Prudential Financial, Inc. $PRU Shares Acquired by Northwestern Mutual Wealth Management Co.

Posted by Francis Steltz on Jun 4th, 2026

Northwestern Mutual Wealth Management Co. grew its holdings in Prudential Financial, Inc. (NYSE:PRU – Free Report) by 11.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 47,322 shares of the financial services provider’s stock after acquiring an additional 4,963 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Prudential Financial were worth $5,342,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the business. Geode Capital Management LLC grew its stake in shares of Prudential Financial by 0.3% in the fourth quarter. Geode Capital Management LLC now owns 9,533,806 shares of the financial services provider’s stock worth $1,078,904,000 after acquiring an additional 26,414 shares in the last quarter. Legal & General Group Plc grew its stake in shares of Prudential Financial by 2.4% during the third quarter. Legal & General Group Plc now owns 2,701,116 shares of the financial services provider’s stock worth $280,214,000 after purchasing an additional 62,366 shares in the last quarter. Nordea Investment Management AB grew its stake in shares of Prudential Financial by 16.6% during the fourth quarter. Nordea Investment Management AB now owns 2,044,374 shares of the financial services provider’s stock worth $231,321,000 after purchasing an additional 291,422 shares in the last quarter. First Trust Advisors LP grew its stake in shares of Prudential Financial by 1.5% during the third quarter. First Trust Advisors LP now owns 1,172,443 shares of the financial services provider’s stock worth $121,629,000 after purchasing an additional 17,030 shares in the last quarter. Finally, AustralianSuper Pty Ltd grew its stake in shares of Prudential Financial by 11.1% during the fourth quarter. AustralianSuper Pty Ltd now owns 897,597 shares of the financial services provider’s stock worth $101,321,000 after purchasing an additional 89,915 shares in the last quarter. Institutional investors and hedge funds own 56.83% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on PRU shares. Morgan Stanley reiterated an “underweight” rating and set a $92.00 target price (down from $106.00) on shares of Prudential Financial in a research note on Monday, May 4th. Evercore reiterated a “negative” rating on shares of Prudential Financial in a research note on Friday, March 6th. Wells Fargo & Company boosted their target price on shares of Prudential Financial from $93.00 to $100.00 and gave the stock an “underweight” rating in a research note on Tuesday, May 12th. UBS Group lowered their target price on shares of Prudential Financial from $105.00 to $98.00 and set a “neutral” rating for the company in a research note on Thursday, April 9th. Finally, Zacks Research downgraded shares of Prudential Financial from a “hold” rating to a “strong sell” rating in a research note on Wednesday, April 29th. Nine analysts have rated the stock with a Hold rating and six have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus price target of $101.50.

View Our Latest Report on Prudential Financial

Prudential Financial Price Performance

Shares of PRU opened at $100.95 on Thursday. Prudential Financial, Inc. has a 1-year low of $91.89 and a 1-year high of $119.76. The stock has a market cap of $35.03 billion, a PE ratio of 10.39, a price-to-earnings-growth ratio of 1.88 and a beta of 0.86. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.16 and a quick ratio of 0.16. The firm has a fifty day moving average price of $99.18 and a 200 day moving average price of $104.32.

Prudential Financial (NYSE:PRU – Get Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The financial services provider reported $3.61 earnings per share for the quarter, beating analysts’ consensus estimates of $3.09 by $0.52. Prudential Financial had a net margin of 5.83% and a return on equity of 16.33%. The firm had revenue of $15.23 billion during the quarter, compared to analysts’ expectations of $14.10 billion. During the same period in the previous year, the company earned $3.29 earnings per share. As a group, sell-side analysts anticipate that Prudential Financial, Inc. will post 13.75 EPS for the current year.

Prudential Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Tuesday, May 26th will be given a $1.40 dividend. The ex-dividend date of this dividend is Tuesday, May 26th. This represents a $5.60 dividend on an annualized basis and a yield of 5.5%. Prudential Financial’s payout ratio is 57.61%.

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.