Prudential Financial Unit PGIM Strikes Deal to Buy up to $3 Billion of GreenSky Home Improvement Loans
PGIM, the asset management arm of Prudential Financial, has announced a deal to acquire up to $3 billion in home improvement loans from GreenSky, a unit of Goldman Sachs. This strategic move aims to expand PGIM's credit capabilities and provide capital for GreenSky's lending platform. The transaction is expected to close in the fourth quarter of 2026 and highlights the increasing interest in the home improvement financing sector.
Prudential Financial Inc. stock outperforms competitors despite losses on the day
Prudential Financial Inc. (PRU) shares fell 1.33% to $120.59 on Thursday, marking its fourth consecutive day of losses. Despite this decline, the stock outperformed the broader market, which also experienced a dismal trading session with the S&P 500 Index and Dow Jones Industrial Average both falling.
Prudential's PGIM enters $3B forward-flow pact with GreenSky (PRU:NYSE)
PGIM, Prudential Financial's asset management arm, has agreed to a three-year forward-flow facility with GreenSky for consumer home improvement assets. This deal is projected to involve a total purchase volume of $3 billion. The agreement aims to provide significant funding to GreenSky.
Tieton Capital Management LLC Acquires Shares of 3,165,444 DHI Group, Inc. $DHX
Tieton Capital Management LLC has acquired a new stake of 3,165,444 shares in DHI Group, Inc. (NYSE:DHX) during the second quarter, valued at approximately $11.7 million, making it their 12th largest holding. This acquisition gives Tieton Capital a 7.33% stake in DHI Group, which is also owned by other institutional investors and hedge funds. DHI Group has a "Moderate Buy" consensus rating from analysts, an average price target of $6.75, and recently exceeded earnings and revenue expectations.
Standard Life launches $2.7 billion UK pension venture with CVC, Prudential-led group
Standard Life has announced a new pension risk transfer (PRT) partnership valued at up to £2 billion ($2.72 billion) with a consortium led by CVC and Prudential Financial. This venture, named Standard Life PRT Solutions, aims to target large UK pension schemes, combining long-term capital with private market investment capabilities to meet the growing demand for pension de-risking. Standard Life will maintain operational control, focusing on helping corporate sponsors offload defined-benefit pension obligations to insurers.
8th Health Insurer: Prudential Health India commences operations
Prudential HCL Health Insurance (Prudential Health India), a joint venture between Prudential plc and HCL Group, has officially launched its operations in India as the eighth standalone health insurer. The company aims to leverage Prudential's insurance expertise and HCL Group's technology and healthcare knowledge to offer accessible and innovative health insurance solutions. With a focus on customer experience through an omnichannel model, Prudential Health India enters a growing market, committing to support the Indian government's "Insurance for All by 2047" vision.
OCTPETF數據：股利、報酬率(BOATS:OCTP)
This article provides key data for the PGIM S&P 500 Buffer 12 ETF - October (OCTP), including its AUM, expense ratio, and issuer information. It clarifies that OCTP does not pay dividends and details its investment strategy as an actively managed open-end fund focused on alternative assets with a call option strategy. The ETF was established on May 16, 2024, by Prudential Financial, Inc.
ChartWatch ASX Scans: CSL, Life360, Iperionx, Temple & Webster, Perseus Mining, Fletcher Building, Weebit Nano
This article provides daily ChartWatch ASX Scans, identifying the most actionable uptrends and downtrends on the ASX based on technical analysis. It lists companies showing strong uptrends, such as CSL and Perseus Mining, and strong downtrends, including Life360 and Temple & Webster, offering insights for investors following trend-based strategies. The author emphasizes that the lists are curated and for educational purposes, advising readers to conduct their own research.
Prudential stock holds under 1,023 GBX after CCI nod
Prudential's stock remains stable at 1,023 GBX after the Competition Commission of India (CCI) approved its acquisition of a 75% stake in Bharti Life Insurance. This deal, valued at Rs 3,500 crore (USD 389 million), reinforces Prudential's capital deployment in Asia. Despite the year-to-date decline of 9.61% for the stock, analysts maintain a "Buy" consensus rating with a price target of 1,423.75 GBX, signaling a potential upside for investors.
