Zacks Research Has Positive Estimate for PFG Q3 Earnings

Principal Financial Group, Inc. (NYSE:PFG) – Research analysts at Zacks Research increased their Q3 2026 earnings per share (EPS) estimates for Principal Financial Group in a report released on Wednesday, December 3rd. Zacks Research analyst Team now forecasts that the company will post earnings per share of $2.45 for the quarter, up from their prior estimate of $2.40. The consensus estimate for Principal Financial Group’s current full-year earnings is $8.50 per share. Zacks Research also issued estimates for Principal Financial Group’s FY2026 earnings at $9.31 EPS, Q1 2027 earnings at $2.48 EPS and FY2027 earnings at $10.27 EPS.

Principal Financial Group (NYSE:PFG) last posted its quarterly earnings data on Monday, October 27th. The company reported $2.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.20 by $0.12. Principal Financial Group had a return on equity of 14.68% and a net margin of 9.74%.During the same quarter last year, the business earned $2.05 earnings per share.

Several other research firms have also recently weighed in on PFG. Wells Fargo & Company upped their price objective on shares of Principal Financial Group from $73.00 to $74.00 and gave the stock an “underweight” rating in a research report on Wednesday, October 29th. Barclays boosted their price target on shares of Principal Financial Group from $80.00 to $83.00 and gave the stock an “underweight” rating in a research note on Wednesday, October 8th. Keefe, Bruyette & Woods raised their price objective on shares of Principal Financial Group from $90.00 to $91.00 and gave the company a “market perform” rating in a research report on Thursday, October 30th. Evercore ISI upped their target price on shares of Principal Financial Group from $92.00 to $94.00 and gave the stock an “in-line” rating in a research report on Thursday, October 9th. Finally, Piper Sandler set a $94.00 target price on Principal Financial Group and gave the company an “overweight” rating in a research note on Tuesday, October 7th. Two investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Principal Financial Group currently has a consensus rating of “Hold” and a consensus price target of $88.90.

Principal Financial Group Stock Performance

NYSE:PFG opened at $88.21 on Monday. The stock has a market cap of $19.65 billion, a P/E ratio of 13.21, a PEG ratio of 0.76 and a beta of 0.89. The company has a quick ratio of 0.30, a current ratio of 0.29 and a debt-to-equity ratio of 0.36. The business’s 50-day moving average price is $82.86 and its two-hundred day moving average price is $80.47. Principal Financial Group has a twelve month low of $68.39 and a twelve month high of $90.31.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of PFG. Oliver Lagore Vanvalin Investment Group purchased a new stake in shares of Principal Financial Group during the second quarter valued at approximately $25,000. Traub Capital Management LLC bought a new position in Principal Financial Group in the 2nd quarter valued at approximately $26,000. Capital A Wealth Management LLC boosted its stake in Principal Financial Group by 5,533.3% during the 2nd quarter. Capital A Wealth Management LLC now owns 338 shares of the company’s stock valued at $27,000 after purchasing an additional 332 shares during the last quarter. American National Bank & Trust bought a new stake in shares of Principal Financial Group in the 2nd quarter worth $28,000. Finally, Curio Wealth LLC raised its stake in shares of Principal Financial Group by 37,800.0% in the second quarter. Curio Wealth LLC now owns 379 shares of the company’s stock worth $30,000 after purchasing an additional 378 shares during the last quarter. 75.08% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, EVP Wee Yee Cheong sold 1,887 shares of the stock in a transaction dated Wednesday, November 12th. The shares were sold at an average price of $85.04, for a total transaction of $160,470.48. Following the sale, the executive vice president directly owned 81,421 shares of the company’s stock, valued at approximately $6,924,041.84. This represents a 2.27% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.08% of the stock is currently owned by corporate insiders.

Principal Financial Group Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 19th. Shareholders of record on Wednesday, December 3rd will be paid a dividend of $0.79 per share. The ex-dividend date is Wednesday, December 3rd. This is a positive change from Principal Financial Group’s previous quarterly dividend of $0.78. This represents a $3.16 dividend on an annualized basis and a yield of 3.6%. Principal Financial Group’s dividend payout ratio (DPR) is presently 46.00%.

Principal Financial Group Company Profile

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.