Prudential Financial (NYSE:PRU) Price Target Lowered to $100.00 at Keefe, Bruyette & Woods

Prudential Financial (NYSE:PRU) had its price objective reduced by Keefe, Bruyette & Woods from $104.00 to $100.00 in a research report report published on Thursday morning,Benzinga reports. Keefe, Bruyette & Woods currently has a market perform rating on the financial services provider’s stock.

PRU has been the subject of several other reports. Jefferies Financial Group downgraded Prudential Financial from a “buy” rating to a “hold” rating and decreased their price objective for the company from $124.00 to $98.00 in a report on Wednesday. Wall Street Zen lowered Prudential Financial from a “buy” rating to a “hold” rating in a research note on Saturday, January 10th. Morgan Stanley cut their target price on Prudential Financial from $120.00 to $111.00 and set an “equal weight” rating on the stock in a research note on Tuesday, March 3rd. UBS Group cut their target price on Prudential Financial from $105.00 to $98.00 and set a “neutral” rating on the stock in a research note on Thursday, April 9th. Finally, Weiss Ratings lowered Prudential Financial from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, March 13th. Ten investment analysts have rated the stock with a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, Prudential Financial has a consensus rating of “Reduce” and an average price target of $101.75.

Prudential Financial Stock Performance

PRU stock opened at $94.38 on Thursday. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.16 and a quick ratio of 0.16. The business has a 50-day moving average price of $97.73 and a 200 day moving average price of $104.77. The company has a market capitalization of $32.83 billion, a P/E ratio of 9.44, a PEG ratio of 1.22 and a beta of 0.95. Prudential Financial has a 1-year low of $91.89 and a 1-year high of $119.76.

Prudential Financial (NYSE:PRU) last released its quarterly earnings data on Tuesday, February 3rd. The financial services provider reported $3.30 earnings per share for the quarter, missing the consensus estimate of $3.37 by ($0.07). The firm had revenue of $14.52 billion during the quarter, compared to the consensus estimate of $14.48 billion. Prudential Financial had a net margin of 6.20% and a return on equity of 16.32%. During the same quarter in the previous year, the firm earned $2.96 earnings per share. As a group, equities research analysts forecast that Prudential Financial will post 13.97 EPS for the current fiscal year.

Prudential Financial Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 12th. Stockholders of record on Tuesday, February 17th were paid a dividend of $1.40 per share. The ex-dividend date was Tuesday, February 17th. This is a positive change from Prudential Financial’s previous quarterly dividend of $1.35. This represents a $5.60 dividend on an annualized basis and a dividend yield of 5.9%. Prudential Financial’s payout ratio is presently 56.00%.

Insider Transactions at Prudential Financial

In other Prudential Financial news, Director Thomas D. Stoddard purchased 250 shares of the company’s stock in a transaction dated Tuesday, February 17th. The shares were acquired at an average price of $102.97 per share, for a total transaction of $25,742.50. Following the completion of the purchase, the director owned 250 shares of the company’s stock, valued at approximately $25,742.50. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Joseph J. Wolk purchased 400 shares of the company’s stock in a transaction dated Wednesday, February 11th. The shares were acquired at an average price of $105.32 per share, for a total transaction of $42,128.00. Following the purchase, the director directly owned 400 shares of the company’s stock, valued at approximately $42,128. The trade was a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders have acquired 1,650 shares of company stock worth $168,841. Insiders own 0.05% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Sunflower Bank N.A. lifted its holdings in Prudential Financial by 3.2% in the fourth quarter. Sunflower Bank N.A. now owns 2,911 shares of the financial services provider’s stock valued at $329,000 after acquiring an additional 91 shares during the period. Wetzel Investment Advisors Inc. lifted its holdings in Prudential Financial by 0.9% in the fourth quarter. Wetzel Investment Advisors Inc. now owns 10,022 shares of the financial services provider’s stock valued at $1,131,000 after acquiring an additional 94 shares during the period. CIBC Private Wealth Group LLC lifted its holdings in Prudential Financial by 0.3% in the third quarter. CIBC Private Wealth Group LLC now owns 28,795 shares of the financial services provider’s stock valued at $2,987,000 after acquiring an additional 97 shares during the period. Transcend Capital Advisors LLC lifted its holdings in Prudential Financial by 2.4% in the fourth quarter. Transcend Capital Advisors LLC now owns 4,175 shares of the financial services provider’s stock valued at $471,000 after acquiring an additional 98 shares during the period. Finally, Mindset Wealth Management LLC lifted its holdings in Prudential Financial by 2.1% in the third quarter. Mindset Wealth Management LLC now owns 4,781 shares of the financial services provider’s stock valued at $496,000 after acquiring an additional 100 shares during the period. 56.83% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Prudential Financial

Here are the key news stories impacting Prudential Financial this week:

• Positive Sentiment: PGIM leadership hire could modestly help business development and insurer relationships over time — appointment of Brian Towers to lead Global Insurance & Strategic Partnerships at PGIM. PGIM Appoints Brian Towers
• Neutral Sentiment: Company provided a conference call/transcript discussing the Japan situation and financial implications; useful for investors seeking detailed management commentary. PRU Discusses Extension of Sales Suspension (Transcript)
• Negative Sentiment: Prudential extended the suspension of new sales in Japan by another 180 days; management now expects a $525M–$575M hit to 2026 pre‑tax adjusted operating income, which is the primary near‑term earnings headwind. Prudential extends Japan sales suspension
• Negative Sentiment: News coverage frames the Japan misconduct probe and prolonged suspension as escalating (“getting ‘ugly’”), amplifying investor concern about earnings and reputational risk. Prudential Stock Slumps — Misconduct Probe
• Negative Sentiment: Multiple analyst downgrades and price‑target cuts followed the Japan update, reducing near‑term investor support:
  • Negative Sentiment: BMO cut target to $87 and moved to “underperform.” BMO note
  • Negative Sentiment: Barclays downgraded to “underweight,” target $91 (from $110). Barclays note
  • Negative Sentiment: Jefferies cut from “buy” to “hold,” target $98. Jefferies note
  • Negative Sentiment: Keefe, Bruyette & Woods lowered target to $100 (“market perform”). KBW note
  • Negative Sentiment: Piper Sandler cut target to $99 (“neutral”). Piper Sandler note

  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.

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