PNC Financial Services (PNC)

• Market cap: $76.5B
• 1 day: 1.44%
• 5 days: -4.53%
• 1 month: -5.49%
• 3 months: 3.43%
• 6 months: 25.84%
• Year to date: 23.17%
• 1 year: 28.79%
• 5 years: 20.61%
• 10 years: 109.86%
• Sector: Financials
• Industry: National Commercial Banks

About: PNC Financial Services Group is a diversified financial services company offering retail banking, corporate and institutional banking, asset management, and residential mortgage banking across the United States.

Employees: 56,411

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

67% more funds holding in top 10

Funds holding in top 10: 12 [Q2] → 20 (+8) [Q3]

24% more first-time investments, than exits

New positions opened: 140 | Existing positions closed: 113

15% more capital invested

Capital invested by funds: $52B [Q2] → $60.1B (+$8.05B) [Q3]

2% more funds holding

Funds holding: 1,509 [Q2] → 1,536 (+27) [Q3]

3% less call options, than puts

Call options by funds: $415M | Put options by funds: $426M

2.25% less ownership

Funds ownership: 84.08% [Q2] → 81.83% (-2.25%) [Q3]

12% less repeat investments, than reductions

Existing positions increased: 543 | Existing positions reduced: 615

Research analyst outlook

10 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $180 7% downside
• Avg. target: $215 11% upside
• High target: $235 22% upside

10 analyst ratings

• positive: 4 40%
• neutral: 4 40%
• negative: 2 20%

Compass Point David Rochester 59% 1-year accuracy 13 / 22 met price target	21% upside $233	Neutral Maintained	10 Dec 2024
Goldman Sachs Richard Ramsden 70% 1-year accuracy 7 / 10 met price target	9% upside $210	Neutral Maintained	6 Dec 2024
Piper Sandler Scott Siefers 56% 1-year accuracy 14 / 25 met price target	14% upside $220	Neutral Maintained	3 Dec 2024
Citigroup Keith Horowitz 62% 1-year accuracy 13 / 21 met price target	22% upside $235	Buy Maintained	25 Nov 2024
Wells Fargo Whit Mayo 59% 1-year accuracy 10 / 17 met price target	22% upside $235	Overweight Maintained	15 Nov 2024