Principal Financial Group has seen several significant events influencing its market trends and trading performance. The company has announced their first quarter 2025 results and full year 2024 results, and presented their outlook for 2025. Notably, the organization made leadership changes, with Joel Pitz taking position as Executive VP and CFO, and Deanna Strable appointed as the next president and CEO. PFG has also earned multiple rankings and credit affirmations including being ranked #11 on America’s JUST 100 List and an affirmation of credit ratings by AM Best. However, there are mentions of their stock underperforming compared to its peers and analysts lowering their rating of the company's shares. Investment advisers such as QRG Capital Management Inc. and Handelsbanken Fonder AB have sold their shares in the company, while others like SG Americas Securities LLC and Assenagon Asset Management S.A. have significantly invested in it. PFG shares' consensus recommendation remains a 'Hold'. A large percentage of their ownership belongs to institutional investors. Additionally, PFG launched new investment vehicles, including a $3.64 billion capital raise for a Data Centre Growth & Income Fund and the Capital Appreciation Select ETF.
Principal Financial Group PFG News Analytics from Wed, 31 Jul 2024 07:00:00 GMT to Sat, 21 Jun 2025 07:58:49 GMT -
Rating 0
- Innovation 5
- Information 7
- Rumor -3
