Principal Fincl upgraded by Evercore ISI with a new price target
$PFG
Accident &Health Insurance
Finance
Evercore ISI upgraded Principal Fincl from Underperform to In-line and set a new price target of $83.00 from $82.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/23/2025 | $93.00 | Market Perform | BMO Capital Markets |
| 1/7/2025 | $95.00 → $92.00 | Neutral → Overweight | Analyst |
| 12/18/2024 | $90.00 | Neutral → Overweight | Piper Sandler |
| 12/11/2024 | $84.00 → $75.00 | Equal Weight → Underweight | Wells Fargo |
| 12/5/2024 | $86.00 → $80.00 | Equal-Weight → Underweight | Morgan Stanley |
| 9/5/2024 | $74.00 | Underweight | Barclays |
| 7/9/2024 | $99.00 | Mkt Perform → Strong Buy | Raymond James |
| 7/2/2024 | $88.00 → $96.00 | Underweight → Neutral | JP Morgan |
Recognizing Principal as a leader in integrity, compliance, and ethical leadership Principal Financial Group® has been recognized as one of the 2025 World's Most Ethical Companies® by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. This marks the 14th time Principal has received this prestigious honor, recognizing its dedication to ethical leadership and corporate responsibility. "Ethical business practices are fundamental to garnering trust with customers and contribute to our long-term success," said Deanna Stable, president and CEO of Principal. "We are honored to be named as one of the World's Most Ethical Companies®. By consistently
Principal Asset Management℠, the investment management unit of Principal Financial Group®, reached the final investor close on February 28 for its Principal Data Center Growth & Income Fund (the Fund), which is dedicated to the development of a portfolio of hyperscale data center projects across the United States. The Fund raised $3.64 billion, well in excess of the target from a diverse global investor base. This is the third discretionary data center-focused vehicle by Principal. The Fund is expected to capitalize more than $8 billion of hyperscale development assets across the U.S. in partnership with Stream Data Centers, a leading provider of digital infrastructure solutions. "Closi
Principal Asset Management℠ has hired industry leader, Brant Wong, as head of retirement solutions to lead the expansion and strategic growth of the company's retirement investment franchise to meet the evolving needs of plan sponsors and participants. "Principal is focused on building investment solutions designed to support Americans as they continue to reshape the ways they think about and plan for retirement," said Kamal Bhatia, president and CEO, Principal Asset Management. "In this new position, Brant will play a key role in our retirement investment product strategy across the asset management and U.S. retirement businesses at Principal, further ensuring we are continually connecti
Raises first quarter 2025 common stock dividend, announces $1.5 billion share repurchase authorization Principal Financial Group® (NASDAQ:PFG) announced results for full year and fourth quarter 2024. Diluted earnings per common share 2024 4Q24 Net income attributable to PFG (in millions) 2024 4Q24 Net income attributable to PFG $6.68 $3.92 Net income attributable to PFG $1,571 $905 Non-GAAP net income attributable to PFG, excluding exited business1 $6.40 $1.53 Non-GAAP net income attributable to PFG, excluding exited business1 $1,505 $354 Non-GAAP o
Results will be released February 6; Conference call scheduled for February 7 Principal Financial Group® (NASDAQ:PFG) announced today that it will release fourth quarter and full year 2024 financial results and the company's outlook for 2025 after U.S. markets close on Thursday, February 6, 2025. On Friday, February 7, 2025, at 9 a.m. ET, Deanna Strable, president and chief executive officer, and Joel Pitz, interim chief financial officer, will discuss the results and the 2025 outlook during a live conference call. Additional members of senior management will be available for a question-and-answer session. The company's earnings release, financial supplement, and slides will be availabl
Raises fourth quarter 2024 common stock dividend Principal Financial Group® (NASDAQ:PFG) announced results for third quarter 2024. Third Quarter 2024 Highlights Net loss attributable to Principal Financial Group (PFG) of $220 million, or $0.95 per diluted share, driven by the loss from exited business Non-GAAP net income attributable to PFG, excluding exited business, of $419 million, or $1.78 per diluted share Non-GAAP operating earnings1 of $412 million, or $1.76 per diluted share; excluding impacts of the 3Q24 significant variances2, non-GAAP operating earnings of $480 million, or $2.05 per diluted share Returned $416 million of capital to shareholders, including $251 millio
8-K - PRINCIPAL FINANCIAL GROUP INC (0001126328) (Filer)
8-K - PRINCIPAL FINANCIAL GROUP INC (0001126328) (Filer)
10-K - PRINCIPAL FINANCIAL GROUP INC (0001126328) (Filer)
A community event focused on achieving Victory Over Cancer® Principal Financial Group® invites community members to its global headquarters in Des Moines on World Cancer Day, Thursday, February 4, for an educational event with the V Foundation for Cancer Research. The event will feature a keynote from Shane Jacobson, V Foundation Chief Executive Officer and Susanna Greer, Ph.D., V Foundation Chief Scientific Officer, as they provide education on the importance of cancer research, its impact on everyday health and wellness, and the inspirational stories of hope cancer continues to provide. The CDC's National Center for Health Statistics cites cancer is the second-leading cause of death i
Principal Financial Group® (NASDAQ:PFG) today announced Lisa Coulson as the company's next chief human resources officer and senior vice president, effective Nov. 30, 2024. Coulson steps into the role after 17 years with Principal and significant experience helping companies align talent strategy with business objectives and customer needs. "Lisa brings extensive experience across crucial talent functions including leader development, change management, and workforce planning," said Deanna Strable, president, chief operating officer, and chief executive officer elect of Principal. "Her expertise is critical as we continue to adapt our talent strategy to align to the evolving needs of our
A collaboration to equip young women with financial literacy skills Principal Financial Group® and Girl Scouts of Greater Iowa (GSGI) announced a collaboration today unveiling two initiatives designed to empower young women and enhance community involvement: Girl Scout Takeover Day and the DataSetGold program. Girl Scout Takeover Day at Principal Principal will host a Takeover Day set to inspire and engage girls in grades 6-12 with a variety of enriching activities on Friday, September 27, 2024, from 10 a.m. to 2 p.m. at Principal world headquarters in Des Moines, Iowa. This collaboration with GSGI is open to Girl Scout Cadettes, Seniors and Ambassadors as well as young women in grade
SC 13G/A - PRINCIPAL FINANCIAL GROUP INC (0001126328) (Subject)
SC 13G - PRINCIPAL FINANCIAL GROUP INC (0001126328) (Filed by)
SC 13G/A - PRINCIPAL FINANCIAL GROUP INC (0001126328) (Filed by)
4 - PRINCIPAL FINANCIAL GROUP INC (0001126328) (Issuer)
4 - PRINCIPAL FINANCIAL GROUP INC (0001126328) (Issuer)
4 - PRINCIPAL FINANCIAL GROUP INC (0001126328) (Issuer)
BMO Capital Markets initiated coverage of Principal Fincl with a rating of Market Perform and set a new price target of $93.00
Analyst upgraded Principal Fincl from Neutral to Overweight and set a new price target of $92.00 from $95.00 previously
Piper Sandler upgraded Principal Fincl from Neutral to Overweight and set a new price target of $90.00