The PNC Financial Services Group (NYSE:PNC - Get Free Report) posted its quarterly earnings data on Tuesday. The financial services provider reported $3.51 EPS for the quarter, beating the consensus estimate of $3.47 by $0.04, Zacks reports. The firm had revenue of $5.45 billion during the quarter, compared to the consensus estimate of $5.50 billion. The PNC Financial Services Group had a return on equity of 11.12% and a net margin of 17.10%. The PNC Financial Services Group updated its Q2 2025 guidance to EPS and its FY 2025 guidance to EPS.
The PNC Financial Services Group Stock Up 0.3 %
Shares of NYSE:PNC traded up $0.51 during midday trading on Friday, hitting $152.05. 3,564,375 shares of the company's stock traded hands, compared to its average volume of 1,988,122. The firm's fifty day moving average price is $173.63 and its two-hundred day moving average price is $189.16. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.81 and a current ratio of 0.81. The PNC Financial Services Group has a twelve month low of $145.12 and a twelve month high of $216.26. The company has a market cap of $60.17 billion, a PE ratio of 11.06, a P/E/G ratio of 1.55 and a beta of 1.04.
The PNC Financial Services Group Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 5th. Stockholders of record on Wednesday, April 16th will be issued a $1.60 dividend. The ex-dividend date of this dividend is Wednesday, April 16th. This represents a $6.40 dividend on an annualized basis and a dividend yield of 4.21%. The PNC Financial Services Group's dividend payout ratio (DPR) is 45.20%.
Insider Activity at The PNC Financial Services Group
In related news, CEO William S. Demchak sold 1,242 shares of the firm's stock in a transaction dated Friday, January 31st. The stock was sold at an average price of $202.11, for a total transaction of $251,020.62. Following the sale, the chief executive officer now directly owns 522,587 shares in the company, valued at approximately $105,620,058.57. This trade represents a 0.24 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In the last three months, insiders sold 11,819 shares of company stock worth $2,127,508. Corporate insiders own 0.41% of the company's stock.
Institutional Trading of The PNC Financial Services Group
An institutional investor recently raised its position in The PNC Financial Services Group stock. Brighton Jones LLC boosted its position in The PNC Financial Services Group, Inc. (NYSE:PNC - Free Report) by 32.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,041 shares of the financial services provider's stock after buying an additional 984 shares during the quarter. Brighton Jones LLC's holdings in The PNC Financial Services Group were worth $779,000 at the end of the most recent quarter. 83.53% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
PNC has been the subject of a number of recent research reports. Citigroup cut their price objective on shares of The PNC Financial Services Group from $235.00 to $200.00 and set a "buy" rating for the company in a report on Monday, March 24th. Keefe, Bruyette & Woods reduced their price target on The PNC Financial Services Group from $195.00 to $185.00 and set an "underperform" rating on the stock in a report on Wednesday. Wells Fargo & Company reduced their target price on shares of The PNC Financial Services Group from $235.00 to $230.00 and set an "overweight" rating on the stock in a research note on Friday, March 28th. Morgan Stanley decreased their price objective on The PNC Financial Services Group from $179.00 to $178.00 and set an "underweight" rating on the stock in a report on Wednesday. Finally, HSBC raised The PNC Financial Services Group from a "hold" rating to a "buy" rating and decreased their price target for the company from $206.00 to $202.00 in a research note on Monday, March 31st. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, The PNC Financial Services Group currently has a consensus rating of "Hold" and a consensus price target of $200.88.
Get Our Latest Analysis on PNC
About The PNC Financial Services Group
(
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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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