Greenfield Seitz Capital Management LLC Sells 4,081 Shares of Cullen/Frost Bankers, Inc. $CFR

Posted by Stanley Muller on Nov 3rd, 2026

Greenfield Seitz Capital Management LLC lessened its position in Cullen/Frost Bankers, Inc. (NYSE:CFR – Free Report) by 7.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 49,410 shares of the bank’s stock after selling 4,081 shares during the quarter. Cullen/Frost Bankers accounts for approximately 2.2% of Greenfield Seitz Capital Management LLC’s portfolio, making the stock its 12th largest holding. Greenfield Seitz Capital Management LLC’s holdings in Cullen/Frost Bankers were worth $7,543,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in CFR. GK Wealth Management LLC bought a new stake in Cullen/Frost Bankers during the third quarter worth about $32,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new position in shares of Cullen/Frost Bankers in the 2nd quarter worth about $37,000. Global Retirement Partners LLC bought a new position in shares of Cullen/Frost Bankers during the 2nd quarter valued at about $38,000. Measured Wealth Private Client Group LLC bought a new position in shares of Cullen/Frost Bankers during the 1st quarter valued at about $41,000. Finally, Root Financial Partners LLC raised its holdings in shares of Cullen/Frost Bankers by 90.0% during the 1st quarter. Root Financial Partners LLC now owns 435 shares of the bank’s stock valued at $60,000 after buying an additional 206 shares in the last quarter. Hedge funds and other institutional investors own 86.90% of the company’s stock.

Cullen/Frost Bankers Stock Performance

NYSE:CFR opened at $160.29 on Tuesday. The firm has a market cap of $9.96 billion, a PE ratio of 14.83, a price-to-earnings-growth ratio of 1.83 and a beta of 0.56. Cullen/Frost Bankers, Inc. has a fifty-two week low of $119.14 and a fifty-two week 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 business has a 50 day moving average price of $157.71 and a 200-day moving average price of $148.96.

Cullen/Frost Bankers (NYSE:CFR – Get Free Report) last issued its earnings results on Thursday, October 29th. The bank reported $2.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.80 by $0.04. Cullen/Frost Bankers had a net margin of 23.34% and a return on equity of 15.55%. The firm had revenue of $603.83 million for the quarter, compared to analysts’ expectations of $610.19 million. During the same quarter last year, the business earned $2.67 earnings per share. Equities research analysts predict that Cullen/Frost Bankers, Inc. will post 10.97 earnings per share for the current year.

Cullen/Frost Bankers Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Monday, November 30th will be given a dividend of $1.03 per share. The ex-dividend date of this dividend is Monday, November 30th. This represents a $4.12 annualized dividend and a yield of 2.6%. Cullen/Frost Bankers’s dividend payout ratio is presently 38.33%.

Analysts Set New Price Targets

A number of analysts recently weighed in on CFR shares. Keefe, Bruyette & Woods downgraded Cullen/Frost Bankers from an “outperform” rating to a “market perform” rating and dropped their target price for the stock from $180.00 to $175.00 in a research report on Monday. TD Cowen reduced their price target on shares of Cullen/Frost Bankers from $185.00 to $178.00 and set a “buy” rating on the stock in a research report on Monday, October 5th. Morgan Stanley lifted their price target 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. Barclays boosted their price objective on shares of Cullen/Frost Bankers from $160.00 to $175.00 and gave the stock an “equal weight” rating in a report on Monday, October 5th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Cullen/Frost Bankers in a research note on Tuesday, October 13th. Four equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Cullen/Frost Bankers currently has a consensus rating of “Hold” and an average target price of $171.55.

Read Our Latest Stock Report on CFR

Insider Transactions at Cullen/Frost Bankers

In other Cullen/Frost Bankers news, EVP Bobby Berman sold 2,406 shares of the business’s stock in a transaction dated Friday, October 30th. The shares were sold at an average price of $157.10, for a total value of $377,982.60. Following the transaction, the executive vice president owned 28,406 shares in the company, valued at approximately $4,462,582.60. The trade was a 7.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.14% of the stock is currently owned by company insiders.

Cullen/Frost Bankers News Summary

Here are the key news stories impacting Cullen/Frost Bankers this week:

Positive Sentiment: Zacks upgraded CFR to a Rank #2 (Buy), citing growing optimism about the bank’s earnings prospects. The upgrade may attract momentum-oriented investors and reinforces expectations for improving results. Cullen/Frost Upgraded to Buy: Here’s Why
Positive Sentiment: Cullen/Frost’s third-quarter earnings call highlighted continued business growth. This follows quarterly earnings of $2.84 per share, ahead of the $2.80 consensus estimate, which has helped strengthen the investment case despite revenue coming in slightly below expectations. Cullen/Frost Bankers Earnings Call Highlights Growth
Positive Sentiment: TD Cowen initiated or reiterated a Buy rating on Cullen/Frost, adding to the positive analyst sentiment around the stock. Cullen/Frost Bankers Receives a Buy from TD Cowen
Positive Sentiment: Wall Street Zen also upgraded its rating on CFR, providing another favorable signal for investor sentiment. Cullen/Frost Bankers Stock Rating Upgraded by Wall Street Zen
Neutral Sentiment: Evercore ISI reaffirmed its Hold rating, suggesting the firm sees limited near-term catalysts relative to the stock’s valuation. Evercore ISI Reaffirms Hold Rating
Negative Sentiment: Keefe, Bruyette & Woods downgraded CFR from Outperform to Market Perform and reduced its price target to $175 from $180. Although the target still implies upside, the downgrade signals more cautious expectations.
Negative Sentiment: Executive Vice President Bobby Berman sold 2,406 shares worth approximately $378,000, reducing his holdings by 7.81%. While not necessarily fundamental, insider selling can weigh modestly on sentiment.

About Cullen/Frost Bankers

(Free Report)

Cullen/Frost Bankers, Inc is a financial holding company headquartered in San Antonio, Texas. Its principal subsidiary, Frost Bank, provides banking and financial services to individuals, businesses and institutions throughout Texas.

Frost Bank offers personal and commercial deposit accounts, loans, mortgages, treasury management, payments and other business banking services. The company also provides wealth management, trust and investment services, brokerage services and insurance solutions through its related businesses.

Frost traces its history to 1868, when Thomas Claiborne Frost founded the bank in San Antonio.