HighTower Advisors LLC Has $90.09 Million Holdings in Truist Financial Corporation $TFC

Posted by Brian Himes on Sep 8th, 2026

HighTower Advisors LLC increased its position in shares of Truist Financial Corporation (NYSE:TFC – Free Report) by 21.1% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,808,394 shares of the insurance provider’s stock after buying an additional 315,424 shares during the period. HighTower Advisors LLC owned 0.15% of Truist Financial worth $90,094,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in TFC. Kemnay Advisory Services Inc. acquired a new position in shares of Truist Financial during the 4th quarter valued at $25,000. Swiss RE Ltd. bought a new position in shares of Truist Financial during the 4th quarter worth about $26,000. N.E.W. Advisory Services LLC acquired a new stake in shares of Truist Financial in the 2nd quarter valued at about $30,000. Navigoe LLC bought a new stake in Truist Financial in the 2nd quarter valued at about $30,000. Finally, McMillan Office Inc. acquired a new position in Truist Financial during the 4th quarter worth approximately $31,000. 71.28% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Truist Financial

In other news, insider Donta L. Wilson sold 13,280 shares of the company’s stock in a transaction on Friday, July 31st. The shares were sold at an average price of $51.85, for a total value of $688,568.00. Following the completion of the sale, the insider owned 56,009 shares in the company, valued at $2,904,066.65. This represents a 19.17% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director K. Boyer, Jr. sold 3,986 shares of the stock in a transaction dated Thursday, July 23rd. The shares were sold at an average price of $50.70, for a total transaction of $202,090.20. Following the completion of the sale, the director owned 10,270 shares of the company’s stock, valued at approximately $520,689. This represents a 27.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 30,516 shares of company stock worth $1,584,428 in the last quarter. 0.15% of the stock is currently owned by corporate insiders.

Truist Financial Stock Up 0.1%

TFC stock opened at $51.68 on Tuesday. Truist Financial Corporation has a twelve month low of $40.78 and a twelve month high of $56.19. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.73. The stock’s 50 day moving average is $51.57 and its 200-day moving average is $49.56. The firm has a market capitalization of $63.13 billion, a PE ratio of 11.85, a P/E/G ratio of 1.09 and a beta of 0.88.

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 (EPS) for the quarter, topping the consensus estimate of $1.08 by $0.15. The business had revenue of $5.31 billion during the quarter, compared to the consensus estimate of $5.24 billion. Truist Financial had a return on equity of 10.06% and a net margin of 19.13%.Truist Financial’s revenue was up 5.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.91 earnings per share. Sell-side analysts expect that Truist Financial Corporation will post 4.58 EPS for the current fiscal year.

Truist Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Friday, August 14th were issued a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend was Friday, August 14th. Truist Financial’s payout ratio is currently 47.71%.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Wall Street Zen raised Truist Financial from a “sell” rating to a “hold” rating in a research note on Saturday, August 8th. UBS Group cut Truist Financial from a “buy” rating to a “neutral” rating and cut their target price for the stock from $58.00 to $55.00 in a report on Tuesday, July 7th. Citigroup downgraded shares of Truist Financial from a “buy” rating to a “neutral” rating and reduced their price target for the company from $63.00 to $54.00 in a research report on Tuesday, June 30th. Evercore restated an “outperform” rating and set a $57.00 price target on shares of Truist Financial in a research note on Monday, July 6th. Finally, Robert W. Baird upped their price objective on shares of Truist Financial from $55.00 to $56.00 and gave the stock a “neutral” rating in a report on Monday, July 20th. Seven investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $55.12.

Get Our Latest Analysis on TFC

About Truist Financial

(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.