The PNC Financial Services Group, Inc $PNC Stock: Nippon Life Global Investors Americas Inc. Cuts Holdings

Posted by Brenda Bartman on Nov 2nd, 2026

Nippon Life Global Investors Americas Inc. decreased its position in The PNC Financial Services Group, Inc (NYSE:PNC – Free Report) by 68.7% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 8,110 shares of the financial services provider’s stock after selling 17,820 shares during the period. Nippon Life Global Investors Americas Inc.’s holdings in The PNC Financial Services Group were worth $1,803,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. BlackRock Inc. bought a new position in The PNC Financial Services Group during the second quarter worth about $7,921,455,000. Bank of America Corp DE bought a new stake in shares of The PNC Financial Services Group in the second quarter worth about $2,102,631,000. Deutsche Bank AG bought a new stake in shares of The PNC Financial Services Group in the second quarter worth about $1,054,189,000. Jupiter Topco LLC acquired a new stake in shares of The PNC Financial Services Group during the second quarter worth about $756,877,000. Finally, Legal & General Group Plc acquired a new stake in shares of The PNC Financial Services Group during the second quarter worth about $669,168,000. Institutional investors own 83.53% of the company’s stock.

Insider Buying and Selling

In other news, EVP Stacy Juchno sold 3,354 shares of The PNC Financial Services Group stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $255.84, for a total value of $858,087.36. Following the completion of the transaction, the executive vice president owned 18,800 shares of the company’s stock, valued at $4,809,792. This trade represents a 15.14% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.38% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

PNC has been the topic of several recent analyst reports. Keefe, Bruyette & Woods cut their price objective on The PNC Financial Services Group from $260.00 to $250.00 and set a “market perform” rating on the stock in a report on Friday, October 16th. Wells Fargo & Company raised their target price on shares of The PNC Financial Services Group from $270.00 to $285.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. Argus upped their target price on shares of The PNC Financial Services Group from $250.00 to $280.00 and gave the stock a “buy” rating in a research note on Thursday, July 16th. TD Cowen cut their price target on The PNC Financial Services Group from $245.00 to $240.00 and set a “hold” rating on the stock in a report on Friday, October 16th. Finally, UBS Group dropped their target price on The PNC Financial Services Group from $288.00 to $286.00 and set a “buy” rating on the stock in a research report on Monday, October 5th. Seventeen investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $266.17.

Get Our Latest Analysis on The PNC Financial Services Group

The PNC Financial Services Group Stock Performance

Shares of NYSE PNC opened at $227.88 on Monday. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.83 and a current ratio of 0.84. The stock has a 50 day moving average price of $230.03 and a 200 day moving average price of $228.88. The stock has a market capitalization of $90.91 billion, a PE ratio of 12.13, a price-to-earnings-growth ratio of 1.18 and a beta of 0.94. The PNC Financial Services Group, Inc has a 52 week low of $177.08 and a 52 week high of $258.96.

The PNC Financial Services Group (NYSE:PNC – Get Free Report) last announced its quarterly earnings data on Thursday, October 15th. The financial services provider reported $5.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.91 by $0.18. The company had revenue of $6.60 billion for the quarter, compared to analysts’ expectations of $6.61 billion. The PNC Financial Services Group had a return on equity of 12.82% and a net margin of 21.83%. The business’s revenue was up 10.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $4.35 EPS. Analysts predict that The PNC Financial Services Group, Inc will post 19.22 earnings per share for the current fiscal year.

The PNC Financial Services Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 5th. Shareholders of record on Wednesday, October 14th will be given a dividend of $2.00 per share. This represents a $8.00 annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend is Wednesday, October 14th. The PNC Financial Services Group’s dividend payout ratio is 42.58%.

The PNC Financial Services Group Company Profile

(Free Report)

The PNC Financial Services Group, Inc is a diversified financial services company headquartered in Pittsburgh, Pennsylvania. Through its principal banking subsidiary, PNC Bank, the company provides banking, lending, investment, and related financial services to individuals, small businesses, corporations, government entities, and institutional clients.

PNC’s consumer offerings include checking and savings accounts, credit cards, mortgages, home equity loans, personal lending, and online and mobile banking.