Carret Asset Management increased PNC Financial Services Group stake in Q3, while the company reported Q3 earnings above estimates.
Carret Asset Management LLC increased its stake in The PNC Financial Services Group by 2.3% in Q3, now holding $5.20 million worth of shares. Other institutional investors also adjusted their positions, with notable increases from ORG Partners and others. PNC announced a quarterly dividend of $1.60 per share, payable on November 5. The company reported Q3 earnings of $3.49 per share, surpassing estimates, with revenues of $5.43 billion.
October 27, 2024
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