Impax Asset Management Group plc Cuts Stake in Citigroup Inc. $C

Impax Asset Management Group plc decreased its position in Citigroup Inc. (NYSE:C) by 13.6% during the 3rd quarter, Holdings Channel reports. The fund owned 136,947 shares of the company’s stock after selling 21,513 shares during the quarter. Impax Asset Management Group plc’s holdings in Citigroup were worth $13,900,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Wolff Wiese Magana LLC boosted its holdings in Citigroup by 87.6% in the 3rd quarter. Wolff Wiese Magana LLC now owns 257 shares of the company’s stock valued at $26,000 after purchasing an additional 120 shares in the last quarter. Guerra Advisors Inc acquired a new stake in shares of Citigroup in the 3rd quarter valued at approximately $33,000. Howard Hughes Medical Institute purchased a new stake in shares of Citigroup in the second quarter valued at approximately $34,000. Legacy Investment Solutions LLC purchased a new stake in shares of Citigroup in the second quarter valued at approximately $38,000. Finally, Capital A Wealth Management LLC acquired a new position in Citigroup during the second quarter worth $38,000. 71.72% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Analyst upgrades and recent momentum — Citi recently hit a 52-week high after upward analyst moves and price-target lifts, which validated the stock’s rally and kept institutional interest elevated. Citigroup (NYSE:C) Sets New 1-Year High on Analyst Upgrade
• Positive Sentiment: Incoming CFO highlights credit-card growth — Gonzalo Luchetti flagged continued credit‑card volume expansion, which supports fee and interest-income upside for Citi’s U.S. consumer franchise. Citi incoming CFO sees credit card growth, warns rate cap would harm US economy
• Neutral Sentiment: Recent investor presentations — Citi management presented at the UBS and Bank of America financial‑services conferences, reiterating strategy and capital positioning; these were largely confirmation of existing plans rather than material new guidance. Citigroup Inc. (C) Presents at UBS Financial Services Conference 2026 Transcript Citigroup Inc. (C) Presents at Bank of America Financial Services Conference 2026 Transcript
• Neutral Sentiment: Preferred issuance announced — Citi issued a new 6.25% preferred, which can shore up capital but may modestly change the firm’s liability mix; the move was met with mixed analyst commentary (hold rating on the issue). Citigroup Issues New 6.25% Preferred: Hold Rated
• Negative Sentiment: Regulatory/political risk flagged — The incoming CFO warned that a cap on credit-card interest rates would have “massive ripple effects” on retailers and sectors of the economy; mention of this risk increases headline sensitivity and could pressure bank multiples if political momentum for a cap rises. Citi incoming CFO says credit-card rate cap would hurt retail, travel, hospitality
• Negative Sentiment: Earnings nuance — While Citi beat recent EPS estimates, revenue trailed consensus, leaving the story one of margin and cost execution rather than a clean top-line acceleration; that makes the stock more vulnerable to profit‑taking after a sharp run. (Earnings detail from Citi’s Jan. 14 release.)
• Negative Sentiment: Technical/profit‑taking pressure — After the multi‑week rally and fresh highs, some investors are locking gains; that rotation plus headline sensitivity (rate‑cap talk, preferred issuance) is consistent with today’s pullback.

Analysts Set New Price Targets

A number of equities research analysts have commented on C shares. JPMorgan Chase & Co. raised their target price on Citigroup from $130.00 to $134.00 and gave the company an “overweight” rating in a report on Monday. Keefe, Bruyette & Woods raised their price objective on shares of Citigroup from $118.00 to $131.00 and gave the company an “outperform” rating in a research note on Wednesday, December 17th. Piper Sandler set a $135.00 target price on shares of Citigroup in a research report on Thursday, January 15th. Barclays lifted their price target on shares of Citigroup from $115.00 to $146.00 and gave the company an “overweight” rating in a research report on Monday, January 5th. Finally, TD Cowen restated a “hold” rating on shares of Citigroup in a report on Wednesday, January 7th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $126.19.

Citigroup Stock Down 3.8%

C stock opened at $117.50 on Thursday. The company’s 50 day simple moving average is $116.29 and its 200-day simple moving average is $104.50. The firm has a market capitalization of $210.24 billion, a PE ratio of 16.86, a P/E/G ratio of 0.78 and a beta of 1.18. Citigroup Inc. has a 12 month low of $55.51 and a 12 month high of $125.16. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.00 and a quick ratio of 0.99.

Citigroup (NYSE:C) last issued its quarterly earnings data on Wednesday, January 14th. The company reported $1.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.65 by $0.16. Citigroup had a return on equity of 8.28% and a net margin of 8.50%.The firm had revenue of $19.87 billion during the quarter, compared to the consensus estimate of $20.99 billion. During the same period in the previous year, the firm posted $1.34 EPS. The company’s quarterly revenue was up 2.1% compared to the same quarter last year. Equities analysts expect that Citigroup Inc. will post 7.53 earnings per share for the current fiscal year.

Citigroup Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Monday, February 2nd will be given a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Monday, February 2nd. Citigroup’s dividend payout ratio is currently 34.43%.

About Citigroup

Citigroup Inc is a global financial services company headquartered in New York City with roots tracing back to the City Bank of New York, founded in 1812. The modern Citigroup was created through the 1998 merger of Citicorp and Travelers Group and has since operated as a diversified bank holding company that provides a broad range of banking and financial products and services to consumers, corporations, governments and institutions worldwide.

Citi’s principal businesses include retail and commercial banking, credit card and consumer lending products, wealth management and private banking, and a full suite of institutional services.