Fifth Third Bancorp Has $31.70 Million Stock Holdings in Palantir Technologies Inc. $PLTR

Fifth Third Bancorp increased its position in Palantir Technologies Inc. (NASDAQ:PLTR) by 35.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 173,745 shares of the company’s stock after purchasing an additional 45,647 shares during the quarter. Fifth Third Bancorp’s holdings in Palantir Technologies were worth $31,695,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of PLTR. Atticus Wealth Management LLC raised its stake in Palantir Technologies by 194.6% in the third quarter. Atticus Wealth Management LLC now owns 9,840 shares of the company’s stock valued at $1,795,000 after buying an additional 6,500 shares during the period. Pallas Capital Advisors LLC increased its holdings in shares of Palantir Technologies by 14.3% during the 3rd quarter. Pallas Capital Advisors LLC now owns 19,981 shares of the company’s stock worth $3,645,000 after acquiring an additional 2,505 shares during the last quarter. Addison Advisors LLC raised its stake in Palantir Technologies by 190.3% in the 3rd quarter. Addison Advisors LLC now owns 775 shares of the company’s stock valued at $141,000 after acquiring an additional 508 shares during the period. State of New Jersey Common Pension Fund D lifted its holdings in Palantir Technologies by 9.5% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 790,102 shares of the company’s stock valued at $144,130,000 after purchasing an additional 68,713 shares during the last quarter. Finally, Kapstone Financial Advisors LLC lifted its holdings in Palantir Technologies by 2.4% during the 3rd quarter. Kapstone Financial Advisors LLC now owns 40,286 shares of the company’s stock valued at $7,349,000 after purchasing an additional 947 shares during the last quarter. Institutional investors own 45.65% of the company’s stock.

Palantir Technologies Trading Up 1.7%

Shares of Palantir Technologies stock opened at $131.36 on Tuesday. The company has a 50 day moving average of $168.93 and a 200-day moving average of $172.43. The company has a market cap of $313.09 billion, a PE ratio of 208.51, a price-to-earnings-growth ratio of 2.53 and a beta of 1.64. Palantir Technologies Inc. has a 1-year low of $66.12 and a 1-year high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last announced its quarterly earnings data on Monday, February 2nd. The company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.23 by $0.02. The business had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.34 billion. Palantir Technologies had a net margin of 36.31% and a return on equity of 23.81%. The company’s revenue was up 70.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.14 earnings per share. Research analysts forecast that Palantir Technologies Inc. will post 0.31 earnings per share for the current year.

Insider Transactions at Palantir Technologies

In other news, insider Ryan D. Taylor sold 36,048 shares of the firm’s stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $162.36, for a total value of $5,852,753.28. Following the sale, the insider directly owned 251,409 shares in the company, valued at approximately $40,818,765.24. This trade represents a 12.54% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Stephen Andrew Cohen sold 308,635 shares of Palantir Technologies stock in a transaction that occurred on Thursday, November 20th. The shares were sold at an average price of $163.99, for a total transaction of $50,613,053.65. Following the sale, the insider directly owned 592 shares in the company, valued at $97,082.08. This trade represents a 99.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 1,023,844 shares of company stock valued at $167,455,085. 12.93% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research firms have commented on PLTR. Loop Capital decreased their price objective on shares of Palantir Technologies from $230.00 to $220.00 and set a “buy” rating on the stock in a report on Friday, January 30th. Morgan Stanley lifted their target price on shares of Palantir Technologies from $155.00 to $205.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 4th. Piper Sandler reissued an “overweight” rating and issued a $230.00 price target on shares of Palantir Technologies in a report on Tuesday, February 3rd. Argus upgraded shares of Palantir Technologies to a “hold” rating in a research report on Monday, February 9th. Finally, William Blair upgraded Palantir Technologies from a “market perform” rating to an “outperform” rating in a report on Monday, February 2nd. Two investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $191.05.

Key Headlines Impacting Palantir Technologies

Here are the key news stories impacting Palantir Technologies this week:

• Positive Sentiment: Truist reaffirmed its buy stance and called Palantir an AI pure‑play, helping sentiment after strong Q4 results. Palantir Technologies (PLTR) Soars as AI Pure-Play, Truist Reaffirms Buy
• Positive Sentiment: Freedom Capital Markets issued a rare double upgrade from Sell to Buy, arguing AI agents aren’t an existential threat and highlighting Palantir’s strong Q4 metrics. PLTR Stock Jumps from Sell to Buy — Analyst Says ‘AI Agents Not a Threat to Palantir’
• Positive Sentiment: Phillip Securities (Paul Chew) kept a Buy rating, highlighting sustained outperformance and AI-driven growth despite a trimmed PT — supports the buy-side narrative. Palantir: Sustained Outperformance and AI-Driven Growth Underpin Buy Rating Despite Normalized Long-Term Outlook
• Neutral Sentiment: High-profile investors remain engaged — Cathie Wood reportedly increased exposure to Palantir as a high‑conviction AI name, adding to investor interest but not company fundamentals. Alphabet or Palantir: Cathie Wood Loads Up on One High-Conviction AI Stock
• Neutral Sentiment: Market chatter includes big trader calls and leveraged products (e.g., PLTW ETF) that can amplify moves — relevant for intraday liquidity and volatility but not long-term fundamentals. Veteran trader makes eye-popping call on Palantir amid software slump
• Negative Sentiment: Michael Burry publicly targeted Palantir with allegations of covert smear campaigns and warned of a large downside, triggering reputational risk and headline-driven selling. ‘Big Short’ Investor Michael Burry Targets Palantir Over ‘Covert Smear’ Claims, Warns Of Over 50% Stock Collapse
• Negative Sentiment: Insiders have sold more than $1 billion of stock in the past year — a red flag for some investors and a potential source of selling pressure. Palantir insiders have cashed out over $1B, more than the company earned
• Negative Sentiment: Shares have pulled back sharply (~27% over the past month) despite strong Q4 results — investors cite valuation and broader AI/tech rotation as drivers of the sell‑off. Should Investors Buy Palantir Stock (PLTR) after the Recent Pullback? Wall Street Weighs in

About Palantir Technologies

Palantir Technologies is a software company that develops data integration, analytics and operational decision-making platforms for government and commercial customers. Founded in 2003 by a team that included Alex Karp and Peter Thiel, Palantir has grown into a provider of enterprise-scale software designed to help organizations integrate disparate data sources, build analytic models and drive operational workflows. The company went public in 2020 and continues to position its products around large, complex data projects where security, provenance and real-time collaboration are important.

Palantir’s product portfolio centers on a small number of core platforms.