MW Advisory LLC Acquires New Stake in Truist Financial Corporation $TFC

Posted by Geri Gentry on Sep 5th, 2026

MW Advisory LLC bought a new position in shares of Truist Financial Corporation (NYSE:TFC – Free Report) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 12,135 shares of the insurance provider’s stock, valued at approximately $605,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Kemnay Advisory Services Inc. bought a new stake in shares of Truist Financial in the 4th quarter valued at about $25,000. Swiss RE Ltd. bought a new position in shares of Truist Financial during the fourth quarter worth about $26,000. N.E.W. Advisory Services LLC bought a new position in shares of Truist Financial during the second quarter worth about $30,000. Navigoe LLC acquired a new position in shares of Truist Financial in the second quarter worth approximately $30,000. Finally, McMillan Office Inc. acquired a new position in shares of Truist Financial in the fourth quarter worth approximately $31,000. 71.28% of the stock is owned by institutional investors and hedge funds.

Truist Financial Stock Up 0.1%

Shares of Truist Financial stock opened at $51.68 on Friday. The stock’s 50-day moving average is $51.55 and its 200 day moving average is $49.58. Truist Financial Corporation has a one year low of $40.78 and a one year high of $56.19. The firm has a market cap of $63.13 billion, a price-to-earnings ratio of 11.85, a PEG ratio of 1.08 and a beta of 0.88. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.86 and a quick ratio of 0.86.

Truist Financial (NYSE:TFC – Get Free Report) last issued its quarterly earnings results on Friday, July 17th. The insurance provider reported $1.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.08 by $0.15. The firm had revenue of $5.31 billion for the quarter, compared to analyst estimates of $5.24 billion. Truist Financial had a return on equity of 10.06% and a net margin of 19.13%.The company’s revenue was up 5.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.91 earnings per share. Equities research analysts anticipate that Truist Financial Corporation will post 4.58 EPS for the current year.

Truist Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Friday, August 14th were paid a $0.52 dividend. The ex-dividend date was Friday, August 14th. This represents a $2.08 annualized dividend and a dividend yield of 4.0%. Truist Financial’s payout ratio is currently 47.71%.

Analysts Set New Price Targets

TFC has been the subject of a number of recent analyst reports. Raymond James Financial reissued a “market perform” rating on shares of Truist Financial in a research report on Wednesday, July 1st. Evercore restated an “outperform” rating and issued a $57.00 price target on shares of Truist Financial in a research report on Monday, July 6th. Citigroup lowered shares of Truist Financial from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $63.00 to $54.00 in a research note on Tuesday, June 30th. Wall Street Zen upgraded shares of Truist Financial from a “sell” rating to a “hold” rating in a research report on Saturday, August 8th. Finally, Bank of America reiterated a “neutral” rating and set a $56.00 price objective (up from $54.00) on shares of Truist Financial in a research report on Wednesday, July 8th. Seven research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $55.12.

View Our Latest Report on TFC

Insider Activity at Truist Financial

In other Truist Financial news, insider Dontá Wilson sold 13,280 shares of the firm’s stock in a transaction on Friday, July 31st. The shares were sold at an average price of $51.85, for a total value of $688,568.00. Following the completion of the sale, the insider directly 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 transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO William H. Rogers, Jr. sold 13,250 shares of Truist Financial stock in a transaction on Monday, July 20th. The shares were 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 quarter. Company insiders own 0.15% of the company’s stock.

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.