Prudential Financial Inc. stock underperforms Wednesday when compared to competitors
Shares of Prudential Financial Inc. (PRU) declined by 1.86% on Wednesday, closing at $122.22. This underperformance occurred despite a generally positive trading day for the broader market, with both the S&P 500 and Dow Jones Industrial Average posting gains. This marks the third consecutive day of losses for the company's stock.
THE AGE OF SCROLLING SPENDERS: TORN BETWEEN SPENDING TODAY AND SAVING FOR TOMORROW
A new survey by Prudential Financial reveals "scrolling spenders" are highly influenced by social media, leading to impulse purchases that can divert funds from long-term savings. While these individuals are confident about their financial future and engaged with their finances, they struggle to balance immediate gratification with saving for retirement. The survey highlights an opportunity for financial advisors to guide these younger consumers, who show motivation to reduce nonessential spending for greater financial security, in developing detailed financial plans.
Prudential Hong Kong expands offices amid Beijing’s intensified wealth oversight
Prudential Hong Kong is significantly expanding its office footprint in Hong Kong by leasing additional headquarters space at Swire Properties' One Taikoo Place and One Island East. This move, increasing their floor area by a "double-digit percentage," reflects the company's confidence in Hong Kong's future as a leading financial and insurance hub, despite concerns in the insurance sector over China's tax policies. The expansion is aimed at fostering collaboration, driving innovation, and preparing for future growth.
DHT Holdings, Inc. $DHT Shares Purchased by Bank of America Corp DE
Bank of America Corp DE significantly increased its stake in DHT Holdings, Inc. (NYSE:DHT) during the first quarter, purchasing an additional 744,130 shares to reach a total of 1.19 million shares valued at $21.7 million. This comes as DHT Holdings reported strong quarterly results, with EPS of $1.22 exceeding estimates and revenue soaring by 174.8% year-over-year to $254.96 million. Analysts have given DHT a "Moderate Buy" rating with an average price target of $19.33, and the company recently raised its quarterly dividend to $1.22 per share.
Prudential gets CCI nod to acquire 75% stake in Bharti Life Insurance
The Competition Commission of India (CCI) has approved Prudential Corporation Holdings Ltd's proposal to acquire a 75% stake in Bharti Life Insurance Company Ltd for Rs 3,500 crore. This acquisition will expand Prudential's Indian operations to include a majority stake in Bharti Life Insurance and Prudential HCL Health Insurance, in addition to existing minority stakes in ICICI Prudential Asset Management and ICICI Prudential Life Insurance. The deal was initially announced in May and involves an initial cash consideration of approximately USD 389 million.
Prudential Financial EVP, General Counsel Sold Shares Worth Over $956K
Ann M Kappler, EVP and General Counsel of Prudential Financial (PRU), sold 7,652 shares of common stock for a total of $956,576 at a weighted average price of $125.01 per share. Following the transaction, Kappler directly owns 14,407 shares and indirectly owns 909 shares through a 401(k) account. The sale involved multiple transactions at prices ranging from $125.00 to $125.10.
Prudential Financial (PFH) EVP and counsel sells shares near $125
Ann M. Kappler, EVP and General Counsel of Prudential Financial (PFH), sold 7,652 shares of common stock on August 14, 2026, at a weighted average price of approximately $125.01 per share. Following the sale, Kappler holds 14,407 direct shares and 909 indirect shares via a 401(k), along with vested stock options, restricted stock units, and target performance shares. The transaction was reported in a Form 4 filing, which also noted an adjustment to her 401(k) balance.
Prudential Financial Inc preferred stock hits 52-week low at 15.16 USD
Prudential Financial Inc.'s preferred stock has fallen to a new 52-week low of $15.16, marking a 9.4% decline over the past year and nearly 11% in the last six months. This downturn reflects challenges in the financial sector, though the company maintains a "GOOD" financial health score according to InvestingPro. Despite these stock struggles, Prudential reported a 14% increase in second-quarter adjusted operating income and is undergoing a restructuring plan to simplify business and reallocate capital.
