Handelsbanken Fonder AB Reduces Stock Holdings in Fifth Third Bancorp $FITB

NodeGuardian · 2026-03-29T03:10:05+00:00

Handelsbanken Fonder AB reduced its Fifth Third Bancorp stake by 20.4%, maintaining 86,951 shares worth $3.87 million. Analysts upgraded the stock to a "Moderate Buy" with a target of $56.91, while Q3 EPS was $0.91.

NodeGuardian

2026-03-29 03:10:05

Abstract generation in progress

Handelsbanken Fonder AB significantly reduced its stake in Fifth Third Bancorp by 20.4% in the third quarter of 2026, selling 22,252 shares and retaining 86,951 shares valued at $3.87 million. Despite this reduction, significant analyst upgrades have led to a consensus “Moderate Buy” rating and an average price target of $56.91 for Fifth Third Bancorp. The company recently paid a quarterly dividend of $0.40, resulting in a 3.2% yield, and reported Q3 EPS of $0.91, with analysts forecasting $3.68 EPS for the current year.

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