Fifth Third Bancorp (NASDAQ:FITB) Shares Acquired Rep. David Taylor

Representative David Taylor (Republican-Ohio) recently bought shares of Fifth Third Bancorp (NASDAQ:FITB). In a filing disclosed on March 20th, the Representative disclosed that they had bought between $1,001 and $15,000 in Fifth Third Bancorp stock on March 11th. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SARDINIA READY MIX 401(K) – DAVE” account.

Representative David Taylor also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Chevron (NYSE:CVX) on 3/12/2026.
• Purchased $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 3/12/2026.
• Purchased $1,001 – $15,000 in shares of Installed Building Products (NYSE:IBP) on 3/12/2026.
• Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 3/12/2026.
• Purchased $1,001 – $15,000 in shares of RPM International (NYSE:RPM) on 3/12/2026.
• Purchased $1,001 – $15,000 in shares of Parker-Hannifin (NYSE:PH) on 3/12/2026.
• Sold $1,001 – $15,000 in shares of Marathon Petroleum (NYSE:MPC) on 3/11/2026.
• Sold $1,001 – $15,000 in shares of Chevron (NYSE:CVX) on 3/11/2026.
• Purchased $1,001 – $15,000 in shares of RPM International (NYSE:RPM) on 3/11/2026.
• Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 2/26/2026.

Fifth Third Bancorp Stock Performance

Shares of Fifth Third Bancorp stock opened at $45.37 on Tuesday. The company has a 50 day moving average price of $49.85 and a 200 day moving average price of $46.54. The firm has a market capitalization of $41.09 billion, a P/E ratio of 12.82, a PEG ratio of 0.88 and a beta of 0.96. The company has a quick ratio of 0.82, a current ratio of 0.83 and a debt-to-equity ratio of 0.68. Fifth Third Bancorp has a 52 week low of $32.25 and a 52 week high of $55.44.

Fifth Third Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend is Tuesday, March 31st. Fifth Third Bancorp’s dividend payout ratio (DPR) is presently 45.20%.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. JPMorgan Chase & Co. assumed coverage on shares of Fifth Third Bancorp in a report on Monday, March 16th. They issued an “overweight” rating and a $50.50 price target for the company. Morgan Stanley boosted their price objective on shares of Fifth Third Bancorp from $60.00 to $67.00 and gave the company an “overweight” rating in a report on Monday, March 2nd. Janney Montgomery Scott upped their target price on Fifth Third Bancorp from $51.00 to $56.25 and gave the company a “buy” rating in a research report on Wednesday, January 21st. Piper Sandler raised their target price on Fifth Third Bancorp from $50.00 to $57.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 21st. Finally, Stephens lifted their price target on Fifth Third Bancorp from $54.00 to $57.00 and gave the stock an “overweight” rating in a research report on Thursday, December 18th. Seventeen investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, Fifth Third Bancorp presently has an average rating of “Moderate Buy” and an average price target of $56.99.

Institutional Trading of Fifth Third Bancorp

A number of hedge funds have recently modified their holdings of FITB. AE Wealth Management LLC increased its position in 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 purchasing an additional 15,627 shares during the last quarter. Bahl & Gaynor Inc. grew its stake in shares of Fifth Third Bancorp by 18.0% in the 3rd quarter. Bahl & Gaynor Inc. now owns 161,369 shares of the financial services provider’s stock valued at $7,189,000 after buying an additional 24,566 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of Fifth Third Bancorp by 2.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 2,023,145 shares of the financial services provider’s stock valued at $90,131,000 after buying an additional 48,080 shares during the period. Generali Asset Management SPA SGR acquired a new stake in shares of Fifth Third Bancorp during the 3rd quarter worth approximately $1,314,000. Finally, Westfield Capital Management Co. LP raised its position in shares of 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 valued at $72,169,000 after buying an additional 340,030 shares during the period. Hedge funds and other institutional investors own 83.79% of the company’s stock.

About Representative Taylor

David Taylor (Republican Party) is a member of the U.S. House, representing Ohio’s 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Taylor (Republican Party) ran for election to the U.S. House to represent Ohio’s 2nd Congressional District. He won in the general election on November 5, 2024.

David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor’s career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.

Fifth Third Bancorp Company Profile

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.