Universal Beteiligungs und Servicegesellschaft mbH trimmed its holdings in Prudential Financial, Inc. (NYSE:PRU – Free Report) by 3.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 259,151 shares of the financial services provider’s stock after selling 8,706 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned 0.07% of Prudential Financial worth $29,315,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also modified their holdings of the business. Legal & General Group Plc raised its position in shares of Prudential Financial by 2.4% in the third quarter. Legal & General Group Plc now owns 2,701,116 shares of the financial services provider’s stock valued at $280,214,000 after buying an additional 62,366 shares during the last quarter. Nordea Investment Management AB raised its position in shares of Prudential Financial by 16.6% in the fourth quarter. Nordea Investment Management AB now owns 2,044,374 shares of the financial services provider’s stock valued at $231,321,000 after buying an additional 291,422 shares during the last quarter. First Trust Advisors LP grew its holdings in shares of Prudential Financial by 1.5% in the third quarter. First Trust Advisors LP now owns 1,172,443 shares of the financial services provider’s stock valued at $121,629,000 after purchasing an additional 17,030 shares during the period. Federated Hermes Inc. grew its holdings in shares of Prudential Financial by 0.7% in the third quarter. Federated Hermes Inc. now owns 1,095,031 shares of the financial services provider’s stock valued at $113,599,000 after purchasing an additional 7,526 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. grew its holdings in shares of Prudential Financial by 0.3% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 891,244 shares of the financial services provider’s stock valued at $92,458,000 after purchasing an additional 2,451 shares during the period. 56.83% of the stock is currently owned by institutional investors and hedge funds.
Prudential Financial Trading Down 0.5%
NYSE PRU opened at $94.38 on Friday. The firm has a 50 day simple moving average of $97.73 and a 200-day simple moving average of $104.77. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.16 and a current ratio of 0.16. Prudential Financial, Inc. has a one year low of $91.89 and a one year high of $119.76. The firm has a market cap of $32.83 billion, a price-to-earnings ratio of 9.44, a PEG ratio of 1.22 and a beta of 0.95.
Prudential Financial Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, March 12th. Shareholders of record on Tuesday, February 17th were issued a dividend of $1.40 per share. This is a boost from Prudential Financial’s previous quarterly dividend of $1.35. The ex-dividend date was Tuesday, February 17th. This represents a $5.60 annualized dividend and a yield of 5.9%. Prudential Financial’s dividend payout ratio (DPR) is presently 56.00%.
Insiders Place Their Bets
In other news, EVP Jacques Chappuis purchased 1,000 shares of the stock in a transaction on Friday, February 6th. The stock was bought at an average price of $100.97 per share, for a total transaction of $100,970.00. Following the acquisition, the executive vice president directly owned 1,000 shares of the company’s stock, valued at approximately $100,970. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Joseph J. Wolk purchased 400 shares of the stock in a transaction on Wednesday, February 11th. The shares were purchased at an average price of $105.32 per share, with a total value of $42,128.00. Following the acquisition, the director directly owned 400 shares in the company, valued at $42,128. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders bought 1,650 shares of company stock worth $168,841 in the last 90 days. Corporate insiders own 0.05% of the company’s stock.
Trending Headlines about Prudential Financial
Here are the key news stories impacting Prudential Financial this week:
- Positive Sentiment: PGIM names Brian Towers to lead Global Insurance & Strategic Partnerships — this strengthens Prudential’s asset-management distribution and could help PGIM deepen insurer relationships and integrated solutions over time. PGIM Appoints Brian Towers to Lead Global Insurance and Strategic Partnerships
- Neutral Sentiment: Analyst Keefe, Bruyette & Woods trimmed its price target to $100 and moved to “market perform” — a modest revision that still implies slight upside but is not a bullish endorsement. Keefe, Bruyette & Woods coverage (Benzinga)
- Neutral Sentiment: Piper Sandler lowered its target to $99 and kept a neutral rating — another modest downgrade that trims upside expectations but is not a sell signal. Piper Sandler coverage (Benzinga)
- Negative Sentiment: Prudential extended a Japan sales suspension and warned the affiliate’s misconduct probe will hit 2026 operating income by roughly $525M–$575M — a direct, near-term earnings headwind that analysts and investors view as material. Prudential Stock Slumps. A Misconduct Probe in Japan Is Getting ‘Ugly.’
- Negative Sentiment: Barclays downgraded PRU from “equal weight” to “underweight” and cut its target to $91 — a significant negative signal from a major bank that lowers investor appetite. Prudential Financial (NYSE:PRU) Stock Rating Lowered by Barclays
- Negative Sentiment: Jefferies downgraded PRU from “buy” to “hold” and slashed its price target to $98 — another influential analyst trimming conviction and reducing near-term upside. Prudential Financial (NYSE:PRU) Rating Lowered to “Hold” at Jefferies Financial Group
- Negative Sentiment: BMO cut its price target to $87 and assigned an “underperform” — one of the more bearish price-target moves, increasing downside risk in the near term. BMO coverage (Benzinga)
Analysts Set New Price Targets
A number of analysts recently issued reports on the company. Bank of America cut their price objective on Prudential Financial from $112.00 to $104.00 and set a “neutral” rating for the company in a research report on Tuesday, April 14th. UBS Group lowered their target price on shares of Prudential Financial from $105.00 to $98.00 and set a “neutral” rating for the company in a research note on Thursday, April 9th. Wall Street Zen lowered shares of Prudential Financial from a “buy” rating to a “hold” rating in a research note on Saturday, January 10th. Keefe, Bruyette & Woods lowered their target price on shares of Prudential Financial from $104.00 to $100.00 and set a “market perform” rating for the company in a research note on Thursday. Finally, BMO Capital Markets lowered their target price on shares of Prudential Financial from $91.00 to $87.00 and set an “underperform” rating for the company in a research note on Thursday. Ten research analysts have rated the stock with a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, Prudential Financial currently has an average rating of “Reduce” and a consensus price target of $101.75.
Get Our Latest Research Report on PRU
About Prudential Financial
Prudential Financial, Inc, headquartered in Newark, New Jersey, is a diversified financial services company with roots dating to 1875. The firm provides a range of insurance, retirement and investment products aimed at helping individual and institutional clients manage risk, accumulate and protect wealth, and plan for retirement. Prudential’s long history in life insurance and related financial services has positioned it as a major participant in the U.S. insurance market and a provider of services to a broad client base.
Prudential’s core business activities include individual life insurance, annuities, retirement solutions and group insurance products for employers.
Further Reading
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