DOWLING & PARTN Has Bearish Forecast for PRU FY2026 Earnings

Prudential Financial, Inc. (NYSE:PRU) – Investment analysts at DOWLING & PARTN reduced their FY2026 earnings estimates for Prudential Financial in a note issued to investors on Tuesday, October 13th. DOWLING & PARTN analyst J. Hurwitz now forecasts that the financial services provider will post earnings of $14.65 per share for the year, down from their prior forecast of $14.90. The consensus estimate for Prudential Financial’s current full-year earnings is $14.50 per share. DOWLING & PARTN also issued estimates for Prudential Financial’s FY2027 earnings at $14.60 EPS and FY2028 earnings at $16.15 EPS.

Prudential Financial (NYSE:PRU) last issued its quarterly earnings data on Tuesday, August 4th. The financial services provider reported $4.08 earnings per share for the quarter, topping the consensus estimate of $3.52 by $0.56. The firm had revenue of $14.15 billion for the quarter, compared to analysts’ expectations of $14.36 billion. Prudential Financial had a net margin of 6.51% and a return on equity of 16.68%. During the same period in the prior year, the firm earned $3.58 earnings per share.

PRU has been the topic of several other reports. Wall Street Zen downgraded Prudential Financial from a “buy” rating to a “hold” rating in a report on Monday, September 28th. JPMorgan Chase & Co. dropped their price target on Prudential Financial from $131.00 to $127.00 and set a “neutral” rating for the company in a report on Thursday. Jefferies Financial Group raised their price target on Prudential Financial from $105.00 to $110.00 and gave the company a “hold” rating in a report on Friday, July 10th. Wells Fargo & Company cut their price objective on Prudential Financial from $110.00 to $104.00 and set an “underweight” rating for the company in a research report on Monday. Finally, Mizuho set a $108.00 price objective on Prudential Financial in a research note on Monday. One investment analyst has rated the stock with a Buy rating, ten have issued a Hold rating and five have given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Reduce” and an average price target of $108.15.

Prudential Financial Stock Performance

NYSE PRU opened at $116.38 on Friday. Prudential Financial has a 1-year low of $91.89 and a 1-year high of $127.72. The company has a 50 day moving average of $118.56 and a 200-day moving average of $110.75. The company has a current ratio of 0.16, a quick ratio of 0.16 and a debt-to-equity ratio of 0.62. The firm has a market cap of $40.15 billion, a price-to-earnings ratio of 10.54, a PEG ratio of 1.68 and a beta of 0.85.

Prudential Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Tuesday, August 25th were paid a $1.40 dividend. The ex-dividend date of this dividend was Tuesday, August 25th. This represents a $5.60 dividend on an annualized basis and a dividend yield of 4.8%. Prudential Financial’s payout ratio is currently 50.72%.

Insider Transactions at Prudential Financial

In other news, major shareholder Insurance Co Of Ame Prudential sold 214,746 shares of the company’s stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $24.75, for a total transaction of $5,314,963.50. Following the transaction, the insider directly owned 7,973,657 shares in the company, valued at approximately $197,348,010.75. This represents a 2.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Ann Kappler sold 7,652 shares of the company’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $125.01, for a total transaction of $956,576.52. Following the transaction, the executive vice president owned 14,407 shares in the company, valued at $1,801,019.07. The trade was a 34.69% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.05% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. BlackRock Inc. acquired a new position in Prudential Financial during the 2nd quarter worth $3,507,481,000. State Street Corp increased its stake in shares of Prudential Financial by 1.2% in the 2nd quarter. State Street Corp now owns 17,164,760 shares of the financial services provider’s stock valued at $1,852,593,000 after buying an additional 209,179 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of Prudential Financial by 4.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,758,545 shares of the financial services provider’s stock valued at $367,089,000 after buying an additional 166,641 shares during the period. Arrowstreet Capital Limited Partnership raised its position in shares of Prudential Financial by 95.3% during the first quarter. Arrowstreet Capital Limited Partnership now owns 2,556,748 shares of the financial services provider’s stock worth $249,769,000 after acquiring an additional 1,247,371 shares during the last quarter. Finally, Bank of New York Mellon Corp bought a new stake in shares of Prudential Financial during the second quarter worth $209,055,000. Institutional investors and hedge funds own 56.83% of the company’s stock.

About Prudential Financial

Prudential Financial, Inc (NYSE: PRU) is a global financial services company that provides insurance, retirement, investment management and related financial products. Founded in 1875 and headquartered in Newark, New Jersey, the company serves individual, institutional and workplace customers through businesses in the United States and selected international markets.

In the United States, Prudential offers life insurance, annuities, retirement plans and group insurance products, including coverage for employees and their families.