Whittier Trust Co. grew its holdings in The PNC Financial Services Group, Inc (NYSE:PNC – Free Report) by 3.6% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 228,716 shares of the financial services provider’s stock after purchasing an additional 8,033 shares during the quarter. Whittier Trust Co.’s holdings in The PNC Financial Services Group were worth $45,391,000 as of its most recent filing with the SEC.
Several other hedge funds have also recently added to or reduced their stakes in the business. BLB&B Advisors LLC increased its position in The PNC Financial Services Group by 0.4% in the 3rd quarter. BLB&B Advisors LLC now owns 21,964 shares of the financial services provider’s stock worth $4,413,000 after buying an additional 77 shares during the period. Sagespring Wealth Partners LLC grew its stake in shares of The PNC Financial Services Group by 6.7% in the third quarter. Sagespring Wealth Partners LLC now owns 7,358 shares of the financial services provider’s stock worth $1,478,000 after acquiring an additional 461 shares during the last quarter. Seelaus Asset Management LLC bought a new position in The PNC Financial Services Group during the third quarter worth $252,000. Virtue Capital Management LLC acquired a new position in The PNC Financial Services Group during the 3rd quarter valued at $208,000. Finally, PFG Investments LLC boosted its holdings in The PNC Financial Services Group by 3.9% in the 3rd quarter. PFG Investments LLC now owns 4,666 shares of the financial services provider’s stock valued at $938,000 after purchasing an additional 174 shares during the period. Institutional investors own 83.53% of the company’s stock.
Key Stories Impacting The PNC Financial Services Group
Here are the key news stories impacting The PNC Financial Services Group this week:
- Positive Sentiment: Keefe, Bruyette & Woods raised its price target on PNC to $247 after management issued a bullish 2026 outlook, signaling confidence in earnings momentum. Keefe Bruyette Lifts PNC Financial PT to $247
- Positive Sentiment: Wells Fargo boosted its PNC price target to $264, reflecting expectations for stronger share-price appreciation. Wells Fargo Boosts The PNC Financial Services Group Price Target to $264.00
- Positive Sentiment: Royal Bank of Canada raised its target on PNC to $235, joining other brokers in lifting forward views on the stock. Royal Bank Of Canada Boosts The PNC Financial Services Group Price Target to $235.00
- Positive Sentiment: Multiple brokers (Morgan Stanley and TD Cowen) published notes forecasting strong price appreciation for PNC, adding to bullish analyst momentum. Morgan Stanley Forecasts Strong Price Appreciation for PNC TD Cowen Forecasts Strong Price Appreciation for PNC
- Positive Sentiment: Oppenheimer and other brokerage notes reiterated expectations for upside, reinforcing the analyst-driven support behind the stock. Oppenheimer Forecasts Strong Price Appreciation for PNC Keefe, Bruyette & Woods Forecasts Strong Price Appreciation for PNC
- Positive Sentiment: PNC launched digital self-directed brokerage account opening within PNC Wealth Management, a product step that could expand retail/investment flows over time. PNC Wealth Management Simplifies Investing With New Online Brokerage Account Opening
- Neutral Sentiment: MSN published a summary of the five most insightful analyst questions from PNC’s Q4 earnings call — useful context on management’s guidance and investor priorities but not new company action. 5 insightful analyst questions from PNC’s Q4 earnings call
- Neutral Sentiment: A Zacks comparison piece weighs PNC against Tradeweb (TW) on valuation, offering a relative-value view for investors deciding between financial/investment-bank exposure. PNC vs. TW: Which Stock Is the Better Value Option?
- Negative Sentiment: Market reaction today is negative — shares are trading lower — which may reflect short-term profit-taking after recent gains and the flurry of analyst attention rather than fresh company weak signals.
Insider Buying and Selling
Analysts Set New Price Targets
Several research firms have issued reports on PNC. Evercore ISI raised their price target on shares of The PNC Financial Services Group from $220.00 to $230.00 and gave the stock an “outperform” rating in a research report on Tuesday, September 30th. Oppenheimer lifted their target price on The PNC Financial Services Group from $268.00 to $284.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 20th. Cfra Research raised The PNC Financial Services Group to a “moderate buy” rating in a report on Thursday, October 16th. Morgan Stanley lifted their price objective on 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, Keefe, Bruyette & Woods upped their target price on The PNC Financial Services Group from $228.00 to $247.00 and gave the company a “market perform” rating in a research note on Tuesday, January 20th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $231.00.
Check Out Our Latest Stock Analysis on PNC
The PNC Financial Services Group Trading Down 1.2%
Shares of PNC opened at $219.40 on Friday. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.94. The stock has a market cap of $86.04 billion, a PE ratio of 13.23, a PEG ratio of 0.92 and a beta of 0.99. The PNC Financial Services Group, Inc has a 1 year low of $145.12 and a 1 year high of $227.78. The stock has a 50 day simple moving average of $206.41 and a 200-day simple moving average of $198.21.
The PNC Financial Services Group (NYSE:PNC – Get Free Report) last announced its quarterly earnings results 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 firm had revenue of $6.07 billion for the quarter, compared to analysts’ expectations of $5.90 billion. The PNC Financial Services Group had a return on equity of 11.87% and a net margin of 20.40%.The business’s revenue was up 9.1% compared to the same quarter last year. During the same period in the prior year, the business posted $3.77 earnings per share. On average, sell-side analysts predict that The PNC Financial Services Group, Inc will post 15.37 EPS for the current fiscal year.
The PNC Financial Services Group Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, February 5th. Investors of record on Tuesday, January 20th will be issued a dividend of $1.70 per share. This represents a $6.80 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend is Tuesday, January 20th. The PNC Financial Services Group’s dividend payout ratio (DPR) is currently 40.99%.
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.
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