The PNC Financial Services Group, Inc $PNC Shares Sold by Stock Yards Bank & Trust Co.

Stock Yards Bank & Trust Co. reduced its stake in The PNC Financial Services Group, Inc (NYSE:PNCFree Report) by 10.0% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 39,200 shares of the financial services provider’s stock after selling 4,350 shares during the period. Stock Yards Bank & Trust Co.’s holdings in The PNC Financial Services Group were worth $7,876,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of PNC. Norges Bank purchased a new position in shares of The PNC Financial Services Group in the 2nd quarter valued at $1,477,836,000. Viking Global Investors LP acquired a new position in The PNC Financial Services Group in the second quarter valued at $442,871,000. AQR Capital Management LLC grew its holdings in shares of The PNC Financial Services Group by 134.9% during the second quarter. AQR Capital Management LLC now owns 3,338,964 shares of the financial services provider’s stock worth $622,450,000 after purchasing an additional 1,917,530 shares during the last quarter. Federated Hermes Inc. increased its position in shares of The PNC Financial Services Group by 43.8% during the second quarter. Federated Hermes Inc. now owns 2,776,517 shares of the financial services provider’s stock worth $517,598,000 after purchasing an additional 845,148 shares in the last quarter. Finally, Marshall Wace LLP lifted its holdings in shares of The PNC Financial Services Group by 491.7% in the 2nd quarter. Marshall Wace LLP now owns 1,005,926 shares of the financial services provider’s stock valued at $187,525,000 after purchasing an additional 835,926 shares during the last quarter. Hedge funds and other institutional investors own 83.53% of the company’s stock.

The PNC Financial Services Group Stock Performance

NYSE PNC opened at $220.99 on Wednesday. The company has a market capitalization of $86.66 billion, a P/E ratio of 13.32, a PEG ratio of 0.94 and a beta of 0.99. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.81 and a quick ratio of 0.81. The PNC Financial Services Group, Inc has a 1-year low of $145.12 and a 1-year high of $227.00. The business has a 50 day moving average price of $204.16 and a 200 day moving average price of $197.69.

The PNC Financial Services Group (NYSE:PNCGet Free Report) last issued its quarterly earnings data on Friday, January 16th. The financial services provider reported $4.88 EPS for the quarter, beating analysts’ consensus estimates of $4.23 by $0.65. The firm had revenue of $6.07 billion for the quarter, compared to analysts’ expectations of $5.90 billion. The PNC Financial Services Group had a net margin of 20.40% and a return on equity of 11.87%. The firm’s revenue was up 9.1% on a year-over-year basis. During the same period in the prior year, the company earned $3.77 EPS. Sell-side analysts expect that The PNC Financial Services Group, Inc will post 15.37 EPS for the current fiscal year.

The PNC Financial Services Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, February 5th. Investors 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 dividend on an annualized basis and a yield of 3.1%. The PNC Financial Services Group’s dividend payout ratio is presently 40.99%.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Weiss Ratings reissued a “buy (b)” rating on shares of The PNC Financial Services Group in a research report on Monday, December 22nd. Cfra Research raised The PNC Financial Services Group to a “moderate buy” rating in a report on Thursday, October 16th. Truist Financial raised their target price on shares of The PNC Financial Services Group from $210.00 to $229.00 and gave the stock a “hold” rating in a research report on Thursday, December 18th. Morgan Stanley lifted their target price on shares of The PNC Financial Services Group from $211.00 to $221.00 and gave the company an “underweight” rating in a report on Tuesday. Finally, Barclays increased their price target on shares of The PNC Financial Services Group from $235.00 to $271.00 and gave the stock an “overweight” rating in a research note on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $231.00.

Check Out Our Latest Stock Analysis on The PNC Financial Services Group

Key Headlines Impacting The PNC Financial Services Group

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

  • Positive Sentiment: TD Cowen raised its price target to $260 and maintains a “buy” rating (~17.7% upside vs. $220.99). TD Cowen PT Raise
  • Positive Sentiment: Oppenheimer boosted its target to $284 and kept an “outperform” call (~28.5% upside). Oppenheimer PT Raise
  • Positive Sentiment: Wells Fargo raised its target to $264 and rates PNC “overweight” (~19.5% upside). Wells Fargo PT Raise
  • Positive Sentiment: Royal Bank of Canada moved its target to $235 and holds an “outperform” rating (~6.3% upside). RBC PT Raise
  • Positive Sentiment: Analysts broadly raised forecasts after PNC’s upbeat Q4 fiscal 2025 results (EPS and revenue beat), prompting several target upgrades and more bullish estimates. Analysts Raise Forecasts After Q4
  • Neutral Sentiment: Keefe, Bruyette & Woods bumped its target to $247 and kept a “market perform” rating (~11.8% upside) — a more cautious, middle‑of‑the‑road view. Keefe, Bruyette & Woods PT Raise
  • Neutral Sentiment: Yahoo Finance published a valuation piece assessing PNC after the record Q4 results; useful context on multiple/valuation vs. peers. Yahoo Valuation Article
  • Negative Sentiment: Morgan Stanley raised its target to $221 but retained an “underweight” rating (roughly no upside vs. $220.99), signaling continued caution from some strategists. Morgan Stanley PT Raise

Insiders Place Their Bets

In other The PNC Financial Services Group news, EVP Guild Deborah sold 1,080 shares of the firm’s stock in a transaction on Friday, October 24th. The stock was 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 owned 27,335 shares of the company’s stock, valued at approximately $5,110,824.95. This trade represents a 3.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 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 value of $183,570.00. Following the completion of the transaction, the executive vice president directly owned 5,802 shares of the company’s stock, valued at approximately $1,065,073.14. This trade represents a 14.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.41% of the stock is currently owned by corporate insiders.

The PNC Financial Services Group Profile

(Free Report)

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.

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Institutional Ownership by Quarter for The PNC Financial Services Group (NYSE:PNC)

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