Truist Financial Corporation (NYSE:TFC) At $39.63: What To Do?

In last trading session, Truist Financial Corporation (NYSE:TFC) saw 8.55 million shares changing hands with its beta currently measuring 0.81. Company’s recent per share price level of $39.63 trading at $0.12 or 0.30% at ring of the bell on the day assigns it a market valuation of $51.90B. That closing price of TFC’s stock is at a discount of -23.8% from its 52-week high price of $49.06 and is indicating a premium of 15.32% from its 52-week low price of $33.56.

For Truist Financial Corporation (TFC), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.29. Splitting up the data highlights that, out of 12 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 8 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.

Truist Financial Corporation (NYSE:TFC) trade information

Upright in the green during last session for gaining 0.30%, in the last five days TFC remained trading in the green while hitting it’s week-highest on Wednesday, 06/04/25 when the stock touched $39.63 price level, adding 0.85% to its value on the day. Truist Financial Corporation’s shares saw a change of -8.64% in year-to-date performance and have moved 0.08% in past 5-day. Truist Financial Corporation (NYSE:TFC) showed a performance of 1.69% in past 30-days.

Wall Street analysts have assigned a consensus price target of 47.5 to the stock, which implies a rise of 16.57% to its current value. Analysts have been projecting 43 as a low price target for the stock while placing it at a high target of 52. It follows that stock’s current price would drop -8.5% in reaching the projected high whereas dropping to the targeted low would mean a loss of -8.5% for stock’s current value.

Truist Financial Corporation (NYSE:TFC)’s Major holders

VANGUARD GROUP INC is the top institutional holder at TFC for having 117.75 million shares of worth $4.57 billion. And as of 2024-06-30, it was holding 8.7997 of the company’s outstanding shares.

The second largest institutional holder is BLACKROCK INC., which was holding about 99.01 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.3991 of outstanding shares, having a total worth of $3.85 billion.

On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund are the top two Mutual Funds which own company’s shares. As of Mar 31, 2025, the former fund manager was holding 41.19 shares of worth $1.63 billion or 3.15% of the total outstanding shares. The later fund manager was in possession of 36.56 shares on Mar 31, 2025, making its stake of worth around $1.45 billion in the company or a holder of 2.79% of company’s stock.

Marketing Sentinel
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.