Cullen/Frost Bankers, Inc. $CFR Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. trimmed its position in shares of Cullen/Frost Bankers, Inc. (NYSE:CFR) by 0.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 6,490,753 shares of the bank’s stock after selling 40,262 shares during the quarter. Vanguard Group Inc. owned approximately 0.10% of Cullen/Frost Bankers worth $822,833,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Root Financial Partners LLC acquired a new position in shares of Cullen/Frost Bankers during the 3rd quarter worth $26,000. GoalVest Advisory LLC purchased a new position in Cullen/Frost Bankers during the 3rd quarter valued at about $28,000. Hantz Financial Services Inc. raised its position in Cullen/Frost Bankers by 8,800.0% during the second quarter. Hantz Financial Services Inc. now owns 267 shares of the bank’s stock worth $34,000 after acquiring an additional 264 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of Cullen/Frost Bankers by 105.2% in the third quarter. Farther Finance Advisors LLC now owns 355 shares of the bank’s stock valued at $45,000 after purchasing an additional 182 shares in the last quarter. Finally, Geneos Wealth Management Inc. grew its position in shares of Cullen/Frost Bankers by 40.8% in the first quarter. Geneos Wealth Management Inc. now owns 366 shares of the bank’s stock valued at $46,000 after purchasing an additional 106 shares during the last quarter. Hedge funds and other institutional investors own 86.90% of the company’s stock.

Key Cullen/Frost Bankers News

Here are the key news stories impacting Cullen/Frost Bankers this week:

• Positive Sentiment: Zacks lifted its FY2026 estimate to $9.83 (from $9.68), raised FY2027 to $10.16 (from $9.72) and set FY2028 at $11.09 — sizable multi-year upward revisions that can support a higher valuation for CFR. Zacks estimate updates
• Positive Sentiment: Zacks also bumped several quarterly EPS forecasts across 2026–2027 (examples: Q1–Q4 2026 raised to ~$2.38–$2.59 range; Q2–Q4 2027 and Q3 2027 notably higher). These recurring quarter upgrades suggest the firm expects continued earnings momentum. Zacks quarterly detail
• Neutral Sentiment: Consensus and valuation context: consensus full‑year EPS on some services still sits near $8.85, so Zacks is noticeably more bullish; CFR trades at a mid‑teens P/E (~14.7) with a low debt/equity profile, meaning earnings upgrades can be meaningful for price if validated. Company snapshot
• Negative Sentiment: Recall the last quarter: CFR beat EPS estimates but reported revenue slightly below expectations — a reminder that top‑line growth and margin drivers still matter; future beats will be needed to sustain multiple expansion. Recent earnings

Analyst Ratings Changes

A number of research analysts have recently weighed in on CFR shares. Weiss Ratings reissued a “hold (c)” rating on shares of Cullen/Frost Bankers in a research note on Monday, December 29th. Barclays boosted their price target on Cullen/Frost Bankers from $140.00 to $150.00 and gave the stock an “equal weight” rating in a report on Friday, January 30th. DA Davidson increased their price objective on Cullen/Frost Bankers from $136.00 to $144.00 and gave the company a “neutral” rating in a research note on Friday, January 30th. Royal Bank Of Canada boosted their target price on shares of Cullen/Frost Bankers from $144.00 to $150.00 and gave the company a “sector perform” rating in a research note on Friday, January 30th. Finally, Keefe, Bruyette & Woods upped their target price on shares of Cullen/Frost Bankers from $150.00 to $160.00 and gave the company an “outperform” rating in a report on Friday, January 30th. Three research analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, Cullen/Frost Bankers presently has an average rating of “Hold” and an average price target of $140.92.

Cullen/Frost Bankers Stock Up 0.5%

Shares of NYSE:CFR opened at $145.54 on Monday. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.05. The firm has a market cap of $9.20 billion, a price-to-earnings ratio of 14.67, a PEG ratio of 5.34 and a beta of 0.64. The stock’s 50-day moving average price is $136.70 and its two-hundred day moving average price is $129.64. Cullen/Frost Bankers, Inc. has a 12-month low of $100.31 and a 12-month high of $148.97.

Cullen/Frost Bankers (NYSE:CFR) last posted its quarterly earnings data on Thursday, January 29th. The bank reported $2.56 EPS for the quarter, beating analysts’ consensus estimates of $2.47 by $0.09. Cullen/Frost Bankers had a net margin of 22.21% and a return on equity of 15.49%. The company had revenue of $562.58 million during the quarter, compared to the consensus estimate of $578.05 million. During the same quarter in the prior year, the company posted $2.36 EPS. On average, research analysts forecast that Cullen/Frost Bankers, Inc. will post 8.85 EPS for the current year.

Cullen/Frost Bankers Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 27th will be paid a dividend of $1.00 per share. The ex-dividend date of this dividend is Friday, February 27th. This represents a $4.00 dividend on an annualized basis and a yield of 2.7%. Cullen/Frost Bankers’s dividend payout ratio (DPR) is currently 40.32%.

Insider Buying and Selling

In other news, EVP Bobby Berman sold 1,000 shares of the company’s stock in a transaction on Friday, January 30th. The stock was sold at an average price of $137.07, for a total transaction of $137,070.00. Following the completion of the sale, the executive vice president directly owned 28,406 shares in the company, valued at $3,893,610.42. This represents a 3.40% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Coolidge E. Rhodes, Jr. sold 700 shares of the stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $127.00, for a total value of $88,900.00. Following the completion of the transaction, the executive vice president directly owned 3,795 shares in the company, valued at $481,965. This trade represents a 15.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 1,700 shares of company stock worth $225,970. 1.20% of the stock is currently owned by insiders.

About Cullen/Frost Bankers

Cullen/Frost Bankers, Inc is the holding company for Frost Bank, a Texas-chartered financial institution whose origins date back to 1868 in San Antonio. As one of the oldest banking organizations in the state, it offers a broad range of services to individuals, small and large businesses, and institutional clients. Core banking activities include commercial lending, deposit services, cash management and trade finance, while consumer products cover residential mortgages, personal lines of credit and home equity loans.

Beyond traditional banking, the company provides comprehensive treasury and equipment leasing solutions tailored to support working capital and capital expenditure requirements.