TD Cowen Issues Positive Forecast for Truist Financial (NYSE:TFC) Stock Price

Truist Financial (NYSE:TFC) had its price objective hoisted by TD Cowen from $59.00 to $60.00 in a report published on Thursday,Benzinga reports. They currently have a buy rating on the insurance provider’s stock.

Several other research analysts have also weighed in on TFC. Citigroup upped their price target on Truist Financial from $60.00 to $63.00 and gave the company a “buy” rating in a research report on Wednesday, December 31st. Keefe, Bruyette & Woods raised their price objective on shares of Truist Financial from $49.00 to $53.00 and gave the company a “market perform” rating in a research report on Wednesday, December 17th. UBS Group set a $55.00 price target on Truist Financial in a research report on Tuesday, October 21st. Robert W. Baird lowered shares of Truist Financial from a “strong-buy” rating to a “hold” rating in a research note on Thursday, December 11th. Finally, Barclays downgraded shares of Truist Financial from an “equal weight” rating to an “underweight” rating and boosted their price objective for the stock from $47.00 to $56.00 in a report on Monday, January 5th. Six equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Truist Financial currently has a consensus rating of “Hold” and a consensus target price of $53.20.

Truist Financial Trading Up 0.6%

Truist Financial stock opened at $50.30 on Thursday. Truist Financial has a 52 week low of $33.56 and a 52 week high of $51.51. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.86 and a current ratio of 0.87. The firm has a market capitalization of $64.35 billion, a price-to-earnings ratio of 13.20, a P/E/G ratio of 0.95 and a beta of 0.89. The company has a 50 day moving average price of $48.65 and a 200 day moving average price of $46.14.

Truist Financial (NYSE:TFC) last released its earnings results on Wednesday, January 21st. The insurance provider reported $1.00 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.09 by ($0.09). The business had revenue of $5.30 billion during the quarter, compared to analysts’ expectations of $5.32 billion. Truist Financial had a net margin of 17.09% and a return on equity of 9.03%. Truist Financial’s revenue for the quarter was up 3.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.91 EPS. Research analysts forecast that Truist Financial will post 4 EPS for the current year.

Truist Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Friday, November 14th were given a $0.52 dividend. The ex-dividend date of this dividend was Friday, November 14th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 4.1%. Truist Financial’s payout ratio is currently 55.91%.

Truist Financial declared that its board has authorized a stock repurchase plan on Tuesday, December 16th that permits the company to repurchase $10.00 billion in shares. This repurchase authorization permits the insurance provider to repurchase up to 15.7% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s management believes its shares are undervalued.

Insider Transactions at Truist Financial

In related news, Director K. David Jr. Boyer sold 5,160 shares of Truist Financial stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $46.45, for a total transaction of $239,682.00. Following the sale, the director directly owned 10,153 shares of the company’s stock, valued at approximately $471,606.85. The trade was a 33.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.17% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Truist Financial

A number of institutional investors have recently made changes to their positions in TFC. Norges Bank bought a new position in shares of Truist Financial during the 2nd quarter worth about $487,401,000. Wellington Management Group LLP increased its stake in Truist Financial by 13,511.7% in the 3rd quarter. Wellington Management Group LLP now owns 10,386,831 shares of the insurance provider’s stock valued at $474,886,000 after buying an additional 10,310,523 shares during the last quarter. Jennison Associates LLC lifted its holdings in Truist Financial by 203.1% during the third quarter. Jennison Associates LLC now owns 3,918,994 shares of the insurance provider’s stock worth $179,176,000 after acquiring an additional 2,625,847 shares during the period. Azora Capital LP purchased a new position in shares of Truist Financial in the 3rd quarter worth about $115,417,000. Finally, Laurel Wealth Advisors LLC lifted its stake in Truist Financial by 4,121.3% in the second quarter. Laurel Wealth Advisors LLC now owns 2,335,991 shares of the insurance provider’s stock valued at $100,424,000 after purchasing an additional 2,280,653 shares during the last quarter. Institutional investors own 71.28% of the company’s stock.

Trending Headlines about Truist Financial

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

• Positive Sentiment: TD Cowen raised its price target on TFC to $60 and maintained a “buy” rating, implying roughly ~19% upside from current levels — supportive analyst sentiment that can lift the stock. Benzinga
• Positive Sentiment: Some outlets report Truist delivered an adjusted Q4 EPS beat (reported $1.12 vs. the Zacks consensus $1.09), and year-over-year EPS improvement — this stronger-than-expected profitability on an adjusted basis is a near-term positive for shares. Zacks: Earnings Beat
• Neutral Sentiment: Truist posted its full Q4 release, slide deck and earnings call materials — useful for investors who want to dig into line-item trends (NII, fees, loan growth and provisioning). PR Newswire: Q4 Release
• Neutral Sentiment: Company updated Q1 and FY‑2026 revenue guidance with ranges slightly below consensus (Q1: ~$5.1–5.2B vs. consensus ~$5.2B; FY: $21.3–21.5B vs. ~$21.4B) — guidance is broadly in line but offers limited upside visibility. Slide Deck
• Negative Sentiment: Other reports show a weaker headline EPS (MarketBeat cited $1.00, missing estimates) and revenue slightly shy of expectations — conflicting presentations of GAAP vs. adjusted results can pressure sentiment. MarketBeat: Q4 Results
• Negative Sentiment: Analysts and coverage note rising operating expenses and higher credit provisions offsetting NII/fee gains, and commentary that growth is muted — Seeking Alpha highlighted a downgrade and skepticism that buybacks will offset slower underlying growth. Those factors are weighing on the stock. Seeking Alpha: Downgrade

Truist Financial Company 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.