Thrivent Financial for Lutherans Raises Holdings in Prudential Financial, Inc. $PRU

Posted by Francis Steltz on May 23rd, 2026

Thrivent Financial for Lutherans grew its holdings in Prudential Financial, Inc. (NYSE:PRU – Free Report) by 37.2% during the fourth quarter, HoldingsChannel reports. The fund owned 33,681 shares of the financial services provider’s stock after purchasing an additional 9,133 shares during the period. Thrivent Financial for Lutherans’ holdings in Prudential Financial were worth $3,802,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Cornerstone Wealth Management LLC increased its holdings in shares of Prudential Financial by 15.1% in the 4th quarter. Cornerstone Wealth Management LLC now owns 4,555 shares of the financial services provider’s stock valued at $514,000 after acquiring an additional 599 shares during the last quarter. Pinnacle Associates Ltd. increased its holdings in shares of Prudential Financial by 1.1% in the 4th quarter. Pinnacle Associates Ltd. now owns 14,791 shares of the financial services provider’s stock valued at $1,670,000 after acquiring an additional 154 shares during the last quarter. Berkeley Capital Partners LLC increased its holdings in shares of Prudential Financial by 2.4% in the 4th quarter. Berkeley Capital Partners LLC now owns 5,809 shares of the financial services provider’s stock valued at $656,000 after acquiring an additional 138 shares during the last quarter. Plancorp LLC increased its holdings in shares of Prudential Financial by 10.5% in the 4th quarter. Plancorp LLC now owns 2,867 shares of the financial services provider’s stock valued at $324,000 after acquiring an additional 273 shares during the last quarter. Finally, Western Wealth Management LLC increased its holdings in shares of Prudential Financial by 1.7% in the 4th quarter. Western Wealth Management LLC now owns 6,215 shares of the financial services provider’s stock valued at $702,000 after acquiring an additional 105 shares during the last quarter. Hedge funds and other institutional investors own 56.83% of the company’s stock.

Prudential Financial Trading Down 0.1%

NYSE:PRU opened at $104.12 on Friday. The stock’s 50 day moving average price is $97.80 and its 200 day moving average price is $104.58. The company has a market capitalization of $36.13 billion, a PE ratio of 10.71, a P/E/G ratio of 1.90 and a beta of 0.86. The company has a quick ratio of 0.16, a current ratio of 0.16 and a debt-to-equity ratio of 0.58. Prudential Financial, Inc. has a 52-week low of $91.89 and a 52-week high of $119.76.

Prudential Financial (NYSE:PRU – Get Free Report) last released its quarterly earnings results on Tuesday, May 5th. The financial services provider reported $3.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.09 by $0.52. The firm had revenue of $15.23 billion for the quarter, compared to the consensus estimate of $14.10 billion. Prudential Financial had a return on equity of 16.33% and a net margin of 5.83%.During the same quarter last year, the business posted $3.29 EPS. On average, research analysts anticipate that Prudential Financial, Inc. will post 13.8 EPS for the current year.

Prudential Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Tuesday, May 26th will be given a dividend of $1.40 per share. This represents a $5.60 dividend on an annualized basis and a yield of 5.4%. The ex-dividend date of this dividend is Tuesday, May 26th. Prudential Financial’s dividend payout ratio (DPR) is presently 57.61%.

Analyst Ratings Changes

PRU has been the topic of a number of recent analyst reports. Barclays increased their price objective on Prudential Financial from $89.00 to $90.00 and gave the company an “underweight” rating in a report on Wednesday, May 6th. Mizuho raised their price target on Prudential Financial from $96.00 to $101.00 and gave the stock a “neutral” rating in a research note on Thursday, May 7th. Piper Sandler raised their price target on Prudential Financial from $99.00 to $105.00 and gave the stock a “neutral” rating in a research note on Monday, May 11th. Wells Fargo & Company raised their price target on Prudential Financial from $93.00 to $100.00 and gave the stock an “underweight” rating in a research note on Tuesday, May 12th. Finally, Zacks Research downgraded Prudential Financial from a “hold” rating to a “strong sell” rating in a research note on Wednesday, April 29th. Nine equities research analysts have rated the stock with a Hold rating and six have given a Sell rating to the company’s stock. Based on data from MarketBeat, Prudential Financial presently has an average rating of “Reduce” and an average price target of $101.50.

Get Our Latest Stock Analysis on Prudential Financial

About Prudential Financial

(Free Report)

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.