Kathleen Kay Buys Shares of Principal Financial Group

Kathleen Kay, the Executive Vice President and Chief Information Officer at Principal Financial Group, Inc. (NasdaqGS: PFG), acquired 398 shares of the company on June 26, 2026. The transaction was not part of a pre-planned trading scheme.

Insider Buying and Selling at Principal Financial Group, Inc.

On June 26, 2026, Kathleen Kay, EVP-Chief Information Officer, purchased 398 shares of Principal Financial Group. This transaction was not under a Rule 10b5-1 plan. Other insiders also made purchases on the same day. Joel Pitz, EVP & CFO, bought 236 shares, while Alfredo Rivera acquired 142 shares in two separate transactions, one at an average price of $107.75.

Principal Financial Group, Inc. Stock Down 3.3%

Shares of Principal Financial Group traded near $108.51 on Tuesday. The company boasts a market cap of approximately $23.28 billion and holds a P/E ratio of 15.5, with a forward P/E of 10.56. Its beta is 0.896. Over the past year, the stock has ranged from a low of $75.00 to a high of $112.45. The 50-day moving average is $103.11, while the 200-day moving average stands at $91.42. Principal Financial’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, though it experienced a slight revenue decline of 4.5%. The company's net margin is 10.1%, and it has a return on equity of 13.4%. The next earnings report is scheduled for July 27, 2026.

Dividend

The company offers an annual dividend rate of $3.28, yielding 3.04% with a payout ratio of 44.91%.

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' with a $95 target. Earlier, Morgan Stanley maintained a 'hold' rating with a $107 target on May 21, 2026. Overall, analysts have a 'hold' consensus with an average target price of $102.25 based on 12 opinions.

About Principal Financial Group

Principal Financial Group, Inc. is a financial services company based in Des Moines, Iowa. It provides retirement, asset management, and insurance products to clients worldwide. The company operates through various segments, including Retirement and Income Solutions, Principal Asset Management, and Benefits and Protection. Founded in 1879, it currently employs around 19,700 people under the leadership of CEO Deanna Dawnette Strable-Soethout.

Bottom Line

Kathleen Kay's recent purchase of Principal Financial Group shares is a notable transaction among the company's insiders. Investors often track such insider activities for potential insights. Principal Financial Group continues to be a significant player in the financial services sector, with upcoming earnings on July 27, 2026. As always, insider transactions are disclosed after the fact and do not necessarily indicate future performance.