Prudential Public (NYSE:PUK) Issues Quarterly Earnings Results, Misses Expectations By $0.70 EPS

Prudential Public (NYSE:PUK) issued its quarterly earnings data on Wednesday. The financial services provider reported $0.58 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.28 by ($0.70), FiscalAI reports. The business had revenue of $3.90 billion for the quarter.

Prudential Public Stock Down 0.3%

Shares of Prudential Public stock traded down $0.08 during midday trading on Wednesday, hitting $28.35. The company had a trading volume of 808,044 shares, compared to its average volume of 1,014,386. Prudential Public has a 52-week low of $24.61 and a 52-week high of $34.03. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.04 and a current ratio of 0.04. The company has a 50 day moving average of $28.10 and a 200 day moving average of $29.17.

Analysts Set New Price Targets

Several equities research analysts have recently commented on PUK shares. Zacks Research cut shares of Prudential Public from a “hold” rating to a “strong sell” rating in a research report on Wednesday, August 19th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Prudential Public in a research note on Monday, July 6th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Prudential Public in a report on Friday, May 15th. Four investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Prudential Public presently has an average rating of “Hold”.

Institutional Investors Weigh In On Prudential Public

A number of institutional investors have recently modified their holdings of the stock. Manchester Capital Management LLC raised its position in shares of Prudential Public by 1,103.0% in the 4th quarter. Manchester Capital Management LLC now owns 794 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 728 shares during the last quarter. Mcguire Capital Advisors Inc. purchased a new stake in Prudential Public during the 4th quarter valued at about $29,000. Larson Financial Group LLC grew its position in Prudential Public by 626.8% during the 3rd quarter. Larson Financial Group LLC now owns 1,657 shares of the financial services provider’s stock valued at $46,000 after purchasing an additional 1,429 shares during the last quarter. Geneos Wealth Management Inc. increased its stake in Prudential Public by 86.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 3,683 shares of the financial services provider’s stock valued at $79,000 after purchasing an additional 1,709 shares in the last quarter. Finally, Smartleaf Asset Management LLC increased its stake in Prudential Public by 66.8% during the 2nd quarter. Smartleaf Asset Management LLC now owns 4,274 shares of the financial services provider’s stock valued at $108,000 after purchasing an additional 1,711 shares in the last quarter. 1.90% of the stock is owned by hedge funds and other institutional investors.

Prudential Public Company Profile

Prudential Public (NYSE: PUK) is the New York listing for Prudential plc, a London‑headquartered international life insurance and financial services group. The company provides a range of long‑term savings, retirement and protection products designed for individual and institutional customers. Its core offerings include life insurance, pensions and annuities, group protection, and wealth and asset management services delivered through both proprietary and third‑party distribution channels.

Prudential operates across multiple regions, with significant focus on fast‑growing markets in Asia and Africa alongside its established businesses in Europe and other international markets.