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Arizona State Retirement System Decreases Stock Holdings in The PNC Financial Services Group, Inc $PNC
The Arizona State Retirement System reduced its stock holdings in The PNC Financial Services Group by 4.2% in Q4 2025, selling 4,850 shares and retaining 110,670 shares valued at approximately $23.1 million. This comes as PNC reported strong Q4 earnings, beating EPS estimates, and declared a quarterly dividend of $1.70 per share. However, insider selling activity, including a significant sale by CEO William Demchak, has also been noted.