Pinnacle Financial Partners (NYSE:PNFP) Upgraded to “Strong-Buy” at Benchmark

Posted by Geri Gentry on Jun 26th, 2026

Benchmark upgraded shares of Pinnacle Financial Partners (NYSE:PNFP – Free Report) to a strong-buy rating in a research report released on Wednesday morning,Zacks.com reports.

PNFP has been the subject of a number of other reports. TD Cowen decreased their price objective on shares of Pinnacle Financial Partners from $125.00 to $121.00 and set a “buy” rating for the company in a report on Monday, April 27th. Wall Street Zen raised Pinnacle Financial Partners from a “sell” rating to a “hold” rating in a research note on Tuesday, May 12th. UBS Group lifted their price target on Pinnacle Financial Partners from $110.00 to $120.00 and gave the company a “buy” rating in a report on Friday, April 24th. Citigroup increased their price target on shares of Pinnacle Financial Partners from $122.00 to $126.00 and gave the company a “buy” rating in a research note on Thursday. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Pinnacle Financial Partners in a research report on Thursday, June 4th. Three analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $116.06.

View Our Latest Report on Pinnacle Financial Partners

Pinnacle Financial Partners Price Performance

Shares of PNFP stock opened at $98.50 on Wednesday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.90 and a current ratio of 0.90. Pinnacle Financial Partners has a fifty-two week low of $81.08 and a fifty-two week high of $120.46. The business has a 50-day moving average price of $96.59. The firm has a market cap of $7.64 billion, a price-to-earnings ratio of 13.66, a P/E/G ratio of 0.37 and a beta of 1.04.

Pinnacle Financial Partners (NYSE:PNFP – Get Free Report) last announced its quarterly earnings results on Wednesday, April 22nd. The company reported $2.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.30 by $0.09. The business had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.20 billion. Pinnacle Financial Partners had a return on equity of 10.61% and a net margin of 15.02%. As a group, research analysts expect that Pinnacle Financial Partners will post 10.25 EPS for the current year.

Pinnacle Financial Partners Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 1st were issued a dividend of $0.50 per share. The ex-dividend date was Friday, May 1st. This represents a $2.00 dividend on an annualized basis and a yield of 2.0%. Pinnacle Financial Partners’s dividend payout ratio (DPR) is 27.74%.

Institutional Trading of Pinnacle Financial Partners

A number of institutional investors and hedge funds have recently modified their holdings of PNFP. AQR Capital Management LLC boosted its stake in Pinnacle Financial Partners by 63.1% during the 4th quarter. AQR Capital Management LLC now owns 5,330,170 shares of the company’s stock worth $508,551,000 after acquiring an additional 2,062,504 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Pinnacle Financial Partners by 80.4% during the first quarter. Dimensional Fund Advisors LP now owns 5,035,295 shares of the company’s stock worth $433,712,000 after buying an additional 2,244,659 shares in the last quarter. State Street Corp raised its position in Pinnacle Financial Partners by 5.5% in the 4th quarter. State Street Corp now owns 3,451,939 shares of the company’s stock valued at $329,350,000 after buying an additional 179,819 shares during the last quarter. Wellington Management Group LLP lifted its stake in Pinnacle Financial Partners by 42.2% in the 4th quarter. Wellington Management Group LLP now owns 3,067,116 shares of the company’s stock valued at $292,634,000 after acquiring an additional 910,367 shares in the last quarter. Finally, Invesco Ltd. boosted its position in Pinnacle Financial Partners by 9.6% during the 4th quarter. Invesco Ltd. now owns 2,188,080 shares of the company’s stock worth $208,765,000 after acquiring an additional 191,292 shares during the last quarter. 87.40% of the stock is owned by institutional investors.

About Pinnacle Financial Partners

(Get Free Report)

Pinnacle Financial Partners (NYSE: PNFP) is a bank holding company headquartered in Nashville, Tennessee, that provides a broad range of commercial and consumer banking services. Founded in 2000, the company operates through a network of banking offices and digital channels to serve individuals, small and middle-market businesses, and institutional clients. Pinnacle’s business model emphasizes relationship-based banking and tailored financial solutions for commercial borrowers and deposit customers.

The company’s product and service offerings include commercial and residential lending, treasury and payment solutions, deposit accounts, mortgage services, and cash management.