Boston Common Asset Management LLC Makes New $2.74 Million Investment in Citizens Financial Group, Inc. $CFG

Boston Common Asset Management LLC acquired a new position in shares of Citizens Financial Group, Inc. (NYSE:CFG) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 45,677 shares of the bank’s stock, valued at approximately $2,739,000.

Other large investors also recently made changes to their positions in the company. Parallel Advisors LLC grew its stake in shares of Citizens Financial Group by 2.9% in the fourth quarter. Parallel Advisors LLC now owns 6,078 shares of the bank’s stock valued at $355,000 after buying an additional 172 shares in the last quarter. AA Financial Advisors LLC raised its position in Citizens Financial Group by 3.9% during the fourth quarter. AA Financial Advisors LLC now owns 4,657 shares of the bank’s stock worth $272,000 after acquiring an additional 174 shares in the last quarter. Inscription Capital LLC lifted its stake in Citizens Financial Group by 1.6% in the fourth quarter. Inscription Capital LLC now owns 10,902 shares of the bank’s stock valued at $637,000 after acquiring an additional 175 shares during the last quarter. Clear Harbor Asset Management LLC lifted its stake in Citizens Financial Group by 0.9% in the fourth quarter. Clear Harbor Asset Management LLC now owns 19,694 shares of the bank’s stock valued at $1,150,000 after acquiring an additional 175 shares during the last quarter. Finally, Grove Bank & Trust grew its position in shares of Citizens Financial Group by 19.8% in the 4th quarter. Grove Bank & Trust now owns 1,107 shares of the bank’s stock valued at $65,000 after acquiring an additional 183 shares during the period. Institutional investors and hedge funds own 94.90% of the company’s stock.

Insiders Place Their Bets

In other Citizens Financial Group news, insider Michelle Moosally sold 6,050 shares of the stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $62.16, for a total value of $376,068.00. Following the transaction, the insider directly owned 22,565 shares of the company’s stock, valued at $1,402,640.40. This represents a 21.14% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.67% of the stock is currently owned by corporate insiders.

Key Stories Impacting Citizens Financial Group

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

• Positive Sentiment: Citizens Financial reported better-than-expected Q2 2026 results, with EPS of $1.30 versus $1.25 expected and revenue of $2.28 billion versus $2.25 billion expected, driven by stronger net interest income and fee growth. Reuters article
• Positive Sentiment: The company said net income rose 35% year over year to $587 million and EPS increased 41% year over year, reinforcing momentum in profitability. Business Wire article
• Positive Sentiment: Several analysts raised price targets after the earnings release, including Keefe, Bruyette & Woods to $90, RBC to $79, Barclays to $81, and Baird to $75, signaling improving Wall Street sentiment. Benzinga article
• Positive Sentiment: Analysts also highlighted a raised net interest margin outlook and solid private bank growth, which may support expectations for continued earnings strength. Read More.
• Positive Sentiment: The company declared a quarterly dividend of $0.46 per share, underscoring capital return to shareholders.

Citizens Financial Group Price Performance

NYSE:CFG opened at $72.34 on Monday. Citizens Financial Group, Inc. has a one year low of $45.90 and a one year high of $74.70. The company has a market cap of $30.59 billion, a P/E ratio of 15.69, a P/E/G ratio of 0.60 and a beta of 0.67. The firm’s fifty day moving average price is $66.42 and its two-hundred day moving average price is $63.62. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.86 and a quick ratio of 0.85.

Citizens Financial Group (NYSE:CFG) last issued its quarterly earnings data on Thursday, July 16th. The bank reported $1.30 earnings per share for the quarter, beating the consensus estimate of $1.25 by $0.05. The company had revenue of $2.28 billion for the quarter, compared to analyst estimates of $2.25 billion. Citizens Financial Group had a net margin of 17.18% and a return on equity of 8.85%. The company’s revenue was up 12.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.92 earnings per share. Equities analysts expect that Citizens Financial Group, Inc. will post 5.25 earnings per share for the current year.

Citizens Financial Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 13th. Investors of record on Thursday, July 30th will be paid a $0.46 dividend. The ex-dividend date is Thursday, July 30th. This represents a $1.84 dividend on an annualized basis and a yield of 2.5%. Citizens Financial Group’s dividend payout ratio is 39.91%.

Analysts Set New Price Targets

Several research firms have recently weighed in on CFG. Keefe, Bruyette & Woods boosted their price objective on shares of Citizens Financial Group from $75.00 to $90.00 and gave the stock an “outperform” rating in a research note on Friday. Jefferies Financial Group raised their target price on shares of Citizens Financial Group from $85.00 to $90.00 and gave the company a “buy” rating in a research note on Thursday. Royal Bank Of Canada lifted their price target on Citizens Financial Group from $70.00 to $79.00 and gave the stock an “outperform” rating in a report on Friday. Morgan Stanley boosted their price target on Citizens Financial Group from $73.00 to $79.00 and gave the stock an “overweight” rating in a research report on Monday, June 29th. Finally, Weiss Ratings upgraded Citizens Financial Group from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 6th. Sixteen equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $77.85.

About Citizens Financial Group

Citizens Financial Group, Inc (NYSE: CFG) is a bank holding company that provides a broad range of banking and financial services to individuals, small and middle-market businesses, corporations and institutional clients. Headquartered in Providence, Rhode Island, Citizens conducts its banking operations principally through its primary banking subsidiary, Citizens Bank, and serves customers through a combination of branch locations, ATMs and digital channels. The company is publicly traded and operates under the regulatory framework applicable to U.S.