Principal Financial GroupPFG
PFG
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: 19,700
0
Funds holding %
of 7,139 funds
0
Analysts bullish %
of 8 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
132% more call options, than puts
Call options by funds: $20.2M | Put options by funds: $8.69M
50% more funds holding in top 10
Funds holding in top 10: 2 [Q3] → 3 (+1) [Q4]
8% more first-time investments, than exits
New positions opened: 84 | Existing positions closed: 78
0.21% more ownership
Funds ownership: 70.47% [Q3] → 70.68% (+0.21%) [Q4]
4% less repeat investments, than reductions
Existing positions increased: 258 | Existing positions reduced: 268
2% less funds holding
Funds holding: 770 [Q3] → 751 (-19) [Q4]
5% less capital invested
Capital invested by funds: $14B [Q3] → $13.3B (-$729M) [Q4]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$74
12%
downside
Avg. target
$87
3%
upside
High target
$93
10%
upside
8 analyst ratings
2 positive
25%
3 neutral
38%
3 negative
38%
Wells Fargo Elyse Greenspan 68% 1-year accuracy 77 / 114 met price target | 12%downside $74 | Underweight Maintained | 19 Feb 2025 |
Keefe, Bruyette & Woods Ryan Krueger 86% 1-year accuracy 18 / 21 met price target | 9%upside $92 | Market Perform Maintained | 12 Feb 2025 |
Piper Sandler John Barnidge 71% 1-year accuracy 34 / 48 met price target | 10%upside $93 | Overweight Maintained | 10 Feb 2025 |
Barclays Alex Scott 48% 1-year accuracy 37 / 77 met price target | 5%downside $80 | Underweight Maintained | 7 Feb 2025 |
BMO Capital Jack Matten 75% 1-year accuracy 3 / 4 met price target | 10%upside $93 | Market Perform Initiated | 23 Jan 2025 |
Financial journalist opinion
Based on 10 articles about PFG published over the past 30 days
Positive
Zacks Investment Research
2 weeks ago
Are You Looking for a High-Growth Dividend Stock?
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?
Neutral
Seeking Alpha
2 weeks ago
Principal Financial Group, Inc. (PFG) Q4 2024 Earnings Call Transcript
Principal Financial Group, Inc. (NASDAQ:PFG ) Q4 2024 Earnings Conference Call February 7, 2025 9:00 AM ET Company Participants Humphrey Lee – Vice President, Investor Relations Deanna Strable – Chief Executive Officer Joel Pitz – Interim Chief Financial Officer Kamal Bhatia – President and Chief Executive Officer-Principal Asset Management Chris Littlefield – President, Retirement and Income Solutions Amy Friedrich – President, Benefits and Protection Conference Call Participants Ryan Krueger – KBW Joel Hurwitz – Dowling & Partners Wilma Burdis – Raymond James Alex Scott – Barclays Jimmy Bhullar – JPMorgan Jack Matten – BMO Capital Markets John Barnidge – Piper Sandler Suneet Kamath – Jefferies Operator Good morning and welcome to the Principal Financial Group Fourth Quarter 2024 Financial Results and 2025 Outlook Conference Call. There will be a question-and-answer period after the speakers have completed their prepared remarks.
Positive
Zacks Investment Research
2 weeks ago
Principal Financial Q4 Earnings Miss, Revenues Up Y/Y, Dividend Raised
PFG's Q4 results reflect reduced expenses, improved performances across Specialty Benefits, Benefits and Protection and Investment Management segments.
Positive
Zacks Investment Research
2 weeks ago
Principal Financial (PFG) Reports Q4 Earnings: What Key Metrics Have to Say
The headline numbers for Principal Financial (PFG) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Negative
Zacks Investment Research
2 weeks ago
Principal Financial (PFG) Q4 Earnings Lag Estimates
Principal Financial (PFG) came out with quarterly earnings of $1.94 per share, missing the Zacks Consensus Estimate of $1.95 per share. This compares to earnings of $1.83 per share a year ago.
Neutral
Business Wire
2 weeks ago
Principal Financial Group Announces Full Year and Fourth Quarter 2024 Results as well as 2025 Outlook
DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) announced results for full year and fourth quarter 2024. Diluted earnings per common share 2024 4Q24 Net income attributable to PFG (in millions) 2024 4Q24 Net income attributable to PFG $6.68 $3.92 Net income attributable to PFG $1,571 $905 Non-GAAP net income attributable to PFG, excluding exited business1 $6.40 $1.53 Non-GAAP net income attributable to PFG, excluding exited business1 $1,505 $354 Non-GAAP operat.
Positive
Zacks Investment Research
2 weeks ago
Q4 Showdown: Can These 4 Insurance Stocks Beat the Estimates?
The insurance industry is expected to benefit from rising premiums, growing demand and product redesign.
Positive
Zacks Investment Research
2 weeks ago
Countdown to Principal Financial (PFG) Q4 Earnings: Wall Street Forecasts for Key Metrics
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Principal Financial (PFG), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.
Positive
Zacks Investment Research
2 weeks ago
Principal Financial to Report Q4 Earnings: Is a Beat in Store?
PFG's Q4 results are likely to reflect a rise in fee revenues, higher yields, favorable market performance and higher sales of single premium group annuities.
Positive
Zacks Investment Research
3 weeks ago
Principal Financial (PFG) Earnings Expected to Grow: Should You Buy?
Principal Financial (PFG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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