Healthcare of Ontario Pension Plan Trust Fund Buys 862,527 Shares of Truist Financial Corporation $TFC

Posted by Stanley Muller on Jun 15th, 2026

Healthcare of Ontario Pension Plan Trust Fund boosted its stake in Truist Financial Corporation (NYSE:TFC – Free Report) by 102.6% in the fourth quarter, HoldingsChannel reports. The firm owned 1,703,571 shares of the insurance provider’s stock after acquiring an additional 862,527 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Truist Financial were worth $83,833,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Huber Capital Management LLC boosted its stake in shares of Truist Financial by 11.0% during the 4th quarter. Huber Capital Management LLC now owns 201,464 shares of the insurance provider’s stock worth $9,914,000 after acquiring an additional 20,000 shares during the last quarter. Landscape Capital Management L.L.C. boosted its stake in shares of Truist Financial by 143.4% during the 4th quarter. Landscape Capital Management L.L.C. now owns 20,359 shares of the insurance provider’s stock worth $1,002,000 after acquiring an additional 11,994 shares during the last quarter. Dymon Asia Capital Singapore PTE. LTD. purchased a new position in shares of Truist Financial during the 4th quarter worth $994,000. Eventide Asset Management LLC purchased a new position in shares of Truist Financial during the 4th quarter worth $1,970,000. Finally, Eagle Bluffs Wealth Management LLC boosted its stake in shares of Truist Financial by 3.2% during the 4th quarter. Eagle Bluffs Wealth Management LLC now owns 35,682 shares of the insurance provider’s stock worth $1,756,000 after acquiring an additional 1,115 shares during the last quarter. Institutional investors own 71.28% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on TFC. JPMorgan Chase & Co. dropped their price target on shares of Truist Financial from $57.00 to $51.50 and set a “neutral” rating on the stock in a research note on Tuesday, April 7th. Robert W. Baird cut shares of Truist Financial from an “outperform” rating to a “neutral” rating and set a $55.00 price target on the stock. in a research note on Friday, May 1st. Jefferies Financial Group reiterated a “mixed” rating and set a $45.00 price target on shares of Truist Financial in a research note on Friday, April 17th. Royal Bank Of Canada lifted their price target on shares of Truist Financial from $51.00 to $53.00 and gave the stock an “outperform” rating in a research note on Monday, April 20th. Finally, Weiss Ratings upgraded shares of Truist Financial from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 1st. Nine analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $55.59.

Read Our Latest Stock Analysis on Truist Financial

Truist Financial Stock Down 0.1%

Shares of TFC stock opened at $51.63 on Monday. The stock has a market cap of $64.33 billion, a P/E ratio of 12.81, a PEG ratio of 0.88 and a beta of 0.89. Truist Financial Corporation has a 52 week low of $38.83 and a 52 week high of $56.19. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.70. The company’s fifty day simple moving average is $49.10 and its two-hundred day simple moving average is $49.18.

Truist Financial (NYSE:TFC – Get Free Report) last announced its quarterly earnings results on Friday, April 17th. The insurance provider reported $1.09 EPS for the quarter, topping the consensus estimate of $1.00 by $0.09. The business had revenue of $5.20 billion for the quarter, compared to analysts’ expectations of $5.18 billion. Truist Financial had a net margin of 18.14% and a return on equity of 9.55%. The business’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.87 EPS. Analysts predict that Truist Financial Corporation will post 4.52 EPS for the current fiscal year.

Truist Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Friday, May 8th were paid a $0.52 dividend. The ex-dividend date was Friday, May 8th. This represents a $2.08 annualized dividend and a yield of 4.0%. Truist Financial’s payout ratio is presently 51.61%.

About Truist Financial

(Free Report)

Truist Financial Corporation is an American bank holding company that provides a broad range of financial services through its primary subsidiary, Truist Bank, and other operating units. The company offers traditional retail banking products and services such as deposit accounts, consumer and residential mortgage lending, and credit and debit card services. Truist also serves commercial clients with middle-market and corporate lending, treasury and payment solutions, and specialty finance products.

Beyond core banking, Truist operates wealth management, asset management, insurance and capital markets businesses.