Pinnacle Financial Partners, Inc., together with its subsidiaries, operates as the bank holding company for Pinnacle Bank that provides various banking products and services to individuals, businesses, and professional entities in the United States. The company accepts various deposits, including savings, noninterest-bearing and interest-bearing checking, money market, and certificate of deposit accounts; and provides treasury management services, which includes online wire origination, enhanced ACH origination services, positive pay, zero balance and sweep accounts, automated bill pay services, electronic receivables processing, lockbox processing, and merchant card acceptance services. It offers equipment and working capital loans; commercial real estate loans comprising investment properties and business loans; secured and unsecured loans, such as installment and term, lines of credit, and residential first mortgage, as well as home equity loans and home equity lines of credit; and credit cards for consumers and businesses. The company also provides investment products; brokerage and investment advisory programs; and fiduciary and investment services, such as personal trust, investment management, estate administration, endowments, foundations, individual retirement accounts, escrow services, and custody. In addition, it offers insurance agency services primarily in the property and casualty area; merger and acquisition advisory services; and private debt, equity and mezzanine, and other middle-market advisory services. Further, the company provides telephone and online banking, mobile banking, debit and credit cards, direct deposit and remote deposit capture, mobile deposit option, automated teller machine, and cash management services. Pinnacle Financial Partners, Inc. was incorporated in 2000 and is headquartered in Nashville, Tennessee.

Pinnacle Financial Partners, Inc.

Given the change in the regulatory environment (the Trump administration being more open to mergers and acquisitions), deal-making activities have increased of late. Last month, 26 bank deals were announced in the United States, marking the highest monthly number of deals since June 2021.
The aggregate deal value in July was $10.83 billion, the largest since December 2021, when $16.46 billion worth of deals were disclosed.
Reasons Behind the Upswing in M&A Activities
To begin with, the recent rebound in the banking sector in terms of M&A activities has been a response to market challenges. The surge in deal-making activities has been driven by pent-up demand, improving bank stock valuations, banks’ desire to gain a competitive edge and expand customer base.
Most importantly, there is renewed optimism for bank consolidations under the Trump administration. The Federal Reserve has proposed easing criteria for banks to be deemed “well managed,” which is an important qualifier for M&A eligibility.
Executives at both large and regional banks are reportedly advancing exploratory talks and interest is growing in potential tie-ups. Faster regulatory approval timelines are an added positive.
These changes have been encouraging larger and regional banks to explore deals, resulting in the rise in M&A activities, following a relatively quiet period in recent years.
A Couple of Notable Deals Announced in July
On July 24, Pinnacle Financial Partners, Inc. PNFP and Synovus Financial Corp. SNV entered an all-stock merger deal worth $8.6 billion, which is expected to close in the first quarter of 2026. The transaction, expected to create the highest-performing regional bank focused on the fastest-growth markets in the Southeast, is also the largest U.S. bank M&A deal announced since 2021.
The deal is expected to be 21% accretive to Pinnacle’s estimated operating EPS in 2027. The transaction is expected to be tax-free to shareholders of both Pinnacle and Synovus.
Kevin Blair, the chairman, CEO and president of Synovus, said, “We are two high-performing institutions with one powerful future. Our belief in the success of this merger is grounded in a decade of strong results and proven execution from both companies, each delivering top-tier earnings and total shareholder returns. Together with Terry and the Pinnacle team, we are primed for continued outperformance, as we are not just combining forces – we are multiplying our impact.”
On July 14, Huntington Bancshares HBAN announced a definitive agreement to acquire Veritex Holdings, Inc. VBTX, a bank holding company headquartered in Dallas, TX. The all-stock transaction, valued at $1.9 billion, is expected to close early in the fourth quarter of 2025. This is the third-largest U.S. bank M&A deal announced so far in 2025.
Per the agreement, Huntington will issue 1.95 shares for each outstanding share of Veritex in a 100% stock transaction. Financially, the transaction is projected to be modestly accretive to Huntington’s EPS and neutral to regulatory capital at closing. The acquisition of Veritex represents a strategic plan by HBAN to accelerate its strong organic growth in Texas by expanding its presence in Dallas/Fort Worth and Houston.
Banks to Benefit From Increased M&As?
While the M&A activity rose drastically last month, it has been relatively low so far in 2025. But as there is more regulatory clarity and an improvement in economic conditions, a meaningful uptick is expected in the second half of the year.
As mergers bring technology upgrades, with banks combining their digital platforms, it may sometimes result in temporary service disruptions or feature changes. However, increased M&As help banks grow faster, diversify risks, improve profitability and enhance shareholder returns.
Bigger balance sheets help banks compete with national players. Also, branch consolidation, shared technology systems and reduced overhead can help banks significantly lower operating costs.
For banks, which depend heavily on investment banking, increased M&A activity will result in a rise in advisory revenues, thereby supporting overall fee income growth.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

