Legal & General Group Plc Increases Stake in Prudential Financial, Inc.

The U.K. financial services firm added over 62,000 shares of the U.S. insurance provider in Q3 2025.

Mar. 12, 2026 at 10:21am

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Legal & General Group Plc, a major U.K. financial services company, increased its holdings in shares of Prudential Financial, Inc. (NYSE:PRU) by 2.4% during the third quarter of 2025, according to a recent SEC filing. The firm now owns approximately 2.7 million shares of the U.S. insurance and financial services provider, worth an estimated $280 million.

Why it matters

Prudential Financial is one of the largest insurance and financial services companies in the United States, with a diverse range of products and services. Legal & General's increased stake in the company signals confidence in Prudential's long-term growth prospects, as the U.K. firm looks to expand its global footprint.

The details

According to the SEC filing, Legal & General Group Plc purchased an additional 62,366 shares of Prudential Financial during the third quarter, bringing its total ownership to approximately 0.77% of the company's outstanding stock. The move comes as Prudential Financial has seen its share price fluctuate in recent quarters, with the stock trading between $90 and $120 over the past year.

  • Legal & General Group Plc filed the SEC report disclosing the stake increase on March 12, 2026.
  • The additional 62,366 shares were purchased by Legal & General during the third quarter of 2025.

The players

Legal & General Group Plc

A major U.K. financial services company that provides insurance, pension management, and other investment products globally.

Prudential Financial, Inc.

A diversified financial services company headquartered in Newark, New Jersey, providing insurance, retirement, and investment products in the United States and internationally.

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The takeaway

Legal & General's increased stake in Prudential Financial suggests the U.K. firm sees long-term value in the U.S. insurance provider, even as Prudential's stock has experienced some volatility. This move highlights the global appeal of major American financial services companies like Prudential.