<div id="readability-page-1"><p><span>Principal Financial Group (NASDAQ:PFG - Get Free Report)</span> was downgraded by equities research analysts at Raymond James Financial from a &#34;strong-buy&#34; rating to an &#34;outperform&#34; rating in a research note issued to investors on Tuesday. They presently have a $111.00 price objective on the stock. Raymond James Financial's target price suggests a potential upside of 8.40% from the stock's previous close.</p><p>Several other analysts have also recently commented on the stock. UBS Group increased their price target on shares of Principal Financial Group from $92.00 to $94.00 and gave the company a &#34;neutral&#34; rating in a research note on Thursday, April 9th. Evercore  set a $108.00 price objective on Principal Financial Group in a research report on Monday, April 27th. Wells Fargo &amp; Company dropped their target price on Principal Financial Group from $91.00 to $87.00 and set an &#34;equal weight&#34; rating for the company in a research report on Friday, April 10th. Morgan Stanley upped their price target on Principal Financial Group from $93.00 to $95.00 and gave the company an &#34;equal weight&#34; rating in a research note on Tuesday, March 3rd. Finally, Keefe, Bruyette &amp; Woods  reiterated a &#34;hold&#34; rating and issued a $92.00 price target on shares of Principal Financial Group in a report on Thursday, March 26th. Three equities research analysts have rated the stock with a Buy rating, seven have assigned  a Hold rating and one  has assigned  a Sell rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of &#34;Hold&#34; and an average price target of $96.90.</p><p><b>Read Our Latest Report on PFG</b></p><h2>Principal Financial Group Price Performance</h2><p>Principal Financial Group stock opened at $102.40 on Tuesday. The business's fifty day moving average is $93.59 and its two-hundred day moving average is $90.82. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.27 and a current ratio of 0.27. The firm has a market cap of $22.12 billion, a P/E ratio of 14.65, a P/E/G ratio of 0.95 and a beta of 0.89. Principal Financial Group has a 52 week low of $75.00 and a 52 week high of $103.00. </p><p>Principal Financial Group (NASDAQ:PFG - Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The company reported $2.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.01 by $0.06. Principal Financial Group had a return on equity of 16.25% and a net margin of 10.10%.The business had revenue of $3.53 billion during the quarter, compared to analysts' expectations of $4.11 billion. During the same period in the previous year, the business posted $1.81 earnings per share.  Equities research analysts forecast that  Principal Financial Group will post 9.31 earnings per share for the current fiscal year. </p><h2>Insiders Place Their Bets</h2><p>In other news, insider Wee Yee Cheong sold 9,183 shares of the company's stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $101.26, for a total value of $929,870.58. Following the completion of the sale, the insider directly owned 77,188 shares of the company's stock, valued at $7,816,056.88. This represents a 10.63% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, General Counsel George Djurasovic sold 2,571 shares of the business's stock in a transaction that occurred on Tuesday, April 28th. The shares were sold at an average price of $100.83, for a total transaction of $259,233.93. Following the transaction, the general counsel owned 21,906 shares of the company's stock, valued at approximately $2,208,781.98. This represents a 10.50% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 17,572 shares of company stock valued at $1,776,769. 1.13% of the stock is owned by insiders. </p><h2>Institutional Inflows and Outflows</h2><p>Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Capital Management Corp VA grew its stake in shares of  Principal Financial Group by 19.2% during the 3rd quarter. Capital Management Corp VA now owns 172,736 shares of the company's stock worth $14,322,000 after acquiring an additional 27,857 shares in the last quarter.  Mediolanum International Funds Ltd lifted its position in shares of  Principal Financial Group by 41.5% in the third quarter. Mediolanum International Funds Ltd now owns 127,368 shares of the company's stock worth $10,504,000 after purchasing an additional 37,357 shares in the last quarter.  Rakuten Investment Management Inc. acquired a new position in  Principal Financial Group during the third quarter worth $18,526,000.  Teacher Retirement System of Texas increased its stake in  Principal Financial Group by 21.1% in the 3rd quarter. Teacher Retirement System of Texas now owns 215,843 shares of the company's stock valued at $17,896,000 after buying an additional 37,676 shares during the last quarter.  Finally, AE Wealth Management LLC increased its position in shares of  Principal Financial Group by 8.8% in the third quarter. AE Wealth Management LLC now owns 170,695 shares of the company's stock valued at $14,152,000 after acquiring an additional 13,795 shares during the last quarter. 75.08% of the stock is currently owned by institutional investors. </p><h2>Principal Financial Group Company Profile</h2> (Get Free Report)<p>Principal Financial Group <span>NASDAQ: PFG<span></span></span> is a global financial services company headquartered in Des Moines, Iowa, that provides a range of retirement, investment and insurance solutions to individuals, employers and institutional clients. The firm's business is organized around retirement services, asset management, and insurance products designed to help clients plan, invest for, and protect income over the long term.  </p><p>Principal's product and service offerings include retirement plan recordkeeping and administration for employer-sponsored plans, individual and group retirement annuities, life and disability insurance, employee benefits solutions, and wealth management services.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Principal Financial Group</li><li>Does Nano Nuclear Energy’s New Deal Amp the Outlook?</li><li>3 Dividend Stocks With Insiders Buying in 2026</li><li>Dillard’s Posted a Huge Earnings Beat—So Why Did the Rally Fade?</li><li>Why Trump’s Amazon Stock Sale May Not Matter at All</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UEZH?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UEZH"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Principal Financial Group Right Now?</h2><p>Before you consider Principal Financial Group, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Principal Financial Group wasn't on the list.</p><p>While Principal Financial Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Raymond James Financial downgraded Principal Financial Group from a 'strong-buy' to an 'outperform' rating, setting a price target of $111.00, indicating an 8.40% potential upside. Other analysts have varied ratings and price targets, with an average rating of 'Hold' and a target of $96.90. The company reported $2.07 EPS, beating estimates, with a market cap of $22.12 billion.</p>

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Principal Financial

Raymond James Financial

UBS Group AG

Evercore

Wells Fargo

Morgan Stanley

RAYMOND JAMES FINANCIAL INC 6.375%DEP SHS REP 1/40TH FXD FLTG SER B

WELLS FARGO & COMPANY DP SHS REP 1/1000TH INT NCUM PFD CL A DD

WELLS FARGO & COMPANY 7.5% PERP CONV PRF CLS 'A' SERIES 'L'

WELLS FARGO & COMPANY DEP SHS REP 1/1000 INT PER PFD SER Y A

WELLS FARGO & COMPANY DP SHS REP 1/1000TH INT NCUM PFD CL A CC

WELLS FARGO & COMPANY 4.75% DEP SHS 1/1000 NCUM PFD CL A SR Z

WELLS FARGO & COMPANY DEP SHS REP 1/1000TH INT PFD SR AA (CLA)

MORGAN STANLEY DEP SHS EA REP 1/1000 SHS NON CUM PFD O

MORGAN STANLEY DEP SHS REPSTG 1/1000TH PFD SER Q

MORGAN STANLEY DEP SHS REPS 1/1000 7.125% PFD E

MORGAN STANLEY NON-CUM DEP SH REP 1/1000 PFD SER I

MORGAN STANLEY 4.875 DEP SHS REP 1/1000 NCUM PFD SR L

MORGAN STANLEY 6.5%DEP SHS REPSTG 1/1000 NON CUM SER P

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Principal Financial Group (NASDAQ:PFG) Rating Lowered to "Outperform" at Raymond James Financial