In recent news updates,
Principal Financial Group Inc has experienced fluctuations in its stock performance compared to the market, but it has also seen a substantial increase in
assets under management ($740.6 billion) as reported in Q3 2024. Meanwhile, additional firms such as
JPMorgan Chase & Co. and
Franklin Resources Inc. have increased their holdings in PFG. Despite some underperformance days, PFG's stock has sometimes outperformed competitors, and its third-quarter earnings report brought both encouraging growth and missed expectations, due namely to
higher costs and a dividend raise. PFG has also launched strategic partnership with platforms such as PerfectQuote, potentially expanding their reach. However, they were advised by analysts to reduce their position. A strategic SWOT insight into PFG shows new opportunities and strengths such as focused retirement initiatives, even though predictions for EPS estimates are seen as lowering for 2025 and 2026. In other developments, PFG names
Deanna Strable as the next CEO and
Lisa Coulson as the new Chief HR Officer. The company's dedication to sustainability and diverse investments are illustrated in their sustainability report.
Principal Financial Group PFG News Analytics from Mon, 08 Apr 2024 07:00:00 GMT to Fri, 03 Jan 2025 22:16:00 GMT -
Rating 2
- Innovation 4
- Information 8
- Rumor -2
