Principal Financial Group Inc. Boosts Stock Position in PagerDuty $PD

Posted by Brenda Bartman on Jul 31st, 2026

Principal Financial Group Inc. raised its holdings in PagerDuty (NYSE:PD – Free Report) by 89.7% during the 1st quarter, HoldingsChannel.com reports. The fund owned 394,297 shares of the company’s stock after buying an additional 186,440 shares during the period. Principal Financial Group Inc.’s holdings in PagerDuty were worth $2,449,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of PD. KBC Group NV boosted its stake in shares of PagerDuty by 89.5% during the fourth quarter. KBC Group NV now owns 4,402 shares of the company’s stock valued at $58,000 after purchasing an additional 2,079 shares during the period. Kestra Advisory Services LLC bought a new position in shares of PagerDuty in the fourth quarter worth about $68,000. New York State Teachers Retirement System purchased a new position in PagerDuty in the 4th quarter worth about $102,000. Pictet Asset Management Holding SA increased its stake in PagerDuty by 32.1% in the 1st quarter. Pictet Asset Management Holding SA now owns 18,005 shares of the company’s stock worth $112,000 after buying an additional 4,374 shares during the period. Finally, Los Angeles Capital Management LLC bought a new stake in PagerDuty during the 4th quarter valued at about $114,000. Hedge funds and other institutional investors own 97.26% of the company’s stock.

PagerDuty Stock Performance

Shares of PagerDuty stock opened at $10.35 on Friday. The company has a current ratio of 1.95, a quick ratio of 1.95 and a debt-to-equity ratio of 1.83. The stock’s fifty day moving average price is $9.35 and its 200-day moving average price is $8.24. The firm has a market cap of $798.30 million, a P/E ratio of 5.07, a P/E/G ratio of 2.76 and a beta of 0.94. PagerDuty has a 12 month low of $5.70 and a 12 month high of $17.29.

PagerDuty (NYSE:PD – Get Free Report) last released its quarterly earnings data on Thursday, May 28th. The company reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.08. PagerDuty had a net margin of 38.60% and a return on equity of 18.20%. The company had revenue of $120.97 million during the quarter, compared to analyst estimates of $119.52 million. During the same period in the prior year, the firm earned $0.24 earnings per share. The firm’s revenue for the quarter was up 1.0% compared to the same quarter last year. PagerDuty has set its Q2 2027 guidance at 0.290-0.310 EPS. On average, equities research analysts expect that PagerDuty will post 0.58 earnings per share for the current fiscal year.

PagerDuty announced that its Board of Directors has authorized a stock repurchase program on Thursday, May 28th that allows the company to repurchase $100.00 million in shares. This repurchase authorization allows the company to buy up to 16.4% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s board believes its shares are undervalued.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on PD shares. Wall Street Zen cut shares of PagerDuty from a “buy” rating to a “hold” rating in a research report on Saturday, July 25th. Weiss Ratings raised shares of PagerDuty from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday, July 13th. Truist Financial lifted their price target on shares of PagerDuty from $9.00 to $11.00 and gave the company a “buy” rating in a research note on Thursday, July 9th. Morgan Stanley lowered PagerDuty from an “equal weight” rating to an “underweight” rating and lowered their price target for the company from $10.00 to $9.00 in a report on Tuesday, July 21st. Finally, Royal Bank Of Canada increased their price objective on PagerDuty from $8.00 to $9.00 and gave the stock a “sector perform” rating in a research note on Friday, May 29th. Three investment analysts have rated the stock with a Buy rating, five have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $11.50.

Check Out Our Latest Stock Report on PD

PagerDuty Company Profile

(Free Report)

PagerDuty, Inc engages in the operation of a digital operations management platform in the United States and internationally. The company’s digital operations management platform collects data and digital signals from virtually any software-enabled system or device and leverage machine learning to correlate, process, and predict opportunities and issues. Its platform includes PagerDuty Incident Management that provides a real-time view across the status of a digital service while incorporating noise reduction to remove false positives; AIOps that applies machine learning to correlate and automate the identification of incidents from billions of events; Process Automation offers centralized design time and run time environment for orchestrating automated workflows that span across departments, technologies, and networks; Customer Service Operations, which is offered to orchestrate, automate, and scale responses to customer impacting issues.

Principal Financial Group Inc. Boosts Stock Position in PagerDuty $PD

PagerDuty Stock Performance

Wall Street Analysts Forecast Growth

PagerDuty Company Profile

Further Reading

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