Prudential Financial (NYSE:PRU) Stock Price Target Lowered at Mizuho

Key Points

• Mizuho lowered Prudential Financial’s price target to $109 from $113 while maintaining a “neutral” rating, implying about 2.65% downside from the stock’s $111.97 price.
• Analyst sentiment remains cautious: Prudential has a consensus “Reduce” rating, with one Buy, 10 Hold and five Sell ratings, and a consensus price target of $109.62.
• Prudential’s latest quarterly results exceeded expectations, reporting EPS of $4.08 versus the $3.52 consensus estimate, though revenue of $14.15 billion fell short of forecasts.

Prudential Financial (NYSE:PRU - Get Free Report) had its price target cut by analysts at Mizuho from $113.00 to $109.00 in a research report issued on Wednesday, Benzinga reports. The brokerage currently has a "neutral" rating on the financial services provider's stock. Mizuho's price objective suggests a potential downside of 2.65% from the stock's current price.

Several other equities research analysts also recently issued reports on PRU. Jefferies Financial Group raised their price target on Prudential Financial from $105.00 to $110.00 and gave the company a "hold" rating in a report on Friday, July 10th. TD Cowen increased their price objective on shares of Prudential Financial from $102.00 to $114.00 and gave the company a "hold" rating in a research report on Wednesday, July 22nd. JPMorgan Chase & Co. raised their target price on shares of Prudential Financial from $129.00 to $131.00 and gave the stock a "neutral" rating in a research note on Monday, August 17th. Morgan Stanley upped their price target on shares of Prudential Financial from $92.00 to $105.00 and gave the company an "underweight" rating in a research note on Monday, August 24th. Finally, Piper Sandler increased their price target on shares of Prudential Financial from $110.00 to $128.00 and gave the company a "neutral" rating in a report on Tuesday, August 11th. One equities research analyst has rated the stock with a Buy rating, ten have given a Hold rating and five have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Reduce" and a consensus price target of $109.62.

Prudential Financial Stock Performance

Prudential Financial stock traded down $1.57 during midday trading on Wednesday, reaching $111.97. 565,239 shares of the company's stock were exchanged, compared to its average volume of 2,030,028. The stock's 50-day simple moving average is $119.77 and its 200 day simple moving average is $109.78. The firm has a market cap of $38.63 billion, a price-to-earnings ratio of 10.14, a P/E/G ratio of 1.70 and a beta of 0.85. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.16 and a current ratio of 0.16. Prudential Financial has a 52 week low of $91.89 and a 52 week high of $127.72.

Prudential Financial (NYSE:PRU - Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The financial services provider reported $4.08 earnings per share (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 company had revenue of $14.15 billion during the quarter, compared to analysts' expectations of $14.36 billion. During the same period last year, the firm posted $3.58 earnings per share. On average, analysts expect that Prudential Financial will post 14.54 earnings per share for the current fiscal year.

Insider Transactions at Prudential Financial

In other Prudential Financial 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 transaction of $5,314,963.50. Following the transaction, the insider owned 7,973,657 shares in the company, valued at $197,348,010.75. This represents a 2.62% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Ann Kappler sold 7,652 shares of the firm's stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $125.01, for a total transaction of $956,576.52. Following the transaction, the executive vice president directly owned 14,407 shares in the company, valued at $1,801,019.07. This represents a 34.69% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.05% of the company's stock.

Institutional Trading of Prudential Financial

Several large investors have recently modified their holdings of PRU. Plimoth Trust Co. LLC boosted its stake in Prudential Financial by 2.4% in the second quarter. Plimoth Trust Co. LLC now owns 3,860 shares of the financial services provider's stock valued at $417,000 after acquiring an additional 90 shares during the period. Security National Bank of SO Dak boosted its position in Prudential Financial by 0.6% during the 2nd quarter. Security National Bank of SO Dak now owns 14,676 shares of the financial services provider's stock valued at $1,584,000 after purchasing an additional 90 shares during the period. Keating Financial Advisory Services Inc. grew its stake in Prudential Financial by 34.8% during the 2nd quarter. Keating Financial Advisory Services Inc. now owns 395 shares of the financial services provider's stock worth $43,000 after buying an additional 102 shares during the last quarter. Apella Capital LLC lifted its stake in Prudential Financial by 3.7% in the first quarter. Apella Capital LLC now owns 2,979 shares of the financial services provider's stock valued at $303,000 after buying an additional 106 shares during the last quarter. Finally, Investment Research Partners LLC boosted its holdings in shares of Prudential Financial by 1.8% during the fourth quarter. Investment Research Partners LLC now owns 6,503 shares of the financial services provider's stock valued at $734,000 after acquiring an additional 115 shares during the period. 56.83% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Prudential Financial

Here are the key news stories impacting Prudential Financial this week:

• Positive Sentiment: Prudential agreed to a $5 billion reinsurance transaction with Prismic Life. The deal is intended to transfer selected liabilities and improve capital flexibility, potentially creating a repeatable strategy for managing capital and risk. PRU's $5B Prismic Deal Signals a Broader Capital-Management Strategy
• Positive Sentiment: Prudential has a history of beating earnings estimates, and Zacks believes its earnings-surprise indicators point to a potential beat in the upcoming quarterly report. Its most recent reported quarter also exceeded consensus EPS estimates.
• Positive Sentiment: Recent technical coverage noted that PRU moved above its 200-day moving average, a signal that can support longer-term investor confidence. Prudential Financial Share Price Breaks Above 200-Day Moving Average
• Neutral Sentiment: Prudential will report third-quarter 2026 results after the market closes on November 3. Investors may remain focused on earnings expectations and commentary on the reinsurance transaction ahead of that release. Prudential Financial to Announce Third Quarter 2026 Earnings
• Neutral Sentiment: Industry commentary remains broadly favorable toward multiline insurers, citing improved pricing, product redesigns and technology investments, although the article does not provide a company-specific catalyst.
• Negative Sentiment: Barclays raised its PRU price target from $92 to $96 but maintained an “underweight” rating. The revised target still implies approximately 14% downside from the referenced market price, reinforcing concerns about valuation or near-term performance.

About Prudential Financial

Prudential Financial, Inc NYSE: PRU is a global financial services company that provides insurance, retirement, investment management and related financial products. Founded in 1875 and headquartered in Newark, New Jersey, the company serves individual, institutional and workplace customers through businesses in the United States and selected international markets.

In the United States, Prudential offers life insurance, annuities, retirement plans and group insurance products, including coverage for employees and their families.

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