The PNC Financial Services Group, Inc $PNC Shares Sold by Windsor Capital Management LLC

Windsor Capital Management LLC reduced its position in The PNC Financial Services Group, Inc (NYSE:PNC) by 2.7% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 4,555 shares of the financial services provider’s stock after selling 125 shares during the quarter. Windsor Capital Management LLC’s holdings in The PNC Financial Services Group were worth $849,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Ignite Planners LLC increased its stake in The PNC Financial Services Group by 8.4% in the 1st quarter. Ignite Planners LLC now owns 1,628 shares of the financial services provider’s stock valued at $262,000 after buying an additional 126 shares during the period. Exane Asset Management increased its stake in The PNC Financial Services Group by 32.9% in the 1st quarter. Exane Asset Management now owns 149,783 shares of the financial services provider’s stock valued at $28,434,000 after buying an additional 37,110 shares during the period. Smith Salley Wealth Management increased its stake in The PNC Financial Services Group by 15.6% in the 1st quarter. Smith Salley Wealth Management now owns 72,844 shares of the financial services provider’s stock valued at $12,804,000 after buying an additional 9,836 shares during the period. United Community Bank boosted its position in shares of The PNC Financial Services Group by 687.0% during the 1st quarter. United Community Bank now owns 12,325 shares of the financial services provider’s stock worth $2,166,000 after purchasing an additional 10,759 shares in the last quarter. Finally, Kingswood Wealth Advisors LLC boosted its position in shares of The PNC Financial Services Group by 4.5% during the 1st quarter. Kingswood Wealth Advisors LLC now owns 2,802 shares of the financial services provider’s stock worth $493,000 after purchasing an additional 120 shares in the last quarter. 83.53% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

PNC has been the topic of several research analyst reports. Bank of America boosted their target price on shares of The PNC Financial Services Group from $223.00 to $226.00 and gave the stock a “buy” rating in a research report on Thursday, July 17th. Keefe, Bruyette & Woods upgraded shares of The PNC Financial Services Group from an “underperform” rating to a “market perform” rating and boosted their target price for the stock from $185.00 to $212.00 in a research report on Wednesday, July 9th. Citigroup boosted their target price on shares of The PNC Financial Services Group from $205.00 to $217.00 and gave the stock a “buy” rating in a research report on Thursday, July 17th. Truist Financial boosted their target price on shares of The PNC Financial Services Group from $189.00 to $198.00 and gave the stock a “hold” rating in a research report on Wednesday, July 9th. Finally, Stephens restated an “equal weight” rating and set a $200.00 target price on shares of The PNC Financial Services Group in a research report on Wednesday, September 10th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, The PNC Financial Services Group has a consensus rating of “Moderate Buy” and an average price target of $213.94.

The PNC Financial Services Group Price Performance

NYSE:PNC opened at $205.53 on Friday. The firm has a market cap of $80.94 billion, a price-to-earnings ratio of 14.06, a price-to-earnings-growth ratio of 1.52 and a beta of 1.11. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 0.99. The company’s 50-day moving average is $197.54 and its two-hundred day moving average is $181.09. The PNC Financial Services Group, Inc has a 12-month low of $145.12 and a 12-month high of $216.26.

The PNC Financial Services Group (NYSE:PNC) last released its earnings results on Wednesday, July 16th. The financial services provider reported $3.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.56 by $0.29. The company had revenue of $3.01 billion for the quarter, compared to analyst estimates of $5.61 billion. The PNC Financial Services Group had a net margin of 18.33% and a return on equity of 11.07%. The firm’s quarterly revenue was up 4.6% on a year-over-year basis. During the same period in the prior year, the firm earned $3.39 EPS. The PNC Financial Services Group has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Research analysts expect that The PNC Financial Services Group, Inc will post 15.37 EPS for the current year.

The PNC Financial Services Group Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, August 5th. Stockholders of record on Tuesday, July 15th were issued a dividend of $1.70 per share. This represents a $6.80 annualized dividend and a dividend yield of 3.3%. The ex-dividend date was Tuesday, July 15th. This is an increase from The PNC Financial Services Group’s previous quarterly dividend of $1.60. The PNC Financial Services Group’s payout ratio is currently 46.51%.

About The PNC Financial Services Group

The PNC Financial Services Group, Inc operates as a diversified financial services company in the United States. It operates through three segments: Retail Banking, Corporate & Institutional Banking, and Asset Management Group segments. The company's Retail Banking segment offers checking, savings, and money market accounts, as well as time deposit; residential mortgages, home equity loans and lines of credit, auto loans, credit cards, education loans, and personal and small business loans and lines of credit; and brokerage, insurance, and investment and cash management services.