Caerus Investment Advisors LLC Invests $583,000 in Pinnacle Financial Partners, Inc. $PNFP

Posted by Geri Gentry on Aug 2nd, 2026

Caerus Investment Advisors LLC bought a new stake in Pinnacle Financial Partners, Inc. (NYSE:PNFP – Free Report) in the first quarter, HoldingsChannel reports. The firm bought 6,769 shares of the company’s stock, valued at approximately $583,000.

Other hedge funds also recently made changes to their positions in the company. Goldman Sachs Group Inc. lifted its position in Pinnacle Financial Partners by 6.2% during the first quarter. Goldman Sachs Group Inc. now owns 651,268 shares of the company’s stock valued at $69,060,000 after buying an additional 37,989 shares during the period. Focus Partners Wealth grew its position in shares of Pinnacle Financial Partners by 13.9% in the 1st quarter. Focus Partners Wealth now owns 4,755 shares of the company’s stock worth $504,000 after buying an additional 581 shares during the period. Amundi increased its stake in shares of Pinnacle Financial Partners by 25,700.0% in the 2nd quarter. Amundi now owns 4,386 shares of the company’s stock worth $513,000 after acquiring an additional 4,369 shares in the last quarter. Jump Financial LLC purchased a new position in Pinnacle Financial Partners during the 2nd quarter valued at about $229,000. Finally, Cerity Partners LLC lifted its position in Pinnacle Financial Partners by 4.2% during the 2nd quarter. Cerity Partners LLC now owns 26,061 shares of the company’s stock valued at $2,877,000 after acquiring an additional 1,039 shares during the period. 87.40% of the stock is currently owned by institutional investors.

Insider Activity at Pinnacle Financial Partners

In related news, insider Robert A. Mccabe, Jr. purchased 10,013 shares of Pinnacle Financial Partners stock in a transaction dated Friday, July 24th. The stock was purchased at an average cost of $99.90 per share, for a total transaction of $1,000,298.70. Following the completion of the purchase, the insider directly owned 324,233 shares of the company’s stock, valued at $32,390,876.70. The trade was a 3.19% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 1.30% of the stock is owned by corporate insiders.

Pinnacle Financial Partners Price Performance

Pinnacle Financial Partners stock opened at $105.35 on Friday. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.94 and a quick ratio of 0.93. Pinnacle Financial Partners, Inc. has a one year low of $81.08 and a one year high of $107.00. The stock has a market capitalization of $8.17 billion, a PE ratio of 14.47, a PEG ratio of 0.42 and a beta of 1.04. The firm’s fifty day simple moving average is $98.77.

Pinnacle Financial Partners (NYSE:PNFP – Get Free Report) last issued its earnings results on Wednesday, July 22nd. The company reported $2.50 earnings per share for the quarter, topping analysts’ consensus estimates of $2.46 by $0.04. Pinnacle Financial Partners had a return on equity of 10.93% and a net margin of 15.40%.The business had revenue of $1.24 billion during the quarter, compared to analyst estimates of $1.24 billion. As a group, sell-side analysts expect that Pinnacle Financial Partners, Inc. will post 10.2 EPS for the current fiscal year.

Pinnacle Financial Partners Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 7th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend is Friday, August 7th. Pinnacle Financial Partners’s dividend payout ratio (DPR) is presently 27.47%.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on PNFP. Evercore restated an “outperform” rating and issued a $120.00 price objective on shares of Pinnacle Financial Partners in a report on Monday, July 6th. Benchmark lowered their target price on shares of Pinnacle Financial Partners from $132.00 to $125.00 and set a “buy” rating for the company in a report on Friday, July 24th. Barclays dropped their price target on Pinnacle Financial Partners from $135.00 to $130.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 7th. TD Cowen raised their price objective on Pinnacle Financial Partners from $116.00 to $119.00 and gave the company a “buy” rating in a research report on Monday, July 27th. Finally, JPMorgan Chase & Co. lowered their price objective on Pinnacle Financial Partners from $125.00 to $120.00 and set an “overweight” rating for the company in a research note on Friday, July 24th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $117.00.

View Our Latest Stock Report on PNFP

Pinnacle Financial Partners Company Profile

(Free Report)

Pinnacle Financial Partners (NYSE: PNFP) is a bank holding company headquartered in Nashville, Tennessee, that provides a broad range of commercial and consumer banking services. Founded in 2000, the company operates through a network of banking offices and digital channels to serve individuals, small and middle-market businesses, and institutional clients. Pinnacle’s business model emphasizes relationship-based banking and tailored financial solutions for commercial borrowers and deposit customers.

The company’s product and service offerings include commercial and residential lending, treasury and payment solutions, deposit accounts, mortgage services, and cash management.