DA Davidson Forecasts Strong Price Appreciation for Cullen/Frost Bankers (NYSE:CFR) Stock

Cullen/Frost Bankers (NYSE:CFR) had its target price raised by investment analysts at DA Davidson from $136.00 to $144.00 in a report issued on Friday,Benzinga reports. The brokerage currently has a “neutral” rating on the bank’s stock. DA Davidson’s price objective suggests a potential upside of 4.59% from the stock’s previous close.

Other equities research analysts have also issued research reports about the stock. Keefe, Bruyette & Woods upped their price target on shares of Cullen/Frost Bankers from $150.00 to $160.00 and gave the company an “outperform” rating in a research report on Friday. Citigroup increased their price target on shares of Cullen/Frost Bankers from $112.00 to $114.00 and gave the stock a “sell” rating in a research report on Friday, October 31st. Barclays lifted their price target on shares of Cullen/Frost Bankers from $140.00 to $150.00 and gave the stock an “equal weight” rating in a research note on Friday. Royal Bank Of Canada upped their price objective on Cullen/Frost Bankers from $144.00 to $150.00 and gave the stock a “sector perform” rating in a research note on Friday. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Cullen/Frost Bankers in a research report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $138.18.

Cullen/Frost Bankers Trading Down 0.8%

Shares of NYSE CFR opened at $137.69 on Friday. The firm’s 50 day moving average price is $131.25 and its 200-day moving average price is $128.46. Cullen/Frost Bankers has a 52-week low of $100.31 and a 52-week high of $145.53. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.65 and a current ratio of 0.65. The company has a market cap of $8.80 billion, a PE ratio of 13.88, a P/E/G ratio of 2.74 and a beta of 0.63.

Cullen/Frost Bankers (NYSE:CFR) last issued its earnings results on Thursday, January 29th. The bank reported $2.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.47 by $0.09. Cullen/Frost Bankers had a net margin of 21.99% and a return on equity of 15.79%. The company had revenue of $1.05 billion for the quarter, compared to analysts’ expectations of $578.05 million. During the same quarter last year, the company posted $2.36 earnings per share. On average, equities research analysts expect that Cullen/Frost Bankers will post 8.85 EPS for the current fiscal year.

Insider Activity at Cullen/Frost Bankers

In other news, EVP Coolidge E. Rhodes, Jr. sold 700 shares of the stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $127.00, for a total transaction of $88,900.00. Following the transaction, the executive vice president owned 3,795 shares of the company’s stock, valued at approximately $481,965. This represents a 15.57% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 2.89% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in CFR. State of New Jersey Common Pension Fund D raised its holdings in shares of Cullen/Frost Bankers by 6.2% during the fourth quarter. State of New Jersey Common Pension Fund D now owns 17,901 shares of the bank’s stock worth $2,267,000 after purchasing an additional 1,050 shares during the last quarter. Cardinal Capital Management boosted its position in Cullen/Frost Bankers by 0.5% in the 4th quarter. Cardinal Capital Management now owns 18,134 shares of the bank’s stock worth $2,296,000 after purchasing an additional 98 shares in the last quarter. Vest Financial LLC grew its stake in shares of Cullen/Frost Bankers by 16.3% during the 4th quarter. Vest Financial LLC now owns 45,963 shares of the bank’s stock worth $5,820,000 after purchasing an additional 6,442 shares during the period. Mitsubishi UFJ Trust & Banking Corp lifted its stake in shares of Cullen/Frost Bankers by 109.7% in the 4th quarter. Mitsubishi UFJ Trust & Banking Corp now owns 6,123 shares of the bank’s stock valued at $775,000 after purchasing an additional 3,203 shares during the period. Finally, Pictet Asset Management Holding SA boosted its holdings in Cullen/Frost Bankers by 5.0% during the fourth quarter. Pictet Asset Management Holding SA now owns 8,564 shares of the bank’s stock worth $1,084,000 after buying an additional 405 shares in the last quarter. Hedge funds and other institutional investors own 86.90% of the company’s stock.

Cullen/Frost Bankers News Summary

Here are the key news stories impacting Cullen/Frost Bankers this week:

• Positive Sentiment: Q4 earnings beat — Cullen/Frost reported roughly $2.56–$2.57 EPS, topping expectations, with revenue of ~$1.05B (well above consensus) driven by year‑over‑year net interest income and fee‑income growth. This outperformance is the main fundamental positive supporting the stock. Cullen/Frost Q4 Earnings Beat
• Positive Sentiment: Shareholder returns boosted — the board declared a $1.00 quarterly dividend and authorized a $300M stock‑repurchase program, which supports EPS and investor demand. Q4 & Annual Results / Buyback
• Positive Sentiment: Analyst optimism — several firms raised price targets this morning (Keefe, Bruyette & Woods to $160; Barclays to $150; RBC to $150), implying notable upside (~9–16%) from current levels and signaling improved analyst conviction. Keefe PT Raise Barclays PT Raise RBC PT Raise
• Neutral Sentiment: Board refresh — two new directors (Marsha M. Shields and Jeff Rummel) were elected and longtime director Chris Avery will retire; governance update but not an earnings driver. Board Announcement
• Neutral Sentiment: DA Davidson raised its price target (to $144) but kept a “neutral” rating, so the move is modestly supportive but not a clear buy signal. DA Davidson PT Raise
• Negative Sentiment: Expense pressure — management noted higher non‑interest expenses remain a drag on margins, which could cap near‑term upside despite revenue strength. Expense Headwinds

About Cullen/Frost Bankers

Cullen/Frost Bankers, Inc is the holding company for Frost Bank, a Texas-chartered financial institution whose origins date back to 1868 in San Antonio. As one of the oldest banking organizations in the state, it offers a broad range of services to individuals, small and large businesses, and institutional clients. Core banking activities include commercial lending, deposit services, cash management and trade finance, while consumer products cover residential mortgages, personal lines of credit and home equity loans.

Beyond traditional banking, the company provides comprehensive treasury and equipment leasing solutions tailored to support working capital and capital expenditure requirements.