The PNC Financial Services Group (NYSE:PNC) Price Target Raised to $250.00 at TD Cowen

The PNC Financial Services Group (NYSE:PNC) had its target price lifted by stock analysts at TD Cowen from $235.00 to $250.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The brokerage presently has a “buy” rating on the financial services provider’s stock. TD Cowen’s target price indicates a potential upside of 15.31% from the company’s previous close.

Several other brokerages have also commented on PNC. Oppenheimer lowered their price objective on shares of The PNC Financial Services Group from $240.00 to $231.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 19th. Weiss Ratings reissued a “buy (b)” rating on shares of The PNC Financial Services Group in a report on Monday, December 22nd. Keefe, Bruyette & Woods raised their target price on The PNC Financial Services Group from $215.00 to $228.00 and gave the stock a “market perform” rating in a research report on Wednesday, December 17th. Truist Financial upped their price target on The PNC Financial Services Group from $210.00 to $229.00 and gave the company a “hold” rating in a research report on Thursday, December 18th. Finally, Citigroup upped their price objective on shares of The PNC Financial Services Group from $217.00 to $230.00 and gave the company a “buy” rating in a report on Tuesday, September 23rd. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, five have given a Hold rating and one has given 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 $222.06.

The PNC Financial Services Group Stock Down 0.6%

Shares of NYSE PNC traded down $1.24 during trading on Wednesday, hitting $216.80. The stock had a trading volume of 487,519 shares, compared to its average volume of 2,053,588. The firm has a fifty day moving average of $197.32 and a two-hundred day moving average of $195.62. The company has a market capitalization of $85.02 billion, a PE ratio of 14.01, a PEG ratio of 1.08 and a beta of 0.99. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.81 and a quick ratio of 0.81. The PNC Financial Services Group has a 12 month low of $145.12 and a 12 month high of $219.74.

The PNC Financial Services Group (NYSE:PNC) last issued its quarterly earnings results on Wednesday, October 15th. The financial services provider reported $4.35 EPS for the quarter, beating analysts’ consensus estimates of $4.05 by $0.30. The PNC Financial Services Group had a return on equity of 11.47% and a net margin of 19.30%.The company had revenue of $5.92 billion during the quarter, compared to the consensus estimate of $5.82 billion. During the same period last year, the business posted $3.49 earnings per share. The PNC Financial Services Group’s revenue was up 8.9% on a year-over-year basis. As a group, equities research analysts forecast that The PNC Financial Services Group will post 15.37 EPS for the current fiscal year.

Insider Transactions at The PNC Financial Services Group

In other The PNC Financial Services Group news, EVP Guild Deborah sold 1,080 shares of the firm’s stock in a transaction dated Friday, October 24th. The stock was sold at an average price of $186.97, for a total value of $201,927.60. Following the transaction, the executive vice president directly owned 27,335 shares of the company’s stock, valued at approximately $5,110,824.95. This trade represents a 3.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Michael Duane Thomas sold 1,000 shares of the stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $183.57, for a total transaction of $183,570.00. Following the completion of the transaction, the executive vice president owned 5,802 shares in the company, valued at $1,065,073.14. This trade represents a 14.70% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.41% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On The PNC Financial Services Group

A number of hedge funds have recently modified their holdings of the business. Brighton Jones LLC increased its position in The PNC Financial Services Group by 32.2% in the fourth 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. Integrated Wealth Concepts LLC grew its stake in shares of The PNC Financial Services Group by 2.7% during the 1st quarter. Integrated Wealth Concepts LLC now owns 7,355 shares of the financial services provider’s stock valued at $1,293,000 after acquiring an additional 196 shares during the period. Kestra Investment Management LLC increased its holdings in The PNC Financial Services Group by 11.4% in the 1st quarter. Kestra Investment Management LLC now owns 566 shares of the financial services provider’s stock worth $99,000 after acquiring an additional 58 shares in the last quarter. MBB Public Markets I LLC bought a new stake in The PNC Financial Services Group during the 1st quarter worth approximately $320,000. Finally, Empowered Funds LLC lifted its holdings in The PNC Financial Services Group by 2.1% during the first quarter. Empowered Funds LLC now owns 8,261 shares of the financial services provider’s stock valued at $1,452,000 after purchasing an additional 170 shares in the last quarter. Institutional investors own 83.53% of the company’s stock.

Key The PNC Financial Services Group News

Here are the key news stories impacting The PNC Financial Services Group this week:

• Positive Sentiment: Analyst optimism: Barclays published a bullish forecast calling for strong price appreciation for PNC, helping lift sentiment and support recent upside. Barclays Forecasts Strong Price Appreciation for The PNC Financial Services Group (NYSE:PNC) Stock
• Positive Sentiment: Upgrade-driven momentum: An analyst upgrade pushed PNC to a new one?year high, attracting momentum buyers and headline attention. The PNC Financial Services Group (NYSE:PNC) Sets New 1-Year High After Analyst Upgrade
• Positive Sentiment: Strategic scale: PNC completed the $4.1B acquisition of FirstBank, expanding its footprint in Colorado and Arizona and setting a customer conversion timeline for 2026—this materially boosts regional scale and revenue runway. PNC Financial Expands Colorado, Arizona Reach With FirstBank Buyout
• Positive Sentiment: Dividend maintained/increased yield: PNC declared a quarterly dividend ($1.70 per share), supporting income?oriented demand and a ~3.1% yield that can attract dividend investors.
• Positive Sentiment: Growth initiatives: Management continues to highlight acquisitions and partnerships (including a Coinbase tie?up for Bitcoin trading) as part of a growth playbook that may expand fees and customer offerings. PNC’s Growth Playbook: Winning Through Acquisitions & Partnerships
• Neutral Sentiment: Capital actions: PNC announced redemption of certain senior floating?rate notes due Jan. 15, 2027—a liability management move that reduces near?term debt but uses cash. PNC Announces Redemption of Senior Floating Rate Notes, 4.775% Senior Fixed Rate/Floating Rate Notes Each Due Jan. 15, 2027
• Neutral Sentiment: Financing around the deal: PNC issued preferred shares tied to the FirstBank closing (provides capital but can be dilutive/alter capital structure). PNC Financial completes FirstBank acquisition and preferred issuance
• Neutral Sentiment: Valuation debate: Several pieces examine PNC’s valuation after the run-up and compare PNC to peers (e.g., JPM); higher multiples after recent gains raise questions about near?term upside versus fundamentals. A Look At PNC Financial Services Group (PNC) Valuation After Recent Share Price Strength PNC vs. JPM: Which Stock Is the Better Value Option?
• Negative Sentiment: Profit?taking & cooling momentum: After reaching a one?year high, PNC has seen revenue?positive headlines already priced in; investors are likely trimming positions (profit?taking) and pushing price lower amid thin intraday volume versus average, while markets digest integration and funding costs—this is the main reason the stock is softer despite positive news.

About The PNC Financial Services Group

The PNC Financial Services Group, Inc is a diversified financial services company headquartered in Pittsburgh, Pennsylvania, offering a broad range of banking, lending, investment and wealth management services. PNC operates a national banking franchise with a significant retail branch network and dedicated capabilities for commercial, institutional and government clients. Its services are designed to serve individuals, small businesses, corporations and public sector entities across the United States.

PNC’s core business activities include consumer and business banking, residential mortgage lending, corporate and institutional banking, asset management and wealth advisory services.