Acumen Wealth Advisors LLC Purchases 6,787 Shares of Citigroup Inc. $C

Acumen Wealth Advisors LLC increased its position in Citigroup Inc. (NYSE:C) by 276.0% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 9,246 shares of the company’s stock after purchasing an additional 6,787 shares during the quarter. Acumen Wealth Advisors LLC’s holdings in Citigroup were worth $1,049,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in C. First Trust Advisors LP increased its stake in shares of Citigroup by 10.6% during the first quarter. First Trust Advisors LP now owns 1,202,559 shares of the company’s stock valued at $136,382,000 after purchasing an additional 115,099 shares in the last quarter. Chase Investment Counsel Corp bought a new position in Citigroup during the 1st quarter valued at approximately $207,000. Danica Pension Livsforsikringsaktieselskab boosted its holdings in Citigroup by 9.7% in the first quarter. Danica Pension Livsforsikringsaktieselskab now owns 221,163 shares of the company’s stock worth $25,082,000 after acquiring an additional 19,561 shares in the last quarter. ABN Amro Investment Solutions grew its stake in shares of Citigroup by 14.3% in the first quarter. ABN Amro Investment Solutions now owns 99,730 shares of the company’s stock worth $11,310,000 after acquiring an additional 12,444 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its holdings in shares of Citigroup by 2.2% during the first quarter. PNC Financial Services Group Inc. now owns 453,950 shares of the company’s stock valued at $51,483,000 after acquiring an additional 9,948 shares in the last quarter. 71.72% of the stock is currently owned by institutional investors.

Citigroup Stock Performance

Shares of NYSE C opened at $132.82 on Wednesday. Citigroup Inc. has a 12-month low of $87.94 and a 12-month high of $147.96. The firm has a market capitalization of $226.54 billion, a price-to-earnings ratio of 14.34, a price-to-earnings-growth ratio of 0.58 and a beta of 1.11. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 1.71. The firm has a 50 day moving average of $134.53 and a 200 day moving average of $123.56.

Citigroup (NYSE:C) last issued its quarterly earnings results on Tuesday, July 14th. The company reported $3.15 earnings per share for the quarter, topping the consensus estimate of $2.74 by $0.41. Citigroup had a net margin of 10.23% and a return on equity of 10.15%. The business had revenue of $24.75 billion for the quarter, compared to analysts’ expectations of $23.74 billion. During the same quarter last year, the company posted $1.96 EPS. The company’s revenue was up 14.5% compared to the same quarter last year. On average, research analysts anticipate that Citigroup Inc. will post 11.22 earnings per share for the current year.

Citigroup announced that its board has initiated a stock repurchase program on Thursday, May 7th that allows the company to buyback $30.00 billion in shares. This buyback authorization allows the company to reacquire up to 13.7% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s management believes its stock is undervalued.

Insider Buying and Selling at Citigroup

In related news, Director John Cunningham Dugan sold 2,117 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $125.30, for a total transaction of $265,260.10. Following the completion of the transaction, the director directly owned 12,194 shares in the company, valued at approximately $1,527,908.20. The trade was a 14.79% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.11% of the stock is currently owned by insiders.

Citigroup News Roundup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citigroup posted strong Q2 results, with net income surging 45% and revenue reaching a decade high of $24.8 billion, reinforcing the case that the bank’s turnaround is gaining traction. Citi (C) Q2 2026 Earnings Call Transcript
• Positive Sentiment: The board declared a quarterly common-stock dividend of $0.67 per share, which signals confidence in capital strength and provides an immediate return to shareholders. Citigroup Declares Common Stock Dividend
• Positive Sentiment: Analysts are also highlighting Citigroup’s strong earnings momentum, rising earnings estimates, and relatively low valuation, which may be adding to bullish sentiment. Citigroup and J&J Snack have been highlighted as Zacks Bull and Bear of the Day
• Neutral Sentiment: Citigroup also remains active in capital markets, leading a lending group preparing a $1.5 billion leveraged loan for Veritas Capital’s BGIS acquisition, which points to steady deal-making but is not a major stock catalyst by itself. Citigroup-Led Bank Group Plans Debt Deal for Veritas’ BGIS Buy
• Neutral Sentiment: Separately, Citi strategists said the “Magnificent Seven” label is outdated and that U.S. stock positioning may still have room to unwind, a broader market call that does not directly change Citigroup’s fundamentals. No one talks about FAANG anymore. Now, it’s time to retire Magnificent Seven as well, Citigroup argues

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of Citigroup in a research note on Friday. Wall Street Zen upgraded shares of Citigroup from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. JPMorgan Chase & Co. increased their target price on Citigroup from $135.50 to $149.00 and gave the company an “overweight” rating in a research note on Monday, July 6th. Evercore set a $143.00 target price on Citigroup in a report on Monday, July 6th. Finally, Bank of America boosted their price target on Citigroup from $170.00 to $176.00 and gave the stock a “buy” rating in a research note on Tuesday, July 7th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, Citigroup currently has a consensus rating of “Moderate Buy” and an average target price of $145.67.

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.