Bank of New York Mellon Corp Raises Position in Citigroup Inc. $C

Bank of New York Mellon Corp boosted its position in Citigroup Inc. (NYSE:C) by 17.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 28,125,995 shares of the company’s stock after purchasing an additional 4,211,099 shares during the period. Citigroup comprises approximately 0.5% of Bank of New York Mellon Corp’s portfolio, making the stock its 29th biggest holding. Bank of New York Mellon Corp owned 1.53% of Citigroup worth $2,854,788,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. FMB Wealth Management lifted its position in shares of Citigroup by 4.1% during the 3rd quarter. FMB Wealth Management now owns 2,618 shares of the company’s stock valued at $266,000 after buying an additional 103 shares during the last quarter. Tritonpoint Wealth LLC raised its stake in Citigroup by 2.1% in the 3rd quarter. Tritonpoint Wealth LLC now owns 4,989 shares of the company’s stock valued at $506,000 after acquiring an additional 104 shares during the period. Onyx Bridge Wealth Group LLC lifted its holdings in Citigroup by 3.6% during the second quarter. Onyx Bridge Wealth Group LLC now owns 3,117 shares of the company’s stock valued at $265,000 after purchasing an additional 109 shares during the last quarter. Highline Wealth Partners LLC boosted its position in Citigroup by 35.3% during the third quarter. Highline Wealth Partners LLC now owns 418 shares of the company’s stock worth $42,000 after purchasing an additional 109 shares during the period. Finally, Fullcircle Wealth LLC increased its stake in shares of Citigroup by 0.9% in the second quarter. Fullcircle Wealth LLC now owns 13,097 shares of the company’s stock worth $1,206,000 after purchasing an additional 111 shares in the last quarter. 71.72% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. Keefe, Bruyette & Woods boosted their price target on shares of Citigroup from $118.00 to $131.00 and gave the company an “outperform” rating in a research report on Wednesday, December 17th. TD Cowen restated a “hold” rating on shares of Citigroup in a research report on Wednesday, January 7th. The Goldman Sachs Group raised their price target on Citigroup from $113.00 to $127.00 and gave the stock a “buy” rating in a report on Tuesday, January 6th. Barclays boosted their price objective on Citigroup from $115.00 to $146.00 and gave the company an “overweight” rating in a research note on Monday, January 5th. Finally, Truist Financial raised their target price on Citigroup from $123.00 to $129.00 and gave the stock a “buy” rating in a research note on Tuesday, January 6th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $125.56.

More Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: CEO Jane Fraser says ~175,000 employees are being trained on AI to “reinvent themselves,” a large-scale upskilling push that could improve long‑term productivity, lower operating costs and support digital transformation across wealth, consumer and institutional businesses. Fortune: Citigroup CEO says 175,000 employees are being trained with AI
• Positive Sentiment: Citigroup joins peers in boosting investment banker bonuses (reported alongside UBS and Morgan Stanley), supporting front‑office retention and deal execution capacity — positive for fee‑revenue generation even if near‑term compensation costs tick up. MSN: UBS, Citigroup, Morgan Stanley boost bonuses
• Neutral Sentiment: Broader market themes (crypto holdings growth, energy price swings, AI-driven power demand) are moving institutional flows and sector rotations; these trends could indirectly affect Citi via client activity but the near‑term impact is unclear. Cointelegraph: Public companies grow Bitcoin holdings
• Negative Sentiment: A former managing director sued Citi alleging sexual harassment by wealth‑management chief Andy Sieg; Citigroup denies the claims and is seeking to move the matter to arbitration. The suit raises reputational risk and potential legal/disruption costs while investors await outcomes and any governance disclosures. Reuters: Citigroup rejects harassment claims, seeks arbitration
• Negative Sentiment: Management flagged the risk of a market “volatility event” driven by rising interest rates, a scenario that could hit trading revenues, mark‑to‑market positions and capital ratios if realized. Watch trading net interest margin and risk disclosures. CNBC: Citigroup worried about rate-driven volatility event

Citigroup Trading Down 0.0%

NYSE C opened at $114.77 on Wednesday. The stock’s 50-day simple moving average is $112.70 and its two-hundred day simple moving average is $102.64. Citigroup Inc. has a twelve month low of $55.51 and a twelve month high of $124.17. The company has a quick ratio of 0.99, a current ratio of 1.00 and a debt-to-equity ratio of 1.63. The company has a market capitalization of $205.35 billion, a price-to-earnings ratio of 16.47, a PEG ratio of 0.73 and a beta of 1.18.

Citigroup (NYSE:C) last posted its quarterly earnings data on Wednesday, January 14th. The company reported $1.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.65 by $0.16. The firm had revenue of $19.87 billion during the quarter, compared to analysts’ expectations of $20.99 billion. Citigroup had a return on equity of 8.28% and a net margin of 8.50%.The company’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same period in the prior year, the business earned $1.34 EPS. Research analysts forecast that Citigroup Inc. will post 7.53 EPS for the current fiscal year.

Citigroup Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Monday, February 2nd will be paid a dividend of $0.60 per share. The ex-dividend date of this dividend is Monday, February 2nd. This represents a $2.40 annualized dividend and a dividend yield of 2.1%. Citigroup’s dividend payout ratio (DPR) is 34.43%.

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.