Townsquare Capital LLC Has $4.55 Million Holdings in The PNC Financial Services Group, Inc. (NYSE:PNC) (2025)

Townsquare Capital LLC raised its stake in The PNC Financial Services Group, Inc. (NYSE:PNC - Free Report) by 29.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 23,567 shares of the financial services provider's stock after purchasing an additional 5,363 shares during the period. Townsquare Capital LLC's holdings in The PNC Financial Services Group were worth $4,545,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of PNC. Qtron Investments LLC raised its holdings in The PNC Financial Services Group by 18.7% in the 4th quarter. Qtron Investments LLC now owns 6,082 shares of the financial services provider's stock valued at $1,173,000 after acquiring an additional 959 shares during the period. Rockefeller Capital Management L.P. grew its position in shares of The PNC Financial Services Group by 3.5% in the fourth quarter. Rockefeller Capital Management L.P. now owns 142,226 shares of the financial services provider's stock valued at $27,416,000 after purchasing an additional 4,770 shares during the last quarter. Heritage Trust Co bought a new position in shares of The PNC Financial Services Group during the fourth quarter worth approximately $3,408,000. Jaffetilchin Investment Partners LLC lifted its holdings in The PNC Financial Services Group by 972.7% during the 4th quarter. Jaffetilchin Investment Partners LLC now owns 7,273 shares of the financial services provider's stock worth $1,403,000 after purchasing an additional 6,595 shares during the last quarter. Finally, Treasurer of the State of North Carolina boosted its stake in The PNC Financial Services Group by 0.6% in the 4th quarter. Treasurer of the State of North Carolina now owns 174,681 shares of the financial services provider's stock valued at $33,687,000 after purchasing an additional 1,100 shares during the period. 83.53% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, CEO William S. Demchak sold 1,242 shares of The PNC Financial Services Group stock in a transaction on Friday, January 24th. The shares were sold at an average price of $196.17, for a total transaction of $243,643.14. Following the completion of the transaction, the chief executive officer now owns 523,829 shares of the company's stock, valued at $102,759,534.93. This trade represents a 0.24 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold a total of 13,061 shares of company stock valued at $2,373,424 over the last ninety days. 0.41% of the stock is owned by company insiders.

The PNC Financial Services Group Trading Down 2.6 %

NYSE PNC traded down $4.06 during trading hours on Wednesday, reaching $151.33. The company's stock had a trading volume of 2,875,356 shares, compared to its average volume of 1,980,469. The firm has a fifty day simple moving average of $175.48 and a 200-day simple moving average of $189.51. The company has a debt-to-equity ratio of 1.13, a current ratio of 0.81 and a quick ratio of 0.81. The PNC Financial Services Group, Inc. has a 52 week low of $145.12 and a 52 week high of $216.26. The stock has a market cap of $59.89 billion, a P/E ratio of 11.01, a P/E/G ratio of 1.55 and a beta of 1.04.

The PNC Financial Services Group (NYSE:PNC - Get Free Report) last released its quarterly earnings results on Tuesday, April 15th. The financial services provider reported $3.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.47 by $0.04. The PNC Financial Services Group had a net margin of 17.10% and a return on equity of 11.12%. The firm had revenue of $5.45 billion during the quarter, compared to the consensus estimate of $5.50 billion. Equities analysts forecast that The PNC Financial Services Group, Inc. will post 15.37 earnings per share for the current fiscal year.

The PNC Financial Services Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, May 5th. Stockholders of record on Wednesday, April 16th will be given a dividend of $1.60 per share. The ex-dividend date of this dividend is Wednesday, April 16th. This represents a $6.40 dividend on an annualized basis and a dividend yield of 4.23%. The PNC Financial Services Group's dividend payout ratio (DPR) is 46.55%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Stephens reiterated 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. Keefe, Bruyette & Woods lowered their price target on shares of The PNC Financial Services Group from $195.00 to $185.00 and set an "underperform" rating on the stock in a research report on Wednesday. Royal Bank of Canada dropped their price objective on shares of The PNC Financial Services Group from $205.00 to $195.00 and set an "outperform" rating for the company in a research note on Wednesday. Morgan Stanley decreased their target price 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. Finally, Barclays dropped their price target on shares of The PNC Financial Services Group from $257.00 to $235.00 and set an "overweight" rating for the company in a research report on Wednesday. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $200.88.

Get Our Latest Analysis on The PNC Financial Services Group

The PNC Financial Services Group Company Profile

(Free Report)

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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