Sumitomo Mitsui Financial Group (NYSE:SMFG) Share Price Passes Above 200-Day Moving Average – What’s Next?

Posted by Brenda Bartman on Aug 30th, 2026

Shares of Sumitomo Mitsui Financial Group Inc (NYSE:SMFG – Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $22.97 and traded as high as $26.08. Sumitomo Mitsui Financial Group shares last traded at $25.92, with a volume of 1,481,074 shares trading hands.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. Zacks Research cut Sumitomo Mitsui Financial Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 19th. Weiss Ratings cut Sumitomo Mitsui Financial Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, August 5th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Sumitomo Mitsui Financial Group has a consensus rating of “Hold”.

Read Our Latest Research Report on Sumitomo Mitsui Financial Group

Sumitomo Mitsui Financial Group Stock Performance

The company has a market capitalization of $165.42 billion, a price-to-earnings ratio of 18.00, a PEG ratio of 1.02 and a beta of 0.42. The company has a debt-to-equity ratio of 1.65, a current ratio of 1.05 and a quick ratio of 1.05. The stock has a 50 day simple moving average of $25.28 and a two-hundred day simple moving average of $22.97.

Sumitomo Mitsui Financial Group (NYSE:SMFG – Get Free Report) last released its quarterly earnings data on Tuesday, June 30th. The bank reported $0.49 earnings per share for the quarter. The company had revenue of $8.71 billion for the quarter. Sumitomo Mitsui Financial Group had a net margin of 16.24% and a return on equity of 10.65%. As a group, analysts anticipate that Sumitomo Mitsui Financial Group Inc will post 1.81 earnings per share for the current year.

Insiders Place Their Bets

In related news, CFO Kazuyuki Anchi sold 4,000 shares of the business’s stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $42.47, for a total value of $169,880.00. Following the completion of the sale, the chief financial officer directly owned 48,857 shares of the company’s stock, valued at $2,074,956.79. The trade was a 7.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.05% of the stock is currently owned by company insiders.

Institutional Trading of Sumitomo Mitsui Financial Group

Several institutional investors and hedge funds have recently made changes to their positions in the company. AQR Capital Management LLC grew its stake in Sumitomo Mitsui Financial Group by 26.0% during the 1st quarter. AQR Capital Management LLC now owns 177,249 shares of the bank’s stock worth $2,740,000 after buying an additional 36,522 shares during the last quarter. Focus Partners Wealth lifted its stake in Sumitomo Mitsui Financial Group by 40.5% in the first quarter. Focus Partners Wealth now owns 18,253 shares of the bank’s stock valued at $282,000 after buying an additional 5,258 shares during the last quarter. Geneos Wealth Management Inc. boosted its holdings in shares of Sumitomo Mitsui Financial Group by 41.6% in the first quarter. Geneos Wealth Management Inc. now owns 3,163 shares of the bank’s stock valued at $49,000 after acquiring an additional 930 shares during the period. Acadian Asset Management LLC boosted its holdings in shares of Sumitomo Mitsui Financial Group by 336.4% in the first quarter. Acadian Asset Management LLC now owns 39,574 shares of the bank’s stock valued at $610,000 after acquiring an additional 30,506 shares during the period. Finally, Sivia Capital Partners LLC boosted its stake in Sumitomo Mitsui Financial Group by 43.9% during the 2nd quarter. Sivia Capital Partners LLC now owns 32,398 shares of the bank’s stock worth $490,000 after purchasing an additional 9,876 shares during the period. 3.85% of the stock is owned by hedge funds and other institutional investors.

About Sumitomo Mitsui Financial Group

(Get Free Report)

Sumitomo Mitsui Financial Group, Inc (SMFG) is a Tokyo-based financial holding company that provides a broad range of banking and financial services through a network of domestic and international subsidiaries. Established in 2002 as a holding company for the Sumitomo Mitsui banking operations, SMFG’s core banking business is conducted primarily through its main operating bank, Sumitomo Mitsui Banking Corporation (SMBC), alongside other affiliates covering trust banking, securities, leasing and consumer finance.

The group’s product and service mix spans corporate and commercial banking, retail deposit and loan services, trade and project finance, cash management, syndicated lending, foreign exchange and treasury services, and capital markets and investment banking activities through its securities arm.