Acumen Wealth Advisors LLC Buys 6,787 Shares of Citigroup Inc. $C

Acumen Wealth Advisors LLC boosted its stake in Citigroup Inc. (NYSE:C) by 276.0% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,246 shares of the company’s stock after purchasing an additional 6,787 shares during the quarter. Acumen Wealth Advisors LLC’s holdings in Citigroup were worth $1,049,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in C. Vanguard Group Inc. increased its stake in Citigroup by 3.1% in the 4th quarter. Vanguard Group Inc. now owns 163,239,926 shares of the company’s stock worth $19,048,467,000 after acquiring an additional 4,938,923 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Citigroup by 0.4% in the fourth quarter. Geode Capital Management LLC now owns 43,252,372 shares of the company’s stock valued at $5,036,712,000 after purchasing an additional 189,548 shares in the last quarter. Franklin Resources Inc. grew its holdings in shares of Citigroup by 4.0% in the fourth quarter. Franklin Resources Inc. now owns 34,196,783 shares of the company’s stock valued at $3,990,422,000 after purchasing an additional 1,326,224 shares in the last quarter. Fisher Asset Management LLC increased its position in Citigroup by 2.6% in the fourth quarter. Fisher Asset Management LLC now owns 33,887,285 shares of the company’s stock worth $3,954,307,000 after purchasing an additional 846,772 shares during the last quarter. Finally, Norges Bank bought a new position in Citigroup during the fourth quarter valued at $2,800,944,000. Institutional investors own 71.72% of the company’s stock.

Citigroup Stock Up 3.2%

Shares of NYSE:C opened at $132.82 on Wednesday. The firm has a market capitalization of $226.54 billion, a PE ratio of 14.34, a price-to-earnings-growth ratio of 0.58 and a beta of 1.11. The business has a 50 day simple moving average of $134.53 and a two-hundred day simple moving average of $123.56. Citigroup Inc. has a 1 year low of $87.94 and a 1 year high of $147.96. The company has a debt-to-equity ratio of 1.71, a current ratio of 0.99 and a quick ratio of 0.99.

Citigroup (NYSE:C) last issued its quarterly earnings results on Tuesday, July 14th. The company reported $3.15 earnings per share for the quarter, topping the consensus estimate of $2.74 by $0.41. Citigroup had a return on equity of 10.15% and a net margin of 10.23%.The firm had revenue of $24.75 billion for the quarter, compared to the consensus estimate of $23.74 billion. During the same period in the prior year, the business posted $1.96 earnings per share. The company’s revenue for the quarter was up 14.5% on a year-over-year basis. On average, equities analysts predict that Citigroup Inc. will post 11.22 EPS for the current year.

Citigroup announced that its Board of Directors has authorized a share buyback plan on Thursday, May 7th that permits the company to buyback $30.00 billion in shares. This buyback authorization permits the company to purchase up to 13.7% of its shares through open market purchases. Shares buyback plans are often an indication that the company’s leadership believes its stock is undervalued.

Citigroup News Roundup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citigroup posted strong Q2 results, with net income surging 45% and revenue reaching a decade high of $24.8 billion, reinforcing the case that the bank’s turnaround is gaining traction. Citi (C) Q2 2026 Earnings Call Transcript
• Positive Sentiment: The board declared a quarterly common-stock dividend of $0.67 per share, which signals confidence in capital strength and provides an immediate return to shareholders. Citigroup Declares Common Stock Dividend
• Positive Sentiment: Analysts are also highlighting Citigroup’s strong earnings momentum, rising earnings estimates, and relatively low valuation, which may be adding to bullish sentiment. Citigroup and J&J Snack have been highlighted as Zacks Bull and Bear of the Day
• Neutral Sentiment: Citigroup also remains active in capital markets, leading a lending group preparing a $1.5 billion leveraged loan for Veritas Capital’s BGIS acquisition, which points to steady deal-making but is not a major stock catalyst by itself. Citigroup-Led Bank Group Plans Debt Deal for Veritas’ BGIS Buy
• Neutral Sentiment: Separately, Citi strategists said the “Magnificent Seven” label is outdated and that U.S. stock positioning may still have room to unwind, a broader market call that does not directly change Citigroup’s fundamentals. No one talks about FAANG anymore. Now, it’s time to retire Magnificent Seven as well, Citigroup argues

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on C. Argus set a $150.00 target price on shares of Citigroup in a report on Wednesday, July 15th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Citigroup in a report on Friday. Barclays lifted their price target on Citigroup from $146.00 to $154.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 15th. Royal Bank Of Canada reissued an “outperform” rating and set a $150.00 price objective on shares of Citigroup in a research note on Wednesday, July 15th. Finally, Evercore set a $143.00 price objective on Citigroup in a research report on Monday, July 6th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $145.67.

Insiders Place Their Bets

In other Citigroup news, Director John Cunningham Dugan sold 2,117 shares of the stock in a transaction on Friday, May 8th. The stock was sold at an average price of $125.30, for a total value of $265,260.10. Following the sale, the director owned 12,194 shares in the company, valued at $1,527,908.20. This trade represents a 14.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.11% of the stock is currently owned by insiders.

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.