for 140 years, prudential financial (nyse:pru) has helped people grow and protect their wealth. we offer individual and institutional clients a wide array of financial products and services. today, we are one of the world’s largest financial services institutions. we have over $1 trillion of assets under management as of september 30, 2015, and approximately $3.5 trillion of gross life insurance in force worldwide as of december 31, 2014. we have operations in the united states, asia, europe and latin america. we also have one of the most recognized and trusted brand symbols: the rock® , an icon of strength, stability, expertise and innovation. we measure our long-term success on our ability to deliver value for shareholders, meet customer needs, attract and develop the best talent in our industry, offer an inclusive work environment where employees can develop to their full potential, and give back to the communities where we live and work.
Company profile
Ticker
PRS, PRU, PRH
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 Americana de Inversiones S.A. • Administradora de Fondos de Pensiones Habitat, S.A. • Alexander Forbes Group Holdings Limited • Amber Five (GP) Limited • AREF Cayman Co Ltd. • AREF GP II Pte. Ltd. • AREF GP Ltd. • Art 10 (GP) Limited ...
IRS number
223703799
PRS stock data
Analyst ratings and price targets
Latest filings (excl ownership)
424B2
Prospectus for primary offering
21 Aug 24
424B2
Prospectus for primary offering
19 Aug 24
424B2
Prospectus for primary offering
12 Aug 24
8-K
Other Events
5 Aug 24
424B2
Prospectus for primary offering
5 Aug 24
10-Q
2024 Q2
Quarterly report
2 Aug 24
8-K
Prudential Financial, Inc. Announces Second Quarter 2024 Results
1 Aug 24
8-K
Regulation FD Disclosure
17 Jul 24
8-K
Entry into a Material Definitive Agreement
15 Jul 24
8-K
Prudential Financial elects Carmine Di Sibio to Board of Directors
1 Jul 24
Transcripts
PRS
Earnings call transcript
2024 Q2
2 Aug 24
PRS
Earnings call transcript
2024 Q1
1 May 24
PRS
Earnings call transcript
2023 Q4
7 Feb 24
PRS
Earnings call transcript
2023 Q3
2 Nov 23
PRS
Earnings call transcript
2023 Q1
13 Sep 23
PRS
Earnings call transcript
2023 Q2
2 Aug 23
PRS
Earnings call transcript
2023 Q2
2 Aug 23
PRS
Earnings call transcript
2023 Q1
3 May 23
PRS
Earnings call transcript
2022 Q4
8 Feb 23
PRS
Earnings call transcript
2022 Q3
2 Nov 22
Latest ownership filings
4
ANN M KAPPLER
22 Aug 24
144
Notice of proposed sale of securities
21 Aug 24
13F-HR
Quarterly holdings report by institutional manager
13 Aug 24
4
PGIM Credit Income Fund
5 Aug 24
4
Sibio Carmine Di
2 Jul 24
3
Sibio Carmine Di
2 Jul 24
4
PGIM Private Real Estate Fund, Inc.
24 Jun 24
11-K
Annual report of employee stock purchases
21 Jun 24
4
ANDREW F SULLIVAN
17 Jun 24
4
Robert Axel
17 Jun 24
Financial summary
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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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) | 17.13 bn | 17.13 bn | 17.13 bn | 17.13 bn | 17.13 bn | 17.13 bn |
Cash burn (monthly) | 541.67 mm | 28.50 mm | (no burn) | (no burn) | 48.67 mm | (no burn) |
Cash used (since last report) | 958.32 mm | 50.42 mm | n/a | n/a | 86.10 mm | n/a |
Cash remaining | 16.17 bn | 17.08 bn | n/a | n/a | 17.04 bn | n/a |
Runway (months of cash) | 29.9 | 599.3 | n/a | n/a | 350.2 | n/a |
Institutional ownership, Q2 2024
12.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1276 |
Opened positions | 145 |
Closed positions | 100 |
Increased positions | 458 |
Reduced positions | 448 |
13F shares | Current |
---|---|
Total value | 22.76 tn |
Total shares | 205.61 mm |
Total puts | 4.44 mm |
Total calls | 3.70 mm |
Total put/call ratio | 1.2 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 41.64 mm | $4.88 tn |
BLK BlackRock | 31.40 mm | $3.68 tn |
STT State Street | 16.96 mm | $1.99 tn |
Geode Capital Management | 8.32 mm | $972.59 bn |
MS Morgan Stanley | 6.32 mm | $741.15 bn |
Dimensional Fund Advisors | 4.21 mm | $492.96 bn |
NTRS Northern Trust | 3.93 mm | $460.31 bn |
LGEN Legal & General | 3.54 mm | $415.13 bn |
IVZ Invesco | 3.49 mm | $408.66 bn |
Ubs Global Asset Management Americas | 3.01 mm | $352.80 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
21 Aug 24 | Ann M Kappler | Common Stock | Sell | Dispose S | No | No | 113.43 | 2,839 | 322.03 k | 14,535 |
1 Aug 24 | PGIM Strategic Investments | Class Z common shares of beneficial interest, par val $0.001 | Other | Dispose J | Yes | No | 0 | 4,179,820.55 | 0.00 | 0 |
1 Jul 24 | Sibio Carmine Di | RSU Common Stock | Grant | Acquire A | No | No | 117.53 | 1,276 | 149.97 k | 1,276 |
20 Jun 24 | Prudential Insurance Co Of America | Class I Common Stock, par value $0.001 per share | Buy | Acquire P | Yes | No | 27.57 | 652,883.569 | 18.00 mm | 3,883,390.471 |
News
Keefe, Bruyette & Woods Maintains Market Perform on Prudential Financial, Maintains $121 Price Target
21 Aug 24
Morgan Stanley Maintains Equal-Weight on Prudential Financial, Lowers Price Target to $122
19 Aug 24
UBS Maintains Neutral on Prudential Financial, Raises Price Target to $119
13 Aug 24
7 Analysts Have This To Say About Prudential Financial
12 Aug 24
Wells Fargo Upgrades Prudential Financial to Equal-Weight, Announces $113 Price Target
12 Aug 24
Press releases
The Right Resources at the Right Time: Introducing Prudential's Enhanced Employee Well-Being Solutions at the Core of Prudential's Group Life, Disability and Supplemental Health Offering
21 Aug 24
Prudential Financial to Reinsure $11B Guaranteed Universal Life Block with Wilton Re
20 Aug 24
Prudential Financial launches Momentum IUL, a new life insurance product with power to adapt to life's changes
19 Aug 24
Prudential Financial, Inc. to Participate in 2024 KBW Insurance Conference; Live Webcast Available
15 Aug 24
J.P. Morgan Asset Management Announces SmartRetirement Lifetime Income℠
15 Aug 24