Legal & General Group Plc Has $195.63 Million Position in Fifth Third Bancorp $FITB

Legal & General Group Plc grew its stake in Fifth Third Bancorp (NASDAQ:FITB) by 1.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 4,391,148 shares of the financial services provider’s stock after acquiring an additional 83,666 shares during the period. Legal & General Group Plc’s holdings in Fifth Third Bancorp were worth $195,626,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently modified their holdings of the company. AE Wealth Management LLC boosted its holdings in shares of Fifth Third Bancorp by 4.7% during the third quarter. AE Wealth Management LLC now owns 348,001 shares of the financial services provider’s stock worth $15,503,000 after acquiring an additional 15,627 shares during the period. Bahl & Gaynor Inc. increased its stake in shares of Fifth Third Bancorp by 18.0% during the third quarter. Bahl & Gaynor Inc. now owns 161,369 shares of the financial services provider’s stock worth $7,189,000 after purchasing an additional 24,566 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of Fifth Third Bancorp by 2.4% during the third quarter. Envestnet Asset Management Inc. now owns 2,023,145 shares of the financial services provider’s stock worth $90,131,000 after purchasing an additional 48,080 shares during the period. Generali Asset Management SPA SGR acquired a new stake in Fifth Third Bancorp during the 3rd quarter worth approximately $1,314,000. Finally, Westfield Capital Management Co. LP lifted its holdings in Fifth Third Bancorp by 26.6% during the 3rd quarter. Westfield Capital Management Co. LP now owns 1,619,948 shares of the financial services provider’s stock worth $72,169,000 after purchasing an additional 340,030 shares during the last quarter. Institutional investors and hedge funds own 83.79% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have commented on FITB shares. Keefe, Bruyette & Woods upped their price objective on Fifth Third Bancorp from $53.00 to $55.00 and gave the company a “market perform” rating in a report on Wednesday, January 21st. Barclays lifted their target price on Fifth Third Bancorp from $51.00 to $61.00 and gave the stock an “overweight” rating in a report on Monday, January 5th. Morgan Stanley boosted their target price on shares of Fifth Third Bancorp from $60.00 to $67.00 and gave the company an “overweight” rating in a research report on Monday, March 2nd. Citigroup upped their price target on shares of Fifth Third Bancorp from $50.00 to $53.00 and gave the company a “neutral” rating in a research note on Friday, January 23rd. Finally, Robert W. Baird raised their price target on shares of Fifth Third Bancorp from $50.00 to $55.00 in a research report on Wednesday, December 17th. Seventeen analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $56.91.

Fifth Third Bancorp Price Performance

Shares of NASDAQ FITB opened at $43.59 on Friday. The business has a fifty day moving average price of $50.53 and a two-hundred day moving average price of $46.59. The stock has a market capitalization of $39.47 billion, a PE ratio of 12.31, a P/E/G ratio of 0.91 and a beta of 0.96. The company has a debt-to-equity ratio of 0.68, a current ratio of 0.83 and a quick ratio of 0.82. Fifth Third Bancorp has a fifty-two week low of $32.25 and a fifty-two week high of $55.44.

Fifth Third Bancorp News Summary

Here are the key news stories impacting Fifth Third Bancorp this week:

• Positive Sentiment: Management says AI has materially improved productivity — CEO reportedly said the firm “doubled in size with 20% fewer headcount,” signaling meaningful cost efficiencies and higher operating leverage potential. FITB has doubled in size with 20% fewer headcount because of AI
• Positive Sentiment: CEO says ~60% of employees use an AI tool in daily workflows, reinforcing the company’s efficiency narrative and potential margin upside if adoption continues. Fifth Third Bank CEO: 60% of the company’s employees use AI
• Positive Sentiment: Analyst pieces highlighting FITB’s dividend and relative valuation may attract income-oriented buyers—supports a longer-term bullish case if fundamentals stabilize. Fifth Third Bancorp (FITB) Could Be a Great Choice
• Neutral Sentiment: Management presented at the RBC Financial Institutions Conference and released a transcript — useful for digging into guidance and integration details but not a direct catalyst by itself. Fifth Third Bancorp Presents at RBC Conference (transcript)
• Negative Sentiment: The company trimmed its 2026 non‑interest (fee) income outlook and updated Comerica integration progress while raising its synergy target — the cut to fee income outlook was cited as the main near-term driver of the stock decline. FITB Stock Dips on Lower 2026 Fee Income Outlook, Raises Synergy Target
• Negative Sentiment: Company issued soft Q1 guidance, which analysts and traders treated as a near-term earnings risk and pressured the share price. Stock slides after soft Q1 guidance
• Negative Sentiment: Two law firms have launched fiduciary-duty investigations (Lowey Dannenberg and Scott+Scott) into the board/officers, raising governance and litigation risk that can weigh on sentiment and create potential legal costs. Lowey Dannenberg investigation Scott+Scott investigation
• Negative Sentiment: CEO Tim Spence received a pay raise after the Comerica acquisition; combined with governance probes, this may heighten shareholder concerns about executive compensation and board oversight. CEO pay raise after Comerica acquisition

About Fifth Third Bancorp

Fifth Third Bancorp is a Cincinnati, Ohio–based bank holding company whose primary banking subsidiary operates as Fifth Third Bank. The company provides a broad range of financial services to individual consumers, small businesses, middle-market companies and large corporations. Its business mix includes retail and commercial banking, lending, payment and card services, treasury and cash management, and wealth management and investment advisory services delivered through a combination of branch locations, commercial offices and digital platforms.

On the consumer side, Fifth Third offers deposit accounts, consumer loans, mortgages, auto financing and credit card products, along with digital banking and mobile services.