Prudential Financial Inc preferred stock hits 52-week low at 15.16 USD
Prudential Financial Inc.'s preferred stock has dropped to a new 52-week low of 15.16 USD, marking a 9.4% decline over the past year and nearly 11% in the last six months. This downturn reflects broader challenges in the financial sector, despite the company maintaining a "GOOD" financial health score according to InvestingPro. In contrast, Prudential Financial recently reported a 14% increase in Q2 adjusted operating income, driven by various segments, and is implementing a restructuring plan to adapt to market conditions.
Prudential Financial Inc preferred stock hits 52-week low at 15.16 USD
Prudential Financial Inc.'s preferred stock has dropped to a new 52-week low of $15.16, marking a 9.4% decline over the past year. This downturn reflects ongoing challenges in the financial sector, despite the company reporting a 14% increase in Q2 adjusted operating income and maintaining a "GOOD" financial health score according to InvestingPro. Prudential Financial is implementing a restructuring plan to simplify its business, reduce costs, and reallocate capital.
Prudential Financial Inc preferred stock hits 52-week low at 15.16 USD
Prudential Financial Inc's preferred stock has dropped to a new 52-week low of 15.16 USD, reflecting a 9.4% decline over the past year and nearly 11% in the last six months. This downturn is attributed to ongoing challenges in the financial sector, despite the company reporting a 14% increase in second-quarter adjusted operating income. Prudential is also implementing a restructuring plan to simplify its business and reallocate capital.
Prudential gets CCI nod to acquire 75% stake in Bharti Life Insurance
India's fair trade regulator, the Competition Commission of India (CCI), has approved Prudential Corporation Holdings' proposal to acquire a 75% stake in Bharti Life Insurance Company Ltd for Rs 3,500 crore. Prudential Corporation Holdings, an arm of UK-based financial giant Prudential plc, will acquire the stake from Bharti Life Ventures Pvt Ltd and 360 ONE Asset Management. This acquisition will necessitate Prudential to reduce its existing holding in its life insurance venture with ICICI Bank to meet regulatory requirements.
Prudential stock edges higher as US-listed shares trade above $28
Prudential plc's US-listed shares saw a daily gain of 1.24% to close at $28.23 on August 17, 2026, indicating stabilizing sentiment for the insurer's international business. This contrasts with its London-listed shares, which have experienced an 8.6% decline year-to-date. The article highlights Prudential's diversified business model in life insurance and asset management across various markets, noting its robust operational scale and profitability in comparison to sector peers.
Deals & Recruiting Roundup: Carlyle, Hightower, Raymond James And More
This article summarizes recent deals and recruiting activities in the wealth management sector. Key highlights include Carlyle's $600 million investment in Prime Capital, multiple acquisitions by Merit and Hightower, and significant advisor recruitment by firms like IFP, Raymond James, Cetera, LPL, and Prudential. Additionally, SEIA launched new tax services and expanded its family office capabilities, and there were notable appointments at CogniCor and Fiduciary Trust.
Pzena Investment Management LLC Takes $941.79 Million Position in MetLife, Inc. $MET
Pzena Investment Management LLC has acquired a new stake of 11,130,983 shares in MetLife, Inc. (NYSE:MET), valued at approximately $941.79 million, making it their 12th largest holding. Other institutional investors have also adjusted their positions in MetLife. The stock currently holds a "Moderate Buy" rating with a consensus target price of $101.07 from analysts.
Woori to Merge Life Insurers Into $40 Billion Firm
Woori Financial Group announced its plan to merge Tongyang Life Insurance and ABL Life Insurance in the second half of next year, creating a new life insurer with $40 billion in assets. This strategic move aims to strengthen its insurance business, secure capital soundness under new regulations, and focus on future growth engines like elderly care. The group will also invest in AI to enhance sales and management processes and leverage the strengths of both companies.
