In recent updates,
Principal Financial Group (PFG) has shown notable performance in the investment market. The Kentucky Retirement Systems Insurance Trust Fund and various other funds have amplified their stock holdings in PFG. In recognition of its robust performance and responsible practices, Principal was ranked #11 on America's JUST 100 List. While some shares have been sold, the consistent growth of institutional support, claiming 73% ownership, is particularly significant. The company continues to demonstrate a strong financial outlook despite Q4 earnings falling below estimates. Analysts have adjusted the company's price target, while robust
Assets Under Management (AUM) growth has been recorded. Significant events indicating a positive direction include appointing Deanna Strable as the future CEO and a successful investor day in 2024. PFG's
stock outlook presents some challenges due to lowered EPS estimates for 2025 and 2026. Yet, PFG has shown
consistent growth, and despite some fluctuations, analysts predict an upward trajectory in the stock price. A new study by PFG suggests 34% of Americans are lagging in their retirement goals, signifying a sizable market for their services. Interestingly, PFG has shown a commitment towards
sustainability by releasing multiple sustainability reports, alongside community engagement initiatives.
Principal Financial Group PFG News Analytics from Thu, 16 May 2024 07:00:00 GMT to Sat, 22 Feb 2025 11:50:26 GMT -
Rating 5
- Innovation 2
- Information 8
- Rumor 3
