Simplicity Wealth LLC Decreases Stake in The PNC Financial Services Group, Inc $PNC

Simplicity Wealth LLC cut its position in shares of The PNC Financial Services Group, Inc (NYSE:PNC) by 42.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,898 shares of the financial services provider’s stock after selling 3,578 shares during the period. Simplicity Wealth LLC’s holdings in The PNC Financial Services Group were worth $984,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Detalus Advisors LLC bought a new position in shares of The PNC Financial Services Group during the 3rd quarter valued at approximately $210,000. CNB Bank increased its position in The PNC Financial Services Group by 15.1% in the third quarter. CNB Bank now owns 5,132 shares of the financial services provider’s stock worth $1,031,000 after purchasing an additional 674 shares during the last quarter. Charter Oak Capital Management LLC purchased a new stake in The PNC Financial Services Group during the third quarter valued at $2,242,000. Avidian Wealth Enterprises LLC lifted its position in The PNC Financial Services Group by 13.9% during the third quarter. Avidian Wealth Enterprises LLC now owns 2,187 shares of the financial services provider’s stock valued at $439,000 after purchasing an additional 267 shares during the last quarter. Finally, Rakuten Investment Management Inc. bought a new position in The PNC Financial Services Group during the third quarter valued at $10,938,000. Hedge funds and other institutional investors own 83.53% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on PNC. Keefe, Bruyette & Woods boosted their target price on shares of The PNC Financial Services Group from $228.00 to $247.00 and gave the stock a “market perform” rating in a report on Tuesday. Oppenheimer lifted their price target on The PNC Financial Services Group from $268.00 to $284.00 and gave the stock an “outperform” rating in a research report on Tuesday. TD Cowen boosted their price objective on The PNC Financial Services Group from $250.00 to $260.00 and gave the stock a “buy” rating in a research note on Tuesday. Morgan Stanley raised their price objective on The PNC Financial Services Group from $211.00 to $221.00 and gave the company an “underweight” rating in a research note on Tuesday. Finally, Wells Fargo & Company lifted their target price on The PNC Financial Services Group from $252.00 to $264.00 and gave the stock an “overweight” rating in a report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $231.00.

The PNC Financial Services Group Stock Performance

The PNC Financial Services Group stock opened at $219.40 on Friday. 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 firm has a market capitalization of $86.04 billion, a P/E ratio of 13.23, a price-to-earnings-growth ratio of 0.93 and a beta of 0.99. The PNC Financial Services Group, Inc has a 1-year low of $145.12 and a 1-year high of $227.78. The company’s 50-day moving average is $206.41 and its 200 day moving average is $198.21.

The PNC Financial Services Group (NYSE:PNC) last released its earnings results 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 PNC Financial Services Group had a return on equity of 11.87% and a net margin of 20.40%.The firm had revenue of $6.07 billion for the quarter, compared to analysts’ expectations of $5.90 billion. During the same quarter in the prior year, the firm posted $3.77 earnings per share. The company’s quarterly revenue was up 9.1% on a year-over-year basis. Research 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. Shareholders of record on Tuesday, January 20th will be paid a $1.70 dividend. The ex-dividend date 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 (DPR) is presently 40.99%.

Insider Buying and Selling at The PNC Financial Services Group

In other news, EVP Michael Duane Thomas sold 1,000 shares of The PNC Financial Services Group 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 trade represents a 14.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.41% of the company’s stock.

Trending Headlines about The PNC Financial Services Group

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

• Positive Sentiment: Keefe, Bruyette & Woods raised its price target on PNC to $247 after management issued a bullish 2026 outlook, signaling confidence in earnings momentum. Keefe Bruyette Lifts PNC Financial PT to $247
• Positive Sentiment: Wells Fargo boosted its PNC price target to $264, reflecting expectations for stronger share-price appreciation. Wells Fargo Boosts The PNC Financial Services Group Price Target to $264.00
• Positive Sentiment: Royal Bank of Canada raised its target on PNC to $235, joining other brokers in lifting forward views on the stock. Royal Bank Of Canada Boosts The PNC Financial Services Group Price Target to $235.00
• Positive Sentiment: Multiple brokers (Morgan Stanley and TD Cowen) published notes forecasting strong price appreciation for PNC, adding to bullish analyst momentum. Morgan Stanley Forecasts Strong Price Appreciation for PNC TD Cowen Forecasts Strong Price Appreciation for PNC
• Positive Sentiment: Oppenheimer and other brokerage notes reiterated expectations for upside, reinforcing the analyst-driven support behind the stock. Oppenheimer Forecasts Strong Price Appreciation for PNC Keefe, Bruyette & Woods Forecasts Strong Price Appreciation for PNC
• Positive Sentiment: PNC launched digital self-directed brokerage account opening within PNC Wealth Management, a product step that could expand retail/investment flows over time. PNC Wealth Management Simplifies Investing With New Online Brokerage Account Opening
• Neutral Sentiment: MSN published a summary of the five most insightful analyst questions from PNC’s Q4 earnings call — useful context on management’s guidance and investor priorities but not new company action. 5 insightful analyst questions from PNC’s Q4 earnings call
• Neutral Sentiment: A Zacks comparison piece weighs PNC against Tradeweb (TW) on valuation, offering a relative-value view for investors deciding between financial/investment-bank exposure. PNC vs. TW: Which Stock Is the Better Value Option?
• Negative Sentiment: Market reaction today is negative — shares are trading lower — which may reflect short-term profit-taking after recent gains and the flurry of analyst attention rather than fresh company weak signals.

About The PNC Financial Services Group

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.