Sumitomo Mitsui Trust Group Inc. holds a $39.72 Million stake in
Principal Financial Group. The company's recent stock performance seems to be influenced by its fundamentals. The company revealed strong 2024
earnings report that beat expectations. However, its
Q4 earnings missed estimates.
Keefe, Bruyette & Woods and
Barclays have set new price targets for the company at $92.00 and $80.00 respectively. Several institutions including
Entropy Technologies LP,
Strategic Financial Concepts LLC and
WCM Investment Management LLC have increased their holdings in the company while others such as
Kestra Private Wealth Services LLC and
State of Alaska Department of Revenue have decreased theirs.
A.M. Best reaffirms its ratings for Principal Financial Group and its subsidiaries. Principal Financial Group has produced strong 2024 earnings, yet missed Q3 2024 earnings expectations. The company has announced the appointment of
Deanna Strable as its next CEO. A partnership has been formed with
PerfectQuote that will serve over 80,000 employers. The company’s stock has shown strong institutional backing with an ownership of 73%. Despite higher operating costs, the company has raised dividends. Principal Financial Group is set to be investigated by
Kaskela Law LLC, urging investors to establish contact.
Principal Financial Group PFG News Analytics from Tue, 16 Jul 2024 07:00:00 GMT to Sat, 15 Feb 2025 06:19:20 GMT -
Rating 3
- Innovation -2
- Information 6
- Rumor -2
