Citigroup Inc. $C Stock: Western Financial Corp CA Increases Position

Western Financial Corp CA grew its stake in Citigroup Inc. (NYSE:C) by 87.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,660 shares of the company’s stock after purchasing an additional 5,442 shares during the period. Western Financial Corp CA’s holdings in Citigroup were worth $1,510,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Whipplewood Advisors LLC acquired a new position in shares of Citigroup during the first quarter worth about $25,000. Paladin Partners LLC acquired a new stake in Citigroup in the second quarter valued at about $27,000. TD Capital Management LLC acquired a new stake in Citigroup in the fourth quarter valued at about $28,000. IMG Wealth Management Inc. boosted its holdings in Citigroup by 197.6% in the 1st quarter. IMG Wealth Management Inc. now owns 244 shares of the company’s stock valued at $28,000 after purchasing an additional 162 shares in the last quarter. Finally, Scarborough Advisors LLC purchased a new stake in Citigroup in the 1st quarter valued at approximately $29,000. Hedge funds and other institutional investors own 71.72% of the company’s stock.

Citigroup Price Performance

Shares of C stock traded down $2.00 during midday trading on Wednesday, reaching $122.53. 13,662,142 shares of the company traded hands, compared to its average volume of 12,474,144. The firm’s 50 day simple moving average is $133.46 and its two-hundred day simple moving average is $131.64. The firm has a market cap of $208.99 billion, a PE ratio of 13.23, a price-to-earnings-growth ratio of 0.58 and a beta of 1.13. The company has a debt-to-equity ratio of 1.71, a current ratio of 0.99 and a quick ratio of 0.99. Citigroup Inc. has a 1-year low of $95.00 and a 1-year high of $147.96.

Citigroup (NYSE:C) last released its quarterly earnings results on Tuesday, October 13th. The company reported $2.85 earnings per share for the quarter, topping analysts’ consensus estimates of $2.65 by $0.20. The business had revenue of $23.84 billion for the quarter, compared to analysts’ expectations of $23.72 billion. Citigroup had a return on equity of 10.15% and a net margin of 10.23%. The company’s revenue was up 7.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.86 EPS. On average, equities research analysts expect that Citigroup Inc. will post 11.19 EPS for the current fiscal year.

Citigroup Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Monday, August 3rd were given a dividend of $0.67 per share. The ex-dividend date was Monday, August 3rd. This is a positive change from Citigroup’s previous quarterly dividend of $0.60. This represents a $2.68 dividend on an annualized basis and a yield of 2.2%. Citigroup’s dividend payout ratio (DPR) is presently 28.94%.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on C shares. Argus set a $150.00 target price on Citigroup in a research report on Wednesday, July 15th. Bank of America raised their price target on Citigroup from $170.00 to $176.00 and gave the company a “buy” rating in a report on Tuesday, July 7th. Wells Fargo & Company raised their price target on Citigroup from $162.00 to $165.00 and gave the company an “overweight” rating in a report on Thursday, June 18th. Keefe, Bruyette & Woods restated an “outperform” rating on shares of Citigroup in a research note on Wednesday. Finally, JPMorgan Chase & Co. dropped their price objective on Citigroup from $149.00 to $147.00 and set an “overweight” rating on the stock in a report on Friday, October 2nd. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, Citigroup presently has a consensus rating of “Moderate Buy” and a consensus price target of $150.79.

Key Headlines Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citigroup reported third-quarter earnings of $2.85 per share on $23.85 billion of revenue, exceeding estimates of approximately $2.65 per share and $23.72 billion. Net income rose 40% year over year to $5.2 billion, while revenue increased 7.9% to its highest third-quarter level in a decade. Reuters Citigroup earnings report
• Positive Sentiment: Services and Wealth revenue each grew 15%, Markets revenue increased 6%, and management raised its 2026 profitability outlook. Citi also returned $4.1 billion to shareholders through dividends and buybacks, supporting the turnaround narrative. Citigroup Q3 earnings call highlights
• Neutral Sentiment: Royal Bank of Canada maintained an “outperform” rating but lowered its Citigroup price target from $150 to $135, reflecting more cautious valuation expectations despite projected upside. RBC Citigroup price target update
• Negative Sentiment: Investors questioned the sustainability of the beat because trading and investment-banking gains helped results but weakened sequentially. Management also indicated fourth-quarter trading could decline sharply, while higher credit-loss provisions, a flat U.S. card business and pulled-forward restructuring costs clouded the outlook. MarketBeat Citi stock analysis
• Negative Sentiment: Analysts have cut forecasts or price targets following the results, citing macroeconomic pressure, rising borrowing costs, net-interest-income compression and weaker capital metrics. Unusually heavy put-option activity also indicates increased short-term hedging or bearish sentiment. Citigroup analyst forecast revisions

Citigroup Profile

Citigroup Inc is a global financial services company headquartered in New York City and listed on the New York Stock Exchange under the symbol C. Through its subsidiaries and businesses, Citi provides banking, lending, investment, payments, wealth management and other financial services to consumers, businesses, governments and institutional clients.

Citi’s principal businesses include Services, which supports institutional clients with treasury, trade, securities services and related solutions; Markets, which provides sales, trading, research and financing services; Banking, which offers investment banking and corporate banking; and Wealth, which provides private banking and wealth management.