Toronto Dominion Bank increased its stake in
Principal Financial Group, Inc. (PFG) by 16,954 shares. PFG was recognized as among the 'Best Place to Work' in Money Management, an honor it received for the 13th straight time.
Wells Fargo, however, downgraded PFG to Underweight. PFG's stock projections are being negatively affected by lowered EPS estimates for 2025 and 2026.
Barclays and
Kovitz Investment Group increased their positions in PFG, while
Geode Capital Management LLC and
Wellington Management Group LLP decreased their holdings.
Principal also announced significant personnel changes including appointing Lisa Coulson as the new Chief HR Officer and Deanna Strable as the next CEO. State Street Corp holds $819.56 Million stake in the company. Despite challenges in the market, PFG's Q3 2024 report revealed strong AUM growth. The company is set to provide updates on its key strategies at the planned 2024 Investor Day.
Principal Financial Group PFG News Analytics from Thu, 02 May 2024 07:00:00 GMT to Sat, 14 Dec 2024 14:40:08 GMT -
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