Allspring Global Investments Holdings LLC bought a new stake in Pinnacle Financial Partners, Inc. (NYSE:PNFP – Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 80,244 shares of the company’s stock, valued at approximately $7,049,000. Allspring Global Investments Holdings LLC owned 0.10% of Pinnacle Financial Partners at the end of the most recent quarter.
Several other large investors have also modified their holdings of the stock. Brown Brothers Harriman & Co. purchased a new position in Pinnacle Financial Partners during the 3rd quarter worth $26,000. High Point Wealth Management LLC purchased a new stake in shares of Pinnacle Financial Partners in the fourth quarter valued at about $27,000. BOKF NA increased its stake in shares of Pinnacle Financial Partners by 1,204.5% during the third quarter. BOKF NA now owns 287 shares of the company’s stock worth $27,000 after acquiring an additional 265 shares during the period. Activest Wealth Management acquired a new position in shares of Pinnacle Financial Partners during the fourth quarter worth about $28,000. Finally, CIBC Private Wealth Group LLC raised its holdings in Pinnacle Financial Partners by 175.6% during the fourth quarter. CIBC Private Wealth Group LLC now owns 339 shares of the company’s stock worth $32,000 after purchasing an additional 216 shares in the last quarter. Hedge funds and other institutional investors own 87.40% of the company’s stock.
Pinnacle Financial Partners Price Performance
Shares of NYSE:PNFP opened at $99.63 on Friday. The stock has a market cap of $7.73 billion, a price-to-earnings ratio of 13.69, a price-to-earnings-growth ratio of 0.39 and a beta of 1.04. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.90 and a quick ratio of 0.90. The stock’s 50 day moving average price is $97.73. Pinnacle Financial Partners, Inc. has a 12 month low of $81.08 and a 12 month high of $107.14.
Pinnacle Financial Partners News Roundup
Here are the key news stories impacting Pinnacle Financial Partners this week:
- Positive Sentiment: PNFP beat Q2 earnings estimates, signaling stronger profitability than Wall Street expected. Pinnacle Financial (PNFP) Q2 Earnings and Revenues Beat Estimates
- Positive Sentiment: The company said it added experienced revenue producers in the second quarter, supporting the case for continued growth and improved revenue generation. Pinnacle Financial Partners adds experienced revenue producers in second quarter as growth model continues to accelerate
- Neutral Sentiment: Revenue of $1.24 billion was in line with expectations, so the stock reaction is more likely being driven by the earnings beat and outlook than by a sales surprise. Pinnacle Financial Partners announces earnings for second quarter 2026
- Neutral Sentiment: Investors are also digesting the earnings call transcript and Q2 guidance update, but the available details do not indicate a major negative surprise. Pinnacle Financial Partners, Inc. (PNFP) Q2 2026 Earnings Call Transcript
Analyst Ratings Changes
PNFP has been the subject of a number of recent analyst reports. Piper Sandler restated an “overweight” rating on shares of Pinnacle Financial Partners in a research report on Wednesday, June 10th. Wall Street Zen raised Pinnacle Financial Partners from a “sell” rating to a “hold” rating in a research note on Tuesday, May 12th. Barclays reduced their price target on Pinnacle Financial Partners from $135.00 to $130.00 and set an “overweight” rating for the company in a report on Tuesday, April 7th. Benchmark assumed coverage on Pinnacle Financial Partners in a research note on Wednesday, June 24th. They issued a “buy” rating and a $132.00 price target on the stock. Finally, Robert W. Baird assumed coverage on Pinnacle Financial Partners in a report on Tuesday, May 19th. They set an “outperform” rating and a $115.00 price objective on the stock. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $116.89.
View Our Latest Stock Report 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.
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