Pinnacle Financial Partners: Merger integration, growth momentum, and tech upgrades drive a strong outlook for 2026
Pinnacle Financial Partners is experiencing robust growth and a strong outlook for 2026, driven by successful merger integration, increasing loan and deposit volumes, and planned technology upgrades. The company expects efficiency gains, capital strength, and innovation in AI to further bolster its positive trajectory. This assessment is based on the Bank of America Financial Services Conference 2026 Audio Transcript.
Does Pinnacle Financial Partners' (PNFP) New Dividend Mix Reveal Its True Capital Allocation Priorities?
Pinnacle Financial Partners (PNFP) has announced a new US$0.50 per-share cash dividend for common shareholders, alongside dividends for preferred stock. This move signals a more shareholder-friendly capital return strategy, but also increases the need for the company to maintain strong capital ratios, especially if loan charge-offs continue to rise. While the stock has seen gains, its valuation remains a subject of diverse analyst opinions, highlighting potential undervaluation and critical risks related to credit costs and funding pressures.
Does Pinnacle Financial Partners' (PNFP) New Dividend Mix Reveal Its True Capital Allocation Priorities?
Pinnacle Financial Partners (PNFP) has announced a new US$0.50 per-share cash dividend for common shareholders, along with declarations for preferred stock. This move signals a more shareholder-friendly capital return strategy, reinforcing the company's commitment to converting earnings into shareholder value while carefully managing credit and capital. However, risks include richer valuation multiples and increased cash commitments potentially limiting flexibility if credit costs or funding pressures rise.
Assessing Pinnacle Financial Partners (PNFP) Valuation After Fresh Dividend Declarations
Pinnacle Financial Partners (PNFP) recently declared a US$0.50 cash dividend per share for common shareholders and fresh preferred stock dividends, following positive share price momentum. While analysts see an 11.6% undervaluation with a fair value of $115.71, some concerns exist regarding its P/E ratio of 24.6x, which is double the US Banks industry average. Investors are encouraged to review the complete narrative and consider risks like the Synovus integration and potential commercial real estate stress before making investment decisions.
Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) Given Average Recommendation of "Moderate Buy" by Brokerages
Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) has received an average "Moderate Buy" rating from 20 brokerages, with an average 1-year target price of $113.41. The company recently declared a $0.50 per share dividend payable February 27th, and insider activity shows Chairman Robert A. McCabe Jr. sold 6,775 shares. Institutional investors hold a significant 87.40% ownership of PNFP.
Shamblin joins Pinnacle Financial Partners as managing director
David Shamblin has been appointed as managing director, senior vice president, captive and reinsurance team lead, and collateral solutions lead at Pinnacle Financial Partners, effective January 2026. In this new role, Shamblin will lead Pinnacle’s specialized captive and reinsurance team, providing products and services for risk-bearing entities. He previously held positions at Pinnacle Financial Partners, BB&T Wealth, SunTrust, and Capital Financial Group.
Shamblin joins Pinnacle Financial Partners as managing director
David Shamblin has been appointed as managing director at Pinnacle Financial Partners, effective January 2026. He will also serve as senior vice president, captive and reinsurance team lead, and collateral solutions lead, heading the firm's specialized captive and reinsurance team. Shamblin brings extensive experience from previous roles at Pinnacle, BB&T Wealth, SunTrust, and Capital Financial Group, and is a Certified Trust and Fiduciary Advisor.
Strs Ohio Decreases Stock Holdings in Pinnacle Financial Partners, Inc. $PNFP
Strs Ohio significantly reduced its stake in Pinnacle Financial Partners (NASDAQ:PNFP) by 87% in Q3, selling 12,220 shares and retaining 1,825 shares valued at $171,000. Other institutional investors showed mixed activity, with some boosting and others initiating new stakes. Pinnacle Financial Partners has announced a dividend of $0.50 per share, payable on February 27th, and analysts generally rate the stock as a "Moderate Buy" with an average price target of $113.41.
Woodmont Investment Counsel LLC Boosts Position in Pinnacle Financial Partners, Inc. $PNFP
Woodmont Investment Counsel LLC significantly increased its stake in Pinnacle Financial Partners, Inc. (PNFP) by 43.1% in the third quarter, bringing its total holdings to 94,388 shares valued at $8.85 million. This move is part of broader institutional interest, with hedge funds and other institutions collectively owning about 87.40% of the stock. Pinnacle Financial Partners recently declared a $0.50 dividend, and the stock currently holds a "Moderate Buy" consensus rating from analysts with a target price of $113.41.