M&As Rise to 4-Year High in July: Here's What it Means for Banks

The following are the top rated Financial stocks according to Validea's Growth Investor model based on the published strategy of Martin Zweig. This strategy looks for growth stocks with persistent accelerating earnings and sales growth, reasonable valuations and low debt.
CME GROUP INC (CME) is a large-cap growth stock in the Investment Services industry. The rating according to our strategy based on Martin Zweig is 92% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: CME Group Inc. provides a derivatives marketplace. The Company enables clients to trade futures, options, cash and over the counter (OTC) markets, optimize portfolios, and analyze data. It exchanges offer a range of global benchmark products across all major asset classes based on interest rates, equity indexes, foreign exchange (FX), energy, agricultural products and metals. It offers futures and options on futures trading through the CME Globex platform, fixed income trading via BrokerTec and FX trading on the EBS platform. In addition, it operates central counterparty clearing provider, CME Clearing. Its products provide a means for hedging, speculation and asset allocation related to the risks associated with, among other things, interest rate sensitive instruments, and changes in the prices of agricultural, energy and metal commodities. It provides clearing and settlement services for a range of exchange-traded futures and options on futures contracts and OTC derivatives.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
Detailed Analysis of CME GROUP INC
X FINANCIAL (ADR) (XYF) is a small-cap value stock in the Consumer Financial Services industry. The rating according to our strategy based on Martin Zweig is 85% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: X FINANCIAL is a China-based company principally engaged in the provision of technology-driven personal finance services. The Companys products primarily include Xiaoying Card Loan and Xiaoying Preferred Loan. The Company is also engaged in the provision of investment opportunities to investors through its wealth management platform, Xiaoying Wealth Management. The Companys WinSAFE risk control system builds risk profiles of its prospective borrowers upon data from credit information providers.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
Detailed Analysis of X FINANCIAL (ADR)
PINNACLE FINANCIAL PARTNERS INC (PNFP) is a mid-cap value stock in the Money Center Banks industry. The rating according to our strategy based on Martin Zweig is 85% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Pinnacle Financial Partners, Inc. is a financial holding company. The Company operates through its wholly owned subsidiary, Pinnacle Bank (the Bank). The Bank is a Tennessee state-chartered bank. It offers a range of lending products, including commercial, real estate and consumer loans to individuals, businesses, and professional entities. The Bank is also focused on offering core deposits, including savings, noninterest-bearing checking, interest-bearing checking, money market and certificate of deposit accounts, including access to products offered through various IntraFi Network Deposit programs. It also provides fiduciary and investment services through its Trust & Investment Services department. Its treasury management services include, online wire origination, automated bill pay services, positive pay, and others. It operates approximately 137 offices, including 50 in Tennessee, 41 in North Carolina, 21 in South Carolina, 11 in Virginia, four in Georgia, and four in Alabama.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
Detailed Analysis of PINNACLE FINANCIAL PARTNERS INC
THIRD COAST BANCSHARES INC (TCBX) is a small-cap value stock in the Money Center Banks industry. The rating according to our strategy based on Martin Zweig is 85% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Third Coast Bancshares, Inc. is a bank holding company. The Company is operating primarily in the Greater Houston, Dallas-Fort Worth, and Austin-San Antonio markets through its wholly owned subsidiary, Third Coast Bank (the Bank). The Bank conducts banking operations through approximately 19 branches encompassing the four metropolitan areas in Texas. It is focused on providing commercial banking solutions to small and medium-sized businesses and professionals with operations in its markets. The Bank's deposits include checking accounts, money market accounts, savings accounts, a variety of certificates of deposit and individual retirement accounts. It offers traditional bank products such as checking, savings, money markets, and CD accounts, as well as a full range of banking services including retail and commercial online banking platforms, mobile banking apps, debit cards, credit cards, a suite of treasury management solutions, merchant card services and customer digital solutions.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
Detailed Analysis of THIRD COAST BANCSHARES INC
COMMUNITY TRUST BANCORP INC (CTBI) is a small-cap value stock in the Money Center Banks industry. The rating according to our strategy based on Martin Zweig is 77% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Community Trust Bancorp, Inc. (CTBI) is a bank holding company. CTBI owns all the capital stock of one commercial bank and one trust company, serving small and mid-sized communities in eastern, northeastern, central, and south-central Kentucky, southern West Virginia, and northeastern Tennessee. The commercial bank is Community Trust Bank, Inc., Pikeville, Kentucky (CTB) and the trust company is Community Trust and Investment Company, Lexington, Kentucky (CTIC). Through its subsidiaries, CTBI engages in a wide range of commercial and personal banking and trust and wealth management activities, which include accepting time and demand deposits; making secured and unsecured loans to corporations, individuals, and others; providing cash management services to corporate and individual customers; issuing letters of credit; renting safe deposit boxes; and providing funds transfer services. The lending activities of CTB include making commercial, construction, mortgage, and personal loans.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
Detailed Analysis of COMMUNITY TRUST BANCORP INC
About Martin Zweig: During the 15 years that it was monitored, Zweig's stock recommendation newsletter returned an average of 15.9 percent per year, during which time it was ranked number one based on risk-adjusted returns by Hulbert Financial Digest. Zweig has managed both mutual and hedge funds during his career, and he's put the fortune he's compiled to some interesting uses. He has owned what Forbes reported was the most expensive apartment in New York, a $70 million penthouse that sits atop Manhattan's Pierre Hotel, and he is a collector of all sorts of pop culture and historical memorabilia -- among his purchases are the gun used by Clint Eastwood in "Dirty Harry", a stock certificate signed by Commodore Vanderbilt, and even two old-fashioned gas pumps similar to those he'd seen at a nearby gas station while growing up in Cleveland, according to published reports.
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Validea's Top Financial Stocks Based On Martin Zweig - 8/15/2025

