Prudential Financial, Inc., a financial wellness leader and premier active global investment manager with more than $1.5 trillion in assets under management as of June 30, 2020, has operations in the United States, Asia, Europe, and Latin America. Prudential's diverse and talented employees help to make lives better by creating financial opportunity for more people. Prudential's iconic Rock symbol has stood for strength, stability, expertise and innovation for more than a century.
Company profile
Ticker
PRU, PFH
Exchange
Website
CEO
Charles Lowrey
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
210-220 E. 22nd Street SSGA Owner, LLC • Adlerwerke CB Investment LLC • Administradora de Fondos de Pensiones Habitat, S.A. • AREF Cayman Co Ltd. • AREF GP II Pte. Ltd. • AREF GP Ltd. • Asia Property Fund III GP S.a.r.l. • ASPF II - Feeder Fund GmbH • ASPF II - Verwaltungs - GmbH & Co. KG • ASPF II Management GmbH ...
IRS number
223703799
PRU stock data
News
Ayr Wellness Gets Cannabis Dispensary License To Sell In Boston's Affluent Back Bay Neighborhood
12 May 22
Wells Fargo Maintains Equal-Weight on Prudential Financial, Lowers Price Target to $113
5 May 22
4 Analysts Have This to Say About Prudential Financial
4 May 22
Morgan Stanley Maintains Equal-Weight on Prudential Financial, Lowers Price Target to $120
4 May 22
Prudential Financial Q1 EPS $3.17 Beats $2.70 Estimate
3 May 22
Press releases
PGIM calls cryptocurrency 'portfolio kryptonite' but sees opportunities in broader ecosystem
18 May 22
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Prudential Financial, Inc. - PRU
15 May 22
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Prudential Financial, Inc. - PRU
11 May 22
Prudential Financial Declares Quarterly Dividend on Common Stock
10 May 22
Prudential Financial, Inc. Announces First Quarter 2022 Results
3 May 22
Analyst ratings and price targets
Current price
Average target
$119.75
Low target
$113.00
High target
$125.00
Wells Fargo
Maintains
$113.00
Morgan Stanley
Maintains
$120.00
Piper Sandler
Maintains
$125.00
Credit Suisse
Downgraded
$121.00
Investment data
| Top 50 of 2625 long holdings End of quarter 31 Mar 22 |
Value |
#Shares |
|---|---|---|
| $3.91B | 22.38M | |
| $3.49B | 11.31M | |
| $1.99B | 609.73K | |
| $1.4B | 1.3M | |
| $1.29B | 462.71K | |
| $1.19B | 427.71K | |
| $1.17B | 2.59M | |
| $960.29M | 11.04M | |
| $893.31M | 7.39M | |
| $883.75M | 3.24M | |
| $879.87M | 2.49M | |
| $768.65M | 1.7M | |
| $767.29M | 1.5M | |
| $740.15M | 3.33M | |
| $725.12M | 4.09M | |
| $628.37M | 2.83M | |
| $606.81M | 7.35M | |
| $554.84M | 3.63M | |
| $548.13M | 4.02M | |
| $503.05M | 9.72M | |
| $470.7M | 747.53K | |
| $469.79M | 2.89M | |
| $466.7M | 1.31M | |
| $459.58M | 2.83M | |
| $456.02M | 2.82M | |
| $423.74M | 4.11M | |
| $423.02M | 3.08M | |
| $411.75M | 3.84M | |
| $411.52M | 6.64M | |
| $399.64M | 1.34M | |
| $399.49M | 3.38M | |
| $399.4M | 9.69M | |
| $398.15M | 691.41K | |
| $389.7M | 4.75M | |
| $386.37M | 7.97M | |
| $376.32M | 3.47M | |
| $371.4M | 2.22M | |
| $369.49M | 810.95K | |
| $367.36M | 1.09M | |
| $361.56M | 7.1M | |
| $359.48M | 608.62K | |
| $356.98M | 2.34M | |
| $342.09M | 1.19M | |
| $324.03M | 1.31M | |
| $322.15M | 1.1M | |
| $313.04M | 6.69M | |
| $308.82M | 6.23M | |
| $284.2M | 758.7K | |
| $280.98M | 5.04M | |
| $280.36M | 1.88M |
Holdings list only includes long positions.
Only includes long positions.