Should Stronger Earnings, Higher Charge-Offs and Steady Dividends at PNFP Require Action From Pinnacle Financial Partners (PNFP) Investors?
Pinnacle Financial Partners (PNFP) recently reported strong full-year 2025 earnings with increased net interest income and net income, alongside higher net loan charge-offs. Despite these mixed results, the company's board approved a steady common dividend and multiple preferred stock dividends, signaling confidence in its financial position even while integrating Synovus Financial. The article suggests that PNFP is a "growth-at-a-premium" bank still managing merger integration and credit risks, which are key factors for investors to consider.
Should Stronger Earnings, Higher Charge-Offs and Steady Dividends at PNFP Require Action From Pinnacle Financial Partners (PNFP) Investors?
Pinnacle Financial Partners reported higher net interest income and net income for full-year 2025, but also an increase in net loan charge-offs. Despite these challenges and ongoing integration costs from the Synovus merger, the company's board approved a common dividend and multiple preferred dividends, signaling confidence in its financial position. Investors are now evaluating the balance between stronger earnings, rising charge-offs, and continued dividend support in shaping the company's investment outlook.
What Analysts Are Saying About Pinnacle Finl Partners Stock
Eleven analysts have recently provided ratings for Pinnacle Financial Partners (PNFP), showing a mix of bullish and indifferent sentiments. The average 12-month price target for PNFP is $117.45, an increase of 2.52% from the previous average. The company shows strong revenue growth and net margin, but its Return on Equity (ROE) and Return on Assets (ROA) are below industry averages.
5 Must-Read Analyst Questions From Pinnacle Financial Partners's Q4 Earnings Call
Pinnacle Financial Partners (PNFP) saw a positive market reaction to its Q4 results despite missing revenue and non-GAAP profit expectations, attributed to balance sheet growth, strong loan origination in expansion markets, and healthy core deposit growth. Key analyst questions focused on post-merger systems conversion, loan growth confidence, capital markets fee income guidance, geographic hiring strategy, and deposit cost trends. The company's management addressed these points, emphasizing client service, operational execution, and future growth catalysts like revenue producer hiring and systems integration.
Analysts Offer Insights on Financial Companies: Pinnacle Financial Partners (PNFP), Amalgamated Bank (AMAL) and Citizens Financial (CFG)
This article summarizes recent analyst ratings for three financial companies: Pinnacle Financial Partners (PNFP), Amalgamated Bank (AMAL), and Citizens Financial (CFG). Analysts from KBW and Citi have provided ratings and price targets, with Pinnacle Financial Partners receiving a "Strong Buy" consensus, Amalgamated Bank a "Moderate Buy," and Citizens Financial also a "Strong Buy." The report details the individual analyst's success rates and average returns.
Pinnacle Financial Partners Declares $0.50 Cash Dividend
Pinnacle Financial Partners has declared a cash dividend of $0.50 per share, payable on February 27, 2026, to shareholders of record as of February 6, 2026. The company boasts $119.1 billion in assets, ranks highly as an employer, and recently merged with Synovus Financial Corp. Wall Street analysts maintain a "Moderate Buy" rating for PNFP, with an average 1-year price target of $113.53.
Pinnacle Financial Partners Announces Common Dividend
Pinnacle Financial Partners has announced a cash dividend of $0.50 per share for common shareholders, payable on February 27, 2026, to shareholders of record as of February 6, 2026. The firm, a $119.1 billion asset regional bank, recently joined forces with Synovus Financial Corp. in 2026. Pinnacle is recognized as a top employer in financial services and as the largest bank headquartered in Tennessee.
Alphabet Inc. $GOOG Holdings Trimmed by Pinnacle Financial Partners Inc
Pinnacle Financial Partners Inc. significantly reduced its stake in Alphabet Inc. (GOOG) by 16.5% during the third quarter, selling 46,005 shares and retaining 232,202 shares valued at approximately $56.55 million. Despite this trimming, Alphabet represents 1.4% of Pinnacle's portfolio and remains its 14th largest holding. The move follows a strong earnings report from Alphabet, which surpassed revenue and EPS estimates, though insider selling by CEO Sundar Pichai and other company insiders has been noted.
