Citigroup Inc. $C Holdings Boosted by Bleakley Financial Group LLC

Bleakley Financial Group LLC raised its position in shares of Citigroup Inc. (NYSE:C) by 12.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 45,607 shares of the company’s stock after purchasing an additional 5,186 shares during the quarter. Bleakley Financial Group LLC’s holdings in Citigroup were worth $5,172,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Vanguard Group Inc. boosted its position in Citigroup by 3.1% during 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 period. Geode Capital Management LLC grew its stake in Citigroup by 0.4% during the 4th quarter. Geode Capital Management LLC now owns 43,252,372 shares of the company’s stock valued at $5,036,712,000 after acquiring an additional 189,548 shares in the last quarter. Franklin Resources Inc. increased its holdings in shares of Citigroup by 4.0% in the 4th 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 during the period. Fisher Asset Management LLC increased its holdings in shares of Citigroup by 2.6% in the 4th quarter. Fisher Asset Management LLC now owns 33,887,285 shares of the company’s stock valued at $3,954,307,000 after purchasing an additional 846,772 shares during the period. Finally, Norges Bank purchased a new stake in shares of Citigroup in the fourth quarter worth approximately $2,800,944,000. Hedge funds and other institutional investors own 71.72% of the company’s stock.

Citigroup Stock Down 5.3%

Shares of C stock opened at $133.30 on Wednesday. The stock’s 50 day simple moving average is $134.06 and its 200 day simple moving average is $123.11. Citigroup Inc. has a twelve month low of $87.94 and a twelve month high of $147.96. The company has a debt-to-equity ratio of 1.59, a quick ratio of 0.99 and a current ratio of 0.99. The company has a market capitalization of $227.35 billion, a price-to-earnings ratio of 16.52, a PEG ratio of 0.66 and a beta of 1.11.

Citigroup (NYSE:C) last announced its earnings results on Tuesday, July 14th. The company reported $3.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.74 by $0.41. Citigroup had a return on equity of 9.19% and a net margin of 9.35%.The firm had revenue of $24.75 billion during the quarter, compared to analysts’ expectations of $23.74 billion. During the same quarter in the prior year, the business earned $1.96 earnings per share. The company’s revenue was up 14.5% on a year-over-year basis. As a group, research analysts predict that Citigroup Inc. will post 10.89 EPS for the current year.

Citigroup declared that its board has authorized a share buyback program on Thursday, May 7th that permits the company to buyback $30.00 billion in shares. This buyback authorization permits the company to buy up to 13.7% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.

Insider Buying and Selling at Citigroup

In related news, Director John Cunningham Dugan sold 2,117 shares of the company’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $125.30, for a total transaction of $265,260.10. Following the completion of the sale, the director directly owned 12,194 shares of the company’s stock, valued at approximately $1,527,908.20. This represents a 14.79% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.11% of the company’s stock.

Citigroup News Summary

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citigroup posted Q2 EPS of $3.15 and revenue of $24.77 billion, both above Wall Street estimates, driven by stronger fixed income trading and investment banking fees. Reuters: Citi results beat Wall St estimates on investment banking, trading strength
• Positive Sentiment: The company said quarterly profit rose 45% year over year, highlighting improving operating momentum across its core businesses. Yahoo Finance: Citigroup Q2 2026 earnings beat every analyst estimate
• Positive Sentiment: Management said Citi is moving closer to completing its transformation work, which supports the long-term turnaround thesis. Barrons: Citi Moves Toward Completing ‘Transformation’ Work, CFO Says
• Neutral Sentiment: Citi also emphasized continued investments in technology and other strategic initiatives as part of its broader remake, keeping the focus on execution rather than near-term margin expansion. Seeking Alpha: Citigroup stock slides after comments on investments, staff cuts
• Negative Sentiment: Shares fell after CEO Jane Fraser signaled the bank may speed up job cuts, with reports also pointing to about $800 million spent on the restructuring effort, raising concerns about costs and disruption. Newsbytes: Citigroup stock falls as Jane Fraser plans layoffs, $800 million spent

Wall Street Analysts Forecast Growth

C has been the subject of several research reports. Evercore set a $143.00 price target on shares of Citigroup in a report on Monday, July 6th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $139.00 target price on shares of Citigroup in a research report on Wednesday, April 15th. Truist Financial lifted their target price on shares of Citigroup from $147.00 to $158.00 and gave the company a “buy” rating in a research note on Friday, June 26th. Barclays boosted their price target on shares of Citigroup from $146.00 to $154.00 and gave the company an “overweight” rating in a report on Wednesday, April 15th. Finally, Jefferies Financial Group assumed coverage on shares of Citigroup in a research note on Thursday, March 26th. They issued a “buy” rating and a $135.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $145.00.

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.