Weekly Investment Analysts’ Ratings Changes for Principal Financial Group (PFG)

Several analysts have recently updated their ratings and price targets for Principal Financial Group (NASDAQ: PFG):

• 8/3/2026 – Principal Financial Group had its price target raised by JPMorgan Chase & Co. from $106.00 to $107.00. They now have a “neutral” rating on the stock.
• 7/29/2026 – Principal Financial Group had its “buy (b-)” rating reaffirmed by Weiss Ratings.
• 7/28/2026 – Principal Financial Group had its price target raised by Bank of America Corporation from $94.00 to $104.00. They now have an “underperform” rating on the stock.
• 7/22/2026 – Principal Financial Group had its price target lowered by Wells Fargo & Company from $114.00 to $113.00. They now have an “equal weight” rating on the stock.
• 7/21/2026 – Principal Financial Group had its price target raised by JPMorgan Chase & Co. from $101.00 to $106.00. They now have a “neutral” rating on the stock.
• 7/15/2026 – Principal Financial Group was given a new $94.00 price target by Atlantic Securities.
• 7/13/2026 – Principal Financial Group had its price target raised by Keefe, Bruyette & Woods from $102.00 to $112.00. They now have a “market perform” rating on the stock.
• 7/10/2026 – Principal Financial Group had its price target raised by Jefferies Financial Group Inc. from $91.00 to $98.00. They now have a “hold” rating on the stock.
• 7/9/2026 – Principal Financial Group had its price target raised by Wells Fargo & Company from $100.00 to $114.00. They now have an “equal weight” rating on the stock.
• 7/7/2026 – Principal Financial Group had its price target raised by Barclays PLC from $87.00 to $92.00. They now have an “underweight” rating on the stock.
• 7/6/2026 – Principal Financial Group had its price target raised by Morgan Stanley from $107.00 to $112.00. They now have an “equal weight” rating on the stock.
• 6/24/2026 – Principal Financial Group had its price target raised by Piper Sandler from $113.00 to $125.00. They now have an “overweight” rating on the stock.
• 6/24/2026 – Principal Financial Group was downgraded by Citigroup Inc. from “sell” to “underperform”.
• 6/24/2026 – Principal Financial Group had its “underperform” rating reaffirmed by Bank of America Corporation. They now have a $95.00 price target on the stock, down from $98.00.

Principal Financial Group Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Thursday, September 3rd will be given a dividend of $0.84 per share. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $3.36 annualized dividend and a dividend yield of 2.9%. This is an increase from Principal Financial Group’s previous quarterly dividend of $0.82. Principal Financial Group’s dividend payout ratio is presently 47.73%.

Insider Buying and Selling at Principal Financial Group

In related news, insider Wee Yee Cheong sold 7,534 shares of the stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $103.16, for a total transaction of $777,207.44. Following the sale, the insider owned 66,443 shares in the company, valued at approximately $6,854,259.88. This represents a 10.18% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.13% of the company’s stock.

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.