Keefe, Bruyette & Woods Lowers Prudential Financial (NYSE:PRU) Price Target to $100.00

Prudential Financial (NYSE:PRU) had its price objective dropped by investment analysts at Keefe, Bruyette & Woods from $104.00 to $100.00 in a research report issued on Thursday,Benzinga reports. The firm presently has a “market perform” rating on the financial services provider’s stock. Keefe, Bruyette & Woods’ price objective would suggest a potential upside of 6.04% from the company’s previous close.

PRU has been the topic of a number of other research reports. BMO Capital Markets dropped their price objective on shares of Prudential Financial from $91.00 to $87.00 and set an “underperform” rating on the stock in a research note on Thursday. Jefferies Financial Group cut Prudential Financial from a “buy” rating to a “hold” rating and dropped their target price for the company from $124.00 to $98.00 in a research report on Wednesday. Bank of America cut their price target on Prudential Financial from $112.00 to $104.00 and set a “neutral” rating for the company in a research note on Tuesday, April 14th. Evercore reiterated a “negative” rating on shares of Prudential Financial in a research report on Friday, March 6th. Finally, Wells Fargo & Company cut their price objective on Prudential Financial from $103.00 to $95.00 and set an “underweight” rating for the company in a research report on Friday, April 10th. Ten equities research analysts have rated the stock with a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and a consensus target price of $101.75.

Prudential Financial Price Performance

Shares of NYSE:PRU opened at $94.31 on Thursday. Prudential Financial has a twelve month low of $91.89 and a twelve month high of $119.76. The company has a current ratio of 0.16, a quick ratio of 0.16 and a debt-to-equity ratio of 0.58. The company has a market cap of $32.80 billion, a PE ratio of 9.43, a price-to-earnings-growth ratio of 1.21 and a beta of 0.95. The company’s 50 day moving average is $97.53 and its 200 day moving average is $104.71.

Prudential Financial (NYSE:PRU) last announced its quarterly earnings data on Tuesday, February 3rd. The financial services provider reported $3.30 EPS for the quarter, missing the consensus estimate of $3.37 by ($0.07). The business had revenue of $14.52 billion for the quarter, compared to analyst estimates of $14.48 billion. Prudential Financial had a net margin of 6.20% and a return on equity of 16.32%. During the same quarter in the previous year, the firm posted $2.96 earnings per share. On average, sell-side analysts forecast that Prudential Financial will post 13.99 EPS for the current year.

Insiders Place Their Bets

In other Prudential Financial news, Director Joseph J. Wolk bought 400 shares of the firm’s stock in a transaction on Wednesday, February 11th. The shares were acquired at an average cost of $105.32 per share, with a total value of $42,128.00. Following the purchase, the director directly owned 400 shares of the company’s stock, valued at $42,128. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Thomas D. Stoddard purchased 250 shares of the company’s stock in a transaction dated Tuesday, February 17th. The stock was bought at an average price of $102.97 per share, with a total value of $25,742.50. Following the completion of the transaction, the director directly owned 250 shares of the company’s stock, valued at approximately $25,742.50. This represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have acquired 1,650 shares of company stock valued at $168,841 in the last ninety days. 0.05% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of PRU. Jessup Wealth Management Inc purchased a new position in Prudential Financial during the fourth quarter worth about $25,000. Garton & Associates Financial Advisors LLC purchased a new stake in shares of Prudential Financial in the 4th quarter valued at approximately $26,000. Salomon & Ludwin LLC increased its holdings in shares of Prudential Financial by 98.3% during the 4th quarter. Salomon & Ludwin LLC now owns 230 shares of the financial services provider’s stock worth $27,000 after buying an additional 114 shares during the last quarter. SJS Investment Consulting Inc. raised its position in shares of Prudential Financial by 93.1% during the 1st quarter. SJS Investment Consulting Inc. now owns 278 shares of the financial services provider’s stock valued at $27,000 after buying an additional 134 shares during the period. Finally, Lodestone Wealth Management LLC purchased a new stake in shares of Prudential Financial during the 4th quarter valued at approximately $28,000. Hedge funds and other institutional investors own 56.83% of the company’s stock.

Key Prudential Financial News

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

• Positive Sentiment: PGIM (Prudential’s asset management arm) named Brian Towers to lead Global Insurance & Strategic Partnerships, which could help deepen insurer relationships and drive integrated investment solutions for PGIM/Prudential over the medium term. PGIM Appoints Brian Towers to Lead Global Insurance and Strategic Partnerships
• Neutral Sentiment: A comparative piece examines Prudential vs. insurtech Lemonade; useful context on competitive positioning but unlikely to drive material near‑term moves. Head to Head Review: Prudential Financial (NYSE:PRU) vs. Lemonade (NYSE:LMND)
• Neutral Sentiment: Keefe, Bruyette & Woods trimmed its price target from $104 to $100 and kept a “market perform” rating — a modest revision that still implies slight upside, so impact on sentiment is limited. Keefe, Bruyette & Woods price target note (Benzinga)
• Neutral Sentiment: Industry M&A chatter (CVC/Standard Life pensions) is being reported; sector activity can change strategic dynamics for pension/asset managers but isn’t a direct company event for PRU today. Cvc Capital-Led Group Emerges as Frontrunner in Standard Life Pensions Deal
• Negative Sentiment: Barclays cut its rating on PRU, signaling weaker analyst conviction and likely pressuring sentiment and flows. Prudential Financial (NYSE:PRU) Stock Rating Lowered by Barclays
• Negative Sentiment: Jefferies lowered PRU to a “Hold,” another analyst downgrade that reduces buy-side momentum and further weighs on the stock. Prudential Financial (NYSE:PRU) Rating Lowered to “Hold” at Jefferies Financial Group
• Negative Sentiment: BMO cut its price target to $87 and moved to “underperform,” and BMO’s note raises downside risk versus peers and the market — a clear headwind for sentiment. BMO price target cut (Benzinga)
• Negative Sentiment: Prudential extended a sales suspension in Japan by another 180 days and disclosed incremental financial impacts — this directly reduces near‑term new business and revenue in a key region and is cited by management as having measurable financial effects. Coverage includes a Seeking Alpha slideshow and reporting on the extension. Prudential Financial, Inc. (PRU) Discusses Extension of Sales Suspension and Financial Implications for Japan Operations – Slideshow Prudential extends Japan sales suspension by another 180 days Prudential outlines Japan sales suspension’s financial impact

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.