35,867 Shares of Citizens Financial Group, Inc. $CFG Acquired by Peoples Financial Services CORP.

Posted by Brenda Bartman on Oct 20th, 2026

Peoples Financial Services CORP. purchased a new stake in Citizens Financial Group, Inc. (NYSE:CFG – Free Report) in the third quarter, HoldingsChannel.com reports. The institutional investor purchased 35,867 shares of the bank’s stock, valued at approximately $2,287,000.

A number of other institutional investors and hedge funds also recently modified their holdings of CFG. BlackRock Inc. acquired a new stake in shares of Citizens Financial Group in the second quarter valued at approximately $3,415,046,000. Assenagon Asset Management S.A. raised its stake in Citizens Financial Group by 1,252.4% in the 3rd 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 acquired a new stake in Citizens Financial Group in the 2nd quarter worth about $223,386,000. Legal & General Group Plc bought a new stake in Citizens Financial Group in the 2nd quarter valued at about $207,234,000. Finally, Nykredit A S bought a new stake in Citizens Financial Group in the 2nd quarter valued at about $188,380,000. 94.90% of the stock is owned by institutional investors.

Insider Buying and Selling at Citizens Financial Group

In related news, CEO Bruce Van Saun sold 129,369 shares of Citizens Financial Group stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $72.07, for a total transaction of $9,323,623.83. Following the transaction, the chief executive officer owned 1,140,763 shares of the company’s stock, valued at $82,214,789.41. The trade was a 10.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.67% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. JPMorgan Chase & Co. decreased their target price on shares of Citizens Financial Group from $78.00 to $72.50 and set an “overweight” rating on the stock in a research report on Friday, October 2nd. Citigroup lifted their price target on Citizens Financial Group from $78.00 to $84.00 and gave the company a “buy” rating in a research note on Monday, July 20th. Royal Bank Of Canada lowered their price objective on shares of Citizens Financial Group from $79.00 to $74.00 and set an “outperform” rating for the company in a research report on Monday. Evercore reiterated an “outperform” rating and issued a $78.00 target price on shares of Citizens Financial Group in a research report on Thursday, October 1st. Finally, Cantor Fitzgerald reduced their price objective on shares of Citizens Financial Group from $84.00 to $78.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 14th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $77.97.

View Our Latest Research Report on Citizens Financial Group

Citizens Financial Group Stock Up 2.2%

CFG traded up $1.37 during midday trading on Tuesday, hitting $64.13. The company had a trading volume of 2,136,739 shares, compared to its average volume of 4,622,415. The stock’s 50 day moving average price is $67.83 and its 200 day moving average price is $67.13. Citizens Financial Group, Inc. has a 52 week low of $49.00 and a 52 week high of $75.33. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.74. The company has a market capitalization of $27.01 billion, a price-to-earnings ratio of 12.90, a PEG ratio of 0.58 and a beta of 0.72.

Citizens Financial Group (NYSE:CFG – Get Free Report) last announced 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. Citizens Financial Group had a return on equity of 9.52% and a net margin of 18.07%. The business had revenue of $2.32 billion for the quarter, compared to analyst estimates of $2.34 billion. During the same quarter in the prior year, the company earned $1.05 earnings per share. On average, research analysts anticipate that Citizens Financial Group, Inc. will post 5.29 earnings per share for the current fiscal year.

Citizens Financial Group Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 13th. Investors of record on Friday, October 30th will be given a $0.52 dividend. This represents a $2.08 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend is Friday, October 30th. This is a positive change from Citizens Financial Group’s previous quarterly dividend of $0.46. Citizens Financial Group’s payout ratio is 37.02%.

Citizens Financial Group 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 consumers, small businesses, middle-market companies, large corporations and institutional clients.

The company offers consumer deposit accounts, residential mortgages, home equity financing, credit cards, personal loans and other lending products. Its commercial banking activities include business loans, equipment financing, treasury management, capital markets services and investment banking.