The PNC Financial Services Group (NYSE:PNC) Sets New 1-Year High After Analyst Upgrade

The PNC Financial Services Group, Inc (NYSE:PNC)’s share price reached a new 52-week high during trading on Monday after Barclays raised their price target on the stock from $235.00 to $271.00. Barclays currently has an overweight rating on the stock. The PNC Financial Services Group traded as high as $219.27 and last traded at $219.1130, with a volume of 451649 shares traded. The stock had previously closed at $211.46.

PNC has been the topic of a number of other research reports. Truist Financial increased their price objective on The PNC Financial Services Group from $210.00 to $229.00 and gave the company a “hold” rating in a report on Thursday, December 18th. Citigroup increased their price target on The PNC Financial Services Group from $217.00 to $230.00 and gave the company a “buy” rating in a report on Tuesday, September 23rd. Cfra Research raised shares of The PNC Financial Services Group to a “moderate buy” rating in a research report on Thursday, October 16th. Morgan Stanley boosted their price objective on shares of The PNC Financial Services Group from $186.00 to $206.00 and gave the stock an “underweight” rating in a research note on Monday, September 29th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of The PNC Financial Services Group in a research note on Monday, December 22nd. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $221.11.

Insider Buying and Selling at The PNC Financial Services Group

In other news, EVP Guild Deborah sold 1,080 shares of the firm’s stock in a transaction on Friday, October 24th. The shares were sold at an average price of $186.97, for a total value of $201,927.60. Following the sale, the executive vice president owned 27,335 shares in the company, valued at approximately $5,110,824.95. This trade represents a 3.80% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Michael Duane Thomas sold 1,000 shares of the stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $183.57, for a total transaction of $183,570.00. Following the completion of the sale, the executive vice president directly owned 5,802 shares of the company’s stock, valued at approximately $1,065,073.14. This trade represents a 14.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.41% of the company’s stock.

More The PNC Financial Services Group News

Here are the key news stories impacting The PNC Financial Services Group this week:

• Positive Sentiment: PNC completed its $4.1 billion acquisition of FirstBank, a deal that expands PNC’s footprint in Colorado and Arizona and begins the integration that management says will convert FirstBank customers in 2026. PNC Completes Acquisition of FirstBank
• Positive Sentiment: The FirstBank buyout is being framed as a growth/scale move that increases retail deposit and branch presence in attractive markets — a reason investors perceive longer-term revenue upside. PNC Financial Expands Colorado, Arizona Reach With FirstBank Buyout
• Positive Sentiment: PNC declared a $1.70 quarterly dividend (payable Feb. 5, record date Jan. 20), supporting the stock’s income appeal with a yield around 3.2%. PNC Declares Dividend of $1.70 on Common Stock
• Positive Sentiment: Barclays raised its price target to $271 and kept an overweight rating — a meaningful analyst endorsement that increases bullish sentiment and presents a sizable upside to current levels. Analyst Price Target Raise
• Positive Sentiment: PNC continues to broaden product reach (e.g., partnerships enabling crypto trading) and pursue acquisitions/partnerships as a growth playbook, which investors view as diversification of revenue channels. PNC’s Growth Playbook
• Neutral Sentiment: PNC announced the redemption of $500M of senior floating-rate notes due Jan. 15, 2027 — a liability management action that reduces near-term debt but uses cash/alternate funding. PNC Announces Redemption of Senior Floating Rate Notes
• Neutral Sentiment: Company updates note completion of the deal alongside a preferred issuance — a capital action that supports regulatory capital post-acquisition but is neutral for near-term EPS until impact is clearer. PNC Financial Completes FirstBank Acquisition and Preferred Issuance
• Neutral Sentiment: Recent valuation and comparison pieces (PNC vs. JPM and post-share-strength valuation looks) are generating debate on whether the stock’s multiple already reflects acquisition-driven growth; these analyses can temper or support further moves based on investor view. A Look At PNC Valuation

Institutional Trading of The PNC Financial Services Group

A number of hedge funds have recently modified their holdings of the company. Brighton Jones LLC raised its stake in shares of The PNC Financial Services Group by 32.2% in the fourth quarter. Brighton Jones LLC now owns 4,041 shares of the financial services provider’s stock valued at $779,000 after purchasing an additional 984 shares in the last quarter. Integrated Wealth Concepts LLC raised its stake in shares of The PNC Financial Services Group by 2.7% in the 1st quarter. Integrated Wealth Concepts LLC now owns 7,355 shares of the financial services provider’s stock valued at $1,293,000 after buying an additional 196 shares in the last quarter. Kestra Investment Management LLC lifted its holdings in shares of The PNC Financial Services Group by 11.4% during the 1st quarter. Kestra Investment Management LLC now owns 566 shares of the financial services provider’s stock worth $99,000 after acquiring an additional 58 shares during the period. Goldman Sachs Group Inc. boosted its position in shares of The PNC Financial Services Group by 41.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,818,090 shares of the financial services provider’s stock valued at $495,336,000 after acquiring an additional 830,440 shares in the last quarter. Finally, Voleon Capital Management LP acquired a new stake in shares of The PNC Financial Services Group during the 1st quarter valued at about $993,000. Institutional investors own 83.53% of the company’s stock.

The PNC Financial Services Group Stock Performance

The company has a debt-to-equity ratio of 0.99, a current ratio of 0.81 and a quick ratio of 0.81. The firm has a market cap of $85.51 billion, a P/E ratio of 14.09, a PEG ratio of 1.08 and a beta of 0.99. The stock’s 50 day moving average is $197.32 and its two-hundred day moving average is $195.62.

The PNC Financial Services Group (NYSE:PNC) last released its quarterly earnings data on Wednesday, October 15th. The financial services provider reported $4.35 earnings per share for the quarter, beating analysts’ consensus estimates of $4.05 by $0.30. The PNC Financial Services Group had a return on equity of 11.47% and a net margin of 19.30%.The company had revenue of $5.92 billion for the quarter, compared to the consensus estimate of $5.82 billion. During the same period in the previous year, the business earned $3.49 earnings per share. The company’s quarterly revenue was up 8.9% on a year-over-year basis. As a group, equities analysts predict that The PNC Financial Services Group, Inc will post 15.37 EPS for the current year.

The PNC Financial Services Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 5th. Shareholders of record on Tuesday, January 20th will be paid a dividend of $1.70 per share. This represents a $6.80 annualized dividend and a yield of 3.1%. The ex-dividend date is Tuesday, January 20th. The PNC Financial Services Group’s dividend payout ratio is currently 43.93%.

About The PNC Financial Services Group

The PNC Financial Services Group, Inc is a diversified financial services company headquartered in Pittsburgh, Pennsylvania, offering a broad range of banking, lending, investment and wealth management services. PNC operates a national banking franchise with a significant retail branch network and dedicated capabilities for commercial, institutional and government clients. Its services are designed to serve individuals, small businesses, corporations and public sector entities across the United States.

PNC’s core business activities include consumer and business banking, residential mortgage lending, corporate and institutional banking, asset management and wealth advisory services.