Prudential Financial, Inc. $PRU Shares Sold by Northwestern Mutual Wealth Management Co.

Posted by Geri Gentry on Sep 4th, 2026

Northwestern Mutual Wealth Management Co. reduced its position in shares of Prudential Financial, Inc. (NYSE:PRU – Free Report) by 9.6% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 47,211 shares of the financial services provider’s stock after selling 5,038 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Prudential Financial were worth $5,096,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. BlackRock Inc. bought a new position in shares of Prudential Financial in the 2nd quarter worth about $3,507,481,000. Bank of New York Mellon Corp bought a new stake in shares of Prudential Financial during the 2nd quarter valued at about $209,055,000. Bank of America Corp DE acquired a new stake in Prudential Financial during the second quarter worth about $208,957,000. Deutsche Bank AG bought a new position in Prudential Financial in the second quarter worth about $157,752,000. Finally, Arrowstreet Capital Limited Partnership boosted its stake in Prudential Financial by 95.3% in the first quarter. Arrowstreet Capital Limited Partnership now owns 2,556,748 shares of the financial services provider’s stock valued at $249,769,000 after acquiring an additional 1,247,371 shares during the period. Institutional investors and hedge funds own 56.83% of the company’s stock.

Prudential Financial News Roundup

Here are the key news stories impacting Prudential Financial this week:

Positive Sentiment: Prudential Advisors added an experienced advisor overseeing more than $106 million in client assets. Zachary Karason joined the Mid America Financial Group after roles at U.S. Bancorp Advisors and Merrill Lynch. The move could modestly support Prudential’s wealth-management growth and advisor recruiting efforts. Prudential Advisors Welcomes Zachary Karason to Mid America Financial Group
Neutral Sentiment: Prudential’s latest earnings were better than expected, but revenue fell short of estimates. The company reported quarterly earnings of $4.08 per share, above the $3.52 analyst consensus, while revenue of $14.16 billion trailed the $14.36 billion estimate. The earnings beat is supportive, although the revenue miss and comparisons with the prior year provide a mixed signal for investors. Prudential Down Since Last Earnings Report: Can It Rebound?
Negative Sentiment: PRU has slightly underperformed since its earnings release. A market update noted that the stock was down 0.3% over the 30 days following its report, suggesting that the earnings beat has not yet translated into sustained momentum and that investors may be looking for stronger forward guidance or estimate revisions. Prudential Down 0.3% Since Last Earnings Report

Insider Buying and Selling

In other news, EVP Ann M. Kappler sold 7,652 shares of the firm’s stock in a transaction on Friday, August 14th. The stock was sold at an average price of $125.01, for a total transaction of $956,576.52. Following the completion of the sale, the executive vice president directly owned 14,407 shares of the company’s stock, valued at $1,801,019.07. This trade represents a 34.69% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, major shareholder Insurance Co Of Ame Prudential sold 214,746 shares of the business’s stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $24.75, for a total value of $5,314,963.50. Following the sale, the insider directly owned 7,973,657 shares in the company, valued at $197,348,010.75. This trade represents a 2.62% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.05% of the stock is owned by insiders.

Prudential Financial Stock Up 2.8%

Shares of PRU stock opened at $123.15 on Friday. Prudential Financial, Inc. has a 1 year low of $91.89 and a 1 year high of $127.72. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.16 and a current ratio of 0.16. The business’s fifty day moving average is $118.90 and its 200-day moving average is $106.72. The stock has a market cap of $42.49 billion, a PE ratio of 11.15, a price-to-earnings-growth ratio of 1.80 and a beta of 0.83.

Prudential Financial (NYSE:PRU – Get Free Report) last announced its earnings results on Tuesday, August 4th. The financial services provider reported $4.08 earnings per share for the quarter, beating the consensus estimate of $3.52 by $0.56. The business had revenue of $14.15 billion during the quarter, compared to analysts’ expectations of $14.36 billion. Prudential Financial had a return on equity of 16.68% and a net margin of 6.51%.During the same quarter last year, the business posted $3.58 earnings per share. Equities analysts expect that Prudential Financial, Inc. will post 14.51 earnings per share for the current fiscal year.

Prudential Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Tuesday, August 25th will be paid a $1.40 dividend. The ex-dividend date of this dividend is Tuesday, August 25th. This represents a $5.60 annualized dividend and a dividend yield of 4.5%. Prudential Financial’s payout ratio is currently 50.72%.

Wall Street Analyst Weigh In

PRU has been the topic of several recent research reports. Zacks Research raised Prudential Financial from a “strong sell” rating to a “hold” rating in a report on Friday, June 12th. Mizuho raised their target price on Prudential Financial from $101.00 to $109.00 and gave the company a “neutral” rating in a research note on Thursday, July 9th. Morgan Stanley upped their price target on shares of Prudential Financial from $92.00 to $105.00 and gave the stock an “underweight” rating in a research report on Monday, August 24th. Piper Sandler lifted their price objective on shares of Prudential Financial from $110.00 to $128.00 and gave the company a “neutral” rating in a research report on Tuesday, August 11th. Finally, Wells Fargo & Company raised their price target on shares of Prudential Financial from $103.00 to $110.00 and gave the company an “underweight” rating in a research note on Wednesday, August 19th. One research analyst has rated the stock with a Buy rating, eleven have issued a Hold rating and five have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Prudential Financial has an average rating of “Reduce” and an average price target of $109.31.

Check Out Our Latest Stock Analysis on PRU

Prudential Financial Profile

(Free Report)

Prudential Financial, Inc, headquartered in Newark, New Jersey, is a diversified financial services company with roots dating to 1875. The firm provides a range of insurance, retirement and investment products aimed at helping individual and institutional clients manage risk, accumulate and protect wealth, and plan for retirement. Prudential’s long history in life insurance and related financial services has positioned it as a major participant in the U.S. insurance market and a provider of services to a broad client base.

Prudential’s core business activities include individual life insurance, annuities, retirement solutions and group insurance products for employers.

Institutional Ownership by Quarter for Prudential Financial (NYSE:PRU)

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