Oxbow Advisors LLC Invests $1.19 Million in Pinnacle Financial Partners, Inc. $PNFP

Posted by Stanley Muller on Aug 19th, 2026

Oxbow Advisors LLC acquired a new stake in shares of Pinnacle Financial Partners, Inc. (NYSE:PNFP – Free Report) during the second quarter, according to its most recent disclosure with the SEC. The fund acquired 11,828 shares of the company’s stock, valued at approximately $1,193,000.

Other hedge funds also recently made changes to their positions in the company. Resources Management Corp CT ADV purchased a new position in Pinnacle Financial Partners during the first quarter valued at approximately $26,000. Brown Brothers Harriman & Co. bought a new position in shares of Pinnacle Financial Partners in the third quarter worth approximately $26,000. High Point Wealth Management LLC purchased a new stake in shares of Pinnacle Financial Partners in the fourth quarter worth $27,000. BOKF NA increased its stake in shares of Pinnacle Financial Partners by 1,204.5% in the third quarter. BOKF NA now owns 287 shares of the company’s stock worth $27,000 after purchasing an additional 265 shares in the last quarter. Finally, Activest Wealth Management bought a new stake in shares of Pinnacle Financial Partners during the 4th quarter valued at $28,000. 87.40% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on PNFP. Citigroup lifted their target price on shares of Pinnacle Financial Partners from $122.00 to $126.00 and gave the company a “buy” rating in a research note on Thursday, June 25th. Evercore reiterated an “outperform” rating and issued a $120.00 price target on shares of Pinnacle Financial Partners in a research note on Monday, July 6th. DA Davidson raised their price target on Pinnacle Financial Partners from $109.00 to $112.00 and gave the company a “neutral” rating in a report on Friday, July 24th. Stephens set a $112.00 price objective on Pinnacle Financial Partners in a research report on Monday, July 27th. Finally, Piper Sandler boosted their price objective on Pinnacle Financial Partners from $122.00 to $123.00 and gave the company an “overweight” rating in a research report on Friday, July 24th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Pinnacle Financial Partners has an average rating of “Moderate Buy” and a consensus price target of $118.35.

Check Out Our Latest Stock Analysis on PNFP

Insider Activity

In other news, insider Robert A. Mccabe, Jr. bought 10,013 shares of the firm’s stock in a transaction that occurred on Friday, July 24th. The shares were bought at an average cost of $99.90 per share, for a total transaction of $1,000,298.70. Following the completion of the transaction, the insider owned 324,233 shares of the company’s stock, valued at approximately $32,390,876.70. This represents a 3.19% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider M Terry Turner sold 66,783 shares of the stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $108.01, for a total value of $7,213,231.83. Following the transaction, the insider directly owned 302,230 shares of the company’s stock, valued at approximately $32,643,862.30. The trade was a 18.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 177,228 shares of company stock valued at $19,153,713 in the last three months. Insiders own 1.30% of the company’s stock.

Pinnacle Financial Partners Stock Performance

PNFP stock opened at $104.63 on Wednesday. Pinnacle Financial Partners, Inc. has a one year low of $81.08 and a one year high of $110.33. The stock has a fifty day moving average of $101.17. 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 market capitalization of $8.12 billion, a P/E ratio of 14.37, a PEG ratio of 0.43 and a beta of 1.03.

Pinnacle Financial Partners (NYSE:PNFP – Get Free Report) last posted its earnings results on Wednesday, July 22nd. The company reported $2.50 earnings per share for the quarter, beating the consensus estimate of $2.46 by $0.04. The company had revenue of $1.24 billion during the quarter, compared to analysts’ expectations of $1.24 billion. Pinnacle Financial Partners had a net margin of 15.40% and a return on equity of 10.93%. On average, research analysts predict that Pinnacle Financial Partners, Inc. will post 10.19 EPS for the current fiscal year.

Pinnacle Financial Partners Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 7th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend 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 is 27.47%.

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.