GTS Securities LLC Lowers Holdings in Truist Financial Corporation $TFC

Posted by Brenda Bartman on Sep 1st, 2026

GTS Securities LLC lowered its holdings in Truist Financial Corporation (NYSE:TFC – Free Report) by 67.6% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,588 shares of the insurance provider’s stock after selling 11,637 shares during the period. GTS Securities LLC’s holdings in Truist Financial were worth $278,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in TFC. Kemnay Advisory Services Inc. purchased a new position in Truist Financial in the 4th quarter valued at approximately $25,000. Swiss RE Ltd. acquired a new position in shares of Truist Financial in the fourth quarter worth $26,000. N.E.W. Advisory Services LLC purchased a new stake in shares of Truist Financial during the second quarter worth $30,000. Navigoe LLC purchased a new stake in shares of Truist Financial during the second quarter worth $30,000. Finally, McMillan Office Inc. purchased a new stake in shares of Truist Financial during the fourth quarter worth $31,000. 71.28% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

TFC has been the subject of a number of recent research reports. Wall Street Zen upgraded Truist Financial from a “sell” rating to a “hold” rating in a report on Saturday, August 8th. UBS Group downgraded Truist Financial from a “buy” rating to a “neutral” rating and cut their price target for the stock from $58.00 to $55.00 in a report on Tuesday, July 7th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Truist Financial in a research report on Wednesday, July 29th. 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. Finally, Stephens decreased their price objective on Truist Financial from $59.00 to $57.00 and set an “overweight” rating for the company in a research note on Tuesday, July 21st. Seven investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $55.12.

View Our Latest Research Report on Truist Financial

Insider Activity

In other news, CEO William H. Rogers, Jr. sold 13,250 shares of Truist Financial stock in a transaction dated Monday, July 20th. The shares were sold at an average price of $52.36, for a total value of $693,770.00. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director K. David Jr. Boyer sold 3,986 shares of the business’s stock in a transaction that occurred on Thursday, July 23rd. The stock was sold at an average price of $50.70, for a total value of $202,090.20. Following the transaction, the director owned 10,270 shares in the company, valued at $520,689. The trade was a 27.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 30,516 shares of company stock valued at $1,584,428 over the last quarter. Corporate insiders own 0.15% of the company’s stock.

Truist Financial Price Performance

Shares of NYSE:TFC opened at $49.63 on Tuesday. The company’s fifty day moving average price is $51.49 and its 200 day moving average price is $49.60. Truist Financial Corporation has a 12 month low of $40.78 and a 12 month high of $56.19. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.86 and a quick ratio of 0.86. The firm has a market capitalization of $60.63 billion, a P/E ratio of 11.38, a P/E/G ratio of 1.06 and a beta of 0.89.

Truist Financial (NYSE:TFC – Get Free Report) last released 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. The business had revenue of $5.31 billion during 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%.The company’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.91 earnings per share. As a group, sell-side analysts predict that Truist Financial Corporation will post 4.58 earnings per share for the current fiscal year.

Truist Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Friday, August 14th will be paid a $0.52 dividend. This represents a $2.08 annualized dividend and a dividend yield of 4.2%. The ex-dividend date is Friday, August 14th. Truist Financial’s dividend payout ratio (DPR) is 47.71%.

Truist Financial Company Profile

(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.