Jefferies Financial Group Inc. Buys 7,325 Shares of The PNC Financial Services Group, Inc $PNC

Jefferies Financial Group Inc. raised its stake in The PNC Financial Services Group, Inc (NYSE:PNC) by 246.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,299 shares of the financial services provider’s stock after acquiring an additional 7,325 shares during the period. Jefferies Financial Group Inc.’s holdings in The PNC Financial Services Group were worth $2,069,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. boosted its stake in The PNC Financial Services Group by 1.4% in the 2nd quarter. Vanguard Group Inc. now owns 38,487,074 shares of the financial services provider’s stock worth $7,174,760,000 after purchasing an additional 521,455 shares in the last quarter. Geode Capital Management LLC grew its position in The PNC Financial Services Group by 1.1% during the 2nd quarter. Geode Capital Management LLC now owns 8,777,313 shares of the financial services provider’s stock valued at $1,628,302,000 after purchasing an additional 93,346 shares during the last quarter. Norges Bank bought a new stake in The PNC Financial Services Group during the 2nd quarter valued at about $1,477,836,000. Invesco Ltd. increased its stake in The PNC Financial Services Group by 0.5% during the 2nd quarter. Invesco Ltd. now owns 5,023,790 shares of the financial services provider’s stock valued at $936,535,000 after purchasing an additional 26,798 shares in the last quarter. Finally, AQR Capital Management LLC raised its holdings in The PNC Financial Services Group by 134.9% in the second quarter. AQR Capital Management LLC now owns 3,338,964 shares of the financial services provider’s stock worth $622,450,000 after buying an additional 1,917,530 shares during the last quarter. 83.53% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. JPMorgan Chase & Co. upped their target price on shares of The PNC Financial Services Group from $228.50 to $251.00 and gave the stock an “overweight” rating in a research note on Monday, February 9th. Morgan Stanley raised their price target on shares of The PNC Financial Services Group from $211.00 to $221.00 and gave the company an “underweight” rating in a research report on Tuesday, January 20th. Barclays boosted their price objective on shares of The PNC Financial Services Group from $235.00 to $271.00 and gave the stock an “overweight” rating in a report on Monday, January 5th. Wells Fargo & Company upped their price objective on The PNC Financial Services Group from $252.00 to $264.00 and gave the company an “overweight” rating in a research report on Tuesday, January 20th. Finally, TD Cowen increased their target price on The PNC Financial Services Group from $250.00 to $260.00 and gave the company a “buy” rating in a research note on Tuesday, January 20th. Fifteen investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, The PNC Financial Services Group currently has a consensus rating of “Moderate Buy” and an average price target of $234.44.

The PNC Financial Services Group Stock Performance

Shares of NYSE PNC opened at $205.50 on Thursday. The firm’s 50-day moving average price is $221.88 and its 200-day moving average price is $205.29. The PNC Financial Services Group, Inc has a 52-week low of $145.12 and a 52-week high of $243.94. The company has a market cap of $82.89 billion, a PE ratio of 12.39, a PEG ratio of 0.86 and a beta of 0.98. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.90.

The PNC Financial Services Group (NYSE:PNC) last released its quarterly earnings data on Friday, January 16th. The financial services provider reported $4.88 earnings per share for the quarter, beating the consensus estimate of $4.23 by $0.65. The firm 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 quarterly revenue was up 9.1% on a year-over-year basis. During the same period in the previous year, the company earned $3.77 earnings per share. As a group, analysts anticipate 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. Shareholders of record on Tuesday, January 20th were given a $1.70 dividend. This represents a $6.80 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend was Tuesday, January 20th. The PNC Financial Services Group’s payout ratio is 40.99%.

Key The PNC Financial Services Group News

Here are the key news stories impacting The PNC Financial Services Group this week:

• Positive Sentiment: PNC reaffirmed a stable 2026 outlook, citing rising commercial & industrial (C&I) lending, expanding treasury/fee businesses and targeted regional and capital markets moves — this supports organic revenue and fee growth expectations. PNC Signals Stable 2026 Outlook
• Positive Sentiment: PNC Capital Markets was added to the Investortools Dealer Network, improving electronic fixed‑income connectivity and potential trading revenue/flow from institutional clients. Integration can boost liquidity access and execution volumes for PNC’s trading desk. Investortools Dealer Network Expands Trading Capabilities with PNC Capital Markets
• Positive Sentiment: A director purchased 20 shares at ~$200.38 (SEC filing), a small insider buy but a positive signal that may reassure investors on management’s view of valuation. SEC Form 4
• Neutral Sentiment: PNC’s presentation at the RBC Global Financial Institutions Conference provides analysts and investors more detail on strategy and outlook — useful for modeling but not immediate earnings impact. RBC Conference Transcript
• Neutral Sentiment: PNC-sponsored community/PR events (Taste of the Draft benefiting GENYOUth) are positive for brand and local presence but unlikely to move near-term earnings. Taste of the Draft PR
• Negative Sentiment: Analyst/technical pieces note recent price weakness (discussing a “buy the bottom”/hammer pattern). While some see this as a buy signal, the coverage highlights that PNC has traded down recently — technical pressure and mean-reversion risk may be weighing on the stock today. Technical Analysis Article

Insider Activity at The PNC Financial Services Group

In other news, EVP Alexander E. C. Overstrom sold 2,500 shares of the firm’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $233.91, for a total value of $584,775.00. Following the transaction, the executive vice president directly owned 21,120 shares in the company, valued at $4,940,179.20. This trade represents a 10.58% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Louis Robert Cestello sold 4,279 shares of The PNC Financial Services Group stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $234.01, for a total value of $1,001,328.79. Following the completion of the sale, the executive vice president directly owned 18,867 shares of the company’s stock, valued at $4,415,066.67. The trade was a 18.49% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 64,186 shares of company stock valued at $14,840,973 in the last quarter. 0.41% of the stock is currently owned by corporate insiders.

The PNC Financial Services Group Profile

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.