Truist Financial Corporation $TFC Shares Sold by Pacer Advisors Inc.

Posted by Francis Steltz on Aug 7th, 2026

Pacer Advisors Inc. trimmed its holdings in Truist Financial Corporation (NYSE:TFC – Free Report) by 51.0% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 63,288 shares of the insurance provider’s stock after selling 65,893 shares during the quarter. Pacer Advisors Inc.’s holdings in Truist Financial were worth $2,909,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in TFC. Kemnay Advisory Services Inc. acquired a new position in Truist Financial during the 4th quarter worth $25,000. Swiss RE Ltd. bought a new position in shares of Truist Financial in the fourth quarter worth $26,000. McMillan Office Inc. acquired a new position in shares of Truist Financial during the fourth quarter valued at $31,000. Maseco LLP increased its holdings in shares of Truist Financial by 53.8% during the fourth quarter. Maseco LLP now owns 652 shares of the insurance provider’s stock valued at $32,000 after purchasing an additional 228 shares during the period. Finally, Mowery & Schoenfeld Wealth Management LLC raised its stake in shares of Truist Financial by 190.7% during the fourth quarter. Mowery & Schoenfeld Wealth Management LLC now owns 657 shares of the insurance provider’s stock valued at $32,000 after purchasing an additional 431 shares in the last quarter. 71.28% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director K. David Jr. Boyer sold 3,986 shares of the stock in a transaction that occurred on 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 directly owned 10,270 shares of the company’s stock, valued at $520,689. This represents a 27.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO William H. Rogers, Jr. sold 13,250 shares of the firm’s stock in a transaction that occurred on Monday, July 20th. The stock was sold at an average price of $52.36, for a total transaction of $693,770.00. The disclosure for this sale is available in the SEC filing. Insiders have sold 30,516 shares of company stock worth $1,584,428 in the last ninety days. 0.15% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Evercore reaffirmed an “outperform” rating and issued a $57.00 price objective on shares of Truist Financial in a report on Monday, July 6th. UBS Group cut shares of Truist Financial from a “buy” rating to a “neutral” rating and lowered their target price for the company from $58.00 to $55.00 in a research note on Tuesday, July 7th. Raymond James Financial restated a “market perform” rating on shares of Truist Financial in a research report on Wednesday, July 1st. Royal Bank Of Canada upped their price target on shares of Truist Financial from $51.00 to $53.00 and gave the stock an “outperform” rating in a research note on Monday, April 20th. Finally, Citigroup cut shares of Truist Financial from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $63.00 to $54.00 in a report on Tuesday, June 30th. Seven investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $54.67.

Get Our Latest Analysis on Truist Financial

Truist Financial Trading Down 0.5%

Shares of TFC stock opened at $52.57 on Friday. The stock has a 50-day simple moving average of $50.61 and a 200 day simple moving average of $49.69. The stock has a market capitalization of $64.22 billion, a P/E ratio of 12.06, a P/E/G ratio of 0.96 and a beta of 0.89. Truist Financial Corporation has a fifty-two week low of $40.78 and a fifty-two week 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.

Truist Financial (NYSE:TFC – Get Free Report) last issued its quarterly earnings results on Friday, July 17th. The insurance provider reported $1.23 EPS for the quarter, topping the consensus estimate of $1.08 by $0.15. Truist Financial had a net margin of 19.13% and a return on equity of 10.06%. The firm had revenue of $5.31 billion for the quarter, compared to analysts’ expectations of $5.24 billion. During the same period in the previous year, the business earned $0.91 earnings per share. Truist Financial’s revenue for the quarter was up 5.6% compared to the same quarter last year. On average, sell-side analysts expect that Truist Financial Corporation will post 4.59 earnings per share for the current fiscal year.

Truist Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Friday, August 14th will be issued a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date is Friday, August 14th. Truist Financial’s payout ratio is presently 47.71%.

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.