Citizens Financial Group Inc. RI Raises Stake in Palantir Technologies Inc. $PLTR

Citizens Financial Group Inc. RI increased its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 53.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 29,902 shares of the company’s stock after purchasing an additional 10,384 shares during the period. Citizens Financial Group Inc. RI’s holdings in Palantir Technologies were worth $5,455,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Norges Bank acquired a new position in Palantir Technologies in the second quarter valued at approximately $3,307,457,000. Kingstone Capital Partners Texas LLC purchased a new position in Palantir Technologies during the second quarter worth about $2,543,888,000. Vanguard Group Inc. increased its position in shares of Palantir Technologies by 3.6% during the second quarter. Vanguard Group Inc. now owns 205,717,666 shares of the company’s stock valued at $28,043,432,000 after acquiring an additional 7,194,216 shares during the last quarter. State Street Corp increased its holdings in Palantir Technologies by 6.9% in the 2nd quarter. State Street Corp now owns 94,481,128 shares of the company’s stock valued at $12,879,667,000 after purchasing an additional 6,097,629 shares during the last quarter. Finally, Invesco Ltd. grew its stake in shares of Palantir Technologies by 16.0% in the second quarter. Invesco Ltd. now owns 20,585,256 shares of the company’s stock valued at $2,806,182,000 after buying an additional 2,838,300 shares in the last quarter. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Palantir Technologies Trading Up 1.1%

PLTR stock opened at $179.41 on Tuesday. The company has a market capitalization of $427.61 billion, a P/E ratio of 427.18, a PEG ratio of 4.47 and a beta of 1.54. The business has a 50 day simple moving average of $178.66 and a 200-day simple moving average of $171.06. Palantir Technologies Inc. has a twelve month low of $63.40 and a twelve month high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last released its quarterly earnings results on Monday, November 3rd. The company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.17 by $0.04. Palantir Technologies had a net margin of 28.11% and a return on equity of 15.48%. The firm had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.09 billion. During the same quarter in the prior year, the firm earned $0.10 EPS. Palantir Technologies’s revenue for the quarter was up 62.8% on a year-over-year basis. Research analysts predict that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.

Palantir Technologies News Summary

Here are the key news stories impacting Palantir Technologies this week:

• Positive Sentiment: Citi Research upgraded PLTR to a Buy and raised its 2026 price target to $235 (from $210), citing strong sales/margin momentum and upside to 2026 estimates — a major near-term positive for investor sentiment. Palantir Stock Climbs on Citi Upgrade
• Positive Sentiment: Multiple outlets highlight Palantir as a top beneficiary of an AI “supercycle” (enterprise AI, agentic AI and defense spending), reinforcing growth expectations that support higher multiples. Palantir’s stock could benefit from this ‘supercycle’
• Positive Sentiment: Truist initiated coverage with a Buy, adding another institutional endorsement that lends support to the stock’s momentum. Truist Initiates Palantir as Buy
• Neutral Sentiment: Palantir scheduled its Q4 & full-year 2025 earnings release and webcast for Feb. 2 (post-close), which is a clear near-term catalyst — results and guidance will likely drive volatility. Earnings Release and Webcast Announcement
• Neutral Sentiment: Reported short-interest data for Jan. 12 shows an anomalous “large increase” entry but lists 0 shares/NaN change and a 0.0 days ratio — likely a reporting/data error, so it probably isn’t a meaningful market driver.
• Negative Sentiment: Several analysts/commentary warn valuation risk and the potential for a pullback (one piece flags $150 as a key level for bulls); elevated multiples mean earnings/guidance shortfalls could trigger sharp declines. Palantir: $150 Price Key For Bulls

Insider Buying and Selling at Palantir Technologies

In related news, Director Lauren Elaina Friedman Stat sold 3,400 shares of the firm’s stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $181.35, for a total transaction of $616,590.00. Following the transaction, the director owned 58,687 shares of the company’s stock, valued at $10,642,887.45. This trade represents a 5.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Shyam Sankar sold 19,004 shares of the business’s stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $156.25, for a total value of $2,969,375.00. Following the completion of the transaction, the insider owned 642,786 shares in the company, valued at $100,435,312.50. This trade represents a 2.87% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 1,023,444 shares of company stock valued at $167,394,629. Corporate insiders own 12.93% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on PLTR. Bank of America lifted their price objective on shares of Palantir Technologies from $215.00 to $255.00 and gave the company a “buy” rating in a report on Tuesday, November 4th. HSBC raised their price objective on shares of Palantir Technologies from $181.00 to $197.00 and gave the company a “hold” rating in a report on Wednesday, November 5th. Cantor Fitzgerald raised their price target on Palantir Technologies from $155.00 to $198.00 and gave the company a “neutral” rating in a research note on Tuesday, November 4th. Wall Street Zen downgraded Palantir Technologies from a “buy” rating to a “hold” rating in a report on Friday, November 28th. Finally, Royal Bank Of Canada increased their price target on shares of Palantir Technologies from $45.00 to $50.00 and gave the company an “underperform” rating in a research note on Tuesday, November 4th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, fifteen have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $175.88.

Palantir Technologies Company Profile

Palantir Technologies is a software company that develops data integration, analytics and operational decision-making platforms for government and commercial customers. Founded in 2003 by a team that included Alex Karp and Peter Thiel, Palantir has grown into a provider of enterprise-scale software designed to help organizations integrate disparate data sources, build analytic models and drive operational workflows. The company went public in 2020 and continues to position its products around large, complex data projects where security, provenance and real-time collaboration are important.

Palantir’s product portfolio centers on a small number of core platforms.