Legal & General Group Plc Has $195.63 Million Stock Holdings in Fifth Third Bancorp $FITB

Legal & General Group Plc raised its position in Fifth Third Bancorp (NASDAQ:FITB) by 1.9% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 4,391,148 shares of the financial services provider’s stock after acquiring an additional 83,666 shares during the period. Legal & General Group Plc owned about 0.66% of Fifth Third Bancorp worth $195,626,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Wealthquest Corp grew its stake in shares of Fifth Third Bancorp by 2.3% during the 3rd quarter. Wealthquest Corp now owns 11,068 shares of the financial services provider’s stock worth $493,000 after acquiring an additional 244 shares in the last quarter. Capital Investment Advisory Services LLC lifted its position in shares of Fifth Third Bancorp by 1.1% in the third quarter. Capital Investment Advisory Services LLC now owns 22,686 shares of the financial services provider’s stock worth $1,011,000 after purchasing an additional 251 shares in the last quarter. CENTRAL TRUST Co lifted its position in shares of Fifth Third Bancorp by 4.1% in the second quarter. CENTRAL TRUST Co now owns 6,620 shares of the financial services provider’s stock worth $272,000 after purchasing an additional 260 shares in the last quarter. Foster & Motley Inc. boosted its holdings in Fifth Third Bancorp by 1.7% during the third quarter. Foster & Motley Inc. now owns 15,981 shares of the financial services provider’s stock worth $712,000 after purchasing an additional 265 shares during the last quarter. Finally, Trust Co. of Vermont boosted its holdings in Fifth Third Bancorp by 17.9% during the third quarter. Trust Co. of Vermont now owns 1,761 shares of the financial services provider’s stock worth $78,000 after purchasing an additional 267 shares during the last quarter. Institutional investors and hedge funds own 83.79% of the company’s stock.

Fifth Third Bancorp News Roundup

Here are the key news stories impacting Fifth Third Bancorp this week:

• Positive Sentiment: Management says AI has materially improved productivity — CEO reportedly said the firm “doubled in size with 20% fewer headcount,” signaling meaningful cost efficiencies and higher operating leverage potential. FITB has doubled in size with 20% fewer headcount because of AI
• Positive Sentiment: CEO says ~60% of employees use an AI tool in daily workflows, reinforcing the company’s efficiency narrative and potential margin upside if adoption continues. Fifth Third Bank CEO: 60% of the company’s employees use AI
• Positive Sentiment: Analyst pieces highlighting FITB’s dividend and relative valuation may attract income-oriented buyers—supports a longer-term bullish case if fundamentals stabilize. Fifth Third Bancorp (FITB) Could Be a Great Choice
• Neutral Sentiment: Management presented at the RBC Financial Institutions Conference and released a transcript — useful for digging into guidance and integration details but not a direct catalyst by itself. Fifth Third Bancorp Presents at RBC Conference (transcript)
• Negative Sentiment: The company trimmed its 2026 non‑interest (fee) income outlook and updated Comerica integration progress while raising its synergy target — the cut to fee income outlook was cited as the main near-term driver of the stock decline. FITB Stock Dips on Lower 2026 Fee Income Outlook, Raises Synergy Target
• Negative Sentiment: Company issued soft Q1 guidance, which analysts and traders treated as a near-term earnings risk and pressured the share price. Stock slides after soft Q1 guidance
• Negative Sentiment: Two law firms have launched fiduciary-duty investigations (Lowey Dannenberg and Scott+Scott) into the board/officers, raising governance and litigation risk that can weigh on sentiment and create potential legal costs. Lowey Dannenberg investigation Scott+Scott investigation
• Negative Sentiment: CEO Tim Spence received a pay raise after the Comerica acquisition; combined with governance probes, this may heighten shareholder concerns about executive compensation and board oversight. CEO pay raise after Comerica acquisition

Analysts Set New Price Targets

Several brokerages have issued reports on FITB. Argus lifted their price target on shares of Fifth Third Bancorp from $49.00 to $58.00 in a research note on Thursday, January 22nd. Wall Street Zen downgraded shares of Fifth Third Bancorp from a “hold” rating to a “sell” rating in a research note on Saturday, February 7th. Barclays raised their price objective on Fifth Third Bancorp from $51.00 to $61.00 and gave the company an “overweight” rating in a report on Monday, January 5th. Piper Sandler lifted their target price on Fifth Third Bancorp from $50.00 to $57.00 and gave the company an “overweight” rating in a research report on Wednesday, January 21st. Finally, Weiss Ratings upgraded Fifth Third Bancorp from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, February 26th. Seventeen investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, Fifth Third Bancorp presently has an average rating of “Moderate Buy” and an average target price of $56.91.

Fifth Third Bancorp Price Performance

NASDAQ:FITB opened at $43.59 on Friday. Fifth Third Bancorp has a 12-month low of $32.25 and a 12-month high of $55.44. The firm has a market capitalization of $39.47 billion, a price-to-earnings ratio of 12.31, a P/E/G ratio of 0.91 and a beta of 0.96. The stock’s 50 day moving average price is $50.53 and its two-hundred day moving average price is $46.59. The company has a quick ratio of 0.82, a current ratio of 0.83 and a debt-to-equity ratio of 0.68.

About Fifth Third Bancorp

Fifth Third Bancorp is a Cincinnati, Ohio–based bank holding company whose primary banking subsidiary operates as Fifth Third Bank. The company provides a broad range of financial services to individual consumers, small businesses, middle-market companies and large corporations. Its business mix includes retail and commercial banking, lending, payment and card services, treasury and cash management, and wealth management and investment advisory services delivered through a combination of branch locations, commercial offices and digital platforms.

On the consumer side, Fifth Third offers deposit accounts, consumer loans, mortgages, auto financing and credit card products, along with digital banking and mobile services.