Principal Financial Group
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
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 7 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
57% more call options, than puts
Call options by funds: $26.5M | Put options by funds: $16.9M
5% more capital invested
Capital invested by funds: $13.4B [Q2] → $14B (+$637M) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]
6% less first-time investments, than exits
New positions opened: 78 | Existing positions closed: 83
2% less funds holding
Funds holding: 784 [Q2] → 767 (-17) [Q3]
2.33% less ownership
Funds ownership: 72.8% [Q2] → 70.47% (-2.33%) [Q3]
13% less repeat investments, than reductions
Existing positions increased: 250 | Existing positions reduced: 286
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$69
16%
downside
Avg. target
$84
2%
upside
High target
$92
11%
upside
7 analyst ratings
2 positive
29%
2 neutral
29%
3 negative
43%
RBC Capital Scott Heleniak 79% 1-year accuracy 42 / 53 met price target | 10%upside $91 | Sector Perform Reiterated | 21 Jan 2025 |
Wells Fargo Elyse Greenspan 69% 1-year accuracy 72 / 105 met price target | 16%downside $69 | Underweight Maintained | 14 Jan 2025 |
Keefe, Bruyette & Woods Ryan Krueger 94% 1-year accuracy 16 / 17 met price target | 9%upside $90 | Market Perform Maintained | 10 Jan 2025 |
JP Morgan Jimmy Bhullar 57% 1-year accuracy 21 / 37 met price target | 11%upside $92 | Overweight Upgraded | 7 Jan 2025 |
Piper Sandler John Barnidge 78% 1-year accuracy 31 / 40 met price target | 9%upside $90 | Overweight Upgraded | 18 Dec 2024 |
Financial journalist opinion
Based on 4 articles about PFG published over the past 30 days
Neutral
Business Wire
5 days ago
Amy Friedrich to Speak at 2025 UBS Financial Services Conference
DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) announced today that Amy Friedrich, president, Benefits & Protection, will participate in a fireside chat at the UBS Financial Services Conference on Monday, February 10, 2025, beginning at approximately 11:20 a.m. Eastern Time. Friedrich will participate in a question-and-answer session covering a variety of industry and company topics. The fireside chat will be available live at principal.com/investor via audio we.
Neutral
Business Wire
1 week ago
Principal Financial Group to Hold Combined Earnings and Outlook Call
DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) announced today that it will release fourth quarter and full year 2024 financial results and the company's outlook for 2025 after U.S. markets close on Thursday, February 6, 2025. On Friday, February 7, 2025, at 9 a.m. ET, Deanna Strable, president and chief executive officer, and Joel Pitz, interim chief financial officer, will discuss the results and the 2025 outlook during a live conference call. Additional members o.
Neutral
Business Wire
1 week ago
Principal® to Host World Cancer Day Event Featuring ESPN's V Foundation CEO
DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® invites community members to its global headquarters in Des Moines on World Cancer Day, Thursday, February 4, for an educational event with the V Foundation for Cancer Research. The event will feature a keynote from Shane Jacobson, V Foundation Chief Executive Officer and Susanna Greer, Ph.D., V Foundation Chief Scientific Officer, as they provide education on the importance of cancer research, its impact on everyday health and welln.
Positive
Zacks Investment Research
1 week ago
Reasons Why Investors Should Retain Principal Financial Stock Now
PFG gains from strategic acquisitions, favorable growth estimates, financial stability and effective capital deployment.
Positive
Benzinga
1 month ago
Top 3 Financial Stocks Which Could Rescue Your Portfolio For December
The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies.
Positive
Zacks Investment Research
1 month ago
PFG Stock Lags Industry YTD: Should Investors Hold or Fold?
Principal Financial remains poised to gain from new business opportunities, favorable growth estimates, favorable return on capital, financial stability and effective capital deployment.
Positive
Seeking Alpha
1 month ago
14 Upcoming Dividend Increases, Including A King
Happy Thanksgiving! Enjoy the holiday season and dividend raises. Fourteen companies increased dividends this week, with Lancaster Colony extending its 62-year streak by 5.6%. The average dividend increase is 5.5%, and McDonald's will become a dividend king next year with a 49-year streak. My strategy involves buying, holding, and adding to companies that consistently increase dividends and beat benchmarks, using data from U.S. Dividend Champions and NASDAQ.
Neutral
Business Wire
1 month ago
Principal® Appoints Lisa Coulson to Lead Human Resources
DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) today announced Lisa Coulson as the company's next chief human resources officer and senior vice president, effective Nov. 30, 2024. Coulson steps into the role after 17 years with Principal and significant experience helping companies align talent strategy with business objectives and customer needs. “Lisa brings extensive experience across crucial talent functions including leader development, change management, and w.
Positive
Seeking Alpha
2 months ago
Principal Financial Upgraded As Growth Indicators And 3% Yield Looks Positive
Principal Financial gets upgraded to a buy, as it shows growth indicators that could drive its insurance premiums and fees revenue, along with positive EPS guidance. Its 3% dividend yield is competitive among its peer group. With strong credit ratings from major agencies, and a low debt-to-equity, the firm has a lower risk profile.
Neutral
Business Wire
2 months ago
Principal® names Deanna Strable next president and CEO
DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) today announced the Board of Directors has appointed president and chief operating officer Deanna Strable as the company's next president and chief executive officer, effective January 7, 2025. Strable succeeds Dan Houston, who will continue to serve as executive chair of the Board. “I'm incredibly proud of the company we have built, the culture of care and expertise developed, and our unwavering commitment to clients.
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