Principal Financial Group Inc. Has $65.76 Million Stock Holdings in Grab Holdings Limited $GRAB

Key Points

• Principal Financial Group increased its stake in Grab by 28.9% in Q4, buying 2.96 million shares to hold 13,177,391 shares valued at about $65.76 million (≈0.33% of the company).
• Grab's Q1 showed a revenue beat of $955.0 million versus $921.7 million expected, but it missed on EPS (loss of $0.01 vs. $0.02 expected), with analysts forecasting FY EPS of roughly $0.08.
• Multiple institutions (Assenagon, Citigroup, Invesco, Ameriprise, etc.) have materially increased positions—institutions own 55.52%—and the consensus rating is a Moderate Buy with an average target of about $6.19 versus the current ~$3.79 share price.

Principal Financial Group Inc. boosted its holdings in shares of Grab Holdings Limited (NASDAQ:GRAB - Free Report) by 28.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,177,391 shares of the company's stock after buying an additional 2,956,486 shares during the period. Principal Financial Group Inc. owned approximately 0.33% of Grab worth $65,755,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of GRAB. Assenagon Asset Management S.A. lifted its position in shares of Grab by 173.3% in the fourth quarter. Assenagon Asset Management S.A. now owns 34,753,836 shares of the company's stock worth $173,422,000 after purchasing an additional 22,038,961 shares in the last quarter. Citigroup Inc. increased its stake in Grab by 112.6% in the 3rd quarter. Citigroup Inc. now owns 32,398,782 shares of the company's stock valued at $195,041,000 after buying an additional 17,160,661 shares during the period. Invesco Ltd. boosted its stake in shares of Grab by 24.9% during the 3rd quarter. Invesco Ltd. now owns 79,797,848 shares of the company's stock valued at $480,383,000 after buying an additional 15,916,063 shares during the period. Two Creeks Capital Management LP purchased a new position in shares of Grab during the 3rd quarter valued at $58,170,000. Finally, Ameriprise Financial Inc. increased its stake in shares of Grab by 1,908.0% in the third quarter. Ameriprise Financial Inc. now owns 5,662,747 shares of the company's stock worth $34,090,000 after acquiring an additional 5,380,737 shares during the last quarter. 55.52% of the stock is currently owned by institutional investors and hedge funds.

Grab Trading Up 0.5%

Shares of GRAB stock opened at $3.79 on Friday. Grab Holdings Limited has a 12 month low of $3.48 and a 12 month high of $6.62. The company has a market cap of $15.53 billion, a PE ratio of 379.38, a price-to-earnings-growth ratio of 1.82 and a beta of 0.93. The company has a quick ratio of 1.73, a current ratio of 1.67 and a debt-to-equity ratio of 0.06. The business's 50 day moving average is $3.84 and its two-hundred day moving average is $4.60.

Grab (NASDAQ:GRAB - Get Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The company reported ($0.01) earnings per share for the quarter, missing analysts' consensus estimates of $0.02 by ($0.03). Grab had a return on equity of 5.79% and a net margin of 10.67%.The firm had revenue of $955.00 million during the quarter, compared to analyst estimates of $921.71 million. Equities analysts predict that Grab Holdings Limited will post 0.08 EPS for the current year.

Insider Activity at Grab

In other news, insider Philipp Wolfgang Josef Kandal sold 20,000 shares of the firm's stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $4.00, for a total value of $80,000.00. Following the sale, the insider directly owned 4,125,430 shares of the company's stock, valued at approximately $16,501,720. This trade represents a 0.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO John Pierantoni sold 14,819 shares of Grab stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $3.61, for a total value of $53,496.59. Following the completion of the transaction, the chief accounting officer owned 569,376 shares in the company, valued at $2,055,447.36. The trade was a 2.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 590,819 shares of company stock valued at $2,193,077. 3.60% of the stock is owned by corporate insiders.

Grab News Roundup

Here are the key news stories impacting Grab this week:

• Positive Sentiment: China Renaissance upgraded GRAB from "hold" to "buy" with a $5.00 target, providing near‑term buy‑side momentum and framing upside versus current levels. Read More.
• Positive Sentiment: Q1 results showed revenue beat driven by On‑Demand and Financial Services growth — supports the narrative that revenue strength can help improve profitability over time even though EPS missed. Read More.
• Positive Sentiment: Analyst/commentary pieces highlighting buybacks and long‑term value‑unlock potential are supporting investor optimism and helping stem near‑term volatility. Read More.
• Neutral Sentiment: JPMorgan trimmed its price target slightly to $5.80 but maintained a constructive rating — a modest moderation rather than a bearish shift, which keeps some institutional support intact. Read More.
• Neutral Sentiment: An insider (Chin Yin Ong) sold 38,000 shares under a pre‑arranged Rule 10b5‑1 plan; the sale reduces ownership marginally and was planned in advance, limiting governance concerns. Read More.
• Negative Sentiment: Zacks Research downgraded GRAB from "hold" to "strong sell," creating headline risk that can pressure retail flows and automated screeners. Read More.
• Negative Sentiment: Mizuho lowered its expectations/price target, trimming some of the upside cited by investors and adding to mixed analyst signals about near‑term valuation. Read More.

Analyst Ratings Changes

GRAB has been the topic of a number of recent research reports. Sanford C. Bernstein restated an "outperform" rating and issued a $5.80 target price on shares of Grab in a research note on Monday, January 26th. JPMorgan Chase & Co. reduced their price target on Grab from $5.90 to $5.80 and set an "overweight" rating for the company in a report on Tuesday. Morgan Stanley set a $5.90 price objective on Grab in a report on Wednesday. Benchmark reissued a "buy" rating on shares of Grab in a research report on Thursday, February 12th. Finally, HSBC upgraded shares of Grab from a "hold" rating to a "buy" rating and set a $6.20 price target on the stock in a report on Friday, January 16th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $6.19.

Grab Company Profile

Grab Holdings Inc is a Singapore-based technology company that operates a consumer-facing "super app" across Southeast Asia offering services spanning ride-hailing, food and package delivery, and digital payments. Its platform connects consumers, drivers, merchants and delivery partners through mobile applications and supports on-demand mobility (taxi and private car), last-mile logistics, and on-demand food delivery under brands such as GrabFood and GrabExpress. The company has also developed a merchant-facing ecosystem that supports ordering, payment acceptance and loyalty functions.

Beyond transportation and delivery, Grab has expanded into financial services through Grab Financial Group, which provides digital payments via GrabPay, consumer lending, insurance distribution and small-business financial solutions.

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