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Principal Finl Gr (NASDAQ:PFG) Stock, Rapport sur les intérêts à découvert

Principal Finl Gr

Principal Financial Group

Principal Financial

Principal Financial Group Inc

NYSE

Principal Financial Group Inc is a leader in Global investment management offering businesses, individuals and institutional clients a wide range of financial products and services, including retirement, asset management and insurance through diverse family of financial services companies. It operates in four business segments that are Retirement and Income Solutions, Principal Global Investors, Principal International, and United States Insurance Solutions. The company receives maximum revenue in the form of premiums.

Principal Financial Gr

Principal Financial Group Inc - Common Stock

Performance Food Group Company Common Stock

Performance Food Group Co

PACIFIC EDGE LTD ORD by Pacific Edge Limited

Pacific Edge Ltd

News

Management

Principal Financial Group Appoints Deanna Strable As CEO And President

<p>Barclays  analyst Alex Scott   maintains Principal Finl Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PFG#NASDAQ">PFG</a>) with a Underweight and raises the price target from $75 to $77.</p>


Price Target

Analyst Ratings

Barclays Maintains Underweight on Principal Finl Gr, Raises Price Target to $77

WIIM

Principal Financial Group shares are trading lower following a Q3 earnings miss.

<p>Principal Finl Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PFG#NASDAQ">PFG</a>) reported quarterly earnings of $1.78 per share which missed the analyst consensus estimate of $2.02 by 11.88 percent.</p>


Earnings

Earnings Misses

Principal Finl Gr Q3 2024 Adj. EPS $1.78 Misses $2.02 Estimate

<p>Principal Finl Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PFG#NASDAQ">PFG</a>) is preparing to release its quarterly earnings on Thursday, 2024-10-24. Here's a brief overview of what investors should keep in mind before the announcement.</p>
<p>Analysts expect Principal Finl Gr to report an <strong>earnings per share</strong> (EPS) of $2.00.</p>
<p>Principal Finl Gr bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.</p>
<p>New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).</p>
<h3>Past Earnings Performance</h3>
<p>In the previous earnings release, the company missed EPS by $0.21, leading to a 3.42% drop in the share price the following trading session.</p>
<p>Here's a look at Principal Finl Gr's past performance and the resulting price change:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
<th><strong>Q3 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>1.84</td>
<td>1.73</td>
<td>1.68</td>
<td>1.64</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>1.63</td>
<td>1.65</td>
<td>1.83</td>
<td>1.72</td>
</tr>
<tr>
<td><strong>Price Change %</strong></td>
<td>-3.0%</td>
<td>-2.0%</td>
<td>0.0%</td>
<td>-1.0%</td>
</tr>
</tbody>
</table>
</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1729695706_0.png" alt="eps graph" /></p>
<h3>Stock Performance</h3>
<p>Shares of Principal Finl Gr were trading at $89.92 as of October 22. Over the last 52-week period, shares are up 31.29%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. </p>
<p><a href="https://www.benzinga.com/quote/PFG/earnings"><strong>To track all earnings releases for Principal Finl Gr visit their earnings calendar on our site.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


A Look Ahead: Principal Finl Gr's Earnings Forecast

<p>B of A Securities  analyst Joshua Shanker   maintains Principal Finl Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PFG#NASDAQ">PFG</a>) with a Neutral and lowers the price target from $94 to $91.</p>


B of A Securities Maintains Neutral on Principal Finl Gr, Lowers Price Target to $91

<p>Wells Fargo  analyst Elyse Greenspan   maintains Principal Finl Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PFG#NASDAQ">PFG</a>) with a Equal-Weight and raises the price target from $85 to $86.</p>


Wells Fargo Maintains Equal-Weight on Principal Finl Gr, Raises Price Target to $86

<p>Barclays  analyst Alex Scott   maintains Principal Finl Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PFG#NASDAQ">PFG</a>) with a Underweight and raises the price target from $74 to $75.</p>


