Clark Capital Management Group Inc. Lowers Stock Holdings in Sumitomo Mitsui Financial Group Inc $SMFG

Posted by Brenda Bartman on Jun 17th, 2026

Clark Capital Management Group Inc. trimmed its position in Sumitomo Mitsui Financial Group Inc (NYSE:SMFG – Free Report) by 0.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,105,864 shares of the bank’s stock after selling 37,260 shares during the quarter. Clark Capital Management Group Inc.’s holdings in Sumitomo Mitsui Financial Group were worth $79,366,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. PFS Partners LLC purchased a new stake in shares of Sumitomo Mitsui Financial Group in the fourth quarter worth about $27,000. Pin Oak Investment Advisors Inc. purchased a new stake in shares of Sumitomo Mitsui Financial Group in the third quarter worth about $29,000. Sound Income Strategies LLC increased its position in shares of Sumitomo Mitsui Financial Group by 76.8% in the fourth quarter. Sound Income Strategies LLC now owns 1,404 shares of the bank’s stock worth $30,000 after purchasing an additional 610 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of Sumitomo Mitsui Financial Group by 163.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,979 shares of the bank’s stock worth $30,000 after purchasing an additional 1,227 shares during the last quarter. Finally, Park Square Financial Group LLC increased its position in shares of Sumitomo Mitsui Financial Group by 58.0% in the fourth quarter. Park Square Financial Group LLC now owns 1,629 shares of the bank’s stock worth $31,000 after purchasing an additional 598 shares during the last quarter. 3.85% of the stock is owned by hedge funds and other institutional investors.

Sumitomo Mitsui Financial Group Price Performance

Shares of NYSE SMFG opened at $24.13 on Wednesday. Sumitomo Mitsui Financial Group Inc has a one year low of $14.40 and a one year high of $24.60. The firm’s 50 day simple moving average is $21.98 and its two-hundred day simple moving average is $21.00. The stock has a market capitalization of $153.92 billion, a P/E ratio of 18.01, a PEG ratio of 0.66 and a beta of 0.43.

Sumitomo Mitsui Financial Group (NYSE:SMFG – Get Free Report) last issued its quarterly earnings results on Tuesday, March 31st. The bank reported $0.18 EPS for the quarter. Sumitomo Mitsui Financial Group had a net margin of 15.68% and a return on equity of 10.57%. The business had revenue of $7.31 billion for the quarter. As a group, equities analysts expect that Sumitomo Mitsui Financial Group Inc will post 1.83 earnings per share for the current fiscal year.

Analysts Set New Price Targets

SMFG has been the topic of several research analyst reports. Wall Street Zen cut shares of Sumitomo Mitsui Financial Group from a “buy” rating to a “hold” rating in a research report on Saturday, March 28th. Weiss Ratings restated a “hold (c)” rating on shares of Sumitomo Mitsui Financial Group in a research report on Friday, May 22nd. Finally, Zacks Research upgraded shares of Sumitomo Mitsui Financial Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 21st. Two analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy”.

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About Sumitomo Mitsui Financial Group

(Free Report)

Sumitomo Mitsui Financial Group, Inc (SMFG) is a Tokyo-based financial holding company that provides a broad range of banking and financial services through a network of domestic and international subsidiaries. Established in 2002 as a holding company for the Sumitomo Mitsui banking operations, SMFG’s core banking business is conducted primarily through its main operating bank, Sumitomo Mitsui Banking Corporation (SMBC), alongside other affiliates covering trust banking, securities, leasing and consumer finance.

The group’s product and service mix spans corporate and commercial banking, retail deposit and loan services, trade and project finance, cash management, syndicated lending, foreign exchange and treasury services, and capital markets and investment banking activities through its securities arm.