Cullen/Frost Bankers (NYSE:CFR) Stock Price Expected to Rise, Royal Bank Of Canada Analyst Says

Cullen/Frost Bankers (NYSE:CFR) had its target price raised by equities researchers at Royal Bank Of Canada from $144.00 to $150.00 in a research report issued on Friday,Benzinga reports. The brokerage currently has a “sector perform” rating on the bank’s stock. Royal Bank Of Canada’s target price points to a potential upside of 9.62% from the company’s previous close.

Other equities analysts have also recently issued research reports about the company. Citigroup lifted their price target on Cullen/Frost Bankers from $112.00 to $114.00 and gave the stock a “sell” rating in a report on Friday, October 31st. Barclays reduced their price objective on Cullen/Frost Bankers from $145.00 to $140.00 and set an “equal weight” rating for the company in a report on Friday, December 19th. Weiss Ratings reiterated a “hold (c)” rating on shares of Cullen/Frost Bankers in a research note on Monday, December 29th. Finally, Keefe, Bruyette & Woods upped their price objective on Cullen/Frost Bankers from $150.00 to $160.00 and gave the company an “outperform” rating in a report on Friday. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, seven have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $138.09.

Cullen/Frost Bankers Stock Down 1.4%

Shares of NYSE CFR traded down $1.93 during mid-day trading on Friday, reaching $136.84. 70,197 shares of the company’s stock were exchanged, compared to its average volume of 527,329. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of $8.75 billion, a price-to-earnings ratio of 14.08, a PEG ratio of 2.67 and a beta of 0.63. The business has a fifty day simple moving average of $130.97 and a 200 day simple moving average of $128.49. Cullen/Frost Bankers has a twelve month low of $100.31 and a twelve month high of $145.53.

Cullen/Frost Bankers (NYSE:CFR) last posted its quarterly earnings data on Thursday, January 29th. The bank reported $2.56 EPS for the quarter, beating the consensus estimate of $2.47 by $0.09. The business had revenue of $1.05 billion for the quarter, compared to analysts’ expectations of $578.05 million. Cullen/Frost Bankers had a net margin of 21.99% and a return on equity of 15.84%. During the same period in the previous year, the firm posted $2.36 EPS. As a group, equities analysts expect that Cullen/Frost Bankers will post 8.85 EPS for the current fiscal year.

Insider Buying and Selling

In related news, EVP Coolidge E. Rhodes, Jr. sold 700 shares of the business’s stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $127.00, for a total value of $88,900.00. Following the completion of the transaction, the executive vice president owned 3,795 shares of the company’s stock, valued at $481,965. The trade was a 15.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 2.89% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Cullen/Frost Bankers

Several hedge funds have recently bought and sold shares of the company. Mitsubishi UFJ Trust & Banking Corp lifted its holdings in shares of Cullen/Frost Bankers by 109.7% during the 4th quarter. Mitsubishi UFJ Trust & Banking Corp now owns 6,123 shares of the bank’s stock worth $775,000 after acquiring an additional 3,203 shares during the period. Pictet Asset Management Holding SA lifted its stake 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 purchasing an additional 405 shares during the last quarter. Concurrent Investment Advisors LLC boosted its holdings in shares of Cullen/Frost Bankers by 863.1% in the 4th quarter. Concurrent Investment Advisors LLC now owns 21,448 shares of the bank’s stock valued at $2,716,000 after purchasing an additional 19,221 shares in the last quarter. HB Wealth Management LLC increased its stake in shares of Cullen/Frost Bankers by 10.8% in the 4th quarter. HB Wealth Management LLC now owns 2,393 shares of the bank’s stock valued at $303,000 after purchasing an additional 233 shares during the last quarter. Finally, M&T Bank Corp raised its holdings in shares of Cullen/Frost Bankers by 13.5% during the 4th quarter. M&T Bank Corp now owns 109,154 shares of the bank’s stock worth $13,822,000 after buying an additional 12,990 shares in the last quarter. 86.90% of the stock is owned by institutional investors.

Cullen/Frost Bankers News Roundup

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

• Positive Sentiment: Keefe, Bruyette & Woods raised its price target to $160 from $150 and maintained an “outperform” rating — implying roughly 15.3% upside from the current price. Benzinga
• Positive Sentiment: CFR beat Q4 expectations with EPS of $2.56 (vs. $2.47 est.) and reported revenue of ~$1.05B versus analyst estimates near $578M — a sizable top-line beat that supports earnings quality and loan/fee trends. Press Release (PR Newswire)
• Positive Sentiment: The board declared a $1.00 per-share quarterly dividend (ex-div Feb 27, pay Mar 13) and authorized a $300M share-repurchase program — both shareholder-friendly actions that typically support the stock’s valuation and yield appeal. PR Newswire
• Neutral Sentiment: Full Q4 earnings call transcripts and write-ups are available for investors who want details on guidance, margin drivers and loan trends — useful for assessing sustainability of results. Earnings Call Transcript (InsiderMonkey)
• Neutral Sentiment: Analyst and media note coverage: snapshots and earnings outlook pieces from Benzinga, Yahoo Finance and Zacks provide additional context and metric-by-metric analysis for investors modeling future EPS. Earnings Outlook (Benzinga)

Cullen/Frost Bankers Company Profile

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.