TRB Wealth Management LLC Invests $3.92 Million in Cullen/Frost Bankers, Inc. $CFR

TRB Wealth Management LLC bought a new position in shares of Cullen/Frost Bankers, Inc. (NYSE:CFR) in the second quarter, according to the company in its most recent filing with the SEC. The firm bought 25,364 shares of the bank’s stock, valued at approximately $3,919,000. Cullen/Frost Bankers makes up approximately 0.5% of TRB Wealth Management LLC’s investment portfolio, making the stock its 22nd biggest position.

Several other institutional investors have also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in Cullen/Frost Bankers in the second quarter valued at about $1,133,453,000. Dimensional Fund Advisors LP increased its holdings in shares of Cullen/Frost Bankers by 18.3% during the first quarter. Dimensional Fund Advisors LP now owns 1,530,772 shares of the bank’s stock worth $209,833,000 after buying an additional 236,808 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Cullen/Frost Bankers by 0.8% in the fourth quarter. Geode Capital Management LLC now owns 1,224,265 shares of the bank’s stock valued at $155,059,000 after acquiring an additional 10,246 shares during the last quarter. Bank of America Corp DE raised its stake in shares of Cullen/Frost Bankers by 11.8% in the first quarter. Bank of America Corp DE now owns 1,210,722 shares of the bank’s stock valued at $165,966,000 after acquiring an additional 127,483 shares during the last quarter. Finally, Northern Trust Corp boosted its holdings in shares of Cullen/Frost Bankers by 2.3% in the 3rd quarter. Northern Trust Corp now owns 965,821 shares of the bank’s stock worth $122,437,000 after acquiring an additional 21,793 shares in the last quarter. 86.90% of the stock is owned by institutional investors.

Key Headlines Impacting Cullen/Frost Bankers

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

• Positive Sentiment: Zacks raised its earnings outlook across several periods. The firm increased its FY2026 EPS estimate to $10.82 from $10.15 and its FY2027 forecast to $10.45 from $10.22. It also lifted estimates for Q3 2026, Q4 2026, Q1 2027, Q2 2027, Q3 2027 and Q1 2028. These revisions indicate improving expectations for Cullen/Frost’s profitability. Zacks maintained a “Strong-Buy” rating. Zacks earnings estimate revisions
• Positive Sentiment: Cantor Fitzgerald expects CFR shares to rise. The analyst’s constructive view adds to the positive research sentiment surrounding the regional bank and may encourage investor interest. Cullen/Frost Bankers stock price expected to rise
• Neutral Sentiment: A value comparison with Prosperity Bancshares provides context but no clear new catalyst. Investors are evaluating whether CFR or Prosperity Bancshares offers the better value opportunity. CFR trades at roughly 15.5 times earnings, while its shares remain above their 50-day and 200-day moving averages, suggesting the stock may not be viewed as deeply discounted after its strong yearly performance. PB versus CFR value comparison
• Neutral Sentiment: One estimate was trimmed. Zacks lowered its Q4 2027 EPS forecast to $2.75 from $2.80, a modest negative adjustment that is outweighed by the broader set of upward revisions. Cullen/Frost Bankers estimate update

Cullen/Frost Bankers Price Performance

Shares of CFR stock opened at $164.07 on Friday. Cullen/Frost Bankers, Inc. has a 1 year low of $119.00 and a 1 year high of $170.80. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.05. The firm’s 50 day moving average is $159.63 and its 200-day moving average is $146.64. The firm has a market capitalization of $10.20 billion, a price-to-earnings ratio of 15.51, a PEG ratio of 2.53 and a beta of 0.53.

Cullen/Frost Bankers (NYSE:CFR) last issued its quarterly earnings results on Thursday, July 30th. The bank reported $2.70 earnings per share for the quarter, beating analysts’ consensus estimates of $2.55 by $0.15. Cullen/Frost Bankers had a net margin of 23.34% and a return on equity of 15.55%. The business had revenue of $576.01 million during the quarter, compared to analyst estimates of $589.72 million. During the same quarter last year, the business posted $2.39 earnings per share. Sell-side analysts forecast that Cullen/Frost Bankers, Inc. will post 10.9 EPS for the current fiscal year.

Cullen/Frost Bankers Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be given a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Monday, August 31st. Cullen/Frost Bankers’s dividend payout ratio (DPR) is presently 38.94%.

Analysts Set New Price Targets

A number of research firms recently commented on CFR. Stephens increased their price target on Cullen/Frost Bankers from $169.00 to $183.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Zacks Research upgraded Cullen/Frost Bankers from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 5th. TD Cowen boosted their price objective on Cullen/Frost Bankers from $169.00 to $185.00 and gave the stock a “buy” rating in a research note on Monday, August 3rd. DA Davidson increased their target price on Cullen/Frost Bankers from $143.00 to $144.00 and gave the stock a “neutral” rating in a report on Monday, May 4th. Finally, Barclays raised their target price on Cullen/Frost Bankers from $155.00 to $160.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 7th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $161.75.

Insider Activity at Cullen/Frost Bankers

In other news, EVP Carol Jean Severyn sold 837 shares of Cullen/Frost Bankers stock in a transaction on Friday, June 12th. The stock was sold at an average price of $148.29, for a total value of $124,118.73. Following the completion of the sale, the executive vice president directly owned 12,712 shares of the company’s stock, valued at approximately $1,885,062.48. This trade represents a 6.18% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.14% of the company’s stock.

Cullen/Frost Bankers Company Profile

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.