Healthcare of Ontario Pension Plan Trust Fund Buys 362,028 Shares of Principal Financial Group, Inc. $PFG

Posted by Stanley Muller on Jul 26th, 2026

Healthcare of Ontario Pension Plan Trust Fund grew its stake in shares of Principal Financial Group, Inc. (NASDAQ:PFG – Free Report) by 157.5% during the first quarter, Holdings Channel reports. The institutional investor owned 591,931 shares of the company’s stock after buying an additional 362,028 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Principal Financial Group were worth $53,339,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in PFG. Hilltop Holdings Inc. lifted its holdings in Principal Financial Group by 23.5% during the first quarter. Hilltop Holdings Inc. now owns 8,707 shares of the company’s stock valued at $785,000 after purchasing an additional 1,657 shares in the last quarter. Compound Planning Inc. boosted its position in shares of Principal Financial Group by 9.5% in the first quarter. Compound Planning Inc. now owns 3,075 shares of the company’s stock worth $277,000 after purchasing an additional 267 shares during the period. Sei Investments Co. increased its stake in shares of Principal Financial Group by 16.6% in the first quarter. Sei Investments Co. now owns 48,184 shares of the company’s stock worth $4,342,000 after purchasing an additional 6,872 shares in the last quarter. Lido Advisors LLC increased its stake in shares of Principal Financial Group by 14.9% in the first quarter. Lido Advisors LLC now owns 6,664 shares of the company’s stock worth $601,000 after purchasing an additional 863 shares in the last quarter. Finally, Cetera Investment Advisers raised its position in shares of Principal Financial Group by 20.0% during the 1st quarter. Cetera Investment Advisers now owns 131,728 shares of the company’s stock valued at $11,870,000 after purchasing an additional 21,999 shares during the period. 75.08% of the stock is currently owned by institutional investors.

Principal Financial Group Price Performance

Shares of NASDAQ:PFG opened at $109.40 on Friday. The firm has a market cap of $23.63 billion, a price-to-earnings ratio of 15.65, a P/E/G ratio of 1.05 and a beta of 0.88. The firm has a fifty day moving average price of $108.14 and a 200 day moving average price of $98.37. Principal Financial Group, Inc. has a fifty-two week low of $75.00 and a fifty-two week high of $114.90. 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 announced its quarterly earnings results on Wednesday, April 29th. The company reported $2.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.01 by $0.06. The company had revenue of $3.53 billion for the quarter, compared to the consensus estimate of $4.11 billion. Principal Financial Group had a net margin of 10.10% and a return on equity of 16.25%. During the same period in the previous year, the firm posted $1.81 EPS. As a group, sell-side analysts expect that Principal Financial Group, Inc. will post 9.45 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on PFG shares. Raymond James Financial cut shares of Principal Financial Group from a “strong-buy” rating to an “outperform” rating and lifted their target price for the company from $99.00 to $111.00 in a research note on Tuesday, May 19th. Citigroup lowered Principal Financial Group from a “sell” rating to an “underperform” rating in a research note on Wednesday, June 24th. Jefferies Financial Group raised their price target on Principal Financial Group from $91.00 to $98.00 and gave the company a “hold” rating in a report on Friday, July 10th. Barclays boosted their price objective on Principal Financial Group from $87.00 to $92.00 and gave the company an “underweight” rating in a research report on Tuesday, July 7th. Finally, Morgan Stanley upped their price objective on Principal Financial Group from $107.00 to $112.00 and gave the stock an “equal weight” rating in a research note on Monday, July 6th. Three investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $105.00.

Check Out Our Latest Research Report on PFG

Insider Activity

In related news, General Counsel George Djurasovic sold 2,571 shares of the stock in a transaction that occurred on Tuesday, April 28th. The stock was sold at an average price of $100.83, for a total transaction of $259,233.93. Following the completion of the transaction, the general counsel directly owned 21,906 shares of the company’s stock, valued at approximately $2,208,781.98. This represents a 10.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Wee Yee Cheong sold 9,183 shares of the stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $101.26, for a total value of $929,870.58. Following the transaction, the insider directly owned 77,188 shares of the company’s stock, valued at approximately $7,816,056.88. The trade was a 10.63% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 28,317 shares of company stock valued at $2,884,902 in the last three months. Insiders own 1.13% of the company’s stock.

Principal Financial Group Profile

(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.