Prudential Financial (NYSE:PRU) Announces Earnings Results

Prudential Financial (NYSE:PRUGet Free Report) announced its quarterly earnings data on Tuesday. The financial services provider reported $3.61 EPS for the quarter, topping analysts’ consensus estimates of $3.09 by $0.52, FiscalAI reports. The firm had revenue of $15.23 billion during the quarter, compared to analyst estimates of $14.10 billion. Prudential Financial had a return on equity of 16.32% and a net margin of 6.20%.During the same period last year, the company posted $3.29 EPS.

Prudential Financial Stock Performance

Shares of PRU traded down $0.74 on Wednesday, reaching $99.53. 1,817,721 shares of the stock traded hands, compared to its average volume of 2,346,121. The stock’s 50-day moving average price is $96.91 and its 200-day moving average price is $104.57. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.16 and a quick ratio of 0.16. The firm has a market cap of $34.62 billion, a price-to-earnings ratio of 9.95, a P/E/G ratio of 1.77 and a beta of 0.86. Prudential Financial has a 12 month low of $91.89 and a 12 month high of $119.76.

Insider Activity at Prudential Financial

In related news, Director Joseph J. Wolk purchased 400 shares of the firm’s stock in a transaction that occurred on Wednesday, February 11th. The shares were acquired at an average price of $105.32 per share, with a total value of $42,128.00. Following the purchase, the director directly owned 400 shares in the company, valued at $42,128. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Jacques Chappuis purchased 1,000 shares of the business’s stock in a transaction dated Friday, February 6th. The shares were purchased at an average cost of $100.97 per share, for a total transaction of $100,970.00. Following the purchase, the executive vice president directly owned 1,000 shares of the company’s stock, valued at $100,970. This trade represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have purchased a total of 1,650 shares of company stock valued at $168,841 in the last 90 days. 0.05% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Prudential Financial

Several hedge funds have recently added to or reduced their stakes in the stock. Compound Planning Inc. raised its position in shares of Prudential Financial by 24.1% during the fourth quarter. Compound Planning Inc. now owns 3,836 shares of the financial services provider’s stock worth $433,000 after purchasing an additional 745 shares during the period. Axxcess Wealth Management LLC raised its position in shares of Prudential Financial by 62.6% during the fourth quarter. Axxcess Wealth Management LLC now owns 14,780 shares of the financial services provider’s stock worth $1,668,000 after purchasing an additional 5,690 shares during the period. Corient Private Wealth LLC raised its position in shares of Prudential Financial by 31.4% during the fourth quarter. Corient Private Wealth LLC now owns 98,307 shares of the financial services provider’s stock worth $11,097,000 after purchasing an additional 23,506 shares during the period. Alpine Woods Capital Investors LLC raised its position in shares of Prudential Financial by 22.8% during the fourth quarter. Alpine Woods Capital Investors LLC now owns 26,327 shares of the financial services provider’s stock worth $2,972,000 after purchasing an additional 4,887 shares during the period. Finally, Mercer Global Advisors Inc. ADV raised its position in shares of Prudential Financial by 16.5% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 61,492 shares of the financial services provider’s stock worth $6,941,000 after purchasing an additional 8,701 shares during the period. Institutional investors and hedge funds own 56.83% of the company’s stock.

More Prudential Financial News

Here are the key news stories impacting Prudential Financial this week:

  • Positive Sentiment: Q1 beat on both EPS and revenue — non‑GAAP EPS of $3.61 topped consensus and revenue rose to $15.23B, driven in part by strong PGIM investment performance; adjusted operating income increased to $1.278B and book value per share improved, giving fundamental support to earnings and capital metrics. Business Wire: Q1 Results
  • Positive Sentiment: Coverage and writeups highlight the beat and resilient operations — multiple outlets note the company delivered upside to estimates and that PGIM’s investment results were a key driver of the quarter. Yahoo: Tops Q1 Earnings
  • Neutral Sentiment: Analysts and commentators call the quarter “solid” but caveat that Japan-related issues complicate the outlook — coverage summarizes results and frames the quarter as mixed given regulatory overhang. Seeking Alpha: Solid Q1 Despite Japan Challenges
  • Neutral Sentiment: Detail pieces and metrics comparisons (Zacks, TipRanks) provide context on margins, ROE and how this quarter stacks up vs. estimates and year-ago results — useful for modeling but not new catalyst news. Zacks: Key Metrics
  • Negative Sentiment: Regulatory and Japan business risk: Prudential reported a drop in net income and faces an investigation into its Japanese subsidiary; sales were suspended in Japan, a development cited as causing a reported 15.6% profit decline in some coverage — this ongoing uncertainty is the main negative driver for the stock. Life Insurance International: Profit Falls After Japan Suspension
  • Negative Sentiment: Analyst downgrades and price‑target cuts (Morgan Stanley, Wells Fargo and others) highlight valuation pressure tied to the Japan probe; those downgrades have intensified selling pressure despite the quarter’s topline/earnings beat. American Banking News: Morgan Stanley Downgrade

Analysts Set New Price Targets

Several brokerages have recently issued reports on PRU. Wall Street Zen lowered Prudential Financial from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. Keefe, Bruyette & Woods reduced their price target on Prudential Financial from $104.00 to $100.00 and set a “market perform” rating for the company in a report on Thursday, April 23rd. Mizuho reduced their price target on Prudential Financial from $113.00 to $101.00 and set a “neutral” rating for the company in a report on Monday, April 13th. Piper Sandler reduced their price target on Prudential Financial from $105.00 to $99.00 and set a “neutral” rating for the company in a report on Wednesday, April 22nd. Finally, UBS Group reduced their price target on Prudential Financial from $105.00 to $98.00 and set a “neutral” rating for the company in a report on Thursday, April 9th. Nine investment analysts have rated the stock with a Hold rating and six have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and a consensus price target of $99.92.

Read Our Latest Report on PRU

About Prudential Financial

(Get Free Report)

Prudential Financial, Inc, headquartered in Newark, New Jersey, is a diversified financial services company with roots dating to 1875. The firm provides a range of insurance, retirement and investment products aimed at helping individual and institutional clients manage risk, accumulate and protect wealth, and plan for retirement. Prudential’s long history in life insurance and related financial services has positioned it as a major participant in the U.S. insurance market and a provider of services to a broad client base.

Prudential’s core business activities include individual life insurance, annuities, retirement solutions and group insurance products for employers.

See Also

Earnings History for Prudential Financial (NYSE:PRU)

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