Principal Financial Group (PFG) continues to attract attention from the market and analysts alike amid a softening sector cycle. While it hits a 52-week high of $90.33, topping up relative strength,
State Street Corp has cut its holdings in the asset management company. Despite recent share price momentum
share buybacks and
improved valuation after significant
revenue and net income growth have pushed its value. Its decision to increase dividend to $0.78 after a
beating Q3 expectation and raising guidance reflects strong growth in earnings. However, despite showing strong EPS growth, its Q3 earnings miss prompts a shift in focus to its long-term growth strategy.
Principal’s share performance has outstripped its underlying earning growth over the last five years, challenging bearish narratives about the company’s profitability. However, fear of prolonged weakness in its core operations that may impact its bullish value narrative still remains.
Principal Financial Group PFG News Analytics from Sat, 05 Apr 2025 07:00:00 GMT to Fri, 12 Dec 2025 13:49:19 GMT -
Rating 7
- Innovation 4
- Information 8
- Rumor -5
