Mitsubishi UFJ Trust & Banking Corp Sells 21,397 Shares of The PNC Financial Services Group, Inc $PNC

29 Apr 2026, 18:08 by Doug Wharley · The Cerbat Gem

Mitsubishi UFJ Trust & Banking Corp lessened its position in shares of The PNC Financial Services Group, Inc (NYSE:PNC – Free Report) by 6.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 307,835 shares of the financial services provider’s stock after selling 21,397 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in The PNC Financial Services Group were worth $64,254,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. Quarry LP purchased a new position in shares of The PNC Financial Services Group in the third quarter worth about $25,000. Beacon Financial Strategies CORP purchased a new position in The PNC Financial Services Group in the 4th quarter valued at approximately $35,000. Westfuller Advisors LLC purchased a new stake in shares of The PNC Financial Services Group during the third quarter worth $34,000. JPL Wealth Management LLC bought a new position in shares of The PNC Financial Services Group in the third quarter worth $37,000. Finally, Financial Life Planners purchased a new position in shares of The PNC Financial Services Group in the third quarter valued at $39,000. 83.53% of the stock is owned by hedge funds and other institutional investors.

The PNC Financial Services Group Trading Down 0.2%

NYSE:PNC opened at $220.83 on Wednesday. The firm has a market capitalization of $89.08 billion, a P/E ratio of 12.83, a PEG ratio of 0.92 and a beta of 0.96. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.83 and a quick ratio of 0.82. The PNC Financial Services Group, Inc has a one year low of $156.70 and a one year high of $243.94. The company’s 50-day simple moving average is $214.34 and its 200 day simple moving average is $208.12.

The PNC Financial Services Group (NYSE:PNC – Get Free Report) last released its earnings results on Wednesday, April 15th. The financial services provider reported $4.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.92 by $0.40. The firm had revenue of $6.17 billion during the quarter, compared to analyst estimates of $6.21 billion. The PNC Financial Services Group had a net margin of 20.89% and a return on equity of 12.10%. The business’s revenue was up 13.1% on a year-over-year basis. During the same period last year, the business earned $3.51 earnings per share. As a group, analysts forecast that The PNC Financial Services Group, Inc will post 18.93 EPS for the current fiscal year.

The PNC Financial Services Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 5th. Stockholders of record on Tuesday, April 14th will be paid a $1.70 dividend. This represents a $6.80 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend is Tuesday, April 14th. The PNC Financial Services Group’s dividend payout ratio is currently 39.51%.

Analyst Ratings Changes

Several brokerages have commented on PNC. Wells Fargo & Company raised their target price on The PNC Financial Services Group from $252.00 to $264.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 20th. Bank of America upped their target price on shares of The PNC Financial Services Group from $260.00 to $264.00 and gave the stock a “buy” rating in a report on Thursday, April 16th. Jefferies Financial Group began coverage on shares of The PNC Financial Services Group in a research report on Thursday, March 26th. They set a “buy” rating and a $250.00 price target for the company. Keefe, Bruyette & Woods lifted their price objective on The PNC Financial Services Group from $247.00 to $253.00 and gave the company a “market perform” rating in a research note on Thursday, April 16th. Finally, Oppenheimer raised their price target on The PNC Financial Services Group from $263.00 to $268.00 and gave the company an “outperform” rating in a report on Thursday, April 16th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, The PNC Financial Services Group has an average rating of “Moderate Buy” and a consensus price target of $241.69.

View Our Latest Stock Analysis on The PNC Financial Services Group

Insider Buying and Selling

In other news, EVP Louis Robert Cestello sold 4,279 shares of The PNC Financial Services Group stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $234.01, for a total value of $1,001,328.79. Following the completion of the transaction, the executive vice president owned 18,867 shares of the company’s stock, valued at $4,415,066.67. The trade was a 18.49% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Richard Kevin Bynum sold 7,407 shares of the stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $230.98, for a total transaction of $1,710,868.86. Following the sale, the executive vice president directly owned 1,942 shares in the company, valued at $448,563.16. This trade represents a 79.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 64,186 shares of company stock worth $14,840,973 in the last 90 days. 0.38% of the stock is owned by company insiders.

The PNC Financial Services Group Profile

(Free Report)

The PNC Financial Services Group, Inc is a diversified financial services company headquartered in Pittsburgh, Pennsylvania, offering a broad range of banking, lending, investment and wealth management services. PNC operates a national banking franchise with a significant retail branch network and dedicated capabilities for commercial, institutional and government clients. Its services are designed to serve individuals, small businesses, corporations and public sector entities across the United States.