Citizens Financial Group, Inc. $CFG Shares Sold by Hsbc Holdings PLC

Hsbc Holdings PLC cut its position in shares of Citizens Financial Group, Inc. (NYSE:CFG) by 17.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,579,301 shares of the bank’s stock after selling 339,375 shares during the period. Hsbc Holdings PLC’s holdings in Citizens Financial Group were worth $94,641,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Parallel Advisors LLC increased its holdings in shares of Citizens Financial Group by 2.9% during the 4th quarter. Parallel Advisors LLC now owns 6,078 shares of the bank’s stock worth $355,000 after buying an additional 172 shares during the last quarter. AA Financial Advisors LLC grew its holdings in shares of Citizens Financial Group by 3.9% in the fourth quarter. AA Financial Advisors LLC now owns 4,657 shares of the bank’s stock valued at $272,000 after purchasing an additional 174 shares in the last quarter. Inscription Capital LLC grew its stake in shares of Citizens Financial Group by 1.6% in the fourth quarter. Inscription Capital LLC now owns 10,902 shares of the bank’s stock worth $637,000 after acquiring an additional 175 shares in the last quarter. Clear Harbor Asset Management LLC increased its holdings in Citizens Financial Group by 0.9% during the 4th quarter. Clear Harbor Asset Management LLC now owns 19,694 shares of the bank’s stock worth $1,150,000 after purchasing an additional 175 shares during the period. Finally, Grove Bank & Trust increased its stake in shares of Citizens Financial Group by 19.8% during the fourth quarter. Grove Bank & Trust now owns 1,107 shares of the bank’s stock worth $65,000 after buying an additional 183 shares during the period. 94.90% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on CFG. Keefe, Bruyette & Woods lifted their price objective on shares of Citizens Financial Group from $75.00 to $90.00 and gave the stock an “outperform” rating in a research report on Friday. Jefferies Financial Group upped their price objective on Citizens Financial Group from $85.00 to $90.00 and gave the stock a “buy” rating in a research report on Thursday. Morgan Stanley increased their price objective on Citizens Financial Group from $73.00 to $79.00 and gave the company an “overweight” rating in a report on Monday, June 29th. Robert W. Baird raised their target price on Citizens Financial Group from $72.00 to $75.00 and gave the stock a “neutral” rating in a research report on Friday. Finally, Truist Financial boosted their target price on Citizens Financial Group from $69.00 to $72.00 and gave the stock a “hold” rating in a research note on Wednesday, June 24th. Sixteen analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $77.85.

Insider Transactions at Citizens Financial Group

In related news, insider Michelle Moosally sold 6,050 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $62.16, for a total transaction of $376,068.00. Following the transaction, the insider owned 22,565 shares in the company, valued at $1,402,640.40. This trade represents a 21.14% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.67% of the stock is owned by corporate insiders.

Citizens Financial Group News Roundup

Here are the key news stories impacting Citizens Financial Group this week:

• Positive Sentiment: Citizens Financial reported better-than-expected Q2 2026 results, with EPS of $1.30 versus $1.25 expected and revenue of $2.28 billion versus $2.25 billion expected, driven by stronger net interest income and fee growth. Reuters article
• Positive Sentiment: The company said net income rose 35% year over year to $587 million and EPS increased 41% year over year, reinforcing momentum in profitability. Business Wire article
• Positive Sentiment: Several analysts raised price targets after the earnings release, including Keefe, Bruyette & Woods to $90, RBC to $79, Barclays to $81, and Baird to $75, signaling improving Wall Street sentiment. Benzinga article
• Positive Sentiment: Analysts also highlighted a raised net interest margin outlook and solid private bank growth, which may support expectations for continued earnings strength. Read More.
• Positive Sentiment: The company declared a quarterly dividend of $0.46 per share, underscoring capital return to shareholders.

Citizens Financial Group Price Performance

Shares of CFG opened at $72.34 on Monday. Citizens Financial Group, Inc. has a 1-year low of $45.90 and a 1-year high of $74.70. The stock has a market cap of $30.59 billion, a PE ratio of 15.69, a price-to-earnings-growth ratio of 0.60 and a beta of 0.67. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.86 and a quick ratio of 0.85. The firm has a fifty day moving average price of $66.42 and a 200 day moving average price of $63.62.

Citizens Financial Group (NYSE:CFG) last issued its quarterly earnings data on Thursday, July 16th. The bank reported $1.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.25 by $0.05. The company had revenue of $2.28 billion for the quarter, compared to analyst estimates of $2.25 billion. Citizens Financial Group had a return on equity of 8.85% and a net margin of 17.18%.The business’s quarterly revenue was up 12.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.92 earnings per share. As a group, sell-side analysts anticipate that Citizens Financial Group, Inc. will post 5.25 EPS for the current year.

Citizens Financial Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 13th. Investors of record on Thursday, July 30th will be given a $0.46 dividend. The ex-dividend date of this dividend is Thursday, July 30th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 2.5%. Citizens Financial Group’s dividend payout ratio is 39.91%.

Citizens Financial Group Company Profile

Citizens Financial Group, Inc (NYSE: CFG) is a bank holding company that provides a broad range of banking and financial services to individuals, small and middle-market businesses, corporations and institutional clients. Headquartered in Providence, Rhode Island, Citizens conducts its banking operations principally through its primary banking subsidiary, Citizens Bank, and serves customers through a combination of branch locations, ATMs and digital channels. The company is publicly traded and operates under the regulatory framework applicable to U.S.