The PNC Financial Services Group, Inc (NYSE:PNC - Free Report) - Analysts at Zacks Research cut their Q2 2025 earnings estimates for The PNC Financial Services Group in a research report issued on Wednesday, July 2nd. Zacks Research analyst R. Department now expects that the financial services provider will post earnings per share of $3.57 for the quarter, down from their prior forecast of $3.63. The consensus estimate for The PNC Financial Services Group's current full-year earnings is $15.37 per share. Zacks Research also issued estimates for The PNC Financial Services Group's Q3 2025 earnings at $3.91 EPS, Q4 2025 earnings at $3.97 EPS, FY2025 earnings at $14.97 EPS, Q1 2026 earnings at $3.96 EPS, Q2 2026 earnings at $4.01 EPS, Q3 2026 earnings at $4.23 EPS, Q4 2026 earnings at $4.41 EPS, FY2026 earnings at $16.62 EPS and Q1 2027 earnings at $4.22 EPS.
The PNC Financial Services Group (NYSE:PNC - Get Free Report) last released its quarterly earnings results on Tuesday, April 15th. The financial services provider reported $3.51 EPS for the quarter, beating analysts' consensus estimates of $3.47 by $0.04. The PNC Financial Services Group had a net margin of 17.68% and a return on equity of 10.95%. The company had revenue of $5.45 billion for the quarter, compared to analyst estimates of $5.50 billion.
Other equities analysts have also recently issued reports about the stock. Citigroup cut their target price on shares of The PNC Financial Services Group from $235.00 to $200.00 and set a "buy" rating for the company in a research note on Monday, March 24th. Wolfe Research reiterated a "peer perform" rating on shares of The PNC Financial Services Group in a research note on Thursday. Truist Financial cut their target price on shares of The PNC Financial Services Group from $208.00 to $189.00 and set a "hold" rating for the company in a research note on Wednesday, April 16th. Morgan Stanley cut their target price on shares of The PNC Financial Services Group from $179.00 to $178.00 and set an "underweight" rating for the company in a research note on Wednesday, April 16th. Finally, JPMorgan Chase & Co. cut their target price on shares of The PNC Financial Services Group from $212.50 to $189.00 and set an "overweight" rating for the company in a research note on Thursday, April 3rd. Two research analysts have rated the stock with a sell rating, six have given a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, The PNC Financial Services Group currently has a consensus rating of "Moderate Buy" and a consensus price target of $206.35.
View Our Latest Report on PNC
The PNC Financial Services Group Stock Performance
Shares of NYSE:PNC traded down $0.61 during trading on Friday, reaching $195.10. The stock had a trading volume of 1,863,484 shares, compared to its average volume of 2,109,370. The PNC Financial Services Group has a 52 week low of $145.12 and a 52 week high of $216.26. The firm has a market capitalization of $77.18 billion, a price-to-earnings ratio of 13.78, a P/E/G ratio of 1.66 and a beta of 1.07. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 1.08. The stock has a fifty day simple moving average of $175.10 and a two-hundred day simple moving average of $180.09.
Institutional Investors Weigh In On The PNC Financial Services Group
Several institutional investors and hedge funds have recently made changes to their positions in the company. Brighton Jones LLC lifted its position in The PNC Financial Services Group by 32.2% during the 4th quarter. Brighton Jones LLC now owns 4,041 shares of the financial services provider's stock worth $779,000 after buying an additional 984 shares in the last quarter. Fisher Asset Management LLC lifted its position in The PNC Financial Services Group by 4.0% during the 4th quarter. Fisher Asset Management LLC now owns 3,737 shares of the financial services provider's stock worth $721,000 after buying an additional 143 shares in the last quarter. SBI Securities Co. Ltd. acquired a new position in The PNC Financial Services Group during the 4th quarter worth about $191,000. Steward Partners Investment Advisory LLC lifted its position in The PNC Financial Services Group by 40.5% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 15,674 shares of the financial services provider's stock worth $3,023,000 after buying an additional 4,515 shares in the last quarter. Finally, Cookson Peirce & Co. Inc. lifted its position in The PNC Financial Services Group by 209.4% during the 4th quarter. Cookson Peirce & Co. Inc. now owns 5,690 shares of the financial services provider's stock worth $1,097,000 after buying an additional 3,851 shares in the last quarter. Institutional investors and hedge funds own 83.53% of the company's stock.
Insider Activity
In other news, CEO William S. Demchak sold 1,242 shares of the business's stock in a transaction on Friday, May 23rd. The shares were sold at an average price of $169.75, for a total value of $210,829.50. Following the sale, the chief executive officer owned 554,879 shares in the company, valued at approximately $94,190,710.25. The trade was a 0.22% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Kieran John Fallon sold 1,492 shares of the business's stock in a transaction on Monday, May 12th. The shares were sold at an average price of $174.56, for a total transaction of $260,443.52. Following the completion of the sale, the executive vice president owned 20,490 shares in the company, valued at $3,576,734.40. This represents a 6.79% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 10,787 shares of company stock worth $1,782,794. Corporate insiders own 0.41% of the company's stock.
The PNC Financial Services Group Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, August 5th. Stockholders of record on Tuesday, July 15th will be paid a $1.70 dividend. This represents a $6.80 annualized dividend and a dividend yield of 3.49%. This is an increase from The PNC Financial Services Group's previous quarterly dividend of $1.60. The PNC Financial Services Group's payout ratio is currently 45.20%.
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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