Envestnet Asset Management Inc. and other investment companies such as
Forsta AP Fonden, Aviva PLC, Resona Asset Management Co. Ltd., and Assetmark Inc. have reported significant purchases of
Principal Financial Group, Inc shares.
Illinois Municipal Retirement Fund now also holds a substantial value of the company's shares. Concurrently, insider trades show
Wee Cheong and other stakeholders decreasing their positions.
Principal Financial Group recently reported strong Q3 earnings, with
margin expansion reinforcing a bullish value narrative, although EPS missed estimates by $0.08. Digital expansion and plans for increasing dividends create an upbeat outlook for the company. The firm returned to profitability, contrasting prior bearish narratives. They also announced a dividend hike and completed new share buyback boosts. Despite certain concerns about weak core operations and missed EPS, the valuation of the group is perceived to hold strong along with its earnings quality.
Principal Financial Group PFG News Analytics from Sat, 26 Apr 2025 07:00:00 GMT to Sat, 15 Nov 2025 08:59:13 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor 2
