Hsbc Holdings PLC Boosts Holdings in Cullen/Frost Bankers, Inc. $CFR

Posted by Brian Himes on Jun 27th, 2026

Hsbc Holdings PLC grew its stake in Cullen/Frost Bankers, Inc. (NYSE:CFR – Free Report) by 85.7% during the 4th quarter, Holdings Channel reports. The firm owned 67,379 shares of the bank’s stock after purchasing an additional 31,101 shares during the quarter. Hsbc Holdings PLC’s holdings in Cullen/Frost Bankers were worth $8,564,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Dimensional Fund Advisors LP lifted its position in shares of Cullen/Frost Bankers by 9.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,293,964 shares of the bank’s stock valued at $163,862,000 after acquiring an additional 106,558 shares in the last quarter. Geode Capital Management LLC raised its stake in Cullen/Frost Bankers by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 1,224,265 shares of the bank’s stock valued at $155,059,000 after purchasing an additional 10,246 shares during the last quarter. Bank of America Corp DE raised its stake in Cullen/Frost Bankers by 8.5% in the 3rd quarter. Bank of America Corp DE now owns 1,129,673 shares of the bank’s stock valued at $143,209,000 after purchasing an additional 88,080 shares during the last quarter. Northern Trust Corp lifted its holdings in Cullen/Frost Bankers by 2.3% in the 3rd quarter. Northern Trust Corp now owns 965,821 shares of the bank’s stock valued at $122,437,000 after purchasing an additional 21,793 shares in the last quarter. Finally, First Trust Advisors LP lifted its holdings in Cullen/Frost Bankers by 5.5% in the 4th quarter. First Trust Advisors LP now owns 744,009 shares of the bank’s stock valued at $94,214,000 after purchasing an additional 38,908 shares in the last quarter. Institutional investors and hedge funds own 86.90% of the company’s stock.

Insider Activity at Cullen/Frost Bankers

In related news, EVP Carol Jean Severyn sold 837 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $148.29, for a total value of $124,118.73. Following the transaction, the executive vice president directly owned 12,712 shares in the company, valued at approximately $1,885,062.48. This represents a 6.18% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 1.14% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on CFR shares. Stephens raised shares of Cullen/Frost Bankers from an “equal weight” rating to an “overweight” rating and set a $164.00 target price for the company in a report on Tuesday, May 5th. Weiss Ratings raised shares of Cullen/Frost Bankers from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, March 2nd. Barclays boosted their price target on shares of Cullen/Frost Bankers from $150.00 to $155.00 and gave the stock an “equal weight” rating in a research report on Tuesday, April 7th. Cantor Fitzgerald reiterated a “neutral” rating on shares of Cullen/Frost Bankers in a report on Monday, June 1st. Finally, Morgan Stanley decreased their target price on shares of Cullen/Frost Bankers from $143.00 to $133.00 and set an “underweight” rating on the stock in a research note on Tuesday, March 31st. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $148.73.

View Our Latest Research Report on Cullen/Frost Bankers

Cullen/Frost Bankers Price Performance

Cullen/Frost Bankers stock opened at $155.18 on Friday. Cullen/Frost Bankers, Inc. has a 12-month low of $119.00 and a 12-month high of $155.41. The stock has a market cap of $9.75 billion, a P/E ratio of 15.11, a PEG ratio of 3.86 and a beta of 0.55. The company has a 50-day moving average price of $141.73 and a 200 day moving average price of $138.38. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.05.

Cullen/Frost Bankers (NYSE:CFR – Get Free Report) last issued its earnings results on Thursday, April 30th. The bank reported $2.65 EPS for the quarter, topping analysts’ consensus estimates of $2.49 by $0.16. The company had revenue of $574.84 million for the quarter, compared to the consensus estimate of $587.28 million. Cullen/Frost Bankers had a net margin of 22.86% and a return on equity of 15.58%. During the same period in the previous year, the firm earned $2.30 earnings per share. Sell-side analysts anticipate that Cullen/Frost Bankers, Inc. will post 10.54 earnings per share for the current year.

Cullen/Frost Bankers Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 29th were given a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend was Friday, May 29th. This is a boost from Cullen/Frost Bankers’s previous quarterly dividend of $1.00. Cullen/Frost Bankers’s dividend payout ratio is presently 40.12%.

Cullen/Frost Bankers Profile

(Free Report)

Cullen/Frost Bankers, Inc is the holding company for Frost Bank, a Texas-chartered financial institution whose origins date back to 1868 in San Antonio. As one of the oldest banking organizations in the state, it offers a broad range of services to individuals, small and large businesses, and institutional clients. Core banking activities include commercial lending, deposit services, cash management and trade finance, while consumer products cover residential mortgages, personal lines of credit and home equity loans.

Beyond traditional banking, the company provides comprehensive treasury and equipment leasing solutions tailored to support working capital and capital expenditure requirements.