The PNC Financial Services Group, Inc (NYSE:PNC) Stock Has Average Target Price of $270.11 According to Analysts

The PNC Financial Services Group, Inc (NYSE:PNC) has received an average rating of “Moderate Buy” from the twenty-one ratings firms that are covering the stock, MarketBeat reports. Six investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $267.20.

PNC has been the subject of several recent research reports. UBS Group decreased their price objective on The PNC Financial Services Group from $288.00 to $286.00 and set a “buy” rating for the company in a report on Monday, October 5th. Wells Fargo & Company increased their target price on The PNC Financial Services Group from $270.00 to $285.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. Keefe, Bruyette & Woods reduced their price target on shares of The PNC Financial Services Group from $260.00 to $250.00 and set a “market perform” rating for the company in a research report on Friday. Raymond James Financial decreased their price target on shares of The PNC Financial Services Group from $275.00 to $255.00 and set an “outperform” rating for the company in a research note on Friday. Finally, Stephens boosted their price target on shares of The PNC Financial Services Group from $265.00 to $275.00 and gave the company an “overweight” rating in a research note on Thursday, July 16th.

The PNC Financial Services Group Stock Performance

Shares of PNC opened at $217.21 on Monday. The PNC Financial Services Group has a one year low of $176.88 and a one year high of $258.96. The company has a market cap of $86.65 billion, a PE ratio of 11.56, a P/E/G ratio of 1.14 and a beta of 0.94. The stock has a 50-day moving average of $235.33 and a 200-day moving average of $233.29. The company has a debt-to-equity ratio of 1.23, a current ratio of 0.84 and a quick ratio of 0.83.

The PNC Financial Services Group (NYSE:PNC) last posted its quarterly earnings results on Thursday, October 15th. The financial services provider reported $5.09 earnings per share for the quarter, topping analysts’ consensus estimates of $4.91 by $0.18. The PNC Financial Services Group had a return on equity of 12.82% and a net margin of 21.83%. The business had revenue of $6.60 billion for the quarter, compared to the consensus estimate of $6.61 billion. During the same period in the prior year, the business earned $4.35 EPS. The firm’s revenue for the quarter was up 10.9% on a year-over-year basis. On average, equities research analysts predict that The PNC Financial Services Group will post 19.22 EPS for the current fiscal year.

The PNC Financial Services Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 5th. Stockholders of record on Wednesday, October 14th will be issued a dividend of $2.00 per share. This represents a $8.00 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date is Wednesday, October 14th. The PNC Financial Services Group’s dividend payout ratio (DPR) is currently 42.58%.

Key Stories Impacting The PNC Financial Services Group

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

• Positive Sentiment: PNC reported third-quarter adjusted EPS of $5.09, above the $4.91 consensus estimate and up from $4.35 a year earlier. Net income reached $2.1 billion, revenue rose 10.9% year over year to $6.60 billion, and net interest income increased 15%. PNC third-quarter earnings release
• Positive Sentiment: Loan growth, higher utilization and expansion markets supported results. PNC added approximately 500 commercial client relationships in expansion markets and forecasts roughly 13.5% average loan growth for full-year 2026. PNC loan growth outlook
• Positive Sentiment: Expense control improved the efficiency ratio to 57%, while average loans increased 2%, deposits grew 1% and PNC returned capital through $800 million in dividends and $600 million in share repurchases.
• Positive Sentiment: Oppenheimer raised its PNC price target to $269 and maintained an “outperform” rating, implying substantial potential upside based on the current trading level. Analyst forecast revisions
• Neutral Sentiment: Raymond James, RBC and Keefe, Bruyette & Woods lowered their targets to $255, $250 and $250, respectively, but retained positive or neutral ratings. TD Cowen also cut its target to $240 and maintained a “hold” rating. The revisions indicate continued confidence in PNC’s valuation potential but more cautious expectations after earnings.
• Negative Sentiment: Quarterly revenue of $6.60 billion narrowly missed estimates, while fee income declined and funding costs pressured net interest income. PNC revenue analysis
• Negative Sentiment: Net loan charge-offs increased to $257 million, including $35 million tied to a student-loan portfolio transfer. Management also highlighted the risk of technology-enabled deposit switching, while $36 million of FirstBank integration costs weighed on reported profit.

Insiders Place Their Bets

In related news, EVP Stacy Juchno sold 3,354 shares of the firm’s stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $255.84, for a total value of $858,087.36. Following the transaction, the executive vice president owned 18,800 shares of the company’s stock, valued at approximately $4,809,792. This trade represents a 15.14% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.38% of the company’s stock.

Institutional Trading of The PNC Financial Services Group

Institutional investors and hedge funds have recently modified their holdings of the stock. BlackRock Inc. purchased a new stake in shares of The PNC Financial Services Group during the 2nd quarter valued at $7,921,455,000. State Street Corp raised its stake in shares of The PNC Financial Services Group by 4.3% during the 2nd quarter. State Street Corp now owns 18,434,446 shares of the financial services provider’s stock worth $4,538,929,000 after purchasing an additional 765,097 shares during the period. Bank of America Corp DE bought a new stake in shares of The PNC Financial Services Group during the 2nd quarter worth $2,102,631,000. Deutsche Bank AG purchased a new position in shares of The PNC Financial Services Group in the 2nd quarter worth about $1,054,189,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of The PNC Financial Services Group by 1.1% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,607,786 shares of the financial services provider’s stock worth $888,309,000 after buying an additional 39,112 shares during the last quarter. 83.53% of the stock is owned by hedge funds and other institutional investors.

The PNC Financial Services Group Company Profile

The PNC Financial Services Group, Inc is a diversified financial services company headquartered in Pittsburgh, Pennsylvania. Through its principal banking subsidiary, PNC Bank, the company provides banking, lending, investment, and related financial services to individuals, small businesses, corporations, government entities, and institutional clients.

PNC’s consumer offerings include checking and savings accounts, credit cards, mortgages, home equity loans, personal lending, and online and mobile banking.