Truist Financial (NYSE:TFC) Stock Unloaded Rep. Dan Newhouse

Representative Dan Newhouse (R-Washington) recently sold shares of Truist Financial Corporation (NYSE:TFC). In a filing disclosed on January 15th, the Representative disclosed that they had sold between $1,001 and $15,000 in Truist Financial stock on December 11th. The trade occurred in the Representative’s “EDWARD JONES IRA” account.

Representative Dan Newhouse also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Royal Caribbean Cruises (NYSE:RCL) on 12/31/2025.
• Purchased $1,001 – $15,000 in shares of Broadridge Financial Solutions (NYSE:BR) on 12/31/2025.
• Purchased $1,001 – $15,000 in shares of Synopsys (NASDAQ:SNPS) on 12/31/2025.
• Sold $1,001 – $15,000 in shares of Brown & Brown (NYSE:BRO) on 12/11/2025.
• Purchased $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 12/11/2025.
• Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 12/11/2025.
• Purchased $1,001 – $15,000 in shares of T-Mobile US (NASDAQ:TMUS) on 12/11/2025.
• Purchased $1,001 – $15,000 in shares of Blackstone (NYSE:BX) on 12/11/2025.
• Purchased $1,001 – $15,000 in shares of Textron (NYSE:TXT) on 12/11/2025.
• Sold $1,001 – $15,000 in shares of Magna International (NYSE:MGA) on 12/11/2025.

Truist Financial Stock Performance

Shares of TFC stock traded down $0.27 during trading hours on Friday, reaching $50.01. 8,261,450 shares of the company’s stock were exchanged, compared to its average volume of 6,752,032. Truist Financial Corporation has a fifty-two week low of $33.56 and a fifty-two week high of $51.51. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.70. The stock has a market capitalization of $63.98 billion, a P/E ratio of 13.44, a P/E/G ratio of 0.95 and a beta of 0.89. The business has a fifty day moving average price of $48.29 and a 200-day moving average price of $46.02.

Truist Financial (NYSE:TFC) last announced its earnings results on Friday, October 17th. The insurance provider reported $1.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.99 by $0.05. Truist Financial had a net margin of 16.84% and a return on equity of 8.73%. The business had revenue of $5.24 billion for the quarter, compared to analyst estimates of $5.20 billion. During the same quarter in the previous year, the firm posted $0.97 earnings per share. Truist Financial’s revenue was up 1.9% compared to the same quarter last year. Analysts predict that Truist Financial Corporation will post 4 EPS for the current fiscal year.

Truist Financial announced that its board has initiated a share buyback plan on Tuesday, December 16th that allows the company to repurchase $10.00 billion in outstanding shares. This repurchase authorization allows the insurance provider to reacquire up to 15.7% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s leadership believes its stock is undervalued.

Truist Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Friday, November 14th were given a $0.52 dividend. This represents a $2.08 annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend was Friday, November 14th. Truist Financial’s dividend payout ratio (DPR) is currently 55.91%.

Insider Buying and Selling

In other Truist Financial news, Director K. David Jr. Boyer sold 5,160 shares of the business’s stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $46.45, for a total transaction of $239,682.00. Following the completion of the sale, the director directly owned 10,153 shares of the company’s stock, valued at approximately $471,606.85. The trade was a 33.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.17% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on TFC. Weiss Ratings restated a “hold (c+)” rating on shares of Truist Financial in a report on Monday, December 29th. Evercore ISI upgraded Truist Financial from a “hold” rating to an “outperform” rating and boosted their price target for the company from $49.00 to $58.00 in a research note on Tuesday, January 6th. Raymond James Financial upped their price target on Truist Financial from $50.00 to $56.00 and gave the company an “outperform” rating in a report on Wednesday, January 7th. Citigroup lifted their price objective on Truist Financial from $60.00 to $63.00 and gave the stock a “buy” rating in a report on Wednesday, December 31st. Finally, Cowen reaffirmed a “buy” rating on shares of Truist Financial in a research report on Wednesday, January 7th. Seven investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $52.80.

Institutional Trading of Truist Financial

Large investors have recently added to or reduced their stakes in the company. Perigon Wealth Management LLC lifted its position in shares of Truist Financial by 43.9% during the fourth quarter. Perigon Wealth Management LLC now owns 16,397 shares of the insurance provider’s stock worth $807,000 after purchasing an additional 5,003 shares in the last quarter. Marino Stram & Associates LLC increased its stake in shares of Truist Financial by 62.9% in the 4th quarter. Marino Stram & Associates LLC now owns 24,101 shares of the insurance provider’s stock valued at $1,186,000 after buying an additional 9,303 shares during the period. Balboa Wealth Partners bought a new stake in shares of Truist Financial during the fourth quarter worth $249,000. FNY Investment Advisers LLC lifted its stake in shares of Truist Financial by 44,900.0% during the fourth quarter. FNY Investment Advisers LLC now owns 6,300 shares of the insurance provider’s stock valued at $310,000 after acquiring an additional 6,286 shares during the period. Finally, Dorato Capital Management acquired a new position in shares of Truist Financial during the fourth quarter valued at $50,000. 71.28% of the stock is owned by institutional investors.

About Representative Newhouse

Dan Newhouse (Republican Party) is a member of the U.S. House, representing Washington’s 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Newhouse (Republican Party) ran for re-election to the U.S. House to represent Washington’s 4th Congressional District. He won in the general election on November 5, 2024.

Click here to see Newhouse’s key votes in Congress.

Newhouse served as a member of the Washington House of Representatives representing District 15-Position 2 from 2003 through 2009 and as Washington Director of Agriculture from 2009 to 2013.

Newhouse was first elected to the state House in 2002 and served until he was named state Director of Agriculture in 2009. He was first appointed by Governor Christine Gregoire on February 18, 2009.

About Truist Financial

Truist Financial Corporation is an American bank holding company that provides a broad range of financial services through its primary subsidiary, Truist Bank, and other operating units. The company offers traditional retail banking products and services such as deposit accounts, consumer and residential mortgage lending, and credit and debit card services. Truist also serves commercial clients with middle-market and corporate lending, treasury and payment solutions, and specialty finance products.

Beyond core banking, Truist operates wealth management, asset management, insurance and capital markets businesses.