Research Analysts Set Expectations for PFG Q1 Earnings

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

A number of other equities research analysts have also recently commented on PFG. Royal Bank of Canada increased their target price on Principal Financial Group from $83.00 to $87.00 and gave the stock a "sector perform" rating in a research note on Monday, July 29th. Keefe, Bruyette & Woods cut their price objective on shares of Principal Financial Group from $88.00 to $86.00 and set a "market perform" rating on the stock in a research report on Tuesday, July 30th. Piper Sandler raised their price objective on shares of Principal Financial Group from $85.00 to $90.00 and gave the company a "neutral" rating in a research note on Wednesday, October 2nd. Morgan Stanley dropped their target price on shares of Principal Financial Group from $85.00 to $83.00 and set an "equal weight" rating on the stock in a research note on Monday, August 19th. Finally, Citigroup increased their price target on shares of Principal Financial Group from $68.00 to $70.00 and gave the company a "sell" rating in a report on Tuesday, July 23rd. 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 company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $85.58.

Principal Financial Group Stock Down 0.6 %

Shares of Principal Financial Group stock traded down $0.49 during midday trading on Monday, hitting $86.07. The company had a trading volume of 958,123 shares, compared to its average volume of 1,142,547. Principal Financial Group has a 52-week low of $71.39 and a 52-week high of $91.97. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.30 and a current ratio of 0.30. The stock has a market capitalization of $19.69 billion, a P/E ratio of -95.63, a P/E/G ratio of 1.00 and a beta of 1.20. The company has a 50 day moving average of $85.74 and a 200 day moving average of $82.27.

Principal Financial Group (NYSE:PFG - Get Free Report) last posted its quarterly earnings data on Thursday, October 24th. The company reported $1.76 EPS for the quarter, missing the consensus estimate of $2.02 by ($0.26). Principal Financial Group had a positive return on equity of 14.67% and a negative net margin of 1.47%. The business had revenue of $3.01 billion for the quarter, compared to the consensus estimate of $3.92 billion. During the same period in the previous year, the firm earned $1.72 EPS.

Principal Financial Group Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 18th. Stockholders of record on Monday, December 2nd will be paid a $0.73 dividend. This is an increase from Principal Financial Group's previous quarterly dividend of $0.72. This represents a $2.92 dividend on an annualized basis and a dividend yield of 3.39%. The ex-dividend date is Monday, December 2nd. Principal Financial Group's dividend payout ratio (DPR) is -324.44%.

Institutional Trading of Principal Financial Group

Hedge funds have recently bought and sold shares of the company. Metis Global Partners LLC grew its stake in shares of Principal Financial Group by 5.0% during the 3rd quarter. Metis Global Partners LLC now owns 11,230 shares of the company's stock valued at $965,000 after purchasing an additional 533 shares during the period. Cetera Investment Advisers increased its holdings in Principal Financial Group by 108.1% during the first quarter. Cetera Investment Advisers now owns 53,579 shares of the company's stock valued at $4,624,000 after buying an additional 27,827 shares during the last quarter. Sei Investments Co. raised its position in Principal Financial Group by 59.4% in the first quarter. Sei Investments Co. now owns 24,275 shares of the company's stock worth $2,095,000 after acquiring an additional 9,048 shares during the period. SG Americas Securities LLC boosted its stake in shares of Principal Financial Group by 57.3% during the 2nd quarter. SG Americas Securities LLC now owns 178,635 shares of the company's stock worth $14,014,000 after acquiring an additional 65,070 shares during the last quarter. Finally, Tidal Investments LLC grew its position in shares of Principal Financial Group by 54.2% during the 1st quarter. Tidal Investments LLC now owns 26,847 shares of the company's stock valued at $2,317,000 after acquiring an additional 9,432 shares during the period. Hedge funds and other institutional investors own 75.08% of the company's stock.

About Principal Financial Group

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.