The PNC Financial Services Group, Inc $PNC Shares Purchased by Whittier Trust Co.

Whittier Trust Co. grew its stake in shares of The PNC Financial Services Group, Inc (NYSE:PNC) by 3.6% in the third quarter, according to its most recent filing with the SEC. The fund owned 228,716 shares of the financial services provider’s stock after acquiring an additional 8,033 shares during the period. Whittier Trust Co. owned about 0.06% of The PNC Financial Services Group worth $45,391,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of PNC. Norges Bank acquired 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 shares of The PNC Financial Services Group in the second quarter worth about $442,871,000. AQR Capital Management LLC increased its position in shares of The PNC Financial Services Group by 134.9% in 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 acquiring an additional 1,917,530 shares in the last quarter. Federated Hermes Inc. raised its holdings 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 valued at $517,598,000 after acquiring an additional 845,148 shares during the period. Finally, Marshall Wace LLP lifted its position 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 acquiring an additional 835,926 shares in the last quarter. 83.53% of the stock is currently owned by institutional investors and hedge funds.

The PNC Financial Services Group Trading Down 1.2%

NYSE:PNC opened at $219.40 on Friday. The company has a market capitalization of $86.04 billion, a P/E ratio of 13.23, a P/E/G ratio of 0.92 and a beta of 0.99. The stock’s 50 day moving average price is $206.41 and its 200 day moving average price is $198.21. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.81 and a current ratio of 0.81. The PNC Financial Services Group, Inc has a 52 week low of $145.12 and a 52 week high of $227.78.

The PNC Financial Services Group (NYSE:PNC) last posted its earnings results on Friday, January 16th. The financial services provider reported $4.88 EPS for the quarter, topping the consensus estimate of $4.23 by $0.65. The company 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 company’s revenue for the quarter was up 9.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $3.77 earnings per share. On average, research analysts forecast that The PNC Financial Services Group, Inc will post 15.37 EPS for the current fiscal year.

The PNC Financial Services Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, February 5th. Shareholders of record on Tuesday, January 20th will be issued a dividend of $1.70 per share. This represents a $6.80 annualized dividend and a yield of 3.1%. The ex-dividend date is Tuesday, January 20th. The PNC Financial Services Group’s dividend payout ratio (DPR) is 40.99%.

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.

Analysts Set New Price Targets

Several analysts have issued reports on PNC shares. Wells Fargo & Company boosted their target price on shares of The PNC Financial Services Group from $252.00 to $264.00 and gave the company an “overweight” rating in a research note on Tuesday, January 20th. Royal Bank Of Canada upped their price target on The PNC Financial Services Group from $222.00 to $235.00 and gave the company an “outperform” rating in a research report on Tuesday, January 20th. Weiss Ratings reissued a “buy (b)” rating on shares of The PNC Financial Services Group in a research note on Monday, December 22nd. TD Cowen lifted their target price on The PNC Financial Services Group from $250.00 to $260.00 and gave the company a “buy” rating in a research note on Tuesday, January 20th. Finally, Keefe, Bruyette & Woods raised their price target 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, January 20th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, The PNC Financial Services Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $231.00.

Insider Buying and Selling at The PNC Financial Services Group

In other news, EVP Michael Duane Thomas sold 1,000 shares of the company’s stock in a transaction dated 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 owned 5,802 shares in the company, valued at approximately $1,065,073.14. This represents a 14.70% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.41% of the stock is owned by corporate insiders.

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.