Bleakley Financial Group LLC Grows Stake in The PNC Financial Services Group, Inc $PNC

Bleakley Financial Group LLC boosted its holdings in The PNC Financial Services Group, Inc (NYSE:PNC) by 12.7% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,834 shares of the financial services provider’s stock after purchasing an additional 2,015 shares during the quarter. Bleakley Financial Group LLC’s holdings in The PNC Financial Services Group were worth $3,711,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Quarry LP acquired a new stake in The PNC Financial Services Group in the third quarter valued at about $25,000. Monetary Solutions Ltd acquired a new position in The PNC Financial Services Group during the 4th quarter worth approximately $25,000. Modus Advisors LLC acquired a new position in The PNC Financial Services Group during the 4th quarter worth approximately $29,000. Financial Life Planners purchased a new position in shares of The PNC Financial Services Group during the 1st quarter worth approximately $31,000. Finally, Kemnay Advisory Services Inc. purchased a new position in shares of The PNC Financial Services Group during the 4th quarter worth approximately $32,000. 83.53% of the stock is currently owned by hedge funds and other institutional investors.

The PNC Financial Services Group Stock Up 1.0%

PNC stock opened at $254.30 on Thursday. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.83 and a quick ratio of 0.82. The company’s 50 day simple moving average is $231.73 and its 200-day simple moving average is $222.96. The PNC Financial Services Group, Inc has a 12 month low of $176.88 and a 12 month high of $256.22. The firm has a market capitalization of $102.12 billion, a PE ratio of 14.78, a P/E/G ratio of 1.03 and a beta of 0.91.

The PNC Financial Services Group (NYSE:PNC) last announced its earnings results on Wednesday, July 15th. The financial services provider reported $4.85 earnings per share for the quarter, beating the consensus estimate of $4.46 by $0.39. The firm had revenue of $6.66 billion during the quarter, compared to the consensus estimate of $6.51 billion. The PNC Financial Services Group had a net margin of 20.89% and a return on equity of 12.10%. The firm’s revenue for the quarter was up 21.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $3.85 EPS. Equities analysts expect that The PNC Financial Services Group, Inc will post 18.83 earnings per share for the current fiscal year.

The PNC Financial Services Group Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 5th. Stockholders of record on Monday, July 20th will be given a dividend of $2.00 per share. The ex-dividend date of this dividend is Monday, July 20th. This is an increase from The PNC Financial Services Group’s previous quarterly dividend of $1.70. This represents a $8.00 dividend on an annualized basis and a dividend yield of 3.1%. The PNC Financial Services Group’s dividend payout ratio is presently 39.51%.

Insider Activity

In related news, EVP Michael Duane Thomas sold 1,500 shares of the business’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $238.14, for a total value of $357,210.00. Following the transaction, the executive vice president owned 5,059 shares in the company, valued at approximately $1,204,750.26. The trade was a 22.87% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Stephanie Novosel sold 1,800 shares of The PNC Financial Services Group stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $228.73, for a total value of $411,714.00. Following the completion of the transaction, the executive vice president owned 3,107 shares of the company’s stock, valued at approximately $710,664.11. The trade was a 36.68% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 48,300 shares of company stock worth $10,694,574. 0.38% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on PNC. Wells Fargo & Company upped their price target on shares of The PNC Financial Services Group from $264.00 to $270.00 and gave the stock an “overweight” rating in a research note on Monday, July 6th. Morgan Stanley raised their price objective on shares of The PNC Financial Services Group from $267.00 to $278.00 and gave the company an “equal weight” rating in a research note on Monday, June 29th. Oppenheimer boosted their price objective on shares of The PNC Financial Services Group from $268.00 to $271.00 and gave the stock an “outperform” rating in a report on Tuesday, June 30th. Keefe, Bruyette & Woods upped their target price on shares of The PNC Financial Services Group from $247.00 to $253.00 and gave the stock a “market perform” rating in a research report on Thursday, April 16th. Finally, UBS Group increased their target price on shares of The PNC Financial Services Group from $263.00 to $288.00 and gave the company a “buy” rating in a report on Tuesday, July 7th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, The PNC Financial Services Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $258.09.

The PNC Financial Services Group News Summary

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

• Positive Sentiment: PNC reported second-quarter EPS of $4.85 and revenue of $6.66 billion, both above analyst estimates, helped by stronger net interest income, fee income, and loan growth. PNC Reports Second Quarter 2026 Net Income of $2.1 Billion, $4.81 Diluted EPS or $4.85 as Adjusted
• Positive Sentiment: The bank delivered record quarterly revenue and record fee income, with capital markets activity providing a meaningful boost to results. PNC Financial posts record quarterly revenue on capital markets windfall, FirstBank buy
• Positive Sentiment: PNC raised its quarterly common stock dividend to $2.00 per share, signaling confidence in earnings power and balance-sheet strength. PNC Reports Second Quarter 2026 Net Income of $2.1 Billion, $4.81 Diluted EPS or $4.85 as Adjusted
• Positive Sentiment: Management guided to 2026 loan growth of about 12.5%, net interest income growth of 15%-15.5%, and a net interest margin above 3% by year-end, suggesting continued momentum. PNC forecasts 2026 loan growth of ~12.5% and net interest income up 15%-15.5% as it targets >3% net interest margin by year-end
• Neutral Sentiment: The earnings conference call and presentation should give investors more detail on integration costs, capital markets trends, and balance-sheet outlook, but they do not add a new major catalyst by themselves. Transcript: PNC Financial Services Gr Q2 2026 Earnings Conference Call
• Negative Sentiment: Some coverage noted shares had been under pressure despite the beat because expenses rose and deposits declined, which may temper enthusiasm around the results. PNC Financial Q2 Earnings Top on NII & Fee Income Growth, Stock Down

The PNC Financial Services Group Company Profile

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.