Calendar
5 May 22
20 May 22
31 Dec 22
Financial summary
| Quarter (USD) | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 14.14B | 14.14B | 14.14B | 14.14B | 14.14B | 14.14B |
| Cash burn (monthly) | (no burn) | 167.92M | 37.67M | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | n/a | 278.34M | 62.44M | n/a | n/a | n/a |
| Cash remaining | n/a | 13.86B | 14.07B | n/a | n/a | n/a |
| Runway (months of cash) | n/a | 82.5 | 373.6 | n/a | n/a | n/a |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 10 May 22 | Scovanner Douglas A | RSU Common Stock | Grant | Acquire A | No | No | 0 | 1,438 | 0 | 1,438 |
| 10 May 22 | Baltimore Thomas J Jr | RSU Common Stock | Grant | Acquire A | No | No | 0 | 1,438 | 0 | 1,438 |
| 10 May 22 | Casellas Gilbert F | Common Stock | Sale back to company | Dispose D | No | No | 104.25 | 1,494 | 155.75K | 500 |
| 10 May 22 | Casellas Gilbert F | Common Stock | Option exercise | Acquire M | No | No | 0 | 1,494 | 0 | 1,994 |
| 10 May 22 | Casellas Gilbert F | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 1,494 | 0 | 0 |
| 10 May 22 | Casellas Gilbert F | RSU Common Stock | Grant | Acquire A | No | No | 0 | 1,438 | 0 | 1,438 |
| 10 May 22 | Hundmejean Martina | RSU Common Stock | Grant | Acquire A | No | No | 0 | 1,438 | 0 | 1,438 |
| 10 May 22 | Jones Wendy Elizabeth | RSU Common Stock | Grant | Acquire A | No | No | 0 | 1,438 | 0 | 1,438 |
Institutional ownership, Q1 2022
57.7% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 1158 |
| Opened positions | 121 |
| Closed positions | 138 |
| Increased positions | 490 |
| Reduced positions | 342 |
| 13F shares | Current |
|---|---|
| Total value | 33.86B |
| Total shares | 216.38M |
| Total puts | 3.42M |
| Total calls | 2.92M |
| Total put/call ratio | 1.2 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 32.18M | $3.8B |
| Vanguard | 31.12M | $3.68B |
| STT State Street | 18.78M | $2.22B |
| Geode Capital Management | 7.41M | $873.68M |
| Charles Schwab Investment Management | 6.35M | $750.84M |
| NTRS Northern Trust | 4.48M | $528.81M |
| MS Morgan Stanley | 4.42M | $522.75M |
| BK Bank Of New York Mellon | 3.3M | $390.21M |
| IVZ Invesco | 3.25M | $383.75M |
| LGEN Legal & General | 3.08M | $363.81M |
Financial report summary
?Management Discussion
- The $2,859 decrease in “Net income (loss) attributable to Prudential Financial, Inc.” for the first quarter of 2022 compared to the first quarter of 2021 reflected the following notable items on a pre-tax basis:
- •$310 million unfavorable variance driven by market experience updates primarily within our Individual Annuities and Individual Life businesses.
- Partially offsetting these decreases in “Net income (loss) attributable to Prudential Financial, Inc.” was a $705 million favorable variance from income taxes reflecting the decrease in pre-tax earnings.
