Auto-Owners Insurance 13F: Exits Truist Financial (TFC) Stake

Auto-Owners Insurance completely closed out its investment in Truist Financial Corporation TFC on NYSE, according to a Form 13F filing on October 15, 2026. Because 13F filings look backward at a prior period, this report shows the fund's positioning at that time and may not reflect its current holdings today.

Inside Auto-Owners Insurance's Truist Financial Trade

Auto-Owners Insurance sold its entire stake, getting rid of all 288,000 shares it previously held. This complete exit wiped out the position entirely, reducing the share count from 288,000 down to zero.

Other Institutional Activity in Truist Financial

Other large money managers made different moves with the regional bank during the same reporting window. Blackrock Inc. grew its holdings by 1,219,363 shares, ending with 99,555,076 shares worth about $4,686,057,396. Capital International Investors added 8,831,244 shares to finish with 93,340,762 shares valued at approximately $4,393,549,638. Vanguard Capital Management LLC cut back slightly, trimming its position by 187,450 shares to hold 81,312,502 shares worth about $3,827,379,444. State Street Corporation lifted its stake by 500,453 shares, closing the period with 58,692,619 shares worth roughly $2,762,661,558. Vanguard Portfolio Management LLC made a much larger addition, boosting its holdings by 17,792,681 shares for a total of 41,888,944 shares valued at about $1,971,712,581.

Truist Financial Corporation Stock Up 4.0%

Truist Financial recently traded around $47.41 as of October 16, 2026. The stock sits about 3.8% below its 50-day moving average of $49.28 and roughly 4.4% below its 200-day moving average of $49.61. Shares are trading 15.6% below their 52-week high of $56.20 and 14.0% above their 52-week low of $41.60.

Recent Earnings

For its trailing twelve months, Truist Financial generated $19,028,007,680 in revenue and posted earnings of $4.35 per share. The company operates with a net profit margin of 30.7% and a return on equity of 9.1%, alongside an 8.2% year-over-year revenue growth rate.

Dividend

Truist Financial offers an annual dividend yield of 4.47%, backed by a dividend payout ratio of 47.8%.

Insider Buying and Selling at Truist Financial Corporation

Company insiders made several stock sales prior to the filing date. On February 2, 2026, officer Cynthia B Powell sold 3,500 shares at $52.49 for a total value of $183,715. Chief Executive Officer William H Rogers Jr sold 13,250 shares on July 20, 2026, at $52.36 for $693,810. Director K David Boyer Jr sold 3,986 shares on July 23, 2026, at $50.70 for $202,090. Later, on July 31, 2026, officer Donta L Wilson sold 13,280 shares at $51.85 for $688,618.

Analysts Set New Price Targets

Wall Street analysts have mixed views on the stock, which holds a consensus recommendation of hold across 19 opinions with a mean price target of $54.03. On July 21, 2026, Stephens & Co. maintained its Overweight rating and lowered its target from $59.00 to $57.00. JP Morgan maintained an Underweight rating on July 29, 2026, lifting its target from $53.00 to $54.00. Evercore ISI Group maintained an Outperform rating on October 1, 2026, cutting its target from $56.00 to $54.00. JP Morgan maintained an Underweight rating on October 2, 2026, lowering its target from $54.00 to $50.50. Finally, UBS maintained a Neutral rating on October 5, 2026, reducing its target from $55.00 to $50.00.

About Truist Financial

Truist Financial Corporation is a financial services holding company based in Charlotte, North Carolina. It provides consumer and small business banking, wholesale banking, and trust services across the Southeastern and Mid-Atlantic regions of the United States. The firm offers a wide selection of deposit accounts, loans, and wealth management solutions to its customers.

Bottom Line

Auto-Owners Insurance no longer holds any shares of Truist Financial following this complete exit. Investors should monitor future SEC filings and upcoming earnings reports to track how other major institutions adjust their positions in the regional bank moving forward.