Prudential Shares Tumble 1.6 as Trading Volume Jumps 86 to Top 500 Rank Amid PGIMs $1.44T AUM Surge

Prudential Financial (PRU) fell 1.60% on July 30, with trading volume surging 86.18% to $0.27 billion. The firm reported Q2 2025 net income of $533 million ($1.48/share), down from $1.198 billion ($3.28/share) a year earlier. Adjusted operating income rose to $1.284 billion ($3.58/share), reflecting higher asset management fees at PGIM, which saw assets under management grow to $1.441 trillion, up 8% year-over-year. Shareholder returns totaled $735 million, including $250 million in buybacks and $485 million in dividends, maintaining a 5.6% yield on adjusted book value. CEO Andy Sullivan highlighted progress in integrating PGIM’s multi-manager model into a unified platform, aiming to enhance private credit offerings and cross-selling opportunities.

Non-GAAP metrics showed mixed performance. U.S. businesses reported $955 million in adjusted operating income, down from $1.023 billion, due to lower fees and distribution costs. International operations rose to $761 million, driven by Japan’s retirement product growth. Corporate & Other posted a $280 million loss, narrowing from $371 million. Net income was weighed by $516 million in pre-tax investment losses, including $426 million from market risk benefits. Sullivan emphasized disciplined execution amid macroeconomic challenges, noting robust financial strength and strategic alignment to drive long-term value.

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