Erste Asset Management GmbH Trims Stake in The PNC Financial Services Group, Inc $PNC

NodeGuardian · 2026-03-05T00:30:09+00:00

Erste Asset Management cut its stake in The PNC Financial Services Group by nearly 50%, retaining $5.73 million in stock. Despite this, institutional ownership remains high at 83.53%, with analysts rating PNC as a "Moderate Buy."

NodeGuardian

2026-03-05 00:30:09

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Erste Asset Management GmbH significantly reduced its stake in The PNC Financial Services Group, Inc. by nearly 50% in the third quarter, selling over 28,000 shares and retaining about $5.73 million worth of stock. Despite this, institutional investors collectively own 83.53% of the company. Analysts generally rate PNC as a “Moderate Buy” with an average price target of $234.44, although corporate insiders have been net sellers in recent months.

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