
Prudential Financial, Inc. (NYSE:PRU – Free Report) – Analysts at DOWLING & PARTN upped their FY2026 EPS estimates for shares of Prudential Financial in a research note issued to investors on Friday, August 7th. DOWLING & PARTN analyst J. Hurwitz now anticipates that the financial services provider will post earnings per share of $14.90 for the year, up from their prior forecast of $14.00. The consensus estimate for Prudential Financial’s current full-year earnings is $13.92 per share. DOWLING & PARTN also issued estimates for Prudential Financial’s FY2027 earnings at $15.15 EPS and FY2028 earnings at $16.45 EPS.
Prudential Financial (NYSE:PRU – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The financial services provider reported $4.08 earnings per share for the quarter, topping analysts’ consensus estimates of $3.52 by $0.56. Prudential Financial had a net margin of 6.51% and a return on equity of 16.68%. The business had revenue of $14.15 billion for the quarter, compared to analysts’ expectations of $14.36 billion. During the same quarter in the prior year, the company earned $3.58 earnings per share.
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Prudential Financial Trading Up 0.6%
NYSE PRU opened at $121.95 on Tuesday. Prudential Financial has a 12 month low of $91.89 and a 12 month high of $127.72. The company has a current ratio of 0.16, a quick ratio of 0.16 and a debt-to-equity ratio of 0.62. The stock’s fifty day moving average price is $113.28 and its 200-day moving average price is $104.78. The stock has a market cap of $42.07 billion, a P/E ratio of 11.05, a P/E/G ratio of 2.35 and a beta of 0.84.
Insider Transactions at Prudential Financial
In other Prudential Financial news, major shareholder Insurance Co Of Ame Prudential sold 214,746 shares of the business’s stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $24.75, for a total transaction of $5,314,963.50. Following the completion of the sale, the insider directly owned 7,973,657 shares in the company, valued at $197,348,010.75. The trade was a 2.62% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.05% of the company’s stock.
Institutional Trading of Prudential Financial
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PRU. VCI Wealth Management LLC raised its stake in shares of Prudential Financial by 117.1% in the fourth quarter. VCI Wealth Management LLC now owns 19,292 shares of the financial services provider’s stock worth $2,178,000 after purchasing an additional 10,404 shares during the last quarter. KBC Group NV boosted its position in Prudential Financial by 94.3% in the fourth quarter. KBC Group NV now owns 157,538 shares of the financial services provider’s stock valued at $17,783,000 after buying an additional 76,461 shares during the last quarter. Munich Reinsurance Co Stock Corp in Munich increased its holdings in Prudential Financial by 2,669.0% in the 4th quarter. Munich Reinsurance Co Stock Corp in Munich now owns 46,990 shares of the financial services provider’s stock worth $5,342,000 after buying an additional 45,293 shares during the period. Mitsubishi UFJ Trust & Banking Corp raised its position in Prudential Financial by 9.1% during the 4th quarter. Mitsubishi UFJ Trust & Banking Corp now owns 171,486 shares of the financial services provider’s stock worth $19,357,000 after buying an additional 14,327 shares during the last quarter. Finally, Oxbow Advisors LLC acquired a new stake in Prudential Financial during the 4th quarter valued at approximately $6,545,000. 56.83% of the stock is owned by hedge funds and other institutional investors.
Prudential Financial Company Profile
Prudential Financial, Inc, headquartered in Newark, New Jersey, is a diversified financial services company with roots dating to 1875. The firm provides a range of insurance, retirement and investment products aimed at helping individual and institutional clients manage risk, accumulate and protect wealth, and plan for retirement. Prudential’s long history in life insurance and related financial services has positioned it as a major participant in the U.S. insurance market and a provider of services to a broad client base.
Prudential’s core business activities include individual life insurance, annuities, retirement solutions and group insurance products for employers.
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