The PNC Financial Services Group (NYSE:PNC) Price Target Raised to $235.00 at Royal Bank Of Canada

The PNC Financial Services Group (NYSE:PNC) had its price target upped by Royal Bank Of Canada from $222.00 to $235.00 in a research report report published on Tuesday,Benzinga reports. They currently have an outperform rating on the financial services provider’s stock.

PNC has been the topic of a number of other reports. Weiss Ratings reissued a “buy (b)” rating on shares of The PNC Financial Services Group in a report on Monday, December 22nd. Cfra Research upgraded shares of The PNC Financial Services Group to a “moderate buy” rating in a research report on Thursday, October 16th. Citigroup boosted their target price on shares of The PNC Financial Services Group from $217.00 to $230.00 and gave the stock a “buy” rating in a report on Tuesday, September 23rd. Morgan Stanley upped their target price on shares of The PNC Financial Services Group from $211.00 to $221.00 and gave the stock an “underweight” rating in a research report on Tuesday. Finally, Oppenheimer boosted their price target on shares of The PNC Financial Services Group from $268.00 to $284.00 and gave the stock an “outperform” rating in a research note on Tuesday. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $231.00.

The PNC Financial Services Group Trading Down 1.0%

Shares of The PNC Financial Services Group stock opened at $220.99 on Tuesday. The PNC Financial Services Group has a fifty-two week low of $145.12 and a fifty-two week high of $227.00. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.81 and a current ratio of 0.81. The company has a market capitalization of $86.66 billion, a P/E ratio of 13.32, a P/E/G ratio of 0.94 and a beta of 0.99. The company has a fifty day moving average of $204.16 and a 200 day moving average of $197.69.

The PNC Financial Services Group (NYSE:PNC) last announced its quarterly earnings data on Friday, January 16th. The financial services provider reported $4.88 EPS for the quarter, beating the consensus estimate of $4.23 by $0.65. The business had revenue of $6.07 billion for the quarter, compared to the consensus estimate of $5.90 billion. The PNC Financial Services Group had a return on equity of 11.87% and a net margin of 20.40%.The business’s revenue was up 9.1% on a year-over-year basis. During the same period in the previous year, the business earned $3.77 earnings per share. On average, sell-side analysts anticipate that The PNC Financial Services Group will post 15.37 earnings per share for the current fiscal year.

The PNC Financial Services Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, February 5th. Stockholders of record on Tuesday, January 20th will be paid a $1.70 dividend. 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 is currently 40.99%.

Insider Transactions at The PNC Financial Services Group

In other The PNC Financial Services Group news, 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 transaction of $183,570.00. Following the completion of 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Guild Deborah sold 1,080 shares of the company’s stock in a transaction that occurred 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. This represents a 3.80% decrease in their position. The SEC filing for this sale provides additional information. 0.41% of the stock is currently owned by insiders.

Hedge Funds Weigh In On The PNC Financial Services Group

A number of large investors have recently bought and sold shares of PNC. Norges Bank bought a new stake in shares of The PNC Financial Services Group during the second quarter worth $1,477,836,000. Viking Global Investors LP increased its stake in The PNC Financial Services Group by 234.9% in the 3rd quarter. Viking Global Investors LP now owns 7,956,766 shares of the financial services provider’s stock worth $1,598,753,000 after buying an additional 5,581,102 shares during the period. AQR Capital Management LLC lifted its holdings in The PNC Financial Services Group by 134.9% during the 2nd quarter. AQR Capital Management LLC now owns 3,338,964 shares of the financial services provider’s stock valued at $622,450,000 after buying an additional 1,917,530 shares in the last quarter. Wellington Management Group LLP boosted its position in The PNC Financial Services Group by 50.1% in the 3rd quarter. Wellington Management Group LLP now owns 3,485,320 shares of the financial services provider’s stock valued at $700,305,000 after buying an additional 1,162,964 shares during the period. Finally, Federated Hermes Inc. boosted its position in The PNC Financial Services Group by 43.8% in the 2nd quarter. Federated Hermes Inc. now owns 2,776,517 shares of the financial services provider’s stock valued at $517,598,000 after buying an additional 845,148 shares during the period. Hedge funds and other institutional investors own 83.53% of the company’s stock.

The PNC Financial Services Group News Summary

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

• Positive Sentiment: Oppenheimer raised its price target to $284 (from $268) and keeps an “outperform” rating — a ~28.5% upside signaling strong analyst conviction. Benzinga
• Positive Sentiment: Wells Fargo boosted its target to $264 (from $252) and remains “overweight” — implying ~19.5% upside on a favorable view of PNC’s franchise and earnings power. Benzinga
• Positive Sentiment: TD Cowen raised its target to $260 and rates PNC a “buy” — about a 17.7% upside, another endorsement after PNC’s Q4 beat. Benzinga
• Positive Sentiment: RBC lifted its target to $235 and keeps an “outperform” rating — modest upside (~6.3%) but adds to the cluster of upgrades. Benzinga
• Neutral Sentiment: Keefe, Bruyette & Woods raised its target to $247 but kept a “market perform” view — constructive on valuation but not explicitly bullish. Benzinga
• Neutral Sentiment: Morgan Stanley nudged its target to $221 but retained an “underweight” rating — the target sits roughly at the current price, signaling continued caution from a major shop. Benzinga
• Neutral Sentiment: Coverage piece reviewing PNC’s valuation after record Q4 results and a strong earnings beat — useful context for investors assessing whether recent gains are justified. A Look At PNC Financial Services Group (PNC) Valuation After Record Results And Strong Earnings Beat
• Negative Sentiment: Analyst commentary arguing “Limited Upside In 2026” despite record Q4 — flags valuation and potential growth limits that could cap the stock after its recent run. PNC Financial: Limited Upside In 2026

About The PNC Financial Services Group

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.