SFE Investment Counsel Purchases 5,355 Shares of Prudential Financial, Inc. $PRU

SFE Investment Counsel lifted its holdings in Prudential Financial, Inc. (NYSE:PRU) by 6.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 85,685 shares of the financial services provider’s stock after purchasing an additional 5,355 shares during the period. Prudential Financial accounts for approximately 1.3% of SFE Investment Counsel’s portfolio, making the stock its 24th biggest holding. SFE Investment Counsel’s holdings in Prudential Financial were worth $8,371,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in PRU. Jessup Wealth Management Inc acquired a new stake in Prudential Financial in the 4th quarter valued at approximately $25,000. Garton & Associates Financial Advisors LLC bought a new stake in shares of Prudential Financial in the fourth quarter valued at approximately $26,000. Salomon & Ludwin LLC grew its stake in shares of Prudential Financial by 98.3% in the fourth quarter. Salomon & Ludwin LLC now owns 230 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 114 shares during the last quarter. SJS Investment Consulting Inc. increased its position in Prudential Financial by 93.1% during the first quarter. SJS Investment Consulting Inc. now owns 278 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 134 shares during the period. Finally, Lodestone Wealth Management LLC acquired a new position in Prudential Financial during the 4th quarter valued at $28,000. Institutional investors own 56.83% of the company’s stock.

More Prudential Financial News

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

• Positive Sentiment: Prudential was included in articles highlighting solid dividend stocks and momentum names, which can attract income and value investors looking for stable cash flows and defensive characteristics.
• Positive Sentiment: Mizuho raised its price target on Prudential Financial to $109 from $101, showing improved valuation expectations even though the firm kept a neutral stance.
• Positive Sentiment: Wells Fargo raised its price target to $103 from $100, signaling some confidence in Prudential’s outlook despite maintaining an underweight rating.
• Neutral Sentiment: Prudential announced it will report second-quarter 2026 earnings on August 4 and hold its strategy call on August 5, keeping investors focused on the upcoming results and management commentary. Prudential Financial, Inc. to Announce Second Quarter 2026 Earnings; Schedules Earnings and Strategy Call
• Neutral Sentiment: Jefferies lifted its target to $110 from $105 but kept a hold rating, reinforcing the view that the stock looks fairly valued after its recent run.
• Negative Sentiment: Several broker notes still imply downside from the current share price, including Wells Fargo, Mizuho, and Jefferies, which may temper further near-term gains.
• Negative Sentiment: Consensus coverage referenced in recent reports remains cautious, with analysts described as having a “reduce” recommendation on PRU, pointing to a generally lukewarm outlook.

Analysts Set New Price Targets

PRU has been the topic of several research analyst reports. BMO Capital Markets decreased their price target on shares of Prudential Financial from $91.00 to $87.00 and set an “underperform” rating on the stock in a research report on Thursday, April 23rd. Weiss Ratings upgraded shares of Prudential Financial from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, June 12th. Piper Sandler boosted their price target on Prudential Financial from $105.00 to $110.00 and gave the company a “neutral” rating in a research note on Wednesday, June 24th. Jefferies Financial Group upped their price target on Prudential Financial from $105.00 to $110.00 and gave the company a “hold” rating in a report on Friday. Finally, Mizuho upped their target price on Prudential Financial from $101.00 to $109.00 and gave the company a “neutral” rating in a research note on Thursday. Eleven investment analysts have rated the stock with a Hold rating and five have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus price target of $104.00.

Prudential Financial Price Performance

PRU stock traded up $0.43 during trading on Friday, hitting $115.43. The company had a trading volume of 1,310,500 shares, compared to its average volume of 1,756,589. The company has a market cap of $40.06 billion, a P/E ratio of 11.88, a P/E/G ratio of 2.10 and a beta of 0.85. The company has a current ratio of 0.16, a quick ratio of 0.16 and a debt-to-equity ratio of 0.58. The company has a fifty day moving average price of $105.58 and a two-hundred day moving average price of $104.10. Prudential Financial, Inc. has a fifty-two week low of $91.89 and a fifty-two week high of $119.76.

Prudential Financial (NYSE:PRU) last announced its quarterly earnings results on Tuesday, May 5th. The financial services provider reported $3.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.09 by $0.52. Prudential Financial had a net margin of 5.83% and a return on equity of 16.33%. The firm had revenue of $15.23 billion during the quarter, compared to the consensus estimate of $14.10 billion. During the same period last year, the firm posted $3.29 EPS. Equities research analysts expect that Prudential Financial, Inc. will post 13.82 earnings per share for the current fiscal year.

Prudential Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 11th. Investors of record on Tuesday, May 26th were issued a $1.40 dividend. This represents a $5.60 dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date of this dividend was Tuesday, May 26th. Prudential Financial’s payout ratio is currently 57.61%.

Prudential Financial Profile

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.