DOWLING & PARTN Has Positive Outlook of PRU FY2026 Earnings

Prudential Financial, Inc. (NYSE:PRU) – Investment analysts at DOWLING & PARTN boosted their FY2026 EPS estimates for shares of Prudential Financial in a research note issued on Friday, July 17th. DOWLING & PARTN analyst J. Hurwitz now forecasts that the financial services provider will earn $14.00 per share for the year, up from their prior forecast of $13.80. The consensus estimate for Prudential Financial’s current full-year earnings is $13.83 per share.

Prudential Financial (NYSE:PRU) last posted its quarterly earnings data on Tuesday, May 5th. The financial services provider reported $3.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.09 by $0.52. Prudential Financial had a net margin of 5.83% and a return on equity of 16.33%. The company had revenue of $15.23 billion for the quarter, compared to the consensus estimate of $14.10 billion. During the same quarter in the previous year, the firm posted $3.29 EPS.

Several other equities analysts have also recently commented on the company. Barclays upped their price target on Prudential Financial from $90.00 to $92.00 and gave the company an “underweight” rating in a report on Tuesday, July 7th. UBS Group lowered their price objective on Prudential Financial from $105.00 to $98.00 and set a “neutral” rating on the stock in a research report on Thursday, April 9th. JPMorgan Chase & Co. upped their target price on Prudential Financial from $117.00 to $129.00 and gave the company a “neutral” rating in a research note on Tuesday. Wells Fargo & Company raised their target price on Prudential Financial from $100.00 to $103.00 and gave the stock an “underweight” rating in a research report on Thursday, July 9th. Finally, Wall Street Zen upgraded shares of Prudential Financial from a “hold” rating to a “buy” rating in a research note on Saturday, July 18th. One equities research analyst has rated the stock with a Buy rating, eleven have given a Hold rating and five have issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Reduce” and an average price target of $105.46.

Prudential Financial Stock Down 0.9%

PRU stock opened at $117.78 on Wednesday. Prudential Financial has a twelve month low of $91.89 and a twelve month high of $120.58. The company has a quick ratio of 0.16, a current ratio of 0.16 and a debt-to-equity ratio of 0.58. The company has a market cap of $40.87 billion, a PE ratio of 12.12, a price-to-earnings-growth ratio of 2.36 and a beta of 0.85. The business’s 50-day simple moving average is $108.55 and its 200 day simple moving average is $104.25.

Hedge Funds Weigh In On Prudential Financial

Hedge funds have recently modified their holdings of the stock. Jessup Wealth Management Inc acquired a new position in Prudential Financial during the fourth quarter worth $25,000. Garton & Associates Financial Advisors LLC acquired a new stake in shares of Prudential Financial in the 4th quarter valued at $26,000. Salomon & Ludwin LLC boosted its stake in shares of Prudential Financial by 98.3% in the 4th quarter. Salomon & Ludwin LLC now owns 230 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 114 shares in the last quarter. SJS Investment Consulting Inc. grew its holdings in shares of Prudential Financial by 93.1% in the 1st quarter. SJS Investment Consulting Inc. now owns 278 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 134 shares during the last quarter. Finally, Lodestone Wealth Management LLC acquired a new stake in shares of Prudential Financial during the 4th quarter worth about $28,000. 56.83% of the stock is owned by institutional investors and hedge funds.

Prudential Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 11th. Shareholders of record on Tuesday, May 26th were issued a dividend of $1.40 per share. This represents a $5.60 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date of this dividend was Tuesday, May 26th. Prudential Financial’s payout ratio is presently 57.61%.

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.