PNC Financial Services Group Inc. Increases Holdings in Citigroup Inc. $C

PNC Financial Services Group Inc. increased its position in Citigroup Inc. (NYSE:C) by 4.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 416,872 shares of the company’s stock after purchasing an additional 18,029 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Citigroup were worth $42,313,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. FMB Wealth Management raised its holdings in shares of Citigroup by 4.1% in the third quarter. FMB Wealth Management now owns 2,618 shares of the company’s stock valued at $266,000 after acquiring an additional 103 shares in the last quarter. Tritonpoint Wealth LLC increased its position in Citigroup by 2.1% during the 3rd quarter. Tritonpoint Wealth LLC now owns 4,989 shares of the company’s stock valued at $506,000 after purchasing an additional 104 shares during the period. Onyx Bridge Wealth Group LLC raised its holdings in shares of Citigroup by 3.6% in the 2nd quarter. Onyx Bridge Wealth Group LLC now owns 3,117 shares of the company’s stock valued at $265,000 after purchasing an additional 109 shares in the last quarter. Highline Wealth Partners LLC lifted its position in shares of Citigroup by 35.3% in the 3rd quarter. Highline Wealth Partners LLC now owns 418 shares of the company’s stock worth $42,000 after purchasing an additional 109 shares during the period. Finally, Fullcircle Wealth LLC lifted its position in shares of Citigroup by 0.9% in the 2nd quarter. Fullcircle Wealth LLC now owns 13,097 shares of the company’s stock worth $1,206,000 after purchasing an additional 111 shares during the period. 71.72% of the stock is owned by institutional investors.

Trending Headlines about Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citi research activity highlighted by analysts raising a biotech target — shows active, credible research output that can support fee business and client flows. Citi Raises Roivant Sciences (ROIV) PT to $35 Following Positive Phase 2 Brepocitinib Data
• Neutral Sentiment: National political and policy friction (DHS/oversight standoff and partial government shutdown risks) remains a background macro risk that can amplify market volatility and affect bank trading volumes and risk sentiment. Democrats and the Trump administration dig in over DHS oversight, offering no signs of a deal to end the partial government shutdown
• Neutral Sentiment: Broader market theme — a software/SaaS selloff driven by AI disruption fears — is pressuring equity markets and could reduce deal activity or trading flows that benefit large banks like Citi. (Sector context from recent MarketBeat coverage.)
• Negative Sentiment: Citigroup warned investors to expect a “more volatile bull market” and noted AI could compress corporate margins; that cautious messaging likely dampened investor appetite for bank risk exposure and weighed on C’s share price today. Citigroup (C) Tells Investors to Expect a ‘More Volatile Bull Market’
• Neutral Sentiment: Unrelated crypto and corporate headlines (e.g., Kraken sponsoring Wyoming “Trump Accounts”) are market curiosities but unlikely to meaningfully impact Citigroup’s fundamentals. Kraken sponsors Trump Accounts in Wyoming, citing crypto alignment

Wall Street Analyst Weigh In

C has been the topic of several research reports. HSBC reissued a “buy” rating and set a $87.00 price objective on shares of Citigroup in a report on Wednesday, January 7th. Oppenheimer increased their target price on Citigroup from $141.00 to $144.00 and gave the company an “outperform” rating in a research report on Thursday, January 15th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $121.00 price target on shares of Citigroup in a report on Thursday, January 15th. Barclays upped their price objective on Citigroup from $115.00 to $146.00 and gave the stock an “overweight” rating in a research note on Monday, January 5th. Finally, Keefe, Bruyette & Woods raised their price objective on Citigroup from $118.00 to $131.00 and gave the company an “outperform” rating in a research report on Wednesday, December 17th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, Citigroup presently has an average rating of “Moderate Buy” and a consensus price target of $126.19.

Insider Activity at Citigroup

In related news, insider Cantu Ernesto Torres sold 43,173 shares of the firm’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $111.09, for a total value of $4,796,088.57. Following the completion of the transaction, the insider owned 45,835 shares in the company, valued at $5,091,810.15. This trade represents a 48.50% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.08% of the company’s stock.

Citigroup Trading Down 0.3%

Shares of NYSE:C opened at $110.77 on Tuesday. The business’s 50-day moving average is $116.43 and its 200 day moving average is $104.91. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.00 and a quick ratio of 0.99. Citigroup Inc. has a 1 year low of $55.51 and a 1 year high of $125.16. The firm has a market capitalization of $198.19 billion, a P/E ratio of 15.89, a P/E/G ratio of 0.71 and a beta of 1.18.

Citigroup (NYSE:C) last issued its quarterly earnings results on Wednesday, January 14th. The company reported $1.81 earnings per share for the quarter, topping the consensus estimate of $1.65 by $0.16. Citigroup had a return on equity of 8.28% and a net margin of 8.50%.The business had revenue of $19.87 billion during the quarter, compared to the consensus estimate of $20.99 billion. During the same quarter last year, the company earned $1.34 earnings per share. The company’s quarterly revenue was up 2.1% on a year-over-year basis. On average, research analysts predict that Citigroup Inc. will post 7.53 earnings per share for the current fiscal year.

Citigroup Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Monday, February 2nd will be paid a dividend of $0.60 per share. The ex-dividend date is Monday, February 2nd. This represents a $2.40 dividend on an annualized basis and a yield of 2.2%. Citigroup’s dividend payout ratio is presently 34.43%.

Citigroup Company Profile

Citigroup Inc is a global financial services company headquartered in New York City with roots tracing back to the City Bank of New York, founded in 1812. The modern Citigroup was created through the 1998 merger of Citicorp and Travelers Group and has since operated as a diversified bank holding company that provides a broad range of banking and financial products and services to consumers, corporations, governments and institutions worldwide.

Citi’s principal businesses include retail and commercial banking, credit card and consumer lending products, wealth management and private banking, and a full suite of institutional services.