Andra AP fonden bought a new position in Pinnacle Financial Partners, Inc. (NYSE:PNFP – Free Report) in the first quarter, according to its most recent disclosure with the SEC. The firm bought 85,700 shares of the company’s stock, valued at approximately $7,382,000. Andra AP fonden owned about 0.11% of Pinnacle Financial Partners as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Goldman Sachs Group Inc. increased its stake in Pinnacle Financial Partners by 6.2% during the first quarter. Goldman Sachs Group Inc. now owns 651,268 shares of the company’s stock worth $69,060,000 after acquiring an additional 37,989 shares during the last quarter. Focus Partners Wealth lifted its stake in shares of Pinnacle Financial Partners by 13.9% in the 1st quarter. Focus Partners Wealth now owns 4,755 shares of the company’s stock valued at $504,000 after purchasing an additional 581 shares during the last quarter. Amundi lifted its stake in shares of Pinnacle Financial Partners by 25,700.0% in the 2nd quarter. Amundi now owns 4,386 shares of the company’s stock valued at $513,000 after purchasing an additional 4,369 shares during the last quarter. Jump Financial LLC purchased a new position in shares of Pinnacle Financial Partners during the 2nd quarter worth $229,000. Finally, Cerity Partners LLC grew its holdings in shares of Pinnacle Financial Partners by 4.2% during the 2nd quarter. Cerity Partners LLC now owns 26,061 shares of the company’s stock worth $2,877,000 after purchasing an additional 1,039 shares during the period. Institutional investors and hedge funds own 87.40% of the company’s stock.
Pinnacle Financial Partners Trading Up 0.7%
Shares of NYSE PNFP opened at $97.47 on Thursday. The firm has a market capitalization of $7.56 billion, a PE ratio of 13.52, a P/E/G ratio of 0.39 and a beta of 1.04. The company has a fifty day moving average of $97.65. Pinnacle Financial Partners, Inc. has a 12-month low of $81.08 and a 12-month high of $113.33. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.90 and a current ratio of 0.90.
Key Headlines Impacting Pinnacle Financial Partners
Here are the key news stories impacting Pinnacle Financial Partners this week:
- Positive Sentiment: Pinnacle Financial Partners posted Q2 earnings of $2.50 per share, topping the Zacks consensus estimate of $2.46 and improving from $2.00 a year ago, which signals solid earnings momentum. Pinnacle Financial (PNFP) Q2 Earnings and Revenues Beat Estimates
- Positive Sentiment: The company’s profitability metrics also looked healthy, with 15.02% net margin and 10.61% return on equity, supporting investor confidence in its underlying earnings power. Pinnacle Financial Partners announces earnings for second quarter 2026
- Neutral Sentiment: Several pre-earnings articles focused on valuation, dividend appeal, and key quarterly metrics, but these were largely commentary pieces rather than new market-moving disclosures. Is Pinnacle Financial Partners (PNFP) Undervalued Ahead Of Its Q2 2026 Earnings?
- Negative Sentiment: One report said PNFP missed Q2 sales expectations, which may have limited some of the upside from the earnings beat and could keep investors focused on revenue growth. Pinnacle Financial Partners (NASDAQ:PNFP) misses Q2 CY2026 sales expectations
Analyst Upgrades and Downgrades
Several analysts recently issued reports on PNFP shares. Robert W. Baird initiated coverage on shares of Pinnacle Financial Partners in a report on Tuesday, May 19th. They issued an “outperform” rating and a $115.00 price objective on the stock. Truist Financial increased their target price on shares of Pinnacle Financial Partners from $114.00 to $115.00 and gave the stock a “buy” rating in a research note on Monday, May 11th. Benchmark assumed coverage on shares of Pinnacle Financial Partners in a research report on Wednesday, June 24th. They set a “buy” rating and a $132.00 price target for the company. Weiss Ratings upgraded shares of Pinnacle Financial Partners from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, June 26th. Finally, Piper Sandler reaffirmed an “overweight” rating on shares of Pinnacle Financial Partners in a research report on Wednesday, June 10th. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, Pinnacle Financial Partners has a consensus rating of “Moderate Buy” and an average target price of $116.89.
Read Our Latest Stock Analysis on PNFP
Pinnacle Financial Partners Company Profile
Pinnacle Financial Partners (NYSE: PNFP) is a bank holding company headquartered in Nashville, Tennessee, that provides a broad range of commercial and consumer banking services. Founded in 2000, the company operates through a network of banking offices and digital channels to serve individuals, small and middle-market businesses, and institutional clients. Pinnacle’s business model emphasizes relationship-based banking and tailored financial solutions for commercial borrowers and deposit customers.
The company’s product and service offerings include commercial and residential lending, treasury and payment solutions, deposit accounts, mortgage services, and cash management.
Featured Articles
- Five stocks we like better than Pinnacle Financial Partners
- Could Truth API Become Trump Media’s First Meaningful Revenue Driver?
- Small Caps Are Crushing the S&P 500—3 Stocks Still Worth Buying
- Moog Is More Than a Missile Maker, and Wall Street Is Noticing
- A Boring Dividend Growth Strategy Becomes a Solid Defensive Play
Receive News & Ratings for Pinnacle Financial Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pinnacle Financial Partners and related companies with MarketBeat.com's FREE daily email newsletter.
