The PNC Financial Services Group, Inc $PNC Stock Position Lifted by Russell Investments Group Ltd.

Russell Investments Group Ltd. raised its stake in The PNC Financial Services Group, Inc (NYSE:PNCFree Report) by 11.7% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 204,988 shares of the financial services provider’s stock after purchasing an additional 21,440 shares during the quarter. Russell Investments Group Ltd.’s holdings in The PNC Financial Services Group were worth $41,226,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of The PNC Financial Services Group by 12.8% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 57,835 shares of the financial services provider’s stock worth $11,621,000 after buying an additional 6,572 shares during the last quarter. US Bancorp DE increased its holdings in shares of The PNC Financial Services Group by 13.4% during the 3rd quarter. US Bancorp DE now owns 287,236 shares of the financial services provider’s stock valued at $57,714,000 after acquiring an additional 34,009 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of The PNC Financial Services Group by 1.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,837,301 shares of the financial services provider’s stock valued at $369,169,000 after acquiring an additional 22,325 shares during the last quarter. National Pension Service raised its stake in shares of The PNC Financial Services Group by 2.5% in the 3rd quarter. National Pension Service now owns 1,070,589 shares of the financial services provider’s stock valued at $215,113,000 after acquiring an additional 26,305 shares in the last quarter. Finally, Savant Capital LLC raised its stake in shares of The PNC Financial Services Group by 8.7% in the 3rd quarter. Savant Capital LLC now owns 87,952 shares of the financial services provider’s stock valued at $17,672,000 after acquiring an additional 7,064 shares in the last quarter. Hedge funds and other institutional investors own 83.53% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on PNC shares. Royal Bank Of Canada upped their target price on The PNC Financial Services Group from $222.00 to $235.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 20th. Barclays lifted their price target on shares of The PNC Financial Services Group from $235.00 to $271.00 and gave the company an “overweight” rating in a research report on Monday, January 5th. Keefe, Bruyette & Woods boosted their price objective on shares of The PNC Financial Services Group from $228.00 to $247.00 and gave the stock a “market perform” rating in a research note on Tuesday, January 20th. Morgan Stanley upped their price objective on shares of The PNC Financial Services Group from $211.00 to $221.00 and gave the stock an “underweight” rating in a report on Tuesday, January 20th. Finally, Oppenheimer raised their target price on shares of The PNC Financial Services Group from $268.00 to $284.00 and gave the company an “outperform” rating in a research note on Tuesday, January 20th. Fifteen analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $234.44.

Get Our Latest Stock Analysis on The PNC Financial Services Group

The PNC Financial Services Group Stock Performance

NYSE:PNC opened at $205.50 on Thursday. The firm has a market capitalization of $82.89 billion, a PE ratio of 12.39, a price-to-earnings-growth ratio of 0.86 and a beta of 0.98. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.90. The PNC Financial Services Group, Inc has a 12-month low of $145.12 and a 12-month high of $243.94. The firm has a 50-day moving average price of $221.88 and a 200 day moving average price of $205.29.

The PNC Financial Services Group (NYSE:PNCGet Free Report) last released its quarterly earnings data on Friday, January 16th. The financial services provider reported $4.88 earnings per share for the quarter, beating analysts’ consensus estimates of $4.23 by $0.65. The PNC Financial Services Group had a return on equity of 11.87% and a net margin of 20.40%.The company had revenue of $6.07 billion for the quarter, compared to the consensus estimate of $5.90 billion. During the same period in the previous year, the business earned $3.77 earnings per share. The company’s quarterly revenue was up 9.1% on a year-over-year basis. Research analysts anticipate that The PNC Financial Services Group, Inc will post 15.37 earnings per share for the current fiscal year.

The PNC Financial Services Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, February 5th. Investors of record on Tuesday, January 20th were given a dividend of $1.70 per share. This represents a $6.80 annualized dividend and a dividend yield of 3.3%. The ex-dividend date was Tuesday, January 20th. The PNC Financial Services Group’s dividend payout ratio (DPR) is 40.99%.

Key The PNC Financial Services Group News

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

  • Positive Sentiment: PNC reaffirmed a stable 2026 outlook, citing rising commercial & industrial (C&I) lending, expanding treasury/fee businesses and targeted regional and capital markets moves — this supports organic revenue and fee growth expectations. PNC Signals Stable 2026 Outlook
  • Positive Sentiment: PNC Capital Markets was added to the Investortools Dealer Network, improving electronic fixed‑income connectivity and potential trading revenue/flow from institutional clients. Integration can boost liquidity access and execution volumes for PNC’s trading desk. Investortools Dealer Network Expands Trading Capabilities with PNC Capital Markets
  • Positive Sentiment: A director purchased 20 shares at ~$200.38 (SEC filing), a small insider buy but a positive signal that may reassure investors on management’s view of valuation. SEC Form 4
  • Neutral Sentiment: PNC’s presentation at the RBC Global Financial Institutions Conference provides analysts and investors more detail on strategy and outlook — useful for modeling but not immediate earnings impact. RBC Conference Transcript
  • Neutral Sentiment: PNC-sponsored community/PR events (Taste of the Draft benefiting GENYOUth) are positive for brand and local presence but unlikely to move near-term earnings. Taste of the Draft PR
  • Negative Sentiment: Analyst/technical pieces note recent price weakness (discussing a “buy the bottom”/hammer pattern). While some see this as a buy signal, the coverage highlights that PNC has traded down recently — technical pressure and mean-reversion risk may be weighing on the stock today. Technical Analysis Article

Insider Buying and Selling

In other The PNC Financial Services Group news, EVP Richard Kevin Bynum sold 7,407 shares of the stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $230.98, for a total transaction of $1,710,868.86. Following the completion of the transaction, the executive vice president directly owned 1,942 shares in the company, valued at $448,563.16. This represents a 79.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Alexander E. C. Overstrom sold 2,500 shares of The PNC Financial Services Group stock in a transaction on Wednesday, February 18th. The shares were 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 of the company’s stock, valued at approximately $4,940,179.20. The trade was a 10.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 64,186 shares of company stock worth $14,840,973 in the last quarter. Corporate insiders own 0.41% of the company’s stock.

The PNC Financial Services Group Profile

(Free Report)

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.

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Institutional Ownership by Quarter for The PNC Financial Services Group (NYSE:PNC)

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