Pinnacle Financial Partners (NYSE:PNFP) Price Target Raised to $140.00

Pinnacle Financial Partners (NYSE:PNFP) had its price objective hoisted by Morgan Stanley from $139.00 to $140.00 in a research note released on Friday, MarketBeat.com reports. Morgan Stanley currently has an overweight rating on the stock.

PNFP has been the topic of a number of other reports. Wells Fargo & Company raised shares of Pinnacle Financial Partners from an “equal weight” rating to an “overweight” rating and set a $118.00 price target on the stock in a research report on Wednesday, September 30th. TD Cowen decreased their target price on shares of Pinnacle Financial Partners from $119.00 to $115.00 and set a “buy” rating on the stock in a research report on Monday, October 5th. JPMorgan Chase & Co. lowered their target price on shares of Pinnacle Financial Partners from $120.00 to $115.00 and set an “overweight” rating on the stock in a report on Thursday, October 1st. Citigroup raised their target price on shares of Pinnacle Financial Partners from $122.00 to $126.00 and gave the stock a “buy” rating in a report on Thursday, June 25th. Finally, Benchmark lifted their price target on shares of Pinnacle Financial Partners from $125.00 to $130.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. One equities research 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 company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $119.65.

Pinnacle Financial Partners Stock Performance

PNFP opened at $100.57 on Friday. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.85 and a quick ratio of 0.85. The business has a fifty day simple moving average of $97.81 and a 200 day simple moving average of $98.35. Pinnacle Financial Partners has a 1 year low of $81.08 and a 1 year high of $110.33. The company has a market capitalization of $7.80 billion, a PE ratio of 13.43, a price-to-earnings-growth ratio of 0.40 and a beta of 1.03.

Pinnacle Financial Partners (NYSE:PNFP) last posted its quarterly earnings data on Wednesday, October 21st. The company reported $2.69 earnings per share for the quarter, topping the consensus estimate of $2.62 by $0.07. The firm had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.28 billion. Pinnacle Financial Partners had a return on equity of 11.33% and a net margin of 15.97%. Research analysts expect that Pinnacle Financial Partners will post 10.22 EPS for the current year.

Insider Activity at Pinnacle Financial Partners

In other Pinnacle Financial Partners news, insider M. Turner sold 66,783 shares of the 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 sale, the insider directly owned 302,230 shares in the company, valued at $32,643,862.30. This represents a 18.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 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 cost of $98.61 per share, for a total transaction of $49,305.00. Following the completion of the acquisition, the director owned 4,959 shares in the company, valued at approximately $489,006.99. This trade represents a 11.21% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders sold a total of 177,228 shares of company stock valued at $19,153,713 over the last quarter. 1.30% of the stock is owned by corporate insiders.

Institutional Trading of Pinnacle Financial Partners

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

Pinnacle Financial Partners News Summary

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.