The PNC Financial Services Group (NYSE:PNC - Get Free Report) announced its quarterly earnings results on Tuesday. The financial services provider reported $3.51 EPS for the quarter, beating analysts' consensus estimates of $3.47 by $0.04, Zacks reports. The firm had revenue of $5.45 billion during the quarter, compared to analysts' expectations of $5.50 billion. The PNC Financial Services Group had a net margin of 17.10% and a return on equity of 11.12%. The PNC Financial Services Group updated its Q2 2025 guidance to EPS and its FY 2025 guidance to EPS.
The PNC Financial Services Group Price Performance
PNC stock traded up $0.51 during mid-day trading on Friday, hitting $152.05. The company had a trading volume of 3,564,375 shares, compared to its average volume of 1,989,650. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 1.13. The company has a market capitalization of $60.17 billion, a price-to-earnings ratio of 11.06, a P/E/G ratio of 1.55 and a beta of 1.04. The PNC Financial Services Group has a 12-month low of $145.12 and a 12-month high of $216.26. The company has a 50-day moving average price of $174.58 and a 200 day moving average price of $189.29.
The PNC Financial Services Group Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 5th. Stockholders of record on Wednesday, April 16th will be paid a $1.60 dividend. The ex-dividend date is Wednesday, April 16th. This represents a $6.40 dividend on an annualized basis and a dividend yield of 4.21%. The PNC Financial Services Group's dividend payout ratio (DPR) is presently 45.20%.
Insider Transactions at The PNC Financial Services Group
In other The PNC Financial Services Group news, CEO William S. Demchak sold 641 shares of the stock in a transaction on Friday, April 11th. The stock was sold at an average price of $150.63, for a total value of $96,553.83. Following the sale, the chief executive officer now owns 562,932 shares in the company, valued at $84,794,447.16. This trade represents a 0.11 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have sold a total of 11,819 shares of company stock worth $2,127,508 in the last three months. Insiders own 0.41% of the company's stock.
Institutional Investors Weigh In On The PNC Financial Services Group
A hedge fund recently raised its stake in The PNC Financial Services Group stock. Brighton Jones LLC increased its stake in The PNC Financial Services Group, Inc. (NYSE:PNC - Free Report) by 32.2% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,041 shares of the financial services provider's stock after purchasing an additional 984 shares during the period. Brighton Jones LLC's holdings in The PNC Financial Services Group were worth $779,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 83.53% of the company's stock.
Wall Street Analysts Forecast Growth
Several research analysts have commented on the stock. Stephens restated an "equal weight" rating and set a $200.00 price objective on shares of The PNC Financial Services Group in a research report on Friday, January 17th. Hsbc Global Res upgraded The PNC Financial Services Group from a "hold" rating to a "strong-buy" rating in a research report on Monday, March 31st. HSBC upgraded The PNC Financial Services Group from a "hold" rating to a "buy" rating and decreased their target price for the company from $206.00 to $202.00 in a research report on Monday, March 31st. Wells Fargo & Company decreased their price target on shares of The PNC Financial Services Group from $235.00 to $230.00 and set an "overweight" rating on the stock in a report on Friday, March 28th. Finally, Morgan Stanley dropped their price target on shares of The PNC Financial Services Group from $179.00 to $178.00 and set an "underweight" rating on the stock in a research report on Wednesday. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating, nine have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $200.88.
Check Out Our Latest Stock Report on PNC
The PNC Financial Services Group Company Profile
(
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The PNC Financial Services Group, Inc operates as a diversified financial services company in the United States. It operates through three segments: Retail Banking, Corporate & Institutional Banking, and Asset Management Group segments. The company's Retail Banking segment offers checking, savings, and money market accounts, as well as time deposit; residential mortgages, home equity loans and lines of credit, auto loans, credit cards, education loans, and personal and small business loans and lines of credit; and brokerage, insurance, and investment and cash management services.
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