Zacks Research Issues Optimistic Estimate for PFG Earnings

Principal Financial Group, Inc. (NYSE:PFG) – Equities research analysts at Zacks Research increased their Q1 2026 EPS estimates for Principal Financial Group in a research note issued to investors on Wednesday, November 13th. Zacks Research analyst R. Department now forecasts that the company will post earnings per share of $1.47 for the quarter, up from their previous forecast of $1.06. The consensus estimate for Principal Financial Group’s current full-year earnings is $7.09 per share.

Other equities research analysts also recently issued reports about the stock. Keefe, Bruyette & Woods dropped their price target on shares of Principal Financial Group from $88.00 to $86.00 and set a “market perform” rating for the company in a research report on Tuesday, July 30th. Royal Bank of Canada boosted their price objective on shares of Principal Financial Group from $83.00 to $87.00 and gave the company a “sector perform” rating in a research report on Monday, July 29th. Morgan Stanley lowered their price objective on shares of Principal Financial Group from $85.00 to $83.00 and set an “equal weight” rating for the company in a research report on Monday, August 19th. Wells Fargo & Company boosted their price objective on shares of Principal Financial Group from $85.00 to $86.00 and gave the company an “equal weight” rating in a research report on Thursday, October 10th. Finally, Bank of America lowered their price objective on shares of Principal Financial Group from $94.00 to $91.00 and set a “neutral” rating for the company in a research report on Thursday, October 10th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $85.58.

Principal Financial Group Stock Up 0.2 %

NYSE PFG opened at $86.56 on Monday. The company has a current ratio of 0.30, a quick ratio of 0.30 and a debt-to-equity ratio of 0.35. Principal Financial Group has a 1-year low of $71.37 and a 1-year high of $91.97. The company has a 50 day moving average of $85.60 and a 200-day moving average of $82.23. The company has a market cap of $19.80 billion, a price-to-earnings ratio of -96.18, a PEG ratio of 1.00 and a beta of 1.20.

Principal Financial Group (NYSE:PFG) last released its quarterly earnings results on Thursday, October 24th. The company reported $1.76 earnings per share for the quarter, missing analysts’ consensus estimates of $2.02 by ($0.26). Principal Financial Group had a negative net margin of 1.47% and a positive return on equity of 14.67%. The business had revenue of $3.01 billion during the quarter, compared to analyst estimates of $3.92 billion. During the same quarter in the previous year, the firm posted $1.72 earnings per share.

Principal Financial Group Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 18th. Shareholders of record on Monday, December 2nd will be paid a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a dividend yield of 3.37%. The ex-dividend date of this dividend is Monday, December 2nd. This is a boost from Principal Financial Group’s previous quarterly dividend of $0.72. Principal Financial Group’s payout ratio is presently -320.00%.

Institutional Trading of Principal Financial Group

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Farther Finance Advisors LLC grew its stake in shares of Principal Financial Group by 2.2% in the second quarter. Farther Finance Advisors LLC now owns 6,325 shares of the company’s stock worth $493,000 after purchasing an additional 135 shares during the last quarter. Ballentine Partners LLC grew its stake in shares of Principal Financial Group by 5.0% in the second quarter. Ballentine Partners LLC now owns 2,906 shares of the company’s stock worth $228,000 after purchasing an additional 138 shares during the last quarter. Graypoint LLC grew its stake in shares of Principal Financial Group by 5.6% in the second quarter. Graypoint LLC now owns 2,654 shares of the company’s stock worth $208,000 after purchasing an additional 140 shares during the last quarter. Prime Capital Investment Advisors LLC grew its stake in shares of Principal Financial Group by 2.3% in the third quarter. Prime Capital Investment Advisors LLC now owns 6,358 shares of the company’s stock worth $546,000 after purchasing an additional 142 shares during the last quarter. Finally, Empirical Finance LLC grew its stake in shares of Principal Financial Group by 1.8% in the third quarter. Empirical Finance LLC now owns 7,875 shares of the company’s stock worth $676,000 after purchasing an additional 142 shares during the last quarter. Institutional investors own 75.08% of the company’s stock.

Principal Financial Group Company Profile

Principal Financial Group, Inc provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide. The company operates through Retirement and Income Solutions, Principal Asset Management, and Benefits and Protection segments. The Retirement and Income Solutions segment provides retirement, and related financial products and services.