Prudential Financial, Inc. (NYSE:PRU) has seen a number of developments drive its stock performance. Shares have been bought and sold by various investment groups including Tocqueville Asset Management and SEI Investments. The company's stock has gained for seven straight sessions. Prudential's Q1 2024 earnings report confirmed it met EPS estimates while revealing strategic progress. Zacks Research has revised earnings estimate for Prudential. The company has previewed its PGIM Assets and launched its SimplyIncome for workplace retirement plans on Fidelity Investments platform. A new 52-week high of $126.08 was reached. Various analysts recommend holding PRU stocks, with the claim that investing a year ago would have yielded a 46% gain. This is bolstered by the news that Prudential assumed $4.9 billion in pension obligations for 21,500 Shell U.S retirees and that the firm has been recognized for customer experience. However, several brokerages have given it an average recommendation of 'Reduce'. In sustainability efforts, the company has released its 2023 Sustainability Report.
