Varma Mutual Pension Insurance Co Has $1.33 Million Holdings in Prudential Financial, Inc. $PRU

Varma Mutual Pension Insurance Co trimmed its position in Prudential Financial, Inc. (NYSE:PRU) by 89.2% in the fourth quarter, Holdings Channel reports. The fund owned 11,800 shares of the financial services provider’s stock after selling 97,039 shares during the quarter. Varma Mutual Pension Insurance Co’s holdings in Prudential Financial were worth $1,332,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Sunflower Bank N.A. lifted its stake in shares of Prudential Financial by 3.2% in the 4th quarter. Sunflower Bank N.A. now owns 2,911 shares of the financial services provider’s stock valued at $329,000 after acquiring an additional 91 shares during the last quarter. Wetzel Investment Advisors Inc. grew its holdings in shares of Prudential Financial by 0.9% during the fourth quarter. Wetzel Investment Advisors Inc. now owns 10,022 shares of the financial services provider’s stock worth $1,131,000 after purchasing an additional 94 shares during the last quarter. CIBC Private Wealth Group LLC grew its holdings in shares of Prudential Financial by 0.3% during the third quarter. CIBC Private Wealth Group LLC now owns 28,795 shares of the financial services provider’s stock worth $2,987,000 after purchasing an additional 97 shares during the last quarter. Transcend Capital Advisors LLC grew its holdings in shares of Prudential Financial by 2.4% during the fourth quarter. Transcend Capital Advisors LLC now owns 4,175 shares of the financial services provider’s stock worth $471,000 after purchasing an additional 98 shares during the last quarter. Finally, Mindset Wealth Management LLC grew its holdings in shares of Prudential Financial by 2.1% during the third quarter. Mindset Wealth Management LLC now owns 4,781 shares of the financial services provider’s stock worth $496,000 after purchasing an additional 100 shares during the last quarter. 56.83% of the stock is currently owned by institutional investors.

Insider Activity at Prudential Financial

In other news, EVP Jacques Chappuis bought 1,000 shares of the company’s stock in a transaction that occurred on Friday, February 6th. The shares were acquired at an average price of $100.97 per share, for a total transaction of $100,970.00. Following the completion of the acquisition, the executive vice president directly owned 1,000 shares in the company, valued at approximately $100,970. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Joseph J. Wolk purchased 400 shares of the company’s stock in a transaction on Wednesday, February 11th. The stock was acquired at an average cost of $105.32 per share, for a total transaction of $42,128.00. Following the completion of the purchase, the director owned 400 shares of the company’s stock, valued at approximately $42,128. This trade represents a ∞ increase in their position. The SEC filing for this purchase provides additional information. Insiders have bought a total of 1,650 shares of company stock worth $168,841 over the last quarter. Company insiders own 0.05% of the company’s stock.

Prudential Financial Price Performance

Prudential Financial stock opened at $100.17 on Wednesday. The stock’s 50 day moving average is $96.91 and its 200 day moving average 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 $34.84 billion, a P/E ratio of 10.02, a P/E/G ratio of 1.77 and a beta of 0.86. Prudential Financial, Inc. has a one year low of $91.89 and a one year high of $119.76.

Prudential Financial (NYSE:PRU) last released its earnings results on Tuesday, May 5th. The financial services provider reported $3.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.09 by $0.52. The business had revenue of $15.23 billion for the quarter, compared to analyst estimates of $14.10 billion. Prudential Financial had a net margin of 6.20% and a return on equity of 16.32%. During the same quarter in the previous year, the business earned $3.29 earnings per share. As a group, research analysts expect that Prudential Financial, Inc. will post 13.66 EPS for the current year.

Prudential Financial News Summary

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

• Positive Sentiment: Q1 EPS and revenue materially beat expectations — non‑GAAP EPS $3.61 vs. consensus ~$3.09 and revenue $15.23B above estimates, signaling operating strength. Prudential (PRU) Tops Q1 Earnings and Revenue Estimates
• Positive Sentiment: After‑tax adjusted operating income rose ~7.6% YoY to $1.278B and book value per share improved vs. prior year — supports underlying profitability and capital traction. Prudential Financial, Inc. Announces First Quarter 2026 Results
• Positive Sentiment: PGIM’s strong investment performance was highlighted as a driver of results, helping lift revenue and adjusted earnings. Prudential Q1 earnings beat on strong PGIM investment performance
• Neutral Sentiment: Analyst commentary frames the quarter as “solid” but tempered by Japan exposure — useful context but not new data. Prudential Financial: Solid Q1 Despite Japan Challenges
• Neutral Sentiment: Company reported lower GAAP net income ($597M) vs. prior year, reflecting items that make headline profit figures mixed versus adjusted metrics. Prudential Financial Reports Mixed First-Quarter 2026 Results
• Negative Sentiment: Sales suspension and misconduct probe in Japan continue to pressure valuation; one report says profit fell ~15.6% after the suspension. Japan is a material market (~22% of sales in 2025). Prudential Financial Q1 2026 profit falls 15.6% after Japanese sales suspension
• Negative Sentiment: Multiple broker downgrades and price‑target cuts (Morgan Stanley, Wells Fargo) cite Japan risks and valuation pressure, which can cap near‑term upside. Prudential Downgraded Again. Stock Faces ‘Continued Valuation Pressure’ From Japan Probe.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. Weiss Ratings cut Prudential Financial from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, March 13th. BMO Capital Markets cut their price target on shares of Prudential Financial from $91.00 to $87.00 and set an “underperform” rating on the stock in a report on Thursday, April 23rd. Jefferies Financial Group lowered shares of Prudential Financial from a “buy” rating to a “hold” rating and cut their price target for the stock from $124.00 to $98.00 in a report on Wednesday, April 22nd. Keefe, Bruyette & Woods cut their price target on shares of Prudential Financial from $104.00 to $100.00 and set a “market perform” rating on the stock in a report on Thursday, April 23rd. Finally, JPMorgan Chase & Co. cut their price target on shares of Prudential Financial from $133.00 to $127.00 and set a “neutral” rating on the stock in a report on Wednesday, February 4th. Nine investment analysts have rated the stock with a Hold rating and six have issued a Sell rating to the stock. Based on data from MarketBeat.com, Prudential Financial has an average rating of “Reduce” and an average price target of $100.00.

Prudential Financial Profile

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.