KLP Kapitalforvaltning AS Has $28.96 Million Holdings in The PNC Financial Services Group, Inc $PNC

KLP Kapitalforvaltning AS trimmed its position in shares of The PNC Financial Services Group, Inc (NYSE:PNC) by 18.5% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 144,147 shares of the financial services provider’s stock after selling 32,800 shares during the quarter. KLP Kapitalforvaltning AS’s holdings in The PNC Financial Services Group were worth $28,963,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Cullen Capital Management LLC boosted its holdings in The PNC Financial Services Group by 3.8% during the second quarter. Cullen Capital Management LLC now owns 204,875 shares of the financial services provider’s stock worth $38,193,000 after buying an additional 7,478 shares during the last quarter. Harbour Investments Inc. raised its position in shares of The PNC Financial Services Group by 115.1% in the 2nd quarter. Harbour Investments Inc. now owns 5,631 shares of the financial services provider’s stock valued at $1,050,000 after acquiring an additional 3,013 shares during the period. OMNI 360 Wealth Inc. acquired a new stake in shares of The PNC Financial Services Group in the 2nd quarter valued at approximately $573,000. AQR Capital Management LLC boosted its stake in The PNC Financial Services Group by 134.9% during the 2nd quarter. AQR Capital Management LLC now owns 3,338,964 shares of the financial services provider’s stock worth $622,450,000 after acquiring an additional 1,917,530 shares during the last quarter. Finally, Acadian Asset Management LLC grew its holdings in The PNC Financial Services Group by 8,659.4% during the first quarter. Acadian Asset Management LLC now owns 26,979 shares of the financial services provider’s stock valued at $4,739,000 after purchasing an additional 26,671 shares during the period. Institutional investors own 83.53% of the company’s stock.

The PNC Financial Services Group Stock Performance

Shares of The PNC Financial Services Group stock opened at $216.32 on Thursday. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.81 and a quick ratio of 0.81. The firm has a market cap of $84.83 billion, a price-to-earnings ratio of 13.97, a price-to-earnings-growth ratio of 1.10 and a beta of 0.99. The stock’s 50-day moving average is $198.02 and its 200-day moving average is $195.77. The PNC Financial Services Group, Inc has a one year low of $145.12 and a one year high of $219.74.

The PNC Financial Services Group (NYSE:PNC) last announced its earnings results on Wednesday, October 15th. The financial services provider reported $4.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.05 by $0.30. The business had revenue of $5.92 billion for the quarter, compared to analyst estimates of $5.82 billion. The PNC Financial Services Group had a return on equity of 11.47% and a net margin of 19.30%.The PNC Financial Services Group’s revenue for the quarter was up 8.9% compared to the same quarter last year. During the same quarter last year, the firm earned $3.49 EPS. Equities 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 disclosed a quarterly dividend, which will be paid on Thursday, February 5th. Stockholders of record on Tuesday, January 20th will be given a $1.70 dividend. This represents a $6.80 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend is Tuesday, January 20th. The PNC Financial Services Group’s payout ratio is currently 43.93%.

Key The PNC Financial Services Group News

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

• Positive Sentiment: PNC completed its $4.1 billion acquisition of FirstBank, expanding scale in Colorado and Arizona and setting a 2026 customer conversion timeline — a concrete revenue and market-share driver. PNC Financial Expands Colorado, Arizona Reach With FirstBank Buyout
• Positive Sentiment: TD Cowen raised its price target to $250 and maintained a buy rating, implying meaningful upside and supporting bullish investor sentiment following recent share gains. Analyst Price Target Raise / TD Cowen
• Positive Sentiment: Barclays issued a bullish forecast for strong price appreciation, and at least one analyst upgrade pushed PNC to a new 1-year high — both raise demand and validate the growth story post-acquisition. Barclays Forecasts Strong Price Appreciation for PNC
• Positive Sentiment: PNC declared a $1.70 quarterly dividend (3.1% yield) with an upcoming ex-dividend date, which supports income-oriented investor demand. Dividend Announcement
• Positive Sentiment: Zacks highlights PNC’s strong earnings-surprise history and projects another likely beat, which could keep analyst optimism and upward pressure on the stock. Will PNC Beat Estimates Again?
• Neutral Sentiment: PNC announced redemption of certain senior floating-rate notes due Jan. 15, 2027 — reduces outstanding liability but uses cash; neutral impact depending on funding and capital ratios. PNC Announces Redemption of Senior Floating Rate Notes
• Neutral Sentiment: Integration activity has begun after the legal close on FirstBank — operational execution will determine timing and scale of cost synergies; investors should watch integration milestones and 2026 conversion progress. PNC Starts FirstBank Integration
• Neutral Sentiment: Comparative valuation pieces (PNC vs. GS and PNC vs. JPM) are being published — useful context for investors but not immediate catalysts; they may influence longer-term positioning. PNC or GS: Which Is Better Value?
• Negative Sentiment: Some coverage flags valuation after recent share-strength — higher multiples and a strong run-up can trigger profit-taking or re-rating risk, which likely explains intraday softness despite the positive headlines. A Look At PNC Valuation After Recent Share Price Strength

Wall Street Analysts Forecast Growth

Several research firms have weighed in on PNC. Cfra Research upgraded shares of The PNC Financial Services Group to a “moderate buy” rating in a report on Thursday, October 16th. Piper Sandler upgraded The PNC Financial Services Group from a “neutral” rating to an “overweight” rating and lifted their target price for the stock from $211.00 to $220.00 in a report on Thursday, October 9th. Truist Financial boosted their target price on The PNC Financial Services Group from $210.00 to $229.00 and gave the company a “hold” rating in a research note on Thursday, December 18th. Keefe, Bruyette & Woods raised their price target on The PNC Financial Services Group from $215.00 to $228.00 and gave the stock a “market perform” rating in a research report on Wednesday, December 17th. Finally, Oppenheimer decreased their price objective on The PNC Financial Services Group from $240.00 to $231.00 and set an “outperform” rating for the company in a research report on Wednesday, November 19th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $222.06.

Insider Buying and Selling at The PNC Financial Services Group

In other The PNC Financial Services Group news, EVP Michael Duane Thomas sold 1,000 shares of the business’s stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $183.57, for a total transaction of $183,570.00. Following the sale, the executive vice president directly owned 5,802 shares of the company’s stock, valued at $1,065,073.14. The trade was a 14.70% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Guild Deborah sold 1,080 shares of the firm’s stock in a transaction dated Friday, October 24th. The shares were sold at an average price of $186.97, for a total value of $201,927.60. Following the completion of the transaction, the executive vice president owned 27,335 shares of the company’s stock, valued at $5,110,824.95. The trade was a 3.80% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.41% of the company’s stock.

The PNC Financial Services Group Company 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.