FY2026 Earnings Estimate for PFG Issued By DOWLING & PARTN

Principal Financial Group, Inc. (NASDAQ:PFG) – Research analysts at DOWLING & PARTN boosted their FY2026 earnings per share estimates for shares of Principal Financial Group in a report released on Monday, July 13th. DOWLING & PARTN analyst J. Hurwitz now expects that the company will earn $9.45 per share for the year, up from their previous forecast of $9.35. The consensus estimate for Principal Financial Group’s current full-year earnings is $9.38 per share. DOWLING & PARTN also issued estimates for Principal Financial Group’s FY2027 earnings at $10.50 EPS and FY2028 earnings at $11.55 EPS.

Principal Financial Group (NASDAQ:PFG) last released its earnings results on Wednesday, April 29th. The company reported $2.07 EPS for the quarter, topping the consensus estimate of $2.01 by $0.06. The business had revenue of $3.53 billion during the quarter, compared to analysts’ expectations of $4.11 billion. Principal Financial Group had a return on equity of 16.25% and a net margin of 10.10%.During the same quarter last year, the firm posted $1.81 earnings per share.

Several other analysts also recently commented on the stock. Bank of America reaffirmed an “underperform” rating and set a $95.00 price objective (down from $98.00) on shares of Principal Financial Group in a research report on Wednesday, June 24th. Morgan Stanley increased their target price on shares of Principal Financial Group from $107.00 to $112.00 and gave the stock an “equal weight” rating in a research note on Monday, July 6th. UBS Group raised their price target on shares of Principal Financial Group from $92.00 to $94.00 and gave the stock a “neutral” rating in a report on Thursday, April 9th. Weiss Ratings downgraded shares of Principal Financial Group from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, May 1st. Finally, Barclays upped their price objective on shares of Principal Financial Group from $87.00 to $92.00 and gave the company an “underweight” rating in a report on Tuesday, July 7th. Three equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $105.82.

Principal Financial Group Price Performance

Shares of PFG opened at $112.92 on Wednesday. Principal Financial Group has a 52-week low of $75.00 and a 52-week high of $114.90. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.27 and a current ratio of 0.27. The business’s 50 day moving average price is $106.50 and its two-hundred day moving average price is $97.21. The firm has a market cap of $24.39 billion, a PE ratio of 16.15, a price-to-earnings-growth ratio of 1.13 and a beta of 0.88.

Principal Financial Group Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 1st were issued a $0.82 dividend. The ex-dividend date was Monday, June 1st. This represents a $3.28 dividend on an annualized basis and a dividend yield of 2.9%. This is an increase from Principal Financial Group’s previous quarterly dividend of $0.80. Principal Financial Group’s dividend payout ratio (DPR) is 46.92%.

Insider Buying and Selling at Principal Financial Group

In other Principal Financial Group news, insider Wee Yee Cheong sold 7,534 shares of the business’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 owned 66,443 shares in the company, valued at approximately $6,854,259.88. The trade was a 10.18% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, General Counsel George Djurasovic sold 2,571 shares of the company’s stock in a transaction on Tuesday, April 28th. The stock was sold at an average price of $100.83, for a total transaction 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. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 28,317 shares of company stock valued at $2,884,902. 1.13% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Principal Financial Group

Hedge funds have recently added to or reduced their stakes in the stock. DV Equities LLC bought a new stake in Principal Financial Group during the 4th quarter worth approximately $25,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Principal Financial Group during the fourth quarter valued at approximately $26,000. Hilton Head Capital Partners LLC purchased a new position in shares of Principal Financial Group during the fourth quarter valued at approximately $26,000. Valley Wealth Managers Inc. bought a new stake in Principal Financial Group during the first quarter worth $27,000. Finally, MBM Wealth Consultants LLC purchased a new stake in Principal Financial Group in the 1st quarter valued at $28,000. Institutional investors and hedge funds own 75.08% of the company’s stock.

Principal Financial Group Company Profile

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.