Truist Financial Corporation $TFC Stock: Royal Fund Management LLC Trims Stake

Posted by Stanley Muller on Oct 24th, 2026

Royal Fund Management LLC trimmed its position in Truist Financial Corporation (NYSE:TFC – Free Report) by 67.3% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,333 shares of the insurance provider’s stock after selling 25,410 shares during the quarter. Royal Fund Management LLC’s holdings in Truist Financial were worth $571,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in TFC. Brookstone Capital Management raised its stake in Truist Financial by 14.6% in the 3rd quarter. Brookstone Capital Management now owns 110,721 shares of the insurance provider’s stock worth $5,126,000 after purchasing an additional 14,065 shares in the last quarter. Virtue Asset Management LLC grew its position in shares of Truist Financial by 4.3% during the 3rd quarter. Virtue Asset Management LLC now owns 19,644 shares of the insurance provider’s stock worth $910,000 after purchasing an additional 810 shares in the last quarter. NBT Bank N.A. bought a new position in shares of Truist Financial during the third quarter worth approximately $625,000. Root Financial Partners LLC bought a new position in shares of Truist Financial during the third quarter worth approximately $137,000. Finally, Woodward Diversified Capital LLC increased its holdings in shares of Truist Financial by 7.4% during the third quarter. Woodward Diversified Capital LLC now owns 4,388 shares of the insurance provider’s stock worth $203,000 after purchasing an additional 303 shares during the period. Institutional investors own 71.28% of the company’s stock.

Insider Transactions at Truist Financial

In other news, insider Dontá Wilson sold 13,280 shares of the stock in a transaction dated 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 transaction, the insider owned 56,009 shares of the company’s stock, valued at approximately $2,904,066.65. This represents a 19.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Michael P. Lyons purchased 21,000 shares of Truist Financial stock in a transaction dated Thursday, September 17th. The stock was bought at an average price of $48.36 per share, for a total transaction of $1,015,560.00. Following the completion of the purchase, the chief executive officer owned 21,000 shares in the company, valued at $1,015,560. This represents a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 0.15% of the company’s stock.

Truist Financial Price Performance

TFC traded up $0.08 during trading on Friday, hitting $48.50. 6,657,650 shares of the stock traded hands, compared to its average volume of 8,370,216. Truist Financial Corporation has a twelve month low of $43.13 and a twelve month high of $56.19. The company has a market cap of $59.24 billion, a price-to-earnings ratio of 12.50, a PEG ratio of 1.08 and a beta of 0.92. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.88 and a quick ratio of 0.88. The business has a 50 day moving average price of $48.68 and a 200 day moving average price of $49.66.

Truist Financial (NYSE:TFC – Get Free Report) last released its earnings results on Friday, October 16th. The insurance provider reported $1.16 earnings per share for the quarter, missing the consensus estimate of $1.17 by ($0.01). The business had revenue of $5.30 billion for the quarter, compared to the consensus estimate of $5.35 billion. Truist Financial had a return on equity of 10.37% and a net margin of 18.01%. The firm’s revenue for the quarter was up 1.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.04 earnings per share. Equities research analysts forecast that Truist Financial Corporation will post 4.66 earnings per share for the current fiscal year.

Truist Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Friday, August 14th were paid a $0.52 dividend. The ex-dividend date of this dividend was Friday, August 14th. This represents a $2.08 annualized dividend and a yield of 4.3%. Truist Financial’s dividend payout ratio (DPR) is 53.61%.

Analyst Upgrades and Downgrades

TFC has been the subject of several recent research reports. TD Cowen initiated coverage on Truist Financial in a research note on Thursday, October 8th. They issued a “hold” rating and a $52.00 price target for the company. Evercore restated an “outperform” rating and set a $57.00 price objective on shares of Truist Financial in a research note on Monday, July 6th. JPMorgan Chase & Co. dropped their price objective on Truist Financial from $54.00 to $50.50 and set an “underweight” rating for the company in a report on Friday, October 2nd. Wall Street Zen upgraded Truist Financial from a “sell” rating to a “hold” rating in a research report on Saturday, August 8th. Finally, HSBC started coverage on Truist Financial in a report on Monday, September 28th. They set a “buy” rating and a $61.00 target price on the stock. Seven research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, Truist Financial currently has an average rating of “Hold” and an average target price of $53.87.

Get Our Latest Stock Report on Truist Financial

About Truist Financial

(Free Report)

Truist Financial Corporation is a financial services company headquartered in Charlotte, North Carolina, operating through its principal subsidiary, Truist Bank. The company provides banking, lending, investment, insurance and wealth management services to consumers, small businesses, commercial clients and institutional customers.

Its offerings include checking and savings accounts, mortgages, consumer loans, credit cards, commercial and industrial lending, treasury and payment services, investment banking, brokerage, asset management and insurance products.