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Prudential Financial PRU - News Analyzed: 3,962 - Last Week: 100 - Last Month: 499

⇑ Prudential Financial PRU Records Profit Growth Despite Subdued Market Conditions

Prudential Financial PRU Records Profit Growth Despite Subdued Market Conditions
Atlas Private Wealth Advisors carried out a $234,000 investment in Prudential Financial, Inc. (NYSE:PRU). Over the year, PRU has witnessed a 35.1% rise, hinting that there is likely more room for gains. The company's Q2 2024 earnings met estimates, while its revenues surpassed.'Prudential also declared a quarterly dividend on common stock and launched SimplyIncome for workplace retirement plans on the Fidelity Investmentsβ„’ platform. Shares of PRU rose by 13% YTD, despite being sold by QRG Capital Management Inc. Prudential also undertook pension obligations amounting to $4.9 billion for 21,500 Shell U.S. retirees. The company announced a quarterly dividend of $1.30 to be issued on September 12th. Analysis of PRU over the past year reveals a 46% gain and meets EPS estimates. However, Wesbanco Bank Inc sold 53,339 shares of PRU. The company plans a $2 billion share buyback and shows rising price performance, gaining momentum over seven straight sessions. Despite subdued growth, PRU remains a favoured stock among institutional owners and continues to record profits.

Prudential Financial PRU News Analytics from Thu, 07 Sep 2023 07:00:00 GMT to Sun, 11 Aug 2024 16:35:37 GMT - Rating 8 - Innovation 4 - Information 6 - Rumor -4

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