Allspring Global Investments Holdings LLC Takes Position in Pinnacle Financial Partners, Inc. $PNFP

Allspring Global Investments Holdings LLC acquired a new position in shares of Pinnacle Financial Partners, Inc. (NYSE:PNFP) in the first quarter, HoldingsChannel reports. The firm acquired 80,244 shares of the company’s stock, valued at approximately $7,049,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Brown Brothers Harriman & Co. purchased a new stake in shares of Pinnacle Financial Partners in the third quarter valued at $26,000. BOKF NA grew its holdings in Pinnacle Financial Partners by 1,204.5% in the third quarter. BOKF NA now owns 287 shares of the company’s stock valued at $27,000 after purchasing an additional 265 shares during the period. High Point Wealth Management LLC acquired a new position in shares of Pinnacle Financial Partners in the 4th quarter valued at $27,000. Activest Wealth Management acquired a new stake in shares of Pinnacle Financial Partners during the 4th quarter worth $28,000. Finally, CIBC Private Wealth Group LLC grew its position in Pinnacle Financial Partners by 175.6% during the fourth quarter. CIBC Private Wealth Group LLC now owns 339 shares of the company’s stock valued at $32,000 after acquiring an additional 216 shares during the period. Hedge funds and other institutional investors own 87.40% of the company’s stock.

Analyst Ratings Changes

PNFP has been the subject of a number of research analyst reports. Citigroup increased their target price on shares of Pinnacle Financial Partners from $122.00 to $126.00 and gave the stock a “buy” rating in a research report on Thursday, June 25th. Robert W. Baird began coverage on Pinnacle Financial Partners in a research report on Tuesday, May 19th. They issued an “outperform” rating and a $115.00 price objective on the stock. Evercore reissued an “outperform” rating and set a $120.00 target price on shares of Pinnacle Financial Partners in a research report on Monday, July 6th. Weiss Ratings upgraded Pinnacle Financial Partners from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, June 26th. Finally, TD Cowen reduced their price objective on shares of Pinnacle Financial Partners from $125.00 to $121.00 and set a “buy” rating on the stock in a research note on Monday, April 27th. Three analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Pinnacle Financial Partners presently has an average rating of “Moderate Buy” and an average target price of $116.89.

Pinnacle Financial Partners News Roundup

Here are the key news stories impacting Pinnacle Financial Partners this week:

• Positive Sentiment: PNFP beat Q2 earnings estimates, signaling stronger profitability than Wall Street expected. Pinnacle Financial (PNFP) Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: The company said it added experienced revenue producers in the second quarter, supporting the case for continued growth and improved revenue generation. Pinnacle Financial Partners adds experienced revenue producers in second quarter as growth model continues to accelerate
• Neutral Sentiment: Revenue of $1.24 billion was in line with expectations, so the stock reaction is more likely being driven by the earnings beat and outlook than by a sales surprise. Pinnacle Financial Partners announces earnings for second quarter 2026
• Neutral Sentiment: Investors are also digesting the earnings call transcript and Q2 guidance update, but the available details do not indicate a major negative surprise. Pinnacle Financial Partners, Inc. (PNFP) Q2 2026 Earnings Call Transcript

Pinnacle Financial Partners Trading Up 2.3%

PNFP opened at $99.63 on Friday. The company’s 50 day simple moving average is $97.73. The company has a market capitalization of $7.73 billion, a PE ratio of 13.69, a PEG ratio of 0.39 and a beta of 1.04. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.90 and a current ratio of 0.90. Pinnacle Financial Partners, Inc. has a twelve month low of $81.08 and a twelve month high of $107.14.

Pinnacle Financial Partners (NYSE:PNFP) last issued its quarterly earnings data on Wednesday, July 22nd. The company reported $2.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.46 by $0.04. Pinnacle Financial Partners had a return on equity of 12.42% and a net margin of 15.40%.The business had revenue of $1.24 billion during the quarter, compared to analyst estimates of $1.24 billion. As a group, analysts forecast that Pinnacle Financial Partners, Inc. will post 10.18 EPS for the current year.

About Pinnacle Financial Partners

Pinnacle Financial Partners (NYSE: PNFP) is a bank holding company headquartered in Nashville, Tennessee, that provides a broad range of commercial and consumer banking services. Founded in 2000, the company operates through a network of banking offices and digital channels to serve individuals, small and middle-market businesses, and institutional clients. Pinnacle’s business model emphasizes relationship-based banking and tailored financial solutions for commercial borrowers and deposit customers.

The company’s product and service offerings include commercial and residential lending, treasury and payment solutions, deposit accounts, mortgage services, and cash management.