DOWLING & PARTN Brokers Decrease Earnings Estimates for PFG

Principal Financial Group, Inc. (NASDAQ:PFG) – Stock analysts at DOWLING & PARTN lowered their FY2026 earnings per share (EPS) estimates for shares of Principal Financial Group in a research note issued to investors on Tuesday, October 27th. DOWLING & PARTN analyst J. Hurwitz now forecasts that the company will post earnings per share of $9.13 for the year, down from their previous estimate of $9.20. The consensus estimate for Principal Financial Group’s current full-year earnings is $9.44 per share. DOWLING & PARTN also issued estimates for Principal Financial Group’s FY2027 earnings at $10.20 EPS and FY2028 earnings at $11.20 EPS.

Principal Financial Group (NASDAQ:PFG) last announced its quarterly earnings data on Monday, October 26th. The company reported $2.22 earnings per share for the quarter, missing the consensus estimate of $2.46 by ($0.24). Principal Financial Group had a net margin of 9.93% and a return on equity of 16.49%. The firm had revenue of $4.28 billion during the quarter, compared to analyst estimates of $4.31 billion. During the same quarter last year, the company earned $2.32 EPS.

A number of other equities research analysts also recently weighed in on PFG. Barclays cut their price target on shares of Principal Financial Group from $92.00 to $86.00 and set an “underweight” rating for the company in a report on Wednesday, October 7th. Jefferies Financial Group lifted their price objective on shares of Principal Financial Group from $91.00 to $98.00 and gave the stock a “hold” rating in a research note on Friday, July 10th. Morgan Stanley boosted their target price on shares of Principal Financial Group from $107.00 to $112.00 and gave the stock an “equal weight” rating in a report on Monday, July 6th. Bank of America increased their target price on shares of Principal Financial Group from $94.00 to $104.00 and gave the company an “underperform” rating in a research note on Tuesday, July 28th. Finally, Raymond James Financial restated an “outperform” rating and set a $121.00 target price on shares of Principal Financial Group in a report on Monday, August 17th. Three investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $107.75.

Principal Financial Group Price Performance

NASDAQ:PFG opened at $111.84 on Thursday. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 0.36. The business’s 50-day moving average price is $112.09 and its 200 day moving average price is $103.25. Principal Financial Group has a 52-week low of $80.00 and a 52-week high of $121.18. The firm has a market cap of $23.95 billion, a P/E ratio of 12.43, a PEG ratio of 1.05 and a beta of 0.86.

Principal Financial Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 18th. Investors of record on Wednesday, December 2nd will be paid a $0.85 dividend. The ex-dividend date of this dividend is Wednesday, December 2nd. This represents a $3.40 dividend on an annualized basis and a yield of 3.0%. This is an increase from Principal Financial Group’s previous quarterly dividend of $0.84. Principal Financial Group’s dividend payout ratio (DPR) is 37.33%.

Institutional Trading of Principal Financial Group

Institutional investors and hedge funds have recently bought and sold shares of the stock. MGO One Seven LLC boosted its holdings in shares of Principal Financial Group by 5.7% in the third quarter. MGO One Seven LLC now owns 7,959 shares of the company’s stock worth $891,000 after buying an additional 426 shares during the period. Aprio Wealth Management LLC raised its position in Principal Financial Group by 5.6% during the third quarter. Aprio Wealth Management LLC now owns 5,536 shares of the company’s stock valued at $620,000 after buying an additional 296 shares during the period. Modera Wealth Management LLC acquired a new position in Principal Financial Group during the third quarter valued at $259,000. D.A. Davidson & CO. lifted its stake in Principal Financial Group by 5.1% in the 3rd quarter. D.A. Davidson & CO. now owns 14,951 shares of the company’s stock worth $1,674,000 after acquiring an additional 727 shares in the last quarter. Finally, BOKF NA boosted its position in Principal Financial Group by 6,278.0% during the 3rd quarter. BOKF NA now owns 47,325 shares of the company’s stock worth $5,299,000 after acquiring an additional 46,583 shares during the period. Institutional investors and hedge funds own 75.08% of the company’s stock.

Key Headlines Impacting Principal Financial Group

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

• Positive Sentiment: Piper Sandler maintained an “overweight” rating while lowering its price target to $125 from $128, implying substantial potential upside from recent trading levels. Piper Sandler price target update
• Positive Sentiment: Principal declared a quarterly dividend of $0.85 per share, up from $0.84, for an annualized payout of $3.40 and an approximately 3% yield. The increase supports the stock’s income appeal. Principal dividend announcement
• Positive Sentiment: Third-quarter profit increased year over year, while revenue remained broadly near expectations, providing evidence of underlying business resilience. Principal Financial Group Q3 profit rises
• Neutral Sentiment: UBS reduced its price target to $112 from $120 but retained a “neutral” rating, indicating limited near-term conviction despite the stock’s longer-term potential. UBS Principal Financial price target update
• Neutral Sentiment: Coverage focused on what the results mean for retirement savers, highlighting the importance of Principal’s retirement and asset-management operations for customers and investors. Principal results and retirement savers
• Negative Sentiment: Third-quarter adjusted earnings of $2.22 per share missed the $2.46 consensus estimate. Lower investment income, higher expenses and net cash outflows from assets under management pressured results despite higher profit and revenue. PFG Q3 earnings miss estimates
• Negative Sentiment: Reports that earnings were affected by asset outflows reinforce concerns about pressure on fee-based revenue and investment-management momentum. PFG Q3 earnings and asset outflows

Principal Financial Group Company Profile

Principal Financial Group, Inc is a global financial services company that helps individuals and businesses build, protect and manage wealth. Its offerings include retirement plans, individual retirement accounts, investment products, life and disability insurance, and financial wellness solutions. The company also provides institutional investment management and pension-risk transfer services.

Principal serves employers, institutions and individual investors through a range of retirement and workplace benefits solutions.