The PNC Financial Services Group, Inc $PNC Shares Sold by Valley Brook Capital Group Inc.

Valley Brook Capital Group Inc. trimmed its stake in shares of The PNC Financial Services Group, Inc (NYSE:PNC) by 1.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,499 shares of the financial services provider’s stock after selling 159 shares during the quarter. The PNC Financial Services Group accounts for 1.5% of Valley Brook Capital Group Inc.’s holdings, making the stock its 18th largest holding. Valley Brook Capital Group Inc.’s holdings in The PNC Financial Services Group were worth $1,957,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of PNC. Saudi Central Bank acquired a new position in shares of The PNC Financial Services Group during the 1st quarter worth about $27,000. Cornerstone Planning Group LLC increased its holdings in shares of The PNC Financial Services Group by 50.8% in the 1st quarter. Cornerstone Planning Group LLC now owns 193 shares of the financial services provider’s stock valued at $34,000 after acquiring an additional 65 shares during the last quarter. Opal Wealth Advisors LLC purchased a new position in shares of The PNC Financial Services Group in the 1st quarter valued at about $35,000. WPG Advisers LLC purchased a new position in shares of The PNC Financial Services Group in the 1st quarter valued at about $36,000. Finally, Fourth Dimension Wealth LLC purchased a new position in shares of The PNC Financial Services Group in the 1st quarter valued at about $41,000. 83.53% of the stock is owned by institutional investors and hedge funds.

The PNC Financial Services Group Trading Down 3.6%

NYSE:PNC opened at $183.72 on Friday. The stock’s 50 day moving average price is $198.64 and its 200 day moving average price is $183.56. The company has a market capitalization of $72.35 billion, a PE ratio of 12.57, a P/E/G ratio of 1.36 and a beta of 1.10. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.99. The PNC Financial Services Group, Inc has a 52-week low of $145.12 and a 52-week high of $216.26.

The PNC Financial Services Group (NYSE:PNC) last posted its quarterly earnings data on Wednesday, July 16th. The financial services provider reported $3.85 earnings per share for the quarter, topping analysts’ consensus estimates of $3.56 by $0.29. The PNC Financial Services Group had a return on equity of 11.07% and a net margin of 18.33%.The company had revenue of $3.01 billion during the quarter, compared to analysts’ expectations of $5.61 billion. During the same period last year, the firm earned $3.39 EPS. The firm’s revenue for the quarter was up 4.6% on a year-over-year basis. The PNC Financial Services Group has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, research analysts anticipate that The PNC Financial Services Group, Inc will post 15.37 EPS for the current year.

The PNC Financial Services Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 5th. Shareholders of record on Tuesday, October 14th will be given a dividend of $1.70 per share. This represents a $6.80 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend is Tuesday, October 14th. The PNC Financial Services Group’s dividend payout ratio (DPR) is presently 46.51%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on PNC shares. Piper Sandler upgraded The PNC Financial Services Group from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $211.00 to $220.00 in a report on Thursday. Raymond James Financial increased their price objective on The PNC Financial Services Group from $220.00 to $225.00 and gave the company an “outperform” rating in a report on Friday, September 19th. Oppenheimer dropped their price objective on The PNC Financial Services Group from $238.00 to $235.00 and set an “outperform” rating on the stock in a report on Tuesday, September 23rd. Wall Street Zen upgraded The PNC Financial Services Group from a “sell” rating to a “hold” rating in a report on Friday, July 18th. Finally, UBS Group raised their price target on The PNC Financial Services Group from $224.00 to $229.00 and gave the stock a “buy” rating in a research note on Tuesday, October 7th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $218.21.

The PNC Financial Services Group Profile

The PNC Financial Services Group, Inc operates as a diversified financial services company in the United States. It operates through three segments: Retail Banking, Corporate & Institutional Banking, and Asset Management Group segments. The company's Retail Banking segment offers checking, savings, and money market accounts, as well as time deposit; residential mortgages, home equity loans and lines of credit, auto loans, credit cards, education loans, and personal and small business loans and lines of credit; and brokerage, insurance, and investment and cash management services.