Portfolio Design Labs LLC Takes Position in Citizens Financial Group, Inc. $CFG

Posted by Brian Himes on Aug 21st, 2026

Portfolio Design Labs LLC acquired a new stake in shares of Citizens Financial Group, Inc. (NYSE:CFG – Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 8,779 shares of the bank’s stock, valued at approximately $615,000.

Other institutional investors have also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in shares of Citizens Financial Group in the second quarter valued at approximately $3,415,046,000. Geode Capital Management LLC boosted its position in Citizens Financial Group by 0.3% during the fourth quarter. Geode Capital Management LLC now owns 11,361,142 shares of the bank’s stock worth $661,052,000 after acquiring an additional 32,264 shares during the last quarter. Morgan Stanley grew its stake in Citizens Financial Group by 2.7% in the 4th quarter. Morgan Stanley now owns 11,217,975 shares of the bank’s stock worth $655,242,000 after acquiring an additional 298,779 shares during the period. Capital International Investors grew its stake in Citizens Financial Group by 32.3% in the 4th quarter. Capital International Investors now owns 8,000,750 shares of the bank’s stock worth $467,389,000 after acquiring an additional 1,953,372 shares during the period. Finally, AQR Capital Management LLC raised its holdings in Citizens Financial Group by 56.9% in the 4th quarter. AQR Capital Management LLC now owns 7,722,559 shares of the bank’s stock valued at $451,075,000 after acquiring an additional 2,799,050 shares during the last quarter. Institutional investors and hedge funds own 94.90% of the company’s stock.

Insider Buying and Selling

In related news, CEO Saun Bruce Van sold 129,369 shares of the firm’s stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $72.07, for a total value of $9,323,623.83. Following the transaction, the chief executive officer owned 1,140,763 shares in the company, valued at approximately $82,214,789.41. This trade represents a 10.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.67% of the company’s stock.

Citizens Financial Group Price Performance

CFG stock opened at $69.77 on Friday. The company has a market cap of $29.39 billion, a PE ratio of 15.13, a price-to-earnings-growth ratio of 0.54 and a beta of 0.67. The company has a current ratio of 0.86, a quick ratio of 0.85 and a debt-to-equity ratio of 0.63. The stock has a 50-day moving average price of $71.10 and a two-hundred day moving average price of $65.53. Citizens Financial Group, Inc. has a 12-month low of $47.96 and a 12-month high of $75.33.

Citizens Financial Group (NYSE:CFG – Get Free Report) last released its quarterly earnings data on Thursday, July 16th. The bank reported $1.30 EPS for the quarter, topping analysts’ consensus estimates of $1.25 by $0.05. The company had revenue of $2.28 billion for the quarter, compared to the consensus estimate of $2.25 billion. Citizens Financial Group had a return on equity of 8.85% and a net margin of 17.18%.The company’s quarterly revenue was up 12.1% compared to the same quarter last year. During the same period last year, the business posted $0.92 EPS. As a group, research analysts predict that Citizens Financial Group, Inc. will post 5.3 EPS for the current year.

Citizens Financial Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 13th. Investors of record on Thursday, July 30th were given a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend was Thursday, July 30th. Citizens Financial Group’s dividend payout ratio is 39.91%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. Robert W. Baird increased their price target on Citizens Financial Group from $72.00 to $75.00 and gave the stock a “neutral” rating in a research note on Friday, July 17th. Barclays upped their target price on Citizens Financial Group from $77.00 to $81.00 and gave the company an “overweight” rating in a research note on Friday, July 17th. Weiss Ratings reiterated a “buy (b)” rating on shares of Citizens Financial Group in a research report on Monday, August 3rd. Jefferies Financial Group raised their price target on Citizens Financial Group from $85.00 to $90.00 and gave the stock a “buy” rating in a research note on Thursday, July 16th. Finally, DA Davidson restated a “neutral” rating on shares of Citizens Financial Group in a report on Friday, August 14th. Sixteen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, Citizens Financial Group presently has a consensus rating of “Moderate Buy” and an average price target of $79.25.

View Our Latest Stock Report on Citizens Financial Group

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.