KBC Group NV Sells 2,793 Shares of The PNC Financial Services Group, Inc $PNC

KBC Group NV decreased its holdings in The PNC Financial Services Group, Inc (NYSE:PNC) by 2.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 102,663 shares of the financial services provider’s stock after selling 2,793 shares during the quarter. KBC Group NV’s holdings in The PNC Financial Services Group were worth $21,429,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Quarry LP bought a new position in The PNC Financial Services Group in the 3rd quarter valued at about $25,000. Beacon Financial Strategies CORP bought a new position in The PNC Financial Services Group in the 4th quarter valued at about $35,000. Westfuller Advisors LLC bought a new position in The PNC Financial Services Group in the 3rd quarter valued at about $34,000. JPL Wealth Management LLC bought a new position in The PNC Financial Services Group in the 3rd quarter valued at about $37,000. Finally, Financial Life Planners bought a new position in The PNC Financial Services Group in the 3rd quarter valued at about $39,000. Institutional investors own 83.53% of the company’s stock.

Insider Buying and Selling at The PNC Financial Services Group

In related news, CEO William S. Demchak sold 50,000 shares of The PNC Financial Services Group stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $230.88, for a total value of $11,544,000.00. Following the completion of the transaction, the chief executive officer directly owned 554,274 shares in the company, valued at approximately $127,970,781.12. The trade was a 8.27% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Richard Kevin Bynum sold 7,407 shares of The PNC Financial Services Group stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $230.98, for a total transaction of $1,710,868.86. Following the completion of the transaction, the executive vice president owned 1,942 shares of the company’s stock, valued at $448,563.16. This represents a 79.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 64,186 shares of company stock valued at $14,840,973 over the last 90 days. 0.38% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of The PNC Financial Services Group in a research report on Friday, March 27th. TD Cowen raised their price target on shares of The PNC Financial Services Group from $250.00 to $260.00 and gave the company a “buy” rating in a research report on Tuesday, January 20th. Keefe, Bruyette & Woods raised their price target on shares of The PNC Financial Services Group from $247.00 to $253.00 and gave the company a “market perform” rating in a research report on Thursday. Morgan Stanley raised their price target on shares of The PNC Financial Services Group from $263.00 to $267.00 and gave the company an “equal weight” rating in a research report on Thursday. Finally, Oppenheimer raised their price target on shares of The PNC Financial Services Group from $263.00 to $268.00 and gave the company an “outperform” rating in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $241.69.

The PNC Financial Services Group Trading Up 2.1%

Shares of PNC stock opened at $224.75 on Friday. The company has a 50 day moving average of $215.73 and a 200-day moving average of $206.50. The company has a quick ratio of 0.81, a current ratio of 0.83 and a debt-to-equity ratio of 1.00. The PNC Financial Services Group, Inc has a 12-month low of $148.28 and a 12-month high of $243.94. The firm has a market cap of $90.66 billion, a P/E ratio of 13.06, a PEG ratio of 1.00 and a beta of 0.96.

The PNC Financial Services Group (NYSE:PNC) last issued its quarterly earnings results on Wednesday, April 15th. The financial services provider reported $4.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.92 by $0.40. The PNC Financial Services Group had a net margin of 20.89% and a return on equity of 12.10%. The company had revenue of $6.17 billion during the quarter, compared to analyst estimates of $6.21 billion. During the same quarter last year, the business posted $3.51 EPS. The PNC Financial Services Group’s quarterly revenue was up 13.1% compared to the same quarter last year. Sell-side analysts anticipate that The PNC Financial Services Group, Inc will post 15.37 earnings per share for the current year.

The PNC Financial Services Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 5th. Investors of record on Tuesday, April 14th will be paid a $1.70 dividend. This represents a $6.80 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date is Tuesday, April 14th. The PNC Financial Services Group’s payout ratio is currently 39.51%.

The PNC Financial Services Group News Summary

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

• Positive Sentiment: Q1 earnings beat consensus and showed strong loan growth and benefits from the FirstBank integration, underpinning confidence in PNC’s core earnings trajectory. PNC Q1 Deep Dive
• Positive Sentiment: Oppenheimer raised its price target to $268 and kept an outperform view, signaling stronger analyst conviction after the quarter. Oppenheimer PT Raise
• Positive Sentiment: Barclays raised its target to $277 and remains overweight, one of the larger upward revisions—supportive for upside expectations. Barclays PT Raise
• Positive Sentiment: Bank of America and Keefe, Bruyette & Woods issued positive forecasts/coverage affirming the bullish post‑earnings view. Bank of America Forecast KBW Forecast
• Positive Sentiment: PNC executives publicly expressed a constructive view on equity markets and growth prospects in media appearances, which helps investor sentiment. Yung-Yu Ma Interview
• Neutral Sentiment: Morgan Stanley raised its target to $267 but kept an equal‑weight rating — a positive revision in value but not a bullish upgrade. Morgan Stanley Note
• Neutral Sentiment: Truist lifted its target to $245 and maintained a hold rating, reflecting mixed upside vs. near‑term execution/expense questions. Truist PT Raise TickerReport
• Negative Sentiment: PNC slightly missed revenue expectations and reported pressure in noninterest income and higher operating expenses—factors that could cap near‑term multiple expansion. Q1 Highlights
• Negative Sentiment: Sector weakness from peers: Fifth Third’s Q1 miss and rising expenses/credit provisions underscores that higher costs and credit volatility remain risks for regional banks. Fifth Third Q1 Miss

The PNC Financial Services Group Company 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.