Impax Asset Management Group plc Raises Stock Position in Pinnacle Financial Partners, Inc. $PNFP

Key Points

• Impax Asset Management boosted its stake in Pinnacle Financial Partners by 21% in Q4, buying 73,176 shares to hold 421,413 shares (about 0.54% of the company) valued at roughly $41.3 million.
• Operational momentum: Pinnacle beat Q1 expectations (EPS $2.39 vs. $2.30; revenue $1.22B vs. $1.20B), outlined 2026 loan growth of ~9–11% tied to the Synovus integration, and received an upgraded $120 price target from JPMorgan.
• Shareholder returns and insider activity: The company announced a $0.50 quarterly dividend (annualized $2.00, ~2.1% yield) and the CFO purchased 1,000 shares, while the stock trades near $95.76 with a market cap of $7.43 billion and a P/E of 13.28.

Impax Asset Management Group plc grew its holdings in Pinnacle Financial Partners, Inc. (NYSE:PNFP - Free Report) by 21.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 421,413 shares of the company's stock after buying an additional 73,176 shares during the period. Impax Asset Management Group plc owned approximately 0.54% of Pinnacle Financial Partners worth $41,298,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. AQR Capital Management LLC boosted its stake in shares of Pinnacle Financial Partners by 1,697.4% during the 3rd quarter. AQR Capital Management LLC now owns 3,267,666 shares of the company's stock worth $306,474,000 after purchasing an additional 3,085,867 shares during the period. Dimensional Fund Advisors LP boosted its holdings in Pinnacle Financial Partners by 6.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 2,680,171 shares of the company's stock valued at $251,376,000 after acquiring an additional 163,269 shares during the period. Wellington Management Group LLP boosted its holdings in Pinnacle Financial Partners by 51.1% during the 3rd quarter. Wellington Management Group LLP now owns 2,156,749 shares of the company's stock valued at $202,281,000 after acquiring an additional 728,975 shares during the period. Nomura Holdings Inc. purchased a new position in Pinnacle Financial Partners during the 3rd quarter valued at $187,822,000. Finally, Bank of America Corp DE boosted its holdings in Pinnacle Financial Partners by 66.8% during the 3rd quarter. Bank of America Corp DE now owns 828,944 shares of the company's stock valued at $77,747,000 after acquiring an additional 332,092 shares during the period. Hedge funds and other institutional investors own 87.40% of the company's stock.

Trending Headlines about Pinnacle Financial Partners

Here are the key news stories impacting Pinnacle Financial Partners this week:

• Positive Sentiment: JPMorgan raised its price target to $120 and kept an "overweight" rating, implying roughly 25% upside from the current price — a clear analyst endorsement. JPMorgan raises PT to $120 - Benzinga
• Positive Sentiment: Q1 results beat expectations: EPS $2.39 vs. $2.30 consensus and revenue $1.22B vs. $1.20B — demonstrates underlying profitability and margin stability. BusinessWire Q1 press release
• Positive Sentiment: Management outlined 2026 loan growth of ~9%–11% and adjusted revenue of $5.0B–$5.2B while integrating Synovus — a concrete growth plan tied to the merger. Pinnacle outlines 2026 loan growth and revenue - Seeking Alpha
• Positive Sentiment: Recruiting momentum: 50 new revenue-producing team members added in 1Q26, supporting future fee and deposit growth. Recruiting growth article - Yahoo Finance
• Neutral Sentiment: Company said it updated FY2026 EPS guidance in its filing/press log, but the entry lacked a reported EPS figure — investors need the detailed guidance release to assess impact.
• Neutral Sentiment: Earnings call transcript, slide deck and industry deep-dive articles provide more color on merger synergies and expense savings; useful for modeling but not new headline catalysts. Q1 earnings call transcript - Seeking Alpha

Pinnacle Financial Partners Stock Down 3.3%

Shares of PNFP opened at $95.76 on Friday. Pinnacle Financial Partners, Inc. has a fifty-two week low of $81.08 and a fifty-two week high of $120.46. The company has a market capitalization of $7.43 billion, a PE ratio of 13.28, a price-to-earnings-growth ratio of 0.33 and a beta of 1.00. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.90 and a quick ratio of 0.89.

Pinnacle Financial Partners (NYSE:PNFP - Get Free Report) last issued its quarterly earnings data on Wednesday, April 22nd. The company reported $2.39 earnings per share for the quarter, topping analysts' consensus estimates of $2.30 by $0.09. The firm had revenue of $1.22 billion during the quarter, compared to analysts' expectations of $1.20 billion. Pinnacle Financial Partners had a return on equity of 10.61% and a net margin of 15.02%. As a group, sell-side analysts anticipate that Pinnacle Financial Partners, Inc. will post 10.3 earnings per share for the current fiscal year.

Pinnacle Financial Partners Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 1st will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, May 1st. This represents a $2.00 dividend on an annualized basis and a yield of 2.1%. Pinnacle Financial Partners's dividend payout ratio is presently 27.74%.

Insider Buying and Selling

In other news, CFO Andrew J. Jr. Gregory bought 1,000 shares of the firm's stock in a transaction that occurred on Thursday, February 12th. The stock was bought at an average price of $94.52 per share, with a total value of $94,520.00. Following the completion of the transaction, the chief financial officer directly owned 49,485 shares of the company's stock, valued at approximately $4,677,322.20. The trade was a 2.06% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.46% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities analysts recently issued reports on PNFP shares. Barclays dropped their price objective on Pinnacle Financial Partners from $135.00 to $130.00 and set an "overweight" rating for the company in a report on Tuesday, April 7th. DA Davidson initiated coverage on shares of Pinnacle Financial Partners in a research report on Monday, January 5th. They issued a "neutral" rating and a $110.00 price objective for the company. Truist Financial set a $100.00 price objective on shares of Pinnacle Financial Partners in a research report on Friday, January 9th. TD Cowen raised shares of Pinnacle Financial Partners to a "strong-buy" rating in a research report on Monday, April 13th. Finally, JPMorgan Chase & Co. upped their target price on Pinnacle Financial Partners from $105.00 to $120.00 and gave the stock an "overweight" rating in a report on Friday. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $113.81.

Pinnacle Financial Partners Profile

Pinnacle Financial Partners NYSE: PNFP is a bank holding company headquartered in Nashville, Tennessee, that provides a broad range of commercial and consumer banking services. Founded in 2000, the company operates through a network of banking offices and digital channels to serve individuals, small and middle-market businesses, and institutional clients. Pinnacle’s business model emphasizes relationship-based banking and tailored financial solutions for commercial borrowers and deposit customers.

The company’s product and service offerings include commercial and residential lending, treasury and payment solutions, deposit accounts, mortgage services, and cash management.

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