What is DOWLING & PARTN’s Forecast for PFG FY2026 Earnings?

Principal Financial Group, Inc. (NASDAQ:PFG) – DOWLING & PARTN issued their FY2026 earnings per share (EPS) estimates for shares of Principal Financial Group in a research note issued on Wednesday, May 20th. DOWLING & PARTN analyst J. Hurwitz anticipates that the company will earn $9.35 per share for the year. The consensus estimate for Principal Financial Group’s current full-year earnings is $9.36 per share. DOWLING & PARTN also issued estimates for Principal Financial Group’s FY2027 earnings at $10.25 EPS and FY2028 earnings at $11.30 EPS.

A number of other research firms have also commented on PFG. Wells Fargo & Company lowered their price target on Principal Financial Group from $91.00 to $87.00 and set an “equal weight” rating for the company in a research report on Friday, April 10th. Barclays increased their price target on Principal Financial Group from $85.00 to $87.00 and gave the company an “underweight” rating in a research report on Friday, April 24th. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $92.00 price target on shares of Principal Financial Group in a research report on Thursday, March 26th. Weiss Ratings lowered Principal Financial Group from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, May 1st. Finally, Evercore set a $108.00 price target on Principal Financial Group in a research report on Monday, April 27th. Three research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $98.10.

Principal Financial Group Trading Down 0.1%

NASDAQ PFG opened at $104.57 on Thursday. The firm has a market capitalization of $22.59 billion, a P/E ratio of 14.96, a PEG ratio of 0.99 and a beta of 0.89. The business has a fifty day simple moving average of $95.70 and a 200 day simple moving average of $91.85. Principal Financial Group has a 12 month low of $75.00 and a 12 month high of $105.00. The company has a current ratio of 0.27, a quick ratio of 0.27 and a debt-to-equity ratio of 0.33.

Principal Financial Group (NASDAQ:PFG) last released its quarterly earnings results on Wednesday, April 29th. The company reported $2.07 EPS for the quarter, beating analysts’ consensus estimates of $2.01 by $0.06. The business had revenue of $3.53 billion during the quarter, compared to analyst estimates of $4.11 billion. Principal Financial Group had a return on equity of 16.25% and a net margin of 10.10%.During the same period in the prior year, the firm posted $1.81 EPS.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in PFG. Norges Bank bought a new position in Principal Financial Group in the 4th quarter worth about $273,276,000. AQR Capital Management LLC boosted its stake in Principal Financial Group by 112.8% in the 4th quarter. AQR Capital Management LLC now owns 2,348,233 shares of the company’s stock worth $207,138,000 after purchasing an additional 1,244,668 shares during the period. Bank of America Corp DE boosted its stake in Principal Financial Group by 9.6% in the 2nd quarter. Bank of America Corp DE now owns 12,370,852 shares of the company’s stock worth $982,617,000 after purchasing an additional 1,083,991 shares during the period. UBS Group AG boosted its stake in Principal Financial Group by 62.3% in the 3rd quarter. UBS Group AG now owns 2,023,880 shares of the company’s stock worth $167,800,000 after purchasing an additional 776,997 shares during the period. Finally, Invesco Ltd. boosted its stake in Principal Financial Group by 23.2% in the 3rd quarter. Invesco Ltd. now owns 3,376,797 shares of the company’s stock worth $279,970,000 after purchasing an additional 636,334 shares during the period. Institutional investors own 75.08% of the company’s stock.

Insider Buying and Selling at Principal Financial Group

In other Principal Financial Group news, insider Wee Yee Cheong sold 9,183 shares of the firm’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 transaction, the insider owned 77,188 shares in the company, valued at $7,816,056.88. This trade represents a 10.63% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, General Counsel George Djurasovic sold 2,571 shares of the firm’s stock in a transaction dated Tuesday, April 28th. The stock was sold at an average price of $100.83, for a total value of $259,233.93. Following the completion of 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. Insiders have sold a total of 28,317 shares of company stock valued at $2,884,902 in the last quarter. 1.13% of the stock is owned by corporate insiders.

Principal Financial Group Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Monday, June 1st will be paid a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a dividend yield of 3.1%. The ex-dividend date is Monday, June 1st. This is a positive change from Principal Financial Group’s previous quarterly dividend of $0.80. Principal Financial Group’s dividend payout ratio is currently 45.78%.

Principal Financial Group Company Profile

Principal Financial Group (NASDAQ: PFG) 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.

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.