First Citizens BancShares (NASDAQ:FCNCA) Rating Lowered to Strong Sell at Autonomous Res

Posted by Geri Gentry on Jul 2nd, 2026

First Citizens BancShares (NASDAQ:FCNCA – Get Free Report) was downgraded by equities research analysts at Autonomous Res from a “hold” rating to a “strong sell” rating in a research note issued to investors on Tuesday,Zacks.com reports.

A number of other analysts have also recently issued reports on FCNCA. Deutsche Bank Aktiengesellschaft cut shares of First Citizens BancShares from a “buy” rating to a “hold” rating and set a $2,154.00 price objective for the company. in a research note on Wednesday, April 8th. JPMorgan Chase & Co. increased their price target on First Citizens BancShares from $2,150.00 to $2,350.00 and gave the stock a “neutral” rating in a research note on Wednesday. Weiss Ratings cut First Citizens BancShares from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 22nd. Wall Street Zen upgraded First Citizens BancShares from a “sell” rating to a “hold” rating in a research report on Saturday, June 27th. Finally, TD Cowen cut their target price on First Citizens BancShares from $2,500.00 to $2,300.00 and set a “buy” rating for the company in a research report on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $2,243.75.

Check Out Our Latest Research Report on FCNCA

First Citizens BancShares Stock Up 2.0%

NASDAQ FCNCA opened at $2,121.63 on Tuesday. First Citizens BancShares has a 52 week low of $1,623.76 and a 52 week high of $2,232.21. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.67. The company has a market capitalization of $24.58 billion, a P/E ratio of 12.20, a price-to-earnings-growth ratio of 1.59 and a beta of 0.62. The stock’s 50-day moving average price is $2,018.55 and its 200-day moving average price is $2,022.45.

First Citizens BancShares (NASDAQ:FCNCA – Get Free Report) last released its earnings results on Thursday, April 23rd. The bank reported $44.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $43.31 by $1.55. First Citizens BancShares had a net margin of 15.62% and a return on equity of 11.48%. The company had revenue of $2.14 billion during the quarter, compared to analyst estimates of $2.20 billion. During the same period in the prior year, the firm posted $37.79 EPS. On average, equities research analysts predict that First Citizens BancShares will post 175.42 earnings per share for the current year.

Insider Buying and Selling

In related news, CEO Frank B. Holding, Jr. acquired 528 shares of the company’s stock in a transaction on Friday, June 5th. The stock was acquired at an average price of $1,813.37 per share, with a total value of $957,459.36. Following the acquisition, the chief executive officer directly owned 64,100 shares of the company’s stock, valued at approximately $116,237,017. This trade represents a 0.83% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. In the last 90 days, insiders have acquired 7,190 shares of company stock valued at $12,573,868. 14.63% of the stock is owned by insiders.

Institutional Investors Weigh In On First Citizens BancShares

Hedge funds have recently made changes to their positions in the company. Allworth Financial LP boosted its stake in First Citizens BancShares by 21.7% during the third quarter. Allworth Financial LP now owns 28 shares of the bank’s stock valued at $51,000 after buying an additional 5 shares during the last quarter. MBL Wealth LLC raised its holdings in shares of First Citizens BancShares by 0.8% during the 4th quarter. MBL Wealth LLC now owns 622 shares of the bank’s stock worth $1,335,000 after acquiring an additional 5 shares in the last quarter. Venturi Wealth Management LLC boosted its position in shares of First Citizens BancShares by 2.6% during the 1st quarter. Venturi Wealth Management LLC now owns 233 shares of the bank’s stock valued at $439,000 after acquiring an additional 6 shares during the last quarter. Corient Private Wealth LLC grew its holdings in shares of First Citizens BancShares by 0.6% in the second quarter. Corient Private Wealth LLC now owns 1,049 shares of the bank’s stock valued at $2,051,000 after purchasing an additional 6 shares in the last quarter. Finally, Kingswood Wealth Advisors LLC grew its holdings in shares of First Citizens BancShares by 3.0% in the fourth quarter. Kingswood Wealth Advisors LLC now owns 242 shares of the bank’s stock valued at $519,000 after purchasing an additional 7 shares in the last quarter. 78.01% of the stock is currently owned by hedge funds and other institutional investors.

About First Citizens BancShares

(Get Free Report)

First Citizens BancShares, Inc is the bank holding company for First Citizens Bank, a full‑service commercial bank headquartered in Raleigh, North Carolina. The company traces its roots to a community bank founded in 1898 and has grown into a diversified financial services organization that operates through its banking subsidiary to serve retail, commercial and institutional clients.

First Citizens offers a broad suite of banking products and services, including consumer and business deposit accounts, commercial and industrial lending, real estate and mortgage lending, treasury and cash management, and specialized lending solutions.