B. Riley Wealth Advisors 13F: Adds $4.8M to Citigroup (C) Stake
The firm increased its Citigroup position by 118.9%, adding 37,363 shares.
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B. Riley Wealth Advisors added 37,363 shares to its stake in Citigroup Inc. ($C), an 118.85% increase, according to a 13F filing with the SEC dated October 13, 2026. It reported 68,799 shares worth $8.91 million at the end of the quarter.
Since the filing, $C is down 0.2% to date (from the $124.53 close on Oct 13, 2026).
Find the original: B. Riley Wealth Advisors 13F filings on SEC EDGAR
C
Citigroup Inc.
Key Points
- B. Riley Wealth Advisors boosted its stake in Citigroup by 118.9%, adding 37,363 shares to hold 68,799 shares valued at $8.9 million.
- Citigroup has a market cap of $226.5 billion and a P/E ratio of 14.6, with a 52-week range from $93.66 to $147.96.
- Citigroup offers a dividend yield of 2.03% with a dividend rate of $2.68, and analysts have a consensus 'buy' recommendation.
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B. Riley Wealth Advisors has significantly increased its investment in Citigroup Inc. (NYSE:C). The firm added 37,363 shares during the reporting period, boosting its total holdings to 68,799 shares. This represents a 118.9% increase from its previous position, with the current stake valued at approximately $8.9 million as per the latest Form 13F filing with the SEC.
B. Riley Wealth Advisors vs. the S&P 500
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What Changed in B. Riley Wealth Advisors' Citigroup Position
B. Riley Wealth Advisors' decision to raise its stake in Citigroup reflects a strong vote of confidence in the financial services giant. The firm previously held 31,436 shares and has now increased its holdings by 37,363 shares, reaching a total of 68,799 shares. The value of this position stands at $8.9 million, showing a substantial increase in their investment.
Citigroup Inc. Stock Up 1.1%
Shares of Citigroup Inc. traded near their previous close of $131.77 on Friday. The company boasts a market capitalization of $226.5 billion and has a P/E ratio of 14.6, with a forward P/E of 10.5. Citigroup's stock has experienced a 52-week low of $93.66 and a high of $147.96. The stock's 50-day moving average is $134.29, while the 200-day moving average is $124.93. With a beta of 1.097, Citigroup's stock has some volatility compared to the broader market.
Recent Earnings
Citigroup reported a revenue of $81.7 billion, reflecting a growth rate of 15.5%. The company's net margin stands at 21.8%, with a return on equity of 8.5%. Citigroup's earnings per share (EPS) is $9.28. The next earnings report is expected on October 13, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
10 analysts raised price targets.
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EPS & revenue
EPS beat estimates by 13.3%. Revenue beat estimates by 83.8%.
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Profit surprise
Operating income missed by 20 percent.
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Pre-earnings setup
Bar was high, analysts already very bullish.
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Analyst signal
10 target raises.
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Earnings quality
Gross margin up 3.5 points. Operating margin up 3.8 points. Positive free cash flow.
Earnings Call Summary
Citigroup reported strong first quarter results with 14 percent revenue growth, reaching $44.1 billion, and earnings per share of $3.06 well above the $2.64 consensus. Services business revenues jumped 17 percent and Markets surpassed $7 billion in quarterly revenues for the first time in ten years, with equities up nearly 40 percent. Management stressed the bank is only pursuing organic growth and has no interest in acquisitions, and said 90 percent of their regulatory transformation work is now complete or near completion.
Guidance Management reaffirmed their target of 10 to 11 percent return on equity for the full year 2026. They expect net interest income to grow 5 to 6 percent, and said they will share more detail on capital plans and buybacks at an investor meeting in May.
Solid report. Results were generally better than expected, but the forward outlook did not materially change.
Dividend
Citigroup offers an annual dividend rate of $2.68, yielding 2.03% for shareholders. The company's dividend payout ratio is 25.86%, indicating a balanced approach to returning profits to shareholders while retaining earnings for growth.
About Citigroup
Citigroup Inc., headquartered in New York, NY, is a leading global financial services company with approximately 219,000 employees. It provides a wide range of financial products and services to consumers, corporations, governments, and institutions. The company operates through several segments, including Services, Markets, Banking, U.S. Personal Banking, and Wealth Management. Under the leadership of CEO Ms. Jane Nind Fraser, Citigroup serves clients worldwide, including North America, Europe, Asia, and beyond.
Bottom Line
B. Riley Wealth Advisors' substantial increase in its Citigroup holdings suggests a strong belief in the company's future prospects. Investors often track 13F filings to gauge institutional sentiment, though it's important to remember these filings are backward-looking and may not reflect current positions. Citigroup remains a significant player in the financial sector, offering attractive dividends and growth potential.
Related Filing Alerts
Source: B. Riley Wealth Advisors's 13F filing on $C (Oct 13, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Find the original filing: B. Riley Wealth Advisors 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts