Mary Beams Buys Shares of Principal Financial Group, Inc.

Mary Beams purchased 109 shares of Principal Financial Group, Inc. (NasdaqGS: PFG) on June 26, 2026. This insider transaction occurred as the stock traded near $108.51 on Tuesday.

Insider Buying and Selling at Principal Financial Group, Inc.

On June 26, 2026, Mary Beams bought 109 shares of Principal Financial Group, Inc. Several other insiders also made purchases on the same day. Joel Pitz, EVP & CFO, acquired 236 shares, while Kathleen Kay, EVP-Chief Information Officer, bought 398 shares. Alfredo Rivera made two purchases totaling 142 shares, including 25 shares at an average price of $107.75. Other insiders like Scott Mills and Blair Pickerell acquired 253 and 281 shares, respectively.

Principal Financial Group, Inc. Stock Down 3.3%

Shares of NasdaqGS:PFG traded near $108.51 on Tuesday. Principal Financial Group, Inc. has a market cap of $23.28 billion and a P/E ratio of 15.46. The stock's 52-week range is between $75.00 and $112.45, with a 50-day moving average of $103.11 and a 200-day moving average of $91.42. The company has a beta of 0.896, indicating relatively low volatility compared to the market.

Other Institutional Activity in Principal Financial Group, Inc.

BlackRock, Inc. reduced its position by 91,763 shares, holding a total of 20,322,358 shares worth about $1.83 billion. Nippon Life Insurance Co maintained its stake with 18,137,000 shares valued at $1.63 billion. Vanguard Capital Management LLC opened a new position with 13,474,208 shares worth approximately $1.21 billion. Similarly, Vanguard Portfolio Management LLC initiated a stake with 11,264,834 shares valued at about $1.02 billion. State Street Corp trimmed its holdings by 329,518 shares, ending with 10,179,842 shares worth $917.3 million.

Analysts Set New Price Targets

On June 24, 2026, Piper Sandler maintained a buy rating on Principal Financial Group, Inc. with a price target of $125.00. B of A Securities downgraded the stock to a sell with a target of $95.00 on the same day. Morgan Stanley maintained a hold rating with a $107.00 target on May 21, 2026. The consensus rating is hold, with an average target price of $102.25 from 12 analyst opinions.

About Principal Financial Group, Inc.

Principal Financial Group, Inc., headquartered in Des Moines, Iowa, provides a range of financial services including retirement, asset management, and insurance products. The company operates through segments like Retirement and Income Solutions, Principal Asset Management, and Benefits and Protection. It serves businesses, individuals, and institutional clients worldwide with a workforce of around 19,700 employees. The company was established in 1879 and is led by CEO Ms. Deanna Dawnette Strable-Soethout.

Bottom Line

Mary Beams' recent purchase of Principal Financial Group, Inc. shares highlights ongoing insider interest in the company. Investors often track insider transactions as they can provide insights into management's confidence. However, it's important to note these filings are backward-looking and may not reflect the current position. Principal Financial Group, Inc. remains a key player in the financial services sector, attracting attention from both insiders and analysts.