The PNC Financial Services Group, Inc $PNC Shares Acquired by Campbell & CO Investment Adviser LLC

Campbell & CO Investment Adviser LLC raised its stake in shares of The PNC Financial Services Group, Inc (NYSE:PNC) by 38.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,469 shares of the financial services provider’s stock after purchasing an additional 2,369 shares during the period. Campbell & CO Investment Adviser LLC’s holdings in The PNC Financial Services Group were worth $1,702,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. First Horizon Corp purchased a new stake in The PNC Financial Services Group during the third quarter worth about $8,360,000. Benjamin Edwards Inc. grew its stake in shares of The PNC Financial Services Group by 27.2% in the third quarter. Benjamin Edwards Inc. now owns 24,763 shares of the financial services provider’s stock worth $4,977,000 after acquiring an additional 5,294 shares in the last quarter. Cullen Capital Management LLC grew its stake in shares of The PNC Financial Services Group by 3.8% in the second quarter. Cullen Capital Management LLC now owns 204,875 shares of the financial services provider’s stock worth $38,193,000 after acquiring an additional 7,478 shares in the last quarter. Harbour Investments Inc. increased its position in shares of The PNC Financial Services Group by 115.1% during the second quarter. Harbour Investments Inc. now owns 5,631 shares of the financial services provider’s stock worth $1,050,000 after acquiring an additional 3,013 shares during the period. Finally, AQR Capital Management LLC raised its stake in shares of The PNC Financial Services Group by 134.9% in the second quarter. AQR Capital Management LLC now owns 3,338,964 shares of the financial services provider’s stock valued at $622,450,000 after acquiring an additional 1,917,530 shares in the last quarter. Hedge funds and other institutional investors own 83.53% of the company’s stock.

Key The PNC Financial Services Group News

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

• Positive Sentiment: Q4 beat and record revenue — PNC reported $4.88 EPS vs. ~$4.23 consensus and roughly $6.1B in revenue (record), driven by higher NII, fee income and lower credit costs; management highlighted share repurchases and improved tangible book value. Read More.
• Positive Sentiment: Upbeat 2026 outlook — PNC is forecasting mid-to-high single digit loan growth and double-digit revenue/NII expansion in 2026 (management cited ~8% loan growth and ~11% revenue growth in article coverage), underpinning higher forward EPS expectations. Read More.
• Positive Sentiment: Deal and deposit/loan momentum — PNC closed the FirstBank acquisition on Jan. 5, which management says supports Sun Belt expansion, loan growth and fee opportunities. Read More.
• Positive Sentiment: Investor interest and positioning — unusual options activity with a large increase in call buying suggests traders are positioning for further upside after the print. Read More.
• Neutral Sentiment: Profit drivers and one-offs — results benefitted from higher interest income and a dealmaking windfall, as reported by Reuters and WSJ; some items (e.g., Visa derivative adjustment) partially offset noninterest income. Read More.
• Neutral Sentiment: Debt management action — PNC announced redemption of $1.25B of 4.758% senior notes maturing in 2027, a liability management move that is neither clearly dilutive nor immediately value-accretive. Read More.
• Negative Sentiment: Rising expenses and efficiency — noninterest expense rose ~4% and efficiency ratio stayed near 59%; while still manageable, higher expenses partially offset revenue gains and could cap margin improvement if costs persist. Read More.

The PNC Financial Services Group Stock Up 3.7%

PNC stock opened at $223.01 on Friday. 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 PNC Financial Services Group, Inc has a 12 month low of $145.12 and a 12 month high of $227.00. The company has a fifty day moving average price of $202.68 and a 200 day moving average price of $197.30. The company has a market cap of $87.46 billion, a price-to-earnings ratio of 13.44, a price-to-earnings-growth ratio of 0.95 and a beta of 0.99.

The PNC Financial Services Group (NYSE:PNC) last released its quarterly earnings results on Friday, January 16th. The financial services provider reported $4.88 EPS for the quarter, topping the consensus estimate of $4.23 by $0.65. The PNC Financial Services Group had a return on equity of 11.47% and a net margin of 19.30%.The business had revenue of $6.07 billion during the quarter, compared to analysts’ expectations of $5.90 billion. During the same quarter in the prior year, the business earned $3.77 earnings per share. The company’s quarterly revenue was up 9.1% compared to the same quarter last year. Sell-side analysts expect that The PNC Financial Services Group, Inc will post 15.37 earnings per share for the current 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 issued a dividend of $1.70 per share. This represents a $6.80 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Tuesday, January 20th. The PNC Financial Services Group’s dividend payout ratio is currently 40.99%.

Analyst Upgrades and Downgrades

Several research firms recently commented on PNC. Citigroup boosted their target price on The PNC Financial Services Group from $217.00 to $230.00 and gave the stock a “buy” rating in a research note on Tuesday, September 23rd. UBS Group raised 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 report on Tuesday, October 7th. Barclays lifted their price target on shares of The PNC Financial Services Group from $235.00 to $271.00 and gave the stock an “overweight” rating in a research note on Monday, January 5th. Morgan Stanley increased their price objective on shares of The PNC Financial Services Group from $186.00 to $206.00 and gave the company an “underweight” rating in a research report on Monday, September 29th. Finally, Piper Sandler raised shares of The PNC Financial Services Group from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $211.00 to $220.00 in a research report on Thursday, October 9th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $222.06.

Insider Transactions at The PNC Financial Services Group

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