Truist Financial Corp Lowers Stake in Prudential Financial, Inc. $PRU

Truist Financial Corp decreased its holdings in Prudential Financial, Inc. (NYSE:PRU) by 13.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 213,082 shares of the financial services provider’s stock after selling 32,164 shares during the quarter. Truist Financial Corp’s holdings in Prudential Financial were worth $24,053,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of PRU. Brighton Jones LLC increased its holdings in Prudential Financial by 3.7% in the 4th quarter. Brighton Jones LLC now owns 3,681 shares of the financial services provider’s stock worth $436,000 after acquiring an additional 133 shares in the last quarter. Empowered Funds LLC grew its position in shares of Prudential Financial by 30.5% in the first quarter. Empowered Funds LLC now owns 17,690 shares of the financial services provider’s stock valued at $1,976,000 after purchasing an additional 4,134 shares during the period. Brown Advisory Inc. increased its stake in shares of Prudential Financial by 3.5% during the second quarter. Brown Advisory Inc. now owns 4,164 shares of the financial services provider’s stock worth $447,000 after purchasing an additional 140 shares in the last quarter. AXA S.A. boosted its holdings in Prudential Financial by 25.8% in the 2nd quarter. AXA S.A. now owns 56,700 shares of the financial services provider’s stock worth $6,092,000 after buying an additional 11,630 shares during the last quarter. Finally, NewEdge Advisors LLC raised its holdings in shares of Prudential Financial by 15.1% during the second quarter. NewEdge Advisors LLC now owns 37,277 shares of the financial services provider’s stock valued at $4,005,000 after acquiring an additional 4,895 shares during the last quarter. 56.83% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Prudential Financial

Here are the key news stories impacting Prudential Financial this week:

• Positive Sentiment: Q1 earnings and revenue beat — PRU reported adjusted EPS of $3.61 and revenue of $15.23B, topping consensus and reflecting solid PGIM investment performance and fee growth. PRU Q1 Earnings & Revenues Top Estimates
• Positive Sentiment: Improved operating metrics — after?tax adjusted operating income rose to $1.278B (up ~7.6% y/y) and book value per common share increased to $91.28, indicating underlying capital strength. Press Release — First Quarter 2026 Results
• Positive Sentiment: Investment spread and asset-management tailwinds — commentary and coverage highlight higher asset-management fees, new business growth and a stronger net investment spread as key drivers of the beat. Zacks: Solid Investment Spread
• Neutral Sentiment: Earnings-call and analyst write-ups provide nuance — conference call and analyst notes describe results as “solid” but point to pockets of weakness; investors will be watching forward guidance and capital deployment. Earnings Call Summary
• Neutral Sentiment: Mixed headlines/coverage — market summaries and commentary (Seeking Alpha, MarketBeat, TipRanks) note the beat but flag uneven GAAP results versus adjusted metrics. Seeking Alpha: Solid Q1 Despite Japan Challenges
• Negative Sentiment: GAAP net income fell and Japan sales suspension is a headwind — net income attributable to PRU was $597M (down from $707M prior year); management cited Japan distribution/sales suspension as a near-term drag. LifeInsuranceInternational: Q1 profit falls after Japan sales suspension
• Negative Sentiment: Analyst caution — multiple firms (Barclays, Wells Fargo, Morgan Stanley) have underweight ratings or lowered price targets after the print, keeping downside pressure on the stock. Benzinga: Analyst notes

Prudential Financial Stock Down 0.2%

NYSE PRU opened at $100.10 on Thursday. Prudential Financial, Inc. has a 52 week low of $91.89 and a 52 week high of $119.76. The company has a quick ratio of 0.16, a current ratio of 0.16 and a debt-to-equity ratio of 0.58. The business’s fifty day simple moving average is $96.89 and its 200-day simple moving average is $104.58. The firm has a market cap of $34.82 billion, a PE ratio of 10.30, a P/E/G ratio of 1.82 and a beta of 0.86.

Prudential Financial (NYSE:PRU) last announced its quarterly earnings data on Tuesday, May 5th. The financial services provider reported $3.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.09 by $0.52. The firm had revenue of $15.23 billion during the quarter, compared to analyst estimates of $14.10 billion. Prudential Financial had a net margin of 5.83% and a return on equity of 16.36%. During the same quarter in the prior year, the firm posted $3.29 earnings per share. As a group, equities analysts anticipate that Prudential Financial, Inc. will post 13.66 earnings per share for the current year.

Insider Activity

In other Prudential Financial news, Director Joseph J. Wolk acquired 400 shares of the firm’s stock in a transaction that occurred on Wednesday, February 11th. The shares were purchased at an average cost of $105.32 per share, for a total transaction of $42,128.00. Following the completion of the acquisition, the director owned 400 shares of the company’s stock, valued at approximately $42,128. The trade was a ? increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Jacques Chappuis bought 1,000 shares of Prudential Financial stock in a transaction on Friday, February 6th. The stock was acquired at an average price of $100.97 per share, for a total transaction of $100,970.00. Following the transaction, the executive vice president directly owned 1,000 shares of the company’s stock, valued at approximately $100,970. This trade represents a ? increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last 90 days, insiders have bought 1,650 shares of company stock valued at $168,841. 0.05% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of analysts have recently issued reports on PRU shares. Morgan Stanley reaffirmed an “underweight” rating and issued a $92.00 price target (down from $106.00) on shares of Prudential Financial in a research note on Monday. Piper Sandler lowered their target price on shares of Prudential Financial from $105.00 to $99.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 22nd. Keefe, Bruyette & Woods dropped their target price on shares of Prudential Financial from $104.00 to $100.00 and set a “market perform” rating for the company in a report on Thursday, April 23rd. Evercore reissued a “negative” rating on shares of Prudential Financial in a research note on Friday, March 6th. Finally, Wall Street Zen cut shares of Prudential Financial from a “buy” rating to a “hold” rating in a research note on Saturday, January 10th. Nine equities research analysts have rated the stock with a Hold rating and six have given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus target price of $99.92.

About Prudential Financial

Prudential Financial, Inc, headquartered in Newark, New Jersey, is a diversified financial services company with roots dating to 1875. The firm provides a range of insurance, retirement and investment products aimed at helping individual and institutional clients manage risk, accumulate and protect wealth, and plan for retirement. Prudential’s long history in life insurance and related financial services has positioned it as a major participant in the U.S. insurance market and a provider of services to a broad client base.

Prudential’s core business activities include individual life insurance, annuities, retirement solutions and group insurance products for employers.