Munich Reinsurance Co Stock Corp in Munich Decreases Stake in Principal Financial Group, Inc. $PFG

Posted by Brenda Bartman on Sep 5th, 2026

Munich Reinsurance Co Stock Corp in Munich lowered its stake in Principal Financial Group, Inc. (NASDAQ:PFG – Free Report) by 53.8% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 29,047 shares of the company’s stock after selling 33,800 shares during the period. Munich Reinsurance Co Stock Corp in Munich’s holdings in Principal Financial Group were worth $3,131,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. DV Equities LLC bought a new stake in Principal Financial Group in the 4th quarter worth $25,000. Hilton Head Capital Partners LLC purchased a new position in shares of Principal Financial Group in the fourth quarter valued at about $26,000. Valley Wealth Managers Inc. bought a new position in shares of Principal Financial Group during the first quarter valued at about $27,000. Ancora Advisors LLC purchased a new stake in shares of Principal Financial Group during the second quarter worth about $27,000. Finally, MBM Wealth Consultants LLC purchased a new stake in shares of Principal Financial Group during the first quarter worth about $28,000. Institutional investors own 75.08% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on PFG. Weiss Ratings raised Principal Financial Group from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, August 12th. Citigroup cut Principal Financial Group from a “sell” rating to an “underperform” rating in a research note on Wednesday, June 24th. Piper Sandler upped their target price on Principal Financial Group from $113.00 to $125.00 and gave the company an “overweight” rating in a report on Wednesday, June 24th. Jefferies Financial Group lifted their price target on shares of Principal Financial Group from $91.00 to $98.00 and gave the company a “hold” rating in a report on Friday, July 10th. Finally, Atlantic Securities set a $94.00 price objective on shares of Principal Financial Group in a report on Wednesday, July 15th. Three research analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $106.67.

Get Our Latest Research Report on PFG

Principal Financial Group Stock Down 1.5%

PFG stock opened at $116.68 on Friday. Principal Financial Group, Inc. has a fifty-two week low of $77.90 and a fifty-two week high of $121.18. The business’s 50 day moving average price is $112.29 and its two-hundred day moving average price is $102.74. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.28 and a current ratio of 0.28. The company has a market capitalization of $24.98 billion, a price-to-earnings ratio of 16.57, a price-to-earnings-growth ratio of 1.07 and a beta of 0.86.

Principal Financial Group (NASDAQ:PFG – Get Free Report) last released its earnings results on Monday, July 27th. The company reported $2.50 EPS for the quarter, beating analysts’ consensus estimates of $2.33 by $0.17. The company had revenue of $3.99 billion during the quarter, compared to analysts’ expectations of $4.11 billion. Principal Financial Group had a return on equity of 16.49% and a net margin of 9.93%.During the same quarter last year, the business posted $2.16 EPS. As a group, analysts forecast that Principal Financial Group, Inc. will post 9.62 earnings per share for the current fiscal year.

Principal Financial Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Thursday, September 3rd will be issued a $0.84 dividend. This represents a $3.36 dividend on an annualized basis and a yield of 2.9%. This is a positive change from Principal Financial Group’s previous quarterly dividend of $0.82. The ex-dividend date is Thursday, September 3rd. Principal Financial Group’s dividend payout ratio is currently 47.73%.

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.