Principal Financial Group (NASDAQ:PFG) Stock Gets Price Target Trim from Piper Sandler

Posted by Geri Gentry on Oct 31st, 2026

Principal Financial Group (NASDAQ:PFG – Free Report) had its price objective lowered by Piper Sandler from $128.00 to $125.00 in a research note released on Wednesday morning,Benzinga reports. The brokerage currently has an overweight rating on the stock.

Other research analysts have also recently issued research reports about the stock. Morgan Stanley upped their target price on shares of Principal Financial Group from $107.00 to $112.00 and gave the company an “equal weight” rating in a research report on Monday, July 6th. Weiss Ratings upgraded shares of Principal Financial Group from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, August 12th. Keefe, Bruyette & Woods lowered their price objective on shares of Principal Financial Group from $117.00 to $115.00 and set a “market perform” rating for the company in a research report on Friday, October 9th. Barclays cut their target price on Principal Financial Group from $92.00 to $86.00 and set an “underweight” rating on the stock in a research report on Wednesday, October 7th. Finally, Wells Fargo & Company cut their price objective on Principal Financial Group from $112.00 to $109.00 and set an “equal weight” rating on the stock in a report on Wednesday. Three equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $107.75.

Read Our Latest Analysis on PFG

Principal Financial Group Trading Down 1.8%

PFG opened at $111.63 on Wednesday. Principal Financial Group has a one year low of $80.00 and a one year high of $121.18. The stock has a market capitalization of $23.90 billion, a PE ratio of 12.40, a P/E/G ratio of 1.29 and a beta of 0.86. The business’s 50 day moving average price is $112.15 and its 200 day moving average price is $103.47. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.28 and a current ratio of 0.24.

Principal Financial Group (NASDAQ:PFG – Get Free Report) last posted its earnings results on Thursday, October 29th. The company reported $2.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.46 by ($0.24). Principal Financial Group had a return on equity of 16.51% and a net margin of 11.89%. The business had revenue of $4.62 billion for the quarter, compared to analyst estimates of $4.31 billion. During the same period last year, the business earned $2.32 EPS. As a group, equities research analysts expect that Principal Financial Group will post 9.27 EPS for the current year.

Principal Financial Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 18th. Shareholders of record on Wednesday, December 2nd will be given a $0.85 dividend. The ex-dividend date of this dividend is Wednesday, December 2nd. This represents a $3.40 dividend on an annualized basis and a dividend yield of 3.0%. This is a boost from Principal Financial Group’s previous quarterly dividend of $0.84. Principal Financial Group’s payout ratio is currently 37.78%.

Hedge Funds Weigh In On Principal Financial Group

Large investors have recently bought and sold shares of the stock. Ancora Advisors LLC acquired a new stake in shares of Principal Financial Group during the 2nd quarter valued at $27,000. Valley Wealth Managers Inc. acquired a new position in Principal Financial Group in the first quarter worth approximately $27,000. Bell Investment Advisors Inc acquired a new stake in shares of Principal Financial Group in the second quarter worth about $38,000. Signature Equity Partners LLC boosted its holdings in shares of Principal Financial Group by 5,733.3% during the 1st quarter. Signature Equity Partners LLC now owns 350 shares of the company’s stock worth $32,000 after buying an additional 344 shares during the period. Finally, Comprehensive Financial Planning Inc. PA acquired a new stake in Principal Financial Group in the 2nd quarter valued at approximately $41,000. Institutional investors and hedge funds own 75.08% of the company’s stock.

About Principal Financial Group

(Get Free Report)

Principal Financial Group, Inc is a global financial services company that helps individuals and businesses build, protect and manage wealth. Its offerings include retirement plans, individual retirement accounts, investment products, life and disability insurance, and financial wellness solutions. The company also provides institutional investment management and pension-risk transfer services.

Principal serves employers, institutions and individual investors through a range of retirement and workplace benefits solutions.