Fifth Third Bancorp $FITB Shares Newly Purchased by Norris Perne & French LLP MI

Posted by Brenda Bartman on Oct 25th, 2026

Fifth Third Bancorp logo Norris Perne & French LLP MI purchased a new position in Fifth Third Bancorp (NASDAQ:FITB – Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 10,947 shares of the financial services provider’s stock, valued at approximately $554,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Wellington Management Group LLP grew its stake in Fifth Third Bancorp by 20.2% during the 2nd quarter. Wellington Management Group LLP now owns 23,653,758 shares of the financial services provider’s stock valued at $1,333,362,000 after purchasing an additional 3,972,795 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in Fifth Third Bancorp during the 2nd quarter worth approximately $1,324,903,000. Bank of America Corp DE purchased a new stake in Fifth Third Bancorp during the 2nd quarter worth approximately $995,717,000. Dimensional Fund Advisors LP boosted its stake in shares of Fifth Third Bancorp by 30.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 10,918,284 shares of the financial services provider’s stock valued at $507,151,000 after buying an additional 2,569,479 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Fifth Third Bancorp by 16.6% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 7,384,087 shares of the financial services provider’s stock valued at $416,241,000 after buying an additional 1,049,520 shares during the last quarter. Hedge funds and other institutional investors own 83.79% of the company’s stock.

Fifth Third Bancorp Trading Down 0.3%

Shares of NASDAQ FITB opened at $53.05 on Friday. 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 moving average price is $52.96 and its two-hundred day moving average price is $53.10. Fifth Third Bancorp has a 52-week low of $40.68 and a 52-week high of $59.50. The stock has a market capitalization of $48.11 billion, a P/E ratio of 17.80, a PEG ratio of 1.09 and a beta of 0.97.

Fifth Third Bancorp (NASDAQ:FITB – Get Free Report) last issued its earnings results on Monday, October 19th. The financial services provider reported $1.13 EPS for the quarter, topping the consensus estimate of $0.86 by $0.27. Fifth Third Bancorp had a return on equity of 12.39% and a net margin of 15.89%. The company had revenue of $3.28 billion during the quarter, compared to analyst estimates of $3.34 billion. During the same quarter last year, the firm earned $0.91 EPS. The business’s revenue was up 42.4% on a year-over-year basis. On average, analysts anticipate that Fifth Third Bancorp will post 4.10 earnings per share for the current fiscal year.

Fifth Third Bancorp Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Wednesday, September 30th were paid a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 3.2%. This is a boost from Fifth Third Bancorp’s previous quarterly dividend of $0.40. The ex-dividend date was Wednesday, September 30th. Fifth Third Bancorp’s dividend payout ratio (DPR) is 57.53%.

Analysts Set New Price Targets

A number of analysts recently issued reports on the stock. TD Cowen started coverage on shares of Fifth Third Bancorp in a research note on Thursday, October 8th. They issued a “buy” rating and a $60.00 price target for the company. Citigroup increased their price objective on shares of Fifth Third Bancorp from $62.00 to $63.00 and gave the company a “buy” rating in a research note on Thursday. Stephens decreased their price objective on shares of Fifth Third Bancorp from $61.00 to $59.00 and set an “equal weight” rating for the company in a report on Wednesday. DA Davidson raised their price objective on shares of Fifth Third Bancorp from $63.00 to $65.00 and gave the stock a “buy” rating in a report on Monday, July 20th. Finally, Morgan Stanley boosted their target price on shares of Fifth Third Bancorp from $60.00 to $64.00 and gave the stock an “overweight” rating in a research report on Monday, June 29th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $60.77.

Read Our Latest Report on Fifth Third Bancorp

Fifth Third Bancorp Profile

(Free Report)

Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. Its principal subsidiary, Fifth Third Bank, provides banking and financial services to individuals, businesses, government entities and institutional clients.

The company’s offerings include checking and savings accounts, consumer and commercial lending, mortgages, credit and debit cards, treasury management, cash management and payment-processing services. Through its wealth and asset management businesses, Fifth Third also provides investment management, brokerage, trust, private banking and financial planning services.

Fifth Third primarily serves customers across the Midwest and Southeast, with a branch and banking-center network spanning states including Ohio, Florida, Georgia, Illinois, Indiana, Kentucky, Michigan, North Carolina, South Carolina, Tennessee and West Virginia.