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Principal Financial Group PFG - News Analyzed: 5,376 - Last Week: 100 - Last Month: 397

⇗ Principal Financial Group's Market Movements: Mergers, Price Fluctuations, and Sustainability Efforts

Principal Financial Group's Market Movements: Mergers, Price Fluctuations, and Sustainability Efforts
BBR Partners LLC, AMG National Trust Bank, and Proficio Capital Partners LLC have collectively accumulated millions in shares of Principal Financial Group Inc.(NYSE:PFG). The firm recently disclosed a record $3.64 billion capital raise for its Data Center Growth & Income Fund. Despite mixed market opinions, Piper Sandler Analyst sees the company's stock price expected to rise. Notably, Principal Financial has demonstrated sustained growth with a 11% CAGR over the last five years. Recently, Deanna Stable was announced as the company's next CEO after a $7B growth period. Stock holdings in Principal Financial have seen fluctuations with a host of institutional investors buying and selling shares. The group is set to report Q4 2024 earnings, but recent Q3 results have missed expectations. Still, the firm continues to show positive signs, including robust investment income and assets under management amounting to $740.6 billion. However, the future outlook may be impacted by lowered EPS estimates for 2025 and 2026. As sustainability increasingly becomes a priority for investors, Principal Financial's latest Sustainability Report in 2023 reflected an emphasis on diverse supply chains and global sustainable investment practices.

Principal Financial Group PFG News Analytics from Tue, 16 Jul 2024 07:00:00 GMT to Sat, 08 Mar 2025 14:34:17 GMT - Rating 5 - Innovation 4 - Information 3 - Rumor 2

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