Pinnacle Financial Partners (NYSE:PNFP) Price Target Raised to $118.00

Pinnacle Financial Partners (NYSE:PNFP) had its price target boosted by TD Cowen from $115.00 to $118.00 in a research report report published on Friday,Benzinga reports. They currently have a buy rating on the stock.

Several other analysts also recently issued reports on PNFP. Weiss Ratings upgraded Pinnacle Financial Partners from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, October 8th. Hovde Group initiated coverage on Pinnacle Financial Partners in a research report on Wednesday, September 16th. They issued an “outperform” rating and a $125.00 price objective on the stock. Wells Fargo & Company upgraded Pinnacle Financial Partners from an “equal weight” rating to an “overweight” rating and set a $118.00 price objective on the stock in a research note on Wednesday, September 30th. DA Davidson upped their target price on Pinnacle Financial Partners from $109.00 to $112.00 and gave the stock a “neutral” rating in a research report on Friday, July 24th. Finally, Truist Financial lowered their target price on Pinnacle Financial Partners from $118.00 to $112.00 and set a “buy” rating for the company in a research note on Friday, October 9th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $119.65.

Pinnacle Financial Partners Trading Up 0.2%

Shares of PNFP stock opened at $100.57 on Friday. Pinnacle Financial Partners has a fifty-two week low of $81.08 and a fifty-two week high of $110.33. The stock has a market cap of $7.80 billion, a P/E ratio of 13.43, a P/E/G ratio of 0.40 and a beta of 1.03. The business has a fifty day simple moving average of $97.81 and a 200-day simple moving average of $98.35. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.73.

Pinnacle Financial Partners (NYSE:PNFP) last released its quarterly earnings results on Wednesday, October 21st. The company reported $2.69 EPS for the quarter, beating the consensus estimate of $2.62 by $0.07. The business had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.28 billion. Pinnacle Financial Partners had a net margin of 15.97% and a return on equity of 11.33%. On average, analysts forecast that Pinnacle Financial Partners will post 10.22 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Pinnacle Financial Partners news, insider M. Turner sold 66,783 shares of the company’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $108.01, for a total transaction of $7,213,231.83. Following the completion of the sale, the insider directly owned 302,230 shares of the company’s stock, valued at approximately $32,643,862.30. This represents a 18.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Gregory G. Montana bought 500 shares of the firm’s stock in a transaction on Thursday, September 10th. The stock was purchased at an average price of $98.61 per share, with a total value of $49,305.00. Following the completion of the acquisition, the director owned 4,959 shares of the company’s stock, valued at approximately $489,006.99. This trade represents a 11.21% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last quarter, insiders have sold 177,228 shares of company stock valued at $19,153,713. 1.30% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Pinnacle Financial Partners

Large investors have recently made changes to their positions in the company. BlackRock Inc. purchased a new position in Pinnacle Financial Partners during the 2nd quarter worth approximately $1,704,708,000. Wellington Management Group LLP lifted its holdings in shares of Pinnacle Financial Partners by 22.1% in the second quarter. Wellington Management Group LLP now owns 11,141,397 shares of the company’s stock valued at $1,123,944,000 after purchasing an additional 2,016,827 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Pinnacle Financial Partners by 80.4% in the first quarter. Dimensional Fund Advisors LP now owns 5,035,295 shares of the company’s stock valued at $433,712,000 after purchasing an additional 2,244,659 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Pinnacle Financial Partners by 85.6% in the first quarter. Bank of New York Mellon Corp now owns 1,389,822 shares of the company’s stock valued at $119,719,000 after purchasing an additional 640,967 shares in the last quarter. Finally, The Manufacturers Life Insurance Company boosted its position in shares of Pinnacle Financial Partners by 134.1% in the first quarter. The Manufacturers Life Insurance Company now owns 1,195,103 shares of the company’s stock worth $102,946,000 after buying an additional 684,544 shares during the period. Institutional investors and hedge funds own 87.40% of the company’s stock.

Trending Headlines about Pinnacle Financial Partners

Here are the key news stories impacting Pinnacle Financial Partners this week:

• Positive Sentiment: Analysts raised price targets and ratings. JPMorgan increased its target from $115 to $125 and maintained an “overweight” rating. TD Cowen raised its target to $118 and upgraded the stock to “buy,” while Robert W. Baird lifted its target to $120 and maintained an “outperform” rating. Morgan Stanley also raised its target to $140 and kept an “overweight” rating. The revisions imply substantial upside and reinforce confidence in PNFP’s earnings outlook. JPMorgan analyst information
• Positive Sentiment: Third-quarter earnings exceeded expectations. PNFP reported adjusted earnings of $2.69 per share, up from $2.27 a year earlier and above the roughly $2.61–$2.62 consensus estimate. Revenue reached approximately $1.31–$1.32 billion, also exceeding the $1.28 billion forecast. The earnings and revenue beats suggest continued operating momentum. Third-quarter earnings results
• Positive Sentiment: PNFP added 96 revenue-producing team members during the third quarter, extending its recruiting momentum across the Southeast. The experienced hires could support future loan growth, fee income, and market expansion. Pinnacle adds 96 revenue-producing team members
• Neutral Sentiment: PNFP updated its fiscal 2026 earnings guidance, but the available announcement does not provide the revised figures, limiting the immediate investor takeaway.
• Neutral Sentiment: The company announced management changes and added an asset-management team in Naples. These moves may support growth, although their financial impact is not yet quantified. New asset management team in Naples

About Pinnacle Financial Partners

Pinnacle Financial Partners, Inc is a bank holding company headquartered in Nashville, Tennessee. Through its primary subsidiary, Pinnacle Bank, the company provides banking and financial services to businesses, professionals, entrepreneurs and individuals.

Its offerings include commercial and consumer loans, deposit accounts, treasury and cash-management services, mortgage lending, investment and wealth-management services, trust services and insurance solutions. Pinnacle emphasizes relationship-based banking and serves clients through offices and financial professionals in Tennessee and selected markets in the Carolinas and Virginia.

Founded in 2000, Pinnacle has expanded from its Nashville base into a broader regional banking franchise through organic growth and acquisitions.