
Prudential Financial, Inc. (NYSE:PRU – Free Report) – Analysts at DOWLING & PARTN increased their FY2026 earnings estimates for shares of Prudential Financial in a research report issued to clients and investors on Friday, August 7th. DOWLING & PARTN analyst J. Hurwitz now anticipates that the financial services provider will earn $14.90 per share for the year, up from their previous forecast of $14.00. The consensus estimate for Prudential Financial’s current full-year earnings is $13.92 per share. DOWLING & PARTN also issued estimates for Prudential Financial’s FY2027 earnings at $15.15 EPS and FY2028 earnings at $16.45 EPS.
Prudential Financial (NYSE:PRU – Get Free Report) last posted its earnings results on Tuesday, August 4th. The financial services provider reported $4.08 EPS for the quarter, beating analysts’ consensus estimates of $3.52 by $0.56. Prudential Financial had a return on equity of 16.68% and a net margin of 6.51%.The firm had revenue of $14.15 billion for the quarter, compared to analysts’ expectations of $14.36 billion. During the same period last year, the firm earned $3.58 EPS.
Check Out Our Latest Report on Prudential Financial
Prudential Financial Price Performance
Prudential Financial stock opened at $121.95 on Tuesday. The company’s fifty day moving average price is $113.28 and its 200 day moving average price is $104.78. Prudential Financial has a 1 year low of $91.89 and a 1 year high of $127.72. The stock has a market capitalization of $42.07 billion, a P/E ratio of 11.05, a P/E/G ratio of 2.35 and a beta of 0.84. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.16 and a current ratio of 0.16.
Insider Buying and Selling at Prudential Financial
In other news, major shareholder Insurance Co Of Ame Prudential sold 214,746 shares of the stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $24.75, for a total value of $5,314,963.50. Following the completion of the sale, the insider owned 7,973,657 shares of the company’s stock, valued at $197,348,010.75. This represents a 2.62% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 0.05% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the business. Clay Northam Wealth Management LLC purchased a new stake in Prudential Financial in the second quarter valued at $218,000. Vise Technologies Inc. increased its position in shares of Prudential Financial by 165.8% during the 2nd quarter. Vise Technologies Inc. now owns 31,991 shares of the financial services provider’s stock worth $3,453,000 after purchasing an additional 19,956 shares during the last quarter. Wellington Shields & Co. LLC raised its holdings in Prudential Financial by 25.9% in the 2nd quarter. Wellington Shields & Co. LLC now owns 9,982 shares of the financial services provider’s stock valued at $1,077,000 after buying an additional 2,055 shares during the period. Wellington Shields Capital Management LLC acquired a new position in Prudential Financial in the second quarter valued at about $43,000. Finally, West Family Investments Inc. acquired a new stake in shares of Prudential Financial during the second quarter valued at about $514,000. 56.83% of the stock is currently owned by hedge funds and other institutional investors.
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.
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