Prudential Financial, Inc. $PRU Stock Holdings Cut by Alliancebernstein L.P.

08 Sep 2025, 09:18 by Tristan Rich · The Markets Daily

Alliancebernstein L.P. lessened its stake in shares of Prudential Financial, Inc. (NYSE:PRU – Free Report) by 1.3% in the first quarter, according to its most recent filing with the SEC. The fund owned 457,573 shares of the financial services provider’s stock after selling 5,972 shares during the period. Alliancebernstein L.P. owned about 0.13% of Prudential Financial worth $51,102,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of PRU. Meeder Asset Management Inc. lifted its holdings in shares of Prudential Financial by 90.2% in the first quarter. Meeder Asset Management Inc. now owns 234 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 111 shares in the last quarter. Cheviot Value Management LLC purchased a new stake in shares of Prudential Financial during the first quarter worth $26,000. North Capital Inc. acquired a new position in Prudential Financial during the first quarter worth $28,000. AlphaQuest LLC increased its position in Prudential Financial by 12,250.0% during the first quarter. AlphaQuest LLC now owns 247 shares of the financial services provider’s stock worth $28,000 after buying an additional 245 shares during the last quarter. Finally, Opal Wealth Advisors LLC acquired a new position in Prudential Financial during the first quarter worth $30,000. Institutional investors and hedge funds own 56.83% of the company’s stock.

Insider Transactions at Prudential Financial

In other Prudential Financial news, EVP Ann M. Kappler sold 4,000 shares of the stock in a transaction that occurred on Friday, August 29th. The shares were sold at an average price of $109.65, for a total transaction of $438,600.00. Following the transaction, the executive vice president owned 21,506 shares in the company, valued at $2,358,132.90. This represents a 15.68% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, major shareholder Insurance Co Of Ame Prudential bought 1,675,978 shares of the firm’s stock in a transaction on Monday, June 16th. The shares were acquired at an average price of $28.64 per share, for a total transaction of $48,000,009.92. Following the transaction, the insider owned 3,168,461 shares in the company, valued at approximately $90,744,723.04. This represents a 112.29% increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.25% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

PRU has been the topic of several research analyst reports. JPMorgan Chase & Co. raised their price target on Prudential Financial from $126.00 to $136.00 and gave the company a “neutral” rating in a research report on Tuesday, July 8th. Morgan Stanley lifted their target price on shares of Prudential Financial from $113.00 to $117.00 and gave the company an “equal weight” rating in a research note on Monday, August 18th. Wall Street Zen upgraded shares of Prudential Financial from a “sell” rating to a “hold” rating in a research note on Saturday, August 2nd. UBS Group lowered their price target on shares of Prudential Financial from $122.00 to $110.00 and set a “neutral” rating for the company in a report on Tuesday, May 27th. Finally, Barclays lifted their target price on shares of Prudential Financial from $119.00 to $120.00 and gave the stock an “equal weight” rating in a report on Thursday, July 17th. One equities research analyst has rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Prudential Financial has an average rating of “Hold” and a consensus price target of $122.08.

View Our Latest Report on Prudential Financial

Prudential Financial Trading Down 3.0%

Shares of NYSE:PRU opened at $105.62 on Monday. The stock has a market capitalization of $37.18 billion, a PE ratio of 23.42, a price-to-earnings-growth ratio of 0.94 and a beta of 1.07. The company’s 50-day moving average price is $105.88 and its two-hundred day moving average price is $105.61. Prudential Financial, Inc. has a one year low of $90.38 and a one year high of $130.55. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.16 and a quick ratio of 0.16.

Prudential Financial (NYSE:PRU – Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The financial services provider reported $3.58 earnings per share for the quarter, topping the consensus estimate of $3.22 by $0.36. The company had revenue of $13.50 billion for the quarter, compared to analyst estimates of $13.47 billion. Prudential Financial had a net margin of 2.75% and a return on equity of 15.80%. Prudential Financial’s revenue for the quarter was down 2.5% compared to the same quarter last year. During the same period in the previous year, the business earned $3.39 EPS. On average, equities analysts forecast that Prudential Financial, Inc. will post 14.36 EPS for the current fiscal year.

Prudential Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Investors of record on Tuesday, August 19th will be paid a $1.35 dividend. The ex-dividend date is Tuesday, August 19th. This represents a $5.40 dividend on an annualized basis and a yield of 5.1%. Prudential Financial’s dividend payout ratio is 119.73%.

Prudential Financial Company Profile

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