Mizuho Raises Prudential Financial (NYSE:PRU) Price Target to $109.00

Prudential Financial (NYSE:PRU) had its price target hoisted by investment analysts at Mizuho from $101.00 to $109.00 in a report issued on Thursday,Benzinga reports. The firm currently has a “neutral” rating on the financial services provider’s stock. Mizuho’s target price indicates a potential downside of 5.57% from the company’s previous close.

Several other equities research analysts have also recently weighed in on PRU. Zacks Research upgraded shares of Prudential Financial from a “strong sell” rating to a “hold” rating in a research report on Friday, June 12th. Argus downgraded Prudential Financial from a “buy” rating to a “hold” rating in a report on Tuesday, June 9th. Barclays lifted their price objective on Prudential Financial from $90.00 to $92.00 and gave the stock an “underweight” rating in a research report on Tuesday. Morgan Stanley reiterated an “underweight” rating and issued a $92.00 target price (down from $106.00) on shares of Prudential Financial in a report on Monday, May 4th. Finally, BMO Capital Markets cut their price target on Prudential Financial from $91.00 to $87.00 and set an “underperform” rating on the stock in a report on Thursday, April 23rd. Eleven analysts have rated the stock with a Hold rating and five have issued a Sell rating to the stock. According to data from MarketBeat.com, Prudential Financial currently has an average rating of “Reduce” and a consensus target price of $104.00.

Prudential Financial Price Performance

Shares of PRU opened at $115.43 on Thursday. The business has a 50-day moving average of $105.58 and a 200-day moving average of $104.10. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.16 and a quick ratio of 0.16. The company has a market capitalization of $40.06 billion, a price-to-earnings ratio of 11.88, a price-to-earnings-growth ratio of 2.09 and a beta of 0.85. Prudential Financial has a 1 year low of $91.89 and a 1 year high of $119.76.

Prudential Financial (NYSE:PRU) last announced its earnings results on Tuesday, May 5th. The financial services provider reported $3.61 EPS for the quarter, beating the consensus estimate of $3.09 by $0.52. Prudential Financial had a return on equity of 16.33% and a net margin of 5.83%.The business had revenue of $15.23 billion for the quarter, compared to analysts’ expectations of $14.10 billion. During the same period in the prior year, the business posted $3.29 earnings per share. As a group, equities research analysts anticipate that Prudential Financial will post 13.81 earnings per share for the current year.

Institutional Trading of Prudential Financial

A number of hedge funds have recently made changes to their positions in PRU. Regent Peak Wealth Advisors LLC purchased a new stake in shares of Prudential Financial during the second quarter worth about $215,000. Wedge Capital Management L L P NC raised its position in shares of Prudential Financial by 8.7% in the 2nd quarter. Wedge Capital Management L L P NC now owns 325,257 shares of the financial services provider’s stock worth $35,105,000 after acquiring an additional 26,120 shares in the last quarter. Whitener Capital Management Inc. lifted its stake in shares of Prudential Financial by 22.9% in the 2nd quarter. Whitener Capital Management Inc. now owns 3,754 shares of the financial services provider’s stock valued at $405,000 after purchasing an additional 700 shares during the period. Tema ETFs LLC raised its holdings in Prudential Financial by 8.9% in the second quarter. Tema ETFs LLC now owns 7,083 shares of the financial services provider’s stock worth $764,000 after purchasing an additional 580 shares in the last quarter. Finally, KMG Fiduciary Partners LLC increased its stake in shares of Prudential Financial by 24.5% in the 2nd quarter. KMG Fiduciary Partners LLC now owns 59,147 shares of the financial services provider’s stock worth $6,384,000 after acquiring an additional 11,657 shares in the last quarter. 56.83% of the stock is owned by institutional investors.

Trending Headlines about Prudential Financial

Here are the key news stories impacting Prudential Financial this week:

• Positive Sentiment: Prudential was included in articles highlighting solid dividend stocks and momentum names, which can attract income and value investors looking for stable cash flows and defensive characteristics.
• Positive Sentiment: Mizuho raised its price target on Prudential Financial to $109 from $101, showing improved valuation expectations even though the firm kept a neutral stance.
• Positive Sentiment: Wells Fargo raised its price target to $103 from $100, signaling some confidence in Prudential’s outlook despite maintaining an underweight rating.
• Neutral Sentiment: Prudential announced it will report second-quarter 2026 earnings on August 4 and hold its strategy call on August 5, keeping investors focused on the upcoming results and management commentary. Prudential Financial, Inc. to Announce Second Quarter 2026 Earnings; Schedules Earnings and Strategy Call
• Neutral Sentiment: Jefferies lifted its target to $110 from $105 but kept a hold rating, reinforcing the view that the stock looks fairly valued after its recent run.
• Negative Sentiment: Several broker notes still imply downside from the current share price, including Wells Fargo, Mizuho, and Jefferies, which may temper further near-term gains.
• Negative Sentiment: Consensus coverage referenced in recent reports remains cautious, with analysts described as having a “reduce” recommendation on PRU, pointing to a generally lukewarm outlook.

About Prudential Financial

Prudential Financial, Inc, headquartered in Newark, New Jersey, is a diversified financial services company with roots dating to 1875. The firm provides a range of insurance, retirement and investment products aimed at helping individual and institutional clients manage risk, accumulate and protect wealth, and plan for retirement. Prudential’s long history in life insurance and related financial services has positioned it as a major participant in the U.S. insurance market and a provider of services to a broad client base.

Prudential’s core business activities include individual life insurance, annuities, retirement solutions and group insurance products for employers.