The PNC Financial Services Group (NYSE:PNC) Price Target Raised to $253.00

The PNC Financial Services Group (NYSE:PNC) had its price objective upped by Keefe, Bruyette & Woods from $247.00 to $253.00 in a report issued on Thursday,Benzinga reports. They currently have a market perform rating on the financial services provider’s stock.

PNC has been the subject of a number of other research reports. Morgan Stanley lowered their price target on The PNC Financial Services Group from $283.00 to $263.00 and set an “equal weight” rating for the company in a report on Tuesday, March 31st. Wells Fargo & Company raised their price objective on The PNC Financial Services Group from $252.00 to $264.00 and gave the company an “overweight” rating in a research note on Tuesday, January 20th. Oppenheimer reduced their price objective on The PNC Financial Services Group from $284.00 to $263.00 and set an “outperform” rating on the stock in a research note on Friday, March 27th. Royal Bank Of Canada raised their price objective on The PNC Financial Services Group from $222.00 to $235.00 and gave the company an “outperform” rating in a research note on Tuesday, January 20th. Finally, TD Cowen raised their price objective on The PNC Financial Services Group from $250.00 to $260.00 and gave the company a “buy” rating in a research note on Tuesday, January 20th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, The PNC Financial Services Group presently has an average rating of “Moderate Buy” and an average price target of $241.69.

The PNC Financial Services Group Stock Up 2.1%

PNC stock opened at $224.75 on Thursday. The company has a market cap of $90.66 billion, a PE ratio of 13.06, a price-to-earnings-growth ratio of 1.00 and a beta of 0.96. The business has a 50-day simple moving average of $215.73 and a 200 day simple moving average of $206.54. The PNC Financial Services Group has a 52 week low of $148.28 and a 52 week high of $243.94. The company has a quick ratio of 0.81, a current ratio of 0.83 and a debt-to-equity ratio of 1.00.

The PNC Financial Services Group (NYSE:PNC) last posted its quarterly earnings results on Wednesday, April 15th. The financial services provider reported $4.32 EPS for the quarter, beating analysts’ consensus estimates of $3.92 by $0.40. The business had revenue of $6.17 billion during the quarter, compared to the consensus estimate of $6.21 billion. The PNC Financial Services Group had a return on equity of 12.10% and a net margin of 20.89%.The PNC Financial Services Group’s revenue for the quarter was up 13.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.51 earnings per share. Sell-side analysts anticipate that The PNC Financial Services Group will post 15.37 EPS for the current fiscal year.

The PNC Financial Services Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, May 5th. Stockholders of record on Tuesday, April 14th will be paid a dividend of $1.70 per share. This represents a $6.80 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend is Tuesday, April 14th. The PNC Financial Services Group’s dividend payout ratio (DPR) is presently 39.51%.

Insider Transactions at The PNC Financial Services Group

In other news, EVP Richard Kevin Bynum sold 7,407 shares of The PNC Financial Services Group stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $230.98, for a total transaction of $1,710,868.86. Following the sale, the executive vice president directly owned 1,942 shares of the company’s stock, valued at approximately $448,563.16. This trade represents a 79.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Alexander E. C. Overstrom sold 2,500 shares of The PNC Financial Services Group stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $233.91, for a total value of $584,775.00. Following the sale, the executive vice president directly owned 21,120 shares in the company, valued at $4,940,179.20. The trade was a 10.58% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 64,186 shares of company stock valued at $14,840,973. Company insiders own 0.38% of the company’s stock.

Institutional Trading of The PNC Financial Services Group

A number of hedge funds have recently made changes to their positions in PNC. Faithward Advisors LLC increased its stake in shares of The PNC Financial Services Group by 187.2% in the first quarter. Faithward Advisors LLC now owns 14,152 shares of the financial services provider’s stock valued at $2,945,000 after buying an additional 9,225 shares during the period. CENTRAL TRUST Co lifted its stake in shares of The PNC Financial Services Group by 1.2% in the first quarter. CENTRAL TRUST Co now owns 13,491 shares of the financial services provider’s stock worth $2,807,000 after acquiring an additional 157 shares during the period. Cidel Asset Management Inc. lifted its stake in shares of The PNC Financial Services Group by 16.7% in the first quarter. Cidel Asset Management Inc. now owns 3,401 shares of the financial services provider’s stock worth $708,000 after acquiring an additional 486 shares during the period. Bar Harbor Wealth Management lifted its stake in shares of The PNC Financial Services Group by 2.4% in the first quarter. Bar Harbor Wealth Management now owns 2,726 shares of the financial services provider’s stock worth $567,000 after acquiring an additional 63 shares during the period. Finally, HHM Wealth Advisors LLC lifted its stake in shares of The PNC Financial Services Group by 37.2% in the first quarter. HHM Wealth Advisors LLC now owns 339 shares of the financial services provider’s stock worth $71,000 after acquiring an additional 92 shares during the period. 83.53% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting The PNC Financial Services Group

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

• Positive Sentiment: Q1 earnings beat consensus and showed strong loan growth and benefits from the FirstBank integration, underpinning confidence in PNC’s core earnings trajectory. PNC Q1 Deep Dive
• Positive Sentiment: Oppenheimer raised its price target to $268 and kept an outperform view, signaling stronger analyst conviction after the quarter. Oppenheimer PT Raise
• Positive Sentiment: Barclays raised its target to $277 and remains overweight, one of the larger upward revisions—supportive for upside expectations. Barclays PT Raise
• Positive Sentiment: Bank of America and Keefe, Bruyette & Woods issued positive forecasts/coverage affirming the bullish post‑earnings view. Bank of America Forecast KBW Forecast
• Positive Sentiment: PNC executives publicly expressed a constructive view on equity markets and growth prospects in media appearances, which helps investor sentiment. Yung-Yu Ma Interview
• Neutral Sentiment: Morgan Stanley raised its target to $267 but kept an equal‑weight rating — a positive revision in value but not a bullish upgrade. Morgan Stanley Note
• Neutral Sentiment: Truist lifted its target to $245 and maintained a hold rating, reflecting mixed upside vs. near‑term execution/expense questions. Truist PT Raise TickerReport
• Negative Sentiment: PNC slightly missed revenue expectations and reported pressure in noninterest income and higher operating expenses—factors that could cap near‑term multiple expansion. Q1 Highlights
• Negative Sentiment: Sector weakness from peers: Fifth Third’s Q1 miss and rising expenses/credit provisions underscores that higher costs and credit volatility remain risks for regional banks. Fifth Third Q1 Miss

About The PNC Financial Services Group

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.