Healthcare of Ontario Pension Plan Trust Fund Buys 116,878 Shares of Principal Financial Group, Inc. $PFG

Posted by Brenda Bartman on Jun 16th, 2026

Healthcare of Ontario Pension Plan Trust Fund grew its stake in Principal Financial Group, Inc. (NASDAQ:PFG – Free Report) by 103.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 229,903 shares of the company’s stock after acquiring an additional 116,878 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Principal Financial Group were worth $20,280,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the stock. Clarity Asset Management Inc. boosted its holdings in Principal Financial Group by 71.3% in the fourth quarter. Clarity Asset Management Inc. now owns 2,119 shares of the company’s stock worth $187,000 after acquiring an additional 882 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of Principal Financial Group by 67.5% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 623,684 shares of the company’s stock worth $55,015,000 after purchasing an additional 251,251 shares during the last quarter. Atlas Capital Advisors Inc. purchased a new position in shares of Principal Financial Group in the fourth quarter worth $146,000. Aptus Capital Advisors LLC raised its stake in shares of Principal Financial Group by 21.7% in the fourth quarter. Aptus Capital Advisors LLC now owns 4,193 shares of the company’s stock worth $370,000 after purchasing an additional 749 shares during the last quarter. Finally, Kestra Advisory Services LLC raised its stake in shares of Principal Financial Group by 4.5% in the fourth quarter. Kestra Advisory Services LLC now owns 13,679 shares of the company’s stock worth $1,207,000 after purchasing an additional 592 shares during the last quarter. 75.08% of the stock is owned by institutional investors.

Principal Financial Group Stock Down 0.5%

Principal Financial Group stock opened at $110.59 on Tuesday. The stock has a market cap of $23.89 billion, a PE ratio of 15.82, a price-to-earnings-growth ratio of 1.05 and a beta of 0.88. 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, Inc. has a one year low of $75.00 and a one year high of $112.07. The stock has a fifty day moving average of $100.35 and a 200 day moving average of $93.88.

Principal Financial Group (NASDAQ:PFG – Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $2.07 EPS for the quarter, beating analysts’ consensus estimates of $2.01 by $0.06. The company had revenue of $3.53 billion during the quarter, compared to analysts’ expectations 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 quarter in the prior year, the business earned $1.81 earnings per share. As a group, sell-side analysts predict that Principal Financial Group, Inc. will post 9.36 EPS for the current year.

Principal Financial Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Monday, June 1st will be given a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a yield of 3.0%. This is a boost from Principal Financial Group’s previous quarterly dividend of $0.80. The ex-dividend date is Monday, June 1st. Principal Financial Group’s dividend payout ratio (DPR) is currently 46.92%.

Analysts Set New Price Targets

Several research firms have recently weighed in on PFG. Raymond James Financial cut Principal Financial Group from a “strong-buy” rating to an “outperform” rating and boosted their price target for the stock from $99.00 to $111.00 in a research note on Tuesday, May 19th. UBS Group boosted their price target on Principal Financial Group from $92.00 to $94.00 and gave the stock a “neutral” rating in a research note on Thursday, April 9th. Wells Fargo & Company decreased their price target on Principal Financial Group from $91.00 to $87.00 and set an “equal weight” rating for the company in a research note on Friday, April 10th. Bank of America decreased their price target on Principal Financial Group from $96.00 to $92.00 and set a “neutral” rating for the company in a research note on Tuesday, April 14th. Finally, Morgan Stanley boosted their price target on Principal Financial Group from $95.00 to $107.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 21st. Three research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Principal Financial Group presently has an average rating of “Hold” and an average target price of $98.10.

Read Our Latest Stock Analysis on Principal Financial Group

Insiders Place Their Bets

In related news, General Counsel George Djurasovic sold 2,571 shares of the company’s stock in a transaction 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 sale, the general counsel owned 21,906 shares in the company, valued at approximately $2,208,781.98. This represents a 10.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Wee Yee Cheong sold 7,534 shares of the company’s stock in a transaction on Thursday, May 21st. The shares were 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 approximately $6,854,259.88. This trade represents a 10.18% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 28,317 shares of company stock valued at $2,884,902. 1.13% of the stock is owned by company insiders.

About Principal Financial Group

(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.