Pinnacle Financial Partners (PNFP) Reports 22% EPS Growth Post-Synovus Merger
Pinnacle Financial Partners (PNFP) announced an 18% year-over-year adjusted EPS increase to $2.24 in Q4 2025, driven by a successful and rapid integration after its merger with Synovus. The company projects significant loan and deposit growth for 2026 and has authorized a $400 million share repurchase program along with a $0.50 quarterly dividend, demonstrating confidence in future profitability and commitment to shareholder returns. Analysts provide a positive outlook, with an average 1-year price target of $113.53 for PNFP stock.
Pinnacle Financial Surges On Strong Q4, Merger Completion
Pinnacle Financial Partners (NYSE: PNFP) shares rose after reporting strong fourth-quarter earnings and completing its merger with Synovus Financial. The company saw significant increases in consolidated revenue and net income for both the quarter and the full year 2025. Analysts maintained largely positive ratings following the strategic acquisition, and management provided an optimistic outlook for 2026.
Pinnacle Financial Partners Inc Buys 1,539 Shares of Broadcom Inc. $AVGO
Pinnacle Financial Partners Inc increased its stake in Broadcom (AVGO) by 3.0% in Q3, acquiring an additional 1,539 shares to hold a total of 53,093 shares valued at approximately $17.5 million. Broadcom reported strong quarterly earnings with revenue of $18.02 billion and EPS of $1.95, beating analyst estimates. While analysts mostly rate Broadcom as a "Buy" with a consensus target price of $438.61, the article notes concerns about heavy insider selling and valuation.
Pinnacle Financial Partners, Inc. $PNFP Shares Sold by CapWealth Advisors LLC
CapWealth Advisors LLC significantly reduced its stake in Pinnacle Financial Partners (PNFP) by 50% in the third quarter of 2025, selling over 10,000 shares. This move follows an insider sale by Chairman Robert A. McCabe Jr., who also sold 6,775 shares in November. Despite these sales, analyst sentiment remains broadly positive, with a "Moderate Buy" consensus rating and an average price target of $113.18 for PNFP.
Pinnacle Financial Partners (NYSE:PNFP) Reports Strong Earnings Growth but Misses Revenue Estimates
Pinnacle Financial Partners (NYSE:PNFP) announced strong fourth-quarter 2025 earnings growth, with adjusted diluted EPS increasing by 17.9% year-over-year, ultimately leading to a slight miss against analyst estimates. Despite missing revenue estimates, the company reported significant balance sheet growth, improved net interest margin, and strong fee income. The report highlighted the recent completion of its merger with Synovus Financial Corp., positioning the combined entity for future success.
Pinnacle Financial Partners (NASDAQ:PNFP) Reports Sales Below Analyst Estimates In Q4 CY2025 Earnings
Pinnacle Financial Partners (NASDAQ:PNFP) reported Q4 CY2025 earnings where sales of $542.2 million missed analyst estimates but still grew 11.3% year-on-year. The regional banking company's non-GAAP profit of $2.24 per share was 1.1% below consensus. Key financial metrics like net interest income and revenue fell short of expectations, leading to a weaker quarter for the company, although tangible book value per share showed strong annual growth over five years.
Campbell & CO Investment Adviser LLC Sells 53,897 Shares of Pinnacle Financial Partners, Inc. $PNFP
Campbell & CO Investment Adviser LLC significantly reduced its stake in Pinnacle Financial Partners (PNFP) by selling 53,897 shares, lowering its holdings to 7,098 shares valued at $666,000. Despite this, institutional ownership remains high at 87.40%, with other firms like Voya Investment Management increasing their positions. Analysts maintain a "Moderate Buy" consensus rating for PNFP, with an average target price of $113.00, and corporate insiders also recently conducted sales, with Chairman Robert A. Mccabe, Jr. selling 6,775 shares.
Johnson & Johnson $JNJ Shares Bought by Pinnacle Financial Partners Inc
Pinnacle Financial Partners Inc increased its stake in Johnson & Johnson (JNJ) by 16% in Q3, making it their 21st largest holding. Johnson & Johnson has received a "Moderate Buy" consensus rating from analysts, with several price target increases. The company also announced a quarterly dividend of $1.30 per share.
