Prudential Public Limited Company $PUK Shares Acquired by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. increased its stake in Prudential Public Limited Company (NYSE:PUK) by 438.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 105,131 shares of the financial services provider’s stock after acquiring an additional 85,615 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Prudential Public were worth $3,272,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of PUK. Allworth Financial LP increased its holdings in Prudential Public by 47.0% in the fourth quarter. Allworth Financial LP now owns 1,502 shares of the financial services provider’s stock valued at $47,000 after buying an additional 480 shares during the last quarter. Meridian Wealth Management LLC purchased a new position in Prudential Public in the fourth quarter valued at $207,000. Valeo Financial Advisors LLC increased its holdings in Prudential Public by 11.3% in the fourth quarter. Valeo Financial Advisors LLC now owns 11,440 shares of the financial services provider’s stock valued at $356,000 after buying an additional 1,161 shares during the last quarter. NewEdge Wealth LLC increased its holdings in Prudential Public by 14.1% in the fourth quarter. NewEdge Wealth LLC now owns 28,524 shares of the financial services provider’s stock valued at $888,000 after buying an additional 3,515 shares during the last quarter. Finally, Ethic Inc. increased its holdings in Prudential Public by 31.0% in the fourth quarter. Ethic Inc. now owns 54,684 shares of the financial services provider’s stock valued at $1,702,000 after buying an additional 12,956 shares during the last quarter. 1.90% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently commented on PUK. Weiss Ratings reissued a “hold (c+)” rating on shares of Prudential Public in a report on Wednesday, April 8th. Zacks Research raised Prudential Public from a “strong sell” rating to a “hold” rating in a report on Wednesday, April 8th. Morgan Stanley reissued an “overweight” rating on shares of Prudential Public in a report on Friday, May 15th. Finally, Jefferies Financial Group lowered Prudential Public from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 22nd. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, Prudential Public presently has an average rating of “Moderate Buy”.

Prudential Public Stock Performance

Shares of PUK stock opened at $30.49 on Monday. The stock’s 50-day moving average is $30.07 and its two-hundred day moving average is $30.33. Prudential Public Limited Company has a 1 year low of $22.14 and a 1 year high of $34.03. The company has a quick ratio of 0.04, a current ratio of 0.04 and a debt-to-equity ratio of 0.21.

Prudential Public (NYSE:PUK) last issued its quarterly earnings data on Saturday, February 14th. The financial services provider reported $25.85 earnings per share (EPS) for the quarter. The firm had revenue of $7.59 billion for the quarter. As a group, sell-side analysts forecast that Prudential Public Limited Company will post 2.16 earnings per share for the current year.

Prudential Public Announces Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, May 13th. Shareholders of record on Friday, March 27th were issued a dividend of $0.3778 per share. The ex-dividend date of this dividend was Friday, March 27th. This represents a dividend yield of 272.0%.

About Prudential Public

Prudential Public (NYSE: PUK) is the New York listing for Prudential plc, a London‑headquartered international life insurance and financial services group. The company provides a range of long‑term savings, retirement and protection products designed for individual and institutional customers. Its core offerings include life insurance, pensions and annuities, group protection, and wealth and asset management services delivered through both proprietary and third‑party distribution channels.

Prudential operates across multiple regions, with significant focus on fast‑growing markets in Asia and Africa alongside its established businesses in Europe and other international markets.