The PNC Financial Services Group, Inc. (NYSE:PNC) Shares Bought by LPL Financial LLC (2025)

LPL Financial LLC grew its position in The PNC Financial Services Group, Inc. (NYSE:PNC - Free Report) by 4.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 659,603 shares of the financial services provider's stock after purchasing an additional 30,706 shares during the period. LPL Financial LLC owned approximately 0.17% of The PNC Financial Services Group worth $127,204,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. KLP Kapitalforvaltning AS acquired a new stake in The PNC Financial Services Group in the 4th quarter valued at $32,736,000. Umpqua Bank raised its holdings in shares of The PNC Financial Services Group by 5.9% during the 4th quarter. Umpqua Bank now owns 11,768 shares of the financial services provider's stock valued at $2,303,000 after buying an additional 657 shares during the period. Sei Investments Co. lifted its position in The PNC Financial Services Group by 2.6% during the 4th quarter. Sei Investments Co. now owns 406,415 shares of the financial services provider's stock worth $78,378,000 after acquiring an additional 10,452 shares in the last quarter. Plancorp LLC boosted its holdings in The PNC Financial Services Group by 3.9% in the 4th quarter. Plancorp LLC now owns 2,423 shares of the financial services provider's stock worth $467,000 after acquiring an additional 92 shares during the period. Finally, Mizuho Securities USA LLC grew its position in The PNC Financial Services Group by 45.9% in the fourth quarter. Mizuho Securities USA LLC now owns 37,606 shares of the financial services provider's stock valued at $7,252,000 after acquiring an additional 11,831 shares in the last quarter. Hedge funds and other institutional investors own 83.53% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Stephens reaffirmed an "equal weight" rating and set a $200.00 price target on shares of The PNC Financial Services Group in a report on Friday, January 17th. Piper Sandler raised their target price on The PNC Financial Services Group from $200.00 to $220.00 and gave the company a "neutral" rating in a research note on Tuesday, December 3rd. Compass Point boosted their price target on The PNC Financial Services Group from $175.00 to $233.00 and gave the stock a "neutral" rating in a research note on Tuesday, December 10th. The Goldman Sachs Group lowered their price objective on The PNC Financial Services Group from $211.00 to $188.00 and set a "neutral" rating for the company in a research note on Wednesday, March 19th. Finally, Morgan Stanley upped their target price on The PNC Financial Services Group from $199.00 to $208.00 and gave the company an "underweight" rating in a research report on Friday, January 17th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $201.35.

Check Out Our Latest Research Report on PNC

Insider Transactions at The PNC Financial Services Group

In related news, CEO William S. Demchak sold 1,242 shares of the company's stock in a transaction dated Friday, March 21st. The shares were sold at an average price of $172.00, for a total value of $213,624.00. Following the completion of the sale, the chief executive officer now owns 566,057 shares of the company's stock, valued at $97,361,804. This represents a 0.22 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Over the last quarter, insiders sold 12,420 shares of company stock valued at $2,342,313. 0.42% of the stock is currently owned by corporate insiders.

The PNC Financial Services Group Stock Performance

Shares of PNC traded down $3.14 during midday trading on Friday, hitting $171.83. 1,947,376 shares of the stock traded hands, compared to its average volume of 1,875,113. The business's 50 day moving average price is $187.91 and its two-hundred day moving average price is $192.01. The firm has a market capitalization of $68.00 billion, a PE ratio of 12.50, a price-to-earnings-growth ratio of 1.55 and a beta of 1.13. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.81 and a current ratio of 0.81. The PNC Financial Services Group, Inc. has a 1-year low of $143.52 and a 1-year high of $216.26.

The PNC Financial Services Group (NYSE:PNC - Get Free Report) last posted its earnings results on Thursday, January 16th. The financial services provider reported $3.77 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.26 by $0.51. The PNC Financial Services Group had a net margin of 17.10% and a return on equity of 11.12%. The firm had revenue of $5.57 billion during the quarter, compared to analyst estimates of $5.51 billion. During the same period in the previous year, the business posted $3.16 EPS. The PNC Financial Services Group's revenue was up 3.8% on a year-over-year basis. Equities research analysts predict that The PNC Financial Services Group, Inc. will post 15.37 EPS for the current fiscal year.

The PNC Financial Services Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 5th. Shareholders of record on Wednesday, January 15th were given a dividend of $1.60 per share. The ex-dividend date of this dividend was Wednesday, January 15th. This represents a $6.40 dividend on an annualized basis and a yield of 3.72%. The PNC Financial Services Group's dividend payout ratio (DPR) is presently 46.55%.

About The PNC Financial Services Group

(Free Report)

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.

Featured Stories

• Five stocks we like better than The PNC Financial Services Group
• Where to Find Earnings Call Transcripts
• Why Dollar Tree’s Family Dollar Sale Could Spark a Comeback
• Using the MarketBeat Dividend Tax Calculator
• JPMorgan: The 'NVIDIA of Banking' Poised for More Gains?
• Value Investing: Is it a Good Strategy in 2022? Hint: Always
• Buy the Chewy Stock Reversal? Here’s Why Now Is the Time

Should You Invest $1,000 in The PNC Financial Services Group Right Now?

Before you consider The PNC Financial Services Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and The PNC Financial Services Group wasn't on the list.

While The PNC Financial Services Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here