Higher Treasury Yields Are Reviving US Life Insurer Stocks Like Prudential Financial
Rising long-term Treasury yields are positively impacting US life insurer stocks, making business models more attractive. This article highlights three companies—Unum Group (UNM), Prudential Financial (PRU), and Genworth Financial (GNW)—that stand to benefit from these higher rates due to their investment portfolios and operational structures. While each company has unique strengths and challenges, the overall trend of increased yields presents a new dynamic for investors to consider in the insurance sector.
Prudential Financial stock hits 52-week low at 20.79 USD By Investing.com
Prudential Financial Inc. (PRU) stock has fallen to a 52-week low of 20.79 USD. Over the past year, the company's stock has declined by 14.68%, reflecting broader market challenges and specific pressures within the financial services sector. This downturn highlights the volatility and uncertainties impacting investor sentiment.
Six chief executives, one turnaround: how Amanda Blanc rebuilt Aviva
Amanda Blanc, Group CEO of Aviva, has spearheaded a remarkable turnaround for the insurer, delivering six consecutive years of strong financial performance. Her strategy involved simplifying the company's sprawling portfolio by divesting non-core businesses and then selectively rebuilding with strategic acquisitions like Succession Wealth, Probitas, and Direct Line. This approach has led to significant profit growth, increased dividends, and a substantial rise in Aviva's share price, transforming the company into a leading player in its core markets.
Prudential Introduces Protection IUL, Expanding Its Indexed Universal Life Lineup With More Flexible Options for Today’s Customers
Prudential Financial, Inc. has launched Protection IUL, a new indexed universal life insurance policy designed to offer lifelong death benefits and flexible cash value access. This new offering aims to meet the growing consumer demand for life insurance policies with features like retirement income, customization, and self-directed changes. The product includes a BenefitAccess Rider, allowing access to death benefits in cases of chronic or terminal illness, and cash value growth linked to the S&P 500 and Nasdaq-100 with a 0% floor.
Should Invesco S&P Ultra Dividend Revenue ETF (RDIV) Be on Your Investing Radar?
The Invesco S&P Ultra Dividend Revenue ETF (RDIV) offers broad exposure to the Large Cap Value segment of the US equity market. Launched in 2013, it has over $1.42 billion in assets and an annual expense ratio of 0.39%. The ETF, which has a Zacks ETF Rank of 3 (Hold), has performed well, gaining 24.48% year-to-date and 32.05% over the last year, with its top holdings in the Financials, Energy, and Consumer Staples sectors.
JPMorgan Adjusts Price Target on Prudential Financial to $131 From $129, Keeps Neutral Rating
JPMorgan has raised its price target for Prudential Financial (PRU) to $131 from $129, while maintaining a Neutral rating on the stock. This adjustment comes amidst several other analyst updates for Prudential, which continues to maintain its quarterly dividend of $1.40 per share. The company recently reported its Q2 2026 earnings, showing an increase in adjusted operating income and revenue.
PRUDENTIAL FINANCIAL INC : JP MORGAN RAISES TARGET PRICE TO $131 FROM $129
JP Morgan has increased its target price for Prudential Financial Inc. from $129 to $131. This adjustment reflects an updated outlook on the company's financial prospects as assessed by the investment bank. The information was reported by Reuters.
1ST Source Bank Makes New $3.25 Million Investment in MetLife, Inc. $MET
1ST Source Bank has made a new investment of $3.25 million in MetLife, Inc., acquiring 38,418 shares of the financial services provider's stock. This move comes as other institutional investors have also adjusted their holdings in MetLife, and the company recently announced a quarterly dividend and a share repurchase program. Wall Street analysts maintain a "Moderate Buy" rating for MetLife, with a consensus target price of $101.07.
Higher Treasury Yields Are Reviving US Life Insurer Stocks Like Prudential Financial
Rising long-term Treasury yields are making US life insurer stocks more attractive to investors. The article highlights three companies—Unum Group, Prudential Financial, and Genworth Financial—that are well-positioned to benefit from these higher rates due to their business models and investment portfolios. It suggests that these insurers may offer compelling narratives that are not yet fully priced in by the market.
