Zacks Investment Management Adds $1M in Fifth Third Bancorp ($FITB)

Zacks Investment Management recently increased its stake in Fifth Third Bancorp (NYSE: FITB), adding 20,669 shares. This brings its total holdings to 1,630,321 shares, valued at approximately $89.2 million as of the latest Form 13F filing with the SEC. The filing reflects holdings as of the reporting period and may not represent the firm's current position.

What Changed in Zacks Investment Management's Fifth Third Bancorp Position

Zacks Investment Management boosted its position in Fifth Third Bancorp by 20,669 shares, bringing its total to 1,630,321 shares. This change represents a modest increase of about 1.28%. The total value of this position is now around $89.2 million.

Other Institutional Activity in Fifth Third Bancorp

Several other large investors have also been active in Fifth Third Bancorp. BlackRock, Inc. increased its holdings by 19,288,556 shares, bringing its total to 80,753,449 shares valued at approximately $3.75 billion. Vanguard Capital Management LLC added 58,430,540 shares, now holding the same number of shares worth about $2.71 billion. Similarly, Vanguard Portfolio Management LLC acquired 47,033,560 shares, valued at approximately $2.19 billion. T. Rowe Price Associates, Inc. added 10,602,083 shares, ending with 46,150,287 shares worth around $2.14 billion. State Street Corp also grew its stake by 9,145,708 shares, holding a total of 40,583,308 shares valued at roughly $1.90 billion.

Fifth Third Bancorp Stock Snapshot

Shares of Fifth Third Bancorp (NYSE: FITB) traded near $54.73. The company has a market cap of $49.6 billion and a P/E ratio of 18.0. Its beta is 0.947, indicating slightly less volatility than the market. The stock's 52-week range is between $37.88 and $55.44. Currently, its 50-day moving average is $49.89, and the 200-day moving average is $47.28.

Recent Earnings

Fifth Third Bancorp reported revenue of approximately $9 billion with a growth rate of 0.33%. The net margin stands at 24.13%, and the return on equity is 7.97%. The company's earnings per share (EPS) is 2.97. The next earnings report is expected on July 17, 2026.

Dividend

Fifth Third Bancorp pays an annual dividend rate of $1.60, yielding 2.92% with a payout ratio of 52.86%.

Insider Buying and Selling at Fifth Third Bancorp

Several insiders have been active in trading Fifth Third Bancorp shares. On February 12, 2026, Mitchell Stuart Feiger sold 82,045 shares at an average price of $54.68. EVP Peter Sefzik sold 20,000 shares on April 28, 2026, at an average price of $50.46. EVP Kala Gibson sold 4,300 shares on April 29, 2026. Meanwhile, on April 21, 2026, insiders Kathleen Rogers, Evan Bayh, and Laurent Desmangles each purchased 2,838 shares.

Analysts Set New Price Targets

On June 8, 2026, Baird maintained a 'buy' rating on Fifth Third Bancorp with a price target of $58. JP Morgan also maintained its 'buy' rating with a $54.5 target on April 30, 2026. Evercore ISI Group maintained a 'hold' rating with a $53 target on April 21, 2026. The consensus among 19 analysts is a 'buy' rating, with a mean price target of $57.52.

About Fifth Third Bancorp

Fifth Third Bancorp is a regional bank holding company headquartered in Cincinnati, Ohio. It provides a variety of financial services through its segments: Commercial Banking, Consumer and Small Business Banking, and Wealth and Asset Management. The bank offers products like loans, mortgages, and wealth management services. It is led by CEO Timothy N. Spence and employs around 25,980 people.

Bottom Line

Zacks Investment Management's recent addition to its Fifth Third Bancorp holdings shows continued interest in the bank's financial performance. Investors often track these filings to gauge institutional sentiment, though it's important to remember that 13F filings are backward-looking and may not reflect current positions. Fifth Third Bancorp's steady performance and analyst ratings suggest a stable outlook in the financial services sector.