Anchor Capital Advisors LLC Sells 9,745 Shares of The PNC Financial Services Group, Inc $PNC

Anchor Capital Advisors LLC trimmed its holdings in shares of The PNC Financial Services Group, Inc (NYSE:PNC) by 2.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 345,032 shares of the financial services provider’s stock after selling 9,745 shares during the period. The PNC Financial Services Group accounts for about 2.0% of Anchor Capital Advisors LLC’s holdings, making the stock its 7th biggest holding. Anchor Capital Advisors LLC owned approximately 0.09% of The PNC Financial Services Group worth $69,327,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in PNC. IMG Wealth Management Inc. acquired a new stake in shares of The PNC Financial Services Group in the second quarter valued at about $27,000. Concord Wealth Partners boosted its holdings in The PNC Financial Services Group by 144.9% in the 2nd quarter. Concord Wealth Partners now owns 169 shares of the financial services provider’s stock worth $32,000 after acquiring an additional 100 shares during the period. FNY Investment Advisers LLC acquired a new stake in The PNC Financial Services Group in the second quarter valued at approximately $37,000. Bayforest Capital Ltd raised its stake in shares of The PNC Financial Services Group by 237.1% during the third quarter. Bayforest Capital Ltd now owns 209 shares of the financial services provider’s stock valued at $42,000 after purchasing an additional 147 shares during the period. Finally, True Wealth Design LLC lifted its position in shares of The PNC Financial Services Group by 1,133.3% during the second quarter. True Wealth Design LLC now owns 222 shares of the financial services provider’s stock worth $41,000 after purchasing an additional 204 shares in the last quarter. 83.53% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at The PNC Financial Services Group

In related news, EVP Guild Deborah sold 1,080 shares of the business’s stock in a transaction on Friday, October 24th. The shares were sold at an average price of $186.97, for a total transaction of $201,927.60. Following the transaction, the executive vice president owned 27,335 shares of the company’s stock, valued at approximately $5,110,824.95. The trade was a 3.80% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Michael Duane Thomas sold 1,000 shares of the company’s stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $183.57, for a total transaction of $183,570.00. Following the transaction, the executive vice president directly owned 5,802 shares of the company’s stock, valued at $1,065,073.14. This represents a 14.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.41% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

PNC has been the subject of a number of recent analyst reports. Royal Bank Of Canada raised their price target on shares of The PNC Financial Services Group from $222.00 to $235.00 and gave the company an “outperform” rating in a report on Tuesday. Barclays boosted their price objective on shares of The PNC Financial Services Group from $235.00 to $271.00 and gave the stock an “overweight” rating in a report on Monday, January 5th. Cfra Research upgraded The PNC Financial Services Group to a “moderate buy” rating in a research note on Thursday, October 16th. UBS Group boosted their price target on The PNC Financial Services Group from $224.00 to $229.00 and gave the stock a “buy” rating in a research note on Tuesday, October 7th. Finally, Oppenheimer increased their price target on The PNC Financial Services Group from $268.00 to $284.00 and gave the company an “outperform” rating in a report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $231.00.

The PNC Financial Services Group Trading Down 1.0%

NYSE:PNC opened at $220.99 on Wednesday. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.94. The company’s 50 day moving average is $204.16 and its 200-day moving average is $197.69. The firm has a market cap of $86.66 billion, a price-to-earnings ratio of 13.32, a P/E/G ratio of 0.94 and a beta of 0.99. The PNC Financial Services Group, Inc has a 12 month low of $145.12 and a 12 month high of $227.00.

The PNC Financial Services Group (NYSE:PNC) last announced its earnings results on Friday, January 16th. The financial services provider reported $4.88 EPS for the quarter, topping the consensus estimate of $4.23 by $0.65. The firm had revenue of $6.07 billion for the quarter, compared to the consensus estimate of $5.90 billion. The PNC Financial Services Group had a net margin of 20.40% and a return on equity of 11.87%. The business’s quarterly revenue was up 9.1% on a year-over-year basis. During the same quarter last year, the firm posted $3.77 EPS. Equities analysts anticipate that The PNC Financial Services Group, Inc will post 15.37 EPS for the current year.

The PNC Financial Services Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 5th. Investors of record on Tuesday, January 20th will be given a dividend of $1.70 per share. This represents a $6.80 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend is Tuesday, January 20th. The PNC Financial Services Group’s payout ratio is currently 40.99%.

Key Stories Impacting The PNC Financial Services Group

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

• Positive Sentiment: Oppenheimer raised its price target to $284 (from $268) and keeps an “outperform” rating — a ~28.5% upside signaling strong analyst conviction. Benzinga
• Positive Sentiment: Wells Fargo boosted its target to $264 (from $252) and remains “overweight” — implying ~19.5% upside on a favorable view of PNC’s franchise and earnings power. Benzinga
• Positive Sentiment: TD Cowen raised its target to $260 and rates PNC a “buy” — about a 17.7% upside, another endorsement after PNC’s Q4 beat. Benzinga
• Positive Sentiment: RBC lifted its target to $235 and keeps an “outperform” rating — modest upside (~6.3%) but adds to the cluster of upgrades. Benzinga
• Neutral Sentiment: Keefe, Bruyette & Woods raised its target to $247 but kept a “market perform” view — constructive on valuation but not explicitly bullish. Benzinga
• Neutral Sentiment: Morgan Stanley nudged its target to $221 but retained an “underweight” rating — the target sits roughly at the current price, signaling continued caution from a major shop. Benzinga
• Neutral Sentiment: Coverage piece reviewing PNC’s valuation after record Q4 results and a strong earnings beat — useful context for investors assessing whether recent gains are justified. A Look At PNC Financial Services Group (PNC) Valuation After Record Results And Strong Earnings Beat
• Negative Sentiment: Analyst commentary arguing “Limited Upside In 2026” despite record Q4 — flags valuation and potential growth limits that could cap the stock after its recent run. PNC Financial: Limited Upside In 2026

The PNC Financial Services Group 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.