Anheuser-Busch InBev SA/NV $BUD Shares Sold by Pinnacle Financial Partners Inc
Pinnacle Financial Partners Inc. significantly decreased its stake in Anheuser-Busch InBev SA/NV ($BUD) in the third quarter of 2025, selling 95.9% of its holdings. Despite this, other institutional investors either increased or initiated new positions in the company. Anheuser-Busch InBev reported strong quarterly earnings, beating analyst estimates for EPS, and maintains a "Moderate Buy" rating with an average target price of $77.67 from analysts.
Tennessee bank expands Charlotte-area presence with new Lake Norman branch
Pinnacle Financial Partners is expanding its presence in the Charlotte area by opening a new branch in Mooresville, near Lake Norman. The Tennessee-based bank already operates a loan production office in Charlotte and is actively evaluating further growth opportunities in the market. The new branch signifies Pinnacle Financial's continued investment and expansion in the region.
Pinnacle Financial Partners Inc Has $774,000 Stake in Enbridge Inc $ENB
Pinnacle Financial Partners Inc significantly reduced its stake in Enbridge Inc by 86.4% during Q3, now holding 15,335 shares valued at $774,000. This comes as Enbridge missed analyst expectations for EPS and revenue in its latest quarter, though it did increase its quarterly dividend, offering an 8.2% yield. Analysts currently rate Enbridge as a "Moderate Buy" with a consensus price target of $63.00.
Pinnacle Financial Partners Inc Buys New Position in Palantir Technologies Inc. $PLTR
Pinnacle Financial Partners Inc. initiated a new position in Palantir Technologies Inc. (PLTR) during the third quarter, acquiring 3,064 shares for approximately $559,000. Institutional investors now collectively own 45.65% of Palantir. Despite strong Q3 earnings beating analyst estimates and positive sentiment from JPMorgan's CEO visit and an upgraded rating from Truist, Palantir faces scrutiny due to its high valuation and recent insider share sales totaling over $167 million.
Pinnacle Financial Partners Inc Sells 239,967 Shares of NIKE, Inc. $NKE
Pinnacle Financial Partners Inc significantly reduced its stake in NIKE, Inc. by selling 239,967 shares, retaining 10,463 shares valued at $730,000. Institutional investors showed mixed activity, with some increasing and others initiating positions, while insiders like Director Timothy D. Cook bought shares and Chairman Mark Parker sold shares. Analysts maintain a "Moderate Buy" consensus with a target price of $75.13, and NIKE recently beat EPS estimates and raised its dividend.
Pinnacle Financial Partners Inc Sells 3,443 Shares of Lockheed Martin Corporation $LMT
Pinnacle Financial Partners Inc recently reduced its stake in Lockheed Martin Corporation by 6.6%, selling 3,443 shares, though other institutional investors increased their holdings. Analysts have largely maintained a "Hold" rating with an average price target of $538.53, despite recent price target lifts from some firms and a positive outlook for the defense sector. Lockheed Martin also reported strong quarterly earnings, beating estimates and providing solid FY2025 guidance.
Pinnacle Financial Partners Updates Executive Pay and Noncompete Terms
Pinnacle Financial Partners has updated the executive compensation for Robert A. McCabe Jr. post-merger, maintaining his total target compensation while adjusting its composition. Concurrently, the company secured a one-year noncompete and cooperation agreement with Harold R. Carpenter for a $2 million payment to protect its interests and retain key expertise after the merger. An analyst rating indicates a Buy for PNFP stock with a $109.00 price target, and TipRanks' AI Analyst rates it as Outperform due to solid financial performance tempered by some mixed technical indicators and a modest P/E.
Pinnacle Financial Partners amends executive compensation and enters non-compete agreement
Pinnacle Financial Partners (NYSE:PNFP) has announced amendments to executive compensation for Chief Banking Officer Robert A. McCabe Jr., maintaining his total target compensation at $5,890,000 but adjusting the structure. The company also entered into a restrictive covenant agreement with Harold R. Carpenter, who will receive $2,000,000 for a one-year non-compete and non-solicitation agreement. These developments follow Pinnacle Financial's recent merger with Synovus Financial, which has garnered varied analyst ratings and price target adjustments.
Is Pinnacle Financial Partners (PNFP) Pricing A Disconnect From Its Earnings Power?