The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Pinnacle Financial Partners Inc (Symbol: PNFP) presently has an excellent rank, in the top 25% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors.
But making Pinnacle Financial Partners Inc an even more interesting and timely stock to look at, is the fact that in trading on Wednesday, shares of PNFP entered into oversold territory, changing hands as low as $67.285 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In the case of Pinnacle Financial Partners Inc, the RSI reading has hit 29.8 — by comparison, the universe of dividend stocks covered by Dividend Channel currently has an average RSI of 46.3. A falling stock price — all else being equal — creates a better opportunity for dividend investors to capture a higher yield. Indeed, PNFP's recent annualized dividend of 0.88/share (currently paid in quarterly installments) works out to an annual yield of 1.29% based upon the recent $68.16 share price.
A bullish investor could look at PNFP's 29.8 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. Among the fundamental datapoints dividend investors should investigate to decide if they are bullish on PNFP is its dividend history. In general, dividends are not always predictable; but, looking at the history chart below can help in judging whether the most recent dividend is likely to continue.
Free Report: Top 8%+ Dividends (paid monthly)
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Implied BBMC Analyst Target Price: $111

The following are today's upgrades for Validea's Growth Investor model based on the published strategy of Martin Zweig. This strategy looks for growth stocks with persistent accelerating earnings and sales growth, reasonable valuations and low debt.
PINNACLE FINANCIAL PARTNERS INC (PNFP) is a mid-cap growth stock in the Money Center Banks industry. The rating according to our strategy based on Martin Zweig changed from 69% to 85% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Pinnacle Financial Partners, Inc. is a financial holding company. The Company operates through its wholly owned subsidiary, Pinnacle Bank (the Bank). The Bank is a Tennessee state-chartered bank. It offers a range of lending products, including commercial, real estate and consumer loans to individuals, businesses, and professional entities. The Bank is also focused on offering core deposits, including savings, noninterest-bearing checking, interest-bearing checking, money market and certificate of deposit accounts, including access to products offered through various IntraFi Network Deposit programs. It also provides fiduciary and investment services through its Trust & Investment Services department. Its treasury management services include, online wire origination, automated bill pay services, positive pay, and others. It operates approximately 137 offices, including 50 in Tennessee, 41 in North Carolina, 21 in South Carolina, 11 in Virginia, four in Georgia, and four in Alabama.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
Detailed Analysis of PINNACLE FINANCIAL PARTNERS INC
COMMUNITY TRUST BANCORP INC (CTBI) is a small-cap value stock in the Money Center Banks industry. The rating according to our strategy based on Martin Zweig changed from 69% to 85% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Community Trust Bancorp, Inc. (CTBI) is a bank holding company. CTBI owns all the capital stock of one commercial bank and one trust company, serving small and mid-sized communities in eastern, northeastern, central, and south-central Kentucky, southern West Virginia, and northeastern Tennessee. The commercial bank is Community Trust Bank, Inc., Pikeville, Kentucky (CTB) and the trust company is Community Trust and Investment Company, Lexington, Kentucky (CTIC). Through its subsidiaries, CTBI engages in a wide range of commercial and personal banking and trust and wealth management activities, which include accepting time and demand deposits; making secured and unsecured loans to corporations, individuals, and others; providing cash management services to corporate and individual customers; issuing letters of credit; renting safe deposit boxes; and providing funds transfer services. The lending activities of CTB include making commercial, construction, mortgage, and personal loans.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
Detailed Analysis of COMMUNITY TRUST BANCORP INC
About Martin Zweig: During the 15 years that it was monitored, Zweig's stock recommendation newsletter returned an average of 15.9 percent per year, during which time it was ranked number one based on risk-adjusted returns by Hulbert Financial Digest. Zweig has managed both mutual and hedge funds during his career, and he's put the fortune he's compiled to some interesting uses. He has owned what Forbes reported was the most expensive apartment in New York, a $70 million penthouse that sits atop Manhattan's Pierre Hotel, and he is a collector of all sorts of pop culture and historical memorabilia -- among his purchases are the gun used by Clint Eastwood in "Dirty Harry", a stock certificate signed by Commodore Vanderbilt, and even two old-fashioned gas pumps similar to those he'd seen at a nearby gas station while growing up in Cleveland, according to published reports.
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Validea Martin Zweig Strategy Daily Upgrade Report - 7/17/2025

(RTTNews) - Pinnacle Financial Partners Inc. (PNFP) reported earnings for its second quarter that Increased from last year and beat the Street estimates.
The company's earnings came in at $154.74 million, or $2.00 per share. This compares with $49.36 million, or $0.64 per share, last year.
Excluding items, Pinnacle Financial Partners Inc. reported adjusted earnings of $154.84 million or $2.00 per share for the period.
Analysts on average had expected the company to earn $1.90 per share. Analysts' estimates typically exclude special items.
Pinnacle Financial Partners Inc. earnings at a glance (GAAP) :
-Earnings: $154.74 Mln. vs. $49.36 Mln. last year. -EPS: $2.00 vs. $0.64 last year.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Pinnacle Financial Partners Inc. Q2 Profit Increases, Beats Estimates

