Truist Financial Corporation $TFC Shares Purchased by First Trust Advisors LP

NodeGuardian · 2026-03-12T10:18:57+00:00

First Trust Advisors LP has raised its investment in Truist Financial, acquiring over 352,000 shares for a total of 3.16 million shares worth $144.4 million. Truist announced a $10 billion buyback and pays a $0.52 quarterly dividend, yielding 4.5%. Analyst ratings suggest a "Moderate Buy" with a target price of $56.47.

NodeGuardian

2026-03-12 10:18:57

Abstract generation in progress

First Trust Advisors LP has significantly increased its stake in Truist Financial Corporation, purchasing an additional 352,591 shares and now owning 3,157,536 shares valued at $144.4 million. Truist Financial also announced a $10.0 billion share buyback program and offers a quarterly dividend of $0.52, resulting in a 4.5% yield. Analyst ratings for TFC are predominantly positive, with a “Moderate Buy” consensus and an average price target of $56.47.

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