Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Prudential Financial, Inc. (NYSE:PRU). In a filing disclosed on March 09th, the Representative disclosed that they had sold between $1,001 and $15,000 in Prudential Financial stock on February 10th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Thermon Group (NYSE:THR) on 3/2/2026.
- Purchased $1,001 – $15,000 in shares of Federal Signal (NYSE:FSS) on 3/2/2026.
- Purchased $1,001 – $15,000 in shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) on 2/26/2026.
- Sold $1,001 – $15,000 in shares of Uber Technologies (NYSE:UBER) on 2/24/2026.
- Sold $1,001 – $15,000 in shares of Robinhood Markets (NASDAQ:HOOD) on 2/24/2026.
- Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 2/24/2026.
- Sold $1,001 – $15,000 in shares of Oracle (NYSE:ORCL) on 2/24/2026.
- Purchased $1,001 – $15,000 in shares of Champion Homes (NYSE:SKY) on 2/23/2026.
- Sold $1,001 – $15,000 in shares of Tri Pointe Homes (NYSE:TPH) on 2/23/2026.
- Sold $1,001 – $15,000 in shares of Xiaomi (OTCMKTS:XIACF) on 2/20/2026.
Prudential Financial Stock Up 1.4%
NYSE PRU traded up $1.28 during trading hours on Tuesday, hitting $94.50. 2,121,237 shares of the company traded hands, compared to its average volume of 2,344,273. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.16 and a current ratio of 0.16. The business’s 50-day moving average is $105.28 and its 200-day moving average is $106.44. The stock has a market capitalization of $32.89 billion, a price-to-earnings ratio of 9.45, a P/E/G ratio of 1.13 and a beta of 0.98. Prudential Financial, Inc. has a twelve month low of $90.38 and a twelve month high of $119.76.
Prudential Financial Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, March 12th. Investors of record on Tuesday, February 17th were given a $1.40 dividend. This is an increase from Prudential Financial’s previous quarterly dividend of $1.35. This represents a $5.60 dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date of this dividend was Tuesday, February 17th. Prudential Financial’s dividend payout ratio (DPR) is presently 56.00%.
Hedge Funds Weigh In On Prudential Financial
Several hedge funds and other institutional investors have recently added to or reduced their stakes in PRU. Brighton Jones LLC increased its position in shares of Prudential Financial by 3.7% in the fourth quarter. Brighton Jones LLC now owns 3,681 shares of the financial services provider’s stock worth $436,000 after purchasing an additional 133 shares during the period. Empowered Funds LLC grew its stake in Prudential Financial by 30.5% during the first quarter. Empowered Funds LLC now owns 17,690 shares of the financial services provider’s stock worth $1,976,000 after buying an additional 4,134 shares in the last quarter. Atlantic Union Bankshares Corp bought a new position in Prudential Financial in the 2nd quarter valued at about $76,000. Andra AP fonden bought a new stake in shares of Prudential Financial during the 2nd quarter worth approximately $599,000. Finally, Modera Wealth Management LLC boosted its position in shares of Prudential Financial by 2.3% during the 2nd quarter. Modera Wealth Management LLC now owns 13,094 shares of the financial services provider’s stock worth $1,407,000 after acquiring an additional 293 shares in the last quarter. 56.83% of the stock is owned by institutional investors and hedge funds.
Insider Transactions at Prudential Financial
In other Prudential Financial news, major shareholder Insurance Co Of Ame Prudential bought 1,406,739 shares of Prudential Financial stock in a transaction on Friday, January 23rd. The shares were purchased at an average cost of $24.87 per share, with a total value of $34,985,598.93. Following the acquisition, the insider directly owned 7,709,624 shares of the company’s stock, valued at $191,738,348.88. The trade was a 22.32% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Jacques Chappuis purchased 1,000 shares of Prudential Financial stock in a transaction on Friday, February 6th. The stock was bought at an average price of $100.97 per share, for a total transaction of $100,970.00. Following the transaction, the executive vice president directly owned 1,000 shares in the company, valued at approximately $100,970. The trade was a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last ninety days, insiders bought 1,408,389 shares of company stock valued at $35,154,439. Company insiders own 0.25% of the company’s stock.
Analyst Ratings Changes
A number of brokerages recently weighed in on PRU. Morgan Stanley lowered their target price on shares of Prudential Financial from $120.00 to $111.00 and set an “equal weight” rating on the stock in a report on Tuesday, March 3rd. Wall Street Zen downgraded shares of Prudential Financial from a “buy” rating to a “hold” rating in a research report on Saturday, January 10th. Mizuho lowered their price objective on shares of Prudential Financial from $126.00 to $113.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 10th. Barclays dropped their target price on shares of Prudential Financial from $124.00 to $119.00 and set an “equal weight” rating on the stock in a report on Wednesday, March 11th. Finally, Evercore reiterated a “negative” rating on shares of Prudential Financial in a report on Friday, March 6th. Nine equities research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Reduce” and a consensus price target of $115.22.
View Our Latest Analysis on Prudential Financial
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
Prudential Financial Company Profile
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.
Further Reading
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