Prudential Finl Stock Price, News & Analysis

Lincoln Property Company and PGIM (PRU) launched a strategic joint venture on December 9, 2025 to pursue outpatient medical investments across the United States. The multi-year national vehicle combines Lincoln’s nearly 30 years of healthcare operating experience with PGIM’s $213 billion AUM and over 55 years of real estate investing.

The venture was arranged by BlackBirch Capital and has already completed two initial acquisitions totaling 193,000 square feet: Imperial Medical Center in Sugar Land, Texas, and 400 Taylor Medical Center in Pleasant Hill, California. The partnership will target Core Plus and Value-Add outpatient care locations nationwide.

Prudential Advisors (NYSE: PRU) announced it has added Premier Planning Partners, an all-female wealth management practice from Raymond James, bringing > $550 million in client assets to Prudential Advisors on Dec. 8, 2025. The Michigan-based team is led by managing partners Michelle Bryant and Marcia Kamiak and includes three advisors and a senior client service associate.

Prudential Advisors said the addition supports its Midwest expansion and scaling strategy; the firm noted it has added advisor teams representing more than $3 billion in client assets in 2025 and increased advisor headcount by nearly 9%.

Prudential Financial (NYSE: PRU) named Matthew (Matt) Armas senior vice president and chief investment officer, effective March 12, 2026. Armas joins from Goldman Sachs Asset Management where he was global co-head of insurance and advised insurance clients on public and private portfolio construction. He will succeed Timothy L. Schmidt, who will retire in 2026 after 16 years with Prudential and will remain as an advisor through Aug. 31, 2026 to support the leadership transition.

Prudential's CEO highlighted Armas's insurance and investment experience as a fit for shaping the company's investment strategy and supporting long-term, profitable growth.

Prudential Advisors (NYSE: PRU) launched the Prudential Advisors Connect mobile app for iOS on Dec 3, 2025, extending its award‑nominated, AI‑enhanced desktop platform to mobile devices.

Key mobile features include client search with portfolio summaries, a leads dashboard with calling/email integration, and a Microsoft Outlook agenda view; Android support is stated as coming soon. The underlying cloud platform, launched in 2024, reports +10% lead conversion, +24% Ease of Doing Business, and a 5% productivity gain.

Prudential Advisors (NYSE: PRU) reported continued 2025 growth, adding experienced financial advisors managing nearly $3 billion in client assets through Oct. 31 and increasing advisor headcount by nearly 9% to more than 3,000 advisors nationwide.

The new advisors average 25+ years experience. The firm cited a strategic relationship with LPL Financial to broaden investment options, scale technology and support advisor growth while offering flexible affiliation models for advisors.

Prismic Life (PRU) announced the closing of a third capital raise of US$1.3 billion on November 18, 2025 to expand its Bermuda-based life and annuity reinsurance platform. The sponsor group includes Prudential Financial and Warburg Pincus, supported by a global consortium of investors.

Prismic previously raised over US$1.5 billion to support reinsurance of approximately US$17 billion of Prudential Financial liabilities. The new capital will fund Prismic’s multiyear growth plan and is expected to result in Prismic allocating roughly US$15 billion to public, private and alternative credit assets managed by PGIM and private equity assets managed by Warburg Pincus.

Prudential Financial (NYSE: PRU) named Tina Madon as global head of investor relations, effective Dec. 1, 2025. Madon will report to Executive Vice President and Chief Financial Officer Yanela Frias and will lead investor engagement as Prudential pursues a higher-growth strategy.

Madon joins from Lincoln Financial, where she served as head of investor relations and led efforts to reposition the shareholder base, expand analyst coverage, and increase disclosure transparency. She previously held senior IR roles at Focus Financial Partners, Arbor Advisory Group, Och-Ziff Capital Management, and Merrill Lynch, and began her career at Lehman Brothers. Madon succeeds Bob McLaughlin, who will retire at the end of 2025.

Prudential Financial (NYSE: PRU) declared a quarterly dividend of $1.35 per share of common stock.

The dividend is payable on December 11, 2025 to shareholders of record at the close of business on November 18, 2025.

Prudential Financial (NYSE: PRU) reported third quarter 2025 results with net income attributable of $1.431 billion ($4.01 per share) and after-tax adjusted operating income of $1.521 billion ($4.26 per share), each rising materially from the year-ago quarter.

Key metrics: book value per share $90.69, adjusted book value $99.25, AUM $1.612 trillion, parent company highly liquid assets $3.9 billion, and $731 million capital returned to shareholders (includes $250M repurchases and $481M dividends).