Prudential Financial, Inc. $PRU Shares Purchased by Lynx Investment Advisory

Posted by on Oct 29th, 2026

Lynx Investment Advisory raised its holdings in shares of Prudential Financial, Inc. (NYSE:PRU – Free Report) by 204.5% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 9,288 shares of the financial services provider’s stock after acquiring an additional 6,238 shares during the period. Lynx Investment Advisory’s holdings in Prudential Financial were worth $1,055,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in PRU. Orca Investment Management LLC acquired a new position in Prudential Financial in the second quarter valued at about $2,605,000. Jones Financial Companies Lllp boosted its holdings in Prudential Financial by 21.3% during the second quarter. Jones Financial Companies Lllp now owns 58,436 shares of the financial services provider’s stock worth $6,325,000 after buying an additional 10,257 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in Prudential Financial by 2.7% during the second quarter. Envestnet Asset Management Inc. now owns 739,294 shares of the financial services provider’s stock worth $79,792,000 after buying an additional 19,451 shares during the last quarter. Assenagon Asset Management S.A. grew its position in shares of Prudential Financial by 379.8% during the 2nd quarter. Assenagon Asset Management S.A. now owns 619,701 shares of the financial services provider’s stock worth $66,884,000 after buying an additional 490,553 shares during the period. Finally, Allianz Asset Management GmbH grew its position in shares of Prudential Financial by 32.4% during the 2nd quarter. Allianz Asset Management GmbH now owns 28,105 shares of the financial services provider’s stock worth $3,033,000 after buying an additional 6,877 shares during the period. Institutional investors and hedge funds own 56.83% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently commented on PRU. Piper Sandler lowered their price target on Prudential Financial from $128.00 to $120.00 and set a “neutral” rating for the company in a research note on Monday, October 12th. Morgan Stanley reduced their price objective on shares of Prudential Financial from $105.00 to $100.00 and set an “underweight” rating on the stock in a research note on Monday, October 19th. BMO Capital Markets upped their target price on shares of Prudential Financial from $90.00 to $120.00 and gave the company an “underperform” rating in a research note on Friday, August 21st. Bank of America cut their target price on shares of Prudential Financial from $132.00 to $130.00 and set a “neutral” rating on the stock in a report on Monday, October 12th. Finally, Keefe, Bruyette & Woods reduced their price target on shares of Prudential Financial from $123.00 to $119.00 and set a “market perform” rating on the stock in a research report on Friday, October 16th. Two analysts have rated the stock with a Buy rating, nine have given a Hold rating and six have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Prudential Financial currently has a consensus rating of “Reduce” and a consensus price target of $111.27.

Get Our Latest Report on Prudential Financial

Insider Transactions at Prudential Financial

In other Prudential Financial news, EVP Ann Kappler sold 7,652 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $125.01, for a total transaction of $956,576.52. Following the sale, the executive vice president directly owned 14,407 shares in the company, valued at approximately $1,801,019.07. This trade represents a 34.69% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.05% of the company’s stock.

Prudential Financial Stock Up 0.1%

NYSE:PRU opened at $115.29 on Thursday. Prudential Financial, Inc. has a 1 year low of $91.89 and a 1 year high of $127.72. The stock has a 50-day moving average price of $117.15 and a two-hundred day moving average price of $108.81. The stock has a market cap of $39.77 billion, a price-to-earnings ratio of 10.44, a PEG ratio of 1.84 and a beta of 0.85. The company has a current ratio of 0.16, a quick ratio of 0.16 and a debt-to-equity ratio of 0.62.

Prudential Financial (NYSE:PRU – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The financial services provider reported $4.08 EPS for the quarter, topping analysts’ consensus estimates of $3.52 by $0.56. Prudential Financial had a return on equity of 16.68% and a net margin of 6.51%. The company had revenue of $14.15 billion for the quarter, compared to analyst estimates of $14.36 billion. During the same quarter last year, the firm posted $3.58 earnings per share. As a group, equities analysts expect that Prudential Financial, Inc. will post 13.52 earnings per share for the current year.

Prudential Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Tuesday, August 25th were paid a dividend of $1.40 per share. This represents a $5.60 dividend on an annualized basis and a yield of 4.9%. The ex-dividend date of this dividend was Tuesday, August 25th. Prudential Financial’s dividend payout ratio is presently 50.72%.

Prudential Financial Profile

(Free Report)

Prudential Financial, Inc (NYSE: PRU) is a global financial services company that provides insurance, retirement, investment management and related financial products. Founded in Newark, New Jersey, in 1875, the company serves individuals, businesses and institutional investors through a range of businesses and distribution channels.

In the United States, Prudential offers life insurance, annuities, retirement plans and employee benefits, including group life, disability and dental insurance.

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

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