Prudential Financial (NYSE:PRU – Get Free Report) had its target price decreased by investment analysts at Barclays from $119.00 to $110.00 in a report issued on Wednesday,Benzinga reports. The brokerage currently has an “equal weight” rating on the financial services provider’s stock. Barclays‘s price objective would suggest a potential upside of 13.33% from the stock’s previous close.
PRU has been the subject of several other research reports. Weiss Ratings cut shares of Prudential Financial from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, March 13th. UBS Group boosted their price objective on shares of Prudential Financial from $111.00 to $116.00 and gave the stock a “neutral” rating in a research report on Thursday, January 8th. Wells Fargo & Company cut shares of Prudential Financial from an “equal weight” rating to an “underweight” rating and dropped their price objective for the stock from $115.00 to $103.00 in a research report on Wednesday, February 25th. Piper Sandler upgraded shares of Prudential Financial to a “hold” rating in a research report on Thursday, April 2nd. Finally, Mizuho dropped their price objective on shares of Prudential Financial from $126.00 to $113.00 and set a “neutral” rating for the company in a research report on Tuesday, February 10th. Nine equities research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus price target of $110.89.
Prudential Financial Stock Performance
Prudential Financial (NYSE:PRU – Get Free Report) last posted its earnings results on Tuesday, February 3rd. The financial services provider reported $3.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.37 by ($0.07). Prudential Financial had a net margin of 6.20% and a return on equity of 16.32%. The firm had revenue of $14.52 billion during the quarter, compared to the consensus estimate of $14.48 billion. During the same quarter last year, the firm posted $2.96 EPS. As a group, sell-side analysts anticipate that Prudential Financial will post 14.36 EPS for the current fiscal year.
Insider Activity
In other news, Director Joseph J. Wolk acquired 400 shares of the stock in a transaction that occurred on Wednesday, February 11th. The stock was acquired at an average price of $105.32 per share, for a total transaction of $42,128.00. Following the transaction, the director directly owned 400 shares in the company, valued at approximately $42,128. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, major shareholder Insurance Co Of Ame Prudential acquired 1,406,739 shares of the stock in a transaction that occurred on Friday, January 23rd. The stock was purchased at an average price of $24.87 per share, with a total value of $34,985,598.93. Following the transaction, the insider owned 7,709,624 shares in the company, valued at $191,738,348.88. This represents a 22.32% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have acquired 1,408,389 shares of company stock worth $35,154,439 in the last 90 days. Corporate insiders own 0.05% of the company’s stock.
Institutional Trading of Prudential Financial
A number of large investors have recently made changes to their positions in PRU. Summit Global Investments boosted its stake in Prudential Financial by 71.1% in the 3rd quarter. Summit Global Investments now owns 13,021 shares of the financial services provider’s stock worth $1,351,000 after purchasing an additional 5,412 shares during the period. Machina Capital S.A.S. acquired a new position in Prudential Financial in the 3rd quarter worth $1,285,000. Mattson Financial Services LLC boosted its stake in Prudential Financial by 312.8% in the 3rd quarter. Mattson Financial Services LLC now owns 12,119 shares of the financial services provider’s stock worth $1,257,000 after purchasing an additional 9,183 shares during the period. First Horizon Corp acquired a new position in Prudential Financial in the 3rd quarter worth $5,856,000. Finally, Varma Mutual Pension Insurance Co boosted its stake in Prudential Financial by 22.0% in the 3rd quarter. Varma Mutual Pension Insurance Co now owns 108,839 shares of the financial services provider’s stock worth $11,291,000 after purchasing an additional 19,600 shares during the period. Institutional investors own 56.83% of the company’s stock.
Prudential Financial News Roundup
Here are the key news stories impacting Prudential Financial this week:
- Positive Sentiment: High dividend yield highlighted — PRU is listed among blue‑chip stocks with one of the highest dividend yields (~5.8%), which can support downside and attract income investors. 5 Blue Chip Stocks with Highest Dividends
- Neutral Sentiment: Company scheduled Q1 2026 results for May 5 and a conference call on May 6 — sets a near‑term catalyst that could move the stock depending on results and management commentary. PRU Q1 earnings announcement
- Neutral Sentiment: Analysts expect modest, single‑digit profit growth for Q1 — sets moderate expectations but leaves room for upside surprises or disappointments at the May release. Quarterly earnings preview
- Neutral Sentiment: Wolfe Research maintains a Hold on PRU — no change in stance from that shop, suggesting limited immediate upward pressure from that firm. Wolfe Research hold
- Neutral Sentiment: UBS cut its price target to $98 and set a Neutral rating — the new target implies roughly flat to modest upside versus current levels, so UBS’s action is more of a recalibration than a strong negative signal. UBS lowers PRU target
- Neutral Sentiment: Barclays trimmed its target to $110 (from $119) but kept an Equal Weight rating — another analyst mark‑down that reduces upside expectations but maintains a neutral view. Barclays cuts PRU target
- Negative Sentiment: Barclays flagged sluggish premium growth in the insurance group — slower premium trends are a fundamental concern that could pressure future revenue and valuation if confirmed in upcoming results. Barclays flags sluggish premium growth
About Prudential Financial
Prudential Financial, Inc, headquartered in Newark, New Jersey, is a diversified financial services company with roots dating to 1875. The firm provides a range of insurance, retirement and investment products aimed at helping individual and institutional clients manage risk, accumulate and protect wealth, and plan for retirement. Prudential’s long history in life insurance and related financial services has positioned it as a major participant in the U.S. insurance market and a provider of services to a broad client base.
Prudential’s core business activities include individual life insurance, annuities, retirement solutions and group insurance products for employers.
Further Reading
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