Cerity Partners LLC Acquires 18,268 Shares of The PNC Financial Services Group, Inc $PNC

Cerity Partners LLC boosted its holdings in shares of The PNC Financial Services Group, Inc (NYSE:PNC) by 8.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 239,536 shares of the financial services provider’s stock after purchasing an additional 18,268 shares during the period. Cerity Partners LLC owned about 0.06% of The PNC Financial Services Group worth $48,130,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of PNC. Vanguard Group Inc. grew its position in shares of The PNC Financial Services Group by 1.4% in the 2nd quarter. Vanguard Group Inc. now owns 38,487,074 shares of the financial services provider’s stock worth $7,174,760,000 after buying an additional 521,455 shares during the last quarter. Geode Capital Management LLC lifted its stake in The PNC Financial Services Group by 1.1% in the second quarter. Geode Capital Management LLC now owns 8,777,313 shares of the financial services provider’s stock worth $1,628,302,000 after acquiring an additional 93,346 shares during the period. Norges Bank bought a new stake in The PNC Financial Services Group in the second quarter valued at $1,477,836,000. Invesco Ltd. increased its position in The PNC Financial Services Group by 0.5% during the 2nd quarter. Invesco Ltd. now owns 5,023,790 shares of the financial services provider’s stock valued at $936,535,000 after purchasing an additional 26,798 shares during the period. Finally, AQR Capital Management LLC raised its holdings in The PNC Financial Services Group by 134.9% in the 2nd quarter. AQR Capital Management LLC now owns 3,338,964 shares of the financial services provider’s stock worth $622,450,000 after purchasing an additional 1,917,530 shares in the last quarter. Institutional investors own 83.53% of the company’s stock.

More The PNC Financial Services Group News

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

• Positive Sentiment: PNC completed its $4.1 billion acquisition of FirstBank, expanding scale in Colorado and Arizona and setting a 2026 customer conversion timeline — a concrete revenue and market-share driver. PNC Financial Expands Colorado, Arizona Reach With FirstBank Buyout
• Positive Sentiment: TD Cowen raised its price target to $250 and maintained a buy rating, implying meaningful upside and supporting bullish investor sentiment following recent share gains. Analyst Price Target Raise / TD Cowen
• Positive Sentiment: Barclays issued a bullish forecast for strong price appreciation, and at least one analyst upgrade pushed PNC to a new 1-year high — both raise demand and validate the growth story post-acquisition. Barclays Forecasts Strong Price Appreciation for PNC
• Positive Sentiment: PNC declared a $1.70 quarterly dividend (3.1% yield) with an upcoming ex-dividend date, which supports income-oriented investor demand. Dividend Announcement
• Positive Sentiment: Zacks highlights PNC’s strong earnings-surprise history and projects another likely beat, which could keep analyst optimism and upward pressure on the stock. Will PNC Beat Estimates Again?
• Neutral Sentiment: PNC announced redemption of certain senior floating-rate notes due Jan. 15, 2027 — reduces outstanding liability but uses cash; neutral impact depending on funding and capital ratios. PNC Announces Redemption of Senior Floating Rate Notes
• Neutral Sentiment: Integration activity has begun after the legal close on FirstBank — operational execution will determine timing and scale of cost synergies; investors should watch integration milestones and 2026 conversion progress. PNC Starts FirstBank Integration
• Neutral Sentiment: Comparative valuation pieces (PNC vs. GS and PNC vs. JPM) are being published — useful context for investors but not immediate catalysts; they may influence longer-term positioning. PNC or GS: Which Is Better Value?
• Negative Sentiment: Some coverage flags valuation after recent share-strength — higher multiples and a strong run-up can trigger profit-taking or re-rating risk, which likely explains intraday softness despite the positive headlines. A Look At PNC Valuation After Recent Share Price Strength

The PNC Financial Services Group Price Performance

Shares of NYSE:PNC opened at $216.32 on Thursday. The PNC Financial Services Group, Inc has a 1-year low of $145.12 and a 1-year high of $219.74. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.81 and a quick ratio of 0.81. The business has a fifty day moving average price of $198.02 and a 200-day moving average price of $195.77. The company has a market capitalization of $84.83 billion, a PE ratio of 13.97, a PEG ratio of 1.10 and a beta of 0.99.

The PNC Financial Services Group (NYSE:PNC) last announced its quarterly earnings results on Wednesday, October 15th. The financial services provider reported $4.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.05 by $0.30. The PNC Financial Services Group had a net margin of 19.30% and a return on equity of 11.47%. The company had revenue of $5.92 billion for the quarter, compared to analysts’ expectations of $5.82 billion. During the same quarter in the previous year, the business posted $3.49 EPS. The PNC Financial Services Group’s revenue was up 8.9% compared to the same quarter last year. As a group, equities analysts expect that The PNC Financial Services Group, Inc will post 15.37 EPS for the current fiscal year.

The PNC Financial Services Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, February 5th. Investors of record on Tuesday, January 20th will be given a dividend of $1.70 per share. The ex-dividend date of this dividend is Tuesday, January 20th. This represents a $6.80 annualized dividend and a dividend yield of 3.1%. The PNC Financial Services Group’s dividend payout ratio (DPR) is 43.93%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on PNC shares. UBS Group lifted their target price on shares of The PNC Financial Services Group from $224.00 to $229.00 and gave the company a “buy” rating in a research note on Tuesday, October 7th. Piper Sandler raised The PNC Financial Services Group from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $211.00 to $220.00 in a research report on Thursday, October 9th. Morgan Stanley increased their target price on The PNC Financial Services Group from $186.00 to $206.00 and gave the stock an “underweight” rating in a research report on Monday, September 29th. Weiss Ratings restated a “buy (b)” rating on shares of The PNC Financial Services Group in a research note on Monday, December 22nd. Finally, Stephens reaffirmed an “equal weight” rating and issued a $200.00 price target on shares of The PNC Financial Services Group in a research note on Wednesday, September 10th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $222.06.

Insider Buying and Selling

In other The PNC Financial Services Group news, EVP Michael Duane Thomas sold 1,000 shares of The PNC Financial Services Group stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $183.57, for a total value of $183,570.00. Following the completion of the sale, the executive vice president owned 5,802 shares of the company’s stock, valued at approximately $1,065,073.14. This trade represents a 14.70% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Guild Deborah sold 1,080 shares of the company’s stock in a transaction on Friday, October 24th. The shares were sold at an average price of $186.97, for a total value of $201,927.60. Following the transaction, the executive vice president directly owned 27,335 shares in the company, valued at approximately $5,110,824.95. The trade was a 3.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.41% of the stock is owned by insiders.

The PNC Financial Services Group 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.