Principal Financial Group (NASDAQ:PFG) Issues Quarterly Earnings Results

Posted by Brenda Bartman on Jul 27th, 2026

Principal Financial Group (NASDAQ:PFG – Get Free Report) posted its quarterly earnings results on Monday. The company reported $2.50 EPS for the quarter, beating the consensus estimate of $2.33 by $0.17, Zacks reports. Principal Financial Group had a return on equity of 16.25% and a net margin of 10.10%.

Principal Financial Group Price Performance

Shares of PFG stock traded up $1.89 during trading hours on Monday, hitting $111.29. The company had a trading volume of 2,434,103 shares, compared to its average volume of 1,518,394. Principal Financial Group has a 12 month low of $75.00 and a 12 month high of $114.90. The firm has a market capitalization of $24.04 billion, a price-to-earnings ratio of 15.92, a PEG ratio of 1.05 and a beta of 0.88. The firm’s fifty day moving average is $108.14 and its 200 day moving average is $98.43. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.27 and a current ratio of 0.27.

Insider Activity at Principal Financial Group

In related news, General Counsel George Djurasovic sold 2,571 shares of the firm’s 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 owned 21,906 shares in the company, valued at $2,208,781.98. This trade represents a 10.50% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Wee Yee Cheong sold 9,183 shares of the business’s stock in a transaction 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 completion of the sale, the insider directly owned 77,188 shares in the company, valued at approximately $7,816,056.88. This represents a 10.63% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 28,317 shares of company stock valued at $2,884,902 in the last 90 days. 1.13% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Principal Financial Group

Several institutional investors and hedge funds have recently made changes to their positions in PFG. Bank of America Corp DE grew its holdings in shares of Principal Financial Group by 9.6% in the 2nd quarter. Bank of America Corp DE now owns 12,370,852 shares of the company’s stock worth $982,617,000 after purchasing an additional 1,083,991 shares during the last quarter. Invesco Ltd. increased its position in shares of Principal Financial Group by 23.2% during the 3rd quarter. Invesco Ltd. now owns 3,376,797 shares of the company’s stock worth $279,970,000 after purchasing an additional 636,334 shares in the last quarter. Morgan Stanley lifted its holdings in Principal Financial Group by 1.8% during the 4th quarter. Morgan Stanley now owns 3,079,857 shares of the company’s stock valued at $271,674,000 after purchasing an additional 55,669 shares during the last quarter. AQR Capital Management LLC boosted its position in Principal Financial Group by 112.8% in the fourth quarter. AQR Capital Management LLC now owns 2,348,233 shares of the company’s stock valued at $207,138,000 after buying an additional 1,244,668 shares in the last quarter. Finally, UBS Group AG boosted its position in Principal Financial Group by 62.3% in the third quarter. UBS Group AG now owns 2,023,880 shares of the company’s stock valued at $167,800,000 after buying an additional 776,997 shares in the last quarter. Institutional investors and hedge funds own 75.08% of the company’s stock.

Analysts Set New Price Targets

PFG has been the topic of several recent research reports. UBS Group lifted their price objective on Principal Financial Group from $92.00 to $94.00 and gave the stock a “neutral” rating in a report on Thursday, April 9th. Citigroup lowered Principal Financial Group from a “sell” rating to an “underperform” rating in a research note on Wednesday, June 24th. JPMorgan Chase & Co. raised their target price on Principal Financial Group from $101.00 to $106.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 21st. Wells Fargo & Company decreased their price target on shares of Principal Financial Group from $114.00 to $113.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 22nd. Finally, Barclays boosted their price target on shares of Principal Financial Group from $87.00 to $92.00 and gave the company an “underweight” rating in a report on Tuesday, July 7th. Three research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $105.00.

View Our Latest Stock Report on Principal Financial Group

About Principal Financial Group

(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.