The following companies are expected to report earnings after hours on 07/15/2025. Visit our Earnings Calendar for a full list of expected earnings releases.
J.B. Hunt Transport Services, Inc. (JBHT)is reporting for the quarter ending June 30, 2025. The truck company's consensus earnings per share forecast from the 9 analysts that follow the stock is $1.34. This value represents a 1.52% increase compared to the same quarter last year. Zacks Investment Research reports that the 2025 Price to Earnings ratio for JBHT is 26.52 vs. an industry ratio of 19.20, implying that they will have a higher earnings growth than their competitors in the same industry.
Omnicom Group Inc. (OMC)is reporting for the quarter ending June 30, 2025. The advertising/marketing company's consensus earnings per share forecast from the 3 analysts that follow the stock is $2.02. This value represents a 3.59% increase compared to the same quarter last year. In the past year OMC has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 4.29%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for OMC is 8.72 vs. an industry ratio of 1.60, implying that they will have a higher earnings growth than their competitors in the same industry.
Pinnacle Financial Partners, Inc. (PNFP)is reporting for the quarter ending June 30, 2025. The banks (southeast) company's consensus earnings per share forecast from the 6 analysts that follow the stock is $1.91. This value represents a 17.18% increase compared to the same quarter last year. In the past year PNFP has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 4.4%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for PNFP is 15.40 vs. an industry ratio of 11.80, implying that they will have a higher earnings growth than their competitors in the same industry.
Hancock Whitney Corporation (HWC)is reporting for the quarter ending June 30, 2025. The banks (southeast) company's consensus earnings per share forecast from the 5 analysts that follow the stock is $1.34. This value represents a 2.29% increase compared to the same quarter last year. In the past year HWC has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 7.81%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for HWC is 10.89 vs. an industry ratio of 11.80.
Fulton Financial Corporation (FULT)is reporting for the quarter ending June 30, 2025. The bank (northeast) company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.43. This value represents a 8.51% decrease compared to the same quarter last year. In the past year FULT has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 18.18%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for FULT is 10.69 vs. an industry ratio of 11.00.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

After-Hours Earnings Report for July 15, 2025 : JBHT, OMC, PNFP, HWC, FULT

In trading on Tuesday, shares of Pinnacle Financial Partners Inc (Symbol: PNFP) crossed above their 200 day moving average of $107.58, changing hands as high as $108.19 per share. Pinnacle Financial Partners Inc shares are currently trading up about 2.5% on the day. The chart below shows the one year performance of PNFP shares, versus its 200 day moving average:
Looking at the chart above, PNFP's low point in its 52 week range is $73.625 per share, with $131.91 as the 52 week high point — that compares with a last trade of $108.15.
Free Report: Top 8%+ Dividends (paid monthly)
Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average »
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Institutional Holders of MOLG
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Pinnacle Financial Partners Breaks Above 200-Day Moving Average - Bullish for PNFP

