Norden Group LLC,
BNP Paribas Financial Markets, and
Sumitomo Mitsui Trust Holdings Inc. are among the major entities that have increased their shares in
Principal Financial Group (PFG). While its stock has underperformed in comparison to competitors,
J.P. Morgan has recently upgraded PFG to Neutral. PFG announced its
second quarter 2024 financial results and purchased shares in companies such as
OceanFirst Financial Corp. and
Imperial Oil Limited. Additionally, analysts have set the target price for PFG at $81.50. Despite the reported decrease in holdings by
Vanguard Group Inc., several other groups have recently invested in PFG, signifying continued market interest. The company has outperformed its competitors on strong trading days. PFG's newly released
sustainability report highlights its accomplishments in this area. The company has reported full year and Q4 2023 results, with revenues surpassing expectations, but
EPS lagging. As part of its expanding portfolio, PFG has increased its stake in
Kiniksa Pharmaceuticals, Ltd. (KNSA) and announced a dividend increase to $0.71.
Principal Financial Group PFG News Analytics from Mon, 16 Oct 2023 07:00:00 GMT to Sun, 07 Jul 2024 20:12:50 GMT -
Rating 3
- Innovation -1
- Information 4
- Rumor 3
