Mizuho Has Lowered Expectations for Prudential Financial (NYSE:PRU) Stock Price

Prudential Financial (NYSE:PRU) had its target price cut by stock analysts at Mizuho from $113.00 to $109.00 in a research note issued to investors on Wednesday, Benzinga reports. The firm currently has a “neutral” rating on the financial services provider’s stock. Mizuho’s price objective would suggest a potential downside of 2.65% from the company’s current price.

Several other analysts have also weighed in on the company. Weiss Ratings upgraded Prudential Financial from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, September 29th. Zacks Research upgraded shares of Prudential Financial from a “strong sell” rating to a “hold” rating in a research report on Friday, June 12th. Wells Fargo & Company boosted their target price on shares of Prudential Financial from $103.00 to $110.00 and gave the stock an “underweight” rating in a report on Wednesday, August 19th. Wall Street Zen cut shares of Prudential Financial from a “buy” rating to a “hold” rating in a report on Monday, September 28th. Finally, TD Cowen upped their price target on Prudential Financial from $102.00 to $114.00 and gave the company a “hold” rating in a report on Wednesday, July 22nd. One research analyst has rated the stock with a Buy rating, ten have given a Hold rating and five have given a Sell rating to the company’s stock. According to MarketBeat, Prudential Financial currently has a consensus rating of “Reduce” and a consensus target price of $109.62.

Prudential Financial Stock Performance

Shares of NYSE PRU traded down $1.57 during midday trading on Wednesday, reaching $111.97. 565,239 shares of the company traded hands, compared to its average volume of 2,030,028. The stock has a 50-day moving average price of $119.77 and a 200 day moving average price of $109.78. The company has a market cap of $38.63 billion, a price-to-earnings ratio of 10.14, a PEG ratio of 1.70 and a beta of 0.85. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.16 and a quick ratio of 0.16. Prudential Financial has a 52 week low of $91.89 and a 52 week high of $127.72.

Prudential Financial (NYSE:PRU) last issued its quarterly earnings results 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 company had revenue of $14.15 billion during the quarter, compared to analyst estimates of $14.36 billion. During the same period in the prior year, the business posted $3.58 EPS. Sell-side analysts anticipate that Prudential Financial will post 14.54 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Prudential Financial news, EVP Ann M. Kappler sold 7,652 shares of Prudential Financial stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $125.01, for a total value of $956,576.52. Following the completion of the sale, the executive vice president directly owned 14,407 shares in the company, valued at $1,801,019.07. The trade was a 34.69% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Insurance Co Of Ame Prudential sold 214,746 shares of the stock in a transaction on 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 transaction, 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 ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.05% of the company’s stock.

Institutional Trading of Prudential Financial

A number of institutional investors and hedge funds have recently modified their holdings of PRU. BlackRock Inc. bought a new stake in Prudential Financial during the second quarter valued at about $3,507,481,000. State Street Corp increased its position in Prudential Financial by 1.2% in the 2nd quarter. State Street Corp now owns 17,164,760 shares of the financial services provider’s stock worth $1,852,593,000 after buying an additional 209,179 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of Prudential Financial by 4.6% during the first quarter. Dimensional Fund Advisors LP now owns 3,758,545 shares of the financial services provider’s stock worth $367,089,000 after buying an additional 166,641 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its position in shares of Prudential Financial by 95.3% in the first quarter. Arrowstreet Capital Limited Partnership now owns 2,556,748 shares of the financial services provider’s stock valued at $249,769,000 after acquiring an additional 1,247,371 shares during the period. Finally, Bank of New York Mellon Corp bought a new position in Prudential Financial during the second quarter worth $209,055,000. 56.83% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Prudential Financial

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

• Positive Sentiment: Prudential agreed to a $5 billion reinsurance transaction with Prismic Life. The deal is intended to transfer selected liabilities and improve capital flexibility, potentially creating a repeatable strategy for managing capital and risk. PRU’s $5B Prismic Deal Signals a Broader Capital-Management Strategy
• Positive Sentiment: Prudential has a history of beating earnings estimates, and Zacks believes its earnings-surprise indicators point to a potential beat in the upcoming quarterly report. Its most recent reported quarter also exceeded consensus EPS estimates.
• Positive Sentiment: Recent technical coverage noted that PRU moved above its 200-day moving average, a signal that can support longer-term investor confidence. Prudential Financial Share Price Breaks Above 200-Day Moving Average
• Neutral Sentiment: Prudential will report third-quarter 2026 results after the market closes on November 3. Investors may remain focused on earnings expectations and commentary on the reinsurance transaction ahead of that release. Prudential Financial to Announce Third Quarter 2026 Earnings
• Neutral Sentiment: Industry commentary remains broadly favorable toward multiline insurers, citing improved pricing, product redesigns and technology investments, although the article does not provide a company-specific catalyst.
• Negative Sentiment: Barclays raised its PRU price target from $92 to $96 but maintained an “underweight” rating. The revised target still implies approximately 14% downside from the referenced market price, reinforcing concerns about valuation or near-term performance.

About Prudential Financial

Prudential Financial, Inc (NYSE: PRU) is a global financial services company that provides insurance, retirement, investment management and related financial products. Founded in 1875 and headquartered in Newark, New Jersey, the company serves individual, institutional and workplace customers through businesses in the United States and selected international markets.

In the United States, Prudential offers life insurance, annuities, retirement plans and group insurance products, including coverage for employees and their families.