Principal Financial Group (PFG) has been making several industry headlines recently. The company's Q1 2025 earnings saw an increase in profit driven by higher premiums and market uncertainty. Despite missing the Q1 EPS estimates by 8 cents, the stock price rose by 3.02% on April 22. Q1 results also showed a decrease in profit compared to previous estimates. AM Best's assessment boosted PFG's credit rating to A+. However, there were also some stock sales from Barclays PLC, Jump Financial LLC, and Dimensional Fund Advisors LP, among others. On a positive note, the company unveiled a 7% dividend hike after missing Q1 earnings and Principal's stock holdings got boosted by Capital Research Global Investors, Raymond James Financial, and Bridgewater Associates LP. PFG reported a dip in stock by 6% last quarter but still reported earnings rebound. Without forgetting, Principal's $683m market value fall could be overlooked by institutional investors after a year of 9.8% returns while the company posts $717.9 billion in assets under management.
Principal Financial Group PFG News Analytics from Thu, 01 Aug 2024 07:00:00 GMT to Sat, 26 Apr 2025 14:25:08 GMT -
Rating 5
- Innovation -3
- Information 8
- Rumor -4
