Ashurst Perkins Coie Trust Co Acquires New Stake in Citizens Financial Group, Inc. $CFG

Posted by Geri Gentry on Oct 15th, 2026

Ashurst Perkins Coie Trust Co bought a new stake in shares of Citizens Financial Group, Inc. (NYSE:CFG – Free Report) in the 3rd quarter, HoldingsChannel.com reports. The firm bought 62,520 shares of the bank’s stock, valued at approximately $3,986,000.

Other large investors have also recently added to or reduced their stakes in the company. ZWJ Investment Counsel Inc. grew its stake in Citizens Financial Group by 17.8% in the third quarter. ZWJ Investment Counsel Inc. now owns 145,022 shares of the bank’s stock worth $8,596,000 after purchasing an additional 21,910 shares in the last quarter. Mather Group LLC. grew its position in shares of Citizens Financial Group by 341.7% in the 3rd quarter. Mather Group LLC. now owns 33,696 shares of the bank’s stock worth $2,148,000 after acquiring an additional 26,067 shares in the last quarter. Strategy Asset Managers LLC bought a new stake in shares of Citizens Financial Group in the 3rd quarter valued at approximately $710,000. Union Savings Bank bought a new stake in shares of Citizens Financial Group in the 3rd quarter valued at approximately $608,000. Finally, Triumph Capital Management raised its position in shares of Citizens Financial Group by 88,440.0% during the 3rd quarter. Triumph Capital Management now owns 61,978 shares of the bank’s stock valued at $3,952,000 after acquiring an additional 61,908 shares in the last quarter. 94.90% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Citizens Financial Group news, CEO Bruce Van Saun sold 129,369 shares of the business’s 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 in the company, valued at approximately $82,214,789.41. The trade was a 10.19% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.67% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on CFG shares. DA Davidson reaffirmed a “neutral” rating on shares of Citizens Financial Group in a report on Friday, August 14th. Raymond James Financial started coverage on shares of Citizens Financial Group in a report on Tuesday, October 6th. They set a “strong-buy” rating and a $77.00 target price on the stock. Keefe, Bruyette & Woods raised their price target on shares of Citizens Financial Group from $75.00 to $90.00 and gave the stock an “outperform” rating in a research report on Friday, July 17th. Jefferies Financial Group lifted their price target on shares of Citizens Financial Group from $85.00 to $90.00 and gave the company a “buy” rating in a report on Thursday, July 16th. Finally, Argus set a $80.00 target price on Citizens Financial Group in a research note on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $79.08.

View Our Latest Analysis on CFG

Citizens Financial Group Price Performance

Shares of NYSE:CFG opened at $62.51 on Thursday. The company has a current ratio of 0.86, a quick ratio of 0.85 and a debt-to-equity ratio of 0.63. The firm’s 50 day moving average is $68.40 and its two-hundred day moving average is $67.03. The firm has a market capitalization of $26.33 billion, a P/E ratio of 13.56, a PEG ratio of 0.58 and a beta of 0.72. Citizens Financial Group, Inc. has a 52 week low of $47.96 and a 52 week high of $75.33.

Citizens Financial Group (NYSE:CFG – Get Free Report) last announced 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 return on equity of 8.85% and a net margin of 17.18%. The firm had revenue of $2.28 billion for the quarter, compared to the consensus estimate of $2.25 billion. During the same quarter in the previous year, the business earned $0.92 EPS. The firm’s revenue for the quarter was up 12.1% on a year-over-year basis. Analysts anticipate that Citizens Financial Group, Inc. will post 5.29 earnings per share for the current year.

About Citizens Financial Group

(Free Report)

Citizens Financial Group, Inc is a bank holding company headquartered in Providence, Rhode Island. Its principal subsidiary, Citizens Bank, provides banking and financial services to individuals, families, businesses and institutions through branches, digital channels and other delivery platforms.

The company’s consumer banking activities include checking and savings accounts, residential mortgages, home equity lending, credit cards, personal loans and other lending products. Through its commercial banking operations, Citizens provides business loans, commercial real estate financing, treasury management, capital markets services and other solutions for companies and institutional clients.