Northeast Investment Management Has $1.30 Million Position in Prudential Financial, Inc. $PRU

Posted by Brian Himes on Jun 26th, 2026

Northeast Investment Management trimmed its position in Prudential Financial, Inc. (NYSE:PRU – Free Report) by 42.8% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,272 shares of the financial services provider’s stock after selling 9,950 shares during the quarter. Northeast Investment Management’s holdings in Prudential Financial were worth $1,297,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Jessup Wealth Management Inc bought a new position in Prudential Financial during the fourth quarter worth about $25,000. Garton & Associates Financial Advisors LLC acquired a new position in shares of Prudential Financial during the 4th quarter worth approximately $26,000. Salomon & Ludwin LLC grew its position in shares of Prudential Financial by 98.3% during the 4th quarter. Salomon & Ludwin LLC now owns 230 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 114 shares in the last quarter. Lodestone Wealth Management LLC bought a new position in shares of Prudential Financial during the fourth quarter worth approximately $28,000. Finally, Coston McIsaac & Partners raised its position in shares of Prudential Financial by 93.4% in the fourth quarter. Coston McIsaac & Partners now owns 265 shares of the financial services provider’s stock valued at $29,000 after buying an additional 128 shares in the last quarter. Institutional investors own 56.83% of the company’s stock.

Prudential Financial Stock Performance

Shares of NYSE:PRU opened at $106.93 on Friday. Prudential Financial, Inc. has a 1 year low of $91.89 and a 1 year high of $119.76. The stock has a market capitalization of $37.10 billion, a price-to-earnings ratio of 11.00, a price-to-earnings-growth ratio of 1.94 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 company’s 50 day simple moving average is $102.33 and its 200 day simple moving average is $104.25.

Prudential Financial (NYSE:PRU – Get Free Report) last released its earnings results on Tuesday, May 5th. The financial services provider reported $3.61 earnings per share for the quarter, topping the consensus estimate of $3.09 by $0.52. Prudential Financial had a return on equity of 16.33% and a net margin of 5.83%.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 prior year, the company earned $3.29 earnings per share. As a group, research analysts predict that Prudential Financial, Inc. will post 13.78 EPS for the current fiscal year.

Prudential Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 11th. Investors of record on Tuesday, May 26th were given a dividend of $1.40 per share. This represents a $5.60 annualized dividend and a dividend yield of 5.2%. The ex-dividend date was Tuesday, May 26th. Prudential Financial’s dividend payout ratio is currently 57.61%.

Analyst Upgrades and Downgrades

PRU has been the topic of a number of analyst reports. Piper Sandler increased their price target on Prudential Financial from $105.00 to $110.00 and gave the stock a “neutral” rating in a research report on Wednesday. Morgan Stanley reaffirmed an “underweight” rating and issued a $92.00 price objective (down from $106.00) on shares of Prudential Financial in a report on Monday, May 4th. Mizuho increased their target price on Prudential Financial from $96.00 to $101.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. Evercore restated a “negative” rating on shares of Prudential Financial in a research report on Friday, March 6th. Finally, Bank of America dropped their price target on Prudential Financial from $112.00 to $104.00 and set a “neutral” rating for the company in a research note on Tuesday, April 14th. Eleven investment analysts have rated the stock with a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus target price of $101.92.

Get Our Latest Stock Analysis on Prudential Financial

Prudential Financial Company Profile

(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.