Massachusetts Financial Services Co. MA Has $1.73 Billion Stock Holdings in The PNC Financial Services Group, Inc $PNC

Massachusetts Financial Services Co. MA reduced its position in The PNC Financial Services Group, Inc (NYSE:PNC) by 2.9% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 8,608,984 shares of the financial services provider’s stock after selling 255,031 shares during the period. Massachusetts Financial Services Co. MA’s holdings in The PNC Financial Services Group were worth $1,729,803,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in PNC. IMG Wealth Management Inc. bought a new stake in The PNC Financial Services Group during the 2nd quarter worth about $27,000. Concord Wealth Partners grew its position in shares of The PNC Financial Services Group by 144.9% during the 2nd quarter. Concord Wealth Partners now owns 169 shares of the financial services provider’s stock worth $32,000 after buying an additional 100 shares during the period. FNY Investment Advisers LLC bought a new stake in shares of The PNC Financial Services Group during the second quarter worth approximately $37,000. True Wealth Design LLC raised its stake in shares of The PNC Financial Services Group by 1,133.3% during the second quarter. True Wealth Design LLC now owns 222 shares of the financial services provider’s stock worth $41,000 after buying an additional 204 shares during the last quarter. Finally, Bayforest Capital Ltd lifted its holdings in The PNC Financial Services Group by 237.1% in the third quarter. Bayforest Capital Ltd now owns 209 shares of the financial services provider’s stock valued at $42,000 after buying an additional 147 shares during the period. Institutional investors and hedge funds own 83.53% of the company’s stock.

The PNC Financial Services Group Trading Up 3.7%

NYSE:PNC opened at $223.01 on Friday. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.81 and a quick ratio of 0.81. The business’s 50-day simple moving average is $202.68 and its 200-day simple moving average is $197.30. The PNC Financial Services Group, Inc has a fifty-two week low of $145.12 and a fifty-two week high of $227.00. The stock has a market capitalization of $87.46 billion, a PE ratio of 13.44, a price-to-earnings-growth ratio of 0.95 and a beta of 0.99.

The PNC Financial Services Group (NYSE:PNC) last announced its earnings results on Friday, January 16th. The financial services provider reported $4.88 EPS for the quarter, topping the consensus estimate of $4.23 by $0.65. The firm had revenue of $6.07 billion for the quarter, compared to the consensus estimate of $5.90 billion. The PNC Financial Services Group had a net margin of 19.30% and a return on equity of 11.47%. The business’s quarterly revenue was up 9.1% on a year-over-year basis. During the same period last year, the company posted $3.77 EPS. Sell-side analysts expect that The PNC Financial Services Group, Inc will post 15.37 earnings per share for the current fiscal year.

The PNC Financial Services Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, February 5th. Shareholders of record on Tuesday, January 20th will be paid a $1.70 dividend. The ex-dividend date of this dividend is Tuesday, January 20th. This represents a $6.80 annualized dividend and a dividend yield of 3.0%. The PNC Financial Services Group’s dividend payout ratio (DPR) is currently 40.99%.

More The PNC Financial Services Group News

Here are the key news stories impacting The PNC Financial Services Group this week:

• Positive Sentiment: Q4 beat and record revenue — PNC reported $4.88 EPS vs. ~$4.23 consensus and roughly $6.1B in revenue (record), driven by higher NII, fee income and lower credit costs; management highlighted share repurchases and improved tangible book value. Read More.
• Positive Sentiment: Upbeat 2026 outlook — PNC is forecasting mid-to-high single digit loan growth and double-digit revenue/NII expansion in 2026 (management cited ~8% loan growth and ~11% revenue growth in article coverage), underpinning higher forward EPS expectations. Read More.
• Positive Sentiment: Deal and deposit/loan momentum — PNC closed the FirstBank acquisition on Jan. 5, which management says supports Sun Belt expansion, loan growth and fee opportunities. Read More.
• Positive Sentiment: Investor interest and positioning — unusual options activity with a large increase in call buying suggests traders are positioning for further upside after the print. Read More.
• Neutral Sentiment: Profit drivers and one-offs — results benefitted from higher interest income and a dealmaking windfall, as reported by Reuters and WSJ; some items (e.g., Visa derivative adjustment) partially offset noninterest income. Read More.
• Neutral Sentiment: Debt management action — PNC announced redemption of $1.25B of 4.758% senior notes maturing in 2027, a liability management move that is neither clearly dilutive nor immediately value-accretive. Read More.
• Negative Sentiment: Rising expenses and efficiency — noninterest expense rose ~4% and efficiency ratio stayed near 59%; while still manageable, higher expenses partially offset revenue gains and could cap margin improvement if costs persist. Read More.

Analyst Ratings Changes

A number of analysts have commented on the stock. Wells Fargo & Company lifted their target price on shares of The PNC Financial Services Group from $230.00 to $240.00 and gave the stock an “overweight” rating in a report on Friday, October 3rd. Piper Sandler upgraded The PNC Financial Services Group from a “neutral” rating to an “overweight” rating and upped their price objective for the company from $211.00 to $220.00 in a report on Thursday, October 9th. Truist Financial increased their target price on The PNC Financial Services Group from $210.00 to $229.00 and gave the company a “hold” rating in a research note on Thursday, December 18th. UBS Group boosted their target price on The PNC Financial Services Group from $224.00 to $229.00 and gave the stock a “buy” rating in a research report on Tuesday, October 7th. Finally, Barclays increased their price target on shares of The PNC Financial Services Group from $235.00 to $271.00 and gave the company an “overweight” rating in a research report on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, The PNC Financial Services Group has a consensus rating of “Moderate Buy” and an average price target of $222.06.

Insider Activity

In other news, EVP Guild Deborah sold 1,080 shares of the firm’s stock in a transaction that occurred on Friday, October 24th. The shares were sold at an average price of $186.97, for a total transaction of $201,927.60. Following the completion of the transaction, the executive vice president directly owned 27,335 shares of the company’s stock, valued at $5,110,824.95. This trade represents a 3.80% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Michael Duane Thomas sold 1,000 shares of the business’s stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $183.57, for a total transaction of $183,570.00. Following the completion of the sale, the executive vice president directly owned 5,802 shares in the company, valued at approximately $1,065,073.14. This represents a 14.70% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.41% of the stock is owned by corporate insiders.

The PNC Financial Services Group Company Profile

The PNC Financial Services Group, Inc is a diversified financial services company headquartered in Pittsburgh, Pennsylvania, offering a broad range of banking, lending, investment and wealth management services. PNC operates a national banking franchise with a significant retail branch network and dedicated capabilities for commercial, institutional and government clients. Its services are designed to serve individuals, small businesses, corporations and public sector entities across the United States.

PNC’s core business activities include consumer and business banking, residential mortgage lending, corporate and institutional banking, asset management and wealth advisory services.