Key Points
- CEO William Demchak sold 50,000 shares on Feb. 20 at an average price of $230.88 for $11.544M, trimming his holding by ~8.3% to 554,274 shares valued at about $127.97M.
- PNC topped quarterly expectations, reporting $4.88 EPS vs. $4.23 expected and $6.07B in revenue (up 9.1% YoY), and it pays a $1.70 quarterly dividend (3.1% yield, 40.99% payout ratio).
- Analyst sentiment is broadly positive with a MarketBeat consensus of "Moderate Buy," an average price target of $234.44, and 15 Buys, 5 Holds and 1 Sell.
The PNC Financial Services Group, Inc (NYSE:PNC - Get Free Report) CEO William Demchak sold 50,000 shares of the company's stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $230.88, for a total transaction of $11,544,000.00. Following the sale, the chief executive officer directly owned 554,274 shares of the company's stock, valued at $127,970,781.12. The trade was a 8.27% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
The PNC Financial Services Group Stock Performance
PNC opened at $217.87 on Wednesday. The company's 50 day moving average is $221.75 and its 200 day moving average is $203.93. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.90. The company has a market cap of $87.88 billion, a price-to-earnings ratio of 13.13, a PEG ratio of 0.92 and a beta of 0.99. The PNC Financial Services Group, Inc has a 12-month low of $145.12 and a 12-month high of $243.94.
The PNC Financial Services Group (NYSE:PNC - Get Free Report) last announced 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 business had revenue of $6.07 billion during 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 firm's revenue was up 9.1% on a year-over-year basis. During the same period in the prior year, the company earned $3.77 earnings per share. On average, equities research analysts predict that The PNC Financial Services Group, Inc will post 15.37 EPS for the current year.
The PNC Financial Services Group Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, February 5th. Investors of record on Tuesday, January 20th were issued a $1.70 dividend. This represents a $6.80 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend was Tuesday, January 20th. The PNC Financial Services Group's dividend payout ratio (DPR) is currently 40.99%.
Analyst Ratings Changes
PNC has been the topic of several recent research reports. Truist Financial raised their price objective on The PNC Financial Services Group from $210.00 to $229.00 and gave the stock a "hold" rating in a research note on Thursday, December 18th. Oppenheimer boosted their price objective on The PNC Financial Services Group from $268.00 to $284.00 and gave the company an "outperform" rating in a research note on Tuesday, January 20th. Morgan Stanley raised their target price on shares of The PNC Financial Services Group from $211.00 to $221.00 and gave the stock an "underweight" rating in a research note on Tuesday, January 20th. Royal Bank Of Canada upped their price target on shares of The PNC Financial Services Group from $222.00 to $235.00 and gave the stock an "outperform" rating in a research report on Tuesday, January 20th. Finally, Keefe, Bruyette & Woods increased their price objective on shares of The PNC Financial Services Group from $228.00 to $247.00 and gave the stock a "market perform" rating in a research note on Tuesday, January 20th. Fifteen investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $234.44.
Check Out Our Latest Stock Report on The PNC Financial Services Group
Key The PNC Financial Services Group News
Here are the key news stories impacting The PNC Financial Services Group this week:
- Positive Sentiment: JPMorgan raised its price target on PNC to $251 and kept an Overweight rating, highlighting expected benefits from industry consolidation and higher rates — a bullish catalyst for valuation and investor expectations. PNC Financial (PNC) Seen Benefiting from Consolidation and Rate Tailwinds
- Positive Sentiment: Technicals: PNC recently crossed above its 20-day moving average, a short-term bullish signal that can attract momentum traders. The PNC Financial Services Group, Inc (PNC) Recently Broke Out Above the 20-Day Moving Average
- Neutral Sentiment: Investor outreach: PNC said an EVP (Head of Corporate & Institutional Banking) will speak at the RBC Capital Markets conference — a scheduled investor event that may provide incremental detail but is not an immediate earnings surprise. PNC Executive to Speak at RBC Capital Markets Conference
- Neutral Sentiment: Comparative coverage: A sector/comparison piece contrasts PNC versus peers (e.g., Stifel), useful for relative valuation context but not an immediate driver. The PNC Financial Services Group (NYSE:PNC) versus Stifel Financial (NYSE:SF) Critical Comparison
- Neutral Sentiment: Unrelated local real estate news (Thompson Thrift development) is unlikely to move PNC’s stock materially. Thompson Thrift's 100th Multifamily Community to be Developed in Atlanta Suburb
- Negative Sentiment: Insider selling: CEO William Demchak sold 50,000 shares (~8.3% reduction of this transaction) at about $230.88; large insider sales can spook investors and add near-term selling pressure. SEC Form 4 – William S. Demchak
- Negative Sentiment: Recent commentary and analysis explain a prior sharp pullback (article on why PNC fell ~5.3%), reflecting market sensitivity to rate moves, macro concerns, or bank-sector rotation — factors that can keep the stock under pressure. Why The PNC Financial Services Group, Inc.’s (PNC) Stock Is Down 5.34%
Institutional Trading of The PNC Financial Services Group
Institutional investors and hedge funds have recently bought and sold shares of the stock. SG Trading Solutions LLC purchased a new stake in The PNC Financial Services Group in the 4th quarter worth $363,000. Monetary Solutions Ltd bought a new stake in shares of The PNC Financial Services Group in the fourth quarter worth about $25,000. MV Capital Management Inc. bought a new stake in shares of The PNC Financial Services Group in the fourth quarter worth about $75,000. Cambient Family Office LLC purchased a new stake in shares of The PNC Financial Services Group in the fourth quarter worth about $544,000. Finally, Wick Capital Partners LLC bought a new position in The PNC Financial Services Group during the fourth quarter valued at approximately $1,050,000. 83.53% of the stock is currently owned by institutional investors.
The PNC Financial Services Group Company Profile
(
Get Free Report)
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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