Bleakley Financial Group LLC Has $5.17 Million Stock Position in Citigroup Inc. $C

Bleakley Financial Group LLC boosted its holdings in Citigroup Inc. (NYSE:C) by 12.8% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 45,607 shares of the company’s stock after purchasing an additional 5,186 shares during the period. Bleakley Financial Group LLC’s holdings in Citigroup were worth $5,172,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Mcguire Capital Advisors Inc. bought a new position in Citigroup during the fourth quarter worth $25,000. Whipplewood Advisors LLC acquired a new stake in Citigroup in the 1st quarter worth $25,000. Richards Merrill & Peterson Inc. bought a new position in shares of Citigroup during the 4th quarter worth about $28,000. TD Capital Management LLC acquired a new position in shares of Citigroup during the fourth quarter valued at about $28,000. Finally, Luken Investment Analytics LLC acquired a new position in shares of Citigroup during the fourth quarter valued at about $32,000. 71.72% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on C shares. Weiss Ratings reissued a “buy (b)” rating on shares of Citigroup in a research report on Monday, April 20th. Oppenheimer cut Citigroup from an “outperform” rating to a “market perform” rating in a report on Tuesday, June 30th. Piper Sandler reiterated an “overweight” rating and issued a $145.00 price objective (up from $125.00) on shares of Citigroup in a research report on Wednesday, April 15th. UBS Group lifted their price objective on Citigroup from $134.00 to $150.00 and gave the stock a “neutral” rating in a report on Tuesday, July 7th. Finally, Bank of America boosted their price objective on Citigroup from $170.00 to $176.00 and gave the company a “buy” rating in a research report on Tuesday, July 7th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Citigroup currently has an average rating of “Moderate Buy” and a consensus price target of $145.00.

Citigroup News Roundup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citigroup posted Q2 EPS of $3.15 and revenue of $24.77 billion, both above Wall Street estimates, driven by stronger fixed income trading and investment banking fees. Reuters: Citi results beat Wall St estimates on investment banking, trading strength
• Positive Sentiment: The company said quarterly profit rose 45% year over year, highlighting improving operating momentum across its core businesses. Yahoo Finance: Citigroup Q2 2026 earnings beat every analyst estimate
• Positive Sentiment: Management said Citi is moving closer to completing its transformation work, which supports the long-term turnaround thesis. Barrons: Citi Moves Toward Completing ‘Transformation’ Work, CFO Says
• Neutral Sentiment: Citi also emphasized continued investments in technology and other strategic initiatives as part of its broader remake, keeping the focus on execution rather than near-term margin expansion. Seeking Alpha: Citigroup stock slides after comments on investments, staff cuts
• Negative Sentiment: Shares fell after CEO Jane Fraser signaled the bank may speed up job cuts, with reports also pointing to about $800 million spent on the restructuring effort, raising concerns about costs and disruption. Newsbytes: Citigroup stock falls as Jane Fraser plans layoffs, $800 million spent

Insider Activity at Citigroup

In related news, Director John Cunningham Dugan sold 2,117 shares of the business’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of $125.30, for a total value of $265,260.10. Following the sale, the director owned 12,194 shares of the company’s stock, valued at $1,527,908.20. The trade was a 14.79% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.11% of the stock is owned by company insiders.

Citigroup Stock Down 5.3%

Shares of C opened at $133.30 on Wednesday. The stock has a market cap of $227.35 billion, a price-to-earnings ratio of 16.52, a P/E/G ratio of 0.66 and a beta of 1.11. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 1.59. Citigroup Inc. has a 12 month low of $87.94 and a 12 month high of $147.96. The company has a 50-day moving average price of $134.06 and a two-hundred day moving average price of $123.11.

Citigroup (NYSE:C) last released its quarterly earnings data on Tuesday, July 14th. The company reported $3.15 earnings per share for the quarter, beating the consensus estimate of $2.74 by $0.41. Citigroup had a return on equity of 9.19% and a net margin of 9.35%.The company had revenue of $24.75 billion for the quarter, compared to analyst estimates of $23.74 billion. During the same period in the prior year, the company posted $1.96 EPS. The company’s revenue was up 14.5% compared to the same quarter last year. Equities analysts predict that Citigroup Inc. will post 10.89 EPS for the current fiscal year.

Citigroup declared that its Board of Directors has initiated a share buyback plan on Thursday, May 7th that authorizes the company to buyback $30.00 billion in shares. This buyback authorization authorizes the company to repurchase up to 13.7% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s board believes its shares are undervalued.

About Citigroup

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.