Principal Financial Group is seeing mixed performances, enduring some underperformance against competitors despite recording daily gains, and seeing a decrease in holdings from entities such as Empowered Funds and US Bancorp. Despite this, it has achieved recognition as a leading place to work for people with disabilities. Its price target has been raised by Jefferies Financial to $76.00, and later to $94.00 by another institution. The stock also reached a new 12-month high at $86.79. It has reported $699.2 billion in assets under management. Significant projections have been made for its future earnings, with expectations set for it to post Q1 2025 earnings of $1.98 per share. The firm has commitment towards sustainability, as evidenced in its 2023 report, and continues to innovate, introducing a new annuity with guaranteed lifetime income option. Principal has also attracted new investments, with Principal Financial Group (PFG) being purchased by institutions such as Siege Capital Management and Mitsubishi UFJ Asset Management.
Principal Financial Group PFG News Analytics from Tue, 28 Nov 2023 08:00:00 GMT to Sun, 21 Jul 2024 15:16:39 GMT -
Rating 1
- Innovation 3
- Information 6
- Rumor -2
