Pinnacle Financial Partners, Inc. $PNFP Position Increased by Sowell Financial Services LLC

Posted by George Bondi on Oct 23rd, 2026

Sowell Financial Services LLC grew its position in Pinnacle Financial Partners, Inc. (NYSE:PNFP – Free Report) by 105.5% during the third quarter, Holdings Channel reports. The institutional investor owned 23,174 shares of the company’s stock after acquiring an additional 11,896 shares during the quarter. Sowell Financial Services LLC’s holdings in Pinnacle Financial Partners were worth $2,169,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of PNFP. BlackRock Inc. bought a new position in shares of Pinnacle Financial Partners during the 2nd quarter worth approximately $1,704,708,000. Dimensional Fund Advisors LP lifted its position in Pinnacle Financial Partners by 80.4% during the first quarter. Dimensional Fund Advisors LP now owns 5,035,295 shares of the company’s stock valued at $433,712,000 after acquiring an additional 2,244,659 shares during the last quarter. Wellington Management Group LLP boosted its stake in Pinnacle Financial Partners by 22.1% in the second quarter. Wellington Management Group LLP now owns 11,141,397 shares of the company’s stock valued at $1,123,944,000 after acquiring an additional 2,016,827 shares in the last quarter. Bank of New York Mellon Corp acquired a new stake in Pinnacle Financial Partners in the second quarter valued at approximately $133,031,000. Finally, The Manufacturers Life Insurance Company acquired a new stake in Pinnacle Financial Partners in the second quarter valued at approximately $117,624,000. Hedge funds and other institutional investors own 87.40% of the company’s stock.

Pinnacle Financial Partners Stock Performance

Shares of Pinnacle Financial Partners stock opened at $100.44 on Friday. The company has a 50 day moving average price of $97.96 and a 200 day moving average price of $98.26. The firm has a market capitalization of $7.79 billion, a P/E ratio of 10.00, a PEG ratio of 0.40 and a beta of 1.03. The company has a quick ratio of 0.93, a current ratio of 0.94 and a debt-to-equity ratio of 0.73. Pinnacle Financial Partners, Inc. has a 52 week low of $81.08 and a 52 week high of $110.33.

Pinnacle Financial Partners (NYSE:PNFP – Get Free Report) last released its earnings results on Wednesday, October 21st. The company reported $2.69 earnings per share for the quarter, topping the consensus estimate of $2.62 by $0.07. The company had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.28 billion. Pinnacle Financial Partners had a net margin of 15.97% and a return on equity of 11.88%. Sell-side analysts expect that Pinnacle Financial Partners, Inc. will post 10.20 EPS for the current year.

Pinnacle Financial Partners Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Friday, August 7th were issued a $0.50 dividend. The ex-dividend date of this dividend was Friday, August 7th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.0%. Pinnacle Financial Partners’s dividend payout ratio (DPR) is currently 27.47%.

Pinnacle Financial Partners News Roundup

Here are the key news stories impacting Pinnacle Financial Partners this week:

Positive Sentiment: Q3 earnings and revenue exceeded expectations. Pinnacle reported adjusted earnings of $2.69 per share, above the roughly $2.61–$2.62 consensus estimate and up from $2.27 a year earlier. Revenue reached approximately $1.31 billion to $1.32 billion, exceeding the $1.28 billion FactSet estimate. Earnings Flash
Positive Sentiment: Profitability remained solid. The quarterly results included a net margin of about 15.4% and return on equity of 10.93%, supporting the view that Pinnacle is converting revenue growth into earnings. The earnings release covers both the third quarter and the first nine months ended September 30, 2026. Third-Quarter Earnings Results
Positive Sentiment: Recruiting momentum continued. Pinnacle added 96 revenue-producing team members during the third quarter, with experienced hires across the Southeast. The additions could support future loan, deposit and fee-income growth, although the financial benefit will depend on how quickly the new teams generate business. Pinnacle Adds 96 Revenue-Producing Team Members

Analyst Ratings Changes

PNFP has been the topic of a number of recent analyst reports. Citigroup upped their price target on Pinnacle Financial Partners from $122.00 to $126.00 and gave the stock a “buy” rating in a research report on Thursday, June 25th. Hovde Group assumed coverage on Pinnacle Financial Partners in a report on Wednesday, September 16th. They set an “outperform” rating and a $125.00 price objective for the company. Piper Sandler raised their price objective on Pinnacle Financial Partners from $123.00 to $125.00 and gave the stock an “overweight” rating in a research report on Friday, October 2nd. Benchmark boosted their target price on Pinnacle Financial Partners from $125.00 to $130.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Finally, Evercore set a $108.00 target price on Pinnacle Financial Partners in a research note on Thursday, October 1st. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $118.47.

Check Out Our Latest Research Report on PNFP

Insiders Place Their Bets

In related news, Director Gregory Montana acquired 500 shares of the stock in a transaction dated Thursday, September 10th. The stock was acquired at an average cost of $98.61 per share, for a total transaction of $49,305.00. Following the completion of the purchase, the director owned 4,959 shares of the company’s stock, valued at approximately $489,006.99. This represents a 11.21% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider M. Turner sold 66,783 shares of the business’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $108.01, for a total transaction of $7,213,231.83. Following the sale, the insider directly owned 302,230 shares in the company, valued at $32,643,862.30. This trade represents a 18.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 177,228 shares of company stock valued at $19,153,713. Insiders own 1.30% of the company’s stock.

Pinnacle Financial Partners Company Profile

(Free Report)

Pinnacle Financial Partners, Inc is a bank holding company headquartered in Nashville, Tennessee. Through its primary subsidiary, Pinnacle Bank, the company provides banking and financial services to businesses, professionals, entrepreneurs and individuals.

Its offerings include commercial and consumer loans, deposit accounts, treasury and cash-management services, mortgage lending, investment and wealth-management services, trust services and insurance solutions. Pinnacle emphasizes relationship-based banking and serves clients through offices and financial professionals in Tennessee and selected markets in the Carolinas and Virginia.

Founded in 2000, Pinnacle has expanded from its Nashville base into a broader regional banking franchise through organic growth and acquisitions.