Pinnacle Financial Partners (NASDAQ:PNFP) Stock Price Expected to Rise, TD Cowen Analyst Says

Pinnacle Financial Partners (NASDAQ:PNFP) had its price target increased by equities research analysts at TD Cowen from $122.00 to $125.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage currently has a “buy” rating on the financial services provider’s stock. TD Cowen’s price target indicates a potential upside of 28.99% from the stock’s current price.

PNFP has been the topic of a number of other research reports. Royal Bank Of Canada raised Pinnacle Financial Partners to a “moderate buy” rating in a report on Monday. Truist Financial cut their price target on shares of Pinnacle Financial Partners from $107.00 to $105.00 and set a “buy” rating for the company in a report on Friday, October 17th. Wells Fargo & Company reduced their target price on shares of Pinnacle Financial Partners from $110.00 to $100.00 and set an “equal weight” rating on the stock in a research report on Friday, October 17th. Raymond James Financial upgraded Pinnacle Financial Partners from a “market perform” rating to a “strong-buy” rating and set a $120.00 price target on the stock in a report on Thursday, December 11th. Finally, Evercore ISI started coverage on Pinnacle Financial Partners in a report on Tuesday. They set an “outperform” rating and a $115.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $113.00.

Pinnacle Financial Partners Stock Performance

Shares of NASDAQ:PNFP traded down $0.76 during trading on Wednesday, reaching $96.91. The stock had a trading volume of 1,214,139 shares, compared to its average volume of 2,303,141. Pinnacle Financial Partners has a 52 week low of $81.57 and a 52 week high of $127.85. The firm has a market capitalization of $7.52 billion, a price-to-earnings ratio of 12.32, a P/E/G ratio of 0.48 and a beta of 1.02. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.33. The stock has a fifty day simple moving average of $93.40 and a two-hundred day simple moving average of $96.58.

Pinnacle Financial Partners (NASDAQ:PNFP) last posted its quarterly earnings data on Wednesday, October 15th. The financial services provider reported $2.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.05 by $0.22. The business had revenue of $544.80 million during the quarter, compared to the consensus estimate of $526.40 million. Pinnacle Financial Partners had a net margin of 19.17% and a return on equity of 9.91%. During the same period in the prior year, the firm earned $1.86 EPS. As a group, analysts anticipate that Pinnacle Financial Partners will post 7.85 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Director G Kennedy Thompson bought 5,000 shares of the stock in a transaction on Monday, October 20th. The stock was purchased at an average price of $87.63 per share, with a total value of $438,150.00. Following the completion of the purchase, the director owned 33,372 shares of the company’s stock, valued at approximately $2,924,388.36. This trade represents a 17.62% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Chairman Robert A. Mccabe, Jr. sold 6,775 shares of Pinnacle Financial Partners stock in a transaction on Wednesday, November 26th. The stock was sold at an average price of $93.00, for a total transaction of $630,075.00. Following the transaction, the chairman directly owned 202,505 shares in the company, valued at approximately $18,832,965. This represents a 3.24% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.46% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Pinnacle Financial Partners

Several large investors have recently modified their holdings of PNFP. AQR Capital Management LLC boosted its holdings in shares of Pinnacle Financial Partners by 1,697.4% in the third quarter. AQR Capital Management LLC now owns 3,267,666 shares of the financial services provider’s stock valued at $306,474,000 after buying an additional 3,085,867 shares during the period. Dimensional Fund Advisors LP lifted its position in Pinnacle Financial Partners by 6.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,680,171 shares of the financial services provider’s stock valued at $251,376,000 after acquiring an additional 163,269 shares in the last quarter. Wellington Management Group LLP lifted its position in Pinnacle Financial Partners by 51.1% in the 3rd quarter. Wellington Management Group LLP now owns 2,156,749 shares of the financial services provider’s stock valued at $202,281,000 after acquiring an additional 728,975 shares in the last quarter. Nomura Holdings Inc. acquired a new position in Pinnacle Financial Partners in the 3rd quarter worth $187,822,000. Finally, Fenimore Asset Management Inc increased its holdings in Pinnacle Financial Partners by 2.2% during the 2nd quarter. Fenimore Asset Management Inc now owns 1,076,968 shares of the financial services provider’s stock worth $118,908,000 after purchasing an additional 23,552 shares in the last quarter. 87.40% of the stock is currently owned by institutional investors.

Key Stories Impacting Pinnacle Financial Partners

Here are the key news stories impacting Pinnacle Financial Partners this week:

• Positive Sentiment: Completed merger with Synovus creates a roughly $117B regional banking franchise across the Southeast, increasing scale and potential revenue/cost synergies that support long‑term earnings power. Pinnacle Financial Completes $8.6B All-Stock Merger With Synovus
• Positive Sentiment: Evercore ISI initiated coverage with an “outperform” / buy‑equivalent and a $115 price target (~+17.7% upside from recent levels), signaling confidence in post‑merger growth prospects. Evercore ISI initiates Pinnacle Financial with Buy-equivalent post Synovus acquisition
• Positive Sentiment: Piper Sandler upgraded the stock, adding to the positive analyst momentum that can support buying interest following the merger. Piper Sandler upgrades Pinnacle Financial Partners (PNFP)
• Neutral Sentiment: Royal Bank of Canada moved to a “moderate buy,” and DA Davidson started coverage with a “neutral” view and a $110 target — mixed analyst views reflect confidence in scale but caution on near‑term execution and valuation. Zacks / Analyst Notes
• Neutral Sentiment: DA Davidson set a $110 target (neutral), highlighting that while upside exists, investors should watch integration progress and cost saves before re‑rating higher. DA Davidson Coverage
• Neutral Sentiment: Recent write‑ups analyze PNFP’s valuation and peer Q3 performance after the deal — useful context for investors assessing whether the enlarged franchise justifies current multiples. Regional Banks Stocks Q3 Teardown: Pinnacle Financial Partners Vs The Rest
• Negative Sentiment: Some coverage questions whether recent share weakness already reflects long‑term return expectations; these cautionary takes and short‑term integration risks likely pressure the stock despite positive analyst notes. Is Pinnacle Financial Partners (PNFP) Pricing In Its Long Term Returns After Recent Share Weakness

About Pinnacle Financial Partners

Pinnacle Financial Partners, Inc (NASDAQ: PNFP) is a financial services company headquartered in Nashville, Tennessee, that provides banking, wealth management and insurance solutions to business and consumer clients. The company operates through two primary segments—Banking and Wealth Management & Advisory—offering a comprehensive suite of products that includes commercial and consumer lending, deposit services, treasury management, trust and investment advisory, and insurance brokerage. Pinnacle’s client-focused model emphasizes relationship-based banking, leveraging local decision-making authority and specialized industry expertise to serve diverse sectors such as healthcare, technology, real estate and professional services.

In its banking segment, Pinnacle delivers commercial and consumer loans, lines of credit, equipment financing, and mortgage lending.