Northern Trust Corp has expanded its position in
Principal Financial Group and the company's shares have also been sought-after by
Aquatic Capital Management LLC,
Voleon Capital Management LP,
First Trust Advisors LP and
Sterling Capital Management LLC. Despite the
first quarter 2025 earnings missing expectations, the company's dividend has been raised to
$0.76 and is showing strong earnings per share growth.
Principal Financial has been awarded a top A+ rating by AM Best, reflecting a solid financial run. Nevertheless, some critical viewpoints indicate Principal Financial might be underperforming the financial sector despite a solid foundation.
Principal Financial has witnessed fluctuations with price targets being raised and subsequently lowered, suggesting a volatility in market expectations. Conversely, assets under management have reached
$717.9 billion, and despite a dip in the stock last quarter, there was an earnings rebound. New CEO
Deanna Strable has been set to lead the company's Q1 2025 earnings discussion, while the company also shows strong institutional backing with a
73% ownership. Even in the face of missed Q1 earnings estimates, the company is set to bolster investor confidence with the announcement of share buybacks and dividends.
Principal Financial Group PFG News Analytics from Thu, 01 Aug 2024 07:00:00 GMT to Sat, 03 May 2025 13:48:53 GMT -
Rating 3
- Innovation 5
- Information -1
- Rumor -2
