The PNC Financial Services Group, Inc (NYSE:PNC) Stock Has Consensus Price Target of $270.11

Shares of The PNC Financial Services Group, Inc (NYSE:PNC) have received a consensus recommendation of “Moderate Buy” from the twenty-one analysts that are covering the company, MarketBeat reports. Six research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $267.20.

PNC has been the subject of a number of research reports. Argus boosted their target price on shares of The PNC Financial Services Group from $250.00 to $280.00 and gave the stock a “buy” rating in a research note on Thursday, July 16th. Citigroup boosted their target price on shares of The PNC Financial Services Group from $280.00 to $290.00 and gave the stock a “buy” rating in a research note on Monday, July 20th. Royal Bank Of Canada cut their price objective on shares of The PNC Financial Services Group from $273.00 to $250.00 and set an “outperform” rating for the company in a research report on Friday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of The PNC Financial Services Group in a research note on Tuesday. Finally, UBS Group decreased their price objective on shares of The PNC Financial Services Group from $288.00 to $286.00 and set a “buy” rating for the company in a research note on Monday, October 5th.

Insider Buying and Selling at The PNC Financial Services Group

In other news, EVP Stacy Juchno sold 3,354 shares of The PNC Financial Services Group stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $255.84, for a total transaction of $858,087.36. Following the transaction, the executive vice president owned 18,800 shares in the company, valued at approximately $4,809,792. The trade was a 15.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.38% of the stock is currently owned by company insiders.

Institutional Trading of The PNC Financial Services Group

Hedge funds have recently bought and sold shares of the stock. V Square Quantitative Management LLC lifted its position in shares of The PNC Financial Services Group by 4.8% during the 3rd quarter. V Square Quantitative Management LLC now owns 9,994 shares of the financial services provider’s stock worth $2,221,000 after buying an additional 459 shares during the period. YANKCOM Partnership lifted its stake in The PNC Financial Services Group by 4.1% in the 3rd quarter. YANKCOM Partnership now owns 3,091 shares of the financial services provider’s stock valued at $687,000 after acquiring an additional 121 shares in the last quarter. Bangor Savings Bank raised its stake in shares of The PNC Financial Services Group by 1.2% during the 3rd quarter. Bangor Savings Bank now owns 4,436 shares of the financial services provider’s stock worth $986,000 after purchasing an additional 52 shares in the last quarter. Moody National Bank Trust Division boosted its holdings in The PNC Financial Services Group by 2.5% in the 3rd quarter. Moody National Bank Trust Division now owns 7,448 shares of the financial services provider’s stock valued at $1,655,000 after purchasing an additional 184 shares during the period. Finally, QRG Capital Management Inc. raised its stake in The PNC Financial Services Group by 56.8% in the second quarter. QRG Capital Management Inc. now owns 81,704 shares of the financial services provider’s stock valued at $20,117,000 after purchasing an additional 29,597 shares in the last quarter. 83.53% of the stock is owned by institutional investors.

The PNC Financial Services Group News Summary

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.

The PNC Financial Services Group Stock Up 1.1%

NYSE PNC opened at $217.21 on Monday. The PNC Financial Services Group has a 52 week low of $176.88 and a 52 week high of $258.96. The company has a fifty day moving average of $235.33 and a two-hundred day moving average of $233.06. The firm has a market capitalization of $86.65 billion, a price-to-earnings ratio of 11.23, a PEG ratio of 1.12 and a beta of 0.94. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 1.23.

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

The PNC Financial Services Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, November 5th. Investors of record on Wednesday, October 14th will be paid 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 44.03%.

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 banking and financial services businesses, PNC serves consumers, small and mid-sized businesses, corporations, government entities and institutional clients across the United States.

PNC’s principal activities include retail banking, corporate and institutional banking, and asset management. Its products and services include deposit accounts, consumer and business lending, mortgages, credit cards, treasury management, investment banking, commercial finance, wealth management and investment advisory services.