Pinnacle Financial Partners (NYSE:PNFP – Get Free Report) had its target price upped by stock analysts at JPMorgan Chase & Co. from $115.00 to $125.00 in a report issued on Friday, Benzinga reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price objective would indicate a potential upside of 23.43% from the stock’s previous close.
Several other research analysts have also weighed in on the stock. Robert W. Baird increased their price objective on shares of Pinnacle Financial Partners from $115.00 to $120.00 and gave the stock an “outperform” rating in a report on Friday. Morgan Stanley boosted their price objective on shares of Pinnacle Financial Partners from $139.00 to $140.00 and gave the stock an “overweight” rating in a report on Friday. Evercore set a $108.00 target price on Pinnacle Financial Partners in a research report on Thursday, October 1st. Benchmark lifted their price objective on Pinnacle Financial Partners from $125.00 to $130.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Finally, Royal Bank Of Canada upped their target price on shares of Pinnacle Financial Partners from $117.00 to $120.00 and gave the company an “outperform” rating in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $119.50.
Get Our Latest Stock Analysis on PNFP
Pinnacle Financial Partners Trading Up 0.8%
NYSE PNFP traded up $0.82 during trading on Friday, hitting $101.28. The stock had a trading volume of 511,435 shares, compared to its average volume of 1,352,421. The company has a quick ratio of 0.93, a current ratio of 0.94 and a debt-to-equity ratio of 0.73. Pinnacle Financial Partners has a twelve month low of $81.08 and a twelve month high of $110.33. The company has a market capitalization of $7.86 billion, a PE ratio of 13.91, a PEG ratio of 0.40 and a beta of 1.03. The firm has a 50 day moving average price of $97.96 and a 200 day moving average price of $98.26.
Pinnacle Financial Partners (NYSE:PNFP – Get Free Report) last issued its earnings results on Wednesday, October 21st. The company reported $2.69 EPS for the quarter, topping analysts’ consensus estimates of $2.62 by $0.07. The firm had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.28 billion. Pinnacle Financial Partners had a net margin of 15.97% and a return on equity of 11.88%. As a group, equities research analysts forecast that Pinnacle Financial Partners will post 10.20 earnings per share for the current year.
Insider Buying and Selling
In other news, Director Gregory G. Montana bought 500 shares of the stock in a transaction that occurred on Thursday, September 10th. The shares were acquired at an average cost of $98.61 per share, for a total transaction of $49,305.00. Following the completion of the acquisition, the director owned 4,959 shares in the company, valued at approximately $489,006.99. This represents a 11.21% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider M. Turner sold 66,783 shares of the business’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $108.01, for a total transaction of $7,213,231.83. Following the transaction, the insider owned 302,230 shares in the company, valued at $32,643,862.30. This represents a 18.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 177,228 shares of company stock worth $19,153,713. 1.30% of the stock is owned by insiders.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the stock. Brown Financial Advisors boosted its holdings in Pinnacle Financial Partners by 2.7% in the 2nd quarter. Brown Financial Advisors now owns 4,019 shares of the company’s stock valued at $405,000 after purchasing an additional 105 shares during the period. Simplicity Wealth LLC grew its position in shares of Pinnacle Financial Partners by 1.5% during the 1st quarter. Simplicity Wealth LLC now owns 9,155 shares of the company’s stock worth $789,000 after purchasing an additional 131 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC increased its holdings in shares of Pinnacle Financial Partners by 97.7% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 350 shares of the company’s stock worth $30,000 after purchasing an additional 173 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Pinnacle Financial Partners by 1.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 9,269 shares of the company’s stock worth $935,000 after purchasing an additional 174 shares during the period. Finally, Envestnet Portfolio Solutions Inc. raised its position in shares of Pinnacle Financial Partners by 1.1% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 16,908 shares of the company’s stock valued at $1,706,000 after buying an additional 180 shares in the last quarter. 87.40% of the stock is owned by institutional investors.
Pinnacle Financial Partners News Roundup
Here are the key news stories impacting Pinnacle Financial Partners this week:
- Positive Sentiment: Q3 earnings and revenue exceeded expectations. Pinnacle reported adjusted earnings of $2.69 per share, up from $2.27 a year earlier and above the $2.61-$2.62 analyst consensus. Revenue reached approximately $1.31-$1.32 billion, exceeding the roughly $1.28 billion estimate. Pinnacle Financial Partners Q3 revenue earnings flash
- Positive Sentiment: Analysts raised their valuations and maintained bullish ratings. TD Cowen lifted its price target to $118 with a “buy” rating, Robert W. Baird raised its target to $120 with an “outperform” rating, and Morgan Stanley increased its target to $140 with an “overweight” rating. These targets imply substantial potential upside from recent trading levels. TD Cowen PNFP rating
- Positive Sentiment: Recruiting momentum supports future growth. Pinnacle added 96 revenue-producing team members during the third quarter, including a new asset-management team in Naples. Experienced hires could expand deposits, lending activity and fee-based revenue over time. Pinnacle adds 96 revenue-producing team members
- Neutral Sentiment: Fiscal 2026 guidance was updated, but the available announcement does not specify whether the revision was an increase or decrease, limiting its immediate significance. Management changes also require further detail before their financial impact can be assessed.
- Neutral Sentiment: Despite the positive earnings surprise, investors will continue monitoring costs associated with hiring, credit quality, net interest margins and the execution of Pinnacle’s expansion strategy.
Pinnacle Financial Partners Company Profile
Pinnacle Financial Partners, Inc is a bank holding company headquartered in Nashville, Tennessee. Through its primary subsidiary, Pinnacle Bank, the company provides banking and financial services to businesses, professionals, entrepreneurs and individuals.
Its offerings include commercial and consumer loans, deposit accounts, treasury and cash-management services, mortgage lending, investment and wealth-management services, trust services and insurance solutions. Pinnacle emphasizes relationship-based banking and serves clients through offices and financial professionals in Tennessee and selected markets in the Carolinas and Virginia.
Founded in 2000, Pinnacle has expanded from its Nashville base into a broader regional banking franchise through organic growth and acquisitions.
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