Truist Financial Corporation (NYSE:TFC – Get Free Report) has received an average rating of “Hold” from the fourteen research firms that are currently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and six have given a buy rating to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $53.20.
A number of analysts recently issued reports on TFC shares. UBS Group set a $55.00 price target on shares of Truist Financial in a research note on Tuesday, October 21st. Raymond James Financial raised their price objective on shares of Truist Financial from $50.00 to $56.00 and gave the stock an “outperform” rating in a report on Wednesday, January 7th. The Goldman Sachs Group reissued a “buy” rating and issued a $58.00 target price on shares of Truist Financial in a research report on Tuesday, January 6th. Piper Sandler increased their price target on shares of Truist Financial from $50.00 to $53.00 and gave the stock a “neutral” rating in a research report on Thursday. Finally, Keefe, Bruyette & Woods lifted their price target on Truist Financial from $49.00 to $53.00 and gave the stock a “market perform” rating in a research note on Wednesday, December 17th.
Read Our Latest Report on Truist Financial
Truist Financial Trading Up 0.6%
Truist Financial (NYSE:TFC – Get Free Report) last posted its quarterly earnings data on Wednesday, January 21st. The insurance provider reported $1.00 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.09 by ($0.09). Truist Financial had a return on equity of 9.03% and a net margin of 17.09%.The business had revenue of $5.30 billion for the quarter, compared to analysts’ expectations of $5.32 billion. During the same quarter in the prior year, the firm earned $0.91 earnings per share. Truist Financial’s revenue for the quarter was up 3.6% compared to the same quarter last year. As a group, sell-side analysts predict that Truist Financial will post 4 earnings per share for the current fiscal year.
Truist Financial declared that its board has approved a share repurchase program on Tuesday, December 16th that allows the company to repurchase $10.00 billion in shares. This repurchase authorization allows the insurance provider to reacquire up to 15.7% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s board of directors believes its stock is undervalued.
Truist Financial Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Friday, November 14th were given a $0.52 dividend. The ex-dividend date was Friday, November 14th. This represents a $2.08 annualized dividend and a dividend yield of 4.1%. Truist Financial’s dividend payout ratio (DPR) is presently 55.91%.
Key Headlines Impacting Truist Financial
Here are the key news stories impacting Truist Financial this week:
- Positive Sentiment: TD Cowen raised its price target on TFC to $60 and maintained a “buy” rating, implying roughly ~19% upside from current levels — supportive analyst sentiment that can lift the stock. Benzinga
- Positive Sentiment: Some outlets report Truist delivered an adjusted Q4 EPS beat (reported $1.12 vs. the Zacks consensus $1.09), and year-over-year EPS improvement — this stronger-than-expected profitability on an adjusted basis is a near-term positive for shares. Zacks: Earnings Beat
- Neutral Sentiment: Truist posted its full Q4 release, slide deck and earnings call materials — useful for investors who want to dig into line-item trends (NII, fees, loan growth and provisioning). PR Newswire: Q4 Release
- Neutral Sentiment: Company updated Q1 and FY‑2026 revenue guidance with ranges slightly below consensus (Q1: ~$5.1–5.2B vs. consensus ~$5.2B; FY: $21.3–21.5B vs. ~$21.4B) — guidance is broadly in line but offers limited upside visibility. Slide Deck
- Negative Sentiment: Other reports show a weaker headline EPS (MarketBeat cited $1.00, missing estimates) and revenue slightly shy of expectations — conflicting presentations of GAAP vs. adjusted results can pressure sentiment. MarketBeat: Q4 Results
- Negative Sentiment: Analysts and coverage note rising operating expenses and higher credit provisions offsetting NII/fee gains, and commentary that growth is muted — Seeking Alpha highlighted a downgrade and skepticism that buybacks will offset slower underlying growth. Those factors are weighing on the stock. Seeking Alpha: Downgrade
Insider Buying and Selling at Truist Financial
In other news, Director K. David Jr. Boyer sold 5,160 shares of the firm’s stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $46.45, for a total value of $239,682.00. Following the transaction, the director directly owned 10,153 shares in the company, valued at approximately $471,606.85. This trade represents a 33.70% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.17% of the company’s stock.
Institutional Investors Weigh In On Truist Financial
Several institutional investors and hedge funds have recently bought and sold shares of TFC. Aspect Partners LLC grew its holdings in shares of Truist Financial by 71.5% during the second quarter. Aspect Partners LLC now owns 643 shares of the insurance provider’s stock valued at $28,000 after purchasing an additional 268 shares during the last quarter. Valley Wealth Managers Inc. acquired a new position in Truist Financial during the 3rd quarter valued at approximately $28,000. Princeton Global Asset Management LLC bought a new position in Truist Financial during the 2nd quarter worth $30,000. Capital A Wealth Management LLC increased its position in Truist Financial by 1,189.5% in the second quarter. Capital A Wealth Management LLC now owns 735 shares of the insurance provider’s stock worth $32,000 after buying an additional 678 shares during the period. Finally, Darwin Wealth Management LLC lifted its stake in Truist Financial by 631.6% in the third quarter. Darwin Wealth Management LLC now owns 695 shares of the insurance provider’s stock valued at $32,000 after buying an additional 600 shares during the last quarter. Institutional investors and hedge funds own 71.28% of the company’s stock.
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.
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