Barclays Maintains Underweight on Principal Finl Gr, Raises Price Target to $75

<p>Principal Finl Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PFG#NASDAQ">PFG</a>) underwent analysis by 10 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.</p>
<p>Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">7</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
</tr>
</tbody>
</table>
<p>Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $84.4, along with a high estimate of $99.00 and a low estimate of $70.00. This current average reflects an increase of 2.93% from the previous average price target of $82.00. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1727877699_0.png" alt="price target chart" /></p>
<h2>Analyzing Analyst Ratings: A Detailed Breakdown</h2>
<p>A comprehensive examination of how financial experts perceive Principal Finl Gr is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>John Barnidge</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Neutral</td>
<td>$90.00</td>
<td>$85.00</td>
</tr>
<tr>
<td>Alex Scott</td>
<td>Barclays</td>
<td>Announces</td>
<td>Underweight</td>
<td>$74.00</td>
<td>-</td>
</tr>
<tr>
<td>Bob Huang</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$83.00</td>
<td>$85.00</td>
</tr>
<tr>
<td>Ryan Krueger</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Lowers</td>
<td>Market Perform</td>
<td>$86.00</td>
<td>$88.00</td>
</tr>
<tr>
<td>Scott Heleniak</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Sector Perform</td>
<td>$87.00</td>
<td>$83.00</td>
</tr>
<tr>
<td>Edward Kelly</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$85.00</td>
<td>$87.00</td>
</tr>
<tr>
<td>Michael Ward</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Sell</td>
<td>$70.00</td>
<td>$68.00</td>
</tr>
<tr>
<td>Suneet Kamath</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Hold</td>
<td>$76.00</td>
<td>$73.00</td>
</tr>
<tr>
<td>Joshua Shanker</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Neutral</td>
<td>$94.00</td>
<td>$87.00</td>
</tr>
<tr>
<td>Wilma Burdis</td>
<td>Raymond James</td>
<td>Announces</td>
<td>Strong Buy</td>
<td>$99.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Principal Finl Gr. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Principal Finl Gr compared to the broader market.</li>
<li><strong>Price Targets:</strong> Understanding forecasts, analysts offer estimates for Principal Finl Gr's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
<p>Capture valuable insights into Principal Finl Gr's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/PFG/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Principal Finl Gr analyst ratings.</strong></a></p>
<h2>Get to Know Principal Finl Gr Better</h2>
<p>Principal Financial Group Inc is a leader in Global investment management offering businesses, individuals and institutional clients a wide range of financial products and services, including retirement, asset management and insurance through diverse family of financial services companies. It operates in four business segments that are Retirement and Income Solutions, Principal Global Investors, Principal International, and United States Insurance Solutions. The company receives maximum revenue in the form of premiums.</p>
<h3>Principal Finl Gr: Financial Performance Dissected</h3>
<p><strong>Market Capitalization:</strong> Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.</p>
<p><strong>Revenue Growth:</strong> Principal Finl Gr's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately <strong>21.18%</strong>. This indicates a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Financials sector.</p>
<p><strong>Net Margin:</strong> Principal Finl Gr's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of <strong>8.19%,</strong> the company may face hurdles in effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of <strong>3.18%,</strong> the company may need to address challenges in generating satisfactory returns for shareholders.</p>
<p><strong>Return on Assets (ROA):</strong> The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of <strong>0.11%,</strong> the company may need to address challenges in generating satisfactory returns from its assets.</p>
<p><strong>Debt Management:</strong> Principal Finl Gr's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of <strong>0.36</strong>.</p>
<h2>The Basics of Analyst Ratings</h2>
<p>Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.</p>
<p>Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.</p>
<p><strong>Breaking: Wall Street's Next Big Mover</strong></p>
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<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Cracking The Code: Understanding Analyst Reviews For Principal Finl Gr

<p>Piper Sandler  analyst John Barnidge   maintains Principal Finl Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PFG#NASDAQ">PFG</a>) with a Neutral and raises the price target from $85 to $90.</p>


