BSW Wealth Partners Sells 1,007 Shares of The PNC Financial Services Group, Inc $PNC

BSW Wealth Partners cut its holdings in shares of The PNC Financial Services Group, Inc (NYSE:PNC) by 23.9% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,209 shares of the financial services provider’s stock after selling 1,007 shares during the period. BSW Wealth Partners’ holdings in The PNC Financial Services Group were worth $598,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of PNC. Avior Wealth Management LLC boosted its holdings in The PNC Financial Services Group by 4.5% during the second quarter. Avior Wealth Management LLC now owns 1,213 shares of the financial services provider’s stock worth $226,000 after purchasing an additional 52 shares during the last quarter. Rockland Trust Co. lifted its position in The PNC Financial Services Group by 0.5% during the 2nd quarter. Rockland Trust Co. now owns 10,499 shares of the financial services provider’s stock worth $1,957,000 after buying an additional 53 shares in the last quarter. Kestra Investment Management LLC boosted its stake in shares of The PNC Financial Services Group by 11.4% during the 1st quarter. Kestra Investment Management LLC now owns 566 shares of the financial services provider’s stock worth $99,000 after buying an additional 58 shares during the last quarter. Bank of Stockton grew its holdings in shares of The PNC Financial Services Group by 1.2% in the 2nd quarter. Bank of Stockton now owns 4,849 shares of the financial services provider’s stock valued at $904,000 after acquiring an additional 58 shares in the last quarter. Finally, Venture Visionary Partners LLC increased its position in shares of The PNC Financial Services Group by 2.2% in the second quarter. Venture Visionary Partners LLC now owns 2,677 shares of the financial services provider’s stock valued at $499,000 after acquiring an additional 58 shares during the last quarter. 83.53% of the stock is owned by institutional investors and hedge funds.

The PNC Financial Services Group Trading Down 1.1%

PNC stock opened at $198.64 on Thursday. 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 company has a fifty day moving average price of $198.58 and a two-hundred day moving average price of $182.62. The PNC Financial Services Group, Inc has a one year low of $145.12 and a one year high of $216.26. The stock has a market cap of $78.23 billion, a price-to-earnings ratio of 13.59, a price-to-earnings-growth ratio of 1.48 and a beta of 1.11.

The PNC Financial Services Group (NYSE:PNC) last issued its quarterly earnings data on Wednesday, July 16th. The financial services provider reported $3.85 earnings per share for the quarter, beating the consensus estimate of $3.56 by $0.29. The company had revenue of $3.01 billion for the quarter, compared to analyst estimates of $5.61 billion. The PNC Financial Services Group had a net margin of 18.33% and a return on equity of 11.07%. The company’s revenue was up 4.6% on a year-over-year basis. During the same period in the prior year, the firm earned $3.39 earnings per share. The PNC Financial Services Group has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Equities analysts anticipate that The PNC Financial Services Group, Inc will post 15.37 EPS for the current year.

Analysts Set New Price Targets

Several research analysts recently commented on PNC shares. Wall Street Zen raised The PNC Financial Services Group from a “sell” rating to a “hold” rating in a research report on Friday, July 18th. Truist Financial increased their price objective on The PNC Financial Services Group from $201.00 to $210.00 and gave the company a “hold” rating in a report on Wednesday, September 24th. Citigroup raised their target price on shares of The PNC Financial Services Group from $217.00 to $230.00 and gave the company a “buy” rating in a research note on Tuesday, September 23rd. Evercore ISI upped their price target on shares of The PNC Financial Services Group from $220.00 to $230.00 and gave the stock an “outperform” rating in a research report on Tuesday. Finally, Keefe, Bruyette & Woods upgraded shares of The PNC Financial Services Group from an “underperform” rating to a “market perform” rating and increased their price target for the company from $185.00 to $212.00 in a research note on Wednesday, July 9th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $216.56.

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.