Empirical Asset Management LLC Makes New Investment in Citigroup Inc. $C

Empirical Asset Management LLC purchased a new position in shares of Citigroup Inc. (NYSE:C) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 18,579 shares of the company’s stock, valued at approximately $1,886,000.

Other institutional investors and hedge funds have also modified their holdings of the company. FMB Wealth Management lifted its stake in Citigroup by 4.1% in the third quarter. FMB Wealth Management now owns 2,618 shares of the company’s stock valued at $266,000 after buying an additional 103 shares in the last quarter. Tritonpoint Wealth LLC raised its holdings in shares of Citigroup by 2.1% during the third quarter. Tritonpoint Wealth LLC now owns 4,989 shares of the company’s stock worth $506,000 after acquiring an additional 104 shares during the period. Highline Wealth Partners LLC lifted its position in Citigroup by 35.3% in the 3rd quarter. Highline Wealth Partners LLC now owns 418 shares of the company’s stock valued at $42,000 after acquiring an additional 109 shares in the last quarter. Fullcircle Wealth LLC boosted its stake in Citigroup by 0.9% in the 2nd quarter. Fullcircle Wealth LLC now owns 13,097 shares of the company’s stock worth $1,206,000 after purchasing an additional 111 shares during the period. Finally, Arjuna Capital increased its holdings in Citigroup by 0.7% during the 3rd quarter. Arjuna Capital now owns 16,587 shares of the company’s stock worth $1,684,000 after purchasing an additional 112 shares in the last quarter. 71.72% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Cantu Ernesto Torres sold 43,173 shares of the company’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $111.09, for a total value of $4,796,088.57. Following the sale, the insider directly owned 45,835 shares of the company’s stock, valued at approximately $5,091,810.15. This represents a 48.50% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.08% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently commented on C shares. Weiss Ratings restated a “buy (b)” rating on shares of Citigroup in a report on Wednesday, January 21st. Piper Sandler set a $135.00 target price on Citigroup in a research note on Thursday, January 15th. TD Cowen reaffirmed a “hold” rating on shares of Citigroup in a research note on Wednesday, January 7th. UBS Group reiterated a “neutral” rating and issued a $132.00 price objective on shares of Citigroup in a report on Thursday, January 15th. Finally, Wolfe Research reissued an “outperform” rating and issued a $141.00 price objective on shares of Citigroup in a research report on Wednesday, January 7th. Fourteen research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, Citigroup currently has a consensus rating of “Moderate Buy” and a consensus price target of $127.25.

Key Headlines Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citigroup agreed to sell a 24% stake in Banamex for about $2.5 billion, marking another step toward a planned IPO of its Mexican retail unit. The transaction brings near-term cash proceeds, reduces exposure to Mexico prior to an IPO, and signals progress on Citi’s ongoing restructuring program. Citi signs deal to sell 24% equity stake in Banamex (Reuters)
• Positive Sentiment: Multiple reports confirm the Banamex stake sales include institutional/private-equity buyers (including reports naming Blackstone and family offices), reinforcing the view that Citi can monetize the unit at attractive terms and accelerate its separation/IPO timeline. This should support capital flexibility and strategy execution. Citi to sell another stake in Mexico’s Banamex ahead of IPO (FT)
• Neutral Sentiment: Citigroup’s trading desk noted hedge-fund clients sold the U.S. dollar around the Supreme Court tariff ruling — this speaks to client flow volatility and trading revenue variability but is not a direct credit or balance-sheet event for Citi. It may affect short-term trading results. Citigroup’s hedge fund clients sold the dollar around Supreme Court tariff ruling (Yahoo)
• Neutral Sentiment: Citi participated as an anchor investor in an upcoming IPO in India (PNGS Reva), reflecting ongoing investment-banking activity in emerging markets — helps fee pipeline but is routine for the franchise. PNGS Reva IPO: Citigroup, Societe Generale back jeweller in Rs 170 crore anchor round (Economic Times)
• Negative Sentiment: The White House is reportedly weighing an order to require banks to collect citizenship information from new and existing customers. If implemented, this would raise compliance, onboarding friction and operational costs for large banks like Citi and could complicate retail deposit growth and cross‑border customer handling. White House Weighs Requiring Citizenship Checks for Bank Customers (PYMNTS)
• Negative Sentiment: Broader financial-stocks weakness was reported in afternoon trading, which can exacerbate downward pressure on large bank names including Citi even when company-specific headlines are mixed. Sector moves and macro sentiment remain important near-term drivers. Sector Update: Financial Stocks Decline Late Afternoon (Yahoo)

Citigroup Stock Down 1.1%

NYSE:C opened at $109.57 on Wednesday. Citigroup Inc. has a twelve month low of $55.51 and a twelve month high of $125.16. The firm has a market capitalization of $196.05 billion, a price-to-earnings ratio of 15.72, a price-to-earnings-growth ratio of 0.71 and a beta of 1.18. 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 stock’s 50 day moving average price is $116.69 and its two-hundred day moving average price is $105.82.

Citigroup (NYSE:C) last released its earnings results on Wednesday, January 14th. The company reported $1.81 earnings per share for the quarter, beating the consensus estimate of $1.65 by $0.16. The business had revenue of $19.87 billion during the quarter, compared to analysts’ expectations of $20.99 billion. Citigroup had a net margin of 8.50% and a return on equity of 8.28%. The firm’s revenue was up 2.1% on a year-over-year basis. During the same period last year, the business earned $1.34 earnings per share. Equities research analysts expect that Citigroup Inc. will post 7.53 earnings per share for the current fiscal year.

Citigroup Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Monday, February 2nd will be paid a dividend of $0.60 per share. The ex-dividend date is Monday, February 2nd. This represents a $2.40 annualized dividend and a dividend yield of 2.2%. Citigroup’s payout ratio is currently 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.