Piper Sandler Maintains Neutral on Principal Finl Gr, Raises Price Target to $90

<p>Shares of <strong>Principal Financial Group, Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pfg#NASDAQ">PFG</a>) have gained 0.8% in the past year, underperforming the industry&#39;s growth of 11% and the Zacks S&amp;P 500 composite&#39;s rise of 14.4%.</p>
<h2>PFG Lags Industry and S&amp;P</h2>
<p><img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/80/77282.jpg?v=1534126285" /></p>
<p>Image Source: Zacks Investment Research</p>
<p>Earnings per share missed the consensus estimate in the last two reported quarters of 2024.</p>
<p>Closing at $79.30 on Tuesday, the stock stands almost 10.1% below its 52-week high of $88.26.</p>
<p>The Zacks Consensus Estimate for PFG&#39;s 2024 and 2025 earnings has moved 0.2% and 0.3% south, respectively, in the past 30 days.</p>
<p>Principal Financial&#39;s expenses have been increasing since 2013 due to a rise in benefits, claims and settlement expenses, as well as operating expenses. An increase in expenses weighs on its margins. Net margin contracted 280 basis points to 8.1% in the second quarter of 2024.</p>
<h2>Factors Benefiting PFG Stock</h2>
<p>Principal Financial&#39;s revenue growth is expected to improve in the long run, riding on higher premiums and other considerations, fees and other revenues, and improved net investment income across its segments.</p>
<p>The Principal International segment is likely to benefit from higher single-premium annuity sales in Chile. The segment&#39;s operating earnings should gain from foreign currency tailwinds.</p>
<p>The Specialty Benefits Insurance business should continue to gain from record sales, strong retention and employment growth. Growth in the business, favorable claims and disciplined expense management should benefit its pre-tax operating earnings.</p>
<p>Strong institutional flows across equities, real estate and specialty fixed income, highlighting the value of diversified distribution through its institutional, retail and retirement channels, are likely to drive positive net cash flow. Principal Financial&#39;s extensive distribution footprint, strategic buyouts and operational discipline should enhance the assets under management growth.</p>
<p>Principal Financial boasts a strong capital position, with sufficient cash generation capabilities and liquidity. To reflect the business mix and risk profile, PFG lowered the target RBC level from the previous 400% to a range of 375-400%. For 2024, PFG remains well-positioned to deliver on enterprise long-term financial targets, with 9% to 12% growth in earnings per share and 75% to 85% free capital flow conversion.</p>
<h2>PFG&#39;s Distribution of Wealth</h2>
<p>Principal Financial&#39;s wealth distribution through share buybacks and dividend payment looks impressive. In the third quarter of 2023, PFG raised the dividend by 11% for the fifth consecutive quarter, aligned with the targeted 40% dividend payout ratio, demonstrating confidence in continued growth and overall performance. It also boasts a solid dividend yield of 3.6%, higher than the industry average of 2.4%. The company continues to expect to deliver on the targeted 75-85% free capital flow for 2024.</p>
<p>PFG returned more than $415 million of capital to shareholders in the second quarter of 2024, including $250 million of share repurchases. It remains committed to returning excess capital to shareholders and continues to expect $1.5-$1.8 billion of capital deployment for 2024, including $800 million to $1.1 billion of share repurchases. Based on net income, excluding exited business, the company targets 35-45% share repurchases in 2024.</p>
<h2>Estimates for Principal Financial</h2>
<p>The Zacks Consensus Estimate for Principal Financial&#39;s 2024 earnings per share indicates a year-over-year increase of 11.6%. The consensus estimate for revenues is pegged at $15.81 billion, implying a year-over-year improvement of 7.8%.</p>
<p>The consensus estimate for 2025 earnings per share and revenues indicates an increase of 15.4% and 4.6%, respectively, from the corresponding 2024 estimates.</p>
<h2>PFG&#39;s Favorable Return on Equity</h2>
<p>PFG&#39;s return on equity in the trailing 12 months was 14.9%, better than the industry average of 9.7%, reflecting efficiency in utilizing shareholders&#39; funds.</p>
<h2>PFG Shares Are Affordable</h2>
<p>Principal Financial is trading at a discount compared with the industry average. It presents a compelling investment opportunity with its attractive forward 12-month price-to-earnings ratio of 9.8X, lower than the industry average of 14.82X. Also, it has a Value Score of A.</p>
<p>Shares of other accident and health insurers like <strong>Affiliated Managers Group, Inc. </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/amg#NYSE">AMG</a>), <strong>Ameriprise Financial, Inc.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/amp#NYSE">AMP</a>)&nbsp;and <strong>Apollo Global Management Inc.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/apo#NYSE">APO</a>) are also trading at a discount to the industry average.</p>
<h2>Wrapping Up: Keep On Holding</h2>
<p>Principal Financial&#39;s financial stability, favorable growth estimates and affordability of shares make it an attractive stock to retain for current investors.&nbsp;<br />
PFG should benefit from strategic buyouts, strong retention, higher single premium annuity sales, effective capital deployment, positive net cash flow and favorable return on capital. It is, therefore, wise to hold on to this Zacks Rank #3 (Hold) stock.</p>
<p><a href="https://www.zacks.com/stock/news/2334685/principal-financial-stock-lags-industry-should-you-hold-or-fold?cid=CS-BENZ-FT-analyst_blog|rank_focused-2334685">To read this article on Zacks.com click here.</a></p>


