Prudential Financial, Inc. (NYSE:PRU) Receives $105.46 Average PT from Analysts

Prudential Financial, Inc. (NYSE:PRU) has been given a consensus recommendation of “Reduce” by the seventeen brokerages that are covering the firm, MarketBeat reports. Five analysts have rated the stock with a sell rating, eleven have issued a hold rating and one has assigned a buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $105.4615.

Several research firms have recently commented on PRU. Argus lowered Prudential Financial from a “buy” rating to a “hold” rating in a research report on Tuesday, June 9th. Morgan Stanley reiterated an “underweight” rating and issued a $92.00 target price (down from $106.00) on shares of Prudential Financial in a research note on Monday, May 4th. Jefferies Financial Group increased their price target on shares of Prudential Financial from $105.00 to $110.00 and gave the company a “hold” rating in a research report on Friday, July 10th. Barclays raised their price target on shares of Prudential Financial from $90.00 to $92.00 and gave the company an “underweight” rating in a report on Tuesday, July 7th. Finally, BMO Capital Markets cut their price objective on shares of Prudential Financial from $91.00 to $87.00 and set an “underperform” rating on the stock in a research report on Thursday, April 23rd.

Insiders Place Their Bets

In other Prudential Financial news, major shareholder Insurance Co Of Ame Prudential sold 214,746 shares of the stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $24.75, for a total value of $5,314,963.50. Following the completion of the sale, the insider directly owned 7,973,657 shares in the company, valued at approximately $197,348,010.75. This trade represents a 2.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.05% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Prudential Financial

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Arrowstreet Capital Limited Partnership lifted its position in Prudential Financial by 95.3% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,556,748 shares of the financial services provider’s stock worth $249,769,000 after acquiring an additional 1,247,371 shares during the period. Norges Bank acquired a new position in shares of Prudential Financial in the fourth quarter valued at about $140,530,000. Marshall Wace LLP raised its stake in shares of Prudential Financial by 230.3% in the fourth quarter. Marshall Wace LLP now owns 1,374,966 shares of the financial services provider’s stock worth $155,206,000 after purchasing an additional 958,672 shares during the last quarter. Assenagon Asset Management S.A. lifted its holdings in shares of Prudential Financial by 379.8% during the second quarter. Assenagon Asset Management S.A. now owns 619,701 shares of the financial services provider’s stock worth $66,884,000 after purchasing an additional 490,553 shares during the period. Finally, First Trust Advisors LP lifted its holdings in shares of Prudential Financial by 37.3% during the first quarter. First Trust Advisors LP now owns 1,588,247 shares of the financial services provider’s stock worth $155,156,000 after purchasing an additional 431,527 shares during the period. 56.83% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Prudential Financial

Here are the key news stories impacting Prudential Financial this week:

• Positive Sentiment: Prudential reported second-quarter adjusted operating earnings of $4.08 per share, well above the $3.47–$3.52 analyst consensus and up from $3.58 a year earlier. Results benefited from stronger performance at PGIM and International Businesses, higher investment income, and record Group Insurance results. PRU Q2 Earnings Beat Estimates on PGIM and International Strength
• Positive Sentiment: Net income rose to $985 million from $533 million a year earlier. Total assets under management reached $1.642 trillion, while PGIM assets under management increased 4% year over year to $1.491 trillion. Prudential also returned $743 million to shareholders through dividends and share repurchases. Prudential Financial Announces Second Quarter 2026 Results
• Neutral Sentiment: Revenue of approximately $14.15 billion was slightly below the $14.36 billion consensus estimate, although other reported metrics generally showed resilient underwriting and operating performance. Management’s earnings call provided additional detail on business trends and capital deployment. Prudential Financial Q2 2026 Earnings Call Transcript
• Negative Sentiment: Chinese mainland tax authorities reportedly began applying personal income tax to returns from offshore insurance policies. Investors fear the move could reduce demand for Hong Kong insurance products and pressure Prudential’s regional growth, contributing to a sharp decline in the shares. Prudential slides after report on China offshore insurance tax
• Negative Sentiment: Investors are also weighing approximately $20 million to $40 million of weaker-than-expected alternative investment income, a roughly $90 million negative actuarial-review impact in Retirement, and the previously disclosed $525 million to $575 million reduction in 2026 pretax operating income from the suspension of new sales at Prudential of Japan. Prudential Falls as Investors Weigh Soft Q2 Signals and Japan Pressure

Prudential Financial Trading Down 2.7%

NYSE:PRU opened at $120.16 on Monday. The firm has a 50-day simple moving average of $112.03 and a 200-day simple moving average of $104.55. Prudential Financial has a one year low of $91.89 and a one year high of $127.72. The firm has a market cap of $41.69 billion, a P/E ratio of 10.88, a P/E/G ratio of 2.43 and a beta of 0.84. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.16 and a current ratio of 0.16.

Prudential Financial (NYSE:PRU) last issued its quarterly earnings data on Tuesday, August 4th. The financial services provider reported $4.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.52 by $0.56. The company had revenue of $14.15 billion for the quarter, compared to analyst estimates of $14.36 billion. Prudential Financial had a net margin of 6.51% and a return on equity of 16.60%. During the same period last year, the company posted $3.58 earnings per share. Equities analysts anticipate that Prudential Financial will post 13.86 EPS for the current fiscal year.

Prudential Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 11th. Stockholders of record on Tuesday, May 26th were issued a dividend of $1.40 per share. This represents a $5.60 annualized dividend and a dividend yield of 4.7%. The ex-dividend date was Tuesday, May 26th. Prudential Financial’s dividend payout ratio is currently 57.61%.

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.