Pinnacle Financial Partners (NYSE:PNFP) Price Target Raised to $120.00

Pinnacle Financial Partners (NYSE:PNFP) had its target price boosted by Robert W. Baird from $115.00 to $120.00 in a research note released on Friday morning, Marketbeat Ratings reports. The brokerage currently has an outperform rating on the stock.

Other research analysts have also recently issued reports about the company. Wells Fargo & Company raised Pinnacle Financial Partners from an “equal weight” rating to an “overweight” rating and set a $118.00 price target on the stock in a report on Wednesday, September 30th. Morgan Stanley increased their price objective on shares of Pinnacle Financial Partners from $139.00 to $140.00 and gave the company an “overweight” rating in a report on Friday. DA Davidson lifted their price objective on shares of Pinnacle Financial Partners from $109.00 to $112.00 and gave the company a “neutral” rating in a research report on Friday, July 24th. Citigroup boosted their target price on shares of Pinnacle Financial Partners from $122.00 to $126.00 and gave the stock a “buy” rating in a report on Thursday, June 25th. Finally, JPMorgan Chase & Co. dropped their target price on shares of Pinnacle Financial Partners from $120.00 to $115.00 and set an “overweight” rating for the company in a research report on Thursday, October 1st. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $119.65.

Pinnacle Financial Partners Stock Performance

Shares of NYSE PNFP opened at $100.57 on Friday. Pinnacle Financial Partners has a 12-month low of $81.08 and a 12-month high of $110.33. The firm has a market capitalization of $7.80 billion, a price-to-earnings ratio of 13.43, a price-to-earnings-growth ratio of 0.40 and a beta of 1.03. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.73. The firm has a 50 day moving average of $97.81 and a 200 day moving average of $98.35.

Pinnacle Financial Partners (NYSE:PNFP) last issued its quarterly earnings results on Wednesday, October 21st. The company reported $2.69 EPS for the quarter, topping analysts’ consensus estimates of $2.62 by $0.07. Pinnacle Financial Partners had a return on equity of 11.33% and a net margin of 15.97%. The business had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.28 billion. On average, research analysts anticipate that Pinnacle Financial Partners will post 10.22 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Gregory G. Montana purchased 500 shares of the business’s stock in a transaction dated Thursday, September 10th. The shares were purchased at an average cost of $98.61 per share, for a total transaction of $49,305.00. Following the completion of the acquisition, the director owned 4,959 shares in the company, valued at approximately $489,006.99. This trade represents a 11.21% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Kevin S. Blair bought 2,565 shares of Pinnacle Financial Partners stock in a transaction dated Tuesday, September 1st. The shares were bought at an average cost of $97.48 per share, for a total transaction of $250,036.20. Following the completion of the transaction, the chief executive officer owned 152,397 shares of the company’s stock, valued at approximately $14,855,659.56. This trade represents a 1.71% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have sold 177,228 shares of company stock valued at $19,153,713 in the last ninety days. 1.30% of the stock is owned by company insiders.

Hedge Funds Weigh In On Pinnacle Financial Partners

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Brown Financial Advisors increased its holdings in shares of Pinnacle Financial Partners by 2.7% in the 2nd quarter. Brown Financial Advisors now owns 4,019 shares of the company’s stock valued at $405,000 after acquiring an additional 105 shares during the period. Simplicity Wealth LLC lifted its stake in shares of Pinnacle Financial Partners by 1.5% during the 1st quarter. Simplicity Wealth LLC now owns 9,155 shares of the company’s stock worth $789,000 after purchasing an additional 131 shares during the last quarter. Swmg LLC boosted its position in Pinnacle Financial Partners by 7.1% during the third quarter. Swmg LLC now owns 2,273 shares of the company’s stock valued at $228,000 after purchasing an additional 150 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC boosted its position in Pinnacle Financial Partners by 97.7% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 350 shares of the company’s stock valued at $30,000 after purchasing an additional 173 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its position in Pinnacle Financial Partners by 1.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 9,269 shares of the company’s stock valued at $935,000 after purchasing an additional 174 shares in the last quarter. 87.40% of the stock is currently owned by institutional investors.

Trending Headlines about Pinnacle Financial Partners

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

• Positive Sentiment: Analysts raised price targets and ratings. JPMorgan increased its target from $115 to $125 and maintained an “overweight” rating. TD Cowen raised its target to $118 and upgraded the stock to “buy,” while Robert W. Baird lifted its target to $120 and maintained an “outperform” rating. Morgan Stanley also raised its target to $140 and kept an “overweight” rating. The revisions imply substantial upside and reinforce confidence in PNFP’s earnings outlook. JPMorgan analyst information
• Positive Sentiment: Third-quarter earnings exceeded expectations. PNFP reported adjusted earnings of $2.69 per share, up from $2.27 a year earlier and above the roughly $2.61–$2.62 consensus estimate. Revenue reached approximately $1.31–$1.32 billion, also exceeding the $1.28 billion forecast. The earnings and revenue beats suggest continued operating momentum. Third-quarter earnings results
• Positive Sentiment: PNFP added 96 revenue-producing team members during the third quarter, extending its recruiting momentum across the Southeast. The experienced hires could support future loan growth, fee income, and market expansion. Pinnacle adds 96 revenue-producing team members
• Neutral Sentiment: PNFP updated its fiscal 2026 earnings guidance, but the available announcement does not provide the revised figures, limiting the immediate investor takeaway.
• Neutral Sentiment: The company announced management changes and added an asset-management team in Naples. These moves may support growth, although their financial impact is not yet quantified. New asset management team in Naples

About Pinnacle Financial Partners

Pinnacle Financial Partners, Inc is a bank holding company headquartered in Nashville, Tennessee. Through its primary subsidiary, Pinnacle Bank, the company provides banking and financial services to businesses, professionals, entrepreneurs and individuals.

Its offerings include commercial and consumer loans, deposit accounts, treasury and cash-management services, mortgage lending, investment and wealth-management services, trust services and insurance solutions. Pinnacle emphasizes relationship-based banking and serves clients through offices and financial professionals in Tennessee and selected markets in the Carolinas and Virginia.

Founded in 2000, Pinnacle has expanded from its Nashville base into a broader regional banking franchise through organic growth and acquisitions.