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PNC Financial Services Group Inc (PNC) down -10.11% since start of the year

PNC Financial Services Group Inc (NYSE: PNC) is -10.11% lower on its value in year-to-date trading and has touched a low of $143.52 and a high of $216.26 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PNC stock was last observed hovering at around $174.00 in the last trading session, with the day’s loss setting it -0.65%.

Currently trading at $173.35, the stock is -4.47% and -9.34% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.12 million and changing -0.37% at the moment leaves the stock -5.74% off its SMA200. PNC registered 16.74% gain for a year compared to 6-month gain of -2.19%. The firm has a 50-day simple moving average (SMA 50) of $191.2182 and a 200-day simple moving average (SMA200) of $183.90485.

The stock witnessed a -10.60% loss in the last 1 month and extending the period to 3 months gives it a -14.31%, and is 1.93% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.06% over the week and 2.39% over the month.

PNC Financial Services Group Inc (PNC) has around 53686 employees, a market worth around $68.60B and $33.91B in sales. Current P/E ratio is 12.61 and Fwd P/E is 9.90. Profit margin for the company is 16.21%. Distance from 52-week low is 20.79% and -19.84% from its 52-week high. The company has generated returns on investments over the last 12 months (5.53%).

with sales reaching $5.5B over the same period.The EPS is expected to grow by 11.63% this year, but quarterly earnings will post 6.09% year-over-year. Quarterly sales are estimated to grow 6.85% in year-over-year returns.

PNC Financial Services Group Inc (PNC) Top Institutional Holders

2183.0 institutions hold shares in PNC Financial Services Group Inc (PNC), with institutional investors hold 85.29% of the company’s shares. The shares outstanding are 395.94M, and float is at 394.08M with Short Float at 1.06%. Institutions hold 84.97% of the Float.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 37.08 million shares valued at $5.77 billion. The investor’s holdings represent 9.2709% of the PNC Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 28.99 million shares valued at $4.51 billion to account for 7.2469 of the shares outstanding. The other top investors are STATE STREET CORP which holds 17.2 million shares representing 4.2997% and valued at over $2.67 billion, while FMR LLC holds 4.291 of the shares totaling 17.16 million with a market value of $2.67 billion.

PNC Financial Services Group Inc (PNC) Insider Activity

The most recent transaction is an insider sale by DEMCHAK WILLIAM S, the company’s CEO. SEC filings show that DEMCHAK WILLIAM S sold 1,242 shares of the company’s common stock on Mar 14 ’25 at a price of $171.15 per share for a total of $0.21 million. Following the sale, the insider now owns 0.57 million shares.

Still, SEC filings show that on Mar 07 ’25, DEMCHAK WILLIAM S (CEO) disposed off 1,242 shares at an average price of $178.83 for $0.22 million. The insider now directly holds 568,541 shares of PNC Financial Services Group Inc (PNC).

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