Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in shares of Prudential Financial, Inc. (NYSE:PRU - Free Report) by 4.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 735,934 shares of the financial services provider's stock after purchasing an additional 29,720 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.21% of Prudential Financial worth $83,801,000 as of its most recent SEC filing.
Other large investors also recently modified their holdings of the company. Salomon & Ludwin LLC grew its holdings in shares of Prudential Financial by 98.3% during the 4th quarter. Salomon & Ludwin LLC now owns 230 shares of the financial services provider's stock worth $27,000 after purchasing an additional 114 shares in the last quarter. Lodestone Wealth Management LLC acquired a new stake in shares of Prudential Financial during the 4th quarter worth $28,000. Wealth Watch Advisors INC acquired a new stake in shares of Prudential Financial during the 3rd quarter worth $30,000. Dunhill Financial LLC boosted its stake in Prudential Financial by 982.8% in the fourth quarter. Dunhill Financial LLC now owns 314 shares of the financial services provider's stock valued at $35,000 after buying an additional 285 shares in the last quarter. Finally, Darwin Wealth Management LLC acquired a new stake in Prudential Financial in the second quarter valued at about $36,000. 56.83% of the stock is owned by institutional investors and hedge funds.
Insider Transactions at Prudential Financial
In related news, Director Thomas D. Stoddard acquired 250 shares of the stock in a transaction dated Tuesday, February 17th. The stock was bought at an average cost of $102.97 per share, for a total transaction of $25,742.50. Following the completion of the transaction, the director directly owned 250 shares of the company's stock, valued at $25,742.50. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Joseph J. Wolk acquired 400 shares of the stock in a transaction dated Wednesday, February 11th. The shares were bought at an average price of $105.32 per share, with a total value of $42,128.00. Following the completion of the transaction, the director directly owned 400 shares of the company's stock, valued at $42,128. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 0.05% of the stock is owned by company insiders.
Prudential Financial Price Performance
Prudential Financial stock opened at $99.48 on Friday. The company has a current ratio of 0.16, a quick ratio of 0.16 and a debt-to-equity ratio of 0.58. The company has a market capitalization of $34.60 billion, a PE ratio of 10.23, a P/E/G ratio of 1.81 and a beta of 0.86. Prudential Financial, Inc. has a 12 month low of $91.89 and a 12 month high of $119.76. The stock has a 50-day moving average price of $96.87 and a two-hundred day moving average price of $104.57.
Prudential Financial (NYSE:PRU - Get Free Report) last posted its earnings results on Tuesday, May 5th. The financial services provider reported $3.61 EPS for the quarter, beating the consensus estimate of $3.09 by $0.52. The firm had revenue of $15.23 billion during the quarter, compared to the consensus estimate of $14.10 billion. Prudential Financial had a return on equity of 16.33% and a net margin of 5.83%.During the same period last year, the company earned $3.29 earnings per share. Analysts expect that Prudential Financial, Inc. will post 13.66 EPS for the current year.
Analyst Ratings Changes
PRU has been the topic of several research analyst reports. Zacks Research lowered Prudential Financial from a "hold" rating to a "strong sell" rating in a research note on Wednesday, April 29th. Jefferies Financial Group lowered Prudential Financial from a "buy" rating to a "hold" rating and reduced their price objective for the company from $124.00 to $98.00 in a research note on Wednesday, April 22nd. Bank of America reduced their price objective on Prudential Financial from $112.00 to $104.00 and set a "neutral" rating on the stock in a research note on Tuesday, April 14th. UBS Group reduced their price objective on Prudential Financial from $105.00 to $98.00 and set a "neutral" rating on the stock in a research note on Thursday, April 9th. Finally, Keefe, Bruyette & Woods reduced their price objective on Prudential Financial from $104.00 to $100.00 and set a "market perform" rating on the stock in a research note on Thursday, April 23rd. Nine investment analysts have rated the stock with a Hold rating and six have assigned a Sell rating to the stock. According to data from MarketBeat, Prudential Financial currently has an average rating of "Reduce" and an average price target of $99.92.
Check Out Our Latest Analysis on Prudential Financial
Key Prudential Financial News
Here are the key news stories impacting Prudential Financial this week:
About Prudential Financial
(
Free Report)
Prudential Financial, Inc, headquartered in Newark, New Jersey, is a diversified financial services company with roots dating to 1875. The firm provides a range of insurance, retirement and investment products aimed at helping individual and institutional clients manage risk, accumulate and protect wealth, and plan for retirement. Prudential's long history in life insurance and related financial services has positioned it as a major participant in the U.S. insurance market and a provider of services to a broad client base.
Prudential's core business activities include individual life insurance, annuities, retirement solutions and group insurance products for employers.
See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Prudential Financial, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Prudential Financial wasn't on the list.
While Prudential Financial currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for May 2026. Learn which stocks have the most short interest and how to trade them. Click the link to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.