Investment Analysts’ Weekly Ratings Changes for Principal Financial Group (PFG)

Principal Financial Group (NASDAQ: PFG) recently received a number of ratings updates from brokerages and research firms:

• 7/6/2026 – Principal Financial Group had its price target raised by Morgan Stanley from $107.00 to $112.00. They now have an “equal weight” rating on the stock.
• 6/24/2026 – Principal Financial Group had its price target raised by Piper Sandler from $113.00 to $125.00. They now have an “overweight” rating on the stock.
• 6/24/2026 – Principal Financial Group was downgraded by Citigroup Inc. from “sell” to “underperform”.
• 6/24/2026 – Principal Financial Group had its “underperform” rating reaffirmed by Bank of America Corporation. They now have a $95.00 price target on the stock, down from $98.00.
• 5/21/2026 – Principal Financial Group had its price target raised by Morgan Stanley from $95.00 to $107.00. They now have an “equal weight” rating on the stock.
• 5/19/2026 – Principal Financial Group was downgraded by Raymond James Financial, Inc. from “strong-buy” to “outperform”. They now have a $111.00 price target on the stock, up from $99.00.

Principal Financial Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 1st were paid a $0.82 dividend. This is a positive change from Principal Financial Group’s previous quarterly dividend of $0.80. This represents a $3.28 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend was Monday, June 1st. Principal Financial Group’s payout ratio is presently 46.92%.

Insiders Place Their Bets

In other 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 value of $259,233.93. Following the transaction, the general counsel owned 21,906 shares in the company, valued at approximately $2,208,781.98. The trade was a 10.50% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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 transaction of $777,207.44. Following the completion of the sale, the insider directly owned 66,443 shares in the company, valued at approximately $6,854,259.88. This represents a 10.18% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 28,317 shares of company stock valued at $2,884,902 over the last 90 days. 1.13% of the stock is currently owned by company insiders.

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.