Fintel reports that on August 21, 2025, Wells Fargo downgraded their outlook for Truist Financial (NYSE:TFC) from Overweight to Equal-Weight.

Analyst Price Forecast Suggests 13.16% Upside

As of August 21, 2025, the average one-year price target for Truist Financial is $49.87/share. The forecasts range from a low of $46.41 to a high of $57.75. The average price target represents an increase of 13.16% from its latest reported closing price of $44.07 / share.

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The projected annual revenue for Truist Financial is 26,237MM, an increase of 44.43%. The projected annual non-GAAP EPS is 5.71.

What is the Fund Sentiment?

There are 2,415 funds or institutions reporting positions in Truist Financial. This is an increase of 26 owner(s) or 1.09% in the last quarter. Average portfolio weight of all funds dedicated to TFC is 0.30%, an increase of 2.14%. Total shares owned by institutions decreased in the last three months by 0.77% to 1,202,656K shares. The put/call ratio of TFC is 0.82, indicating a bullish outlook.

What are Other Shareholders Doing?

Capital International Investors holds 107,296K shares representing 8.32% ownership of the company. In its prior filing, the firm reported owning 104,654K shares , representing an increase of 2.46%. The firm decreased its portfolio allocation in TFC by 6.19% over the last quarter.

VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 41,194K shares representing 3.19% ownership of the company. In its prior filing, the firm reported owning 41,676K shares , representing a decrease of 1.17%. The firm decreased its portfolio allocation in TFC by 2.19% over the last quarter.

Bank Of America holds 38,721K shares representing 3.00% ownership of the company. In its prior filing, the firm reported owning 37,761K shares , representing an increase of 2.48%. The firm decreased its portfolio allocation in TFC by 75.87% over the last quarter.

VFINX - Vanguard 500 Index Fund Investor Shares holds 36,563K shares representing 2.84% ownership of the company. In its prior filing, the firm reported owning 35,935K shares , representing an increase of 1.72%. The firm decreased its portfolio allocation in TFC by 1.45% over the last quarter.

Victory Capital Management holds 31,613K shares representing 2.45% ownership of the company. In its prior filing, the firm reported owning 6,664K shares , representing an increase of 78.92%. The firm increased its portfolio allocation in TFC by 9.81% over the last quarter.