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Principal Financial Group PFG - News Analyzed: 3,890 - Last Week: 99 - Last Month: 495

↗ Principal Financial Group PFG Showcases Leadership Transition and Strong Growth Amid Underperformance Concerns

Principal Financial Group PFG Showcases Leadership Transition and Strong Growth Amid Underperformance Concerns
Principal Financial Group (PFG) has been the focus of several key events. RIA Advisory Group LLC has invested $638,000 in PFG while Sumitomo Mitsui Trust Group Inc. and National Pension Service hold multi-million dollar weightings. However, the PFG stock has underperformed in the market when benchmarked against competitors on many trading days. The company has announced a leadership transition, appointing Deanna Strable as the next president and CEO to provoke a new era of growth. Zacks Research issued the FY2024 earnings estimate for PFG while PFG reported net loss in Q3 2024. The company has showcased strong Assets Under Management (AUM) growth, revealed in their Q3 2024 earnings call, which now stands at $740.6 billion. PFG shows commitment towards sustainability by releasing several 2023 sustainability reports focusing on aspects like community work, leadership, supplier diversity, environment protection, etc. The organization has also earned the 2025 Military Friendly Employer designation and has initiated a global ETF amid record active fund demand. Despite challenges, 77% of middle-income Americans are actively saving for retirement, PFG reports. Lastly, Principal Financial Group is being investigated by Kaskela Law LLC.

Principal Financial Group PFG News Analytics from Sat, 02 Mar 2024 09:30:20 GMT to Sat, 16 Nov 2024 15:03:47 GMT - Rating 3 - Innovation 5 - Information 8 - Rumor 0

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