RKL Wealth Management LLC Has $770,000 Stock Position in The PNC Financial Services Group, Inc $PNC

RKL Wealth Management LLC boosted its position in shares of The PNC Financial Services Group, Inc (NYSE:PNC) by 16.0% in the second quarter, Holdings Channel.com reports. The firm owned 4,128 shares of the financial services provider’s stock after purchasing an additional 569 shares during the period. RKL Wealth Management LLC’s holdings in The PNC Financial Services Group were worth $770,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Saudi Central Bank acquired a new stake in The PNC Financial Services Group during the first quarter valued at $27,000. Cornerstone Planning Group LLC boosted its position in The PNC Financial Services Group by 50.8% during the first quarter. Cornerstone Planning Group LLC now owns 193 shares of the financial services provider’s stock valued at $34,000 after purchasing an additional 65 shares during the last quarter. Opal Wealth Advisors LLC acquired a new stake in The PNC Financial Services Group during the first quarter valued at $35,000. WPG Advisers LLC acquired a new stake in The PNC Financial Services Group during the first quarter valued at $36,000. Finally, Fourth Dimension Wealth LLC bought a new position in The PNC Financial Services Group during the first quarter valued at about $41,000. Institutional investors and hedge funds own 83.53% of the company’s stock.

The PNC Financial Services Group Trading Down 1.1%

The PNC Financial Services Group stock opened at $198.64 on Thursday. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.80 and a current ratio of 0.80. The business’s 50-day simple moving average is $198.58 and its 200-day simple moving average is $182.62. The firm has a market capitalization of $78.23 billion, a PE ratio of 13.59, a PEG ratio of 1.48 and a beta of 1.11. The PNC Financial Services Group, Inc has a 52 week low of $145.12 and a 52 week high of $216.26.

The PNC Financial Services Group (NYSE:PNC) last posted its quarterly earnings data on Wednesday, July 16th. The financial services provider reported $3.85 EPS for the quarter, topping analysts’ consensus estimates of $3.56 by $0.29. The business had revenue of $3.01 billion for the quarter, compared to analyst estimates of $5.61 billion. The PNC Financial Services Group had a return on equity of 11.07% and a net margin of 18.33%.The firm’s revenue for the quarter was up 4.6% on a year-over-year basis. During the same period in the previous year, the company posted $3.39 earnings per share. The PNC Financial Services Group has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Equities research analysts forecast that The PNC Financial Services Group, Inc will post 15.37 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on PNC shares. Oppenheimer cut their target price on The PNC Financial Services Group from $238.00 to $235.00 and set an “outperform” rating on the stock in a report on Tuesday, September 23rd. Wall Street Zen upgraded The PNC Financial Services Group from a “sell” rating to a “hold” rating in a report on Friday, July 18th. Citigroup raised their target price on The PNC Financial Services Group from $217.00 to $230.00 and gave the company a “buy” rating in a report on Tuesday, September 23rd. Wolfe Research restated a “peer perform” rating on shares of The PNC Financial Services Group in a report on Thursday, July 3rd. Finally, Raymond James Financial raised their target price on The PNC Financial Services Group from $220.00 to $225.00 and gave the company an “outperform” rating in a report on Friday, September 19th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, The PNC Financial Services Group has an average rating of “Moderate Buy” and an average price target of $216.56.

The PNC Financial Services Group Profile

The PNC Financial Services Group, Inc operates as a diversified financial services company in the United States. It operates through three segments: Retail Banking, Corporate & Institutional Banking, and Asset Management Group segments. The company's Retail Banking segment offers checking, savings, and money market accounts, as well as time deposit; residential mortgages, home equity loans and lines of credit, auto loans, credit cards, education loans, and personal and small business loans and lines of credit; and brokerage, insurance, and investment and cash management services.