Norges Bank Takes $355.91 Million Position in Citizens Financial Group, Inc. $CFG

Posted by Geri Gentry on Jun 3rd, 2026

Norges Bank purchased a new stake in shares of Citizens Financial Group, Inc. (NYSE:CFG – Free Report) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 6,093,287 shares of the bank’s stock, valued at approximately $355,909,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Eurizon Capital SGR S.p.A. bought a new stake in Citizens Financial Group in the 4th quarter worth about $17,489,000. Fideuram Asset Management Ireland dac bought a new stake in shares of Citizens Financial Group during the 4th quarter valued at about $66,000. National Pension Service grew its stake in shares of Citizens Financial Group by 520.7% during the 4th quarter. National Pension Service now owns 839,262 shares of the bank’s stock valued at $49,021,000 after purchasing an additional 704,054 shares during the period. Rothschild Investment LLC grew its stake in shares of Citizens Financial Group by 537.7% during the 4th quarter. Rothschild Investment LLC now owns 9,157 shares of the bank’s stock valued at $535,000 after purchasing an additional 7,721 shares during the period. Finally, United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund bought a new stake in shares of Citizens Financial Group during the 4th quarter valued at about $15,518,000. 94.90% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. Cantor Fitzgerald restated an “overweight” rating and set a $75.00 price target on shares of Citizens Financial Group in a research note on Tuesday, March 3rd. Morgan Stanley cut their price target on Citizens Financial Group from $80.00 to $73.00 and set an “overweight” rating for the company in a research note on Tuesday, March 31st. JPMorgan Chase & Co. boosted their price target on Citizens Financial Group from $68.00 to $68.50 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Citigroup restated a “buy” rating on shares of Citizens Financial Group in a research note on Friday, May 8th. Finally, Royal Bank Of Canada boosted their price target on Citizens Financial Group from $67.00 to $70.00 and gave the company an “outperform” rating in a research note on Friday, April 17th. Nineteen investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, Citizens Financial Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $70.88.

Get Our Latest Analysis on Citizens Financial Group

Citizens Financial Group Stock Down 2.5%

NYSE CFG opened at $60.73 on Tuesday. The stock’s 50 day moving average is $62.47 and its 200 day moving average is $60.56. The company has a current ratio of 0.85, a quick ratio of 0.84 and a debt-to-equity ratio of 0.51. Citizens Financial Group, Inc. has a 12 month low of $39.40 and a 12 month high of $68.79. The stock has a market cap of $25.68 billion, a PE ratio of 14.36, a P/E/G ratio of 0.49 and a beta of 0.70.

Citizens Financial Group (NYSE:CFG – Get Free Report) last released its quarterly earnings data on Thursday, April 16th. The bank reported $1.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 business had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $2.16 billion. During the same quarter in the previous year, the company posted $0.77 EPS. The company’s revenue was up 12.0% compared to the same quarter last year. Research analysts predict that Citizens Financial Group, Inc. will post 5.2 EPS for the current fiscal year.

Citizens Financial Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, May 14th. Stockholders of record on Thursday, April 30th were given a dividend of $0.46 per share. The ex-dividend date of this dividend was Thursday, April 30th. This represents a $1.84 annualized dividend and a dividend yield of 3.0%. Citizens Financial Group’s payout ratio is currently 43.50%.

Insider Activity at Citizens Financial Group

In other news, insider Michelle Moosally sold 6,050 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $62.16, for a total transaction of $376,068.00. Following the transaction, the insider owned 22,565 shares of the company’s stock, valued at approximately $1,402,640.40. The trade was a 21.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Susan Lamonica sold 13,258 shares of the business’s stock in a transaction that occurred 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 directly owned 165,971 shares in the company, valued at approximately $9,632,956.84. This represents a 7.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.67% of the company’s stock.

Citizens Financial Group Profile

(Free Report)

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.