Dearborn Partners LLC Acquires New Stake in Citigroup Inc. $C

Posted by Francis Steltz on Aug 28th, 2026

Dearborn Partners LLC bought a new position in shares of Citigroup Inc. (NYSE:C – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 8,260 shares of the company’s stock, valued at approximately $1,156,000.

A number of other hedge funds have also modified their holdings of the business. Public Employees Retirement System of Ohio acquired a new stake in Citigroup in the 2nd quarter valued at about $93,295,000. Blue Edge Capital LLC acquired a new stake in shares of Citigroup in the second quarter valued at approximately $4,811,000. Corient Private Wealth LP lifted its position in Citigroup by 56.1% during the second quarter. Corient Private Wealth LP now owns 978,877 shares of the company’s stock worth $137,004,000 after buying an additional 351,832 shares in the last quarter. Birmingham Capital Management Co. Inc. AL acquired a new position in Citigroup during the second quarter worth $1,750,000. Finally, Magnolia Capital Advisors LLC purchased a new stake in Citigroup in the 2nd quarter valued at $397,000. 71.72% of the stock is currently owned by institutional investors and hedge funds.

More Citigroup News

Here are the key news stories impacting Citigroup this week:

Positive Sentiment: Strong Korean capital-markets outlook: Citi expects record capital issuance in South Korea during 2026 as deal activity accelerates. Greater investment-banking and underwriting volume could support fee revenue, although the benefit to Citigroup’s overall results is likely modest. Citi Expects Record Korea Capital Issuance in 2026 as Deals Jump
Positive Sentiment: Potential benefit from firm interest rates: The Bank of Korea raised its benchmark rate to 3% and cited persistent inflation and solid growth. A higher-rate environment can support bank net interest income, though it may also increase credit and funding risks. Bank of Korea Raises Rates
Neutral Sentiment: Research activity draws attention: Citi’s bullish call and 90-day catalyst watch on Oracle highlight ongoing demand for the bank’s equity-research and advisory services, but the news directly affects Oracle rather than Citigroup’s earnings. Citi Adds Oracle Catalyst Watch
Neutral Sentiment: Healius ownership reduced: Citigroup entities exited substantial-holder status in Australian healthcare company Healius. The transaction appears to be a portfolio or client-position change, with no clear direct impact on C’s fundamentals. Citi Entities Exit Healius Holder Status
Negative Sentiment: SEC investigation increases risk concerns: The SEC subpoenaed Citigroup, Goldman Sachs, JPMorgan and Bank of America over margin lending to hedge fund Situational Awareness, which suffered a 67% drawdown during an AI-stock sell-off. The subpoenas do not establish wrongdoing, but they raise concerns about leverage controls, potential client losses, regulatory costs and reputational damage. SEC Probe Puts Wall Street Leverage Risk Back in Focus

Citigroup Stock Performance

NYSE:C opened at $132.80 on Friday. Citigroup Inc. has a 52 week low of $92.96 and a 52 week high of $147.96. The company has a fifty day simple moving average of $136.41 and a two-hundred day simple moving average of $126.76. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 1.71. The company has a market cap of $226.50 billion, a price-to-earnings ratio of 14.34, a price-to-earnings-growth ratio of 0.60 and a beta of 1.12.

Citigroup (NYSE:C – Get Free Report) last announced its quarterly earnings data on Tuesday, July 14th. The company reported $3.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.74 by $0.41. The business had revenue of $24.77 billion for the quarter, compared to analysts’ expectations of $23.74 billion. Citigroup had a return on equity of 10.15% and a net margin of 10.23%.The company’s revenue for the quarter was up 14.5% compared to the same quarter last year. During the same period last year, the firm earned $1.96 earnings per share. As a group, equities analysts anticipate that Citigroup Inc. will post 11.2 earnings per share for the current fiscal year.

Citigroup announced that its board has authorized a share 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 usually a sign that the company’s board believes its shares are undervalued.

Citigroup Increases Dividend

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

Analyst Ratings Changes

C has been the topic of several recent research reports. JPMorgan Chase & Co. boosted their price target on shares of Citigroup from $135.50 to $149.00 and gave the company an “overweight” rating in a research report on Monday, July 6th. Evercore set a $143.00 price target on shares of Citigroup in a research note on Monday, July 6th. Truist Financial decreased their price objective on Citigroup from $158.00 to $154.00 and set a “buy” rating on the stock in a report on Wednesday, July 15th. Royal Bank Of Canada reissued an “outperform” rating and set a $150.00 target price on shares of Citigroup in a research note on Wednesday, July 15th. Finally, Morgan Stanley upped their price target on Citigroup from $154.00 to $164.00 and gave the company an “overweight” rating in a research note on Monday, June 29th. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $145.22.

Check Out Our Latest Stock Report on C

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.