We just received data on a new analyst forecast for $PNFP. Hovde Group gave a rating of 'Outperform' for $PNFP.
$PNFP Analyst Ratings
Wall Street analysts have issued reports on $PNFP in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
Hovde Group issued a "Outperform" rating on 04/16/2025
Citigroup issued a "Buy" rating on 12/31/2024
Barclays issued a "Overweight" rating on 12/19/2024
To track analyst ratings and price targets for $PNFP, check out Quiver Quantitative's $PNFP forecast page.
$PNFP Insider Trading Activity
$PNFP insiders have traded $PNFP stock on the open market 22 times in the past 6 months. Of those trades, 0 have been purchases and 22 have been sales.
Here’s a breakdown of recent trading of $PNFP stock by insiders over the last 6 months:
DAVID B INGRAM has made 0 purchases and 9 sales selling 128,645 shares for an estimated $16,260,957.
ROBERT A JR MCCABE (CHAIRMAN) has made 0 purchases and 5 sales selling 90,000 shares for an estimated $10,756,489.
M TERRY TURNER (CEO) has made 0 purchases and 3 sales selling 12,000 shares for an estimated $1,331,096.
RICHARD D II CALLICUTT (Chairman-Carolinas & Virginia) has made 0 purchases and 2 sales selling 11,023 shares for an estimated $1,307,919.
HAROLD R CARPENTER (EVP & CFO) sold 3,051 shares for an estimated $383,114
GLENDA BASKIN GLOVER sold 3,000 shares for an estimated $304,650
CHARISSA D SUMERLIN (EVP and Chief Credit Officer) sold 41 shares for an estimated $4,076
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$PNFP Hedge Fund Activity
We have seen 206 institutional investors add shares of $PNFP stock to their portfolio, and 195 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
NORTH REEF CAPITAL MANAGEMENT LP added 705,000 shares (+57.1%) to their portfolio in Q4 2024, for an estimated $80,644,950
VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. added 682,837 shares (+inf%) to their portfolio in Q4 2024, for an estimated $78,109,724
CAPITAL RESEARCH GLOBAL INVESTORS added 566,061 shares (+57.0%) to their portfolio in Q4 2024, for an estimated $64,751,717
JUNTO CAPITAL MANAGEMENT LP removed 542,227 shares (-61.0%) from their portfolio in Q4 2024, for an estimated $62,025,346
WASATCH ADVISORS LP removed 417,198 shares (-14.2%) from their portfolio in Q4 2024, for an estimated $47,723,279
STATE STREET CORP added 405,758 shares (+13.4%) to their portfolio in Q4 2024, for an estimated $46,414,657
UBS GROUP AG added 321,224 shares (+315.4%) to their portfolio in Q4 2024, for an estimated $36,744,813
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
This article was originally published on Quiver News, read the full story.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

