Vontobel Holding Ltd. Purchases 911,144 Shares of Citizens Financial Group, Inc. $CFG

Posted by Geri Gentry on Oct 17th, 2026

Vontobel Holding Ltd. lifted its position in shares of Citizens Financial Group, Inc. (NYSE:CFG – Free Report) by 3,270.7% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 939,002 shares of the bank’s stock after purchasing an additional 911,144 shares during the quarter. Vontobel Holding Ltd.’s holdings in Citizens Financial Group were worth $59,871,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. BlackRock Inc. acquired a new stake in Citizens Financial Group in the 2nd quarter valued at approximately $3,415,046,000. Assenagon Asset Management S.A. lifted its position in shares of Citizens Financial Group by 1,252.4% in the third quarter. Assenagon Asset Management S.A. now owns 9,204,563 shares of the bank’s stock worth $586,883,000 after purchasing an additional 8,523,938 shares in the last quarter. Bank of America Corp DE bought a new stake in shares of Citizens Financial Group in the second quarter worth $223,386,000. Legal & General Group Plc acquired a new position in Citizens Financial Group during the second quarter worth $207,234,000. Finally, Nykredit A S acquired a new position in Citizens Financial Group during the second quarter worth $188,380,000. 94.90% of the stock is currently owned by institutional investors.

Insider Activity at Citizens Financial Group

In other news, CEO Bruce Van Saun sold 129,369 shares of Citizens Financial Group stock in a transaction dated 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 completion of the transaction, the chief executive officer owned 1,140,763 shares of the company’s stock, valued at $82,214,789.41. This trade represents a 10.19% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.67% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on CFG shares. Citigroup lifted their price target on shares of Citizens Financial Group from $78.00 to $84.00 and gave the company a “buy” rating in a research note on Monday, July 20th. Jefferies Financial Group increased their price objective on shares of Citizens Financial Group from $85.00 to $90.00 and gave the stock a “buy” rating in a research note on Thursday, July 16th. Argus set a $80.00 price objective on Citizens Financial Group in a report on Wednesday, July 29th. UBS Group lowered their target price on Citizens Financial Group from $82.00 to $77.00 and set a “buy” rating on the stock in a research report on Monday, October 5th. Finally, Cantor Fitzgerald dropped their target price on Citizens Financial Group from $84.00 to $78.00 and set an “overweight” rating on the stock in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, Citizens Financial Group presently has an average rating of “Moderate Buy” and a consensus target price of $79.08.

Check Out Our Latest Research Report on CFG

Key Headlines Impacting Citizens Financial Group

Here are the key news stories impacting Citizens Financial Group this week:

Positive Sentiment: Third-quarter net income rose 29% year over year to $636 million, while EPS increased 34% year over year and 8% sequentially to $1.41. The result exceeded consensus estimates of $1.39 and was well above the $1.05 reported in the prior-year quarter. Citizens Financial Group Reports Third Quarter 2026 Results
Positive Sentiment: Higher net interest income supported the earnings beat, and management highlighted improved credit quality. These trends suggest better core banking profitability and reduced near-term credit-loss pressure. CFG Stock Up as Q3 Earnings Top Estimates
Positive Sentiment: Citizens increased its dividend by 13%, improving the stock’s income appeal and signaling confidence in capital generation and future earnings. CFG Stock Up as Q3 Earnings Top Estimates, Dividend Hiked
Neutral Sentiment: The earnings call and company release provide additional detail on quarterly performance and management’s outlook, but investors are balancing strong profitability against uneven revenue trends. Citizens Financial Group Q3 2026 Earnings Call Transcript
Negative Sentiment: Revenue missed expectations, primarily because capital-markets fees declined. The shortfall helps explain why the market response was less favorable than the EPS beat alone might suggest. Citizens Financial Q3 Earnings Beat, Revenue Misses
Negative Sentiment: Cantor Fitzgerald issued a pessimistic forecast for CFG, adding an additional source of downside pressure despite the quarterly earnings beat. Cantor Fitzgerald Issues Pessimistic Forecast

Citizens Financial Group Stock Down 0.1%

Shares of NYSE:CFG traded down $0.04 during midday trading on Friday, hitting $63.39. The stock had a trading volume of 9,449,449 shares, compared to its average volume of 4,404,958. The company has a market cap of $26.70 billion, a P/E ratio of 13.75, a PEG ratio of 0.58 and a beta of 0.72. Citizens Financial Group, Inc. has a 12 month low of $48.31 and a 12 month high of $75.33. The business’s 50-day simple moving average is $68.03 and its 200-day simple moving average is $67.04. The company has a quick ratio of 0.85, a current ratio of 0.86 and a debt-to-equity ratio of 0.63.

Citizens Financial Group (NYSE:CFG – Get Free Report) last posted its quarterly earnings results on Friday, October 16th. The bank reported $1.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.39 by $0.02. The firm had revenue of $2.32 billion for the quarter, compared to analyst estimates of $2.34 billion. Citizens Financial Group had a net margin of 17.18% and a return on equity of 8.85%. During the same period in the prior year, the firm posted $1.05 earnings per share. On average, sell-side analysts forecast that Citizens Financial Group, Inc. will post 5.29 earnings per share for the current fiscal year.

Citizens Financial Group Company Profile

(Free Report)

Citizens Financial Group, Inc is a bank holding company headquartered in Providence, Rhode Island. Its principal subsidiary, Citizens Bank, provides banking and financial services to individuals, families, businesses and institutions through branches, digital channels and other delivery platforms.

The company’s consumer banking activities include checking and savings accounts, residential mortgages, home equity lending, credit cards, personal loans and other lending products. Through its commercial banking operations, Citizens provides business loans, commercial real estate financing, treasury management, capital markets services and other solutions for companies and institutional clients.