Truist Financial Corporation $TFC Stock Holdings Cut by Boston Common Asset Management LLC

Boston Common Asset Management LLC cut its position in shares of Truist Financial Corporation (NYSE:TFC) by 23.4% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 134,155 shares of the insurance provider’s stock after selling 40,903 shares during the quarter. Boston Common Asset Management LLC’s holdings in Truist Financial were worth $6,134,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of TFC. Smith Thornton Advisors LLC grew its holdings in Truist Financial by 4.1% during the third quarter. Smith Thornton Advisors LLC now owns 5,900 shares of the insurance provider’s stock worth $270,000 after acquiring an additional 231 shares during the period. Gries Financial LLC boosted its position in shares of Truist Financial by 4.4% during the 3rd quarter. Gries Financial LLC now owns 5,507 shares of the insurance provider’s stock valued at $252,000 after purchasing an additional 233 shares in the last quarter. Salomon & Ludwin LLC grew its stake in shares of Truist Financial by 1.1% in the 3rd quarter. Salomon & Ludwin LLC now owns 21,934 shares of the insurance provider’s stock worth $998,000 after purchasing an additional 239 shares during the last quarter. CNB Bank grew its stake in shares of Truist Financial by 5.5% in the 3rd quarter. CNB Bank now owns 4,596 shares of the insurance provider’s stock worth $210,000 after purchasing an additional 239 shares during the last quarter. Finally, Foster Victor Wealth Advisors LLC raised its holdings in shares of Truist Financial by 0.4% in the 2nd quarter. Foster Victor Wealth Advisors LLC now owns 62,087 shares of the insurance provider’s stock worth $2,804,000 after purchasing an additional 242 shares in the last quarter. Institutional investors and hedge funds own 71.28% of the company’s stock.

More Truist Financial News

Here are the key news stories impacting Truist Financial this week:

• Positive Sentiment: Adjusted EPS and year-over-year earnings improved, with Truist reporting an EPS beat on adjusted measures and earnings above prior-year levels, supporting the rally. Truist Financial Corporation (TFC) Tops Q4 Earnings Estimates
• Positive Sentiment: Revenue and loan growth were positive year-over-year (revenue up ~3.6%), and management provided slide materials and a call for further color, which can reassure investors focused on underlying business trends. Earnings Slide Deck
• Neutral Sentiment: Company issued Q1 and FY-2026 revenue ranges roughly in line with consensus (slightly conservative in parts), leaving guidance neither strongly positive nor clearly disappointing. Conference Call / Guidance Materials
• Neutral Sentiment: Trading volume spiked materially above average, indicating active repositioning by investors reacting to the mixed print and guidance. MarketBeat Earnings Summary
• Negative Sentiment: Operating expenses and credit provisions rose year-over-year, which offset net interest income and fee gains and pressured margins — a key reason some investors sold into the print. TFC Q4 Earnings Beat Despite Y/Y Rise in Expenses, Stock Dips
• Negative Sentiment: An analyst downgrade highlighted “muted growth” that undermines the positive optics of planned buybacks, signaling some shops may trim exposure until growth and cost trajectories improve. Truist: Muted Growth Overshadows Buyback Plans (Downgrade)

Analyst Upgrades and Downgrades

TFC has been the topic of several recent research reports. Citigroup lifted their price target on shares of Truist Financial from $60.00 to $63.00 and gave the stock a “buy” rating in a research report on Wednesday, December 31st. The Goldman Sachs Group reiterated a “buy” rating and set a $58.00 price objective on shares of Truist Financial in a research report on Tuesday, January 6th. Wall Street Zen cut Truist Financial from a “hold” rating to a “sell” rating in a report on Saturday, November 8th. Evercore ISI raised Truist Financial from a “hold” rating to an “outperform” rating and boosted their target price for the stock from $49.00 to $58.00 in a research report on Tuesday, January 6th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Truist Financial in a report on Monday, December 29th. Six equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $52.80.

Insider Buying and Selling at Truist Financial

In other news, Director K. David Jr. Boyer sold 5,160 shares of the stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $46.45, for a total value of $239,682.00. Following the completion of the sale, the director directly owned 10,153 shares of the company’s stock, valued at $471,606.85. This represents a 33.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.17% of the stock is owned by corporate insiders.

Truist Financial Price Performance

Shares of NYSE:TFC opened at $50.05 on Thursday. The company’s fifty day moving average is $48.55 and its two-hundred day moving average is $46.12. The company has a market cap of $64.03 billion, a P/E ratio of 13.45, a price-to-earnings-growth ratio of 0.94 and a beta of 0.89. Truist Financial Corporation has a 12-month low of $33.56 and a 12-month high of $51.51. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.70.

Truist Financial (NYSE:TFC) last issued its earnings results on Wednesday, January 21st. The insurance provider reported $1.00 EPS for the quarter, missing the consensus estimate of $1.09 by ($0.09). The business had revenue of $5.30 billion during the quarter, compared to analyst estimates of $5.32 billion. Truist Financial had a return on equity of 8.73% and a net margin of 16.84%.The business’s quarterly revenue was up 3.6% on a year-over-year basis. During the same period last year, the business earned $0.91 EPS. Equities analysts expect that Truist Financial Corporation will post 4 earnings per share for the current fiscal year.

Truist Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Friday, November 14th were paid a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend was Friday, November 14th. Truist Financial’s payout ratio is 55.91%.

Truist Financial announced that its board has initiated a share repurchase program on Tuesday, December 16th that authorizes the company to repurchase $10.00 billion in shares. This repurchase authorization authorizes the insurance provider to buy up to 15.7% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s leadership believes its shares are undervalued.

Truist Financial Profile

Truist Financial Corporation is an American bank holding company that provides a broad range of financial services through its primary subsidiary, Truist Bank, and other operating units. The company offers traditional retail banking products and services such as deposit accounts, consumer and residential mortgage lending, and credit and debit card services. Truist also serves commercial clients with middle-market and corporate lending, treasury and payment solutions, and specialty finance products.

Beyond core banking, Truist operates wealth management, asset management, insurance and capital markets businesses.