Principal Financial Group (PFG) continues to capture attention in the finance world with significant movements registered in stock and asset holdings.
Massachusetts Financial Services has increased its stock holdings in the company. There is a strong institutional backing, including large holdings by
AustralianSuper Pty Ltd, and
Capital Management Corp VA. Other critical stakeholders include
Cerity Partners LLC,
M&T Bank Corp, and
Wealthfront Advisers LLC showing robust interest in PFG. On the other hand, some entities like the
Bank of New York Mellon Corp have reduced their position in PFG. PFG reported $752.7 billion assets under management, attracting mixed sentiments about its direction. An offer by Potemkin Ltd has been met with resistance by PFG advising shareholders to reject it. PFG has had a subsequent increase in its stock price and is being traded at a premium. PFG's recent collaboration with
FuturePlan meets the heightened demand for pooled retirement plans. Meanwhile, PFG has been acknowledged as a
Best Place to Work for Disability Inclusion. This progress is despite the bearish sentiments from some brokerages, urging to
Reduce PFG holdings. The recent appointment of
Joel Pitz as CFO and EVP, and
Deanna Strable as the next president and CEO has stirred interest in the market.
Principal Financial Group PFG News Analytics from Wed, 16 Oct 2024 07:00:00 GMT to Sat, 19 Jul 2025 23:44:27 GMT -
Rating 6
- Innovation 5
- Information 8
- Rumor 3
