Van ECK Associates Corp Acquires 5,991 Shares of Prudential Financial, Inc. $PRU

Posted by Brenda Bartman on Sep 4th, 2026

Van ECK Associates Corp raised its stake in shares of Prudential Financial, Inc. (NYSE:PRU – Free Report) by 35.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 22,786 shares of the financial services provider’s stock after purchasing an additional 5,991 shares during the quarter. Van ECK Associates Corp’s holdings in Prudential Financial were worth $2,459,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of PRU. Jessup Wealth Management Inc bought a new stake in Prudential Financial during the fourth quarter worth about $25,000. Archer Investment Corp acquired a new position in Prudential Financial in the second quarter valued at about $26,000. Garton & Associates Financial Advisors LLC acquired a new stake in Prudential Financial during the 4th quarter worth $26,000. SJS Investment Consulting Inc. raised its holdings in shares of Prudential Financial by 93.1% during the first quarter. SJS Investment Consulting Inc. now owns 278 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 134 shares during the period. Finally, Coston McIsaac & Partners grew its holdings in shares of Prudential Financial by 93.4% during the fourth quarter. Coston McIsaac & Partners now owns 265 shares of the financial services provider’s stock worth $29,000 after buying an additional 128 shares in the last quarter. Institutional investors own 56.83% of the company’s stock.

Prudential Financial News Summary

Here are the key news stories impacting Prudential Financial this week:

Positive Sentiment: Prudential Advisors added an experienced advisor overseeing more than $106 million in client assets. Zachary Karason joined the Mid America Financial Group after roles at U.S. Bancorp Advisors and Merrill Lynch. The move could modestly support Prudential’s wealth-management growth and advisor recruiting efforts. Prudential Advisors Welcomes Zachary Karason to Mid America Financial Group
Neutral Sentiment: Prudential’s latest earnings were better than expected, but revenue fell short of estimates. The company reported quarterly earnings of $4.08 per share, above the $3.52 analyst consensus, while revenue of $14.16 billion trailed the $14.36 billion estimate. The earnings beat is supportive, although the revenue miss and comparisons with the prior year provide a mixed signal for investors. Prudential Down Since Last Earnings Report: Can It Rebound?
Negative Sentiment: PRU has slightly underperformed since its earnings release. A market update noted that the stock was down 0.3% over the 30 days following its report, suggesting that the earnings beat has not yet translated into sustained momentum and that investors may be looking for stronger forward guidance or estimate revisions. Prudential Down 0.3% Since Last Earnings Report

Insiders Place Their Bets

In other Prudential Financial news, major shareholder Insurance Co Of Ame Prudential sold 214,746 shares of Prudential Financial stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $24.75, for a total value of $5,314,963.50. Following the completion of the sale, the insider owned 7,973,657 shares of the company’s stock, valued at approximately $197,348,010.75. The trade was a 2.62% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Ann M. Kappler sold 7,652 shares of the company’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $125.01, for a total value of $956,576.52. Following the sale, the executive vice president owned 14,407 shares of the company’s stock, valued at approximately $1,801,019.07. This trade represents a 34.69% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.05% of the company’s stock.

Prudential Financial Trading Up 2.8%

NYSE PRU opened at $123.15 on Friday. The company has a market capitalization of $42.49 billion, a price-to-earnings ratio of 11.15, a PEG ratio of 1.80 and a beta of 0.83. The company has a quick ratio of 0.16, a current ratio of 0.16 and a debt-to-equity ratio of 0.62. Prudential Financial, Inc. has a twelve month low of $91.89 and a twelve month high of $127.72. The stock’s 50-day simple moving average is $118.90 and its two-hundred day simple moving average is $106.72.

Prudential Financial (NYSE:PRU – Get Free Report) last released its earnings results on Tuesday, August 4th. The financial services provider reported $4.08 EPS for the quarter, beating the consensus estimate of $3.52 by $0.56. Prudential Financial had a net margin of 6.51% and a return on equity of 16.68%. The company had revenue of $14.15 billion for the quarter, compared to analyst estimates of $14.36 billion. During the same quarter last year, the firm earned $3.58 EPS. Research analysts forecast that Prudential Financial, Inc. will post 14.51 EPS for the current fiscal year.

Prudential Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Tuesday, August 25th will be issued a $1.40 dividend. The ex-dividend date is Tuesday, August 25th. This represents a $5.60 annualized dividend and a yield of 4.5%. Prudential Financial’s dividend payout ratio is 50.72%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Zacks Research upgraded shares of Prudential Financial from a “strong sell” rating to a “hold” rating in a report on Friday, June 12th. Morgan Stanley increased their price objective on shares of Prudential Financial from $92.00 to $105.00 and gave the company an “underweight” rating in a research note on Monday, August 24th. Piper Sandler upped their target price on Prudential Financial from $110.00 to $128.00 and gave the company a “neutral” rating in a report on Tuesday, August 11th. JPMorgan Chase & Co. boosted their target price on Prudential Financial from $129.00 to $131.00 and gave the company a “neutral” rating in a research report on Monday, August 17th. Finally, Argus downgraded shares of Prudential Financial from a “buy” rating to a “hold” rating in a report on Tuesday, June 9th. One research analyst has rated the stock with a Buy rating, eleven have assigned a Hold rating and five have given a Sell rating to the company’s stock. According to MarketBeat, Prudential Financial has an average rating of “Reduce” and an average target price of $109.31.

View Our Latest 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.