PNC Financial Services Group Inc, (PNC) is witnessing notable adjustments in their shareholdings. A variety of institutional entities and financial corporations have increased their stakes in the company, including
Trillium Asset Management LLC,
Russell Investment Group Ltd., and
National Pension Service. This indicates a robust institutional backing with
84% ownership. The movement has not been unidirectional, with others like
HighTower Advisors LLC and
Morton Community Bank selling off their stakes. PNC has also strategically bolstered its positions in various businesses including
ASE Technology Holding,
XPO Inc, and
INV VK Mun Tr. The company also
acquired Aqueduct Capital Group, expanding its footprint in the financial sector. Amid these changes, PNC experienced a slight decline of 0.7% since the last earnings report. The Treasury Department has listed PNC as a commercial vendor for federal financial services adding credibility to the firm. Conversely, the company is suing a tech CEO for an alleged $27.3M check-kiting scheme. PNC made key leadership changes in its Risk and Legal Organizations, signaling possible strategic adjustments.
Pnc Financial Services Group PNC News Analytics from Tue, 20 May 2025 07:00:00 GMT to Sun, 17 Aug 2025 00:02:56 GMT -
Rating 3
- Innovation -1
- Information 6
- Rumor 2
