Oddo BHF Asset Management Sas Acquires 8,824 Shares of Principal Financial Group, Inc. $PFG

Posted by Geri Gentry on Jun 17th, 2026

Oddo BHF Asset Management Sas grew its holdings in shares of Principal Financial Group, Inc. (NASDAQ:PFG – Free Report) by 31.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 37,257 shares of the company’s stock after purchasing an additional 8,824 shares during the quarter. Oddo BHF Asset Management Sas’ holdings in Principal Financial Group were worth $3,286,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Integrated Wealth Concepts LLC bought a new position in Principal Financial Group in the 1st quarter worth $244,000. NewEdge Advisors LLC raised its holdings in Principal Financial Group by 24.1% in the 1st quarter. NewEdge Advisors LLC now owns 7,503 shares of the company’s stock worth $633,000 after acquiring an additional 1,455 shares during the period. Empowered Funds LLC raised its holdings in Principal Financial Group by 11.9% in the 1st quarter. Empowered Funds LLC now owns 4,678 shares of the company’s stock worth $395,000 after acquiring an additional 497 shares during the period. EverSource Wealth Advisors LLC raised its holdings in Principal Financial Group by 96.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,278 shares of the company’s stock worth $181,000 after acquiring an additional 1,117 shares during the period. Finally, Cerity Partners LLC raised its holdings in Principal Financial Group by 9.1% in the 2nd quarter. Cerity Partners LLC now owns 37,957 shares of the company’s stock worth $3,015,000 after acquiring an additional 3,175 shares during the period. Institutional investors own 75.08% of the company’s stock.

Principal Financial Group Price Performance

Shares of Principal Financial Group stock opened at $111.17 on Wednesday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.27 and a current ratio of 0.27. The firm’s 50-day simple moving average is $100.77 and its 200-day simple moving average is $94.07. Principal Financial Group, Inc. has a twelve month low of $75.00 and a twelve month high of $112.07. The firm has a market cap of $24.01 billion, a P/E ratio of 15.90, a price-to-earnings-growth ratio of 1.04 and a beta of 0.88.

Principal Financial Group (NASDAQ:PFG – Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The company reported $2.07 EPS for the quarter, beating analysts’ consensus estimates of $2.01 by $0.06. The firm had revenue of $3.53 billion for the quarter, compared to analyst estimates 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 business earned $1.81 earnings per share. As a group, research analysts expect that Principal Financial Group, Inc. will post 9.36 EPS for the current fiscal year.

Principal Financial Group Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Monday, June 1st will be paid a $0.82 dividend. This is a boost from Principal Financial Group’s previous quarterly dividend of $0.80. This represents a $3.28 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend is Monday, June 1st. Principal Financial Group’s payout ratio is presently 46.92%.

Analysts Set New Price Targets

Several brokerages recently commented on PFG. Morgan Stanley lifted their target price on shares of Principal Financial Group from $95.00 to $107.00 and gave the stock an “equal weight” rating in a report on Thursday, May 21st. Weiss Ratings downgraded shares of Principal Financial Group from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, May 1st. Barclays raised their price target on shares of Principal Financial Group from $85.00 to $87.00 and gave the stock an “underweight” rating in a research report on Friday, April 24th. Wells Fargo & Company decreased their price target on shares of Principal Financial Group from $91.00 to $87.00 and set an “equal weight” rating on the stock in a research report on Friday, April 10th. Finally, Raymond James Financial lowered shares of Principal Financial Group from a “strong-buy” rating to an “outperform” rating and raised their price target for the stock from $99.00 to $111.00 in a research report on Tuesday, May 19th. Three equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $98.10.

Read Our Latest Stock Report on PFG

Insider Transactions at Principal Financial Group

In related news, General Counsel George Djurasovic sold 2,571 shares of the business’s stock in a transaction that occurred on Tuesday, April 28th. The shares were 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 directly owned 21,906 shares of the company’s stock, valued at $2,208,781.98. The trade was a 10.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Wee Yee Cheong sold 9,183 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $101.26, for a total transaction of $929,870.58. Following the sale, the insider directly owned 77,188 shares of the company’s stock, valued at approximately $7,816,056.88. This trade represents a 10.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 28,317 shares of company stock valued at $2,884,902. Insiders own 1.13% of the company’s stock.

Principal Financial Group Company 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.