Citigroup Inc. $C Holdings Boosted by New York State Teachers Retirement System

03 Jul 2026, 07:46 by Doug Wharley · The Cerbat Gem

New York State Teachers Retirement System grew its stake in shares of Citigroup Inc. (NYSE:C – Free Report) by 0.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,449,891 shares of the company’s stock after purchasing an additional 5,863 shares during the quarter. New York State Teachers Retirement System owned approximately 0.08% of Citigroup worth $164,432,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Mcguire Capital Advisors Inc. acquired a new position in Citigroup during the 4th quarter valued at approximately $25,000. Richards Merrill & Peterson Inc. acquired a new stake in Citigroup in the fourth quarter worth $28,000. TD Capital Management LLC acquired a new stake in Citigroup in the fourth quarter worth $28,000. Luken Investment Analytics LLC bought a new stake in Citigroup in the fourth quarter valued at $32,000. Finally, High Note Wealth LLC lifted its stake in Citigroup by 107.7% in the fourth quarter. High Note Wealth LLC now owns 270 shares of the company’s stock valued at $32,000 after buying an additional 140 shares during the last quarter. 71.72% of the stock is currently owned by institutional investors and hedge funds.

Citigroup News Summary

Here are the key news stories impacting Citigroup this week:

Positive Sentiment: Citigroup and other major banks passed the Fed’s 2026 stress tests, clearing the way for dividend increases and reinforcing confidence in the bank’s capital strength.
Positive Sentiment: Analysts continue to expect Citi to post solid results, with recent reports highlighting its strong earnings-surprise history ahead of the next quarterly release.
Positive Sentiment: Erste Group raised its FY2027 earnings estimate for Citigroup, suggesting improving profit expectations over the medium term.
Neutral Sentiment: Citibank announced the redemption of $2.5 billion in notes due in 2026, a routine capital-management move that should be viewed as neutral for the shares.
Negative Sentiment: Citi’s reduced bitcoin and ether targets may dampen sentiment toward its research calls in the digital-assets space, potentially creating a modest headwind for investor perception.

Citigroup Trading Down 0.1%

NYSE:C opened at $139.93 on Friday. The stock has a market cap of $238.67 billion, a price-to-earnings ratio of 17.34, a PEG ratio of 0.60 and a beta of 1.11. The company has a debt-to-equity ratio of 1.59, a quick ratio of 0.99 and a current ratio of 0.99. Citigroup Inc. has a 1 year low of $85.48 and a 1 year high of $147.96. The business has a fifty day moving average of $132.28 and a 200-day moving average of $121.75.

Citigroup (NYSE:C – Get Free Report) last issued its quarterly earnings data on Tuesday, April 14th. The company reported $3.06 earnings per share for the quarter, beating analysts’ consensus estimates of $2.63 by $0.43. The business had revenue of $24.63 billion for the quarter, compared to analysts’ expectations of $22.96 billion. Citigroup had a net margin of 9.35% and a return on equity of 9.19%. The company’s revenue was up 14.1% on a year-over-year basis. During the same period in the previous year, the business earned $1.96 earnings per share. Equities analysts predict that Citigroup Inc. will post 10.83 earnings per share for the current year.

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

Wall Street Analysts Forecast Growth

Several research firms have recently commented on C. Piper Sandler restated an “overweight” rating and set a $145.00 price target (up from $125.00) on shares of Citigroup in a research report on Wednesday, April 15th. The Goldman Sachs Group lifted their price objective on shares of Citigroup from $137.00 to $151.00 and gave the company a “buy” rating in a research report on Wednesday, April 15th. Barclays boosted their target price on shares of Citigroup from $146.00 to $154.00 and gave the company an “overweight” rating in a research note on Wednesday, April 15th. Weiss Ratings restated a “buy (b)” rating on shares of Citigroup in a research note on Monday, April 20th. Finally, Oppenheimer cut Citigroup from an “outperform” rating to a “market perform” rating in a report on Tuesday. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $139.62.

Get Our Latest Report on C

Insider Activity

In other news, insider Edward Skyler sold 25,000 shares of the company’s stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $131.41, for a total value of $3,285,250.00. Following the completion of the sale, the insider directly owned 182,022 shares of the company’s stock, valued at approximately $23,919,511.02. This represents a 12.08% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director John Cunningham Dugan sold 2,117 shares of the stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $125.30, for a total transaction of $265,260.10. Following the completion of the transaction, the director owned 12,194 shares of the company’s stock, valued at $1,527,908.20. This trade represents a 14.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.11% of the stock is currently owned by company insiders.

Citigroup Profile

(Free Report)

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.