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Stocks•11 February 2026•

1 min read

Midwest Trust Co Boosts Stake in Truist Financial to Over $13 Million

A man in a suit in front of a financial dashboard, with American Express logos, a credit card, gold, and oil derricks on a golden background.

Midwest Trust Co has significantly increased its holdings in Truist Financial Corporation ($TFC), acquiring an additional 28,611 shares. This latest purchase brings the firm's total stake in TFC to 287,262 shares, now valued at over $13 million. The move reflects ongoing portfolio adjustments by institutional investors. Despite this increase, financial analysts maintain a consensus "Hold" rating for TFC, with an average target price set at $55.60. This institutional buying occurs even as some insider sales from TFC's CFO and a director were recently reported. The overall market impact on TFC shares is assessed as neutral, given the mixed signals.

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