OLD National Bancorp IN Has $26.70 Million Stock Position in Citigroup Inc. $C

OLD National Bancorp IN reduced its position in shares of Citigroup Inc. (NYSE:C) by 25.5% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 263,047 shares of the company’s stock after selling 90,132 shares during the quarter. OLD National Bancorp IN’s holdings in Citigroup were worth $26,699,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Trust Co. of Vermont lifted its stake in shares of Citigroup by 14.0% in the 3rd quarter. Trust Co. of Vermont now owns 1,192 shares of the company’s stock valued at $121,000 after purchasing an additional 146 shares during the period. Matrix Trust Co boosted its holdings in Citigroup by 992.4% during the third quarter. Matrix Trust Co now owns 21,313 shares of the company’s stock worth $2,163,000 after buying an additional 19,362 shares during the last quarter. Farther Finance Advisors LLC grew its position in shares of Citigroup by 20.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 38,385 shares of the company’s stock worth $3,896,000 after buying an additional 6,471 shares during the period. Baxter Bros Inc. acquired a new stake in Citigroup in the third quarter worth $212,000. Finally, Elevation Wealth Partners LLC increased its holdings in shares of Citigroup by 15.5% in the third quarter. Elevation Wealth Partners LLC now owns 1,155 shares of the company’s stock worth $117,000 after acquiring an additional 155 shares in the last quarter. 71.72% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. raised shares of Citigroup from a “neutral” rating to an “overweight” rating and increased their price objective for the stock from $107.00 to $124.00 in a research report on Friday, December 12th. Bank of America increased their target price on Citigroup from $115.00 to $120.00 and gave the stock a “buy” rating in a report on Wednesday, October 15th. Morgan Stanley increased their price objective on Citigroup from $129.00 to $134.00 and gave the stock an “overweight” rating in a report on Wednesday, October 15th. Keefe, Bruyette & Woods lifted their target price on Citigroup from $118.00 to $131.00 and gave the company an “outperform” rating in a research report on Wednesday, December 17th. Finally, Cowen reaffirmed a “hold” rating on shares of Citigroup in a research report on Wednesday, December 10th. Thirteen investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, Citigroup presently has an average rating of “Moderate Buy” and an average target price of $114.50.

Citigroup Price Performance

NYSE:C opened at $118.05 on Tuesday. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 1.62. Citigroup Inc. has a 12-month low of $55.51 and a 12-month high of $118.65. The stock’s 50 day moving average price is $103.27 and its two-hundred day moving average price is $96.11. The firm has a market capitalization of $211.23 billion, a price-to-earnings ratio of 16.58, a P/E/G ratio of 0.57 and a beta of 1.21.

Citigroup (NYSE:C) last released its quarterly earnings data on Tuesday, October 14th. The company reported $2.24 EPS for the quarter, beating the consensus estimate of $1.89 by $0.35. Citigroup had a net margin of 8.73% and a return on equity of 7.91%. The firm had revenue of $22.09 billion for the quarter, compared to the consensus estimate of $20.92 billion. During the same period in the previous year, the company earned $1.51 earnings per share. The company’s quarterly revenue was up 9.3% on a year-over-year basis. On average, analysts anticipate that Citigroup Inc. will post 7.53 earnings per share for the current year.

Citigroup Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 26th. Investors of record on Monday, November 3rd were paid a $0.60 dividend. The ex-dividend date was Monday, November 3rd. This represents a $2.40 annualized dividend and a dividend yield of 2.0%. Citigroup’s dividend payout ratio is 33.71%.

Trending Headlines about Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: OCC withdraws a 2024 amendment to Citi’s 2020 consent order, easing regulatory constraints tied to risk-management and data-governance deficiencies. That relief should free management to accelerate transformation, capital returns and strategic investments. OCC Lifts Oversight on Citigroup
• Positive Sentiment: MarketBeat highlights Citi as a buyback beneficiary — management has stepped up repurchases, which reduce share count and can be a direct driver of EPS and multiple expansion. Continued buybacks support the bullish thesis. 5 Stocks Using Buybacks to Drive Serious Upside Into 2026
• Positive Sentiment: Bloomberg reports Citi is beefing up its Japan investment-banking team to capture a deal boom — incremental hires in Asia position the bank to win fees and advisory revenue in a strong M&A/ECM environment. Citigroup to Boost Japan Investment Banking Team on Deal Boom
• Positive Sentiment: KBW (via CNBC coverage) has publicly said Citi could be the top big-bank performer in 2026 — a visible analyst endorsement that can attract flows and strengthen sentiment. Why KBW’s McGratty says Citi will be the top Big Bank performer of 2026
• Neutral Sentiment: Benzinga reports heavy options activity around Citi, signaling speculative interest that can amplify intraday moves and volatility but is not a fundamental change. Traders should expect larger short-term swings. Citigroup’s Options Frenzy: What You Need to Know
• Neutral Sentiment: Citi-related entities fell below a substantial-holding threshold in Inghams Group — a routine registry update with limited impact on Citi’s fundamentals. Citigroup Entities Fall Below Substantial Holding Threshold in Inghams Group
• Neutral Sentiment: RenaissanceRe extended a secured LOC facility involving Citibank Europe — evidence of ongoing client banking relationships but not a material company-level catalyst. RenaissanceRe Extends Secured Letter of Credit Facility
• Negative Sentiment: Some senior talent exits and external hires by rivals (e.g., HSBC recruiting ex-Citi executives) are minor reminders of talent churn in banking — a potential headwind for relationship continuity but not an immediate earnings driver. HSBC Hires Ex-Citi Executive Ida Liu

Citigroup 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.