This article analyzes Pinnacle Financial Partners (PNFP) valuation using two methods: Excess Returns and Price vs. Earnings. The Excess Returns model suggests PNFP is 42.3% undervalued, with an intrinsic value of about US$165.03 compared to its recent share price of US$95.21. The P/E ratio analysis also indicates that PNFP is undervalued based on Simply Wall St's proprietary Fair Ratio.
Is Pinnacle Financial Partners (PNFP) Pricing A Disconnect From Its Earnings Power?
Pinnacle Financial Partners (PNFP) appears undervalued according to Simply Wall St's analysis, with its stock trading significantly below its intrinsic value as calculated by the Excess Returns model. While its P/E ratio is slightly above the industry average, it screens as undervalued when compared to Simply Wall St's proprietary Fair Ratio. The article encourages investors to explore their own valuation narratives on platforms like Simply Wall St's Community.
State of Alaska Department of Revenue Has $3.59 Million Stock Position in Pinnacle Financial Partners, Inc. $PNFP
The State of Alaska Department of Revenue significantly increased its stake in Pinnacle Financial Partners (PNFP) by 343.7% in Q3, now holding 38,282 shares valued at $3.589 million. Pinnacle Financial Partners reported strong Q3 earnings, beating analyst expectations with $2.27 EPS and $544.8M in revenue. Institutional ownership is high at 87.40%, and analysts currently rate the stock as a "Moderate Buy" with an average price target of $113.00.
Pinnacle President and CEO Kevin Blair to Hold Fireside Chat at BofA Securities Financial Services Conference
Pinnacle Financial Partners President and CEO Kevin Blair will participate in a fireside chat at the BofA Securities Financial Services Conference on February 11, 2026, at 1:50 p.m. EST. A webcast of the event will be available on the company's investor relations website. Pinnacle is a $117.2 billion asset regional bank and is recognized as a top employer in the financial services industry.
Inside a $117B regional bank as its CEO sits down onstage in Miami
Pinnacle Financial Partners President and CEO Kevin Blair will participate in a fireside chat at the BofA Securities Financial Services Conference in Miami Beach on February 11, 2026. Pinnacle Financial is a $117.2 billion asset regional bank that provides a full range of banking, investment, and insurance products. The firm is recognized for being a top employer and has a significant market presence in several U.S. states.
Reliant Investment Management LLC Takes Position in Pinnacle Financial Partners, Inc. $PNFP
Reliant Investment Management LLC has established a new position in Pinnacle Financial Partners (NASDAQ:PNFP), acquiring 58,414 shares valued at approximately $5.48 million, representing 2.1% of Reliant's portfolio. Other institutional investors like Norges Bank and Balyasny Asset Management also made significant moves in PNFP, contributing to an institutional ownership of 87.40%. Analysts maintain a "Moderate Buy" consensus rating with a target price of $113.00, supported by the company's recent earnings beat.
RBC Capital initiates Pinnacle Financial Partners stock with Outperform rating
RBC Capital has initiated coverage of Pinnacle Financial Partners (NASDAQ:PNFP) with an Outperform rating and a $120.00 price target, following its merger with Synovus. The firm views the merger positively, anticipating enhanced scale and market presence in the Southeast, while emphasizing the importance of consistent loan and deposit growth and clean credit. Several other firms, including Piper Sandler and Raymond James, have also reacted to the merger with upgrades or new coverage for the combined entity.
Pinnacle Financial Partners Announces Board and Executive Changes
Pinnacle Financial Partners Inc. announced significant board and executive team changes effective January 1, 2026, following a merger. Key appointments include M. Terry Turner, Robert A. McCabe, Jr., and others to the board of the combined company. These changes affect several individuals, transitioning from roles at Pinnacle and Synovus to positions within the new entity's board.
Pinnacle and Synovus Complete Merger to Become Regional Bank Growth Champion
Pinnacle Financial Partners, Inc. and Synovus Financial Corp. have officially completed their merger, forming a combined bank holding company operating under the name Pinnacle Financial Partners, Inc., with an estimated pro forma combined $117.2 billion in assets. The merged entity will operate initially under both Pinnacle and Synovus brands, consolidating under the Pinnacle brand in early 2027, and aiming to become a leading regional bank focused on accelerated growth through proven hiring and client service models. This strategic combination positions the firm to be a significant player in the Southeast and Atlantic coast banking landscape, with its headquarters in Atlanta, Georgia, and the bank headquarters in Nashville, Tennessee.
