Principal Financial Group Inc. (PFG) has been under the limelight for its consistent performance that outmatches competitors. Despite unpredictable trading days, PFG equities maintain a robust performance, with the stock hitting a 52-week high at $88.54. Earning upgrades from major financial companies like
Raymond James which gave it a
'Strong Buy' rating. The company's
Quarterly Asset Under Management (AUM) stood at $699.2 Billion, indicating solid financial health. Principal Finance also forecasted robust
Earnings Per Share (EPS) for Q2 2024. Multiple standout sustainability goals carved out in their 2023 Sustainability Report include
supplier diversity, global inclusion, and sustainable investing practices among others. They have announced key leadership appointments, the naming of
Deanna Strable as the new President and Chief Operating Officer, marking a significant stride at the management level. Institutional shareholders control 72% stake in PFG stock, demonstrating trust in their business model and performance. The only potential pitfall in their path seems to be asset management headwinds that could make shares less attractive.
Principal Financial Group PFG News Analytics from Fri, 09 Feb 2024 08:00:00 GMT to Sat, 12 Oct 2024 09:09:01 GMT -
Rating 8
- Innovation 7
- Information 8
- Rumor -2