48. This trade represents a 6.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 1.14% of the company’s stock.

About Cullen/Frost Bankers

(Free Report)

Cullen/Frost Bankers, Inc is the holding company for Frost Bank, a Texas-chartered financial institution whose origins date back to 1868 in San Antonio. As one of the oldest banking organizations in the state, it offers a broad range of services to individuals, small and large businesses, and institutional clients. Core banking activities include commercial lending, deposit services, cash management and trade finance, while consumer products cover residential mortgages, personal lines of credit and home equity loans.

Beyond traditional banking, the company provides comprehensive treasury and equipment leasing solutions tailored to support working capital and capital expenditure requirements.