Pathward Financial, Inc. $CASH Shares Sold by Citigroup Inc.

Key Points

• Citigroup Inc. cut its stake in Pathward Financial by 25.3% in Q3, selling 11,465 shares and leaving it with 33,901 shares valued at about $2.51 million.
• Analysts are broadly positive: the consensus rating is "Buy" with a $97.00 average price target after upgrades from Keefe, Bruyette & Woods and Weiss Ratings.
• Pathward beat quarterly EPS estimates with $1.57, set FY2026 guidance of 8.55–9.05 EPS, declared a $0.05 quarterly dividend (0.2% yield), and CEO Brett Pharr sold 15,641 shares, cutting his stake by 16.66%.

Citigroup Inc. lowered its stake in shares of Pathward Financial, Inc. (NASDAQ:CASH - Free Report) by 25.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 33,901 shares of the savings and loans company's stock after selling 11,465 shares during the quarter. Citigroup Inc. owned 0.15% of Pathward Financial worth $2,509,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. Seros Financial LLC acquired a new position in Pathward Financial during the 3rd quarter worth $481,003,000. Revolve Wealth Partners LLC purchased a new position in shares of Pathward Financial in the 4th quarter valued at about $267,437,000. CSM Advisors LLC acquired a new position in shares of Pathward Financial during the second quarter worth about $8,461,000. Millennium Management LLC grew its position in shares of Pathward Financial by 264.1% during the first quarter. Millennium Management LLC now owns 128,645 shares of the savings and loans company's stock worth $9,385,000 after buying an additional 93,308 shares in the last quarter. Finally, Mawer Investment Management Ltd. increased its stake in shares of Pathward Financial by 35.7% during the third quarter. Mawer Investment Management Ltd. now owns 346,061 shares of the savings and loans company's stock worth $25,612,000 after buying an additional 91,066 shares during the period. 92.66% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

CASH has been the topic of several analyst reports. Keefe, Bruyette & Woods raised shares of Pathward Financial from a "market perform" rating to an "outperform" rating and set a $100.00 target price on the stock in a report on Friday, January 23rd. Wall Street Zen downgraded shares of Pathward Financial from a "buy" rating to a "hold" rating in a research report on Saturday, January 31st. Finally, Weiss Ratings raised shares of Pathward Financial from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Monday, January 26th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of "Buy" and a consensus price target of $97.00.

Pathward Financial Price Performance

CASH stock opened at $89.91 on Friday. The business has a 50 day moving average price of $84.80 and a 200 day moving average price of $77.37. The company has a quick ratio of 0.79, a current ratio of 0.81 and a debt-to-equity ratio of 0.04. The stock has a market cap of $1.96 billion, a price-to-earnings ratio of 10.99 and a beta of 0.74. Pathward Financial, Inc. has a fifty-two week low of $64.45 and a fifty-two week high of $96.06.

Pathward Financial (NASDAQ:CASH - Get Free Report) last announced its quarterly earnings results on Thursday, January 22nd. The savings and loans company reported $1.57 EPS for the quarter, beating the consensus estimate of $1.38 by $0.19. Pathward Financial had a net margin of 22.95% and a return on equity of 22.76%. The company had revenue of $173.10 million for the quarter, compared to analyst estimates of $185.80 million. During the same period in the prior year, the firm posted $1.29 earnings per share. The firm's revenue was down .2% on a year-over-year basis. Pathward Financial has set its FY 2026 guidance at 8.550-9.050 EPS. Equities research analysts anticipate that Pathward Financial, Inc. will post 7.26 earnings per share for the current fiscal year.

Pathward Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Thursday, March 12th will be paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 0.2%. The ex-dividend date is Thursday, March 12th. Pathward Financial's dividend payout ratio (DPR) is currently 2.44%.

Insiders Place Their Bets

In related news, CEO Brett L. Pharr sold 15,641 shares of the business's stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $93.88, for a total value of $1,468,377.08. Following the completion of the sale, the chief executive officer directly owned 78,261 shares of the company's stock, valued at $7,347,142.68. The trade was a 16.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.43% of the stock is currently owned by company insiders.

About Pathward Financial

Pathward Financial NASDAQ: CASH is a U.S.-based financial services company that operates through its wholly owned subsidiary, Pathward Bank. The company provides a range of banking and payment solutions designed for consumers, small businesses, community banks and fintech partners. Core offerings include deposit accounts, consumer and commercial lending, debit and prepaid card programs, digital banking platforms and treasury management services.

Through its banking charter, Pathward Financial delivers customizable payment solutions, including prepaid cards, payroll cards and benefit disbursement programs.

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