New Analyst Forecast: $PNFP Given 'Outperform' Rating

U.S. stock markets witnessed an impressive rally in 2024 after an astonishing bull run in 2023. Despite fluctuations, the bull run continued in the first month of 2025. Market participants remained concerned about the Trump administration’s tariffs and trade-related policies and their impact on U.S. economic growth, especially on the inflation rate.
Moreover, a relatively hawkish statement by Fed Chairman Jerome Powell in a post-FOMC meeting in January regarding sticky inflation raised questions about the magnitude of interest rate cut this year. Additionally, prolonged geopolitical conflicts in the Middle-East and other parts of Asia and Europe pose concerns.
However, a handful of stocks are expected to maintain their momentum in February, too. Five such stocks with a favorable Zacks Rank are: Amphenol Corp. APH, Boston Scientific Corp. BSX, Annaly Capital Management Inc. NLY, Pinnacle Financial Partners Inc. PNFP and First Horizon Corp. FHN.
Top 5 Momentum Picks for January
These five stocks have strong potential for February and have seen positive earnings estimate revisions in the last seven days. Each of the stocks sports a Zacks Rank #1 (Strong Buy) at present and has a Zacks Momentum Score of A. You can see the complete list of today’s Zacks #1 Rank stocks here.
The chart below shows the price performance of our five picks in the past month.
Image Source: Zacks Investment Research
Amphenol Corp.
Amphenol has been benefiting from a diversified business model. It expects first-quarter 2025 sales in the defense market to increase moderately on a sequential basis. APH’s strong portfolio of solutions, including high-technology interconnect products, is a key catalyst. Expanding spending on both current and next-generation defense technologies bodes well for APH’s top-line growth.
Apart from Defense, APH’s prospects ride on strong demand for its solutions across Commercial Air, Industrial and Mobile devices. For first-quarter 2025, Amphenol expects a mid-to-high single-digit range increase in Commercial Air sales. APH’s diversified business model lowers the volatility of individual end markets and geographies. Strong cash flow generating ability is noteworthy.
Amphenol has an expected revenue and earnings growth rate of 22.4% and 24.9%, respectively, for the current year. The Zacks Consensus Estimate for the current-year earnings has improved 1.7% over the last seven days.
Boston Scientific
Boston Scientific is seeing strength across target markets despite macroeconomic concerns, currency headwinds and related cost inflation. Strong worldwide demand for BSX’s MedSurg and Structural Heart lines, traction in United States and outside for its the next-generation WATCHMAN FLX and FLX Pro, as well as contribution from accretive acquisitions are important drivers.
BSX’s Pain and Brain franchisees are expected to gain solid traction in 2025 banking on strong execution of core growth strategies. The Electrophysiology arm of BSX continues to gain momentum on the sustained adoption of FARAPULSE PFA.
Boston Scientific has an expected revenue and earnings growth rate of 13.2% and 13.6%, respectively, for the current year. The Zacks Consensus Estimate for the current-year earnings has improved 2.9% over the last seven days.
