Pinnacle Financial Partners (NYSE:PNFP) Price Target Raised to $130.00

Posted by George Bondi on Aug 8th, 2026

Pinnacle Financial Partners (NYSE:PNFP – Free Report) had its price objective raised by Benchmark from $125.00 to $130.00 in a research note released on Wednesday morning,Benzinga reports. Benchmark currently has a buy rating on the stock.

Other equities analysts have also recently issued reports about the company. TD Cowen increased their price target on Pinnacle Financial Partners from $116.00 to $119.00 and gave the company a “buy” rating in a report on Monday, July 27th. Stephens set a $112.00 price objective on Pinnacle Financial Partners in a report on Monday, July 27th. Wall Street Zen upgraded Pinnacle Financial Partners from a “sell” rating to a “hold” rating in a research report on Tuesday, May 12th. Weiss Ratings raised Pinnacle Financial Partners from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, June 26th. Finally, DA Davidson raised their target price on Pinnacle Financial Partners from $109.00 to $112.00 and gave the stock a “neutral” rating in a research report on Friday, July 24th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $117.29.

View Our Latest Report on Pinnacle Financial Partners

Pinnacle Financial Partners Stock Performance

Shares of NYSE:PNFP opened at $104.75 on Wednesday. The company has a market cap of $8.13 billion, a price-to-earnings ratio of 14.39, a P/E/G ratio of 0.42 and a beta of 1.03. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.94 and a quick ratio of 0.93. The stock has a 50 day moving average price of $99.69. Pinnacle Financial Partners has a 52-week low of $81.08 and a 52-week high of $110.33.

Pinnacle Financial Partners (NYSE:PNFP – Get Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The company reported $2.50 EPS for the quarter, topping the consensus estimate of $2.46 by $0.04. Pinnacle Financial Partners had a net margin of 15.40% and a return on equity of 10.93%. The business had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.24 billion. On average, equities analysts forecast that Pinnacle Financial Partners will post 10.19 EPS for the current fiscal year.

Pinnacle Financial Partners Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 7th will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend is Friday, August 7th. Pinnacle Financial Partners’s dividend payout ratio is 27.47%.

Insider Activity

In other news, insider Robert A. Mccabe, Jr. purchased 10,013 shares of the company’s stock in a transaction dated Friday, July 24th. The shares were acquired at an average price of $99.90 per share, with a total value of $1,000,298.70. Following the transaction, the insider owned 324,233 shares of the company’s stock, valued at $32,390,876.70. This represents a 3.19% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 1.30% of the company’s stock.

Institutional Investors Weigh In On Pinnacle Financial Partners

Several hedge funds have recently bought and sold shares of the stock. Resources Management Corp CT ADV purchased a new stake in shares of Pinnacle Financial Partners in the first quarter valued at approximately $26,000. Brown Brothers Harriman & Co. purchased a new position in Pinnacle Financial Partners during the third quarter worth approximately $26,000. High Point Wealth Management LLC acquired a new position in Pinnacle Financial Partners during the fourth quarter worth $27,000. BOKF NA grew its holdings in Pinnacle Financial Partners by 1,204.5% in the 3rd quarter. BOKF NA now owns 287 shares of the company’s stock valued at $27,000 after buying an additional 265 shares in the last quarter. Finally, Activest Wealth Management purchased a new stake in Pinnacle Financial Partners in the 4th quarter valued at $28,000. Hedge funds and other institutional investors own 87.40% of the company’s stock.

About Pinnacle Financial Partners

(Get 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.