Citizens Financial Group, Inc. $CFG Stake Lessened by Sterling Capital Management LLC

Posted by Geri Gentry on Jul 1st, 2026

Sterling Capital Management LLC lessened its holdings in Citizens Financial Group, Inc. (NYSE:CFG – Free Report) by 43.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,460 shares of the bank’s stock after selling 10,988 shares during the period. Sterling Capital Management LLC’s holdings in Citizens Financial Group were worth $867,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Norges Bank acquired a new position in Citizens Financial Group during the fourth quarter valued at $355,909,000. AQR Capital Management LLC boosted its position in Citizens Financial Group by 56.9% during the 4th quarter. AQR Capital Management LLC now owns 7,722,559 shares of the bank’s stock worth $451,075,000 after acquiring an additional 2,799,050 shares during the period. Victory Capital Management Inc. boosted its position in Citizens Financial Group by 89.4% during the 4th quarter. Victory Capital Management Inc. now owns 4,731,592 shares of the bank’s stock worth $276,372,000 after acquiring an additional 2,232,806 shares during the period. Amundi grew its stake in Citizens Financial Group by 136.4% during the 4th quarter. Amundi now owns 3,513,388 shares of the bank’s stock valued at $205,217,000 after acquiring an additional 2,027,255 shares in the last quarter. Finally, Capital International Investors grew its stake in Citizens Financial Group by 32.3% during the 4th quarter. Capital International Investors now owns 8,000,750 shares of the bank’s stock valued at $467,389,000 after acquiring an additional 1,953,372 shares in the last quarter. Institutional investors and hedge funds own 94.90% of the company’s stock.

Citizens Financial Group Price Performance

NYSE CFG opened at $70.07 on Wednesday. The company has a quick ratio of 0.84, a current ratio of 0.85 and a debt-to-equity ratio of 0.51. The stock has a market capitalization of $29.63 billion, a PE ratio of 16.57, a price-to-earnings-growth ratio of 0.56 and a beta of 0.68. The company has a 50 day moving average price of $64.77 and a two-hundred day moving average price of $62.52. Citizens Financial Group, Inc. has a 12-month low of $44.64 and a 12-month high of $71.21.

Citizens Financial Group (NYSE:CFG – Get Free Report) last announced its quarterly earnings results on Thursday, April 16th. The bank reported $1.13 EPS for the quarter, topping the consensus estimate of $1.10 by $0.03. The company had revenue of $2.17 billion for the quarter, compared to analyst estimates of $2.16 billion. Citizens Financial Group had a net margin of 16.21% and a return on equity of 8.31%. Citizens Financial Group’s quarterly revenue was up 12.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.77 EPS. As a group, equities analysts predict that Citizens Financial Group, Inc. will post 5.2 earnings per share for the current fiscal year.

Citizens Financial Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 14th. Shareholders of record on Thursday, April 30th were given a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend was Thursday, April 30th. Citizens Financial Group’s dividend payout ratio is presently 43.50%.

Insiders Place Their Bets

In other Citizens Financial Group news, insider Michelle Moosally sold 6,050 shares of the firm’s stock in a transaction dated 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 directly owned 22,565 shares in the company, valued at $1,402,640.40. This trade represents a 21.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.67% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on CFG. Robert W. Baird raised shares of Citizens Financial Group from a “neutral” rating to an “outperform” rating and set a $65.00 price target for the company in a research report on Monday, March 9th. Morgan Stanley increased their target price on shares of Citizens Financial Group from $73.00 to $79.00 and gave the stock an “overweight” rating in a research report on Monday. JPMorgan Chase & Co. lifted their target price on shares of Citizens Financial Group from $68.00 to $68.50 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Keefe, Bruyette & Woods boosted their price target on shares of Citizens Financial Group from $70.00 to $72.00 and gave the company an “outperform” rating in a report on Friday, April 17th. Finally, Citigroup upped their price target on shares of Citizens Financial Group from $75.00 to $78.00 and gave the stock a “buy” rating in a research note on Tuesday, June 23rd. Eighteen equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $71.64.

Read Our Latest Stock Report on Citizens Financial Group

Citizens Financial Group Company 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.