Radnor Capital Management LLC Sells 160 Shares of The PNC Financial Services Group, Inc $PNC

Radnor Capital Management LLC reduced its position in The PNC Financial Services Group, Inc (NYSE:PNC) by 1.3% during the second quarter, HoldingsChannel reports. The firm owned 12,504 shares of the financial services provider’s stock after selling 160 shares during the period. Radnor Capital Management LLC’s holdings in The PNC Financial Services Group were worth $2,331,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of PNC. Massachusetts Financial Services Co. MA boosted its stake in shares of The PNC Financial Services Group by 26.1% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 9,502,467 shares of the financial services provider’s stock valued at $1,670,249,000 after purchasing an additional 1,964,157 shares during the last quarter. Nuveen LLC bought a new stake in shares of The PNC Financial Services Group in the 1st quarter valued at $306,905,000. GAMMA Investing LLC boosted its stake in shares of The PNC Financial Services Group by 19,279.5% in the 1st quarter. GAMMA Investing LLC now owns 1,149,008 shares of the financial services provider’s stock valued at $201,961,000 after purchasing an additional 1,143,079 shares during the last quarter. Amundi boosted its stake in shares of The PNC Financial Services Group by 76.1% in the 1st quarter. Amundi now owns 2,186,073 shares of the financial services provider’s stock valued at $352,592,000 after purchasing an additional 944,731 shares during the last quarter. Finally, AQR Capital Management LLC boosted its stake in shares of The PNC Financial Services Group by 187.3% in the 1st quarter. AQR Capital Management LLC now owns 1,421,434 shares of the financial services provider’s stock valued at $245,055,000 after purchasing an additional 926,709 shares during the last quarter. 83.53% of the stock is owned by institutional investors.

Analyst Ratings Changes

PNC has been the topic of a number of analyst reports. Piper Sandler upped their price objective on shares of The PNC Financial Services Group from $200.00 to $211.00 and gave the company a “neutral” rating in a research note on Wednesday, September 10th. The Goldman Sachs Group boosted their target price on shares of The PNC Financial Services Group from $178.00 to $196.00 and gave the company a “neutral” rating in a research report on Wednesday, July 2nd. Keefe, Bruyette & Woods upgraded shares of The PNC Financial Services Group from an “underperform” rating to a “market perform” rating and boosted their target price for the company from $185.00 to $212.00 in a research report on Wednesday, July 9th. Wall Street Zen upgraded shares of The PNC Financial Services Group from a “sell” rating to a “hold” rating in a research report on Friday, July 18th. Finally, Citigroup boosted their target price on shares of The PNC Financial Services Group from $205.00 to $217.00 and gave the company a “buy” rating in a research report on Thursday, July 17th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $213.67.

The PNC Financial Services Group Stock Performance

NYSE PNC opened at $200.95 on Wednesday. The PNC Financial Services Group, Inc has a 1 year low of $145.12 and a 1 year high of $216.26. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.80 and a quick ratio of 0.80. The firm has a market cap of $79.14 billion, a price-to-earnings ratio of 13.74, a PEG ratio of 1.49 and a beta of 1.11. The company has a fifty day moving average price of $197.06 and a 200-day moving average price of $180.64.

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

The PNC Financial Services Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, August 5th. Investors of record on Tuesday, July 15th were given a dividend of $1.70 per share. The ex-dividend date was Tuesday, July 15th. This is an increase from The PNC Financial Services Group’s previous quarterly dividend of $1.60. This represents a $6.80 annualized dividend and a yield of 3.4%. The PNC Financial Services Group’s dividend payout ratio (DPR) is currently 46.51%.

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.