A number of firms have modified their ratings and price targets on shares of Principal Financial Group (NASDAQ: PFG) recently:
- 11/9/2026 – Principal Financial Group was upgraded by Weiss Ratings from “buy (b)” to “buy (b+)”.
- 10/28/2026 – Principal Financial Group was given a new $111.00 price target by Evercore.
- 10/28/2026 – Principal Financial Group had its price target lowered by Wells Fargo & Company from $112.00 to $109.00. They now have an “equal weight” rating on the stock.
- 10/28/2026 – Principal Financial Group had its price target lowered by Piper Sandler from $128.00 to $125.00. They now have an “overweight” rating on the stock.
- 10/27/2026 – Principal Financial Group had its price target lowered by UBS Group from $120.00 to $112.00. They now have a “neutral” rating on the stock.
- 10/20/2026 – Principal Financial Group had its price target lowered by Wells Fargo & Company from $113.00 to $112.00. They now have an “equal weight” rating on the stock.
- 10/15/2026 – Principal Financial Group had its price target lowered by JPMorgan Chase & Co. from $107.00 to $106.00. They now have a “neutral” rating on the stock.
- 10/12/2026 – Principal Financial Group had its price target lowered by Wells Fargo & Company from $115.00 to $113.00. They now have an “equal weight” rating on the stock.
- 10/9/2026 – Principal Financial Group had its price target lowered by Keefe, Bruyette & Woods from $117.00 to $115.00. They now have a “market perform” rating on the stock.
- 10/7/2026 – Principal Financial Group had its price target lowered by Barclays from $92.00 to $86.00. They now have an “underweight” rating on the stock.
- 9/28/2026 – Principal Financial Group had its price target raised by Piper Sandler from $125.00 to $128.00. They now have an “overweight” rating on the stock.
Principal Financial Group Stock Performance
Shares of NASDAQ:PFG traded up $0.60 during trading on Tuesday, hitting $115.99. 838,197 shares of the company were exchanged, compared to its average volume of 1,447,856. The company has a market cap of $24.63 billion, a PE ratio of 12.89, a P/E/G ratio of 1.34 and a beta of 0.87. The stock has a 50 day moving average of $112.39 and a 200 day moving average of $104.18. Principal Financial Group, Inc. has a 52-week low of $80.00 and a 52-week high of $121.18. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.28 and a quick ratio of 0.28.
Principal Financial Group (NASDAQ:PFG – Get Free Report) last released its quarterly earnings data on Thursday, October 29th. The company reported $2.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.46 by ($0.24). Principal Financial Group had a net margin of 11.89% and a return on equity of 16.51%. The company had revenue of $4.62 billion for the quarter, compared to the consensus estimate of $4.31 billion. During the same quarter in the previous year, the firm posted $2.32 earnings per share. As a group, equities research analysts predict that Principal Financial Group, Inc. will post 9.18 EPS for the current year.
Principal Financial Group Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, December 18th. Stockholders of record on Wednesday, December 2nd will be given a dividend of $0.85 per share. This is a boost from Principal Financial Group’s previous quarterly dividend of $0.84. This represents a $3.40 annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Wednesday, December 2nd. Principal Financial Group’s dividend payout ratio (DPR) is currently 37.33%.
Principal Financial Group, Inc. is a financial services company headquartered in Des Moines, Iowa. Founded in 1879 as Bankers Life Association, it later adopted the Principal name and expanded beyond its original insurance business. The company provides retirement and pension solutions, investment management, life and disability insurance, and employee benefits to businesses, individuals, and institutional clients. Its offerings include workplace retirement plans, group benefits, and investment products and services.
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