Pinnacle Financial Partners, Inc. (NYSE:PNFP) Receives Average Rating of “Moderate Buy” from Brokerages

26 Sep 2026, 09:58 by Sarita Garza · The Markets Daily

Shares of Pinnacle Financial Partners, Inc. (NYSE:PNFP – Get Free Report) have been assigned an average rating of “Moderate Buy” from the twenty-one ratings firms that are covering the firm, MarketBeat reports. Four equities research analysts have rated the stock with a hold recommendation, fifteen have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $119.68.

A number of analysts recently issued reports on PNFP shares. Wells Fargo & Company raised their price target on Pinnacle Financial Partners from $111.00 to $118.00 and gave the stock an “equal weight” rating in a research report on Monday, August 10th. Evercore reiterated an “outperform” rating and set a $120.00 price objective on shares of Pinnacle Financial Partners in a research report on Monday, July 6th. Benchmark increased their target price on shares of Pinnacle Financial Partners from $125.00 to $130.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Stephens set a $112.00 target price on shares of Pinnacle Financial Partners in a report on Monday, July 27th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Pinnacle Financial Partners from $125.00 to $120.00 and set an “overweight” rating for the company in a research note on Friday, July 24th.

Check Out Our Latest Stock Analysis on Pinnacle Financial Partners

Pinnacle Financial Partners Trading Up 1.3%

Shares of PNFP stock opened at $95.06 on Friday. The company has a market cap of $7.37 billion, a PE ratio of 13.06, a price-to-earnings-growth ratio of 0.37 and a beta of 1.01. Pinnacle Financial Partners has a 1 year low of $81.08 and a 1 year high of $110.33. The stock’s 50 day simple moving average is $101.44 and its two-hundred day simple moving average is $96.86. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.94 and a quick ratio of 0.93.

Pinnacle Financial Partners (NYSE:PNFP – Get Free Report) last announced its earnings results on Wednesday, July 22nd. The company reported $2.50 EPS for the quarter, topping analysts’ consensus estimates of $2.46 by $0.04. The firm had revenue of $1.24 billion during the quarter, compared to analysts’ expectations of $1.24 billion. Pinnacle Financial Partners had a return on equity of 10.93% and a net margin of 15.40%. Research analysts predict that Pinnacle Financial Partners will post 10.17 earnings per share for the current year.

Pinnacle Financial Partners Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Friday, August 7th were paid a $0.50 dividend. The ex-dividend date of this dividend was Friday, August 7th. This represents a $2.00 annualized dividend and a yield of 2.1%. Pinnacle Financial Partners’s dividend payout ratio (DPR) is presently 27.47%.

Insider Activity

In other Pinnacle Financial Partners news, insider Robert A. Mccabe, Jr. purchased 10,013 shares of Pinnacle Financial Partners stock in a transaction dated Friday, July 24th. The shares were purchased at an average cost of $99.90 per share, for a total transaction of $1,000,298.70. Following the completion of the acquisition, the insider owned 324,233 shares in the company, valued at $32,390,876.70. This represents a 3.19% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Kevin S. Blair purchased 2,565 shares of Pinnacle Financial Partners stock in a transaction dated Tuesday, September 1st. The stock was acquired at an average price of $97.48 per share, for a total transaction of $250,036.20. Following the completion of the acquisition, the chief executive officer owned 152,397 shares of the company’s stock, valued at approximately $14,855,659.56. This trade represents a 1.71% increase in their position. The SEC filing for this purchase provides additional information. In the last ninety days, insiders acquired 13,078 shares of company stock worth $1,299,640 and sold 177,228 shares worth $19,153,713. Insiders own 1.30% of the company’s stock.

Hedge Funds Weigh In On Pinnacle Financial Partners

Hedge funds have recently bought and sold shares of the business. BlackRock Inc. bought a new stake in shares of Pinnacle Financial Partners during the second quarter worth $1,704,708,000. Dimensional Fund Advisors LP grew its holdings in shares of Pinnacle Financial Partners by 80.4% in the first quarter. Dimensional Fund Advisors LP now owns 5,035,295 shares of the company’s stock worth $433,712,000 after purchasing an additional 2,244,659 shares during the last quarter. Wellington Management Group LLP grew its holdings in shares of Pinnacle Financial Partners by 22.1% in the second quarter. Wellington Management Group LLP now owns 11,141,397 shares of the company’s stock worth $1,123,944,000 after purchasing an additional 2,016,827 shares during the last quarter. Bank of New York Mellon Corp purchased a new position in Pinnacle Financial Partners in the 2nd quarter worth about $133,031,000. Finally, Norges Bank purchased a new position in Pinnacle Financial Partners in the 4th quarter worth about $116,349,000. Institutional investors own 87.40% of the company’s stock.

Pinnacle Financial Partners Company Profile

(Get Free Report)

Pinnacle Financial Partners, Inc is a bank holding company headquartered in Nashville, Tennessee. Through its principal subsidiary, Pinnacle Bank, the company provides financial services to businesses, professionals, entrepreneurs and individuals.

Its offerings include commercial and consumer banking, loans, deposit accounts, treasury and cash-management services, and mortgage lending. Pinnacle also provides investment advisory, wealth management, trust, insurance and other financial services through its banking platform and affiliated businesses.