Higher Treasury Yields Are Reviving US Life Insurer Stocks Like Prudential Financial
Rising long-term Treasury yields are making US life insurer and annuity stocks more attractive to investors. This article highlights three companies—Unum Group, Prudential Financial, and Genworth Financial—whose business models are benefiting from these higher rates. The piece delves into each company's operations, market capitalization, and how they are navigating the current interest rate environment, pointing out both opportunities and challenges.
Orca Investment Management LLC Takes Position in Prudential Financial, Inc. $PRU
Orca Investment Management LLC has acquired a new position in Prudential Financial, Inc. (NYSE:PRU) during the second quarter, purchasing 24,139 shares valued at approximately $2.6 million. This investment makes Prudential Financial the 18th largest holding in Orca's portfolio, representing about 1.9%. The article also details other institutional investor activities, analyst ratings, and Prudential Financial's recent financial performance and dividend announcement.
SFE Investment Counsel Invests $9.75 Million in Prudential Financial, Inc. $PRU
SFE Investment Counsel has acquired a new stake of 90,299 shares, valued at $9.75 million, in Prudential Financial during the second quarter. Despite this, analysts maintain a "Reduce" consensus rating with an average price target below the current stock price, reflecting caution. Prudential Financial, however, exceeded earnings expectations in its latest quarter and announced a quarterly dividend, indicating strong financial performance.
Handelsbanken Fonder AB Has $4.85 Million Position in Prudential Financial, Inc. $PRU
Handelsbanken Fonder AB significantly reduced its stake in Prudential Financial, Inc. (NYSE:PRU) by 51.3% in the second quarter, now holding 44,896 shares valued at $4.85 million. Despite this, other hedge funds and institutional investors have either acquired new positions or increased their holdings in PRU. Insider selling also occurred, with a major shareholder selling over 214,000 shares, while analysts have a mixed outlook on the stock, with a consensus "Reduce" rating and an average target price of $107.62.
Lotte Non-Life Insurance Sale Shifts to Open Auction; Shinhan-KB 'Scale Race' Emerges as Key Variable
The sale of Lotte Non-Life Insurance is expected to move to an open competitive auction after majority shareholder JKL Partners failed to agree on a valuation with Shinhan Financial Group. Korea Investment Holdings, previously a strong contender, has now been selected as the preferred bidder for KDB Life Insurance, making its exit from the Lotte deal highly likely. This shift intensifies the non-banking "scale race" between KB Financial and Shinhan Financial, which is seen as a pivotal factor in the upcoming auction.
PFH (PFH) insider plans potential NYSE stock sale after prior $1.4M trade
Ann M Kappler, an insider at PFH, has filed a Form 144 notice indicating an intent to sell common stock of PFH through Morgan Stanley Smith Barney LLC. This filing also discloses a previous sale of 13,580 shares on May 14, 2026, totaling $1,402,135.00. The potential sale includes shares from performance awards and exercised stock options, and the company's common stock trades on the NYSE.
PRUDENTIAL FINANCIAL INC Establishes New Position in Palvella Th
PRUDENTIAL FINANCIAL INC has acquired 962,374 shares of Palvella Therapeutics Inc (PVLA) for $152.82 per share, establishing a new 0.18% position in its equity portfolio and a 6.70% stake in Palvella's outstanding shares. Palvella Therapeutics is a clinical-stage biopharmaceutical company focused on rare skin diseases, with a current market capitalization of $2.25 billion and significant price appreciation since its IPO despite being unprofitable. This investment reflects a strategic bet by Prudential on a high-risk, high-reward biotech firm, attracting institutional interest despite the company's weak fundamental growth and low GF-Score.
PRUDENTIAL FINANCIAL INC Adds to Acadian Asset Management Inc (A
PRUDENTIAL FINANCIAL INC increased its stake in Acadian Asset Management Inc (AAMI) by 1,571,852 shares at $71.52 per share. Despite AAMI's stock appreciation and significantly overvalued status according to GuruFocus, Prudential made this strategic addition, which now accounts for 0.14% of its portfolio. This move contrasts with other gurus trimming their positions, highlighting differing investment philosophies in the asset management sector.
