Cullen/Frost Bankers, Inc. $CFR Stock Sold by WealthPlan Investment Management LLC

Posted by Brian Himes on Oct 15th, 2026

WealthPlan Investment Management LLC cut its stake in Cullen/Frost Bankers, Inc. (NYSE:CFR – Free Report) by 18.7% in the third quarter, Holdings Channel.com reports. The firm owned 17,478 shares of the bank’s stock after selling 4,024 shares during the quarter. WealthPlan Investment Management LLC’s holdings in Cullen/Frost Bankers were worth $2,668,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in CFR. BlackRock Inc. purchased a new stake in Cullen/Frost Bankers in the 2nd quarter valued at $1,133,453,000. State Street Corp raised its holdings in shares of Cullen/Frost Bankers by 3.8% during the 2nd quarter. State Street Corp now owns 3,218,249 shares of the bank’s stock worth $497,292,000 after acquiring an additional 118,313 shares during the period. First Eagle Investment Management LLC raised its holdings in shares of Cullen/Frost Bankers by 22.6% during the 2nd quarter. First Eagle Investment Management LLC now owns 2,777,658 shares of the bank’s stock worth $429,204,000 after acquiring an additional 511,784 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of Cullen/Frost Bankers by 18.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,530,772 shares of the bank’s stock worth $209,833,000 after acquiring an additional 236,808 shares during the period. Finally, Bank of America Corp DE boosted its position in shares of Cullen/Frost Bankers by 11.8% during the 1st quarter. Bank of America Corp DE now owns 1,210,722 shares of the bank’s stock valued at $165,966,000 after acquiring an additional 127,483 shares during the last quarter. Institutional investors and hedge funds own 86.90% of the company’s stock.

Cullen/Frost Bankers Stock Up 1.5%

CFR traded up $2.31 during trading hours on Thursday, hitting $153.88. 85,834 shares of the company’s stock were exchanged, compared to its average volume of 552,469. The firm has a market cap of $9.56 billion, a P/E ratio of 14.54, a price-to-earnings-growth ratio of 1.76 and a beta of 0.56. Cullen/Frost Bankers, Inc. has a 12-month low of $119.00 and a 12-month high of $170.80. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.05. The firm has a 50 day moving average of $160.14 and a 200 day moving average of $151.77.

Cullen/Frost Bankers (NYSE:CFR – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The bank reported $2.70 earnings per share for the quarter, beating analysts’ consensus estimates of $2.55 by $0.15. Cullen/Frost Bankers had a return on equity of 15.55% and a net margin of 23.34%. The company had revenue of $576.01 million for the quarter, compared to analysts’ expectations of $589.72 million. During the same period last year, the firm earned $2.39 earnings per share. Analysts predict that Cullen/Frost Bankers, Inc. will post 10.94 EPS for the current fiscal year.

Cullen/Frost Bankers Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st were issued a $1.03 dividend. The ex-dividend date was Monday, August 31st. This represents a $4.12 annualized dividend and a dividend yield of 2.7%. Cullen/Frost Bankers’s dividend payout ratio is presently 38.94%.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on CFR. Jefferies Financial Group raised shares of Cullen/Frost Bankers from an “underperform” rating to a “hold” rating and upped their price objective for the company from $135.00 to $160.00 in a report on Monday, July 6th. Royal Bank Of Canada reduced their target price on shares of Cullen/Frost Bankers from $176.00 to $175.00 and set a “sector perform” rating on the stock in a research note on Friday, October 9th. Morgan Stanley lifted their target price on shares of Cullen/Frost Bankers from $200.00 to $201.00 and gave the stock an “overweight” rating in a research note on Monday, September 28th. Weiss Ratings reiterated a “buy (b)” rating on shares of Cullen/Frost Bankers in a research report on Tuesday. Finally, TD Cowen lowered their price objective on Cullen/Frost Bankers from $185.00 to $178.00 and set a “buy” rating for the company in a research report on Monday, October 5th. Five analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $169.36.

View Our Latest Analysis on Cullen/Frost Bankers

About Cullen/Frost Bankers

(Free Report)

Cullen/Frost Bankers, Inc is a financial holding company headquartered in San Antonio, Texas, and the parent company of Frost Bank. Through Frost, the company provides banking, investment, and financial services to individuals, businesses, and institutions.

Frost Bank offers personal and business deposit accounts, consumer and commercial lending, treasury management, payment services, and other banking products. Its wealth management operations provide trust, investment management, and financial planning services, while the company also offers services related to insurance and investment banking.

Founded in 1868 by Thomas Claiborne Frost, the company has a long history of serving Texas markets.