Caisse de depot et placement du Quebec Buys Shares of 1,840,161 Fifth Third Bancorp $FITB

Posted by on Aug 27th, 2026

Caisse de depot et placement du Quebec bought a new position in shares of Fifth Third Bancorp (NASDAQ:FITB – Free Report) during the 2nd quarter, HoldingsChannel reports. The firm bought 1,840,161 shares of the financial services provider’s stock, valued at approximately $103,730,000.

A number of other large investors have also recently made changes to their positions in the stock. Center for Financial Planning Inc. purchased a new position in shares of Fifth Third Bancorp in the first quarter valued at $25,000. SouthState Bank Corp lifted its holdings in Fifth Third Bancorp by 74.7% during the 1st quarter. SouthState Bank Corp now owns 552 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 236 shares in the last quarter. Monetary Solutions Ltd purchased a new stake in Fifth Third Bancorp during the 4th quarter worth about $29,000. Clearstead Trust LLC bought a new position in Fifth Third Bancorp in the 2nd quarter worth about $29,000. Finally, Leonteq Securities AG bought a new position in Fifth Third Bancorp in the 4th quarter worth about $30,000. 83.79% of the stock is owned by institutional investors.

Fifth Third Bancorp Price Performance

Shares of NASDAQ FITB opened at $55.22 on Thursday. The firm has a market capitalization of $50.08 billion, a P/E ratio of 18.53, a P/E/G ratio of 1.09 and a beta of 0.91. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.59. The stock’s 50-day simple moving average is $56.66 and its two-hundred day simple moving average is $52.00. Fifth Third Bancorp has a twelve month low of $40.04 and a twelve month high of $59.50.

Fifth Third Bancorp (NASDAQ:FITB – Get Free Report) last released its quarterly earnings results on Friday, July 17th. The financial services provider reported $0.83 earnings per share for the quarter, missing the consensus estimate of $0.84 by ($0.01). The business had revenue of $3.26 billion during the quarter, compared to analysts’ expectations of $3.24 billion. Fifth Third Bancorp had a net margin of 15.89% and a return on equity of 12.39%. The business’s revenue was up 45.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.88 EPS. As a group, equities analysts anticipate that Fifth Third Bancorp will post 4.1 EPS for the current fiscal year.

Fifth Third Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend was Tuesday, June 30th. Fifth Third Bancorp’s dividend payout ratio (DPR) is currently 54.61%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Bank of America upped their price target on Fifth Third Bancorp from $63.00 to $65.00 and gave the company a “buy” rating in a research report on Monday, July 20th. Evercore set a $60.00 price objective on shares of Fifth Third Bancorp in a research report on Monday, July 6th. Argus raised shares of Fifth Third Bancorp to a “strong-buy” rating in a research note on Wednesday, July 22nd. JPMorgan Chase & Co. upped their target price on shares of Fifth Third Bancorp from $61.00 to $62.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Finally, Zacks Research cut shares of Fifth Third Bancorp from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 11th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, Fifth Third Bancorp presently has an average rating of “Moderate Buy” and a consensus target price of $60.54.

Check Out Our Latest Stock Report on Fifth Third Bancorp

Fifth Third Bancorp Company Profile

(Free Report)

Fifth Third Bancorp is a Cincinnati, Ohio–based bank holding company whose primary banking subsidiary operates as Fifth Third Bank. The company provides a broad range of financial services to individual consumers, small businesses, middle-market companies and large corporations. Its business mix includes retail and commercial banking, lending, payment and card services, treasury and cash management, and wealth management and investment advisory services delivered through a combination of branch locations, commercial offices and digital platforms.

On the consumer side, Fifth Third offers deposit accounts, consumer loans, mortgages, auto financing and credit card products, along with digital banking and mobile services.

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Institutional Ownership by Quarter for Fifth Third Bancorp (NASDAQ:FITB)

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