284,550 Citizens Financial Group, Inc. $CFG Shares Purchased by 1834 Investment Advisors Co.

Key Points

• 1834 Investment Advisors increased its Citizens Financial Group stake by 2,023% in the third quarter, purchasing 284,550 additional shares and bringing its holdings to 298,616 shares valued at approximately $19.04 million.
• Citizens Financial Group reported third-quarter EPS of $1.41, beating estimates of $1.39 and rising from $1.05 a year earlier. Net income increased 29% year over year, supported by higher net interest income and improved credit quality, although revenue fell short of expectations.
• Analysts maintain a generally positive view, with the stock carrying a “Moderate Buy” consensus rating and a $79.08 average price target versus a recent price of $63.39. The company also raised its dividend by 13%, while CEO Bruce Van Saun recently sold 129,369 shares.

1834 Investment Advisors Co. grew its position in shares of Citizens Financial Group, Inc. (NYSE:CFG - Free Report) by 2,023.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 298,616 shares of the bank's stock after purchasing an additional 284,550 shares during the period. Citizens Financial Group makes up 1.8% of 1834 Investment Advisors Co.'s portfolio, making the stock its 16th biggest holding. 1834 Investment Advisors Co. owned about 0.07% of Citizens Financial Group worth $19,040,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. USA Financial Formulas purchased a new stake in shares of Citizens Financial Group in the 3rd quarter valued at about $429,000. Sterling Investment Management LLC purchased a new position in shares of Citizens Financial Group during the third quarter worth about $2,164,000. New England Research & Management Inc. increased its position in shares of Citizens Financial Group by 69.6% in the third quarter. New England Research & Management Inc. now owns 37,707 shares of the bank's stock worth $2,404,000 after purchasing an additional 15,475 shares during the last quarter. Vontobel Holding Ltd. increased its position in shares of Citizens Financial Group by 3,270.7% in the third quarter. Vontobel Holding Ltd. now owns 939,002 shares of the bank's stock worth $59,871,000 after purchasing an additional 911,144 shares during the last quarter. Finally, Mosley Wealth Management bought a new position in shares of Citizens Financial Group in the third quarter worth approximately $37,000. Institutional investors own 94.90% of the company's stock.

Citizens Financial Group Stock Performance

NYSE:CFG opened at $63.39 on Friday. The business has a 50 day moving average of $68.03 and a 200 day moving average of $67.04. The company has a market capitalization of $26.70 billion, a price-to-earnings ratio of 12.75, a PEG ratio of 0.58 and a beta of 0.72. Citizens Financial Group, Inc. has a 1-year low of $48.31 and a 1-year high of $75.33. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.86 and a quick ratio of 0.85.

Citizens Financial Group (NYSE:CFG - Get Free Report) last issued its earnings results on Friday, October 16th. The bank reported $1.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.39 by $0.02. Citizens Financial Group had a return on equity of 8.85% and a net margin of 17.18%. The business had revenue of $2.32 billion during the quarter, compared to analyst estimates of $2.34 billion. During the same quarter in the prior year, the firm earned $1.05 earnings per share. On average, sell-side analysts predict that Citizens Financial Group, Inc. will post 5.29 earnings per share for the current fiscal year.

Insider Activity at Citizens Financial Group

In other news, CEO Bruce Van Saun sold 129,369 shares of the business's stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $72.07, for a total value of $9,323,623.83. Following the completion of the sale, the chief executive officer directly owned 1,140,763 shares in the company, valued at approximately $82,214,789.41. The trade was a 10.19% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.67% of the company's stock.

Key Citizens Financial Group News

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

• Positive Sentiment: Third-quarter net income rose 29% year over year to $636 million, while EPS increased 34% year over year and 8% sequentially to $1.41. The result exceeded consensus estimates of $1.39 and was well above the $1.05 reported in the prior-year quarter. Citizens Financial Group Reports Third Quarter 2026 Results
• Positive Sentiment: Higher net interest income supported the earnings beat, and management highlighted improved credit quality. These trends suggest better core banking profitability and reduced near-term credit-loss pressure. CFG Stock Up as Q3 Earnings Top Estimates
• Positive Sentiment: Citizens increased its dividend by 13%, improving the stock’s income appeal and signaling confidence in capital generation and future earnings. CFG Stock Up as Q3 Earnings Top Estimates, Dividend Hiked
• Neutral Sentiment: The earnings call and company release provide additional detail on quarterly performance and management’s outlook, but investors are balancing strong profitability against uneven revenue trends. Citizens Financial Group Q3 2026 Earnings Call Transcript
• Negative Sentiment: Revenue missed expectations, primarily because capital-markets fees declined. The shortfall helps explain why the market response was less favorable than the EPS beat alone might suggest. Citizens Financial Q3 Earnings Beat, Revenue Misses
• Negative Sentiment: Cantor Fitzgerald issued a pessimistic forecast for CFG, adding an additional source of downside pressure despite the quarterly earnings beat. Cantor Fitzgerald Issues Pessimistic Forecast

Wall Street Analyst Weigh In

A number of equities analysts have commented on CFG shares. Raymond James Financial reissued a "strong-buy" rating on shares of Citizens Financial Group in a research note on Friday. Evercore restated an "outperform" rating and set a $78.00 price objective on shares of Citizens Financial Group in a research report on Thursday, October 1st. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Citizens Financial Group in a report on Monday, August 3rd. Robert W. Baird lifted their price objective on shares of Citizens Financial Group from $72.00 to $75.00 and gave the stock a "neutral" rating in a report on Friday, July 17th. Finally, Barclays upped their target price on shares of Citizens Financial Group from $77.00 to $81.00 and gave the stock an "overweight" rating in a research report on Friday, July 17th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $79.08.

Citizens Financial Group Profile

Citizens Financial Group, Inc is a bank holding company headquartered in Providence, Rhode Island. Its principal subsidiary, Citizens Bank, provides banking and financial services to individuals, families, businesses and institutions through branches, digital channels and other delivery platforms.

The company's consumer banking activities include checking and savings accounts, residential mortgages, home equity lending, credit cards, personal loans and other lending products. Through its commercial banking operations, Citizens provides business loans, commercial real estate financing, treasury management, capital markets services and other solutions for companies and institutional clients.

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