Principal Financial Group
PFG

$77.53

2.72%

Market Cap: $18B

About: Principal Financial Group Inc is a leader in Global investment management offering businesses, individuals and institutional clients a wide range of financial products and services, including retirement, asset management and insurance through diverse family of financial services companies. It operates in four business segments that are Retirement and Income Solutions, Principal Global Investors, Principal International, and United States Insurance Solutions. The company receives maximum revenue in the form of premiums.

Employees: 19,800

Financials Accident & Health Insurance

0

Funds holding %

of 6,686 funds

0

Analysts bullish %

of 11 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

46% more first-time investments, than exits

New positions opened: 92 | Existing positions closed: 63

11% more repeat investments, than reductions

Existing positions increased: 279 | Existing positions reduced: 251

4% more funds holding

Funds holding: 748 [Q1] → 777 (+29) [Q2]

3% more call options, than puts

Call options by funds: $13.5M | Put options by funds: $13.1M

0% more funds holding in top 10

Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]

0.02% less ownership

Funds ownership: 70.59% [Q1] → 70.57% (-0.02%) [Q2]

10% less capital invested

Capital invested by funds: $14.4B [Q1] → $13B (-$1.38B) [Q2]

See Fund Rankings

Research analyst outlook

11 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$70

10%

downside

Avg. target

$84

9%

upside

High target

$99

28%

upside

11 analyst ratings

1 positive

9%

8 neutral

73%

2 negative

18%

Barclays Alex Scott 89% 1-year accuracy 33 / 37 met price target	5%downside $74	Underweight Initiated	4 Sept 2024
Morgan Stanley Bob Huang 100% 1-year accuracy 6 / 6 met price target	7%upside $83	Equal-Weight Maintained	19 Aug 2024
Keefe, Bruyette & Woods Ryan Krueger 100% 1-year accuracy 13 / 13 met price target	11%upside $86	Market Perform Maintained	30 Jul 2024
RBC Capital Scott Heleniak 94% 1-year accuracy 45 / 48 met price target	12%upside $87	Sector Perform Maintained	29 Jul 2024
Wells Fargo Edward Kelly 33% 1-year accuracy 6 / 18 met price target	10%upside $85	Equal-Weight Maintained	29 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 4 articles about PFG published over the past 30 days

10 ‘enhanced value' stocks of companies expected to grow quickly through 2026

A narrowly focused screen of value stocks highlights stocks trading cheaply to book value, sales and earnings, but which are also expected to increase sales per share rapidly

10 ‘enhanced value' stocks of companies expected to grow quickly through 2026

2024 Principal® Charity Classic raised record $8.6 million for Iowa youth

DES MOINES, Iowa--(BUSINESS WIRE)--The Principal® Charity Classic today announced its 2024 tournament raised a record $8.6 million in support of Iowa youth. The annual PGA TOUR Champions event in Des Moines has now raised $62 million for Iowa children's charities since Principal Financial Group® became the title sponsor in 2007. Watch the 2024 charitable highlight video here. “2024 was an exciting and successful year for the Principal Charity Classic. The renovation of the course made for great.

2024 Principal® Charity Classic raised record $8.6 million for Iowa youth

15 Upcoming Dividend Increases Including A King

This week, 15 companies, including Dividend King Stanley Black & Decker, are set to increase dividends, with SWK extending its 57-year streak by 1.2%. My strategy focuses on buying, holding, and adding companies that consistently increase dividends and outperform benchmarks, using SCHD as a performance gauge. The list of dividend increases is curated by merging data from the "U.S. Dividend Champions" spreadsheet and NASDAQ, emphasizing companies with at least five years of dividend growth.

15 Upcoming Dividend Increases Including A King

Principal® names Deanna Strable President and Chief Operating Officer

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) today announced that Deanna Strable, executive vice president and current chief financial officer, is named president and chief operating officer. Dan Houston will continue to serve as CEO and Chairman of the Board. “Deanna has been instrumental in driving strategy, financial results, and operations to enable Principal to grow and continue to create value for our customers, shareholders, and employees,” said Houston. “H.

Principal® names Deanna Strable President and Chief Operating Officer

CFO Deanna Strable to Speak at 2024 KBW Insurance Conference

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) announced today that Deanna Strable, executive vice president and chief financial officer, will participate in a fireside chat at the KBW Insurance Conference on Thursday, September 5, 2024, beginning at approximately 3:05 p.m. Eastern Time. Strable will participate in a question-and-answer session covering a variety of industry and company specific topics. The fireside chat will be available live at principal.com/inves.

CFO Deanna Strable to Speak at 2024 KBW Insurance Conference

Principal Financial Group, Inc. (PFG) Q2 2024 Earnings Call Transcript

Principal Financial Group, Inc. (NASDAQ:PFG ) Q2 2024 Earnings Conference Call July 26, 2024 10:00 AM ET Company Participants Humphrey Lee - Vice President, Investor Relations Daniel Houston - Chairman, President and Chief Executive Officer Deanna Strable - Executive Vice President and Chief Financial Officer Christopher Littlefield - President, Retirement and Income Solutions Kamal Bhatia - President and Chief Executive Officer, Principal Asset Management Conference Call Participants Joel Hurwitz - Dowling & Partners Ryan Krueger - KBW Wesley Carmichael - Autonomous Research Jimmy Bhullar - JPMorgan John Barnidge - Piper Sandler Elyse Greenspan - Wells Fargo Suneet Kamath - Jefferies Thomas Gallager - Evercore ISI Wilma Burdis - Raymond James Joshua Shanker - Bank of America Michael Ward - Citigroup Operator Good morning and welcome to the Principal Financial Group Second Quarter 2024 Financial Results Conference Call. There will be a question-and-answer period after the speakers have completed their prepared remarks.

Principal Financial Group, Inc. (PFG) Q2 2024 Earnings Call Transcript

Zacks Investment Research

Principal Financial (PFG) Could Be a Great Choice

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Principal Financial (PFG) have what it takes?

Principal Financial (PFG) Could Be a Great Choice

Zacks Investment Research

Principal Financial (PFG) Q2 Earnings Miss, Revenues Rise Y/Y

Principal Financial's (PFG) second-quarter results reflect higher revenues across most of the segments and improved asset under management, offset by escalating expenses.

Principal Financial (PFG) Q2 Earnings Miss, Revenues Rise Y/Y

Zacks Investment Research

Here's What Key Metrics Tell Us About Principal Financial (PFG) Q2 Earnings

While the top- and bottom-line numbers for Principal Financial (PFG) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Here's What Key Metrics Tell Us About Principal Financial (PFG) Q2 Earnings

Zacks Investment Research

Principal Financial (PFG) Misses Q2 Earnings Estimates

Principal Financial (PFG) came out with quarterly earnings of $1.63 per share, missing the Zacks Consensus Estimate of $1.87 per share. This compares to earnings of $1.53 per share a year ago.

Principal Financial (PFG) Misses Q2 Earnings Estimates

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