The PNC Financial Services Group, Inc (NYSE:PNC) Stock Has Consensus Price Target of $266.04

Shares of The PNC Financial Services Group, Inc (NYSE:PNC) have earned a consensus rating of “Moderate Buy” from the twenty-five research firms that are currently covering the firm, Marketbeat.com reports. Eight analysts have rated the stock with a hold rating and seventeen have issued a buy rating on the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $266.04.

A number of equities analysts have issued reports on the stock. Evercore reduced their price target on shares of The PNC Financial Services Group from $265.00 to $260.00 and set an “outperform” rating for the company in a research report on Monday, October 19th. Barclays upped their price objective on shares of 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. Oppenheimer increased their price objective on shares of The PNC Financial Services Group from $269.00 to $274.00 and gave the stock an “outperform” rating in a research note on Monday, November 2nd. UBS Group reduced their target price on shares of The PNC Financial Services Group from $286.00 to $278.00 and set a “buy” rating for the company in a report on Monday, November 2nd. Finally, Keefe, Bruyette & Woods decreased their target price on shares of The PNC Financial Services Group from $260.00 to $250.00 and set a “market perform” rating for the company in a research report on Friday, October 16th.

More The PNC Financial Services Group News

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 Buying and Selling at The PNC Financial Services Group

In other news, EVP Stacy Juchno sold 3,354 shares of the business’s stock in a transaction dated 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 owned 18,800 shares of the company’s stock, valued at $4,809,792. The trade was a 15.14% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 0.38% of the company’s stock.

Institutional Trading of The PNC Financial Services Group

Hedge funds and other institutional investors have recently bought and sold shares of the stock. BlackRock Inc. purchased a new position in The PNC Financial Services Group in the 2nd quarter valued at $7,921,455,000. Bank of America Corp DE acquired a new stake in shares of The PNC Financial Services Group in the 2nd quarter worth about $2,102,631,000. Deutsche Bank AG acquired a new position in shares of The PNC Financial Services Group during the second quarter valued at $1,054,189,000. Jupiter Topco LLC bought a new stake in The PNC Financial Services Group during the second quarter worth approximately $756,877,000. Finally, Legal & General Group Plc bought a new position in The PNC Financial Services Group during the 2nd quarter valued at $669,168,000. 83.53% of the stock is owned by institutional investors and hedge funds.

The PNC Financial Services Group Stock Up 0.0%

The PNC Financial Services Group stock opened at $225.41 on Friday. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.84. The business’s 50-day simple moving average is $228.58 and its two-hundred day simple moving average is $229.20. The company has a market cap of $89.44 billion, a PE ratio of 12.00, a PEG ratio of 1.17 and a beta of 0.92. The PNC Financial Services Group has a fifty-two week low of $177.08 and a fifty-two week high of $258.96.

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

The PNC Financial Services Group Announces Dividend

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

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.