Prudential Financial (NYSE:PRU) Stock Gets Price Target Reduction from Deutsche Bank Aktiengesellschaft

Prudential Financial (NYSE:PRU) had its price objective decreased by Deutsche Bank Aktiengesellschaft from $105.00 to $102.00 in a research report released on Friday morning. Deutsche Bank Aktiengesellschaft currently has a hold rating on the financial services provider’s stock.

A number of other research analysts also recently commented on the stock. Weiss Ratings downgraded shares of Prudential Financial from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, October 14th. Barclays decreased their target price on shares of Prudential Financial from $96.00 to $94.00 and set an “underweight” rating on the stock in a research report on Monday, October 19th. Piper Sandler lowered their target price on shares of Prudential Financial from $128.00 to $120.00 and set a “neutral” rating for the company in a report on Monday, October 12th. TD Cowen lowered their target price on shares of Prudential Financial from $114.00 to $112.00 and set a “hold” rating for the company in a report on Wednesday, October 21st. Finally, Wells Fargo & Company dropped their price target on shares of Prudential Financial from $110.00 to $104.00 and set an “underweight” rating for the company in a research report on Monday, October 12th. Two equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and five have given a Sell rating to the company. According to MarketBeat, Prudential Financial presently has an average rating of “Reduce” and an average target price of $111.33.

Prudential Financial Stock Performance

Prudential Financial stock opened at $115.02 on Friday. The firm has a market capitalization of $39.68 billion, a P/E ratio of 10.42, a PEG ratio of 1.84 and a beta of 0.85. The stock has a fifty day moving average price of $117.65 and a 200 day moving average price of $111.51. Prudential Financial has a 52 week low of $91.89 and a 52 week 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.

Prudential Financial (NYSE:PRU) last released its earnings results on Tuesday, August 4th. The financial services provider reported $4.08 earnings per share for the quarter, topping the consensus estimate of $3.52 by $0.56. Prudential Financial had a return on equity of 16.68% and a net margin of 6.51%. The firm had revenue of $14.15 billion for the quarter, compared to the consensus estimate of $14.36 billion. During the same period in the prior year, the business posted $3.58 earnings per share. Equities research analysts anticipate that Prudential Financial will post 13.53 earnings per share for the current year.

Prudential Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Tuesday, August 25th were paid a dividend of $1.40 per share. The ex-dividend date was Tuesday, August 25th. This represents a $5.60 annualized dividend and a yield of 4.9%. Prudential Financial’s dividend payout ratio is currently 50.72%.

Insider Activity

In other news, major shareholder Insurance Co Of Ame Prudential sold 214,746 shares of the firm’s 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 transaction, the insider directly owned 7,973,657 shares in the company, valued at $197,348,010.75. This trade represents a 2.62% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Ann Kappler sold 7,652 shares of the firm’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $125.01, for a total value of $956,576.52. Following the completion of the transaction, the executive vice president owned 14,407 shares in the company, valued at approximately $1,801,019.07. This trade represents a 34.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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 bought and sold shares of PRU. Orca Investment Management LLC purchased a new position in shares of Prudential Financial in the 2nd quarter valued at $2,605,000. Jones Financial Companies Lllp boosted its position in Prudential Financial by 21.3% during the 2nd quarter. Jones Financial Companies Lllp now owns 58,436 shares of the financial services provider’s stock worth $6,325,000 after purchasing an additional 10,257 shares during the period. Assenagon Asset Management S.A. boosted its position in Prudential Financial by 379.8% during the 2nd 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. Envestnet Asset Management Inc. boosted its position in Prudential Financial by 2.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 739,294 shares of the financial services provider’s stock worth $79,792,000 after purchasing an additional 19,451 shares during the period. Finally, Allianz Asset Management GmbH increased its holdings in Prudential Financial by 32.4% in the 2nd quarter. Allianz Asset Management GmbH now owns 28,105 shares of the financial services provider’s stock valued at $3,033,000 after purchasing an additional 6,877 shares in the last quarter. Institutional investors and hedge funds own 56.83% of the company’s stock.

Key Stories Impacting Prudential Financial

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

• Positive Sentiment: Prudential Financial expanded its distribution reach through a partnership with SoFi, which plans to offer Prudential life-insurance products to its approximately 15 million members. The agreement could support longer-term customer acquisition and premium growth. SoFi and Prudential Financial team up to expand access to life insurance
• Neutral Sentiment: JPMorgan lowered its price target from $127 to $124 and maintained a neutral rating. Although the revised target still implies potential upside from the current trading level, the reduction signals more cautious expectations. JPMorgan analyst recommendations
• Neutral Sentiment: Prudential Life Assurance Kenya agents were encouraged to help households manage financial uncertainty and build wealth. The initiative supports the company’s broader insurance mission but appears unlikely to materially affect near-term earnings. Prudential agents challenged to help families build and protect wealth
• Negative Sentiment: Deutsche Bank cut its price target from $105 to $102 and assigned a hold rating, implying downside relative to the current level. Deutsche Bank analyst recommendations
• Negative Sentiment: Dowling & Partners reduced its FY2026 EPS forecast to $13.70 from $14.65, below the $14.37 consensus estimate. It also cut its FY2027 forecast to $13.80 from $14.60 and its FY2028 forecast to $15.30 from $16.15, pointing to weaker expected profit growth.
• Negative Sentiment: Analysts expect Prudential Financial’s upcoming third-quarter report to show a double-digit decline in earnings, increasing pressure on the stock ahead of the results. What to expect from Prudential Financial’s next earnings report

Prudential Financial Company Profile

Prudential Financial, Inc (NYSE: PRU) is a global financial services company that provides insurance, retirement, investment management and related financial products. Founded in Newark, New Jersey, in 1875, the company serves individuals, businesses and institutional investors through a range of businesses and distribution channels.

In the United States, Prudential offers life insurance, annuities, retirement plans and employee benefits, including group life, disability and dental insurance.