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Why should you keep an eye on PNC Financial Services Group Inc (PNC)?

PNC Financial Services Group Inc (NYSE: PNC) is -19.42% 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 $155.32 in the last trading session, with the day’s gains setting it 0.07%.

Currently trading at $155.39, the stock is -6.32% and -12.95% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.61 million and changing 0.05% at the moment leaves the stock -16.07% off its SMA200. PNC registered 3.16% gain for a year compared to 6-month loss of -17.24%. The firm has a 50-day simple moving average (SMA 50) of $178.5116 and a 200-day simple moving average (SMA200) of $185.14975.

The stock witnessed a -10.70% gain in the last 1 month and extending the period to 3 months gives it a -20.60%, and is 3.76% 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 5.85% over the week and 3.79% over the month.

PNC Financial Services Group Inc (PNC) has around 53686 employees, a market worth around $61.50B and $33.91B in sales. Current P/E ratio is 11.30 and Fwd P/E is 9.00. Profit margin for the company is 16.21%. Distance from 52-week low is 8.27% and -28.15% from its 52-week high. The company has generated returns on investments over the last 12 months (5.53%).

The EPS is expected to grow by 9.87% this year.

PNC Financial Services Group Inc (PNC) Top Institutional Holders

2174.0 institutions hold shares in PNC Financial Services Group Inc (PNC), with institutional investors hold 85.49% of the company’s shares. The shares outstanding are 395.94M, and float is at 394.09M with Short Float at 1.11%. Institutions hold 85.17% 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 641 shares of the company’s common stock on Apr 11 ’25 at a price of $150.63 per share for a total of $96554.0. Following the sale, the insider now owns 0.56 million shares.

Still, SEC filings show that on Apr 09 ’25, DEMCHAK WILLIAM S (CEO) disposed off 601 shares at an average price of $160.00 for $96160.0. The insider now directly holds 563,573 shares of PNC Financial Services Group Inc (PNC).

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