Pinnacle Financial Partners, Inc. $PNFP Shares Sold by Fenimore Asset Management Inc
Fenimore Asset Management Inc reduced its stake in Pinnacle Financial Partners (NASDAQ:PNFP) by 12.0% in the third quarter, selling 129,223 shares. Despite this, insider activity shows Director G. Kennedy Thompson purchasing 5,000 shares, while Chairman Robert A. McCabe Jr. sold 6,775 shares. Analyst sentiment remains mildly positive with a consensus "Moderate Buy" rating and an average price target of $111.38.
Cwm LLC Boosts Stock Position in Pinnacle Financial Partners, Inc. $PNFP
Cwm LLC significantly increased its stake in Pinnacle Financial Partners (NASDAQ:PNFP) by 1,244.3% in Q3, acquiring an additional 86,376 shares to reach a total of 93,318 shares valued at approximately $8.75 million. Insider activity included Director G. Kennedy Thompson purchasing 5,000 shares, while Chairman Robert A. McCabe Jr. sold 6,775 shares. Pinnacle Financial Partners reported strong Q3 earnings, beating EPS estimates, and several analysts have raised their price targets, resulting in a "Moderate Buy" consensus rating.
Pinnacle Financial Partners, Inc. $PNFP Shares Bought by Voya Investment Management LLC
Voya Investment Management LLC significantly increased its stake in Pinnacle Financial Partners (NASDAQ:PNFP) by 146.1% in the third quarter, bringing its total holdings to 25,183 shares valued at $2.36 million. The article details analyst ratings, which are largely positive despite some target price cuts, and outlines recent insider trading activity. Additionally, it highlights the company's strong financial performance, beating quarterly EPS estimates, and its announced quarterly dividend.
Does Pinnacle Financial Partners’ Recent Rally Leave More Room for Long Term Upside?
Pinnacle Financial Partners (PNFP) has seen recent stock gains, but remains down year-to-date. Analysis from Simply Wall St suggests the regional bank is undervalued, with an intrinsic value of about $149.58 per share, indicating a 32.3% undervaluation compared to its current price near $101. The valuation is supported by excess returns analysis and a comparison of its P/E ratio against its fair ratio, accounting for growth outlook and risk profile.
Independence Bank of Kentucky Purchases 11,220 Shares of Pinnacle Financial Partners, Inc. $PNFP
Independence Bank of Kentucky significantly increased its stake in Pinnacle Financial Partners (NASDAQ:PNFP) by 158.7% in Q3, now holding 18,290 shares worth approximately $1.715 million. This move is part of broader institutional interest, with other large investors also adjusting their positions, bringing institutional ownership to about 87.4%. Pinnacle Financial Partners recently exceeded Q3 earnings expectations and holds a consensus "Moderate Buy" rating from analysts with a target price of $111.38.
Pinnacle Financial Partners Announces Dates for Fourth Quarter 2025 Earnings Release and Conference Call
Pinnacle Financial Partners announced that after its merger with Synovus in January 2026, the combined firm will release fourth-quarter 2025 financial results for both companies on January 21, 2026. A live webcast will follow on January 22, 2026, at 8:30 a.m. ET to discuss the results and business outlook. The earnings release will be available on Pinnacle's investor relations page.
Westwood Holdings Group Inc. Buys Shares of 189,586 Pinnacle Financial Partners, Inc. $PNFP
Westwood Holdings Group Inc. has acquired 189,586 shares of Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) in Q2, valued at approximately $20.93 million, representing a 0.24% stake. Pinnacle Financial Partners recently surpassed earnings expectations with $2.27 EPS and $544.8 million in revenue, while maintaining a "Moderate Buy" analyst rating. The company also declared a quarterly dividend of $0.24 per share, paid on November 28th.
The Manufacturers Life Insurance Company Grows Position in Pinnacle Financial Partners, Inc. $PNFP
The Manufacturers Life Insurance Company increased its stake in Pinnacle Financial Partners (PNFP) by 3.3%, bringing its total holdings to over 1 million shares valued at approximately $111.56 million. Institutional investors now own about 87.4% of the stock. Pinnacle Financial Partners recently reported strong earnings, beating analyst estimates, and announced a quarterly dividend.
