<div id="readability-page-1"><p>Oregon Public Employees Retirement Fund raised its holdings in  Pinnacle Financial Partners, Inc. (NYSE:PNFP - Free Report) by 92.5% during the 4th quarter, according to the company in its most recent filing with the Securities &amp; Exchange Commission. The institutional investor  owned 29,759 shares of the company's stock after acquiring an additional 14,300 shares during the period. Oregon Public Employees Retirement Fund's holdings in Pinnacle Financial Partners were worth $2,839,000 at the end of the most recent reporting period.</p><p>Several other institutional investors and hedge funds have also recently modified their holdings of PNFP. Goldman Sachs Group Inc. raised its holdings in shares of  Pinnacle Financial Partners by 6.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 651,268 shares of the company's stock valued at $69,060,000 after acquiring an additional 37,989 shares in the last quarter.  Focus Partners Wealth raised its holdings in shares of  Pinnacle Financial Partners by 13.9% in the 1st quarter. Focus Partners Wealth now owns 4,755 shares of the company's stock valued at $504,000 after acquiring an additional 581 shares in the last quarter.  Amundi raised its holdings in shares of  Pinnacle Financial Partners by 25,700.0% in the 2nd quarter. Amundi now owns 4,386 shares of the company's stock valued at $513,000 after acquiring an additional 4,369 shares in the last quarter.  Jump Financial LLC purchased a new stake in shares of  Pinnacle Financial Partners in the 2nd quarter valued at about $229,000.  Finally, Cerity Partners LLC raised its holdings in shares of  Pinnacle Financial Partners by 4.2% in the 2nd quarter. Cerity Partners LLC now owns 26,061 shares of the company's stock valued at $2,877,000 after acquiring an additional 1,039 shares in the last quarter. Hedge funds and other institutional investors own  87.40% of the company's stock. </p><h2>Analysts Set New Price Targets</h2><p>PNFP has been the topic of a number of research reports. Truist Financial raised their price target on Pinnacle Financial Partners from $114.00 to $115.00 and gave the company a &#34;buy&#34; rating in a research report on Monday, May 11th. JPMorgan Chase &amp; Co. raised their price target on Pinnacle Financial Partners from $105.00 to $120.00 and gave the company an &#34;overweight&#34; rating in a research report on Friday, April 24th. UBS Group raised their price target on Pinnacle Financial Partners from $110.00 to $120.00 and gave the company a &#34;buy&#34; rating in a research report on Friday, April 24th. Deutsche Bank Aktiengesellschaft  set a $116.00 price target on Pinnacle Financial Partners and gave the company a &#34;buy&#34; rating in a research report on Wednesday, January 21st. Finally, Stephens raised their price target on Pinnacle Financial Partners from $95.00 to $109.00 and gave the company an &#34;equal weight&#34; rating in a research report on Thursday, April 30th. One research analyst  has rated the stock with a Strong Buy rating, eleven have assigned  a Buy rating and seven have assigned  a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of &#34;Moderate Buy&#34; and an average target price of $115.19.</p><p><b>View Our Latest Analysis on Pinnacle Financial Partners</b></p><h2>Pinnacle Financial Partners Stock Down 1.5%</h2><p>NYSE PNFP opened at $94.00 on Friday. The company's 50-day moving average price is $91.13. Pinnacle Financial Partners, Inc. has a twelve month low of $81.08 and a twelve month high of $120.46. The stock has a market capitalization of $7.29 billion, a P/E ratio of 13.04, a price-to-earnings-growth ratio of 0.36 and a beta of 1.06. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.42. </p><p>Pinnacle Financial Partners (NYSE:PNFP - Get Free Report) last announced its quarterly earnings data on Wednesday, April 22nd. The company reported $2.39 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.30 by $0.09. Pinnacle Financial Partners had a return on equity of 10.61% and a net margin of 15.02%.The firm had revenue of $1.22 billion for the quarter, compared to analysts' expectations of $1.20 billion.  On average, equities analysts expect that  Pinnacle Financial Partners, Inc. will post 10.34 earnings per share for the current fiscal year. </p><h2>Pinnacle Financial Partners Dividend Announcement</h2><p>The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 1st will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Friday, May 1st. Pinnacle Financial Partners's dividend payout ratio (DPR) is 27.74%. </p><h2>Pinnacle Financial Partners Profile</h2> (Free Report)<p>Pinnacle Financial Partners <span>NYSE: PNFP<span></span></span> is a bank holding company headquartered in Nashville, Tennessee, that provides a broad range of commercial and consumer banking services. Founded in 2000, the company operates through a network of banking offices and digital channels to serve individuals, small and middle-market businesses, and institutional clients. Pinnacle’s business model emphasizes relationship-based banking and tailored financial solutions for commercial borrowers and deposit customers. </p><p>The company’s product and service offerings include commercial and residential lending, treasury and payment solutions, deposit accounts, mortgage services, and cash management.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Pinnacle Financial Partners</li><li>Viking Sails to All-Time Highs—Fundamentals Signal More to Come</li><li>Datavalut Gains Traction: 5 Reasons to Sell Now</li><li>TMC Stock: Why This Pre-Revenue Miner Is Worth Watching</li><li>The Power Grid Is Dying—Is It Time to Buy Its Replacement?</li></ul><p><strong>Want to see what other hedge funds are holding PNFP?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pinnacle Financial Partners, Inc. (NYSE:PNFP - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVBORlA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVBORlA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Pinnacle Financial Partners Right Now?</h2><p>Before you consider Pinnacle Financial Partners, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Pinnacle Financial Partners wasn't on the list.</p><p>While Pinnacle Financial Partners currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

PNFP

<p>Oregon Public Employees Retirement Fund increased its stake in Pinnacle Financial Partners, Inc. by 92.5% in Q4, owning 29,759 shares valued at $2.84 million. Other institutional investors also raised their holdings. Analysts have set new price targets for PNFP, with an average target of $115.19. The stock is currently down 1.5%, trading at $94.00, with a market cap of $7.29 billion. Pinnacle recently announced a quarterly dividend of $0.50 per share.</p>

Market Beat

Pinnacle Financial

Goldman Sachs

Truist Financial

JPMorgan Chase

UBS Group AG

Deutsche Bank AG

PINNACLE FINANCIAL PARTNERS 6.75 DP RP PFD C

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JPMORGAN CHASE & CO. 4.20% DEP SHS REPSTG 1/400TH PFD SER MM

JPMORGAN CHASE & CO. 6%NON CUM DEP SHS REP 1/400TH PFD SER EE

JPMORGAN CHASE & CO. DEP REP 1/400TH (5.75% NON CUM PFD DD)

JPMORGAN CHASE & CO. 4.625% DEP SH RE 1/400TH INT NO CU PF LL

JPMorgan Chase & Co.

JPMORGAN CHASE & CO. 4.55% DEP SHS REPSTG 1/400TH PFD SER JJ

JPMORGAN CHASE & CO. 4.75 DEP SHS REP 1/400 NCUM PFD SR GG

Deutsche Bank AG Subscription Rights

Deutsche Postbank AG

Oregon Public Employees Retirement Fund Grows Position in Pinnacle Financial Partners, Inc. $PNFP