The PNC Financial Services Group, Inc. (NYSE:PNC – Free Report) – Analysts at Zacks Research lifted their Q1 2025 earnings per share (EPS) estimates for The PNC Financial Services Group in a research report issued to clients and investors on Tuesday, February 6th. Zacks Research analyst R. Department now forecasts that the financial services provider will post earnings of $3.15 per share for the quarter, up from their previous forecast of $3.05. The consensus estimate for The PNC Financial Services Group’s current full-year earnings is $12.29 per share.
A number of other research firms have also recently weighed in on PNC. The Goldman Sachs Group raised their price objective on The PNC Financial Services Group from $128.00 to $147.00 and gave the stock a “neutral” rating in a research report on Tuesday, December 19th. Piper Sandler boosted their price target on The PNC Financial Services Group from $125.00 to $143.00 and gave the stock a “neutral” rating in a research note on Friday, December 8th. Morgan Stanley increased their price objective on shares of The PNC Financial Services Group from $142.00 to $158.00 and gave the company an “underweight” rating in a research report on Tuesday, January 30th. Odeon Capital Group upgraded shares of The PNC Financial Services Group from a “hold” rating to a “buy” rating and set a $153.38 target price for the company in a research note on Thursday, December 14th. Finally, UBS Group upped their price target on shares of The PNC Financial Services Group from $160.00 to $163.00 and gave the company a “neutral” rating in a research note on Thursday, January 18th. Four investment analysts have rated the stock with a sell rating, five have assigned a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, The PNC Financial Services Group has a consensus rating of “Hold” and an average price target of $146.59.
Get Our Latest Stock Report on The PNC Financial Services Group
The PNC Financial Services Group Price Performance
NYSE PNC opened at $147.93 on Friday. The firm’s fifty day simple moving average is $149.69 and its two-hundred day simple moving average is $132.44. The firm has a market capitalization of $58.93 billion, a P/E ratio of 11.57, a P/E/G ratio of 1.72 and a beta of 1.19. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 1.42. The PNC Financial Services Group has a 12-month low of $109.40 and a 12-month high of $162.70.
The PNC Financial Services Group (NYSE:PNC – Get Free Report) last issued its quarterly earnings data on Tuesday, January 16th. The financial services provider reported $3.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.12 by $1.04. The PNC Financial Services Group had a net margin of 17.50% and a return on equity of 12.27%. The firm had revenue of $5.36 billion for the quarter, compared to the consensus estimate of $5.30 billion. During the same quarter in the previous year, the firm earned $3.49 EPS. The company’s quarterly revenue was down 7.0% compared to the same quarter last year.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the business. Capital International Investors raised its holdings in shares of The PNC Financial Services Group by 615.1% during the second quarter. Capital International Investors now owns 8,623,735 shares of the financial services provider’s stock valued at $1,086,142,000 after acquiring an additional 7,417,830 shares during the last quarter. Norges Bank acquired a new position in The PNC Financial Services Group in the 4th quarter valued at $735,469,000. Moneta Group Investment Advisors LLC lifted its holdings in The PNC Financial Services Group by 122,771.6% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 2,540,984 shares of the financial services provider’s stock valued at $401,323,000 after purchasing an additional 2,538,916 shares in the last quarter. Morgan Stanley boosted its stake in The PNC Financial Services Group by 28.7% during the 4th quarter. Morgan Stanley now owns 4,685,960 shares of the financial services provider’s stock worth $740,101,000 after purchasing an additional 1,045,055 shares during the last quarter. Finally, Bank of Montreal Can purchased a new stake in shares of The PNC Financial Services Group during the second quarter worth $118,900,000. Hedge funds and other institutional investors own 80.14% of the company’s stock.
Insider Transactions at The PNC Financial Services Group
In other The PNC Financial Services Group news, EVP Guild Deborah sold 1,533 shares of the company’s stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $132.51, for a total value of $203,137.83. Following the completion of the transaction, the executive vice president now owns 17,092 shares in the company, valued at $2,264,860.92. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 0.39% of the company’s stock.
The PNC Financial Services Group Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, February 5th. Shareholders of record on Tuesday, January 16th were given a $1.55 dividend. The ex-dividend date of this dividend was Friday, January 12th. This represents a $6.20 annualized dividend and a yield of 4.19%. The PNC Financial Services Group’s dividend payout ratio is presently 48.48%.
The PNC Financial Services Group Company Profile
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 certificates of 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.
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