The PNC Financial Services Group (NYSE:PNC) Price Target Raised to $267.00

The PNC Financial Services Group (NYSE:PNC) had its price objective boosted by Morgan Stanley from $263.00 to $267.00 in a research note released on Thursday morning,Benzinga reports. The brokerage currently has an equal weight rating on the financial services provider’s stock.

A number of other equities analysts also recently issued reports on the company. Wells Fargo & Company increased their price target on The PNC Financial Services Group from $252.00 to $264.00 and gave the stock an “overweight” 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 report on Friday, March 27th. Barclays increased their price target on The PNC Financial Services Group from $271.00 to $277.00 and gave the stock an “overweight” rating in a research report on Thursday. Oppenheimer dropped their price target on The PNC Financial Services Group from $284.00 to $263.00 and set an “outperform” rating on the stock in a research report on Friday, March 27th. Finally, Truist Financial increased their price target on The PNC Financial Services Group from $234.00 to $245.00 and gave the stock a “hold” rating in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $241.69.

The PNC Financial Services Group Price Performance

PNC opened at $224.75 on Thursday. The PNC Financial Services Group has a 12-month low of $148.28 and a 12-month high of $243.94. The company has a current ratio of 0.83, a quick ratio of 0.81 and a debt-to-equity ratio of 1.00. The business’s fifty day simple moving average is $215.73 and its 200-day simple moving average is $206.54. The company has a market capitalization of $90.66 billion, a price-to-earnings ratio of 13.06, a PEG ratio of 1.00 and a beta of 0.96.

The PNC Financial Services Group (NYSE:PNC) last posted its quarterly earnings results on Wednesday, April 15th. The financial services provider reported $4.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.92 by $0.40. The PNC Financial Services Group had a return on equity of 12.10% and a net margin of 20.89%.The business had revenue of $6.17 billion for the quarter, compared to the consensus estimate of $6.21 billion. During the same quarter in the prior year, the company earned $3.51 EPS. The business’s revenue was up 13.1% compared to the same quarter last year. On average, equities research analysts anticipate that The PNC Financial Services Group will post 15.37 earnings per share for the current fiscal year.

The PNC Financial Services Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 5th. Stockholders of record on Tuesday, April 14th will be issued a $1.70 dividend. The ex-dividend date is Tuesday, April 14th. This represents a $6.80 dividend on an annualized basis and a dividend yield of 3.0%. The PNC Financial Services Group’s dividend payout ratio (DPR) is currently 39.51%.

Insider Buying and Selling

In other news, EVP Alexander E. C. Overstrom sold 2,500 shares of The PNC Financial Services Group stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $233.91, for a total value of $584,775.00. Following the transaction, the executive vice president directly owned 21,120 shares in the company, valued at approximately $4,940,179.20. This trade represents a 10.58% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO William S. Demchak sold 50,000 shares of The PNC Financial Services Group stock in a transaction on Friday, February 20th. The shares were sold at an average price of $230.88, for a total value of $11,544,000.00. Following the completion of the transaction, the chief executive officer owned 554,274 shares in the company, valued at $127,970,781.12. This represents a 8.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 64,186 shares of company stock valued at $14,840,973. 0.38% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Brighton Jones LLC boosted its position in shares of The PNC Financial Services Group by 32.2% in 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 in the last quarter. Empowered Funds LLC boosted its position in shares of The PNC Financial Services Group by 2.1% in the 1st quarter. Empowered Funds LLC now owns 8,261 shares of the financial services provider’s stock worth $1,452,000 after purchasing an additional 170 shares in the last quarter. Sivia Capital Partners LLC boosted its position in shares of The PNC Financial Services Group by 50.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 4,331 shares of the financial services provider’s stock worth $807,000 after purchasing an additional 1,449 shares in the last quarter. Treasurer of the State of North Carolina boosted its position in shares of The PNC Financial Services Group by 1.5% in the 2nd quarter. Treasurer of the State of North Carolina now owns 184,579 shares of the financial services provider’s stock worth $34,409,000 after purchasing an additional 2,808 shares in the last quarter. Finally, Diversify Advisory Services LLC acquired a new stake in shares of The PNC Financial Services Group in the 2nd quarter worth $482,000. 83.53% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about The PNC Financial Services Group

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

• Positive Sentiment: Q1 earnings beat consensus and showed strong loan growth and benefits from the FirstBank integration, underpinning confidence in PNC’s core earnings trajectory. PNC Q1 Deep Dive
• Positive Sentiment: Oppenheimer raised its price target to $268 and kept an outperform view, signaling stronger analyst conviction after the quarter. Oppenheimer PT Raise
• Positive Sentiment: Barclays raised its target to $277 and remains overweight, one of the larger upward revisions—supportive for upside expectations. Barclays PT Raise
• Positive Sentiment: Bank of America and Keefe, Bruyette & Woods issued positive forecasts/coverage affirming the bullish post‑earnings view. Bank of America Forecast KBW Forecast
• Positive Sentiment: PNC executives publicly expressed a constructive view on equity markets and growth prospects in media appearances, which helps investor sentiment. Yung-Yu Ma Interview
• Neutral Sentiment: Morgan Stanley raised its target to $267 but kept an equal‑weight rating — a positive revision in value but not a bullish upgrade. Morgan Stanley Note
• Neutral Sentiment: Truist lifted its target to $245 and maintained a hold rating, reflecting mixed upside vs. near‑term execution/expense questions. Truist PT Raise TickerReport
• Negative Sentiment: PNC slightly missed revenue expectations and reported pressure in noninterest income and higher operating expenses—factors that could cap near‑term multiple expansion. Q1 Highlights
• Negative Sentiment: Sector weakness from peers: Fifth Third’s Q1 miss and rising expenses/credit provisions underscores that higher costs and credit volatility remain risks for regional banks. Fifth Third Q1 Miss

The PNC Financial Services Group Company Profile

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.