Annaly Capital Management Inc.
Annaly Capital Management’s fourth-quarter 2024 results benefit from improving average yield on interest-earning assets. NLY’s prudent asset selection will continue to drive performance in the upcoming period. The enhancement of capabilities across NLY’s core housing finance strategy is a positive.
NLY enjoys a diverse funding profile in the industry. NLY’s investments in Agency MBS will offer downside protection. Moreover, NLY’s solid MSR platform will gain from a low-prepayment environment.
Annaly Capital Management has an expected revenue and earnings growth rate of more than 100% and 4.1%, respectively, for the current year. The Zacks Consensus Estimate for the current-year earnings has improved 1.4% over the last seven days.
Pinnacle Financial Partners Inc.
Pinnacle Financial Partners operates as the bank holding company for Pinnacle Bank, which provides various banking products and services to individuals, businesses, and professional entities in the United States.
PNFP provides a full range of banking, investment, trust, mortgage and insurance products and services designed for businesses and their owners and individuals interested in a comprehensive relationship with their financial institution. PNFP accepts various deposits, provides treasury management services and merchant card acceptance services.
Pinnacle Financial Partners has an expected revenue and earnings growth rate of 15.9% and 13.9%, respectively, for the current year. The Zacks Consensus Estimate for the current-year earnings has improved 0.8% over the last seven days.
First Horizon Corp.
First Horizon’s strong business mix of regional and specialty banking franchises is likely to drive organic growth. FHN operates through Regional Banking and Specialty Banking segments. FHN offers general banking services for consumers, businesses, financial institutions, and governments.
FHN accepts deposits, provides underwriting services for bank-eligible securities and other fixed-income securities by financial subsidiaries, sells loans and derivatives, financial planning, and offers investment and financial advisory services. The strategic buyouts have helped FHN to expand its footprint into key markets. FHN’s net interest income and net interest margin are likely to be aided by the Fed’s interest rate cuts.
First Horizon has an expected revenue and earnings growth rate of 5.5% and 7.7%, respectively, for the current year. The Zacks Consensus Estimate for the current-year earnings has improved 0.6% over the last seven days.
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Boston Scientific Corporation (BSX) : Free Stock Analysis Report
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Indicator	TTM Median
P/E	17.17 13.37
Price/Sales	2.70 1.92
P/B	1.28 1.10
P/FCF	14.09 10.25

Indicator	TTM Median
ROE	7.47 10.06
ROA	0.92 1.13
ROI	5.41 6.38
Net Worth	8.32 0.99
Quick Ratio	0.00 1.40
Current Ratio	0.89 0.96

Indicator	TTM Median
Net Profit Margin	15.47 15.86
Operating Margin	19.51 21.72
Gross Margin	57.61 68.17
Return on tangible equity	10.57 12.03

Indicator	TTM Median
EPS	1.90 0.60
EPS Forecast	1.82 0.61
Revenue	767.00M 85.50M
Gross Profit	463.00M —
EBITDA	0.00 —

Pinnacle Financial Partners, Inc.

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