Pinnacle Financial Partners (NYSE:PNFP) Insider Robert Mccabe, Jr. Purchases 10,013 Shares

Pinnacle Financial Partners, Inc. (NYSE:PNFP) insider Robert Mccabe, Jr. acquired 10,013 shares of the firm’s stock in a transaction that occurred on Friday, July 24th. The stock was bought at an average price of $99.90 per share, for a total transaction of $1,000,298.70. Following the completion of the transaction, the insider owned 324,233 shares of the company’s stock, valued at $32,390,876.70. The trade was a 3.19% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link.

Pinnacle Financial Partners Price Performance

Shares of Pinnacle Financial Partners stock opened at $105.34 on Wednesday. The company has a current ratio of 0.94, a quick ratio of 0.93 and a debt-to-equity ratio of 0.73. Pinnacle Financial Partners, Inc. has a 1 year low of $81.08 and a 1 year high of $107.00. The company has a market capitalization of $8.17 billion, a price-to-earnings ratio of 14.47, a PEG ratio of 0.41 and a beta of 1.04. The company’s 50 day moving average is $98.29.

Pinnacle Financial Partners (NYSE:PNFP) last issued its quarterly earnings results on Wednesday, July 22nd. The company reported $2.50 EPS for the quarter, topping analysts’ consensus estimates of $2.46 by $0.04. The firm had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.24 billion. Pinnacle Financial Partners had a net margin of 15.40% and a return on equity of 10.93%. As a group, research analysts anticipate that Pinnacle Financial Partners, Inc. will post 10.22 earnings per share for the current year.

Pinnacle Financial Partners Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 7th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend is Friday, August 7th. Pinnacle Financial Partners’s dividend payout ratio is currently 27.47%.

Key Pinnacle Financial Partners News

Here are the key news stories impacting Pinnacle Financial Partners this week:

• Positive Sentiment: Truist raised its price target to $118 from $115 and reaffirmed a “Buy” rating. The new target implies approximately 12% upside from the recently cited price, signaling continued confidence in Pinnacle’s earnings outlook and valuation. Benzinga analyst update
• Positive Sentiment: Director Robert A. McCabe Jr. purchased roughly $1.0 million of PNFP shares. The acquisition increased his direct ownership by 3.19% to 324,233 shares, which investors may view as a strong vote of confidence from an insider. SEC insider transaction filing
• Positive Sentiment: Recent quarterly results provided a favorable backdrop. Pinnacle reported earnings of $2.50 per share, exceeding the $2.46 consensus estimate, while revenue was approximately in line with expectations. 2026 second-quarter earnings presentation
• Neutral Sentiment: Pinnacle declared its regular $0.50-per-share quarterly common-stock dividend, payable August 28 to shareholders of record August 7. The dividend represents an annualized yield of about 1.9%, supporting shareholder returns but not materially changing the company’s growth outlook. Pinnacle dividend announcement
• Neutral Sentiment: DA Davidson raised its price target to $112 from $109 but maintained a “Neutral” rating. The increase reflects somewhat improved valuation expectations, although the rating indicates limited conviction that the shares will substantially outperform.

Institutional Investors Weigh In On Pinnacle Financial Partners

A number of large investors have recently made changes to their positions in the business. Processus Wealth & Capital Management LLC bought a new position in shares of Pinnacle Financial Partners during the second quarter valued at approximately $721,000. Ballast Inc. bought a new stake in Pinnacle Financial Partners in the second quarter valued at $393,000. Handelsbanken Fonder AB increased its position in Pinnacle Financial Partners by 27.0% during the 2nd quarter. Handelsbanken Fonder AB now owns 235,281 shares of the company’s stock valued at $23,735,000 after purchasing an additional 50,000 shares during the period. Revolve Wealth Partners LLC purchased a new position in Pinnacle Financial Partners during the 2nd quarter valued at $465,000. Finally, Gradient Investments LLC raised its holdings in Pinnacle Financial Partners by 10.6% in the 2nd quarter. Gradient Investments LLC now owns 46,256 shares of the company’s stock worth $4,666,000 after purchasing an additional 4,436 shares in the last quarter. 87.40% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. UBS Group lifted their price target on Pinnacle Financial Partners from $110.00 to $120.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Stephens set a $112.00 price objective on Pinnacle Financial Partners in a research report on Monday. Wall Street Zen raised Pinnacle Financial Partners from a “sell” rating to a “hold” rating in a report on Tuesday, May 12th. Evercore restated an “outperform” rating and issued a $120.00 target price on shares of Pinnacle Financial Partners in a research report on Monday, July 6th. Finally, Benchmark cut their target price on Pinnacle Financial Partners from $132.00 to $125.00 and set a “buy” rating for the company in a research note on Friday, July 24th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $117.00.

Pinnacle Financial Partners Company Profile

Pinnacle Financial Partners (NYSE: PNFP) is a bank holding company headquartered in Nashville, Tennessee, that provides a broad range of commercial and consumer banking services. Founded in 2000, the company operates through a network of banking offices and digital channels to serve individuals, small and middle-market businesses, and institutional clients. Pinnacle’s business model emphasizes relationship-based banking and tailored financial solutions for commercial borrowers and deposit customers.

The company’s product and service offerings include commercial and residential lending, treasury and payment solutions, deposit accounts, mortgage services, and cash management.