Prudential Financial reported an ownership change dated July 15, 2026, involving Series K Mandatory Redeemable Preferred Stock of Tortoise Energy Infrastructure Corp. The reporting parties identified are Prudential Financial, Inc., The Prudential Insurance Company of America, and PRUCO Life Insurance Company. The filing indicates that the preferred shares are held by Prudential subsidiaries rather than directly by Prudential Financial. One note states that preferred stock is owned by The Prudential Insurance Company of America and is indirectly owned by Prudential Financial, its parent holding company and a ten percent owner of a class. A second note gives the same treatment for preferred stock owned by PRUCO Life Insurance Company, also indirectly owned by Prudential Financial. The document does not provide the detailed transaction table typically needed to identify the exact number of preferred shares acquired or disposed of, the transaction price, transaction code, or the post-transaction ownership balance. As presented, it confirms a reportable change in beneficial ownership of Tortoise Energy Infrastructure Corp.’s Series K Mandatory Redeemable Preferred Stock by Prudential-controlled insurance entities, but it does not disclose the economic terms of the change. The filing was signed on July 16, 2026, by Richard Baker, Second Vice President, on behalf of Prudential Financial. The Prudential Insurance Company of America and PRUCO Life Insurance Company were each signed by PGIM, Inc., acting as investment manager, through Aaron Christopherson, Vice President. The structure matters because Prudential Financial is reporting indirect beneficial ownership through its insurance subsidiaries and investment management arrangements, rather than a simple direct holding in its own name.
Stock detail
Prudential Financial (PRU) stock price, chart, and key data
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Stock detail
Prudential Financial
PRU · XNYS
-$9.03 (-7.70%) past day
$108.27
Overnight $106.98 (-1.19%)
Key metrics
Financials
Quarterly revenue, profitability, and balance-sheet snapshot
Dividend
Past Dividend Performance
$1.35
$1.40
$1.40
Annual Dividend Yield
5.17%
Dividend
$1.40 / Stock
Frequency
Quarterly Payment
Day range
$117.13 - $119.96
Close price
$117.84
Market cap
$40.9B
P/E ratio
64.45
About the company
Prudential Financial, Inc.
Prudential Financial, Inc. is an American financial services company whose subsidiaries provide insurance, retirement planning, investment management, and other products and services to both retail and institutional customers throughout the United States and in over 40 other countries. In 2019, Prudential was the largest insurance provider in the United States with $815.1 billion in total assets. The company is included in the Fortune Global 500 and Fortune 500 rankings.
Analyst rating summary
A current read on analyst sentiment from the insight feed.
Mean target
$103
9
Hold
/ 13
Recent calls
07/17/2026
Morgan Stanley
Bob Huang
Sell · Price target $92.00
07/15/2026
Wells Fargo
Wesley Carmichael
Sell · Price target $103
07/16/2026
KBW
Ryan Krueger
Hold · Price target $113
Ticker holders
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Holder directory
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#1Ro Khanna
democrat · House · CA-17
- Buy$1,000 / $8,000 / $15,000
- Sell$1,001 / $8,001 / $15,000
- Sell$1,000 / $8,000 / $15,000
- Buy$1,000 / $8,000 / $15,000
- Buy$1,000 / $8,000 / $15,000
#2Dan Newhouse
republican · House · WA-4
- Buy$15,001 / $32,501 / $50,000
#3Lloyd K. Smucker
republican · House · PA-11
- Sell$1,001 / $8,001 / $15,000
#4Lois Frankel
democrat · House · FL-22
#5Ro Khanna
democrat · House · CA-17
#6Donald J Trump
republican · Executive
#7Angus King
independent · Senate · ME
#8Gilbert Cisneros
democrat · House · CA-31
- Sell$1,001 / $8,001 / $15,000
- Buy$1,001 / $8,001 / $15,000
#9Bennie Thompson
democrat · House · MS-2
#10Maria Elvira
republican · House
#11Harriet Hageman
republican · House · WY-1
#12Julie Johnson
democrat · House · TX-32
#13Jefferson Shreve
republican · House · IN-6
- Sell$15,001 / $32,501 / $50,000
Market action
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