Lombard Odier Asset Management Switzerland SA Increases Holdings in Truist Financial Corporation $TFC

Posted by Brian Himes on Jul 28th, 2026

Lombard Odier Asset Management Switzerland SA grew its stake in Truist Financial Corporation (NYSE:TFC – Free Report) by 120.3% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 28,206 shares of the insurance provider’s stock after purchasing an additional 15,400 shares during the period. Lombard Odier Asset Management Switzerland SA’s holdings in Truist Financial were worth $1,297,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Kemnay Advisory Services Inc. bought a new stake in shares of Truist Financial during the 4th quarter worth approximately $25,000. Swiss RE Ltd. bought a new stake in Truist Financial during the 4th quarter valued at about $26,000. McMillan Office Inc. bought a new stake in Truist Financial during the 4th quarter valued at about $31,000. Ancora Advisors LLC boosted its position in Truist Financial by 259.1% in the 3rd quarter. Ancora Advisors LLC now owns 693 shares of the insurance provider’s stock valued at $32,000 after buying an additional 500 shares during the period. Finally, Maseco LLP grew its stake in Truist Financial by 53.8% in the 4th quarter. Maseco LLP now owns 652 shares of the insurance provider’s stock worth $32,000 after acquiring an additional 228 shares in the last quarter. Institutional investors own 71.28% of the company’s stock.

Wall Street Analyst Weigh In

TFC has been the topic of a number of research reports. Jefferies Financial Group reaffirmed a “mixed” rating and set a $45.00 target price on shares of Truist Financial in a research report on Friday, April 17th. Citigroup lowered Truist Financial from a “buy” rating to a “neutral” rating and lowered their price target for the company from $63.00 to $54.00 in a report on Tuesday, June 30th. Robert W. Baird raised their price objective on Truist Financial from $55.00 to $56.00 and gave the stock a “neutral” rating in a report on Monday, July 20th. Stephens decreased their target price on Truist Financial from $59.00 to $57.00 and set an “overweight” rating for the company in a research report on Tuesday, July 21st. Finally, Weiss Ratings upgraded Truist Financial from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, May 1st. Seven analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $54.61.

View Our Latest Analysis on TFC

Truist Financial Trading Up 0.6%

NYSE:TFC opened at $52.09 on Tuesday. Truist Financial Corporation has a one year low of $40.78 and a one year high of $56.19. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.86 and a current ratio of 0.86. The firm has a market cap of $64.90 billion, a P/E ratio of 11.95, a P/E/G ratio of 0.94 and a beta of 0.89. The firm has a 50-day simple moving average of $49.91 and a 200-day simple moving average of $49.56.

Truist Financial (NYSE:TFC – Get Free Report) last announced its quarterly earnings results on Friday, July 17th. The insurance provider reported $1.23 earnings per share for the quarter, topping the consensus estimate of $1.08 by $0.15. Truist Financial had a net margin of 19.13% and a return on equity of 10.06%. The firm had revenue of $5.31 billion during the quarter, compared to analysts’ expectations of $5.24 billion. During the same quarter in the prior year, the company earned $0.91 EPS. The company’s revenue was up 5.6% compared to the same quarter last year. Equities analysts anticipate that Truist Financial Corporation will post 4.59 EPS for the current fiscal year.

Truist Financial Profile

(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.