Modera Wealth Management LLC Sells 2,493 Shares of The PNC Financial Services Group, Inc $PNC

Modera Wealth Management LLC lowered its stake in shares of The PNC Financial Services Group, Inc (NYSE:PNC) by 1.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 152,587 shares of the financial services provider’s stock after selling 2,493 shares during the period. Modera Wealth Management LLC’s holdings in The PNC Financial Services Group were worth $30,659,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in shares of The PNC Financial Services Group by 1.4% in the second quarter. Vanguard Group Inc. now owns 38,487,074 shares of the financial services provider’s stock valued at $7,174,760,000 after buying an additional 521,455 shares during the period. Geode Capital Management LLC lifted its holdings in shares of The PNC Financial Services Group by 1.1% during the 2nd quarter. Geode Capital Management LLC now owns 8,777,313 shares of the financial services provider’s stock worth $1,628,302,000 after acquiring an additional 93,346 shares during the period. Norges Bank acquired a new stake in shares of The PNC Financial Services Group during the 2nd quarter worth approximately $1,477,836,000. Invesco Ltd. increased its stake in The PNC Financial Services Group by 0.5% in the second quarter. Invesco Ltd. now owns 5,023,790 shares of the financial services provider’s stock valued at $936,535,000 after acquiring an additional 26,798 shares during the last quarter. Finally, AQR Capital Management LLC lifted its stake in The PNC Financial Services Group by 134.9% during the second quarter. AQR Capital Management LLC now owns 3,338,964 shares of the financial services provider’s stock worth $622,450,000 after purchasing an additional 1,917,530 shares during the last quarter. 83.53% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at The PNC Financial Services Group

In other news, EVP Michael Duane Thomas sold 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $183.57, for a total value of $183,570.00. Following the transaction, the executive vice president owned 5,802 shares in the company, valued at approximately $1,065,073.14. The trade was a 14.70% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.41% of the company’s stock.

The PNC Financial Services Group Stock Performance

NYSE PNC opened at $219.40 on Friday. The company has a market capitalization of $86.04 billion, a price-to-earnings ratio of 13.23, a PEG ratio of 0.93 and a beta of 0.99. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.94. The PNC Financial Services Group, Inc has a twelve month low of $145.12 and a twelve month high of $227.78. The stock has a fifty day simple moving average of $206.41 and a 200 day simple moving average of $198.21.

The PNC Financial Services Group (NYSE:PNC) last released its quarterly earnings results on Friday, January 16th. The financial services provider reported $4.88 EPS for the quarter, beating analysts’ consensus estimates of $4.23 by $0.65. The firm had revenue of $6.07 billion for the quarter, compared to analyst estimates of $5.90 billion. The PNC Financial Services Group had a return on equity of 11.87% and a net margin of 20.40%.The business’s revenue was up 9.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $3.77 EPS. Sell-side analysts expect that The PNC Financial Services Group, Inc will post 15.37 EPS for the current year.

The PNC Financial Services Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, February 5th. Shareholders of record on Tuesday, January 20th will be given a dividend of $1.70 per share. This represents a $6.80 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend is Tuesday, January 20th. The PNC Financial Services Group’s dividend payout ratio is currently 40.99%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Keefe, Bruyette & Woods lifted their price target on shares of The PNC Financial Services Group from $228.00 to $247.00 and gave the company a “market perform” rating in a report on Tuesday. Piper Sandler raised shares of The PNC Financial Services Group from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $211.00 to $220.00 in a research note on Thursday, October 9th. Weiss Ratings reiterated a “buy (b)” rating on shares of The PNC Financial Services Group in a research note on Monday, December 22nd. UBS Group boosted their price objective on The PNC Financial Services Group from $224.00 to $229.00 and gave the stock a “buy” rating in a research report on Tuesday, October 7th. Finally, Truist Financial increased 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 report on Thursday, December 18th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, The PNC Financial Services Group presently has a consensus rating of “Moderate Buy” and an average target price of $231.00.

Trending Headlines about The PNC Financial Services Group

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

• Positive Sentiment: Keefe, Bruyette & Woods raised its price target on PNC to $247 after management issued a bullish 2026 outlook, signaling confidence in earnings momentum. Keefe Bruyette Lifts PNC Financial PT to $247
• Positive Sentiment: Wells Fargo boosted its PNC price target to $264, reflecting expectations for stronger share-price appreciation. Wells Fargo Boosts The PNC Financial Services Group Price Target to $264.00
• Positive Sentiment: Royal Bank of Canada raised its target on PNC to $235, joining other brokers in lifting forward views on the stock. Royal Bank Of Canada Boosts The PNC Financial Services Group Price Target to $235.00
• Positive Sentiment: Multiple brokers (Morgan Stanley and TD Cowen) published notes forecasting strong price appreciation for PNC, adding to bullish analyst momentum. Morgan Stanley Forecasts Strong Price Appreciation for PNC TD Cowen Forecasts Strong Price Appreciation for PNC
• Positive Sentiment: Oppenheimer and other brokerage notes reiterated expectations for upside, reinforcing the analyst-driven support behind the stock. Oppenheimer Forecasts Strong Price Appreciation for PNC Keefe, Bruyette & Woods Forecasts Strong Price Appreciation for PNC
• Positive Sentiment: PNC launched digital self-directed brokerage account opening within PNC Wealth Management, a product step that could expand retail/investment flows over time. PNC Wealth Management Simplifies Investing With New Online Brokerage Account Opening
• Neutral Sentiment: MSN published a summary of the five most insightful analyst questions from PNC’s Q4 earnings call — useful context on management’s guidance and investor priorities but not new company action. 5 insightful analyst questions from PNC’s Q4 earnings call
• Neutral Sentiment: A Zacks comparison piece weighs PNC against Tradeweb (TW) on valuation, offering a relative-value view for investors deciding between financial/investment-bank exposure. PNC vs. TW: Which Stock Is the Better Value Option?
• Negative Sentiment: Market reaction today is negative — shares are trading lower — which may reflect short-term profit-taking after recent gains and the flurry of analyst attention rather than fresh company weak signals.

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.