Prudential Financial, Inc. $PRU Shares Acquired by Strs Ohio

Key Points

• Institutional investor Strs Ohio boosted its stake in Prudential by 128.6%, adding 10,909 shares to hold 19,389 shares worth about $2.19M, while institutions now own roughly 56.8% of the company.
• Prudential beat expectations on adjusted metrics—reporting adjusted EPS of $3.61 vs. $3.09 est. and revenue of $15.23B—and book value per share rose to $91.28, though GAAP net income declined year‑over‑year, making the quarter mixed.
• Analysts have trimmed ratings and price targets (Barclays, BMO, Weiss, JPMorgan and others), leaving a MarketBeat consensus rating of "Reduce" and a $100 consensus target, signaling near‑term sentiment pressure.

Strs Ohio lifted its holdings in shares of Prudential Financial, Inc. (NYSE:PRU - Free Report) by 128.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 19,389 shares of the financial services provider's stock after acquiring an additional 10,909 shares during the period. Strs Ohio's holdings in Prudential Financial were worth $2,189,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in PRU. Sunflower Bank N.A. raised its holdings in Prudential Financial by 3.2% during the fourth quarter. Sunflower Bank N.A. now owns 2,911 shares of the financial services provider's stock worth $329,000 after purchasing an additional 91 shares in the last quarter. Wetzel Investment Advisors Inc. grew its position in shares of Prudential Financial by 0.9% in the 4th quarter. Wetzel Investment Advisors Inc. now owns 10,022 shares of the financial services provider's stock valued at $1,131,000 after buying an additional 94 shares during the last quarter. CIBC Private Wealth Group LLC increased its position in shares of Prudential Financial by 0.3% during the third quarter. CIBC Private Wealth Group LLC now owns 28,795 shares of the financial services provider's stock worth $2,987,000 after purchasing an additional 97 shares in the last quarter. Transcend Capital Advisors LLC increased its position in shares of Prudential Financial by 2.4% during the fourth quarter. Transcend Capital Advisors LLC now owns 4,175 shares of the financial services provider's stock worth $471,000 after purchasing an additional 98 shares in the last quarter. Finally, Mindset Wealth Management LLC lifted its holdings in shares of Prudential Financial by 2.1% in the 3rd quarter. Mindset Wealth Management LLC now owns 4,781 shares of the financial services provider's stock valued at $496,000 after purchasing an additional 100 shares during the last quarter. Hedge funds and other institutional investors own 56.83% of the company's stock.

Analysts Set New Price Targets

Several research analysts have commented on the company. Barclays lowered Prudential Financial from an "equal weight" rating to an "underweight" rating and cut their price target for the stock from $110.00 to $91.00 in a research report on Wednesday, April 22nd. Wall Street Zen lowered shares of Prudential Financial from a "buy" rating to a "hold" rating in a research report on Saturday, January 10th. BMO Capital Markets reduced their price target on shares of Prudential Financial from $91.00 to $87.00 and set an "underperform" rating for the company in a research report on Thursday, April 23rd. Weiss Ratings cut shares of Prudential Financial from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Friday, March 13th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Prudential Financial from $133.00 to $127.00 and set a "neutral" rating on the stock in a research note on Wednesday, February 4th. Nine investment analysts have rated the stock with a Hold rating and six have assigned a Sell rating to the stock. According to MarketBeat.com, Prudential Financial presently has an average rating of "Reduce" and a consensus target price of $100.00.

Prudential Financial Trading Up 2.6%

NYSE:PRU opened at $100.17 on Wednesday. Prudential Financial, Inc. has a 12-month low of $91.89 and a 12-month high of $119.76. 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 stock's 50 day simple moving average is $96.91 and its 200-day simple moving average is $104.57. The firm has a market cap of $34.84 billion, a P/E ratio of 10.02, a PEG ratio of 1.77 and a beta of 0.86.

Prudential Financial (NYSE:PRU - Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The financial services provider reported $3.61 earnings per share for the quarter, topping 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 16.32% and a net margin of 6.20%.During the same period last year, the company earned $3.29 earnings per share. Equities analysts anticipate that Prudential Financial, Inc. will post 13.66 EPS for the current year.

Insiders Place Their Bets

In related news, EVP Jacques Chappuis purchased 1,000 shares of the business's stock in a transaction dated Friday, February 6th. The stock was bought at an average cost of $100.97 per share, with a total value of $100,970.00. Following the completion of the acquisition, the executive vice president directly owned 1,000 shares in the company, valued at $100,970. The trade was a ∞ increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Thomas D. Stoddard acquired 250 shares of the business's stock in a transaction dated Tuesday, February 17th. The stock was purchased at an average cost of $102.97 per share, with a total value of $25,742.50. Following the transaction, the director owned 250 shares of the company's stock, valued at approximately $25,742.50. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders have purchased 1,650 shares of company stock worth $168,841. Corporate insiders own 0.05% of the company's stock.

Key Headlines Impacting Prudential Financial

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

• Positive Sentiment: Q1 beat on adjusted metrics — Prudential reported after‑tax adjusted operating income of $1.278B (adjusted EPS $3.61), beating estimates; revenue came in at $15.23B vs. consensus ~$14.1B, and book value per common share rose to $91.28 (vs. $83.59 a year ago). These beats support near‑term earnings expectations and valuation. Prudential Financial, Inc. Announces First Quarter 2026 Results
• Neutral Sentiment: GAAP net income was lower year‑over‑year ($597M vs. $707M), reflecting items that make the quarter “mixed” on a GAAP basis even as adjusted operating results improved — investors should focus on adjusted operating income and book value trends. Prudential Financial Reports Mixed First-Quarter 2026 Results
• Negative Sentiment: Analyst downgrades and price‑target cuts are weighing on sentiment — Morgan Stanley moved PRU to Underweight and cut its target (to $92), citing valuation pressure from the Japan investigation; that adds downside risk despite the earnings beat. Prudential Downgraded Again. Stock Faces ‘Continued Valuation Pressure' From Japan Probe.
• Negative Sentiment: Wells Fargo also cut its price target and maintains an Underweight view (PT lowered to $93), reinforcing near‑term selling pressure from the analyst community. Analyst Coverage Note

Prudential Financial Company Profile

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.

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