Citigroup Inc. $C Shares Sold by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. decreased its position in shares of Citigroup Inc. (NYSE:C) by 14.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 637,555 shares of the company’s stock after selling 110,514 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Citigroup were worth $89,232,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Cora Capital Advisors LLC raised its holdings in Citigroup by 3.1% during the first quarter. Cora Capital Advisors LLC now owns 2,609 shares of the company’s stock worth $296,000 after purchasing an additional 78 shares during the last quarter. CFS Investment Advisory Services LLC grew its holdings in Citigroup by 0.4% in the first quarter. CFS Investment Advisory Services LLC now owns 20,596 shares of the company’s stock valued at $2,336,000 after purchasing an additional 79 shares during the last quarter. American Trust grew its holdings in Citigroup by 3.6% in the second quarter. American Trust now owns 2,331 shares of the company’s stock valued at $326,000 after purchasing an additional 80 shares during the last quarter. Invst LLC increased its position in shares of Citigroup by 0.8% in the second quarter. Invst LLC now owns 9,601 shares of the company’s stock valued at $1,344,000 after buying an additional 80 shares in the last quarter. Finally, Verus Capital Partners LLC increased its position in shares of Citigroup by 3.1% in the fourth quarter. Verus Capital Partners LLC now owns 2,748 shares of the company’s stock valued at $321,000 after buying an additional 82 shares in the last quarter. Institutional investors and hedge funds own 71.72% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on C. JPMorgan Chase & Co. boosted their price objective on shares of Citigroup from $135.50 to $149.00 and gave the stock an “overweight” rating in a research report on Monday, July 6th. Oppenheimer downgraded shares of Citigroup from an “outperform” rating to a “market perform” rating in a report on Tuesday, June 30th. Argus set a $150.00 target price on shares of Citigroup in a research report on Wednesday, July 15th. Wells Fargo & Company upped their price target on shares of Citigroup from $162.00 to $165.00 and gave the company an “overweight” rating in a report on Thursday, June 18th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $150.00 price target on shares of Citigroup in a research report on Wednesday, July 15th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $145.22.

Citigroup Price Performance

Citigroup stock opened at $132.53 on Wednesday. Citigroup Inc. has a 1 year low of $92.96 and a 1 year high of $147.96. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.99 and a current ratio of 0.99. The firm has a 50 day moving average price of $135.66 and a 200 day moving average price of $127.00. The company has a market cap of $226.04 billion, a price-to-earnings ratio of 14.31, a PEG ratio of 0.59 and a beta of 1.12.

Citigroup (NYSE:C) last announced its quarterly earnings results on Tuesday, July 14th. The company reported $3.15 earnings per share for the quarter, beating analysts’ consensus estimates of $2.74 by $0.41. The company had revenue of $24.77 billion for the quarter, compared to analyst estimates of $23.74 billion. Citigroup had a net margin of 10.23% and a return on equity of 10.15%. Citigroup’s revenue for the quarter was up 14.5% on a year-over-year basis. During the same quarter last year, the business earned $1.96 EPS. Sell-side analysts predict that Citigroup Inc. will post 11.21 earnings per share for the current year.

Citigroup Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Monday, August 3rd were given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 2.0%. This is a boost from Citigroup’s previous quarterly dividend of $0.60. The ex-dividend date of this dividend was Monday, August 3rd. Citigroup’s dividend payout ratio (DPR) is presently 28.94%.

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

Key Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Analysts currently assign Citigroup an average “Moderate Buy” rating, reinforcing the view that the stock’s valuation and improving fundamentals remain attractive. Citigroup Receives Moderate Buy Rating
• Positive Sentiment: Erste Group Bank raised its fiscal 2026 EPS forecast for Citigroup (C), offering a positive signal for expected earnings momentum. The upgrade follows Citigroup’s recent quarterly beat, in which EPS and revenue exceeded consensus estimates and revenue grew year over year. Citigroup FY2026 EPS Forecast Raised
• Positive Sentiment: Citigroup is expanding its North Asia desk workforce by roughly 25%, indicating continued investment in the region and confidence in potential growth across Asian financial markets. The move could support future revenue in investment banking, markets and wealth management, although it may raise near-term expenses. Citigroup Expands North Asia Desk
• Positive Sentiment: Citigroup and other major banks are asking elite law firms to reduce hourly fees as artificial intelligence makes routine legal work more efficient. If successful, lower external legal costs could improve operating efficiency, though the financial impact is likely modest relative to Citigroup’s overall expense base. Wall Street Banks Seek Lower Legal Fees
• Neutral Sentiment: Citigroup recommended buying the dip in Howmet Aerospace and placed Kroger on a short-term downside catalyst watch. These research calls may enhance Citi’s investment-banking and research profile, but they have no direct material effect on C stock. Citigroup Research Calls on Howmet Aerospace
• Neutral Sentiment: A planned atrium and headquarters renovation in Belfast highlights Citigroup’s ongoing investment in its international operations, but it is unlikely to be a meaningful near-term stock catalyst. Citigroup Belfast Headquarters Renovation

Citigroup Company Profile

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.