Cullen/Frost Bankers (NYSE:CFR) Price Target Raised to $160.00

Cullen/Frost Bankers (NYSE:CFR) had its price objective increased by Keefe, Bruyette & Woods from $150.00 to $160.00 in a research report report published on Friday morning,Benzinga reports. The firm currently has an outperform rating on the bank’s stock.

A number of other equities analysts have also commented on CFR. Royal Bank Of Canada increased their price target on shares of Cullen/Frost Bankers from $140.00 to $144.00 and gave the stock a “sector perform” rating in a report on Friday, October 10th. Barclays lowered their price target on Cullen/Frost Bankers from $145.00 to $140.00 and set an “equal weight” rating on the stock in a research report on Friday, December 19th. Citigroup upped their price objective on Cullen/Frost Bankers from $112.00 to $114.00 and gave the stock a “sell” rating in a report on Friday, October 31st. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Cullen/Frost Bankers in a report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, Cullen/Frost Bankers presently has an average rating of “Hold” and an average price target of $138.18.

Cullen/Frost Bankers Stock Performance

Shares of CFR opened at $137.69 on Friday. Cullen/Frost Bankers has a 12-month low of $100.31 and a 12-month high of $145.53. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.05. The company has a market cap of $8.80 billion, a PE ratio of 13.88, a price-to-earnings-growth ratio of 2.69 and a beta of 0.64. The stock has a 50-day moving average price of $131.25 and a 200-day moving average price of $128.41.

Cullen/Frost Bankers (NYSE:CFR) last posted its quarterly earnings data on Thursday, January 29th. The bank reported $2.56 earnings per share for the quarter, topping the consensus estimate of $2.47 by $0.09. Cullen/Frost Bankers had a net margin of 21.99% and a return on equity of 15.79%. The company had revenue of $1.05 billion for the quarter, compared to analysts’ expectations of $578.05 million. During the same period in the prior year, the business earned $2.36 earnings per share. As a group, equities analysts forecast that Cullen/Frost Bankers will post 8.85 earnings per share for the current fiscal year.

Cullen/Frost Bankers Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 27th will be issued a $1.00 dividend. The ex-dividend date is Friday, February 27th. This represents a $4.00 annualized dividend and a dividend yield of 2.9%. Cullen/Frost Bankers’s dividend payout ratio (DPR) is currently 41.15%.

Insider Buying and Selling

In other Cullen/Frost Bankers news, EVP Coolidge E. Rhodes, Jr. sold 700 shares of the stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $127.00, for a total transaction of $88,900.00. Following the completion of the sale, the executive vice president owned 3,795 shares of the company’s stock, valued at $481,965. This represents a 15.57% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 1.20% of the stock is owned by corporate insiders.

Institutional Trading of Cullen/Frost Bankers

Several large investors have recently modified their holdings of the business. Norges Bank bought a new position in Cullen/Frost Bankers during the 2nd quarter valued at approximately $90,484,000. Two Sigma Investments LP increased its stake in shares of Cullen/Frost Bankers by 2,024.4% during the third quarter. Two Sigma Investments LP now owns 373,977 shares of the bank’s stock valued at $47,409,000 after buying an additional 356,373 shares during the period. Impax Asset Management Group plc raised its holdings in shares of Cullen/Frost Bankers by 58.7% during the second quarter. Impax Asset Management Group plc now owns 822,878 shares of the bank’s stock valued at $104,861,000 after acquiring an additional 304,491 shares in the last quarter. Fiera Capital Corp bought a new position in shares of Cullen/Frost Bankers during the third quarter valued at approximately $29,769,000. Finally, Millennium Management LLC purchased a new stake in Cullen/Frost Bankers in the third quarter worth $29,687,000. 86.90% of the stock is owned by institutional investors.

Key Headlines Impacting Cullen/Frost Bankers

Here are the key news stories impacting Cullen/Frost Bankers this week:

• Positive Sentiment: Q4 earnings beat — Cullen/Frost reported roughly $2.56–$2.57 EPS, topping expectations, with revenue of ~$1.05B (well above consensus) driven by year‑over‑year net interest income and fee‑income growth. This outperformance is the main fundamental positive supporting the stock. Cullen/Frost Q4 Earnings Beat
• Positive Sentiment: Shareholder returns boosted — the board declared a $1.00 quarterly dividend and authorized a $300M stock‑repurchase program, which supports EPS and investor demand. Q4 & Annual Results / Buyback
• Positive Sentiment: Analyst optimism — several firms raised price targets this morning (Keefe, Bruyette & Woods to $160; Barclays to $150; RBC to $150), implying notable upside (~9–16%) from current levels and signaling improved analyst conviction. Keefe PT Raise Barclays PT Raise RBC PT Raise
• Neutral Sentiment: Board refresh — two new directors (Marsha M. Shields and Jeff Rummel) were elected and longtime director Chris Avery will retire; governance update but not an earnings driver. Board Announcement
• Neutral Sentiment: DA Davidson raised its price target (to $144) but kept a “neutral” rating, so the move is modestly supportive but not a clear buy signal. DA Davidson PT Raise
• Negative Sentiment: Expense pressure — management noted higher non‑interest expenses remain a drag on margins, which could cap near‑term upside despite revenue strength. Expense Headwinds

About Cullen/Frost Bankers

Cullen/Frost Bankers, Inc is the holding company for Frost Bank, a Texas-chartered financial institution whose origins date back to 1868 in San Antonio. As one of the oldest banking organizations in the state, it offers a broad range of services to individuals, small and large businesses, and institutional clients. Core banking activities include commercial lending, deposit services, cash management and trade finance, while consumer products cover residential mortgages, personal lines of credit and home equity loans.

Beyond traditional banking, the company provides comprehensive treasury and equipment leasing solutions tailored to support working capital and capital expenditure requirements.