Allianz Asset Management GmbH Reduces Holdings in Principal Financial Group, Inc. $PFG

Allianz Asset Management GmbH reduced its stake in Principal Financial Group, Inc. (NYSE:PFG) by 54.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,769 shares of the company’s stock after selling 43,179 shares during the period. Allianz Asset Management GmbH’s holdings in Principal Financial Group were worth $2,966,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Traub Capital Management LLC bought a new position in shares of Principal Financial Group in the second quarter worth approximately $26,000. Capital A Wealth Management LLC increased its position in Principal Financial Group by 5,533.3% during the second quarter. Capital A Wealth Management LLC now owns 338 shares of the company’s stock valued at $27,000 after acquiring an additional 332 shares during the last quarter. Curio Wealth LLC boosted its position in Principal Financial Group by 37,800.0% in the second quarter. Curio Wealth LLC now owns 379 shares of the company’s stock worth $30,000 after purchasing an additional 378 shares during the last quarter. Private Wealth Asset Management LLC lifted its stake in shares of Principal Financial Group by 163.4% in the 2nd quarter. Private Wealth Asset Management LLC now owns 403 shares of the company’s stock worth $32,000 after purchasing an additional 250 shares during the period. Finally, CYBER HORNET ETFs LLC bought a new stake in Principal Financial Group during the second quarter valued at approximately $45,000. 75.08% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on PFG shares. UBS Group boosted their price objective on shares of Principal Financial Group from $88.00 to $92.00 and gave the company a “neutral” rating in a research report on Thursday, January 8th. Wells Fargo & Company boosted their price target on Principal Financial Group from $74.00 to $85.00 and gave the company an “underweight” rating in a report on Tuesday, January 13th. Morgan Stanley set a $93.00 price objective on Principal Financial Group in a research note on Monday, December 15th. Keefe, Bruyette & Woods boosted their price objective on Principal Financial Group from $90.00 to $91.00 and gave the company a “market perform” rating in a research note on Thursday, October 30th. Finally, Piper Sandler increased their target price on shares of Principal Financial Group from $94.00 to $100.00 and gave the stock an “overweight” rating in a report on Tuesday, December 23rd. One investment analyst has rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Principal Financial Group presently has an average rating of “Reduce” and a consensus target price of $93.22.

Insider Transactions at Principal Financial Group

In other news, CEO Deanna D. Strable-Soethout sold 7,340 shares of the company’s stock in a transaction that occurred on Friday, January 30th. The stock was sold at an average price of $95.00, for a total transaction of $697,300.00. Following the transaction, the chief executive officer owned 136,828 shares of the company’s stock, valued at approximately $12,998,660. This represents a 5.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Insiders have sold a total of 24,965 shares of company stock valued at $2,352,460 over the last ninety days. 1.08% of the stock is owned by company insiders.

Principal Financial Group Stock Performance

Principal Financial Group stock opened at $92.81 on Thursday. The company’s 50-day moving average price is $90.95 and its 200-day moving average price is $84.53. The company has a quick ratio of 0.30, a current ratio of 0.29 and a debt-to-equity ratio of 0.36. The company has a market cap of $20.68 billion, a PE ratio of 13.89, a price-to-earnings-growth ratio of 0.76 and a beta of 0.89. Principal Financial Group, Inc. has a twelve month low of $68.39 and a twelve month high of $97.88.

Principal Financial Group (NYSE:PFG) last released its quarterly earnings results on Monday, February 9th. The company reported $2.19 EPS for the quarter, missing the consensus estimate of $2.22 by ($0.03). Principal Financial Group had a return on equity of 14.68% and a net margin of 9.74%.During the same period in the previous year, the business posted $1.94 earnings per share. Principal Financial Group has set its FY 2026 guidance at 9.010-9.260 EPS. On average, equities research analysts forecast that Principal Financial Group, Inc. will post 8.5 EPS for the current fiscal year.

Principal Financial Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Wednesday, March 11th will be given a $0.80 dividend. This is an increase from Principal Financial Group’s previous quarterly dividend of $0.79. The ex-dividend date of this dividend is Wednesday, March 11th. This represents a $3.20 dividend on an annualized basis and a yield of 3.4%. Principal Financial Group’s dividend payout ratio is currently 60.72%.

Principal Financial Group News Roundup

Here are the key news stories impacting Principal Financial Group this week:

• Positive Sentiment: Company raised its quarterly dividend to $0.80/share (annualized yield ~3.4%), a 1.3% increase that supports income-focused holders and signals capital return priority.
• Positive Sentiment: Zacks highlights PFG as an attractive dividend stock, reinforcing the stock’s appeal to income investors. Why Principal Financial (PFG) is a Great Dividend Stock Right Now
• Neutral Sentiment: Management presented at the Bank of America Financial Services Conference (transcript available) — useful for incremental visibility into strategy and outlook but no major new guidance changes. Principal Financial Group Presents at Bank of America Financial Services Conference 2026 Transcript
• Neutral Sentiment: Bank of America raised its PFG price target slightly to $96 but kept a “neutral” rating — modest upside implied but no bullish re-rating. Benzinga
• Neutral Sentiment: Earnings presentation and call transcripts are posted (slides and Q&A) — they provide detail on segment performance and capital deployment but largely reiterate previously disclosed numbers. 2025 Q4 Results – Earnings Call Presentation
• Negative Sentiment: Q4 EPS missed consensus narrowly ($2.19 vs. $2.22) and higher expenses offset revenue gains in several segments — this near-term earnings miss likely pressured the stock. Principal Financial Q4 Earnings Miss, Revenues & Premiums Rise Y/Y
• Negative Sentiment: Equity analyst note downgraded PFG to “Hold” arguing that the company’s strong run, in-line Q4, and capital returns are largely priced in — limits upside and can weigh on momentum. The same note still acknowledges robust buybacks/dividend capacity from excess capital. Principal Financial Group: Capital Returns Reflected In Valuation (Downgrade)

Principal Financial Group Company Profile

Principal Financial Group, commonly known as Principal, is a global financial services company headquartered in Des Moines, Iowa. The firm provides a broad range of retirement, investment management and insurance solutions for individual, employer and institutional clients. Its core businesses include retirement plan services and recordkeeping, asset management, and life and disability insurance, supported by distribution through employers, financial advisors and direct channels.

On the retirement side, Principal offers 401(k) and other workplace retirement plans, individual retirement accounts and annuity products designed to help clients accumulate and manage retirement savings.