Prudential Financial (NYSE:PRU) Price Target Raised to $109.00 at Mizuho

Prudential Financial (NYSE:PRU) had its price objective upped by Mizuho from $101.00 to $109.00 in a research note released on Thursday,Benzinga reports. The firm currently has a neutral rating on the financial services provider’s stock.

Several other research analysts have also recently weighed in on the stock. Piper Sandler increased their price target on shares of Prudential Financial from $105.00 to $110.00 and gave the company a “neutral” rating in a report on Wednesday, June 24th. Bank of America reduced their price objective on Prudential Financial from $112.00 to $104.00 and set a “neutral” rating for the company in a report on Tuesday, April 14th. Argus lowered Prudential Financial from a “buy” rating to a “hold” rating in a research note on Tuesday, June 9th. Zacks Research upgraded Prudential Financial from a “strong sell” rating to a “hold” rating in a research note on Friday, June 12th. Finally, Barclays upped their price objective on Prudential Financial from $90.00 to $92.00 and gave the company an “underweight” rating in a report on Tuesday. Eleven research analysts have rated the stock with a Hold rating and five have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce” and an average target price of $103.00.

Prudential Financial Trading Up 2.0%

Shares of Prudential Financial stock opened at $114.92 on Thursday. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.16 and a quick ratio of 0.16. The business has a fifty day simple moving average of $105.20 and a two-hundred day simple moving average of $104.02. Prudential Financial has a 1 year low of $91.89 and a 1 year high of $119.76. The company has a market capitalization of $39.88 billion, a price-to-earnings ratio of 11.82, a P/E/G ratio of 2.05 and a beta of 0.85.

Prudential Financial (NYSE:PRU) last issued its quarterly earnings data on Tuesday, May 5th. The financial services provider reported $3.61 earnings per share for the quarter, beating the consensus estimate of $3.09 by $0.52. The company had revenue of $15.23 billion for the quarter, compared to analyst estimates of $14.10 billion. Prudential Financial had a net margin of 5.83% and a return on equity of 16.33%. During the same period in the prior year, the firm earned $3.29 earnings per share. Research analysts forecast that Prudential Financial will post 13.81 EPS for the current year.

Prudential Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, June 11th. Investors of record on Tuesday, May 26th were paid a $1.40 dividend. This represents a $5.60 annualized dividend and a dividend yield of 4.9%. The ex-dividend date was Tuesday, May 26th. Prudential Financial’s payout ratio is 57.61%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of PRU. Jessup Wealth Management Inc acquired a new position in shares of Prudential Financial in the 4th quarter valued at approximately $25,000. Garton & Associates Financial Advisors LLC bought a new position in shares of Prudential Financial in the 4th quarter valued at $26,000. Salomon & Ludwin LLC raised its holdings in shares of Prudential Financial by 98.3% during the 4th quarter. Salomon & Ludwin LLC now owns 230 shares of the financial services provider’s stock worth $27,000 after buying an additional 114 shares in the last quarter. SJS Investment Consulting Inc. lifted its position in shares of Prudential Financial by 93.1% during the 1st quarter. SJS Investment Consulting Inc. now owns 278 shares of the financial services provider’s stock worth $27,000 after buying an additional 134 shares during the last quarter. Finally, Lodestone Wealth Management LLC bought a new position in Prudential Financial in the fourth quarter valued at about $28,000. Institutional investors and hedge funds own 56.83% of the company’s stock.

Key Prudential Financial News

Here are the key news stories impacting Prudential Financial this week:

• Positive Sentiment: Prudential Financial announced it will release second-quarter 2026 earnings on August 4 and host a strategy call on August 5, giving investors a clear near-term event to watch. Prudential Financial, Inc. to Announce Second Quarter 2026 Earnings; Schedules Earnings and Strategy Call
• Positive Sentiment: Mizuho raised its price target on PRU to $109 from $101, suggesting improved expectations even though it kept a neutral rating. Benzinga report on Mizuho price target update
• Neutral Sentiment: Wells Fargo also lifted its price target on Prudential Financial to $103 from $100, but maintained an underweight rating, which still implies downside from the current share price. Benzinga report on Wells Fargo price target update
• Neutral Sentiment: Analyst sentiment remains cautious overall, with a consensus recommendation of “Reduce,” limiting enthusiasm despite recent price-target increases. Prudential Financial, Inc. Receives Consensus Recommendation of “Reduce” from Analysts
• Neutral Sentiment: Macro articles about inflation and retirement spending may be broadly relevant to Prudential’s retirement-related businesses, but they do not appear to be direct company-specific catalysts. Retirement inflation fears vs. reality: Why it’s actually not as scary as it seems

About Prudential Financial

Prudential Financial, Inc, headquartered in Newark, New Jersey, is a diversified financial services company with roots dating to 1875. The firm provides a range of insurance, retirement and investment products aimed at helping individual and institutional clients manage risk, accumulate and protect wealth, and plan for retirement. Prudential’s long history in life insurance and related financial services has positioned it as a major participant in the U.S. insurance market and a provider of services to a broad client base.

Prudential’s core business activities include individual life insurance, annuities, retirement solutions and group insurance products for employers.