Principal Financial Group (PFG) is projected to present its next quarterly earnings report with much speculation around the event. This follows a series of
stock adjustments by major market players such as SEI Investments, AllianceBernstein, and Barclays. Despite the 6% stock dip reported last quarter, PFG has recorded an earnings rebound. Incoming
CEO Deanna Strable is expected to spearhead a crucial earnings discussion amid sector uncertainty. Institutions like Massachusetts Financial Services and Geode Capital continue to hold significant stakes in PFG amidst the fluctuating market dynamics. MeanwhilΠ΅,
Arrowstreet Capital and
Schroder Investment Management Group reduced their shares, but Resona Asset Management and Aviva PLC increased their holdings. There is recognition from various quarters such as Piper Sandler and OLD Mission Capital regarding PFG's steady performance and potential, despite some skepticism. Simultaneously, various adjustments are being made to PFG's price targets by financial firms like Morgan Stanley and UBS Group. This underlines the ongoing evaluation of PFG's performance in the current economic climate. PFG is also advancing strategic relationships, like their association with SS&C, thus denoting a proactive approach in the market.
Principal Financial Group PFG News Analytics from Tue, 16 Jul 2024 07:00:00 GMT to Sat, 12 Apr 2025 04:45:46 GMT -
Rating 5
- Innovation 4
- Information 6
- Rumor -1
