Boston Common Asset Management LLC Purchases New Shares in Citizens Financial Group, Inc. $CFG

Boston Common Asset Management LLC acquired a new stake in Citizens Financial Group, Inc. (NYSE:CFG) during the first quarter, HoldingsChannel reports. The fund acquired 45,677 shares of the bank’s stock, valued at approximately $2,739,000.

Other large investors have also recently added to or reduced their stakes in the company. University of Texas Texas AM Investment Management Co. acquired a new stake in shares of Citizens Financial Group during the fourth quarter worth $26,000. Cedar Mountain Advisors LLC acquired a new position in shares of Citizens Financial Group in the first quarter valued at about $27,000. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in shares of Citizens Financial Group in the fourth quarter valued at about $29,000. Activest Wealth Management grew its stake in shares of Citizens Financial Group by 5,600.0% in the fourth quarter. Activest Wealth Management now owns 513 shares of the bank’s stock valued at $30,000 after acquiring an additional 504 shares in the last quarter. Finally, DV Equities LLC bought a new position in Citizens Financial Group during the fourth quarter worth about $35,000. Institutional investors own 94.90% of the company’s stock.

Insider Buying and Selling at Citizens Financial Group

In other news, insider Michelle Moosally sold 6,050 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $62.16, for a total transaction of $376,068.00. Following the completion of the sale, the insider owned 22,565 shares of the company’s stock, valued at approximately $1,402,640.40. This represents a 21.14% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.67% of the company’s stock.

Analysts Set New Price Targets

Several analysts have weighed in on CFG shares. Robert W. Baird lifted their price objective on shares of Citizens Financial Group from $72.00 to $75.00 and gave the stock a “neutral” rating in a research note on Friday. Jefferies Financial Group increased their target price on shares of Citizens Financial Group from $85.00 to $90.00 and gave the stock a “buy” rating in a research report on Thursday. Stephens raised their target price on shares of Citizens Financial Group from $68.00 to $70.00 and gave the stock an “equal weight” rating in a report on Friday. Citigroup cut shares of Citizens Financial Group from a “buy” rating to a “hold” rating in a report on Monday, July 6th. Finally, UBS Group boosted their price target on Citizens Financial Group from $75.00 to $82.00 and gave the company a “buy” rating in a research note on Tuesday, July 7th. Sixteen research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $77.85.

Citizens Financial Group Stock Down 0.1%

Shares of NYSE CFG opened at $72.34 on Monday. The stock has a market capitalization of $30.59 billion, a P/E ratio of 15.69, a PEG ratio of 0.60 and a beta of 0.67. The stock’s fifty day moving average is $66.42 and its 200 day moving average is $63.62. Citizens Financial Group, Inc. has a 52 week low of $45.90 and a 52 week high of $74.70. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.85 and a current ratio of 0.86.

Citizens Financial Group (NYSE:CFG) last posted its quarterly earnings data on Thursday, July 16th. The bank reported $1.30 earnings per share for the quarter, topping the consensus estimate of $1.25 by $0.05. Citizens Financial Group had a net margin of 17.18% and a return on equity of 8.85%. The business had revenue of $2.28 billion during the quarter, compared to analysts’ expectations of $2.25 billion. During the same quarter in the prior year, the business posted $0.92 earnings per share. Citizens Financial Group’s revenue was up 12.1% compared to the same quarter last year. Sell-side analysts forecast that Citizens Financial Group, Inc. will post 5.25 earnings per share for the current fiscal year.

Citizens Financial Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 13th. Stockholders of record on Thursday, July 30th will be given a $0.46 dividend. The ex-dividend date is Thursday, July 30th. This represents a $1.84 annualized dividend and a dividend yield of 2.5%. Citizens Financial Group’s payout ratio is presently 39.91%.

More Citizens Financial Group News

Here are the key news stories impacting Citizens Financial Group this week:

• Positive Sentiment: Citizens Financial reported better-than-expected Q2 2026 results, with EPS of $1.30 versus $1.25 expected and revenue of $2.28 billion versus $2.25 billion expected, driven by stronger net interest income and fee growth. Reuters article
• Positive Sentiment: The company said net income rose 35% year over year to $587 million and EPS increased 41% year over year, reinforcing momentum in profitability. Business Wire article
• Positive Sentiment: Several analysts raised price targets after the earnings release, including Keefe, Bruyette & Woods to $90, RBC to $79, Barclays to $81, and Baird to $75, signaling improving Wall Street sentiment. Benzinga article
• Positive Sentiment: Analysts also highlighted a raised net interest margin outlook and solid private bank growth, which may support expectations for continued earnings strength. Read More.
• Positive Sentiment: The company declared a quarterly dividend of $0.46 per share, underscoring capital return to shareholders.

About Citizens Financial Group

Citizens Financial Group, Inc (NYSE: CFG) is a bank holding company that provides a broad range of banking and financial services to individuals, small and middle-market businesses, corporations and institutional clients. Headquartered in Providence, Rhode Island, Citizens conducts its banking operations principally through its primary banking subsidiary, Citizens Bank, and serves customers through a combination of branch locations, ATMs and digital channels. The company is publicly traded and operates under the regulatory framework applicable to U.S.