44 Wealth Management LLC Has $1.48 Million Stock Holdings in First Citizens BancShares, Inc. $FCNCA

44 Wealth Management LLC trimmed its position in First Citizens BancShares, Inc. (NASDAQ:FCNCA) by 36.4% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 787 shares of the bank’s stock after selling 451 shares during the quarter. 44 Wealth Management LLC’s holdings in First Citizens BancShares were worth $1,483,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of FCNCA. Allworth Financial LP increased its holdings in shares of First Citizens BancShares by 21.7% in the third quarter. Allworth Financial LP now owns 28 shares of the bank’s stock valued at $51,000 after purchasing an additional 5 shares during the last quarter. MBL Wealth LLC lifted its stake in shares of First Citizens BancShares by 0.8% during the 4th quarter. MBL Wealth LLC now owns 622 shares of the bank’s stock worth $1,335,000 after buying an additional 5 shares during the last quarter. Venturi Wealth Management LLC lifted its stake in shares of First Citizens BancShares by 2.6% during the 1st quarter. Venturi Wealth Management LLC now owns 233 shares of the bank’s stock worth $439,000 after buying an additional 6 shares during the last quarter. Corient Private Wealth LLC boosted its holdings in shares of First Citizens BancShares by 0.6% during the 2nd quarter. Corient Private Wealth LLC now owns 1,049 shares of the bank’s stock worth $2,051,000 after buying an additional 6 shares during the period. Finally, Kingswood Wealth Advisors LLC boosted its holdings in shares of First Citizens BancShares by 3.0% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 242 shares of the bank’s stock worth $519,000 after buying an additional 7 shares during the period. 78.01% of the stock is currently owned by institutional investors and hedge funds.

More First Citizens BancShares News

Here are the key news stories impacting First Citizens BancShares this week:

• Positive Sentiment: First Citizens BancShares reported Q2 2026 earnings of $57.09 per share, far above Wall Street expectations, and revenue of $2.24 billion also beat estimates, signaling much stronger-than-expected profitability. First Citizens BancShares Reports Second Quarter 2026 Earnings
• Positive Sentiment: JPMorgan Chase raised its price target on FCNCA to $2,450 from $2,350, suggesting additional upside even though it kept a neutral rating. Benzinga
• Positive Sentiment: The board declared a quarterly dividend of $2.10 per share, underscoring ongoing shareholder returns and financial stability. First Citizens BancShares Declares Dividends
• Neutral Sentiment: Short-interest data showed 0 shares sold short and a 0.0-day short-interest ratio, so the update does not provide a meaningful new signal for the stock. First Citizens BancShares stock page

Insiders Place Their Bets

In other news, CEO Frank B. Holding, Jr. acquired 528 shares of the business’s stock in a transaction that occurred on Friday, June 5th. The stock was acquired at an average price of $1,813.37 per share, with a total value of $957,459.36. Following the completion of the transaction, the chief executive officer directly owned 64,100 shares of the company’s stock, valued at $116,237,017. This trade represents a 0.83% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have bought a total of 7,190 shares of company stock worth $12,573,868 over the last three months. Corporate insiders own 14.63% of the company’s stock.

First Citizens BancShares Price Performance

First Citizens BancShares stock opened at $2,160.65 on Friday. The firm has a market cap of $25.04 billion, a PE ratio of 11.55, a price-to-earnings-growth ratio of 1.63 and a beta of 0.62. The company has a debt-to-equity ratio of 1.67, a current ratio of 1.00 and a quick ratio of 1.00. The stock’s fifty day moving average price is $2,064.10 and its two-hundred day moving average price is $2,018.36. First Citizens BancShares, Inc. has a one year low of $1,623.76 and a one year high of $2,237.82.

First Citizens BancShares (NASDAQ:FCNCA) last released its earnings results on Thursday, July 23rd. The bank reported $57.09 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $56.68. The firm had revenue of $2.24 billion during the quarter, compared to the consensus estimate of $2.16 billion. First Citizens BancShares had a return on equity of 11.98% and a net margin of 16.28%. As a group, research analysts expect that First Citizens BancShares, Inc. will post 177.18 EPS for the current fiscal year.

First Citizens BancShares Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be paid a $2.10 dividend. This represents a $8.40 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend is Monday, August 31st. First Citizens BancShares’s payout ratio is 4.83%.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. Wall Street Zen raised shares of First Citizens BancShares from a “sell” rating to a “hold” rating in a report on Saturday, June 27th. Zacks Research upgraded First Citizens BancShares from a “strong sell” rating to a “hold” rating in a report on Monday, March 30th. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and issued a $2,300.00 target price on shares of First Citizens BancShares in a research report on Thursday, July 9th. Fundamental Research set a $2,350.00 target price on First Citizens BancShares in a research report on Wednesday, July 1st. Finally, Deutsche Bank Aktiengesellschaft lowered First Citizens BancShares from a “buy” rating to a “hold” rating and set a $2,154.00 target price on the stock. in a research note on Wednesday, April 8th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and eleven have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $2,258.85.

About First Citizens BancShares

First Citizens BancShares, Inc is the bank holding company for First Citizens Bank, a full‑service commercial bank headquartered in Raleigh, North Carolina. The company traces its roots to a community bank founded in 1898 and has grown into a diversified financial services organization that operates through its banking subsidiary to serve retail, commercial and institutional clients.

First Citizens offers a broad suite of banking products and services, including consumer and business deposit accounts, commercial and industrial lending, real estate and mortgage lending, treasury and cash management, and specialized lending solutions.