Vest Financial LLC Grows Stock Holdings in The PNC Financial Services Group, Inc $PNC

Vest Financial LLC boosted its stake in shares of The PNC Financial Services Group, Inc (NYSE:PNCFree Report) by 59.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 176,723 shares of the financial services provider’s stock after acquiring an additional 65,984 shares during the quarter. Vest Financial LLC’s holdings in The PNC Financial Services Group were worth $35,509,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of PNC. Brighton Jones LLC increased its position in The PNC Financial Services Group by 32.2% during the 4th quarter. Brighton Jones LLC now owns 4,041 shares of the financial services provider’s stock worth $779,000 after purchasing an additional 984 shares during the period. Empowered Funds LLC boosted its stake in shares of The PNC Financial Services Group by 2.1% in the first quarter. Empowered Funds LLC now owns 8,261 shares of the financial services provider’s stock valued at $1,452,000 after buying an additional 170 shares in the last quarter. Sivia Capital Partners LLC boosted its stake in shares of The PNC Financial Services Group by 50.3% in the second quarter. Sivia Capital Partners LLC now owns 4,331 shares of the financial services provider’s stock valued at $807,000 after buying an additional 1,449 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in The PNC Financial Services Group by 49.9% during the second quarter. Farther Finance Advisors LLC now owns 9,695 shares of the financial services provider’s stock worth $1,807,000 after acquiring an additional 3,228 shares during the period. Finally, Park Avenue Securities LLC grew its holdings in The PNC Financial Services Group by 7.4% during the second quarter. Park Avenue Securities LLC now owns 11,360 shares of the financial services provider’s stock worth $2,118,000 after acquiring an additional 784 shares during the period. 83.53% of the stock is currently owned by hedge funds and other institutional investors.

The PNC Financial Services Group Trading Up 1.8%

Shares of PNC stock opened at $227.14 on Wednesday. The firm’s 50-day simple moving average is $204.16 and its 200-day simple moving average is $197.69. 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 firm has a market cap of $89.07 billion, a P/E ratio of 13.35, a PEG ratio of 0.94 and a beta of 0.99.

The PNC Financial Services Group (NYSE:PNCGet Free Report) last released its earnings results on Friday, January 16th. The financial services provider reported $4.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.23 by $0.65. The firm had revenue of $6.07 billion during the quarter, compared to the consensus estimate 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 PNC Financial Services Group’s revenue was up 9.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.77 earnings per share. As a group, equities analysts forecast that The PNC Financial Services Group, Inc will post 15.37 EPS for the current year.

The PNC Financial Services Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 5th. Investors of record on Tuesday, January 20th will be given a dividend of $1.70 per share. This represents a $6.80 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend is Tuesday, January 20th. The PNC Financial Services Group’s dividend payout ratio is 40.99%.

Insiders Place Their Bets

In related news, EVP Michael Duane Thomas sold 1,000 shares of the business’s stock in a transaction that occurred 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 transaction, the executive vice president directly owned 5,802 shares of the company’s stock, valued at approximately $1,065,073.14. The trade was a 14.70% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Guild Deborah sold 1,080 shares of the business’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 transaction, the executive vice president directly owned 27,335 shares in the company, valued at approximately $5,110,824.95. The trade was a 3.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.41% of the company’s stock.

Key The PNC Financial Services Group News

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

  • Positive Sentiment: PNC reported an upbeat Q4 (EPS $4.88 vs. $4.23 est.; revenue $6.07B vs. $5.90B est.; revenue +9.1% y/y). The stronger-than-expected results and raised company forecasts underpin recent analyst optimism and are a clear catalyst for buying interest. Article Title
  • Positive Sentiment: Oppenheimer raised its price target to $284 and kept an “outperform” rating — one of the largest upside projections among broker notes, reinforcing bullish expectations for PNC’s earnings power. Article Title
  • Positive Sentiment: Wells Fargo lifted its target to $264 and maintained an “overweight” call, signaling confidence among large-cap bank analysts that should support upward pressure on the stock. Article Title
  • Positive Sentiment: TD Cowen boosted its target to $260 and put a “buy” rating on PNC, adding incremental buy-side momentum from another major shop. Article Title
  • Positive Sentiment: Royal Bank of Canada raised its target to $235 with an “outperform” stance, contributing further to the cluster of upward revisions following the quarter. Article Title
  • Neutral Sentiment: Keefe, Bruyette & Woods increased its target to $247 but kept a “market perform” rating — a modest endorsement that may limit upside conviction compared with outright buy/outperform calls. Article Title
  • Neutral Sentiment: Post-quarter valuation write-ups (e.g., Yahoo Finance) highlight record results and revalue PNC given the beat — useful context for longer-term investors but less likely to move intraday trading than fresh analyst actions. Article Title
  • Negative Sentiment: Morgan Stanley raised its target to $221 but retained an “underweight” rating — signaling caution from a major bank analyst that can cap rally enthusiasm despite the PT bump. Article Title

Wall Street Analyst Weigh In

A number of equities research analysts have commented on PNC shares. TD Cowen raised their target price on The PNC Financial Services Group from $250.00 to $260.00 and gave the company a “buy” rating in a report on Tuesday. Keefe, Bruyette & Woods raised their price objective on shares of The PNC Financial Services Group from $228.00 to $247.00 and gave the company a “market perform” rating in a research note on Tuesday. Oppenheimer boosted their price objective on shares of The PNC Financial Services Group from $268.00 to $284.00 and gave the stock an “outperform” rating in a report on Tuesday. Royal Bank Of Canada increased their target price on shares of The PNC Financial Services Group from $222.00 to $235.00 and gave the company an “outperform” rating in a report on Tuesday. Finally, Truist Financial lifted their price target on shares of The PNC Financial Services Group from $210.00 to $229.00 and gave the company a “hold” rating in a research report on Thursday, December 18th. One investment 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. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $231.00.

Get Our Latest Analysis on PNC

About The PNC Financial Services Group

(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.

Further Reading

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

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