Dimensional Fund Advisors LP Raises Holdings in First Citizens BancShares, Inc. $FCNCA

Dimensional Fund Advisors LP increased its stake in shares of First Citizens BancShares, Inc. (NASDAQ:FCNCA) by 1.5% during the 1st quarter, Holdings Channel reports. The fund owned 125,947 shares of the bank’s stock after purchasing an additional 1,886 shares during the quarter. Dimensional Fund Advisors LP’s holdings in First Citizens BancShares were worth $237,333,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. increased its holdings in shares of First Citizens BancShares by 117,518.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 205,833 shares of the bank’s stock valued at $441,755,000 after purchasing an additional 205,658 shares in the last quarter. Morgan Stanley lifted its stake in shares of First Citizens BancShares by 31.8% in the 4th quarter. Morgan Stanley now owns 123,048 shares of the bank’s stock valued at $264,087,000 after purchasing an additional 29,681 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in First Citizens BancShares by 11.2% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 122,317 shares of the bank’s stock worth $262,514,000 after buying an additional 12,303 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in First Citizens BancShares by 20.7% during the first quarter. Allspring Global Investments Holdings LLC now owns 91,876 shares of the bank’s stock worth $174,048,000 after buying an additional 15,788 shares in the last quarter. Finally, Reinhart Partners LLC. grew its position in First Citizens BancShares by 10.8% during the fourth quarter. Reinhart Partners LLC. now owns 77,814 shares of the bank’s stock valued at $167,041,000 after buying an additional 7,566 shares during the period. 78.01% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at First Citizens BancShares

In related news, CEO Frank B. Holding, Jr. purchased 528 shares of First Citizens BancShares stock in a transaction that occurred on Friday, June 5th. The stock was purchased at an average price of $1,813.37 per share, for a total transaction of $957,459.36. Following the transaction, the chief executive officer directly owned 64,100 shares in the company, valued at approximately $116,237,017. This trade represents a 0.83% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, 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. 14.63% of the stock is owned by insiders.

Key First Citizens BancShares News

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

• Positive Sentiment: First Citizens BancShares reported second-quarter 2026 EPS of $57.09, significantly above analyst estimates, signaling stronger-than-expected profitability. First Citizens BancShares Reports Second Quarter 2026 Earnings
• Positive Sentiment: Revenue of $2.24 billion also came in ahead of expectations, reinforcing the view that underlying business performance was solid in the quarter. First Citizens BancShares (FCNCA) Q2 Earnings and Revenues Top Estimates
• Positive Sentiment: The board declared a quarterly dividend of $2.10 per share, which adds shareholder return support and may help investor sentiment. First Citizens BancShares Declares Dividends
• Neutral Sentiment: Analyst recap articles and earnings-call highlights mostly reiterate the strong quarter rather than adding new materially negative or positive catalysts. First Citizens BancShares Inc (FCNCA) Q2 2026 Earnings Call Highlights: Strong Performance Amid …

First Citizens BancShares Trading Up 6.5%

Shares of NASDAQ:FCNCA opened at $2,212.77 on Friday. The business’s 50 day moving average price is $2,059.46 and its 200-day moving average price is $2,017.36. First Citizens BancShares, Inc. has a 1 year low of $1,623.76 and a 1 year high of $2,232.21. The firm has a market capitalization of $25.65 billion, a price-to-earnings ratio of 12.73, a price-to-earnings-growth ratio of 1.57 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.

First Citizens BancShares (NASDAQ:FCNCA) last issued its quarterly earnings results on Thursday, July 23rd. The bank reported $57.09 EPS for the quarter, topping the consensus estimate of $0.41 by $56.68. The company had revenue of $2.24 billion during the quarter, compared to analyst estimates of $2.16 billion. First Citizens BancShares had a net margin of 15.62% and a return on equity of 11.48%. On average, equities research analysts forecast that First Citizens BancShares, Inc. will post 177.18 earnings per share for the current fiscal year.

First Citizens BancShares Announces Dividend

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

Analysts Set New Price Targets

A number of research analysts have weighed in on FCNCA shares. Citigroup cut shares of First Citizens BancShares from a “neutral” rating to a “market perform” rating in a report on Thursday, July 9th. Wall Street Zen raised shares of First Citizens BancShares from a “sell” rating to a “hold” rating in a research note on Saturday, June 27th. Piper Sandler set a $2,050.00 target price on First Citizens BancShares in a research report on Friday, April 24th. Keefe, Bruyette & Woods restated a “market perform” rating and issued a $2,300.00 price target on shares of First Citizens BancShares in a research note on Thursday, July 9th. Finally, TD Cowen cut their price target on First Citizens BancShares from $2,500.00 to $2,300.00 and set a “buy” rating for the company in a research note on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $2,251.15.

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.