The PNC Financial Services Group, Inc $PNC Shares Bought by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC boosted its position in shares of The PNC Financial Services Group, Inc (NYSE:PNC) by 25.6% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 53,855 shares of the financial services provider’s stock after acquiring an additional 10,971 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in The PNC Financial Services Group were worth $10,043,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. waypoint wealth counsel acquired a new stake in The PNC Financial Services Group during the 2nd quarter worth about $454,000. Matrix Asset Advisors Inc. NY lifted its position in The PNC Financial Services Group by 13.2% during the 2nd quarter. Matrix Asset Advisors Inc. NY now owns 190,265 shares of the financial services provider’s stock worth $35,469,000 after acquiring an additional 22,125 shares during the period. Drucker Wealth 3.0 LLC acquired a new stake in The PNC Financial Services Group during the 2nd quarter worth about $694,000. Aberdeen Group plc lifted its position in The PNC Financial Services Group by 8.8% during the 2nd quarter. Aberdeen Group plc now owns 333,758 shares of the financial services provider’s stock worth $62,528,000 after acquiring an additional 27,026 shares during the period. Finally, Davis Rea LTD. lifted its position in The PNC Financial Services Group by 0.3% during the 2nd quarter. Davis Rea LTD. now owns 54,319 shares of the financial services provider’s stock worth $10,126,000 after acquiring an additional 184 shares during the period. Institutional investors and hedge funds own 83.53% of the company’s stock.

The PNC Financial Services Group Price Performance

Shares of The PNC Financial Services Group stock opened at $183.72 on Monday. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.99. The PNC Financial Services Group, Inc has a twelve month low of $145.12 and a twelve month high of $216.26. The business has a 50-day moving average price of $198.64 and a 200 day moving average price of $183.62. The firm has a market cap of $72.35 billion, a PE ratio of 12.57, a P/E/G ratio of 1.28 and a beta of 1.10.

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

The PNC Financial Services Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 5th. Investors of record on Tuesday, October 14th will be paid a $1.70 dividend. This represents a $6.80 annualized dividend and a dividend yield of 3.7%. The ex-dividend date is Tuesday, October 14th. The PNC Financial Services Group’s payout ratio is currently 46.51%.

Analyst Upgrades and Downgrades

PNC has been the subject of several analyst reports. Stephens reissued an “equal weight” rating and issued a $200.00 price objective on shares of The PNC Financial Services Group in a report on Wednesday, September 10th. Wolfe Research reissued a “peer perform” rating on shares of The PNC Financial Services Group in a report on Thursday, July 3rd. Wall Street Zen raised The PNC Financial Services Group from a “sell” rating to a “hold” rating in a report on Friday, July 18th. Morgan Stanley boosted their price objective on The PNC Financial Services Group from $186.00 to $206.00 and gave the company an “underweight” rating in a report on Monday, September 29th. Finally, The Goldman Sachs Group boosted their price objective on The PNC Financial Services Group from $178.00 to $196.00 and gave the company a “neutral” rating in a report on Wednesday, July 2nd. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $218.21.

The PNC Financial Services Group 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 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.