3,196 The PNC Financial Services Group, Inc $PNC Shares Purchased by StoneX Group Inc.

StoneX Group Inc. grew its stake in shares of The PNC Financial Services Group, Inc (NYSE:PNC) by 19.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 19,225 shares of the financial services provider’s stock after acquiring an additional 3,196 shares during the period. StoneX Group Inc.’s holdings in The PNC Financial Services Group were worth $4,293,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of PNC. Highland Investment Advisors LLC bought a new position in The PNC Financial Services Group in the second quarter worth approximately $27,000. Mowery & Schoenfeld Wealth Management LLC bought a new stake in The PNC Financial Services Group during the 2nd quarter valued at $28,000. Wilkerson Advisory Group LLC raised its position in The PNC Financial Services Group by 93.4% during the 1st quarter. Wilkerson Advisory Group LLC now owns 147 shares of the financial services provider’s stock valued at $31,000 after purchasing an additional 71 shares in the last quarter. Archer Investment Corp purchased a new stake in shares of The PNC Financial Services Group in the 2nd quarter worth $33,000. Finally, Dunhill Financial LLC purchased a new stake in shares of The PNC Financial Services Group in the 2nd quarter worth $37,000. Hedge funds and other institutional investors own 83.53% of the company’s stock.

Key Headlines Impacting The PNC Financial Services Group

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

• Positive Sentiment: PNC Bank plans to expand to more than 370 new branches by 2031, including over 50 additional locations in South Carolina and Georgia. The expansion targets fast-growing markets and could support future customer and revenue growth, though returns will depend on execution. PNC Bank expands branch buildout
• Positive Sentiment: Sell-side analysts were reported to rate PNC a “Moderate Buy,” reflecting a generally favorable analyst view. Analyst rating coverage
• Neutral Sentiment: PNC presented at the BancAnalysts Association of Boston conference. The available headline provides no specific new financial outlook or business updates to assess. Conference transcript
• Negative Sentiment: PNC announced that Alexander E.C. Overstrom will become CFO, with current CFO Robert Q. Reilly moving to executive vice chairman in March 2027. The planned succession provides a transition timeline, but shares reportedly came under pressure after the announcement, suggesting investor concern about the leadership change. CFO transition announcement

Insider Activity

In other news, EVP Stacy Juchno sold 3,354 shares of the business’s stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $255.84, for a total value of $858,087.36. Following the completion of the transaction, the executive vice president directly owned 18,800 shares of the company’s stock, valued at approximately $4,809,792. The trade was a 15.14% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.38% of the company’s stock.

The PNC Financial Services Group Stock Performance

Shares of PNC stock opened at $225.41 on Friday. The firm has a market cap of $89.44 billion, a price-to-earnings ratio of 12.00, a PEG ratio of 1.16 and a beta of 0.92. The company’s 50 day moving average is $228.58 and its 200 day moving average is $229.20. The company has a quick ratio of 0.83, a current ratio of 0.84 and a debt-to-equity ratio of 1.28. The PNC Financial Services Group, Inc has a 52-week low of $177.08 and a 52-week high of $258.96.

The PNC Financial Services Group (NYSE:PNC) last posted its earnings results on Thursday, October 15th. The financial services provider reported $5.09 earnings per share for the quarter, topping analysts’ consensus estimates of $4.91 by $0.18. The company had revenue of $6.60 billion during the quarter, compared to analyst estimates of $6.61 billion. The PNC Financial Services Group had a return on equity of 12.82% and a net margin of 21.83%. The PNC Financial Services Group’s revenue was up 10.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $4.35 earnings per share. On average, sell-side analysts anticipate that The PNC Financial Services Group, Inc will post 19.24 EPS for the current fiscal year.

The PNC Financial Services Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, November 5th. Stockholders of record on Wednesday, October 14th were issued a $2.00 dividend. The ex-dividend date was Wednesday, October 14th. This represents a $8.00 dividend on an annualized basis and a dividend yield of 3.5%. The PNC Financial Services Group’s dividend payout ratio (DPR) is currently 42.58%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on PNC shares. Wolfe Research started coverage on The PNC Financial Services Group in a research report on Tuesday, October 27th. They set a “peer perform” rating on the stock. Oppenheimer lifted their price objective on The PNC Financial Services Group from $269.00 to $274.00 and gave the company an “outperform” rating in a report on Monday, November 2nd. Barclays lifted their price objective on The PNC Financial Services Group from $277.00 to $284.00 and gave the company an “overweight” rating in a report on Thursday, July 16th. HSBC upped their price objective on shares of The PNC Financial Services Group from $275.00 to $283.00 and gave the stock a “buy” rating in a research note on Monday, September 28th. Finally, UBS Group dropped their target price on shares of The PNC Financial Services Group from $286.00 to $278.00 and set a “buy” rating on the stock in a report on Monday, November 2nd. Seventeen equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, The PNC Financial Services Group presently has an average rating of “Moderate Buy” and a consensus price target of $266.04.

About The PNC Financial Services Group

The PNC Financial Services Group, Inc is a diversified financial services company headquartered in Pittsburgh, Pennsylvania. It serves consumers, small businesses, corporations, government entities and institutional clients through a range of banking and financial services.

PNC’s businesses include retail banking, corporate and institutional banking, and asset management. Its offerings include deposit accounts, lending, cash management, treasury services, investment and wealth management, and other financial products and services.

The company traces its history to 1852 and took its current name following the 1983 merger of Pittsburgh National Corporation and Provident National Corporation.