Castleark Management LLC Acquires 36,250 Shares of Citigroup Inc. $C

Posted by Brenda Bartman on Aug 26th, 2026

Castleark Management LLC raised its holdings in Citigroup Inc. (NYSE:C – Free Report) by 76.3% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 83,734 shares of the company’s stock after buying an additional 36,250 shares during the quarter. Castleark Management LLC’s holdings in Citigroup were worth $11,719,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in C. Geode Capital Management LLC boosted its position in shares of Citigroup by 0.4% in the fourth quarter. Geode Capital Management LLC now owns 43,252,372 shares of the company’s stock valued at $5,036,712,000 after acquiring an additional 189,548 shares during the period. Franklin Resources Inc. increased its position in Citigroup by 4.0% during the fourth quarter. Franklin Resources Inc. now owns 34,196,783 shares of the company’s stock worth $3,990,422,000 after acquiring an additional 1,326,224 shares during the period. Fisher Asset Management LLC increased its position in Citigroup by 2.6% during the fourth quarter. Fisher Asset Management LLC now owns 33,887,285 shares of the company’s stock worth $3,954,307,000 after acquiring an additional 846,772 shares during the period. Bank of America Corp DE raised its stake in Citigroup by 2.8% during the 1st quarter. Bank of America Corp DE now owns 26,869,012 shares of the company’s stock valued at $3,047,215,000 after purchasing an additional 728,043 shares during the last quarter. Finally, Norges Bank acquired a new position in Citigroup during the 4th quarter valued at $2,800,944,000. 71.72% of the stock is owned by institutional investors.

Citigroup Stock Up 1.3%

Shares of C opened at $133.40 on Wednesday. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 1.71. The company has a 50-day moving average price of $136.82 and a two-hundred day moving average price of $126.57. The stock has a market cap of $227.52 billion, a price-to-earnings ratio of 14.41, a P/E/G ratio of 0.59 and a beta of 1.12. Citigroup Inc. has a 12 month low of $92.96 and a 12 month high of $147.96.

Citigroup (NYSE:C – Get Free Report) last released its quarterly earnings data on Tuesday, July 14th. The company reported $3.15 earnings per share for the quarter, beating the consensus estimate of $2.74 by $0.41. Citigroup had a return on equity of 10.15% and a net margin of 10.23%.The company had revenue of $24.77 billion for the quarter, compared to analyst estimates of $23.74 billion. During the same period in the prior year, the company posted $1.96 EPS. The company’s revenue was up 14.5% compared to the same quarter last year. Equities analysts predict that Citigroup Inc. will post 11.2 EPS for the current fiscal year.

Citigroup declared that its Board of Directors has initiated a share buyback plan on Thursday, May 7th that authorizes the company to buyback $30.00 billion in shares. This buyback authorization authorizes the company to repurchase up to 13.7% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s board believes its shares are undervalued.

Citigroup Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Monday, August 3rd will be given a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 2.0%. This is a positive change from Citigroup’s previous quarterly dividend of $0.60. The ex-dividend date is Monday, August 3rd. Citigroup’s dividend payout ratio (DPR) is currently 28.94%.

Citigroup News Roundup

Here are the key news stories impacting Citigroup this week:

Positive Sentiment: Citigroup experienced approximately $223 million in after-hours block trading, along with unusual options activity and bullish call sweeps. The activity suggests increased institutional interest and may have supported buying momentum. Citigroup Sees Unusual Options Activity and $223 Million Block Trade
Positive Sentiment: Citigroup and India’s Axis Bank are partnering to capture more nonresident Indian deposits and increase dollar inflows. The initiative could strengthen Citi’s cross-border banking activity and support deposit growth. Citigroup, Axis Bank Partner to Boost NRI Dollar Inflows
Positive Sentiment: Major banks including Citi are committing billions to affordable housing and expanded U.S. housing supply. The effort could create lending and advisory opportunities while improving Citi’s public-policy and community profile. Big Banks Commit Billions to Boost US Housing Supply
Neutral Sentiment: Recent coverage noted that Citigroup outperformed the broader market during the latest session, but the article primarily reviewed past performance rather than identifying a new earnings or business catalyst. Citigroup Exceeds Market Returns
Neutral Sentiment: Citi reported sustainable-finance commitments of $647.2 billion since 2020 and established new 2030 goals. The update may benefit its long-term franchise and relationships, but has limited immediate impact on earnings. Citi Reports Sustainable Finance Progress
Negative Sentiment: Analyst commentary argues that Citigroup has improved but that much of its valuation upside may already be reflected in the stock, potentially limiting further gains. Citigroup Has Improved, But Upside Is Limited
Negative Sentiment: A Goldman Sachs-versus-Citigroup comparison highlighted Goldman’s stronger earnings momentum, fee-based strategy and growth visibility, despite Goldman’s higher valuation. This may encourage investors seeking growth to favor GS over C. Goldman Versus Citigroup

Analysts Set New Price Targets

C has been the topic of several research analyst reports. Wall Street Zen lowered shares of Citigroup from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Argus set a $150.00 target price on shares of Citigroup in a research note on Wednesday, July 15th. Morgan Stanley lifted their target price on Citigroup from $154.00 to $164.00 and gave the stock an “overweight” rating in a research report on Monday, June 29th. Evercore set a $143.00 price target on Citigroup in a research note on Monday, July 6th. Finally, Keefe, Bruyette & Woods upped their price target on Citigroup from $140.00 to $153.00 and gave the company an “outperform” rating in a report on Friday, May 8th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, Citigroup currently has a consensus rating of “Moderate Buy” and an average price target of $145.22.

Get Our Latest Research Report on Citigroup

Citigroup Profile

(Free Report)

Citigroup Inc is a global financial services company headquartered in New York City with roots tracing back to the City Bank of New York, founded in 1812. The modern Citigroup was created through the 1998 merger of Citicorp and Travelers Group and has since operated as a diversified bank holding company that provides a broad range of banking and financial products and services to consumers, corporations, governments and institutions worldwide.

Citi’s principal businesses include retail and commercial banking, credit card and consumer lending products, wealth management and private banking, and a full suite of institutional services.