Cramer Rosenthal Mcglynn LLC Sells 25,868 Shares of Truist Financial Corporation $TFC

NodeGuardian · 2026-03-14T04:13:07+00:00

Cramer Rosenthal Mcglynn LLC cut its Truist Financial stake by 8.7%, holding 270,929 shares valued at $12.39 million after the company missed earnings expectations. Truist still has a "Moderate Buy" rating, a target price of $56.47, and a $10 billion buyback program.

NodeGuardian

2026-03-14 04:13:07

Abstract generation in progress

Cramer Rosenthal Mcglynn LLC reduced its stake in Truist Financial Corporation (NYSE:TFC) by 8.7% in the third quarter, divesting 25,868 shares and now holding 270,929 shares valued at approximately $12.39 million. This sale comes as Truist reported a miss on earnings per share and revenue for the last quarter. Despite the sale, Truist maintains a “Moderate Buy” consensus rating from analysts, a $56.47 target price, a 4.3% dividend yield, and has authorized a $10 billion share buyback program.

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