Principal Financial Group (NASDAQ:PFG) Insider Wee Yee Cheong Sells 7,534 Shares of Stock

Posted by Stanley Muller on May 23rd, 2026

Principal Financial Group, Inc. (NASDAQ:PFG – Get Free Report) insider Wee Yee Cheong sold 7,534 shares of the company’s stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $103.16, for a total value of $777,207.44. Following the sale, the insider owned 66,443 shares of the company’s stock, valued at $6,854,259.88. The trade was a 10.18% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Wee Yee Cheong also recently made the following trade(s):

On Wednesday, May 20th, Wee Yee Cheong sold 3,211 shares of Principal Financial Group stock. The stock was sold at an average price of $103.06, for a total transaction of $330,925.66.
On Thursday, April 30th, Wee Yee Cheong sold 4,737 shares of Principal Financial Group stock. The stock was sold at an average price of $101.01, for a total transaction of $478,484.37.
On Friday, May 1st, Wee Yee Cheong sold 9,183 shares of Principal Financial Group stock. The stock was sold at an average price of $101.26, for a total transaction of $929,870.58.
On Wednesday, April 29th, Wee Yee Cheong sold 1,080 shares of Principal Financial Group stock. The stock was sold at an average price of $101.00, for a total transaction of $109,080.00.

Principal Financial Group Stock Down 0.1%

Shares of NASDAQ:PFG opened at $103.85 on Friday. The company has a market capitalization of $22.43 billion, a PE ratio of 14.86, a price-to-earnings-growth ratio of 0.98 and a beta of 0.89. Principal Financial Group, Inc. has a 52-week low of $75.00 and a 52-week high of $104.68. The company has a fifty day moving average of $94.61 and a 200-day moving average of $91.32. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.27 and a current ratio of 0.27.

Principal Financial Group (NASDAQ:PFG – Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $2.07 earnings per share for the quarter, beating analysts’ consensus estimates of $2.01 by $0.06. The business had revenue of $3.53 billion during the quarter, compared to the consensus estimate of $4.11 billion. Principal Financial Group had a return on equity of 16.25% and a net margin of 10.10%.During the same period in the prior year, the business posted $1.81 earnings per share. On average, equities analysts predict that Principal Financial Group, Inc. will post 9.36 EPS for the current fiscal year.

Principal Financial Group Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Monday, June 1st will be given a dividend of $0.82 per share. This is a boost from Principal Financial Group’s previous quarterly dividend of $0.80. The ex-dividend date of this dividend is Monday, June 1st. This represents a $3.28 dividend on an annualized basis and a dividend yield of 3.2%. Principal Financial Group’s payout ratio is currently 45.78%.

Institutional Investors Weigh In On Principal Financial Group

Several large investors have recently modified their holdings of the stock. Prosperity Consulting Group LLC boosted its holdings in Principal Financial Group by 1.6% in the 1st quarter. Prosperity Consulting Group LLC now owns 6,921 shares of the company’s stock worth $624,000 after buying an additional 111 shares during the period. Aptus Capital Advisors LLC boosted its holdings in Principal Financial Group by 3.5% in the 3rd quarter. Aptus Capital Advisors LLC now owns 3,444 shares of the company’s stock valued at $286,000 after purchasing an additional 118 shares during the period. Blue Trust Inc. boosted its holdings in Principal Financial Group by 14.8% in the 1st quarter. Blue Trust Inc. now owns 921 shares of the company’s stock valued at $83,000 after purchasing an additional 119 shares during the period. Parallel Advisors LLC boosted its holdings in Principal Financial Group by 7.6% in the 4th quarter. Parallel Advisors LLC now owns 1,686 shares of the company’s stock valued at $149,000 after purchasing an additional 119 shares during the period. Finally, Beacon Financial Group boosted its holdings in Principal Financial Group by 2.8% in the 1st quarter. Beacon Financial Group now owns 4,451 shares of the company’s stock valued at $401,000 after purchasing an additional 120 shares during the period. Hedge funds and other institutional investors own 75.08% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on PFG. Morgan Stanley increased their price objective on shares of Principal Financial Group from $95.00 to $107.00 and gave the company an “equal weight” rating in a research note on Thursday. Raymond James Financial lowered shares of Principal Financial Group from a “strong-buy” rating to an “outperform” rating and increased their price objective for the company from $99.00 to $111.00 in a research note on Tuesday. UBS Group increased their price objective on shares of Principal Financial Group from $92.00 to $94.00 and gave the company a “neutral” rating in a research note on Thursday, April 9th. Barclays increased their price objective on shares of Principal Financial Group from $85.00 to $87.00 and gave the company an “underweight” rating in a research note on Friday, April 24th. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $92.00 price objective on shares of Principal Financial Group in a research note on Thursday, March 26th. Three analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $98.10.

View Our Latest Analysis on PFG

Principal Financial Group Company Profile

(Get Free Report)

Principal Financial Group (NASDAQ: PFG) is a global financial services company headquartered in Des Moines, Iowa, that provides a range of retirement, investment and insurance solutions to individuals, employers and institutional clients. The firm’s business is organized around retirement services, asset management, and insurance products designed to help clients plan, invest for, and protect income over the long term.

Principal’s product and service offerings include retirement plan recordkeeping and administration for employer-sponsored plans, individual and group retirement annuities, life and disability insurance, employee benefits solutions, and wealth management services.