Pinnacle Financial Partners (NYSE:PNFP) Lowered to “Sell” Rating by Wall Street Zen

05 May 2026, 03:27 by Doug Wharley · The Cerbat Gem

Wall Street Zen cut shares of Pinnacle Financial Partners (NYSE:PNFP – Free Report) from a hold rating to a sell rating in a report issued on Monday morning.

A number of other research firms have also recently commented on PNFP. Keefe, Bruyette & Woods upped their price objective on Pinnacle Financial Partners from $95.00 to $100.00 and gave the company a “market perform” rating in a research report on Friday, January 9th. Truist Financial set a $100.00 price objective on Pinnacle Financial Partners in a research report on Friday, January 9th. DA Davidson initiated coverage on Pinnacle Financial Partners in a research report on Monday, January 5th. They set a “neutral” rating and a $110.00 price objective for the company. Weiss Ratings initiated coverage on Pinnacle Financial Partners in a research report on Monday, March 9th. They set a “hold (c+)” rating for the company. Finally, Piper Sandler upped their price objective on Pinnacle Financial Partners from $120.00 to $122.00 and gave the company an “overweight” rating in a research report on Wednesday, January 28th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $114.25.

Read Our Latest Stock Analysis on Pinnacle Financial Partners

Pinnacle Financial Partners Stock Down 0.9%

Shares of NYSE:PNFP opened at $97.79 on Monday. The firm has a market cap of $7.59 billion, a PE ratio of 13.56, a price-to-earnings-growth ratio of 0.37 and a beta of 1.06. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.90 and a current ratio of 0.90. Pinnacle Financial Partners has a 1 year low of $81.08 and a 1 year high of $120.46.

Pinnacle Financial Partners (NYSE:PNFP – Get Free Report) last posted its quarterly earnings data on Wednesday, April 22nd. The company reported $2.39 EPS for the quarter, beating analysts’ consensus estimates of $2.30 by $0.09. The company had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.20 billion. Pinnacle Financial Partners had a return on equity of 10.61% and a net margin of 15.02%. On average, analysts forecast that Pinnacle Financial Partners will post 10.38 EPS for the current year.

Pinnacle Financial Partners Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 1st will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend is Friday, May 1st. Pinnacle Financial Partners’s payout ratio is currently 27.74%.

Insider Transactions at Pinnacle Financial Partners

In related news, CFO Andrew J. Jr. Gregory purchased 1,000 shares of the business’s stock in a transaction on Thursday, February 12th. The stock was acquired at an average price of $94.52 per share, with a total value of $94,520.00. Following the completion of the acquisition, the chief financial officer owned 49,485 shares of the company’s stock, valued at approximately $4,677,322.20. This trade represents a 2.06% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Corporate insiders own 1.30% of the company’s stock.

Institutional Trading of Pinnacle Financial Partners

Several hedge funds have recently bought and sold shares of the stock. Goldman Sachs Group Inc. lifted its position in shares of Pinnacle Financial Partners by 6.2% in the first quarter. Goldman Sachs Group Inc. now owns 651,268 shares of the company’s stock valued at $69,060,000 after acquiring an additional 37,989 shares in the last quarter. Focus Partners Wealth lifted its position in shares of Pinnacle Financial Partners by 13.9% in the first quarter. Focus Partners Wealth now owns 4,755 shares of the company’s stock valued at $504,000 after acquiring an additional 581 shares in the last quarter. Amundi lifted its position in shares of Pinnacle Financial Partners by 25,700.0% in the second quarter. Amundi now owns 4,386 shares of the company’s stock valued at $513,000 after acquiring an additional 4,369 shares in the last quarter. Jump Financial LLC purchased a new position in shares of Pinnacle Financial Partners in the second quarter valued at about $229,000. Finally, Cerity Partners LLC lifted its position in shares of Pinnacle Financial Partners by 4.2% in the second quarter. Cerity Partners LLC now owns 26,061 shares of the company’s stock valued at $2,877,000 after acquiring an additional 1,039 shares in the last quarter. Institutional investors own 87.40% of the company’s stock.

About Pinnacle Financial Partners

(Get Free Report)

Pinnacle Financial Partners (NYSE: PNFP) is a bank holding company headquartered in Nashville, Tennessee, that provides a broad range of commercial and consumer banking services. Founded in 2000, the company operates through a network of banking offices and digital channels to serve individuals, small and middle-market businesses, and institutional clients. Pinnacle’s business model emphasizes relationship-based banking and tailored financial solutions for commercial borrowers and deposit customers.