Prudential Financial, Inc. (NYSE:PRU – Free Report) – Equities researchers at DOWLING & PARTN decreased their FY2026 earnings per share estimates for shares of Prudential Financial in a research note issued to investors on Tuesday, October 20th. DOWLING & PARTN analyst J. Hurwitz now anticipates that the financial services provider will post earnings per share of $13.70 for the year, down from their previous estimate of $14.65. The consensus estimate for Prudential Financial’s current full-year earnings is $14.37 per share.
Other analysts also recently issued research reports about the stock. Jefferies Financial Group increased their target price on shares of Prudential Financial from $105.00 to $110.00 and gave the stock a “hold” rating in a research report on Friday, July 10th. JPMorgan Chase & Co. decreased their price objective on shares of Prudential Financial from $127.00 to $124.00 and set a “neutral” rating for the company in a research note on Thursday. Barclays dropped their price objective on shares of Prudential Financial from $96.00 to $94.00 and set an “underweight” rating for the company in a research report on Monday. Wall Street Zen downgraded shares of Prudential Financial from a “buy” rating to a “hold” rating in a research note on Monday, September 28th. Finally, Mizuho set a $108.00 target price on shares of Prudential Financial in a report on Monday, October 12th. One equities research analyst has rated the stock with a Buy rating, ten have given a Hold rating and five have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and a consensus target price of $106.92.
View Our Latest Stock Analysis on PRU
Prudential Financial Stock Performance
Prudential Financial stock opened at $118.14 on Friday. The company has a market cap of $40.76 billion, a price-to-earnings ratio of 10.70, a price-to-earnings-growth ratio of 1.73 and a beta of 0.85. Prudential Financial has a 12 month low of $91.89 and a 12 month high of $127.72. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.16 and a quick ratio of 0.16. The stock’s 50-day moving average is $117.85 and its 200-day moving average is $111.39.
Prudential Financial (NYSE:PRU – Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The financial services provider reported $4.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.52 by $0.56. The firm had revenue of $14.15 billion during the quarter, compared to the consensus estimate of $14.36 billion. Prudential Financial had a return on equity of 16.68% and a net margin of 6.51%. During the same quarter in the previous year, the business earned $3.58 earnings per share.
Hedge Funds Weigh In On Prudential Financial
A number of institutional investors have recently added to or reduced their stakes in PRU. Plimoth Trust Co. LLC grew its stake in shares of Prudential Financial by 2.4% during the second quarter. Plimoth Trust Co. LLC now owns 3,860 shares of the financial services provider’s stock valued at $417,000 after acquiring an additional 90 shares in the last quarter. Security National Bank of SO Dak increased its position in shares of Prudential Financial by 0.6% during the second quarter. Security National Bank of SO Dak now owns 14,676 shares of the financial services provider’s stock worth $1,584,000 after acquiring an additional 90 shares during the last quarter. XXI Wealth LLC lifted its stake in shares of Prudential Financial by 5.0% in the third quarter. XXI Wealth LLC now owns 1,967 shares of the financial services provider’s stock worth $223,000 after acquiring an additional 93 shares in the last quarter. Keating Financial Advisory Services Inc. lifted its stake in shares of Prudential Financial by 34.8% in the second quarter. Keating Financial Advisory Services Inc. now owns 395 shares of the financial services provider’s stock worth $43,000 after acquiring an additional 102 shares in the last quarter. Finally, Apella Capital LLC boosted its holdings in Prudential Financial by 3.7% in the first quarter. Apella Capital LLC now owns 2,979 shares of the financial services provider’s stock valued at $303,000 after purchasing an additional 106 shares during the last quarter. Institutional investors and hedge funds own 56.83% of the company’s stock.
Insider Buying and Selling
In other Prudential Financial news, major shareholder Insurance Co Of Ame Prudential sold 214,746 shares of the 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 $197,348,010.75. This trade represents a 2.62% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Ann Kappler sold 7,652 shares of Prudential Financial stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $125.01, for a total transaction of $956,576.52. Following the sale, the executive vice president owned 14,407 shares in the company, valued at $1,801,019.07. This represents a 34.69% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.05% of the stock is owned by corporate insiders.
Prudential Financial Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Tuesday, August 25th were given a dividend of $1.40 per share. The ex-dividend date of this dividend was Tuesday, August 25th. This represents a $5.60 annualized dividend and a yield of 4.7%. Prudential Financial’s payout ratio is 50.72%.
About Prudential Financial
Prudential Financial, Inc (NYSE: PRU) is a global financial services company that provides insurance, retirement, investment management and related financial products. Founded in Newark, New Jersey, in 1875, the company serves individuals, businesses and institutional investors through a range of businesses and distribution channels.
In the United States, Prudential offers life insurance, annuities, retirement plans and employee benefits, including group life, disability and dental insurance.
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