Principal Financial Group (PFG) has recently experienced several major events that impact both shareholders and market outlook. The company has been upgraded by Morgan Stanley due to its current valuation. Recently, the financial giant has also shown strong Q2 earnings which has led to debate among analysts whether stock should be bought, sold or held. Important to note, PFG is expected to post earnings of $2.20 per share. Furthermore, PFG announced a collaboration with Barings to expand its private credit platform backed by a $1 billion investment. Moreover, the financial giant has reported $784.3 billion in assets under management and has raised its dividend to $0.78. Additionally, PFG has announced a new executive vice president and CFO, Joel Pitz, indicative of leadership transitions within the company. While the company's market value saw a minor decline, it has steadily regained footing with the stock currently trading above its 200-day SMA. However, with multiple institutional changes, debates among analysts regarding PFG's valuation and future performance persist.
Principal Financial Group PFG News Analytics from Mon, 10 Mar 2025 07:00:00 GMT to Sat, 25 Oct 2025 09:55:43 GMT -
Rating 6
- Innovation 3
- Information 8
- Rumor -1