Fulcrum Asset Management LLP Acquires 139,556 Shares of Citizens Financial Group, Inc. $CFG

Posted by Brian Himes on Nov 9th, 2026

Fulcrum Asset Management LLP bought a new position in Citizens Financial Group, Inc. (NYSE:CFG – Free Report) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 139,556 shares of the bank’s stock, valued at approximately $8,898,000.

A number of other institutional investors and hedge funds also recently modified their holdings of CFG. Allspring Global Investments Holdings LLC increased its stake in Citizens Financial Group by 36.6% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,048,162 shares of the bank’s stock worth $66,768,000 after purchasing an additional 280,802 shares in the last quarter. Bryn Mawr Trust Advisors LLC raised its holdings in Citizens Financial Group by 1,199.9% during the 3rd quarter. Bryn Mawr Trust Advisors LLC now owns 49,723 shares of the bank’s stock worth $3,170,000 after buying an additional 45,898 shares during the period. Avion Wealth raised its holdings in Citizens Financial Group by 1,548.8% during the 3rd quarter. Avion Wealth now owns 2,028 shares of the bank’s stock worth $129,000 after buying an additional 1,905 shares during the period. Brighton Jones LLC raised its holdings in Citizens Financial Group by 539.3% during the 3rd quarter. Brighton Jones LLC now owns 226,687 shares of the bank’s stock worth $14,454,000 after buying an additional 191,231 shares during the period. Finally, Candriam S.C.A. lifted its stake in Citizens Financial Group by 3,329.9% during the third quarter. Candriam S.C.A. now owns 2,519,343 shares of the bank’s stock valued at $160,633,000 after buying an additional 2,445,890 shares in the last quarter. 94.90% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have commented on CFG. UBS Group decreased their target price on shares of Citizens Financial Group from $82.00 to $77.00 and set a “buy” rating for the company in a report on Monday, October 5th. Stephens dropped their target price on shares of Citizens Financial Group from $70.00 to $65.00 and set an “equal weight” rating on the stock in a research report on Tuesday, October 20th. DA Davidson set a $82.00 price target on shares of Citizens Financial Group in a report on Monday, October 19th. JPMorgan Chase & Co. reduced their price target on shares of Citizens Financial Group from $78.00 to $72.50 and set an “overweight” rating for the company in a research report on Friday, October 2nd. Finally, Bank of America reduced their price target on shares of Citizens Financial Group from $82.00 to $76.00 in a research report on Thursday, October 8th. Seventeen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, Citizens Financial Group has a consensus rating of “Moderate Buy” and an average price target of $76.79.

Get Our Latest Report on CFG

Citizens Financial Group Stock Performance

Shares of CFG stock opened at $63.34 on Monday. Citizens Financial Group, Inc. has a 1-year low of $49.00 and a 1-year high of $75.33. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.74. The company has a market capitalization of $26.55 billion, a price-to-earnings ratio of 12.74, a P/E/G ratio of 0.58 and a beta of 0.74. The stock’s fifty day simple moving average is $65.87 and its 200-day simple moving average is $65.64.

Citizens Financial Group (NYSE:CFG – Get Free Report) last posted its quarterly earnings results on Friday, October 16th. The bank reported $1.41 earnings per share for the quarter, beating the consensus estimate of $1.39 by $0.02. The firm had revenue of $2.32 billion for the quarter, compared to analyst estimates of $2.34 billion. Citizens Financial Group had a return on equity of 9.52% and a net margin of 18.07%. During the same period in the previous year, the firm earned $1.05 earnings per share. On average, sell-side analysts predict that Citizens Financial Group, Inc. will post 5.30 earnings per share for the current fiscal year.

Citizens Financial Group Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 13th. Shareholders of record on Friday, October 30th will be paid a dividend of $0.52 per share. This is a boost from Citizens Financial Group’s previous quarterly dividend of $0.46. The ex-dividend date of this dividend is Friday, October 30th. This represents a $2.08 annualized dividend and a yield of 3.3%. Citizens Financial Group’s dividend payout ratio (DPR) is presently 41.85%.

Citizens Financial Group Profile

(Free Report)

Citizens Financial Group, Inc is a bank holding company headquartered in Providence, Rhode Island. Through Citizens Bank and related businesses, it provides retail and commercial banking services to individuals, businesses and institutions.

Its offerings include checking and savings accounts, mortgages, personal and business loans, credit cards, wealth management, and commercial lending and cash-management services. The company also provides capital markets and other financial services to corporate clients.

Citizens traces its history to High Street Bank, founded in Providence in 1828.