Envestnet Asset Management Inc. Sells 42,411 Shares of Barclays PLC $BCS

Envestnet Asset Management Inc. trimmed its holdings in Barclays PLC (NYSE:BCS) by 1.9% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 2,146,601 shares of the financial services provider’s stock after selling 42,411 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Barclays were worth $44,370,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Fisher Asset Management LLC lifted its position in shares of Barclays by 13.2% during the second quarter. Fisher Asset Management LLC now owns 83,062,892 shares of the financial services provider’s stock worth $1,544,139,000 after purchasing an additional 9,692,999 shares in the last quarter. Norges Bank bought a new position in Barclays in the 2nd quarter worth approximately $63,206,000. 1832 Asset Management L.P. acquired a new position in Barclays during the 2nd quarter worth $57,568,000. JPMorgan Chase & Co. lifted its holdings in Barclays by 1,719.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,031,480 shares of the financial services provider’s stock worth $37,765,000 after buying an additional 1,919,843 shares in the last quarter. Finally, BNP Paribas Financial Markets boosted its position in Barclays by 7,013.1% in the 2nd quarter. BNP Paribas Financial Markets now owns 1,671,369 shares of the financial services provider’s stock valued at $31,071,000 after buying an additional 1,647,872 shares during the last quarter. Institutional investors own 3.39% of the company’s stock.

Barclays News Roundup

Here are the key news stories impacting Barclays this week:

• Positive Sentiment: Company raised guidance and laid out longer-term targets, signaling stronger revenue growth and a strategic focus through 2028 that supports upside to returns. Barclays Lifts Income Guidance for This Year, Sets out New Targets Through 2028
• Positive Sentiment: Management announced a plan to return around £15bn to shareholders as part of an upgraded financial reset — a clear capital-return cue that can support the share price. Barclays sets out plan to return £15bn as part of upgraded financial reset
• Positive Sentiment: Underlying profits strengthened: reports show a ~12% annual profit rise, strong Q4 performance and a 24% jump in net income with lower credit-impairment charges — fundamentals that support valuation. Barclays reports annual profit rise of 12%, announces new targets
• Neutral Sentiment: Analyst reports and forecasts are being updated after results; some houses have raised medium-term expectations while others are waiting for more clarity on UK wealth exposure. Barclays PLC (BCS) Stock Forecasts
• Neutral Sentiment: Market commentary flagged that recent sector volatility (including an AI-led selloff) is not necessarily a broad inflection point — keeps broader market headwinds in view. Last week’s AI selloff isn’t a major warning sign for markets, Barclays says
• Negative Sentiment: Quarterly EPS missed consensus ($0.39 vs. $0.42), which likely contributed to the share pullback despite otherwise solid results; investors may be focusing on near-term profit beats/misses. Listen to Conference Call / Transcript
• Negative Sentiment: CEO pay package increased to ~£15mn, drawing negative attention at a time when some investors scrutinize executive compensation versus returns. Barclays boosts CEO’s pay to more than $20 million
• Negative Sentiment: Questions remain about the bank’s UK wealth-management strategy amid competitive moves — a possible drag on sentiment until management provides more detail. Barclays rises after upgraded guidance but UK wealth strategy questioned

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Zacks Research cut Barclays from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 28th. Royal Bank Of Canada restated an “outperform” rating on shares of Barclays in a report on Thursday, October 23rd. Citigroup reaffirmed a “neutral” rating on shares of Barclays in a research note on Thursday, January 22nd. Morgan Stanley reiterated an “overweight” rating on shares of Barclays in a research report on Monday, November 24th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Barclays in a research note on Tuesday, December 23rd. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Barclays Trading Down 2.0%

NYSE:BCS opened at $26.17 on Wednesday. The company has a debt-to-equity ratio of 5.94, a current ratio of 1.41 and a quick ratio of 1.41. The business’s 50-day simple moving average is $25.53 and its 200-day simple moving average is $22.37. Barclays PLC has a fifty-two week low of $12.14 and a fifty-two week high of $27.70. The stock has a market capitalization of $90.71 billion, a PE ratio of 12.06, a price-to-earnings-growth ratio of 0.41 and a beta of 0.96.

Barclays (NYSE:BCS) last announced its earnings results on Tuesday, September 30th. The financial services provider reported $0.45 EPS for the quarter. The firm had revenue of $9.21 billion for the quarter. Barclays had a net margin of 21.26% and a return on equity of 8.19%. Sell-side analysts expect that Barclays PLC will post 2 earnings per share for the current fiscal year.

Barclays Profile

Barclays PLC (NYSE: BCS) is a British multinational bank and financial services company headquartered in London. The firm provides a broad range of banking and financial products to individual, corporate and institutional customers. Its core activities span retail and business banking, credit cards and payments, corporate and investment banking, and wealth and investment management.

In retail and business banking, Barclays offers deposit accounts, mortgages, personal and business loans, and card services.