Large Cap

Mid Cap

Dividends

Buybacks

Markets

Trading Ideas

Principal Financial Stock Lags Industry: Should You Hold or Fold?

<p>Barclays  analyst Alex Scott   initiates coverage on Principal Finl Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PFG#NASDAQ">PFG</a>) with a Underweight rating and announces Price Target of $74.</p>


Initiation

Barclays Initiates Coverage On Principal Finl Gr with Underweight Rating, Announces Price Target of $74

Principal Financial Group Appoints Deanna Strable As President And COO

<p>In the latest quarter, 10 analysts provided ratings for Principal Finl Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PFG#NASDAQ">PFG</a>), showcasing a mix of bullish and bearish perspectives.</p>
<p>The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">8</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $85.4, with a high estimate of $99.00 and a low estimate of $70.00. Surpassing the previous average price target of $81.44, the current average has increased by 4.86%.</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1724090482_0.png" alt="price target chart" /></p>
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
<p>In examining recent analyst actions, we gain insights into how financial experts perceive Principal Finl Gr. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Bob Huang</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$83.00</td>
<td>$85.00</td>
</tr>
<tr>
<td>Ryan Krueger</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Lowers</td>
<td>Market Perform</td>
<td>$86.00</td>
<td>$88.00</td>
</tr>
<tr>
<td>Scott Heleniak</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Sector Perform</td>
<td>$87.00</td>
<td>$83.00</td>
</tr>
<tr>
<td>Edward Kelly</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$85.00</td>
<td>$87.00</td>
</tr>
<tr>
<td>Michael Ward</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Sell</td>
<td>$70.00</td>
<td>$68.00</td>
</tr>
<tr>
<td>Suneet Kamath</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Hold</td>
<td>$76.00</td>
<td>$73.00</td>
</tr>
<tr>
<td>Joshua Shanker</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Neutral</td>
<td>$94.00</td>
<td>$87.00</td>
</tr>
<tr>
<td>Wilma Burdis</td>
<td>Raymond James</td>
<td>Announces</td>
<td>Strong Buy</td>
<td>$99.00</td>
<td>-</td>
</tr>
<tr>
<td>Jimmy Bhullar</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Neutral</td>
<td>$96.00</td>
<td>$88.00</td>
</tr>
<tr>
<td>Suneet Kamath</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Hold</td>
<td>$78.00</td>
<td>$74.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Principal Finl Gr. This offers insight into analysts' perspectives on the current state of the company.</li>
<li><strong>Rating:</strong> Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Principal Finl Gr compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts predict movements in price targets, offering estimates for Principal Finl Gr's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
<p>Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Principal Finl Gr's market position. Stay informed and make well-informed decisions with our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/PFG/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Principal Finl Gr analyst ratings.</strong></a></p>
<h2>All You Need to Know About Principal Finl Gr</h2>
<p>Principal Financial Group Inc is a leader in Global investment management offering businesses, individuals and institutional clients a wide range of financial products and services, including retirement, asset management and insurance through diverse family of financial services companies. It operates in four business segments that are Retirement and Income Solutions, Principal Global Investors, Principal International, and United States Insurance Solutions. The company receives maximum revenue in the form of premiums.</p>
<h3>Principal Finl Gr: Financial Performance Dissected</h3>
<p><strong>Market Capitalization Highlights:</strong> Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.</p>
<p><strong>Revenue Growth:</strong> Principal Finl Gr's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately <strong>21.18%</strong>. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Financials sector, the company faces challenges, achieving a growth rate lower than the average among peers.</p>
<p><strong>Net Margin:</strong> Principal Finl Gr's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of <strong>8.19%,</strong> the company may face hurdles in effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> Principal Finl Gr's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of <strong>3.18%,</strong> the company may encounter challenges in delivering satisfactory returns for shareholders.</p>
<p><strong>Return on Assets (ROA):</strong> Principal Finl Gr's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of <strong>0.11%,</strong> the company may face hurdles in generating optimal returns from its assets.</p>
<p><strong>Debt Management:</strong> Principal Finl Gr's debt-to-equity ratio is below the industry average at <strong>0.36</strong>, reflecting a lower dependency on debt financing and a more conservative financial approach.</p>
<h2>Analyst Ratings: Simplified</h2>
<p>Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. </p>
<p>In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