Content analysis
?| Positive | ||
| Negative | ||
| Uncertain | ||
| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
H.S. sophomore Avg
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New words:
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Removed:
achieved, adult, affirm, agree, Aid, alleging, asserting, bringing, civil, close, compensatory, complaint, compression, conspiracy, contingently, cooperating, Corrupt, count, created, Davidson, declined, defer, defraud, Derivatively, District, Donel, dose, Doyle, emergency, entitled, euro, evolve, expire, extension, False, Florida, forbearance, half, ICEA, Inclusion, indefinite, investigative, KB, Korea, Korean, lag, Lalor, LION, Lowrey, merger, MetLife, moderate, modify, pivot, plaintiff, POK, pound, Proposed, putative, quotient, Racketeering, receiving, recovered, referral, refrain, release, replacement, requiring, restatement, restructuring, Robert, rollout, scale, Southern, Stone, Subpart, subpoena, suspension, temporary, tightening, transmission, treble, unemployment, unhedged, unscheduled, unspecified, vaccine, violated, violation, whichever, won
Financial reports
Current reports
8-K
Submission of Matters to a Vote of Security Holders
10 May 22
8-K
Prudential Financial, Inc. Announces First Quarter 2022 Results
3 May 22
8-K
Regulation FD Disclosure
18 Apr 22
8-K
Prudential Financial completes sale to Empower
4 Apr 22
8-K
Prudential Financial Completes Sale to Fortitude Re
1 Apr 22
8-K
Other Events
28 Feb 22
8-K
Departure of Directors or Certain Officers
8 Feb 22
8-K
Prudential Financial, Inc. Announces
3 Feb 22
8-K
Regulation FD Disclosure
18 Jan 22
8-K
Other Events
9 Nov 21
Registration and prospectus
424B2
Prospectus for primary offering
25 Feb 22
FWP
Free writing prospectus
23 Feb 22
424B2
Prospectus for primary offering
23 Feb 22
S-8 POS
Registration of securities for employees (post-effective amendment)
10 Sep 21
S-8 POS
Registration of securities for employees (post-effective amendment)
10 Sep 21
S-8 POS
Registration of securities for employees (post-effective amendment)
10 Sep 21
S-8 POS
Registration of securities for employees (post-effective amendment)
31 Aug 21
S-8 POS
Registration of securities for employees (post-effective amendment)
31 Aug 21
S-8
Registration of securities for employees
31 Aug 21
424B2
Prospectus for primary offering
1 Mar 21
Other
CERT
Certification of approval for exchange listing
27 Aug 20
CERT
Certification of approval for exchange listing
19 Aug 18
EFFECT
Notice of effectiveness
4 Apr 18
CORRESP
Correspondence with SEC
2 Apr 18
CORRESP
Correspondence with SEC
2 Apr 18
NO ACT
No action letter
27 Dec 15
UPLOAD
Letter from SEC
13 May 15
CORRESP
Correspondence with SEC
20 Apr 15
UPLOAD
Letter from SEC
6 Apr 15
UPLOAD
Letter from SEC
23 Jun 13
Ownership
13F-HR
Quarterly holdings report by institutional manager
13 May 22
4
PRUDENTIAL FINANCIAL / MICHAEL TODMAN ownership change
12 May 22
4
PRUDENTIAL FINANCIAL / CHRISTINE A POON ownership change
12 May 22
4
PRUDENTIAL FINANCIAL / Sandra Pianalto ownership change
12 May 22
4
PRUDENTIAL FINANCIAL / George Paz ownership change
12 May 22
4
PRUDENTIAL FINANCIAL / Peter R Lighte ownership change
12 May 22
4
PRUDENTIAL FINANCIAL / Wendy Elizabeth Jones ownership change
12 May 22
4
PRUDENTIAL FINANCIAL / MARTINA HUNDMEJEAN ownership change
12 May 22
4
PRUDENTIAL FINANCIAL / GILBERT F CASELLAS ownership change
12 May 22
4
PRUDENTIAL FINANCIAL / Thomas J Baltimore Jr ownership change
12 May 22
Transcripts
2022 Q1
Earnings call transcript
4 May 22
2021 Q4
Earnings call transcript
4 Feb 22
2021 Q3
Earnings call transcript
3 Nov 21
2021 Q2
Earnings call transcript
4 Aug 21
2021 Q1
Earnings call transcript
5 May 21
2020 Q4
Earnings call transcript
5 Feb 21
2020 Q3
Earnings call transcript
4 Nov 20
2020 Q2
Earnings call transcript
5 Aug 20
2020 Q1
Earnings call transcript
6 May 20
2019 Q4
Earnings call transcript
5 Feb 20
Reddit threads
Daily Discussion Thread - May 20th, 2022
20 May 22
Defensive Dividends in a Bearish Market?
15 May 22
Best dividend stocks and how much money do I need?
13 May 22
"Be greedy when others are fearful"
12 May 22
Portfolio With Monthly Dividend Payments?
10 May 22
is it a good time to have shares anyway ?
10 May 22
Is a 5% yield realistic and safe
6 May 22
Remember: it will all be fine. Don't panic, just keep paddling the waters.
5 May 22
Are you guys continuing to buy or holding onto your cash?
3 May 22
Daily Discussion Thread - May 3rd, 2022
3 May 22