Jonathan Auerbach Buys Shares of Principal Financial Group, Inc.

Jonathan Auerbach recently purchased 166 shares of Principal Financial Group, Inc. (NasdaqGS:PFG) on June 26, 2026. The transaction was not part of a pre-arranged trading plan. Shares of the company traded near $108.51 on Tuesday.

Other Institutional Activity in Principal Financial Group

Institutional investors have been active in Principal Financial Group. BlackRock, Inc. slightly reduced its holdings by 91,763 shares, ending with about 20.32 million shares valued at $1.83 billion. Nippon Life Insurance Co maintained its position with 18.14 million shares worth $1.63 billion. Vanguard Capital Management LLC opened a new position with 13.47 million shares, valued at $1.21 billion. Similarly, Vanguard Portfolio Management LLC initiated a stake with 11.26 million shares, valued at approximately $1.02 billion. Meanwhile, State Street Corp decreased its holdings by 329,518 shares, bringing its total to about 10.18 million shares worth $917.31 million.

Principal Financial Group, Inc. Stock Down 3.3%

Shares of Principal Financial Group, Inc. traded near $108.51 on Tuesday. The company, with a market cap of $23.28 billion, has a P/E ratio of 15.46 and a forward P/E of 10.56. The stock's beta is 0.896, indicating lower volatility compared to the market. It has a 52-week low of $75.00 and a high of $112.45, with a 50-day moving average of $103.11 and a 200-day moving average of $91.42. The firm's current ratio is 1.53, with a quick ratio of 0.32 and a debt-to-equity ratio of 33.62.

Recent Earnings

Principal Financial Group reported revenue of $15.46 billion, although it experienced a slight decline in revenue growth of 4.5%. The company's net margin stands at 10.1%, with a return on equity of 13.39%. The next earnings announcement is expected on July 27, 2026.

Dividend

Principal Financial Group offers an annual dividend rate of $3.28, yielding 3.04%. The dividend payout ratio is 44.91%.

Insider Buying and Selling at Principal Financial Group, Inc.

On June 26, 2026, several insiders made purchases of Principal Financial Group shares. Joel Pitz, EVP & CFO, bought 236 shares, while Kathleen Kay, EVP-Chief Information Officer, acquired 398 shares. Alfredo Rivera purchased a total of 142 shares, including 25 shares at an average price of $107.75. Other insiders such as Scott Mills and Blair Pickerell also increased their holdings with 253 and 281 shares, respectively.

Analysts Set New Price Targets

On June 24, 2026, Piper Sandler maintained a buy rating on Principal Financial Group with a price target of $125. On the same day, B of A Securities downgraded the stock to sell, setting a target of $95. In May, Morgan Stanley maintained a hold rating with a $107 target, while Raymond James downgraded to buy with a $111 target. The consensus among 12 analysts is to hold, with an average target price of $102.25.

About Principal Financial Group, Inc.

Principal Financial Group, Inc. is a financial services company based in Des Moines, Iowa. It provides retirement, asset management, and insurance products and services to a wide range of clients, including businesses and individuals. The company operates through key segments like Retirement and Income Solutions, Principal Asset Management, and Benefits and Protection. It was founded in 1879 and employs around 19,700 people under the leadership of CEO Ms. Deanna Dawnette Strable-Soethout.

Bottom Line

Jonathan Auerbach's purchase of Principal Financial Group shares is a recent insider move of interest. Investors often track such insider transactions as potential indicators of confidence in the company's future. It's important to note that these transactions are disclosed after the fact and may not reflect current holdings.