NEOS Investment Management LLC Has $4.13 Million Position in The PNC Financial Services Group, Inc. (NYSE:PNC) (2025)

NEOS Investment Management LLC increased its position in The PNC Financial Services Group, Inc. (NYSE:PNC - Free Report) by 30.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,401 shares of the financial services provider's stock after buying an additional 4,973 shares during the quarter. NEOS Investment Management LLC's holdings in The PNC Financial Services Group were worth $4,127,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of PNC. Mirae Asset Global Investments Co. Ltd. lifted its holdings in The PNC Financial Services Group by 25.3% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 40,074 shares of the financial services provider's stock valued at $7,739,000 after acquiring an additional 8,081 shares during the last quarter. Fifth Third Wealth Advisors LLC lifted its stake in The PNC Financial Services Group by 48.5% during the fourth quarter. Fifth Third Wealth Advisors LLC now owns 26,758 shares of the financial services provider's stock valued at $5,160,000 after purchasing an additional 8,735 shares during the last quarter. Mn Services Vermogensbeheer B.V. boosted its holdings in The PNC Financial Services Group by 2.0% during the fourth quarter. Mn Services Vermogensbeheer B.V. now owns 156,609 shares of the financial services provider's stock worth $30,202,000 after buying an additional 3,100 shares in the last quarter. PKS Advisory Services LLC acquired a new position in The PNC Financial Services Group in the fourth quarter worth approximately $357,000. Finally, Root Financial Partners LLC acquired a new stake in shares of The PNC Financial Services Group during the 4th quarter valued at $346,000. Institutional investors and hedge funds own 83.53% of the company's stock.

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The PNC Financial Services Group Trading Down 0.1 %

NYSE:PNC traded down $0.24 during mid-day trading on Tuesday, hitting $175.53. The company had a trading volume of 489,857 shares, compared to its average volume of 1,876,748. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.81 and a current ratio of 0.81. The firm has a market cap of $69.46 billion, a P/E ratio of 12.76, a P/E/G ratio of 1.55 and a beta of 1.13. The business's fifty day moving average is $187.46 and its two-hundred day moving average is $192.20. The PNC Financial Services Group, Inc. has a fifty-two week low of $143.52 and a fifty-two week high of $216.26.

The PNC Financial Services Group (NYSE:PNC - Get Free Report) last issued its quarterly earnings data on Thursday, January 16th. The financial services provider reported $3.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.26 by $0.51. The PNC Financial Services Group had a return on equity of 11.12% and a net margin of 17.10%. The business had revenue of $5.57 billion during the quarter, compared to analyst estimates of $5.51 billion. During the same period in the previous year, the firm earned $3.16 EPS. The PNC Financial Services Group's quarterly revenue was up 3.8% compared to the same quarter last year. As a group, research analysts expect that The PNC Financial Services Group, Inc. will post 15.37 earnings per share for the current year.

The PNC Financial Services Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, February 5th. Shareholders of record on Wednesday, January 15th were given a dividend of $1.60 per share. This represents a $6.40 annualized dividend and a dividend yield of 3.65%. The ex-dividend date of this dividend was Wednesday, January 15th. The PNC Financial Services Group's dividend payout ratio (DPR) is 46.55%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on PNC shares. The Goldman Sachs Group decreased their target price on The PNC Financial Services Group from $211.00 to $188.00 and set a "neutral" rating on the stock in a report on Wednesday, March 19th. Wells Fargo & Company cut their price objective on The PNC Financial Services Group from $235.00 to $230.00 and set an "overweight" rating on the stock in a report on Friday. HSBC raised shares of The PNC Financial Services Group from a "hold" rating to a "buy" rating and reduced their price objective for the company from $206.00 to $202.00 in a research note on Monday. Piper Sandler boosted their price target on shares of The PNC Financial Services Group from $200.00 to $220.00 and gave the company a "neutral" rating in a report on Tuesday, December 3rd. Finally, Barclays raised their price objective on shares of The PNC Financial Services Group from $229.00 to $257.00 and gave the stock an "overweight" rating in a research note on Monday, January 6th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, The PNC Financial Services Group has an average rating of "Hold" and an average target price of $204.12.

Check Out Our Latest Stock Analysis on The PNC Financial Services Group

Insiders Place Their Bets

In other The PNC Financial Services Group news, CEO William S. Demchak sold 1,242 shares of the firm's stock in a transaction on Friday, January 10th. The stock was sold at an average price of $192.88, for a total transaction of $239,556.96. Following the completion of the sale, the chief executive officer now owns 526,313 shares of the company's stock, valued at $101,515,251.44. This trade represents a 0.24 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Over the last three months, insiders have sold 12,420 shares of company stock valued at $2,342,313. 0.41% of the stock is currently owned by corporate insiders.

About The PNC Financial Services Group

(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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NEOS Investment Management LLC Has $4.13 Million Position in The PNC Financial Services Group, Inc. (NYSE:PNC) (1)

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NEOS Investment Management LLC Has $4.13 Million Position in The PNC Financial Services Group, Inc. (NYSE:PNC) (2)

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NEOS Investment Management LLC Has $4.13 Million Position in The PNC Financial Services Group, Inc. (NYSE:PNC) (2025)

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