10 Analysts Assess Principal Finl Gr: What You Need To Know

<p>Morgan Stanley  analyst Bob Huang   maintains Principal Finl Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PFG#NASDAQ">PFG</a>) with a Equal-Weight and lowers the price target from $85 to $83.</p>


Morgan Stanley Maintains Equal-Weight on Principal Finl Gr, Lowers Price Target to $83

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Shares of companies within the broader financial sector are trading lower amid overall market weakness following weak US jobs data.

<p>Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-ratings/">analyst ratings page</a>.</p>
<ul>
<li>Keefe, Bruyette &amp; Woods cut <strong>Principal Financial Group, Inc.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PFG#NYSE">PFG</a>) price target from $88 to $86. <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58da738bb85e9300014639dd/ryan-krueger">Keefe, Bruyette &amp; Woods analyst Ryan Krueger</a> maintained a Market Perform rating. Principal Financial shares closed at $81.43 on Monday. <a href="https://www.benzinga.com/quote/PFG/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>JP Morgan raised the price target for <strong>Hologic, Inc</strong>. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOLX#NASDAQ">HOLX</a>) from $91 to $95. <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/6363d9392048c30001610cbe/casey-woodring">JP Morgan analyst Casey Woodring</a> maintained an Overweight rating. Hologic shares closed at $79.64 on Monday. <a href="https://www.benzinga.com/quote/HOLX/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>RBC Capital boosted the price target for <strong>F5, Inc</strong>. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFIV#NASDAQ">FFIV</a>) from $182 to $205. <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5880b6f377f9dd00011b0ab2/matthew-hedberg">RBC Capital analyst Matthew Hedberg</a> maintained a Sector Perform rating. F5 shares closed at $177.59 on Monday. <a href="https://www.benzinga.com/quote/FFIV/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Truist Securities boosted the price target for <strong>Varonis Systems, Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRNS#NASDAQ">VRNS</a>) from $55 to $60.<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/57fdefd3ac6af40001334e3e/joel-fishbein"> Truist Securities analyst Joel Fishbein</a> reiterated a Buy rating. Varonis shares closed at $48.49 on Monday. <a href="https://www.benzinga.com/quote/VRNS/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Wells Fargo boosted <strong>Universal Health Services, Inc</strong>. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UHS#NYSE">UHS</a>) price target from $200 to $255. <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/6062fb3160c58c00018c213e/stephen-baxter">Wells Fargo analyst Stephen Baxter</a> maintained an Overweight rating. Universal Health shares closed at $217.43 on Monday. <a href="https://www.benzinga.com/quote/UHS/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Benchmark increased the price target for <strong>ON Semiconductor Corporation</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ON#NASDAQ">ON</a>) from $80 to $90. <a href="https://widgets.benzinga.com/analyst-stock-ratings/analyst/60216a57879cba00010f246b/david-williams">Benchmark analyst David Williams</a> maintained a Buy rating. ON Semiconductor shares closed at $78.27 on Monday. <a href="https://www.benzinga.com/quote/ON/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Susquehanna increased <strong>Royal Caribbean Cruises Ltd</strong>. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCL#NYSE">RCL</a>) price target from $160 to $180.