Principal Financial Group, also known as PFG, has seen a range of activity in its trading. The insurance company's shares have been purchased by the Illinois Municipal Retirement Fund and Farther Finance Advisors LLC among others, even as some entities notably Asset Management One Co. Ltd and Lecap Asset Management Ltd cut their holdings. PFG has announced its first-quarter results for 2025 which showed strong EPS growth, despite a minor miss on expectations. PFG also secured a coveted A+ rating inside AM Best's assessment and saw an increase in dividends being paid out compared to the previous year.
Amid trading activities, PFG has also seen shifts in executive positions with Joel Pitz named as Executive Vice President and Chief Financial Officer, and Deanna Strable assuming the positions of president and CEO. Nevertheless, the company's outlook remains robust. Strable is expected to lead the Q1 2025 earnings discussion, in addition to other responsibilities. There has been some negative feedback, however, with PFG being downgraded to a 'sell' rating by Wall Street Zen.
Principal Financial Group PFG News Analytics from Wed, 31 Jul 2024 07:00:00 GMT to Sat, 28 Jun 2025 19:38:18 GMT - Rating 6 - Innovation 3 - Information 7 - Rumor -4