Prudential Financial Recommends Shareholders Reject Unsolicited Mini-Tender Offer from Potemkin Limited
Prudential Financial has advised its shareholders to reject an unsolicited mini-tender offer from Potemkin Limited, which is attempting to purchase up to 100,000 shares at a price significantly below market value. The company stated it is not associated with Potemkin and highlighted that mini-tender offers avoid many SEC disclosure requirements, posing risks to investors. Prudential urges shareholders to exercise caution, consult advisors, and be aware of their withdrawal rights.
Prudential Financial Inc. stock outperforms competitors on strong trading day
Shares of Prudential Financial Inc. (PRU) rose 1.64% to $124.75 on Thursday, marking its fourth consecutive day of gains. The stock's performance outpaced the broader market, with the S&P 500 Index rising 0.65% and the Dow Jones Industrial Average rising 0.13% on the same trading day.
Prudential CEO Andy Sullivan to Participate in Sept. 9 Chat
Prudential Financial, Inc. (NYSE: PRU) announced that its Chairman and CEO, Andy Sullivan, will participate in an analyst-led fireside chat at the 2026 KBW Insurance Conference on September 9, 2026, at approximately 10:00 a.m. ET. A live audio webcast will be available on the company's investor relations website, with a replay accessible until September 23, 2026. Prudential, a global financial services leader with $1.6 trillion in assets under management, operates across the U.S., Asia, Europe, and Latin America.
Carriage Services (NYSE:CSV) Lowered to "Strong Sell" Rating by Zacks Research
Zacks Research has downgraded Carriage Services (NYSE:CSV) from "hold" to "strong sell," despite the broader analyst consensus remaining at "hold" with an average price target of $52. The downgrade follows Carriage Services missing its latest quarterly earnings expectations, with reported EPS of $0.78 against an expected $0.82 and revenue of $102.95 million versus an anticipated $108.91 million. The company's stock opened at $33.88, near its one-year low, and institutional investors have recently made minor adjustments to their holdings.
PRUDENTIAL FINANCIAL INC 5.950%JUNIOR SUBORD NOTES DUE 2062 USD25 To Go Ex-Dividend On August 14th, 2026 With 0.37188 USD Dividend Per Share
PRUDENTIAL FINANCIAL INC (NYSE:PRU) will go ex-dividend on August 14th, 2026. Shareholders will receive a dividend of 0.37188 USD per share. This is for its 5.950% Junior Subordinated Notes due 2062.
Diversified Management Inc. Decreases Stock Position in OneMain Holdings, Inc. $OMF
Diversified Management Inc. significantly reduced its stake in OneMain Holdings, Inc. by 89.4% in the second quarter, selling 29,218 shares and retaining 3,466 shares. Despite this, other institutional investors have increased their positions. OneMain reported strong Q2 earnings, beating analyst estimates, and declared a quarterly dividend of $1.05, maintaining a "Moderate Buy" consensus rating among analysts.
Dimensional Fund Advisors LP Has $3.54 Million Stock Holdings in 3D Systems Corporation $DDD
Dimensional Fund Advisors LP increased its stake in 3D Systems Corporation by 20.5% in the first quarter, now holding 1.88 million shares valued at $3.54 million. Institutional investors collectively own 64.49% of DDD. Analyst sentiment is mixed, with a consensus "Hold" rating and a $5.50 target price, despite the company beating revenue and EPS expectations in its latest earnings report.
Prudential Financial, Inc. to Participate in 2026 KBW Insurance Conference; Live Webcast Available
Prudential Financial, Inc. (NYSE: PRU) announced its participation in the 2026 KBW Insurance Conference on Wednesday, September 9, 2026. Andy Sullivan, Chairman and CEO, will engage in an analyst-led fireside chat at approximately 10:00 a.m. ET. A live audio webcast will be available on the company's Investor Relations website, with a replay accessible until September 23, 2026.
