Handelsbanken Fonder AB Buys 25,008 Shares of Truist Financial Corporation $TFC

Posted by Brian Himes on Aug 13th, 2026

Handelsbanken Fonder AB raised its stake in shares of Truist Financial Corporation (NYSE:TFC – Free Report) by 7.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 347,578 shares of the insurance provider’s stock after purchasing an additional 25,008 shares during the period. Handelsbanken Fonder AB’s holdings in Truist Financial were worth $17,316,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Auto Owners Insurance Co grew its stake in Truist Financial by 4,821.0% in the 4th quarter. Auto Owners Insurance Co now owns 14,172,480 shares of the insurance provider’s stock valued at $697,428,000 after buying an additional 13,884,480 shares during the last quarter. Wellington Management Group LLP lifted its position in Truist Financial by 13,511.7% during the 3rd quarter. Wellington Management Group LLP now owns 10,386,831 shares of the insurance provider’s stock worth $474,886,000 after acquiring an additional 10,310,523 shares during the last quarter. Norges Bank acquired a new position in Truist Financial during the 4th quarter worth $502,340,000. American Assets Investment Management LLC boosted its holdings in Truist Financial by 781.2% during the fourth quarter. American Assets Investment Management LLC now owns 3,384,000 shares of the insurance provider’s stock valued at $166,527,000 after acquiring an additional 3,000,000 shares during the period. Finally, Bank of New York Mellon Corp boosted its holdings in Truist Financial by 37.6% during the fourth quarter. Bank of New York Mellon Corp now owns 10,500,542 shares of the insurance provider’s stock valued at $516,732,000 after acquiring an additional 2,867,449 shares during the period. Institutional investors own 71.28% of the company’s stock.

Truist Financial Trading Up 0.7%

Truist Financial stock opened at $52.67 on Thursday. The business has a 50 day moving average price of $50.98 and a two-hundred day moving average price of $49.75. 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 Corporation has a 12 month low of $40.78 and a 12 month high of $56.19. The stock has a market cap of $64.34 billion, a price-to-earnings ratio of 12.08, a price-to-earnings-growth ratio of 0.95 and a beta of 0.89.

Truist Financial (NYSE:TFC – Get Free Report) last released its quarterly earnings data on Friday, July 17th. The insurance provider reported $1.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.08 by $0.15. The business had revenue of $5.31 billion for the quarter, compared to analysts’ expectations of $5.24 billion. Truist Financial had a return on equity of 10.06% and a net margin of 19.13%.Truist Financial’s quarterly revenue was up 5.6% on a year-over-year basis. During the same period in the previous year, the business posted $0.91 earnings per share. As a group, equities analysts forecast that Truist Financial Corporation will post 4.59 EPS for the current year.

Truist Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 14th will be paid a dividend of $0.52 per share. The ex-dividend date is Friday, August 14th. This represents a $2.08 dividend on an annualized basis and a yield of 3.9%. Truist Financial’s payout ratio is currently 47.71%.

Analysts Set New Price Targets

A number of research firms have recently commented on TFC. Bank of America reiterated a “neutral” rating and issued a $56.00 price objective (up from $54.00) on shares of Truist Financial in a research note on Wednesday, July 8th. Robert W. Baird increased their target price on Truist Financial from $55.00 to $56.00 and gave the company a “neutral” rating in a research note on Monday, July 20th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Truist Financial in a report on Wednesday, July 29th. Citigroup downgraded Truist Financial from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $63.00 to $54.00 in a research report on Tuesday, June 30th. Finally, Stephens cut their price target on Truist Financial from $59.00 to $57.00 and set an “overweight” rating for the company in a report on Tuesday, July 21st. Seven equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $54.67.

Check Out Our Latest Analysis on Truist Financial

Insiders Place Their Bets

In other news, Director K. David Jr. Boyer sold 3,986 shares of the firm’s stock in a transaction dated 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 transaction, the director directly owned 10,270 shares of the company’s stock, valued at approximately $520,689. This trade represents a 27.96% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Donta L. Wilson sold 13,280 shares of Truist Financial stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $51.85, for a total transaction of $688,568.00. Following the sale, the insider owned 56,009 shares in the company, valued at approximately $2,904,066.65. This trade represents a 19.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 30,516 shares of company stock worth $1,584,428 over the last 90 days. Corporate insiders own 0.15% of the company’s stock.

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.