Pinnacle Financial Partners (NYSE:PNFP) Stock Price Expected to Rise, TD Cowen Analyst Says

Pinnacle Financial Partners (NYSE:PNFP) had its price target lifted by research analysts at TD Cowen from $115.00 to $118.00 in a research report issued to clients and investors on Friday, Benzinga reports. The firm presently has a “buy” rating on the stock. TD Cowen‘s price objective indicates a potential upside of 15.95% from the stock’s current price.

Other analysts have also recently issued research reports about the company. DA Davidson lifted their price objective on Pinnacle Financial Partners from $109.00 to $112.00 and gave the company a “neutral” rating in a research report on Friday, July 24th. JPMorgan Chase & Co. lowered their price target on Pinnacle Financial Partners from $120.00 to $115.00 and set an “overweight” rating for the company in a research note on Thursday, October 1st. Morgan Stanley raised their price objective on shares of Pinnacle Financial Partners from $139.00 to $140.00 and gave the company an “overweight” rating in a research report on Friday. Weiss Ratings upgraded shares of Pinnacle Financial Partners from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, October 8th. Finally, Piper Sandler boosted their target price on shares of Pinnacle Financial Partners from $123.00 to $125.00 and gave the stock an “overweight” rating in a research report on Friday, October 2nd. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $118.95.

Pinnacle Financial Partners Stock Up 1.3%

PNFP stock opened at $101.77 on Friday. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.94 and a quick ratio of 0.93. The firm has a market cap of $7.89 billion, a PE ratio of 13.91, a P/E/G ratio of 0.40 and a beta of 1.03. The firm has a 50 day simple moving average of $97.96 and a 200 day simple moving average of $98.26. Pinnacle Financial Partners has a 12 month low of $81.08 and a 12 month high of $110.33.

Pinnacle Financial Partners (NYSE:PNFP) last posted its quarterly earnings data on Wednesday, October 21st. The company reported $2.69 earnings per share for the quarter, topping the consensus estimate of $2.62 by $0.07. The firm had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.28 billion. Pinnacle Financial Partners had a net margin of 15.97% and a return on equity of 11.88%. Equities research analysts forecast that Pinnacle Financial Partners will post 10.20 earnings per share for the current fiscal year.

Insider Activity at Pinnacle Financial Partners

In other Pinnacle Financial Partners news, insider M. Turner sold 54,107 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $108.13, for a total value of $5,850,589.91. Following the sale, the insider owned 248,123 shares of the company’s stock, valued at $26,829,539.99. This trade represents a 17.90% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Gregory Montana purchased 500 shares of the company’s stock in a transaction on Thursday, September 10th. The stock was acquired at an average cost of $98.61 per share, for a total transaction of $49,305.00. Following the completion of the transaction, the director owned 4,959 shares in the company, valued at approximately $489,006.99. This trade represents a 11.21% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders sold a total of 177,228 shares of company stock worth $19,153,713 in the last 90 days. 1.30% of the stock is owned by company insiders.

Institutional Trading of Pinnacle Financial Partners

A number of hedge funds have recently modified their holdings of the company. Resources Management Corp CT ADV acquired a new stake in shares of Pinnacle Financial Partners during the 1st quarter worth approximately $26,000. Annis Gardner Whiting Capital Advisors LLC increased its position in shares of Pinnacle Financial Partners by 97.7% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 350 shares of the company’s stock valued at $30,000 after purchasing an additional 173 shares during the period. Basecamp Wealth Advisors LLC raised its stake in shares of Pinnacle Financial Partners by 112.2% in the first quarter. Basecamp Wealth Advisors LLC now owns 399 shares of the company’s stock valued at $34,000 after purchasing an additional 211 shares in the last quarter. Leonteq Securities AG bought a new position in Pinnacle Financial Partners in the first quarter worth $38,000. Finally, Root Financial Partners LLC acquired a new stake in Pinnacle Financial Partners during the third quarter worth $42,000. Institutional investors own 87.40% of the company’s stock.

Key Stories Impacting Pinnacle Financial Partners

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, ahead of the $2.61–$2.62 consensus range and up from $2.27 a year earlier. Revenue reached approximately $1.31–$1.32 billion versus expectations of $1.28 billion. Net margin was 15.97% and return on equity was 11.88%. Pinnacle Financial Partners Reports Third-Quarter Results
• Positive Sentiment: Analysts raised their price targets and maintained bullish ratings. Robert W. Baird increased its target from $115 to $120 with an “outperform” rating, while Morgan Stanley raised its target from $139 to $140 and kept an “overweight” rating. The revisions suggest analysts see meaningful upside from current levels. Analyst Price Target Revisions
• Positive Sentiment: Recruiting momentum remains strong. Pinnacle added 96 revenue-producing team members during the third quarter, supporting expectations for future loan, deposit and fee-income growth across its Southeast franchise. Pinnacle Adds Revenue-Producing Team Members
• Neutral Sentiment: FY 2026 earnings guidance was updated, but the supplied announcement does not specify whether the outlook was raised, lowered or otherwise changed.
• Neutral Sentiment: Management changes were announced. The immediate financial impact is unclear based on the available information. Pinnacle Announces Management Changes

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.