The PNC Financial Services Group, Inc $PNC Shares Purchased by Sanctuary Advisors LLC

Sanctuary Advisors LLC increased its holdings in shares of The PNC Financial Services Group, Inc (NYSE:PNC) by 28.4% in the 1st quarter, HoldingsChannel reports. The firm owned 115,545 shares of the financial services provider’s stock after acquiring an additional 25,536 shares during the quarter. Sanctuary Advisors LLC’s holdings in The PNC Financial Services Group were worth $24,044,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Sigma Planning Corp lifted its position in The PNC Financial Services Group by 29.7% during the first quarter. Sigma Planning Corp now owns 2,041 shares of the financial services provider’s stock valued at $425,000 after purchasing an additional 467 shares during the period. 1ST Source Bank grew its position in The PNC Financial Services Group by 11.5% during the 1st quarter. 1ST Source Bank now owns 1,171 shares of the financial services provider’s stock worth $244,000 after purchasing an additional 121 shares during the period. Checchi Capital Advisers LLC raised its stake in shares of The PNC Financial Services Group by 10.4% during the 1st quarter. Checchi Capital Advisers LLC now owns 4,684 shares of the financial services provider’s stock valued at $975,000 after buying an additional 440 shares during the last quarter. Avantax Planning Partners Inc. raised its stake in shares of The PNC Financial Services Group by 5.2% during the 1st quarter. Avantax Planning Partners Inc. now owns 2,999 shares of the financial services provider’s stock valued at $624,000 after buying an additional 149 shares during the last quarter. Finally, Calamos Wealth Management LLC raised its stake in shares of The PNC Financial Services Group by 5.0% during the 1st quarter. Calamos Wealth Management LLC now owns 1,273 shares of the financial services provider’s stock valued at $265,000 after buying an additional 61 shares during the last quarter. 83.53% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Andrew T. Feldstein sold 45,000 shares of The PNC Financial Services Group stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $220.57, for a total value of $9,925,650.00. Following the sale, the director owned 10,749 shares of the company’s stock, valued at approximately $2,370,906.93. This trade represents a 80.72% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Stephanie Novosel sold 1,800 shares of the business’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $228.73, for a total transaction of $411,714.00. Following the completion of the sale, the executive vice president directly owned 3,107 shares of the company’s stock, valued at approximately $710,664.11. The trade was a 36.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 48,300 shares of company stock worth $10,694,574 in the last quarter. Corporate insiders own 0.38% of the company’s stock.

The PNC Financial Services Group Price Performance

Shares of The PNC Financial Services Group stock opened at $254.30 on Thursday. The firm has a market cap of $102.12 billion, a PE ratio of 14.78, a P/E/G ratio of 1.03 and a beta of 0.91. The PNC Financial Services Group, Inc has a twelve month low of $176.88 and a twelve month high of $256.22. The company has a quick ratio of 0.82, a current ratio of 0.83 and a debt-to-equity ratio of 1.05. The business has a 50-day moving average price of $231.73 and a 200 day moving average price of $222.96.

The PNC Financial Services Group (NYSE:PNC) last issued its quarterly earnings results on Wednesday, July 15th. The financial services provider reported $4.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.46 by $0.39. The PNC Financial Services Group had a return on equity of 12.10% and a net margin of 20.89%.The company had revenue of $6.66 billion for the quarter, compared to the consensus estimate of $6.51 billion. During the same quarter in the prior year, the business posted $3.85 earnings per share. The PNC Financial Services Group’s revenue for the quarter was up 21.4% on a year-over-year basis. Sell-side analysts predict that The PNC Financial Services Group, Inc will post 18.83 earnings per share for the current fiscal year.

The PNC Financial Services Group Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 5th. Stockholders of record on Monday, July 20th will be given a dividend of $2.00 per share. This is a positive change from The PNC Financial Services Group’s previous quarterly dividend of $1.70. The ex-dividend date is Monday, July 20th. This represents a $8.00 dividend on an annualized basis and a dividend yield of 3.1%. The PNC Financial Services Group’s payout ratio is 39.51%.

Key The PNC Financial Services Group News

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

• Positive Sentiment: PNC reported second-quarter EPS of $4.85 and revenue of $6.66 billion, both above analyst estimates, helped by stronger net interest income, fee income, and loan growth. PNC Reports Second Quarter 2026 Net Income of $2.1 Billion, $4.81 Diluted EPS or $4.85 as Adjusted
• Positive Sentiment: The bank delivered record quarterly revenue and record fee income, with capital markets activity providing a meaningful boost to results. PNC Financial posts record quarterly revenue on capital markets windfall, FirstBank buy
• Positive Sentiment: PNC raised its quarterly common stock dividend to $2.00 per share, signaling confidence in earnings power and balance-sheet strength. PNC Reports Second Quarter 2026 Net Income of $2.1 Billion, $4.81 Diluted EPS or $4.85 as Adjusted
• Positive Sentiment: Management guided to 2026 loan growth of about 12.5%, net interest income growth of 15%-15.5%, and a net interest margin above 3% by year-end, suggesting continued momentum. PNC forecasts 2026 loan growth of ~12.5% and net interest income up 15%-15.5% as it targets >3% net interest margin by year-end
• Neutral Sentiment: The earnings conference call and presentation should give investors more detail on integration costs, capital markets trends, and balance-sheet outlook, but they do not add a new major catalyst by themselves. Transcript: PNC Financial Services Gr Q2 2026 Earnings Conference Call
• Negative Sentiment: Some coverage noted shares had been under pressure despite the beat because expenses rose and deposits declined, which may temper enthusiasm around the results. PNC Financial Q2 Earnings Top on NII & Fee Income Growth, Stock Down

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Wells Fargo & Company upped their target price on The PNC Financial Services Group from $264.00 to $270.00 and gave the stock an “overweight” rating in a research note on Monday, July 6th. Morgan Stanley lifted their price target on The PNC Financial Services Group from $267.00 to $278.00 and gave the company an “equal weight” rating in a research report on Monday, June 29th. UBS Group boosted their price target on The PNC Financial Services Group from $263.00 to $288.00 and gave the company a “buy” rating in a report on Tuesday, July 7th. Citigroup upped their price objective on The PNC Financial Services Group from $255.00 to $280.00 and gave the stock a “buy” rating in a research report on Tuesday, June 30th. Finally, JPMorgan Chase & Co. raised their price objective on shares of The PNC Financial Services Group from $238.00 to $264.50 and gave the stock an “overweight” rating in a research note on Monday, July 6th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, The PNC Financial Services Group has a consensus rating of “Moderate Buy” and an average target price of $258.09.

The PNC Financial Services Group 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.