54,439 Shares in The PNC Financial Services Group, Inc $PNC Acquired by Rakuten Investment Management Inc.

Rakuten Investment Management Inc. acquired a new stake in The PNC Financial Services Group, Inc (NYSE:PNC) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 54,439 shares of the financial services provider’s stock, valued at approximately $10,938,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Avior Wealth Management LLC raised its position in shares of The PNC Financial Services Group by 4.5% in the second quarter. Avior Wealth Management LLC now owns 1,213 shares of the financial services provider’s stock valued at $226,000 after buying an additional 52 shares during the last quarter. Kennebec Savings Bank boosted its position in The PNC Financial Services Group by 1.6% during the third quarter. Kennebec Savings Bank now owns 3,424 shares of the financial services provider’s stock worth $688,000 after acquiring an additional 54 shares during the last quarter. Almanack Investment Partners LLC. grew its stake in The PNC Financial Services Group by 2.3% during the 2nd quarter. Almanack Investment Partners LLC. now owns 2,433 shares of the financial services provider’s stock valued at $454,000 after acquiring an additional 55 shares in the last quarter. Winthrop Capital Management LLC raised its holdings in The PNC Financial Services Group by 2.1% in the 2nd quarter. Winthrop Capital Management LLC now owns 2,619 shares of the financial services provider’s stock valued at $488,000 after acquiring an additional 55 shares during the last quarter. Finally, SCS Capital Management LLC lifted its stake in The PNC Financial Services Group by 0.6% in the 2nd quarter. SCS Capital Management LLC now owns 8,527 shares of the financial services provider’s stock worth $1,590,000 after purchasing an additional 55 shares in the last quarter. Institutional investors and hedge funds own 83.53% of the company’s stock.

The PNC Financial Services Group Stock Performance

Shares of The PNC Financial Services Group stock opened at $225.51 on Thursday. The firm has a market cap of $88.44 billion, a PE ratio of 13.59, a price-to-earnings-growth ratio of 0.93 and a beta of 0.99. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.94. The PNC Financial Services Group, Inc has a 52 week low of $145.12 and a 52 week high of $227.78. The business’s fifty day simple moving average is $204.94 and its 200-day simple moving average is $197.88.

The PNC Financial Services Group (NYSE:PNC) last posted its earnings results on Friday, January 16th. The financial services provider reported $4.88 EPS for the quarter, beating analysts’ consensus estimates of $4.23 by $0.65. The company had revenue of $6.07 billion for the quarter, compared to analysts’ expectations of $5.90 billion. The PNC Financial Services Group had a net margin of 20.40% and a return on equity of 11.87%. The PNC Financial Services Group’s revenue for the quarter was up 9.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $3.77 earnings per share. Equities analysts forecast that The PNC Financial Services Group, Inc will post 15.37 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, February 5th. Investors of record on Tuesday, January 20th will be given a dividend of $1.70 per share. The ex-dividend date of this dividend is Tuesday, January 20th. This represents a $6.80 dividend on an annualized basis and a dividend yield of 3.0%. The PNC Financial Services Group’s dividend payout ratio (DPR) is presently 40.99%.

Analysts Set New Price Targets

Several brokerages have recently weighed in on PNC. UBS Group boosted their target price on The PNC Financial Services Group from $224.00 to $229.00 and gave the stock a “buy” rating in a report on Tuesday, October 7th. Morgan Stanley boosted their price objective on The PNC Financial Services Group from $211.00 to $221.00 and gave the stock an “underweight” rating in a research note on Tuesday. Piper Sandler upgraded The PNC Financial Services Group from a “neutral” rating to an “overweight” rating and upped their target price for the company from $211.00 to $220.00 in a report on Thursday, October 9th. Evercore ISI lifted their price target on The PNC Financial Services Group from $220.00 to $230.00 and gave the stock an “outperform” rating in a report on Tuesday, September 30th. Finally, Royal Bank Of Canada upped their price objective on shares of The PNC Financial Services Group from $222.00 to $235.00 and gave the company an “outperform” rating in a report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $231.00.

Key Stories Impacting The PNC Financial Services Group

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

• Positive Sentiment: Analysts broadly raised earnings and outlooks after PNC’s stronger-than-expected Q4 results, reinforcing bullish sentiment and prompting revised models. PNC Financial Analysts Raise Their Forecasts After Upbeat Q4 Earnings
• Positive Sentiment: Oppenheimer raised its price target to $284 and kept an “outperform” rating — the largest implied upside among the updates, signaling strong buy-side conviction. Article Title
• Positive Sentiment: TD Cowen boosted its target to $260 and moved to a “buy” rating, highlighting roughly mid-teens upside versus the current level. Article Title
• Positive Sentiment: Wells Fargo raised its PT to $264 with an “overweight” call, another sizable upside estimate supporting the rally. Article Title
• Positive Sentiment: Royal Bank of Canada bumped its target to $235 and kept an “outperform” stance, adding modest incremental upside. Article Title
• Neutral Sentiment: Keefe, Bruyette & Woods raised its target to $247 but maintained a “market perform” rating — a target lift that’s supportive but not a clear bullish endorsement. Article Title
• Negative Sentiment: Morgan Stanley raised its price target to $221 but kept an “underweight” rating, implying limited downside from current levels and providing a cautionary counterpoint for more risk-averse investors. Article Title

Insider Activity at The PNC Financial Services Group

In other The PNC Financial Services Group news, EVP Michael Duane Thomas sold 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $183.57, for a total value of $183,570.00. Following the sale, the executive vice president owned 5,802 shares of the company’s stock, valued at $1,065,073.14. The trade was a 14.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Guild Deborah sold 1,080 shares of the company’s stock in a transaction on Friday, October 24th. The stock was sold at an average price of $186.97, for a total value of $201,927.60. Following the transaction, the executive vice president owned 27,335 shares in the company, valued at $5,110,824.95. This trade represents a 3.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.41% of the stock is currently owned by company insiders.

The PNC Financial Services Group Company 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.