Look For Institutional Buying In Fifth Third Bancorp (NASDAQ: FITB)

Fifth Third Bancorp (FITB) concluded trading on Thursday at a closing price of $39.49, with 3.68 million shares of worth about $145.45 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -16.33% during that period and on May 15, 2025 the price saw a gain of about 0.30%. Currently the company’s common shares owned by public are about 667.27M shares, out of which, 663.75M shares are available for trading.

Stock saw a price change of 5.98% in past 5 days and over the past one month there was a price change of 12.60%. Year-to-date (YTD), FITB shares are showing a performance of -6.60% which increased to 3.38% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $32.25 but also hit the highest price of $49.07 during that period. The average intraday trading volume for Fifth Third Bancorp shares is 5.14 million. The stock is currently trading 7.89% above its 20-day simple moving average (SMA20), while that difference is up 6.07% for SMA50 and it goes to -5.73% lower than SMA200.

Fifth Third Bancorp (NASDAQ: FITB) currently have 667.27M outstanding shares and institutions hold larger chunk of about 84.53% of that.

The stock has a current market capitalization of $26.36B and its 3Y-monthly beta is at 0.93. PE ratio of stock for trailing 12 months is 12.54, while it has posted earnings per share of $3.15 in the same period. Its PEG reads 1.00 while making debt-to-equity ratio of 0.99. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for FITB, volatility over the week remained 1.12% while standing at 2.26% over the month.

Stock’s fiscal year EPS is expected to rise by 12.19% while it is estimated to increase by 13.36% in next year. EPS is likely to grow at an annualized rate of 12.51% for next 5-years, compared to annual growth of -1.20% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by TD Cowen on May 15, 2025 offering a Buy rating for the stock and assigned a target price of $52 to it. Coverage by Robert W. Baird stated Fifth Third Bancorp (FITB) stock as an Outperform in their note to investors on April 07, 2025, suggesting a price target of $47 for the stock. On May 31, 2024, Wolfe Research Upgrade their recommendations, while on May 01, 2024, JP Morgan Upgrade their ratings for the stock with a price target of $39.50. Stock get a Neutral rating from Robert W. Baird on April 01, 2024.

Related Posts

Life Telegraph
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.