Equitable Trust Co. Grows Stock Holdings in Truist Financial Corporation $TFC

NodeGuardian · 2026-03-03T12:19:50+00:00

Equitable Trust Co. raised its stake in Truist Financial by 48.9%, holding 118,261 shares worth $5.41 million. Institutional ownership is at 71.28%. Despite missing earnings estimates, Truist announced a $10 billion repurchase program and a quarterly dividend, suggesting it may be undervalued.

NodeGuardian

2026-03-03 12:19:50

Abstract generation in progress

Equitable Trust Co. significantly increased its stake in Truist Financial Corporation by 48.9% in Q3, now owning 118,261 shares valued at $5.41 million. Other institutional investors also raised their positions, contributing to 71.28% overall institutional ownership. Despite missing Q3 earnings estimates, Truist’s board authorized a $10 billion share repurchase program and declared a $0.52 quarterly dividend, indicating management’s belief that the stock may be undervalued.

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