Lee Financial Co Purchases 9,659 Shares of Citizens Financial Group, Inc. $CFG

Lee Financial Co raised its position in Citizens Financial Group, Inc. (NYSE:CFG) by 27.2% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 45,139 shares of the bank’s stock after buying an additional 9,659 shares during the period. Citizens Financial Group comprises 0.4% of Lee Financial Co’s investment portfolio, making the stock its 29th biggest position. Lee Financial Co’s holdings in Citizens Financial Group were worth $2,878,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Align Financial LLC purchased a new stake in shares of Citizens Financial Group during the 3rd quarter worth about $35,000. Dynamic Wealth Strategies LLC acquired a new stake in shares of Citizens Financial Group during the 3rd quarter valued at about $68,000. 1834 Investment Advisors Co. increased its stake in shares of Citizens Financial Group by 2,023.0% in the 3rd quarter. 1834 Investment Advisors Co. now owns 298,616 shares of the bank’s stock valued at $19,040,000 after purchasing an additional 284,550 shares in the last quarter. USA Financial Formulas purchased a new position in shares of Citizens Financial Group in the 3rd quarter valued at about $429,000. Finally, Sterling Investment Management LLC purchased a new position in shares of Citizens Financial Group in the 3rd quarter valued at about $2,164,000. Institutional investors and hedge funds own 94.90% of the company’s stock.

Citizens Financial Group Stock Performance

NYSE:CFG opened at $63.39 on Friday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.85 and a current ratio of 0.86. The stock has a market capitalization of $26.70 billion, a PE ratio of 12.75, a P/E/G ratio of 0.58 and a beta of 0.72. Citizens Financial Group, Inc. has a fifty-two week low of $48.31 and a fifty-two week high of $75.33. The company has a fifty day moving average of $68.03 and a two-hundred day moving average of $67.04.

Citizens Financial Group (NYSE:CFG) last announced its earnings results on Friday, October 16th. The bank reported $1.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.39 by $0.02. Citizens Financial Group had a net margin of 17.18% and a return on equity of 8.85%. The business had revenue of $2.32 billion for the quarter, compared to analyst estimates of $2.34 billion. During the same quarter last year, the business earned $1.05 earnings per share. As a group, research analysts forecast that Citizens Financial Group, Inc. will post 5.29 earnings per share for the current fiscal year.

Insider Activity at Citizens Financial Group

In related news, CEO Bruce Van Saun sold 129,369 shares of the company’s stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $72.07, for a total transaction of $9,323,623.83. Following the completion of the transaction, the chief executive officer owned 1,140,763 shares in the company, valued at $82,214,789.41. This represents a 10.19% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.67% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms recently weighed in on CFG. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Citizens Financial Group in a report on Friday. Keefe, Bruyette & Woods raised their price objective on Citizens Financial Group from $75.00 to $90.00 and gave the company an “outperform” rating in a report on Friday, July 17th. Royal Bank Of Canada raised their price objective on Citizens Financial Group from $70.00 to $79.00 and gave the company an “outperform” rating in a report on Friday, July 17th. DA Davidson restated a “neutral” rating on shares of Citizens Financial Group in a research report on Friday, August 14th. Finally, Robert W. Baird boosted their price objective on Citizens Financial Group from $72.00 to $75.00 and gave the company a “neutral” rating in a research report on Friday, July 17th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $79.08.

Key Citizens Financial Group News

Here are the key news stories impacting Citizens Financial Group this week:

• Positive Sentiment: Third-quarter net income rose 29% year over year to $636 million, while EPS increased 34% year over year and 8% sequentially to $1.41. The result exceeded consensus estimates of $1.39 and was well above the $1.05 reported in the prior-year quarter. Citizens Financial Group Reports Third Quarter 2026 Results
• Positive Sentiment: Higher net interest income supported the earnings beat, and management highlighted improved credit quality. These trends suggest better core banking profitability and reduced near-term credit-loss pressure. CFG Stock Up as Q3 Earnings Top Estimates
• Positive Sentiment: Citizens increased its dividend by 13%, improving the stock’s income appeal and signaling confidence in capital generation and future earnings. CFG Stock Up as Q3 Earnings Top Estimates, Dividend Hiked
• Neutral Sentiment: The earnings call and company release provide additional detail on quarterly performance and management’s outlook, but investors are balancing strong profitability against uneven revenue trends. Citizens Financial Group Q3 2026 Earnings Call Transcript
• Negative Sentiment: Revenue missed expectations, primarily because capital-markets fees declined. The shortfall helps explain why the market response was less favorable than the EPS beat alone might suggest. Citizens Financial Q3 Earnings Beat, Revenue Misses
• Negative Sentiment: Cantor Fitzgerald issued a pessimistic forecast for CFG, adding an additional source of downside pressure despite the quarterly earnings beat. Cantor Fitzgerald Issues Pessimistic Forecast

Citizens Financial Group Profile

Citizens Financial Group, Inc is a bank holding company headquartered in Providence, Rhode Island. Its principal subsidiary, Citizens Bank, provides banking and financial services to individuals, families, businesses and institutions through branches, digital channels and other delivery platforms.

The company’s consumer banking activities include checking and savings accounts, residential mortgages, home equity lending, credit cards, personal loans and other lending products. Through its commercial banking operations, Citizens provides business loans, commercial real estate financing, treasury management, capital markets services and other solutions for companies and institutional clients.