Pinnacle Financial Partners, Inc. $PNFP Shares Sold by Vest Financial LLC

Vest Financial LLC decreased its stake in shares of Pinnacle Financial Partners, Inc. (NYSE:PNFP – Free Report) by 47.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 19,560 shares of the company’s stock after selling 17,361 shares during the quarter. Vest Financial LLC’s holdings in Pinnacle Financial Partners were worth $1,831,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in PNFP. Crossmark Global Holdings Inc. grew its stake in shares of Pinnacle Financial Partners by 4.7% in the third quarter. Crossmark Global Holdings Inc. now owns 7,245 shares of the company’s stock worth $678,000 after acquiring an additional 323 shares during the last quarter. Sowell Financial Services LLC raised its position in shares of Pinnacle Financial Partners by 105.5% in the 3rd quarter. Sowell Financial Services LLC now owns 23,174 shares of the company’s stock worth $2,169,000 after purchasing an additional 11,896 shares during the last quarter. Robeco Institutional Asset Management B.V. raised its position in shares of Pinnacle Financial Partners by 1.8% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 48,172 shares of the company’s stock worth $4,509,000 after purchasing an additional 842 shares during the last quarter. 1834 Investment Advisors Co. boosted its stake in Pinnacle Financial Partners by 28.3% in the 3rd quarter. 1834 Investment Advisors Co. now owns 4,891 shares of the company’s stock worth $458,000 after purchasing an additional 1,080 shares in the last quarter. Finally, Community Trust & Investment Co. boosted its stake in Pinnacle Financial Partners by 3.3% in the 3rd quarter. Community Trust & Investment Co. now owns 159,513 shares of the company’s stock worth $14,932,000 after purchasing an additional 5,050 shares in the last quarter. Hedge funds and other institutional investors own 87.40% of the company’s stock.

Key Stories Impacting Pinnacle Financial Partners

Here are the key news stories impacting Pinnacle Financial Partners this week:

  • Positive Sentiment: Analysts raised price targets and ratings. JPMorgan increased its target from $115 to $125 and maintained an “overweight” rating. TD Cowen raised its target to $118 and upgraded the stock to “buy,” while Robert W. Baird lifted its target to $120 and maintained an “outperform” rating. Morgan Stanley also raised its target to $140 and kept an “overweight” rating. The revisions imply substantial upside and reinforce confidence in PNFP’s earnings outlook. JPMorgan analyst information
  • Positive Sentiment: Third-quarter earnings exceeded expectations. PNFP reported adjusted earnings of $2.69 per share, up from $2.27 a year earlier and above the roughly $2.61–$2.62 consensus estimate. Revenue reached approximately $1.31–$1.32 billion, also exceeding the $1.28 billion forecast. The earnings and revenue beats suggest continued operating momentum. Third-quarter earnings results
  • Positive Sentiment: PNFP added 96 revenue-producing team members during the third quarter, extending its recruiting momentum across the Southeast. The experienced hires could support future loan growth, fee income, and market expansion. Pinnacle adds 96 revenue-producing team members
  • Neutral Sentiment: PNFP updated its fiscal 2026 earnings guidance, but the available announcement does not provide the revised figures, limiting the immediate investor takeaway.
  • Neutral Sentiment: The company announced management changes and added an asset-management team in Naples. These moves may support growth, although their financial impact is not yet quantified. New asset management team in Naples

Analysts Set New Price Targets

PNFP has been the topic of several recent analyst reports. Truist Financial cut their price objective on shares of Pinnacle Financial Partners from $118.00 to $112.00 and set a “buy” rating on the stock in a research report on Friday, October 9th. Morgan Stanley lifted their target price on shares of Pinnacle Financial Partners from $139.00 to $140.00 and gave the stock an “overweight” rating in a report on Friday. Benchmark lifted their target price on shares of Pinnacle Financial Partners from $125.00 to $130.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Weiss Ratings upgraded shares of Pinnacle Financial Partners from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, October 8th. Finally, Wells Fargo & Company upgraded shares of Pinnacle Financial Partners from an “equal weight” rating to an “overweight” rating and set a $118.00 price target on the stock in a report on Wednesday, September 30th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, Pinnacle Financial Partners presently has an average rating of “Moderate Buy” and an average target price of $119.65.

Check Out Our Latest Stock Report on PNFP

Insider Activity at Pinnacle Financial Partners

In related news, Director Gregory G. Montana purchased 500 shares of Pinnacle Financial Partners stock in a transaction on Thursday, September 10th. The stock was acquired at an average price of $98.61 per share, for a total transaction of $49,305.00. Following the completion of the transaction, the director directly owned 4,959 shares in the company, valued at $489,006.99. This represents a 11.21% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Kevin S. Blair acquired 2,565 shares of the firm’s stock in a transaction dated Tuesday, September 1st. The stock was bought at an average cost of $97.48 per share, for a total transaction of $250,036.20. Following the purchase, the chief executive officer directly owned 152,397 shares of the company’s stock, valued at approximately $14,855,659.56. This trade represents a 1.71% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last three months, insiders have sold 177,228 shares of company stock worth $19,153,713. Corporate insiders own 1.30% of the company’s stock.

Pinnacle Financial Partners Price Performance

Shares of NYSE:PNFP opened at $100.57 on Friday. The company has a quick ratio of 0.93, a current ratio of 0.85 and a debt-to-equity ratio of 0.73. The stock has a market capitalization of $7.80 billion, a PE ratio of 13.43, a price-to-earnings-growth ratio of 0.41 and a beta of 1.03. The firm’s 50 day moving average price is $97.81 and its 200-day moving average price is $98.27. Pinnacle Financial Partners, Inc. has a twelve month low of $81.08 and a twelve month high of $110.33.

Pinnacle Financial Partners (NYSE:PNFP – Get Free Report) last issued its quarterly earnings data on Wednesday, October 21st. The company reported $2.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.62 by $0.07. The firm had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.28 billion. Pinnacle Financial Partners had a net margin of 15.97% and a return on equity of 11.33%. Equities research analysts expect that Pinnacle Financial Partners, Inc. will post 10.22 EPS for the current year.

Pinnacle Financial Partners Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Friday, August 7th were given a dividend of $0.50 per share. The ex-dividend date was Friday, August 7th. This represents a $2.00 annualized dividend and a yield of 2.0%. Pinnacle Financial Partners’s payout ratio is 26.70%.

Pinnacle Financial Partners Company Profile

(Free Report)

Pinnacle Financial Partners, Inc is a bank holding company headquartered in Nashville, Tennessee. Through its primary subsidiary, Pinnacle Bank, the company provides banking and financial services to businesses, professionals, entrepreneurs and individuals.

Its offerings include commercial and consumer loans, deposit accounts, treasury and cash-management services, mortgage lending, investment and wealth-management services, trust services and insurance solutions. Pinnacle emphasizes relationship-based banking and serves clients through offices and financial professionals in Tennessee and selected markets in the Carolinas and Virginia.

Founded in 2000, Pinnacle has expanded from its Nashville base into a broader regional banking franchise through organic growth and acquisitions.

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Institutional Ownership by Quarter for Pinnacle Financial Partners (NYSE:PNFP)

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