<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5e99cf3ed89aa400014fa918/christopher-stathoulopoulos"> Susquehanna analyst Christopher Stathoulopoulos</a> maintained a Positive rating. Royal Caribbean Cruises shares closed at $155.14 on Monday. <a href="https://www.benzinga.com/quote/RCL/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Barclays boosted <strong>Lockheed Martin Corporation</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) price target from $480 to $505. <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5ae1f1fb1fe0110001f9176e/david-strauss">Barclays analyst David Strauss </a>maintained an Equal-Weight rating. Lockheed Martin shares closed at $527.64 on Monday. <a href="https://www.benzinga.com/quote/LMT/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Needham raised <strong>Amkor Technology, Inc</strong>. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMKR#NASDAQ">AMKR</a>) price target from $40 to $45. <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/60ed6112b473c600014bf1c9/charles-shi">Needham analyst Charles Shi</a> maintained a Buy rating. Amkor Technology shares closed at $37.60 on Monday. <a href="https://www.benzinga.com/quote/AMKR/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Barclays boosted <strong>GE Aerospace</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>) price target from $175 to $200. <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/585808edee7bf60001bcfa26/julian-mitchell">Barclays analyst Julian Mitchell</a> maintained an Overweight rating. GE Aerospace shares closed at $169.87 on Monday. <a href="https://www.benzinga.com/quote/GE/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
<p><strong>Check This Out: </strong></p>
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<li><strong><a href="https://www.benzinga.com/news/earnings/24/07/40038432/mcdonalds-analysts-cut-their-forecasts-after-downbeat-earnings">McDonald&#8217;s Analysts Cut Their Forecasts After Downbeat Earnings</a></strong></li>
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<p>Keefe, Bruyette &amp; Woods  analyst Ryan Krueger   maintains Principal Finl Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PFG#NASDAQ">PFG</a>) with a Market Perform and lowers the price target from $88 to $86.</p>


Keefe, Bruyette & Woods Maintains Market Perform on Principal Finl Gr, Lowers Price Target to $86

<p>RBC Capital  analyst Scott Heleniak   maintains Principal Finl Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PFG#NASDAQ">PFG</a>) with a Sector Perform and raises the price target from $83 to $87.</p>


RBC Capital Maintains Sector Perform on Principal Finl Gr, Raises Price Target to $87

In a report released on October 25, Scott Heleniak from RBC Capital maintained a Hold rating on Principal Financial (PFG – Research Report), with a...

RBC Capital Remains a Hold on Principal Financial (PFG)

Morgan Stanley analyst Bob Huang maintained a Hold rating on Principal Financial (PFG – Research Report) today and set a price target of $86.00. Th...

Morgan Stanley Keeps Their Hold Rating on Principal Financial (PFG)

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Principal Financial (PFG) announced the board of directors has appointed president and chief operating officer Deanna Strable as the company's next...

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Evercore ISI raised the firm's price target on Principal Financial (PFG) to $98 from $85 and keeps an In Line rating on the shares. The firm thinks...

Principal Financial price target raised to $98 from $85 at Evercore ISI

Principal Financial ( ($PFG) ) has provided an announcement. Principal Financial Group has announced a leadership transition with Deanna Strable se...

Principal Financial Announces Leadership Transition and Growth

Principal Financial Upgraded As Growth Indicators And 3% Yield Looks Positive

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Group Health Life and Benefits Brokers can leverage PerfectQuote's Digital Quoting Platform to receive underwritten quotes directly from Principal Financial Group®.

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