Rep. Lisa C. McClain Buys Principal Financial Group, Inc. (NYSE:PFG) Shares

Key Points

• Representative Lisa C. McClain (R-Michigan) purchased Principal Financial Group, Inc. (NYSE:PFG) shares valued between $1,001 and $15,000 on June 17th, as disclosed in a filing on August 13th.
• Principal Financial Group recently announced an increase in its quarterly dividend to $0.78 per share, a rise from the previous $0.76, with a dividend yield of 4.0%.
• The stock price of Principal Financial Group has a 52-week range between $68.39 and $91.97, and the company reported $2.16 earnings per share for the last quarter, exceeding analyst expectations.

Representative Lisa C. McClain (R-Michigan) recently bought shares of Principal Financial Group, Inc. NYSE: PFG. In a filing disclosed on August 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in Principal Financial Group stock on June 17th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
• Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

Principal Financial Group Stock Up 0.2%

Shares of NYSE:PFG opened at $78.72 on Thursday. Principal Financial Group, Inc. has a 52-week low of $68.39 and a 52-week high of $91.97. The firm has a market capitalization of $17.54 billion, a P/E ratio of 11.78, a P/E/G ratio of 0.76 and a beta of 1.00. The stock has a 50 day moving average price of $78.57 and a 200-day moving average price of $79.48. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.30 and a current ratio of 0.29.

Principal Financial Group (NYSE:PFG - Get Free Report) last announced its earnings results on Monday, July 28th. The company reported $2.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.97 by $0.19. Principal Financial Group had a return on equity of 14.68% and a net margin of 9.74%.During the same period last year, the company posted $1.63 earnings per share. As a group, equities research analysts anticipate that Principal Financial Group, Inc. will post 8.5 EPS for the current fiscal year.

Principal Financial Group Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 26th. Stockholders of record on Thursday, September 4th will be given a $0.78 dividend. The ex-dividend date of this dividend is Thursday, September 4th. This represents a $3.12 annualized dividend and a dividend yield of 4.0%. This is an increase from Principal Financial Group's previous quarterly dividend of $0.76. Principal Financial Group's dividend payout ratio is currently 62.78%.

Institutional Trading of Principal Financial Group

Institutional investors and hedge funds have recently modified their holdings of the business. Tompkins Financial Corp bought a new stake in shares of Principal Financial Group in the 1st quarter worth $55,000. Blackhawk Capital Partners LLC. bought a new stake in shares of Principal Financial Group in the 1st quarter worth $281,000. SG Americas Securities LLC bought a new stake in shares of Principal Financial Group in the first quarter worth $943,000. Sumitomo Mitsui Trust Group Inc. grew its holdings in shares of Principal Financial Group by 2.6% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 526,649 shares of the company's stock worth $44,433,000 after acquiring an additional 13,483 shares during the period. Finally, Victory Capital Management Inc. grew its holdings in shares of Principal Financial Group by 802.2% in the first quarter. Victory Capital Management Inc. now owns 3,707,534 shares of the company's stock worth $312,805,000 after acquiring an additional 3,296,608 shares during the period. Institutional investors own 75.08% of the company's stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on PFG shares. Morgan Stanley increased their target price on Principal Financial Group from $75.00 to $77.00 and gave the stock an "underweight" rating in a research report on Monday. Wells Fargo & Company reduced their price objective on Principal Financial Group from $73.00 to $72.00 and set an "underweight" rating for the company in a research report on Wednesday, July 30th. UBS Group raised their price objective on Principal Financial Group from $85.00 to $87.00 and gave the company a "neutral" rating in a research report on Tuesday, July 29th. Barclays raised their price objective on Principal Financial Group from $76.00 to $80.00 and gave the company an "underweight" rating in a research report on Monday, July 7th. Finally, Piper Sandler raised their price objective on Principal Financial Group from $88.00 to $89.00 and gave the company an "overweight" rating in a research report on Thursday, July 3rd. Two analysts have rated the stock with a Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Reduce" and a consensus price target of $86.90.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

About Principal Financial Group

Principal Financial Group, Inc provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide. The company operates through Retirement and Income Solutions, Principal Asset Management, and Benefits and Protection segments. The Retirement and Income Solutions segment provides retirement, and related financial products and services.

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