Investment Analysts’ Weekly Ratings Changes for The PNC Financial Services Group (PNC)

The PNC Financial Services Group (NYSE: PNC) recently received a number of ratings updates from brokerages and research firms:

• 4/7/2025 – The PNC Financial Services Group had its price target lowered by analysts at Morgan Stanley from $188.00 to $179.00. They now have an “underweight” rating on the stock.
• 4/4/2025 – The PNC Financial Services Group had its price target lowered by analysts at Truist Financial Co. from $216.00 to $208.00. They now have a “hold” rating on the stock.
• 4/3/2025 – The PNC Financial Services Group had its price target lowered by analysts at JPMorgan Chase & Co. from $212.50 to $189.00. They now have an “overweight” rating on the stock.
• 3/31/2025 – The PNC Financial Services Group was upgraded by analysts at Hsbc Global Res from a “hold” rating to a “strong-buy” rating.
• 3/31/2025 – The PNC Financial Services Group was upgraded by analysts at HSBC Holdings plc from a “hold” rating to a “buy” rating. They now have a $202.00 price target on the stock, down previously from $206.00.
• 3/28/2025 – The PNC Financial Services Group had its price target lowered by analysts at Wells Fargo & Company from $235.00 to $230.00. They now have an “overweight” rating on the stock.
• 3/24/2025 – The PNC Financial Services Group had its price target lowered by analysts at Citigroup Inc. from $235.00 to $200.00. They now have a “buy” rating on the stock.
• 3/19/2025 – The PNC Financial Services Group had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $211.00 to $188.00. They now have a “neutral” rating on the stock.

The PNC Financial Services Group Stock Up 2.6 %

Shares of PNC stock traded up $3.97 during trading hours on Monday, hitting $155.96. 2,349,007 shares of the company were exchanged, compared to its average volume of 1,976,393. The stock has a market capitalization of $61.72 billion, a price-to-earnings ratio of 11.34, a P/E/G ratio of 1.55 and a beta of 1.04. The business’s 50-day simple moving average is $178.30 and its two-hundred day simple moving average is $190.22. 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 one year low of $143.52 and a one year high of $216.26.

The PNC Financial Services Group (NYSE:PNC) last released its earnings results on Thursday, January 16th. The financial services provider reported $3.77 earnings per share for the quarter, beating the consensus estimate 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 quarter in the previous year, the firm earned $3.16 earnings per share. The firm’s revenue for the quarter was up 3.8% compared to the same quarter last year. Sell-side analysts predict that The PNC Financial Services Group, Inc. will post 15.37 EPS for the current fiscal year.

The PNC Financial Services Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, May 5th. Stockholders of record on Wednesday, April 16th will be issued a dividend of $1.60 per share. This represents a $6.40 annualized dividend and a dividend yield of 4.10%. The ex-dividend date of this dividend is Wednesday, April 16th. The PNC Financial Services Group’s dividend payout ratio (DPR) is presently 46.55%.

Insider Transactions at The PNC Financial Services Group

In other news, CEO William S. Demchak sold 1,242 shares of the company’s stock in a transaction dated Friday, January 24th. The shares were sold at an average price of $196.17, for a total transaction of $243,643.14. Following the completion of the transaction, the chief executive officer now owns 523,829 shares in the company, valued at approximately $102,759,534.93. This represents a 0.24 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In the last ninety days, insiders have sold 13,061 shares of company stock worth $2,373,424. 0.41% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of PNC. Mechanics Financial Corp acquired a new stake in The PNC Financial Services Group in the 4th quarter valued at approximately $541,000. AssuredPartners Investment Advisors LLC acquired a new position in shares of The PNC Financial Services Group during the fourth quarter valued at $739,000. Premier Fund Managers Ltd raised its stake in shares of The PNC Financial Services Group by 38.3% during the fourth quarter. Premier Fund Managers Ltd now owns 49,430 shares of the financial services provider’s stock valued at $9,511,000 after purchasing an additional 13,700 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of The PNC Financial Services Group by 25.3% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 40,074 shares of the financial services provider’s stock valued at $7,739,000 after purchasing an additional 8,081 shares in the last quarter. Finally, Fifth Third Wealth Advisors LLC lifted its holdings in The PNC Financial Services Group by 48.5% in the fourth quarter. Fifth Third Wealth Advisors LLC now owns 26,758 shares of the financial services provider’s stock worth $5,160,000 after purchasing an additional 8,735 shares during the period. 83.53% of the stock is owned by institutional investors and hedge funds.

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.