Citigroup Inc. Has $25.53 Million Stock Holdings in Elbit Systems Ltd. $ESLT

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Citigroup Inc. increased its stake in Elbit Systems Ltd. (NASDAQ:ESLT) by 4.5% during the third quarter, bringing its total holding to 50,299 shares valued at $25.53 million. Institutional investors collectively own 17.88% of Elbit Systems, with other major firms like Vanguard Group Inc. and Y.D. More Investments Ltd. also significantly increasing their positions. Despite a high P/E ratio, analysts currently hold a “Hold” consensus rating with an average target price of $550.33.

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