Prudential Financial, Inc. $PRU Shares Sold by Glenmede Trust Co. NA

Glenmede Trust Co. NA lessened its stake in shares of Prudential Financial, Inc. (NYSE:PRU) by 31.7% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 10,012 shares of the financial services provider’s stock after selling 4,644 shares during the quarter. Glenmede Trust Co. NA’s holdings in Prudential Financial were worth $978,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. VCI Wealth Management LLC raised its position in shares of Prudential Financial by 117.1% in the fourth quarter. VCI Wealth Management LLC now owns 19,292 shares of the financial services provider’s stock valued at $2,178,000 after buying an additional 10,404 shares during the last quarter. KBC Group NV boosted its holdings in shares of Prudential Financial by 94.3% during the fourth quarter. KBC Group NV now owns 157,538 shares of the financial services provider’s stock worth $17,783,000 after purchasing an additional 76,461 shares during the last quarter. Munich Reinsurance Co Stock Corp in Munich grew its position in shares of Prudential Financial by 2,669.0% in the fourth quarter. Munich Reinsurance Co Stock Corp in Munich now owns 46,990 shares of the financial services provider’s stock valued at $5,342,000 after purchasing an additional 45,293 shares during the period. Mitsubishi UFJ Trust & Banking Corp lifted its position in Prudential Financial by 9.1% during the fourth quarter. Mitsubishi UFJ Trust & Banking Corp now owns 171,486 shares of the financial services provider’s stock worth $19,357,000 after buying an additional 14,327 shares during the period. Finally, Oxbow Advisors LLC purchased a new stake in Prudential Financial in the 4th quarter valued at about $6,545,000. 56.83% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Prudential Financial

In related news, major shareholder Insurance Co Of Ame Prudential sold 214,746 shares of the stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $24.75, for a total transaction of $5,314,963.50. Following the sale, the insider owned 7,973,657 shares in the company, valued at $197,348,010.75. This represents a 2.62% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.05% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Argus lowered shares of Prudential Financial from a “buy” rating to a “hold” rating in a report on Tuesday, June 9th. Piper Sandler upped their price target on shares of Prudential Financial from $105.00 to $110.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 24th. Wells Fargo & Company increased their price target on shares of Prudential Financial from $100.00 to $103.00 and gave the stock an “underweight” rating in a research note on Thursday, July 9th. Morgan Stanley reissued an “underweight” rating and set a $92.00 price objective (down from $106.00) on shares of Prudential Financial in a research note on Monday, May 4th. Finally, Wall Street Zen raised Prudential Financial from a “hold” rating to a “buy” rating in a research report on Saturday, July 18th. One equities research analyst has rated the stock with a Buy rating, eleven have assigned a Hold rating and five have assigned a Sell rating to the company. According to MarketBeat, Prudential Financial currently has an average rating of “Reduce” and an average target price of $105.46.

Prudential Financial Stock Up 0.9%

Shares of NYSE PRU opened at $121.29 on Friday. The company has a market cap of $42.09 billion, a P/E ratio of 10.99, a P/E/G ratio of 2.35 and a beta of 0.84. The stock has a fifty day moving average price of $112.44 and a 200 day moving average price of $104.62. Prudential Financial, Inc. has a 12-month low of $91.89 and a 12-month high of $127.72. The company has a current ratio of 0.16, a quick ratio of 0.16 and a debt-to-equity ratio of 0.62.

Prudential Financial (NYSE:PRU) last posted its quarterly earnings data on Tuesday, August 4th. The financial services provider reported $4.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.52 by $0.56. The company had revenue of $14.15 billion for the quarter, compared to the consensus estimate of $14.36 billion. Prudential Financial had a return on equity of 16.68% and a net margin of 6.51%.During the same period in the previous year, the business earned $3.58 EPS. Research analysts anticipate that Prudential Financial, Inc. will post 13.92 EPS for the current fiscal year.

Prudential Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 11th. Shareholders of record on Tuesday, May 26th were issued a dividend of $1.40 per share. This represents a $5.60 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend was Tuesday, May 26th. Prudential Financial’s dividend payout ratio is 50.72%.

Key Headlines Impacting Prudential Financial

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

• Positive Sentiment: Prudential reported second-quarter adjusted earnings of $4.08 per share, above the $3.52 analyst consensus. Adjusted operating income rose 14%, supported by stronger PGIM and International results, higher investment income and record performance in Group Insurance. PRU Q2 Earnings Beat Estimates on PGIM and International Strength
• Positive Sentiment: Management raised its cumulative efficiency-savings target to $750 million and said planned exits from emerging markets could release more than $3 billion in capital. These actions may improve capital flexibility and support shareholder returns. Prudential Financial Q2 2026 Earnings Call Highlights
• Neutral Sentiment: Revenue was $14.16 billion, slightly below the $14.36 billion consensus, despite the earnings beat. The result indicates that profitability and investment performance, rather than broad-based revenue growth, were the primary drivers of the quarter. Prudential Q2 Earnings and Revenues Top Estimates
• Negative Sentiment: Investors remain concerned about earnings quality. Alternative investment income was expected to be $20 million to $40 million below near-term expectations, while an annual actuarial review was projected to reduce Retirement adjusted operating income by about $90 million. Prudential Financial Falls as Investors Weigh Soft Q2 Signals
• Negative Sentiment: Reports that Chinese authorities are applying personal-income taxes to returns from offshore insurance policies triggered concerns about Prudential’s Hong Kong and broader international business. The company’s prolonged Japan sales suspension is also expected to reduce 2026 pretax adjusted operating income by approximately $525 million to $575 million. Prudential Slides After Report on China Offshore Insurance Tax

Prudential Financial Company 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.