Ninety One SA Pty Ltd Has $8.92 Million Holdings in Citizens Financial Group, Inc. $CFG

Ninety One SA Pty Ltd raised its holdings in shares of Citizens Financial Group, Inc. (NYSE:CFG) by 87.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 152,737 shares of the bank’s stock after acquiring an additional 71,294 shares during the quarter. Ninety One SA Pty Ltd’s holdings in Citizens Financial Group were worth $8,921,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in CFG. Capital World Investors lifted its position in shares of Citizens Financial Group by 1.7% in the third quarter. Capital World Investors now owns 37,289,711 shares of the bank’s stock worth $1,982,532,000 after purchasing an additional 614,181 shares in the last quarter. Invesco Ltd. boosted its holdings in shares of Citizens Financial Group by 1.7% during the third quarter. Invesco Ltd. now owns 24,064,513 shares of the bank’s stock worth $1,279,270,000 after purchasing an additional 393,158 shares during the period. Nordea Investment Management AB grew its position in Citizens Financial Group by 7.5% during the fourth quarter. Nordea Investment Management AB now owns 7,220,986 shares of the bank’s stock valued at $423,222,000 after purchasing an additional 505,614 shares in the last quarter. Capital International Investors increased its stake in Citizens Financial Group by 2.3% in the 3rd quarter. Capital International Investors now owns 6,047,378 shares of the bank’s stock valued at $321,534,000 after buying an additional 138,688 shares during the period. Finally, Ninety One UK Ltd acquired a new position in Citizens Financial Group in the 3rd quarter valued at approximately $308,946,000. Institutional investors and hedge funds own 94.90% of the company’s stock.

Citizens Financial Group Stock Up 0.0%

CFG opened at $64.42 on Friday. The firm has a market cap of $27.38 billion, a P/E ratio of 15.23, a price-to-earnings-growth ratio of 0.52 and a beta of 0.70. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.84 and a current ratio of 0.85. The business has a 50 day moving average price of $61.40 and a 200 day moving average price of $58.05. Citizens Financial Group, Inc. has a twelve month low of $33.95 and a twelve month high of $68.79.

Citizens Financial Group (NYSE:CFG) last announced its quarterly earnings results on Thursday, April 16th. The bank reported $1.13 EPS for the quarter, beating the consensus estimate of $1.10 by $0.03. Citizens Financial Group had a return on equity of 8.31% and a net margin of 16.21%.The company had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $2.16 billion. During the same quarter last year, the company posted $0.77 earnings per share. The company’s revenue for the quarter was up 12.0% compared to the same quarter last year. Research analysts forecast that Citizens Financial Group, Inc. will post 3.92 EPS for the current year.

Citizens Financial Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 14th. Investors of record on Thursday, April 30th will be paid a $0.46 dividend. The ex-dividend date is Thursday, April 30th. This represents a $1.84 dividend on an annualized basis and a yield of 2.9%. Citizens Financial Group’s dividend payout ratio (DPR) is presently 47.55%.

Insider Transactions at Citizens Financial Group

In related news, insider Susan Lamonica sold 13,258 shares of Citizens Financial Group stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $58.04, for a total value of $769,494.32. Following the transaction, the insider owned 165,971 shares in the company, valued at $9,632,956.84. This trade represents a 7.40% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.67% of the company’s stock.

Citizens Financial Group News Roundup

Here are the key news stories impacting Citizens Financial Group this week:

• Positive Sentiment: Q1 beat: CFG reported EPS $1.13 and revenue $2.17B, with net income up ~39% YoY and strong YoY EPS growth — core drivers were NII and fee income. This is the primary near‑term catalyst for the stock. TMCNet Q1 Results
• Positive Sentiment: Margin expansion & private banking: Analysts and commentary highlight margin expansion and growth in private/wealth channels as sustainable earnings levers, supporting higher earnings estimates. Seeking Alpha Margin Expansion
• Positive Sentiment: Analyst upgrades/price target raises: Multiple firms raised targets (RBC to $70/outperform; Keefe Bruyette & Woods to $72/outperform; Truist to $69/hold), signaling ~7–12% upside from current levels and likely supporting buying interest. Benzinga TickerReport The Fly
• Positive Sentiment: Dividend declared: CFG announced a quarterly dividend of $0.46 (annualized yield ~2.9%) with an ex‑dividend date of Apr 30 — supports income investors and base valuation.
• Neutral Sentiment: Earnings call & deep dive coverage: Transcripts and analyst deep dives (earnings slide deck and call transcripts) provide more detail on capital deployment, credit trends and guidance; useful for modeling forward EPS. Earnings Call Transcript Yahoo Deep Dive
• Negative Sentiment: Rising expenses & uncertainty: Some coverage flagged higher operating expenses and geopolitical/market uncertainty, which trimmed pre‑market gains despite the beat and could pressure near‑term margins if the trend continues. Zacks on Expenses

Analysts Set New Price Targets

A number of brokerages have issued reports on CFG. DA Davidson lifted their target price on shares of Citizens Financial Group from $65.00 to $73.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. Barclays set a $77.00 price target on shares of Citizens Financial Group and gave the stock an “overweight” rating in a research note on Monday, January 5th. New Street Research set a $73.00 price objective on Citizens Financial Group in a report on Thursday, January 22nd. Keefe, Bruyette & Woods lifted their price objective on Citizens Financial Group from $70.00 to $72.00 and gave the company an “outperform” rating in a research report on Friday. Finally, Bank of America boosted their target price on Citizens Financial Group from $70.00 to $78.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. Nineteen investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Citizens Financial Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $70.90.

Citizens Financial Group Profile

Citizens Financial Group, Inc (NYSE: CFG) is a bank holding company that provides a broad range of banking and financial services to individuals, small and middle-market businesses, corporations and institutional clients. Headquartered in Providence, Rhode Island, Citizens conducts its banking operations principally through its primary banking subsidiary, Citizens Bank, and serves customers through a combination of branch locations, ATMs and digital channels. The company is publicly traded and operates under the regulatory framework applicable to U.S.