Principal Financial Group (NYSE:PFG) Releases FY 2026 Earnings Guidance

Principal Financial Group (NYSE:PFG) issued an update on its FY 2026 earnings guidance on Monday morning. The company provided EPS guidance of 9.010-9.260 for the period, compared to the consensus EPS estimate of 8.950. The company issued revenue guidance of -.

Analyst Ratings Changes

A number of brokerages have recently weighed in on PFG. Barclays reiterated an “underweight” rating and issued a $85.00 price target on shares of Principal Financial Group in a report on Thursday, January 8th. UBS Group raised their price objective on Principal Financial Group from $88.00 to $92.00 and gave the stock a “neutral” rating in a research note on Thursday, January 8th. JPMorgan Chase & Co. reissued a “neutral” rating and set a $103.00 target price on shares of Principal Financial Group in a report on Monday, January 5th. Keefe, Bruyette & Woods raised their target price on shares of Principal Financial Group from $90.00 to $91.00 and gave the stock a “market perform” rating in a report on Thursday, October 30th. Finally, Wells Fargo & Company lifted their target price on Principal Financial Group from $74.00 to $85.00 and gave the company an “underweight” rating in a research note on Tuesday, January 13th. One research analyst has rated the stock with a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus target price of $93.22.

Principal Financial Group Trading Down 2.4%

Principal Financial Group stock opened at $93.64 on Wednesday. Principal Financial Group has a 52-week low of $68.39 and a 52-week high of $97.88. The company has a quick ratio of 0.30, a current ratio of 0.29 and a debt-to-equity ratio of 0.36. The firm has a market capitalization of $20.86 billion, a price-to-earnings ratio of 14.02, a PEG ratio of 0.76 and a beta of 0.89. The firm has a 50-day moving average price of $90.81 and a two-hundred day moving average price of $84.47.

Principal Financial Group (NYSE:PFG) last announced its quarterly earnings results on Monday, February 9th. The company reported $2.19 EPS for the quarter, missing the consensus estimate of $2.22 by ($0.03). Principal Financial Group had a net margin of 9.74% and a return on equity of 14.68%. During the same quarter last year, the business posted $1.94 earnings per share. Principal Financial Group has set its FY 2026 guidance at 9.010-9.260 EPS. Sell-side analysts expect that Principal Financial Group will post 8.5 earnings per share for the current year.

Principal Financial Group Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Wednesday, March 11th will be paid a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend is Wednesday, March 11th. This is a positive change from Principal Financial Group’s previous quarterly dividend of $0.79. Principal Financial Group’s dividend payout ratio is 46.00%.

Insider Activity at Principal Financial Group

In other news, CEO Deanna D. Strable-Soethout sold 7,340 shares of the company’s stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $95.00, for a total value of $697,300.00. Following the completion of the sale, the chief executive officer directly owned 136,828 shares of the company’s stock, valued at approximately $12,998,660. This represents a 5.09% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In the last 90 days, insiders have sold 24,965 shares of company stock worth $2,352,460. 1.08% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Principal Financial Group

Large investors have recently made changes to their positions in the business. FWL Investment Management LLC acquired a new position in Principal Financial Group during the third quarter valued at $32,000. MUFG Securities EMEA plc purchased a new position in Principal Financial Group during the 2nd quarter valued at about $49,000. Binnacle Investments Inc increased its holdings in shares of Principal Financial Group by 36.7% in the 3rd quarter. Binnacle Investments Inc now owns 1,051 shares of the company’s stock valued at $87,000 after purchasing an additional 282 shares during the period. Brown Brothers Harriman & Co. increased its holdings in shares of Principal Financial Group by 107.4% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 1,340 shares of the company’s stock valued at $111,000 after purchasing an additional 694 shares during the period. Finally, Parallel Advisors LLC lifted its position in shares of Principal Financial Group by 7.6% in the fourth quarter. Parallel Advisors LLC now owns 1,686 shares of the company’s stock worth $149,000 after purchasing an additional 119 shares in the last quarter. Institutional investors own 75.08% of the company’s stock.

About Principal Financial Group

Principal Financial Group, commonly known as Principal, is a global financial services company headquartered in Des Moines, Iowa. The firm provides a broad range of retirement, investment management and insurance solutions for individual, employer and institutional clients. Its core businesses include retirement plan services and recordkeeping, asset management, and life and disability insurance, supported by distribution through employers, financial advisors and direct channels.

On the retirement side, Principal offers 401(k) and other workplace retirement plans, individual retirement accounts and annuity products designed to help clients accumulate and manage retirement savings.