Rep. Julie Johnson Sells Off Shares of The PNC Financial Services Group, Inc (NYSE:PNC)

Key Points

• Representative Julie Johnson sold shares of The PNC Financial Services Group (NYSE: PNC) valued between $1,001 and $15,000 on August 14th, as disclosed in a filing on September 11th.
• The PNC Financial Services Group announced an increase in its quarterly dividend from $1.60 to $1.70 per share, representing an annualized dividend of $6.80 and a dividend yield of 3.4%.
• The PNC Financial Services Group's stock price recently declined 0.3% to $202.15, and it has a 12-month high of $216.26 and a low of $145.12.

Representative Julie Johnson (D-Texas) recently sold shares of The PNC Financial Services Group, Inc NYSE: PNC. In a filing disclosed on September 11th, the Representative disclosed that they had sold between $1,001 and $15,000 in The PNC Financial Services Group stock on August 14th. The trade occurred in the Representative's "CHASE BROKERAGE ACCOUNT (3935)" account.

Representative Julie Johnson also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of McDonald's NYSE: MCD on 8/14/2025.
• Sold $1,001 - $15,000 in shares of Eli Lilly and Company NYSE: LLY on 8/14/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/14/2025.
• Sold $1,001 - $15,000 in shares of Parker-Hannifin NYSE: PH on 8/14/2025.
• Sold $1,001 - $15,000 in shares of Charles Schwab NYSE: SCHW on 8/14/2025.
• Sold $1,001 - $15,000 in shares of Fidelity National Information Services NYSE: FIS on 8/14/2025.
• Sold $1,001 - $15,000 in shares of ConocoPhillips NYSE: COP on 8/14/2025.
• Sold $1,001 - $15,000 in shares of Home Depot NYSE: HD on 8/14/2025.
• Sold $1,001 - $15,000 in shares of Dover NYSE: DOV on 8/14/2025.
• Sold $1,001 - $15,000 in shares of UnitedHealth Group NYSE: UNH on 8/14/2025.

The PNC Financial Services Group Stock Down 0.3%

The PNC Financial Services Group stock traded down $0.60 during midday trading on Friday, hitting $202.15. The stock had a trading volume of 1,015,305 shares, compared to its average volume of 1,509,861. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 0.99. The business has a fifty day moving average price of $196.88 and a 200 day moving average price of $180.42. The PNC Financial Services Group, Inc has a 12 month low of $145.12 and a 12 month high of $216.26. The stock has a market cap of $79.61 billion, a P/E ratio of 13.83, a P/E/G ratio of 1.49 and a beta of 1.11.

The PNC Financial Services Group (NYSE:PNC - Get Free Report) last released its earnings results on Wednesday, July 16th. The financial services provider reported $3.85 earnings per share for the quarter, topping analysts' consensus estimates of $3.56 by $0.29. The firm had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $5.61 billion. The PNC Financial Services Group had a return on equity of 11.07% and a net margin of 18.33%.The firm's revenue for the quarter was up 4.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.39 earnings per share. The PNC Financial Services Group has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Research analysts predict that The PNC Financial Services Group, Inc will post 15.37 EPS for the current year.

The PNC Financial Services Group Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, August 5th. Stockholders of record on Tuesday, July 15th were given a dividend of $1.70 per share. The ex-dividend date of this dividend was Tuesday, July 15th. This is a positive change from The PNC Financial Services Group's previous quarterly dividend of $1.60. This represents a $6.80 dividend on an annualized basis and a dividend yield of 3.4%. The PNC Financial Services Group's dividend payout ratio is presently 46.51%.

Analyst Ratings Changes

A number of brokerages recently issued reports on PNC. Citigroup upped their price objective on shares of The PNC Financial Services Group from $205.00 to $217.00 and gave the stock a "buy" rating in a report on Thursday, July 17th. Wolfe Research reissued a "peer perform" rating on shares of The PNC Financial Services Group in a report on Thursday, July 3rd. The Goldman Sachs Group raised their price objective on shares of The PNC Financial Services Group from $178.00 to $196.00 and gave the company a "neutral" rating in a research note on Wednesday, July 2nd. Truist Financial boosted their price objective on shares of The PNC Financial Services Group from $189.00 to $198.00 and gave the company a "hold" rating in a research report on Wednesday, July 9th. Finally, Keefe, Bruyette & Woods upgraded shares of The PNC Financial Services Group from an "underperform" rating to a "market perform" rating and upped their price target for the company from $185.00 to $212.00 in a research note on Wednesday, July 9th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, The PNC Financial Services Group has a consensus rating of "Moderate Buy" and an average price target of $213.67.

Institutional Trading of The PNC Financial Services Group

Several hedge funds have recently added to or reduced their stakes in the stock. Saudi Central Bank purchased a new position in The PNC Financial Services Group during the first quarter valued at approximately $27,000. IMG Wealth Management Inc. bought a new stake in shares of The PNC Financial Services Group in the 2nd quarter worth approximately $27,000. Concord Wealth Partners raised its holdings in The PNC Financial Services Group by 144.9% during the 2nd quarter. Concord Wealth Partners now owns 169 shares of the financial services provider's stock valued at $32,000 after buying an additional 100 shares during the last quarter. Cornerstone Planning Group LLC raised its holdings in The PNC Financial Services Group by 50.8% during the 1st quarter. Cornerstone Planning Group LLC now owns 193 shares of the financial services provider's stock valued at $34,000 after buying an additional 65 shares during the last quarter. Finally, Opal Wealth Advisors LLC bought a new stake in The PNC Financial Services Group during the 1st quarter valued at $35,000. Institutional investors own 83.53% of the company's stock.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas' 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027. Johnson (Democratic Party) ran for election to the U.S. House to represent Texas' 32nd Congressional District. She won in the general election on November 5, 2024. Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson's career experience includes working as an attorney.

The PNC Financial Services Group Company Profile

The PNC Financial Services Group, Inc operates as a diversified financial services company in the United States. It operates through three segments: Retail Banking, Corporate & Institutional Banking, and Asset Management Group segments. The company's Retail Banking segment offers checking, savings, and money market accounts, as well as time deposit; residential mortgages, home equity loans and lines of credit, auto loans, credit cards, education loans, and personal and small business loans and lines of credit; and brokerage, insurance, and investment and cash management services.

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