Prudential Financial (NYSE:PRU – Get Free Report) had its price objective upped by analysts at Barclays from $94.00 to $98.00 in a note issued to investors on Wednesday, Benzinga reports. The brokerage presently has an “underweight” rating on the financial services provider’s stock. Barclays‘s target price would indicate a potential downside of 22.68% from the company’s current price.
Other analysts have also recently issued reports about the company. Morgan Stanley lowered their target price on Prudential Financial from $105.00 to $100.00 and set an “underweight” rating on the stock in a research report on Monday, October 19th. Mizuho set a $108.00 price objective on shares of Prudential Financial in a report on Monday, October 12th. Evercore lowered their target price on shares of Prudential Financial from $110.00 to $106.00 in a research note on Friday, October 9th. Piper Sandler dropped their price target on shares of Prudential Financial from $128.00 to $120.00 and set a “neutral” rating on the stock in a research report on Monday, October 12th. Finally, Jefferies Financial Group reduced their price target on shares of Prudential Financial from $116.00 to $109.00 and set a “buy” rating for the company in a research note on Monday, October 12th. Two equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and six have issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Reduce” and an average target price of $111.53.
Get Our Latest Stock Analysis on Prudential Financial
Prudential Financial Stock Performance
Shares of Prudential Financial stock traded up $7.94 during trading on Wednesday, hitting $126.75. 1,699,366 shares of the stock were exchanged, compared to its average volume of 2,009,202. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.16 and a current ratio of 0.16. Prudential Financial has a 12 month low of $91.89 and a 12 month high of $127.79. The stock’s fifty day moving average is $116.83 and its 200 day moving average is $108.81. The stock has a market cap of $43.73 billion, a PE ratio of 11.48, a P/E/G ratio of 1.98 and a beta of 0.85.
Prudential Financial (NYSE:PRU – Get Free Report) last posted its earnings results on Tuesday, November 3rd. The financial services provider reported $3.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.34 by $0.43. Prudential Financial had a net margin of 6.51% and a return on equity of 16.68%. The firm had revenue of $13.49 billion during the quarter, compared to analyst estimates of $14.66 billion. During the same period in the previous year, the business posted $4.26 EPS. As a group, sell-side analysts anticipate that Prudential Financial will post 13.51 EPS for the current year.
Insider Activity
In related news, EVP Ann Kappler sold 7,652 shares of the business’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 value of $956,576.52. Following the sale, the executive vice president directly owned 14,407 shares in the company, valued at $1,801,019.07. The trade was a 34.69% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.05% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of the stock. Archer Investment Corp acquired a new position in shares of Prudential Financial in the 2nd quarter worth $26,000. Team Financial Group LLC acquired a new position in shares of Prudential Financial in the 3rd quarter valued at $27,000. Heritage Family Offices LLP acquired a new position in shares of Prudential Financial in the 3rd quarter valued at $33,000. MADDEN SECURITIES Corp purchased a new position in Prudential Financial in the 3rd quarter worth about $38,000. Finally, Center for Financial Planning Inc. increased its stake in Prudential Financial by 90.4% in the 3rd quarter. Center for Financial Planning Inc. now owns 339 shares of the financial services provider’s stock worth $39,000 after purchasing an additional 161 shares in the last quarter. Institutional investors own 56.83% of the company’s stock.
Key Headlines Impacting Prudential Financial
Here are the key news stories impacting Prudential Financial this week:
- Positive Sentiment: Adjusted earnings of $3.77 per share beat analyst estimates of about $3.31–$3.34, with strength in PGIM and U.S. protection businesses. The earnings beat is the clearest positive catalyst. PRU Q3 Earnings Beat Estimates on PGIM and U.S. Protection Strength
- Positive Sentiment: Annuity sales reached a 13-year high, suggesting strong demand in a significant business line. Prudential annuity sales hit a 13-year high
- Negative Sentiment: Revenue of $13.49 billion fell short of the $14.66 billion consensus, and EPS was below the $4.26 reported a year earlier. This tempers the earnings beat. Prudential misses Q3 2026 revenue estimates
- Negative Sentiment: Japan business headwinds include a suspension that cut income by $191 million and a reported $1.3 billion Japan-related cost as Prudential reshapes its regional footprint. Prudential counts Japan cost as it reshapes its footprint
- Negative Sentiment: Zacks added PRU to its Rank #5 (Strong Sell) list, a negative analyst signal that may weigh on sentiment despite the quarterly EPS beat. New Strong Sell Stocks for November 4th
About Prudential Financial
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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