Cambria Investment Management L.P. Invests $9.10 Million in Fifth Third Bancorp $FITB

Cambria Investment Management L.P. acquired a new position in shares of Fifth Third Bancorp (NASDAQ:FITB) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 204,201 shares of the financial services provider’s stock, valued at approximately $9,097,000.

Several other hedge funds have also recently added to or reduced their stakes in FITB. CIBC Private Wealth Group LLC lifted its holdings in shares of Fifth Third Bancorp by 28.4% during the third quarter. CIBC Private Wealth Group LLC now owns 13,318 shares of the financial services provider’s stock worth $593,000 after buying an additional 2,944 shares during the last quarter. CIBC Bancorp USA Inc. acquired a new stake in shares of Fifth Third Bancorp in the third quarter worth $4,077,000. First Commonwealth Financial Corp PA increased its position in Fifth Third Bancorp by 3.6% during the third quarter. First Commonwealth Financial Corp PA now owns 8,066 shares of the financial services provider’s stock worth $359,000 after acquiring an additional 283 shares during the period. Danske Bank A S bought a new position in Fifth Third Bancorp during the third quarter worth $14,282,000. Finally, San Luis Wealth Advisors LLC raised its stake in Fifth Third Bancorp by 1.7% during the 3rd quarter. San Luis Wealth Advisors LLC now owns 18,166 shares of the financial services provider’s stock valued at $809,000 after purchasing an additional 297 shares during the last quarter. Institutional investors own 83.79% of the company’s stock.

Key Fifth Third Bancorp News

Here are the key news stories impacting Fifth Third Bancorp this week:

• Positive Sentiment: JPMorgan resumed coverage of FITB with an Overweight rating and raised its price target — a material analyst catalyst that can support the share price. JPMorgan Resumes Coverage
• Positive Sentiment: Truist Financial reaffirmed its Buy rating on FITB, adding another buy-side endorsement that may attract investors. Truist Reaffirms Buy
• Positive Sentiment: Fifth Third declared a $0.40 quarterly common dividend (annualized yield ~3.6%) payable April 15 with an ex-dividend date of March 31 — a cash-returning signal that supports income investors. Dividend Announcement
• Positive Sentiment: Fifth Third won U.S. News & World Report’s Editors’ Choice for “Best Lender for Buying Now and Refinancing Later,” highlighting competitive mortgage product positioning in a high-rate environment. U.S. News Lending Award
• Positive Sentiment: Fifth Third was named one of the World’s Most Ethical Companies by Ethisphere for the seventh consecutive year, and was again recognized by JUST Capital/CNBC — both governance and reputation wins that can support long-term investor confidence. Ethisphere Recognition JUST Capital Recognition
• Neutral Sentiment: Additional coverage and press pieces (e.g., AmericanBankingNews) have increased attention on FITB; media coverage can amplify price moves but does not by itself guarantee direction. Coverage Note
• Negative Sentiment: Despite the positive newsflow, the stock is down today and trading below its 50-day and 200-day moving averages with volume below the 30‑day average — technical pressure and broader market/headline-driven selling likely explain the short-term weakness.

Fifth Third Bancorp Stock Performance

NASDAQ:FITB opened at $43.90 on Thursday. Fifth Third Bancorp has a 1 year low of $32.25 and a 1 year high of $55.44. The firm has a 50 day moving average of $50.14 and a 200-day moving average of $46.56. The company has a current ratio of 0.83, a quick ratio of 0.82 and a debt-to-equity ratio of 0.68. The stock has a market capitalization of $39.75 billion, a P/E ratio of 12.40, a price-to-earnings-growth ratio of 0.90 and a beta of 0.96.

Fifth Third Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be given a $0.40 dividend. The ex-dividend date is Tuesday, March 31st. This represents a $1.60 annualized dividend and a yield of 3.6%. Fifth Third Bancorp’s payout ratio is presently 45.20%.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. TD Cowen reissued a “buy” rating and issued a $60.00 price target on shares of Fifth Third Bancorp in a report on Tuesday, February 3rd. Piper Sandler upped their price objective on shares of Fifth Third Bancorp from $50.00 to $57.00 and gave the company an “overweight” rating in a research report on Wednesday, January 21st. Jefferies Financial Group increased their target price on shares of Fifth Third Bancorp from $55.00 to $60.00 and gave the company a “buy” rating in a research note on Friday, December 19th. Royal Bank Of Canada lifted their target price on Fifth Third Bancorp from $52.00 to $57.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 21st. Finally, Wall Street Zen lowered Fifth Third Bancorp from a “hold” rating to a “sell” rating in a research note on Saturday, February 7th. Seventeen equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $56.99.

Fifth Third Bancorp Profile

Fifth Third Bancorp is a Cincinnati, Ohio–based bank holding company whose primary banking subsidiary operates as Fifth Third Bank. The company provides a broad range of financial services to individual consumers, small businesses, middle-market companies and large corporations. Its business mix includes retail and commercial banking, lending, payment and card services, treasury and cash management, and wealth management and investment advisory services delivered through a combination of branch locations, commercial offices and digital platforms.

On the consumer side, Fifth Third offers deposit accounts, consumer loans, mortgages, auto financing and credit card products, along with digital banking and mobile services.