Pinnacle Financial Partners (NYSE:PNFP) Stock Gets Price Target Bump from JPMorgan Chase & Co.

Pinnacle Financial Partners (NYSE:PNFP) had its price objective upped by equities researchers at JPMorgan Chase & Co. from $115.00 to $125.00 in a report issued on Friday, Benzinga reports. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price indicates a potential upside of 23.43% from the stock’s current price.

A number of other brokerages have also commented on PNFP. DA Davidson lifted their price target on shares of Pinnacle Financial Partners from $109.00 to $112.00 and gave the stock a “neutral” rating in a report on Friday, July 24th. Citigroup lifted their target price on shares of Pinnacle Financial Partners from $122.00 to $126.00 and gave the stock a “buy” rating in a research note on Thursday, June 25th. Royal Bank Of Canada increased their price target on Pinnacle Financial Partners from $117.00 to $120.00 and gave the stock an “outperform” rating in a report on Friday. Weiss Ratings raised Pinnacle Financial Partners from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, October 8th. Finally, TD Cowen lifted their price objective on shares of Pinnacle Financial Partners from $115.00 to $118.00 and gave the company a “buy” rating in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $119.50.

Pinnacle Financial Partners Price Performance

Shares of PNFP stock traded up $0.82 during trading hours on Friday, reaching $101.28. The company’s stock had a trading volume of 511,435 shares, compared to its average volume of 1,352,421. The company has a quick ratio of 0.93, a current ratio of 0.94 and a debt-to-equity ratio of 0.73. Pinnacle Financial Partners has a fifty-two week low of $81.08 and a fifty-two week high of $110.33. The company has a market capitalization of $7.86 billion, a price-to-earnings ratio of 13.91, a PEG ratio of 0.40 and a beta of 1.03. The firm’s 50 day simple moving average is $97.96 and its 200-day simple moving average is $98.26.

Pinnacle Financial Partners (NYSE:PNFP) last announced its quarterly earnings results on Wednesday, October 21st. The company reported $2.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.62 by $0.07. The company had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.28 billion. Pinnacle Financial Partners had a net margin of 15.97% and a return on equity of 11.88%. Sell-side analysts forecast that Pinnacle Financial Partners will post 10.20 earnings per share for the current year.

Insider Transactions at Pinnacle Financial Partners

In other Pinnacle Financial Partners news, insider M. Turner sold 66,783 shares of the company’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $108.01, for a total transaction of $7,213,231.83. Following the sale, the insider directly owned 302,230 shares of the company’s stock, valued at $32,643,862.30. This represents a 18.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Kevin S. Blair bought 2,565 shares of the business’s stock in a transaction on Tuesday, September 1st. The shares were acquired at an average price of $97.48 per share, with a total value of $250,036.20. Following the transaction, the chief executive officer directly owned 152,397 shares of the company’s stock, valued at approximately $14,855,659.56. This trade represents a 1.71% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last 90 days, insiders sold 177,228 shares of company stock worth $19,153,713. 1.30% of the stock is owned by company insiders.

Institutional Trading of Pinnacle Financial Partners

A number of institutional investors have recently modified their holdings of PNFP. Brown Financial Advisors boosted its holdings in Pinnacle Financial Partners by 2.7% in the 2nd quarter. Brown Financial Advisors now owns 4,019 shares of the company’s stock worth $405,000 after buying an additional 105 shares during the period. Simplicity Wealth LLC grew its stake in Pinnacle Financial Partners by 1.5% in the 1st quarter. Simplicity Wealth LLC now owns 9,155 shares of the company’s stock valued at $789,000 after buying an additional 131 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC raised its holdings in Pinnacle Financial Partners by 97.7% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 350 shares of the company’s stock valued at $30,000 after acquiring an additional 173 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in Pinnacle Financial Partners by 1.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 9,269 shares of the company’s stock valued at $935,000 after acquiring an additional 174 shares during the period. Finally, Envestnet Portfolio Solutions Inc. raised its holdings in Pinnacle Financial Partners by 1.1% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 16,908 shares of the company’s stock valued at $1,706,000 after acquiring an additional 180 shares during the period. 87.40% of the stock is currently owned by hedge funds and other institutional investors.

Pinnacle Financial Partners News Roundup

Here are the key news stories impacting Pinnacle Financial Partners this week:

• Positive Sentiment: Q3 earnings and revenue exceeded expectations. Pinnacle reported adjusted earnings of $2.69 per share, up from $2.27 a year earlier and above the $2.61-$2.62 analyst consensus. Revenue reached approximately $1.31-$1.32 billion, exceeding the roughly $1.28 billion estimate. Pinnacle Financial Partners Q3 revenue earnings flash
• Positive Sentiment: Analysts raised their valuations and maintained bullish ratings. TD Cowen lifted its price target to $118 with a “buy” rating, Robert W. Baird raised its target to $120 with an “outperform” rating, and Morgan Stanley increased its target to $140 with an “overweight” rating. These targets imply substantial potential upside from recent trading levels. TD Cowen PNFP rating
• Positive Sentiment: Recruiting momentum supports future growth. Pinnacle added 96 revenue-producing team members during the third quarter, including a new asset-management team in Naples. Experienced hires could expand deposits, lending activity and fee-based revenue over time. Pinnacle adds 96 revenue-producing team members
• Neutral Sentiment: Fiscal 2026 guidance was updated, but the available announcement does not specify whether the revision was an increase or decrease, limiting its immediate significance. Management changes also require further detail before their financial impact can be assessed.
• Neutral Sentiment: Despite the positive earnings surprise, investors will continue monitoring costs associated with hiring, credit quality, net interest margins and the execution of Pinnacle’s expansion strategy.

About Pinnacle Financial Partners

Pinnacle Financial Partners, Inc is a bank holding company headquartered in Nashville, Tennessee. Through its primary subsidiary, Pinnacle Bank, the company provides banking and financial services to businesses, professionals, entrepreneurs and individuals.

Its offerings include commercial and consumer loans, deposit accounts, treasury and cash-management services, mortgage lending, investment and wealth-management services, trust services and insurance solutions. Pinnacle emphasizes relationship-based banking and serves clients through offices and financial professionals in Tennessee and selected markets in the Carolinas and Virginia.

Founded in 2000, Pinnacle has expanded from its Nashville base into a broader regional banking franchise through organic growth and acquisitions.