Pictet Asset Management Holding SA Acquires 27,695 Shares of Fifth Third Bancorp $FITB

Posted by Geri Gentry on Nov 12th, 2026

Fifth Third Bancorp logo Pictet Asset Management Holding SA raised its holdings in shares of Fifth Third Bancorp (NASDAQ:FITB – Free Report) by 5.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 508,002 shares of the financial services provider’s stock after acquiring an additional 27,695 shares during the quarter. Pictet Asset Management Holding SA owned approximately 0.06% of Fifth Third Bancorp worth $25,695,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. D.A. Davidson & CO. boosted its stake in shares of Fifth Third Bancorp by 69.7% during the 1st quarter. D.A. Davidson & CO. now owns 50,783 shares of the financial services provider’s stock valued at $2,359,000 after buying an additional 20,862 shares during the period. Bank of America Corp DE purchased a new position in shares of Fifth Third Bancorp during the 2nd quarter valued at $995,717,000. Munich Reinsurance Co Stock Corp in Munich acquired a new position in shares of Fifth Third Bancorp in the second quarter worth $4,222,000. Saudi Central Bank increased its stake in shares of Fifth Third Bancorp by 91.0% in the second quarter. Saudi Central Bank now owns 63,390 shares of the financial services provider’s stock worth $3,573,000 after acquiring an additional 30,201 shares during the last quarter. Finally, Wealthfront Advisers LLC acquired a new position in shares of Fifth Third Bancorp in the second quarter worth $12,698,000. Institutional investors and hedge funds own 83.79% of the company’s stock.

Fifth Third Bancorp Stock Performance

FITB stock opened at $54.41 on Thursday. The firm has a 50 day moving average of $52.69 and a two-hundred day moving average of $52.19. Fifth Third Bancorp has a 12 month low of $40.68 and a 12 month high of $59.50. The company has a market capitalization of $49.16 billion, a price-to-earnings ratio of 18.26, a P/E/G ratio of 1.09 and a beta of 0.98. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.59.

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

Fifth Third Bancorp Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were issued a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 3.1%. This is an increase 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 is 57.53%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Keefe, Bruyette & Woods increased their price objective on Fifth Third Bancorp from $58.00 to $60.00 and gave the stock a “market perform” rating in a report on Monday, July 20th. Evercore upgraded Fifth Third Bancorp from an “in-line” rating to an “outperform” rating and set a $60.00 target price on the stock in a research note on Wednesday, October 21st. JPMorgan Chase & Co. upped their target price on Fifth Third Bancorp from $58.00 to $60.00 and gave the stock an “overweight” rating in a research report on Friday, October 30th. TD Cowen initiated coverage on Fifth Third Bancorp in a research note on Thursday, October 8th. They set a “buy” rating and a $60.00 price target for the company. Finally, Argus upgraded Fifth Third Bancorp to a “strong-buy” rating in a report on Wednesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, Fifth Third Bancorp presently has an average rating of “Moderate Buy” and a consensus target price of $60.87.

Read Our Latest Analysis on Fifth Third Bancorp

Insider Buying and Selling at Fifth Third Bancorp

In other Fifth Third Bancorp news, EVP Jude Schramm sold 20,000 shares of the business’s stock in a transaction dated Monday, October 26th. The stock was sold at an average price of $53.14, for a total value of $1,062,800.00. Following the completion of the sale, the executive vice president owned 121,460 shares of the company’s stock, valued at $6,454,384.40. The trade was a 14.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.51% of the stock is owned by corporate insiders.

Fifth Third Bancorp Company Profile

(Free Report)

Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. Through its principal subsidiary, Fifth Third Bank, it provides consumer and commercial banking, lending, payment processing, and wealth and asset management services. The company traces its roots to 1858 and took the Fifth Third name following the 1908 merger of Fifth National Bank and Third National Bank. Its banking operations serve individuals, businesses, and communities across parts of the Midwest and Southeast, including Ohio, Florida, Georgia, Illinois, Indiana, Kentucky, Michigan, North Carolina, South Carolina, Tennessee, and West Virginia.