Rakuten Investment Management Inc. Buys New Shares in Truist Financial Corporation $TFC

Rakuten Investment Management Inc. bought a new position in shares of Truist Financial Corporation (NYSE:TFC) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 166,883 shares of the insurance provider’s stock, valued at approximately $7,630,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in Truist Financial during the second quarter worth approximately $487,401,000. Laurel Wealth Advisors LLC grew its position in shares of Truist Financial by 4,121.3% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,335,991 shares of the insurance provider’s stock valued at $100,424,000 after buying an additional 2,280,653 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its stake in Truist Financial by 811.0% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 2,018,457 shares of the insurance provider’s stock worth $86,773,000 after acquiring an additional 1,796,884 shares in the last quarter. Vanguard Group Inc. lifted its position in Truist Financial by 1.3% in the second quarter. Vanguard Group Inc. now owns 120,440,153 shares of the insurance provider’s stock valued at $5,177,722,000 after acquiring an additional 1,529,478 shares during the last quarter. Finally, AQR Capital Management LLC lifted its position in Truist Financial by 71.9% in the second quarter. AQR Capital Management LLC now owns 3,165,033 shares of the insurance provider’s stock valued at $136,065,000 after acquiring an additional 1,323,866 shares during the last quarter. 71.28% of the stock is owned by institutional investors and hedge funds.

Truist Financial Stock Up 1.9%

Shares of TFC opened at $50.05 on Thursday. The firm has a market cap of $64.03 billion, a PE ratio of 13.45, a price-to-earnings-growth ratio of 0.94 and a beta of 0.89. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.70. The company’s fifty day moving average is $48.55 and its two-hundred day moving average is $46.12. Truist Financial Corporation has a fifty-two week low of $33.56 and a fifty-two week high of $51.51.

Truist Financial (NYSE:TFC) last posted its earnings results on Wednesday, January 21st. The insurance provider reported $1.00 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.09 by ($0.09). Truist Financial had a return on equity of 8.73% and a net margin of 16.84%.The business had revenue of $5.30 billion for the quarter, compared to analyst estimates of $5.32 billion. During the same period last year, the company posted $0.91 EPS. The firm’s revenue for the quarter was up 3.6% compared to the same quarter last year. Analysts forecast that Truist Financial Corporation will post 4 earnings per share for the current year.

Truist Financial announced that its Board of Directors has initiated a stock buyback plan on Tuesday, December 16th that permits the company to buyback $10.00 billion in outstanding shares. This buyback authorization permits the insurance provider to buy up to 15.7% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s leadership believes its stock is undervalued.

Truist Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Friday, November 14th were issued a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend was Friday, November 14th. Truist Financial’s dividend payout ratio (DPR) is currently 55.91%.

Truist Financial News Summary

Here are the key news stories impacting Truist Financial this week:

• Positive Sentiment: Adjusted EPS and year-over-year earnings improved, with Truist reporting an EPS beat on adjusted measures and earnings above prior-year levels, supporting the rally. Truist Financial Corporation (TFC) Tops Q4 Earnings Estimates
• Positive Sentiment: Revenue and loan growth were positive year-over-year (revenue up ~3.6%), and management provided slide materials and a call for further color, which can reassure investors focused on underlying business trends. Earnings Slide Deck
• Neutral Sentiment: Company issued Q1 and FY-2026 revenue ranges roughly in line with consensus (slightly conservative in parts), leaving guidance neither strongly positive nor clearly disappointing. Conference Call / Guidance Materials
• Neutral Sentiment: Trading volume spiked materially above average, indicating active repositioning by investors reacting to the mixed print and guidance. MarketBeat Earnings Summary
• Negative Sentiment: Operating expenses and credit provisions rose year-over-year, which offset net interest income and fee gains and pressured margins — a key reason some investors sold into the print. TFC Q4 Earnings Beat Despite Y/Y Rise in Expenses, Stock Dips
• Negative Sentiment: An analyst downgrade highlighted “muted growth” that undermines the positive optics of planned buybacks, signaling some shops may trim exposure until growth and cost trajectories improve. Truist: Muted Growth Overshadows Buyback Plans (Downgrade)

Insider Buying and Selling at Truist Financial

In other news, Director K. David Jr. Boyer sold 5,160 shares of the company’s stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $46.45, for a total value of $239,682.00. Following the sale, the director owned 10,153 shares in the company, valued at approximately $471,606.85. This represents a 33.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.17% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on TFC. The Goldman Sachs Group reiterated a “buy” rating and set a $58.00 target price on shares of Truist Financial in a research report on Tuesday, January 6th. Piper Sandler set a $48.00 price target on Truist Financial in a research report on Monday, October 20th. UBS Group set a $55.00 price objective on Truist Financial in a research note on Tuesday, October 21st. Robert W. Baird lowered shares of Truist Financial from a “strong-buy” rating to a “hold” rating in a research report on Thursday, December 11th. Finally, Citigroup lifted their target price on shares of Truist Financial from $60.00 to $63.00 and gave the company a “buy” rating in a report on Wednesday, December 31st. Six research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $52.80.

About Truist Financial

Truist Financial Corporation is an American bank holding company that provides a broad range of financial services through its primary subsidiary, Truist Bank, and other operating units. The company offers traditional retail banking products and services such as deposit accounts, consumer and residential mortgage lending, and credit and debit card services. Truist also serves commercial clients with middle-market and corporate lending, treasury and payment solutions, and specialty finance products.

Beyond core banking, Truist operates wealth management, asset management, insurance and capital markets businesses.