Munich Reinsurance Co Stock Corp in Munich Buys 74,464 Shares of Principal Financial Group, Inc. $PFG

Key Points

• Munich Re boosted its stake in Principal Financial Group by 4,279.5%, adding 74,464 shares to hold 76,204 shares worth about $6.78 million, and institutional investors now own roughly 75.08% of the stock.
• Principal raised its quarterly dividend to $0.82 (annualized $3.28), up 2.5% and implying a ~3.3% yield; the ex-dividend date is June 1 and the payment date is June 26.
• Q1 showed an EPS beat and margin gains but a material year-over-year revenue decline, and analysts have an average rating of "Hold" with a mean price target of $93.78.

Munich Reinsurance Co Stock Corp in Munich boosted its stake in Principal Financial Group, Inc. (NASDAQ:PFG - Free Report) by 4,279.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 76,204 shares of the company's stock after acquiring an additional 74,464 shares during the period. Munich Reinsurance Co Stock Corp in Munich's holdings in Principal Financial Group were worth $6,775,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Principal Financial Group in the fourth quarter valued at approximately $26,000. FWL Investment Management LLC bought a new position in shares of Principal Financial Group during the 3rd quarter worth approximately $32,000. Rialto Wealth Management LLC boosted its holdings in shares of Principal Financial Group by 3,754.5% during the 4th quarter. Rialto Wealth Management LLC now owns 424 shares of the company's stock worth $37,000 after buying an additional 413 shares in the last quarter. Princeton Global Asset Management LLC boosted its holdings in shares of Principal Financial Group by 315.7% during the 4th quarter. Princeton Global Asset Management LLC now owns 424 shares of the company's stock worth $37,000 after buying an additional 322 shares in the last quarter. Finally, Flagship Harbor Advisors LLC bought a new position in shares of Principal Financial Group during the 4th quarter worth approximately $38,000. 75.08% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. JPMorgan Chase & Co. restated a "neutral" rating and set a $103.00 price target on shares of Principal Financial Group in a report on Monday, January 5th. UBS Group upped their price objective on shares of Principal Financial Group from $92.00 to $94.00 and gave the company a "neutral" rating in a report on Thursday, April 9th. Morgan Stanley increased their price objective on shares of Principal Financial Group from $93.00 to $95.00 and gave the stock an "equal weight" rating in a research report on Tuesday, March 3rd. Weiss Ratings upgraded Principal Financial Group from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Monday, December 29th. Finally, Wells Fargo & Company reduced their target price on Principal Financial Group from $91.00 to $87.00 and set an "equal weight" rating for the company in a research note on Friday, April 10th. Two analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $93.78.

Insider Activity at Principal Financial Group

In other news, CEO Deanna D. Strable-Soethout sold 7,340 shares of Principal Financial Group stock in a transaction 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 sale, the chief executive officer directly owned 136,828 shares in the company, valued at $12,998,660. The trade was a 5.09% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.08% of the stock is owned by insiders.

Principal Financial Group Stock Performance

Shares of PFG stock opened at $99.34 on Friday. The company has a current ratio of 0.27, a quick ratio of 0.27 and a debt-to-equity ratio of 0.33. The firm has a fifty day simple moving average of $91.71 and a two-hundred day simple moving average of $88.70. Principal Financial Group, Inc. has a 12 month low of $71.54 and a 12 month high of $101.54. The firm has a market capitalization of $21.52 billion, a PE ratio of 14.21, a price-to-earnings-growth ratio of 0.89 and a beta of 0.87.

Principal Financial Group (NASDAQ:PFG - Get Free Report) last released its quarterly earnings data on Wednesday, February 18th. The company reported $2.20 earnings per share for the quarter. Principal Financial Group had a net margin of 10.10% and a return on equity of 16.30%. The firm had revenue of $4.58 billion for the quarter. Analysts forecast that Principal Financial Group, Inc. will post 9.32 EPS for the current fiscal year.

Principal Financial Group Increases Dividend

The firm also recently announced 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 dividend on an annualized basis and a dividend yield of 3.3%. 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 (DPR) is presently 45.78%.

Principal Financial Group News Roundup

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

• Positive Sentiment: Q1 earnings topped expectations and profitability strengthened: EPS beat estimates (reported ~$2.07/sh) as fee income and AUM growth drove profit and margin expansion, supporting near-term earnings momentum. PFG Q1 Earnings Top Estimates, Revenues Decline Y/Y, Dividend Up
• Positive Sentiment: Management signaled confidence in its 2026 targets after Q1 margin gains — reiterating 9%–12% EPS growth and a 15%–17% ROE target — which supports the stock’s re-rating on expectations of sustainable profitability improvement. Principal signals confidence in 2026 targets...
• Positive Sentiment: Dividend raised: the board approved a quarterly payout of $0.82 (up 2.5%), implying a ~3.3% yield — a shareholder-friendly move that supports income-focused investor demand.
• Neutral Sentiment: The full Q1 earnings call transcript is available for details on segment performance and capital deployment — useful for investors wanting color on sustainability of fee income and reserve trends. PFG Q1 2026 Earnings Call Transcript
• Negative Sentiment: Revenue declined year-over-year and missed consensus materially (reported ~$3.52B vs. ~4.11B consensus), reflecting weaker top-line activity despite margin gains — a risk if revenue trends persist. View Press Release

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.

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