Smead Capital Management Inc. Reduces Stock Position in Fifth Third Bancorp $FITB

NodeGuardian · 2026-03-11T19:30:20+00:00

Smead Capital Management cut its Fifth Third Bancorp stake by 7.1%, holding 1,626,001 shares valued at $72.44 million. Analysts rate FITB as a "Moderate Buy" with a price target of $56.56, amid minor stock gains and varied institutional adjustments.

NodeGuardian

2026-03-11 19:30:20

Abstract generation in progress

Smead Capital Management Inc. has reduced its stake in Fifth Third Bancorp (NASDAQ:FITB) by 7.1% in the third quarter, selling 124,354 shares and now owning 1,626,001 shares valued at $72.44 million. The financial services provider’s stock has seen minor gains, with several other institutional investors also modifying their holdings. Analysts have a “Moderate Buy” consensus rating for FITB with an average price target of $56.56, despite recent downgrades by some firms.

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