SEC Form 10-Q filed by Prudential Financial Inc.

Prudential Financial, Inc. (NYSE:PRU) announced today the declaration of a quarterly dividend of $1.30 per share of Common Stock, payable on December 12, 2024, to shareholders of record at the close of business on November 19, 2024. Prudential Financial, Inc. ((PRU), a global financial services leader and premier active global investment manager with approximately $1.6 trillion in assets under management as of September 30, 2024, has operations in the United States, Asia, Europe, and Latin America. Prudential's diverse and talented employees help make lives better and create financial opportunity for more people by expanding access to investing, insurance, and retirement security. Prudenti

Net income attributable to Prudential Financial, Inc. of $448 million or $1.24 per Common share versus net loss of $802 million or $2.23 per share for the year-ago quarter. After-tax adjusted operating income of $1.260 billion or $3.48 per Common share versus $1.332 billion or $3.62 per share for the year-ago quarter. Book value per Common share of $84.47 versus $70.82 per share for the year-ago quarter; adjusted book value per Common share of $98.71 versus $94.19 per share for the year-ago quarter. Parent company highly liquid assets(1) of $4.3 billion, in-line with the year-ago quarter. Assets under management(2) of $1.558 trillion versus $1.361 trillion for the year-ago quarter.

Prudential Financial, Inc. (NYSE:PRU) will release its third quarter 2024 earnings on Wednesday, October 30, 2024, after the market closes. The earnings news release, the financial supplement, and related materials will be posted on the company's Investor Relations website at investor.prudential.com. Members of Prudential's senior management will host a conference call on Thursday, October 31, 2024, at 11:00 a.m. ET to discuss with the investment community the company's third quarter results. Conference Call Information The conference call will be broadcast live over the company's Investor Relations website at investor.prudential.com. Please log on 15 minutes early in the event necessary

4 - PRUDENTIAL FINANCIAL INC (0001137774) (Issuer)

4 - PRUDENTIAL FINANCIAL INC (0001137774) (Issuer)

4 - PRUDENTIAL FINANCIAL INC (0001137774) (Issuer)

Evercore ISI upgraded Prudential from Underperform to In-line and set a new price target of $140.00 from $117.00 previously

TD Cowen initiated coverage of Prudential with a rating of Hold and set a new price target of $130.00

Barclays initiated coverage of Prudential with a rating of Equal Weight and set a new price target of $118.00

Jacques Chappuis, formerly co-head of Morgan Stanley Investment Management, will lead PGIM, Prudential Financial, Inc.'s global asset management business, effective May 1, 2025 Chappuis will lead PGIM's next chapter of growth across public and private markets capabilities David Hunt will retire as president and CEO of PGIM and stay on as chairman until July 31, 2025 to ensure a smooth transition Over his successful 13-year tenure, Hunt led PGIM's significant growth and international expansion Prudential Financial, Inc. (NYSE:PRU) announced the appointment of Jacques Chappuis as president and CEO of PGIM, its $1.4 trillion global investment management business, effective May 1, 2025

Advent International ("Advent"), one of the largest and most experienced global private equity investors, today announced the appointment of former Ernst & Young LLP ("EY") Global Chairman and CEO Carmine Di Sibio as an Operating Partner. Di Sibio will play an active role in helping the firm identify, source and execute new deals in the business and financial services space and will work closely with Advent's team and current portfolio of investments. "We are thrilled to welcome Carmine to our growing roster of talented, specialized and hands-on Operating Partners," said Chris Egan, Managing Partner at Advent. "After a distinguished career of nearly four decades at EY, Carmine brings an in

Miami and Rockledge students will receive a $5,000 award and invitations to the 2024 summit for their work addressing the challenges of a changing world. NEWARK, N.J., Feb. 13, 2024 /PRNewswire/ -- William Charouhis, 18, of Miami, and Anjani Sharma, 17, of Rockledge, today were each named a 2024 Prudential Emerging Visionary for their inspiring commitment to improving the lives of others. As two of 25 Prudential Emerging Visionary winners, William and Anjani will each receive a $5,000 award to help take their innovation to the next level. They are also invited on an all-expens

Ratings for Prudential Financial (NYSE:PRU) were provided by 8 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 0 5 1 0 Last 30D 0 0 1 0 0 1M Ago 1 0 3 0 0 2M Ago 0 0 0 0 0 3M Ago 1 0 1 1 0 Analysts have recently evaluated Prudential Financial and provided 12-month price targets. The average target is $126.62, accompanied by a high estimate of $143.00 and a low estimate of $116.00. Surpassing the

Citigroup analyst Michael Ward maintains Prudential Financial (NYSE:PRU) with a Neutral and raises the price target from $104 to $120.

Morgan Stanley analyst Nigel Dally maintains Prudential Financial (NYSE:PRU) with a Equal-Weight and raises the price target from $120 to $123.