Kenneth Mccullum Buys Shares of Principal Financial Group
Kenneth Mccullum, EVP at Principal Financial Group, purchased 73 shares on June 26, 2026.
Key Points
- Kenneth Mccullum, Principal Financial Group's Chief Risk Officer, bought 73 shares of PFG on June 26, 2026.
- Shares of PFG traded near $108.51 on Tuesday with a market cap of $23.28 billion and a P/E ratio of 15.46.
- Analysts have varied views, with Piper Sandler maintaining a buy rating and a $125 target, while B of A downgraded to sell.
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Kenneth Mccullum, the Executive Vice President and Chief Risk Officer at Principal Financial Group, Inc. (NasdaqGS: PFG), purchased 73 shares of the company on June 26, 2026. This insider transaction was not part of a pre-planned trading program.
Insider Buying and Selling at Principal Financial Group, Inc.
Kenneth Mccullum's purchase of 73 shares is one of several insider transactions at Principal Financial Group on June 26, 2026. Other executives, including Joel Pitz, the Executive Vice President and CFO, and Kathleen Kay, the EVP-Chief Information Officer, also bought shares. Joel Pitz acquired 236 shares, and Kathleen Kay purchased 398 shares, among others.
Principal Financial Group, Inc. Stock Down 3.3%
Shares of Principal Financial Group traded near $108.51 on Tuesday. The company has a market capitalization of approximately $23.28 billion and a P/E ratio of 15.46. Its stock has ranged between $75.00 and $112.45 over the past 52 weeks. The 50-day moving average is $103.11, while the 200-day moving average stands at $91.42. Principal Financial Group has a current ratio of 1.53 and a debt-to-equity ratio of 33.62.
$PFG stock price
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Analysts Set New Price Targets
Analyst opinions on Principal Financial Group vary. On June 24, 2026, Piper Sandler maintained its buy rating with a price target of $125. Meanwhile, B of A Securities downgraded the stock to sell, setting a target of $95. Morgan Stanley maintained a hold rating with a target of $107 on May 21, 2026.
About Principal Financial Group
Principal Financial Group, Inc., headquartered in Des Moines, Iowa, is a global financial services company. It provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients. The company operates through three main segments: Retirement and Income Solutions, Principal Asset Management, and Benefits and Protection. Under the leadership of CEO Deanna Dawnette Strable-Soethout, Principal Financial Group employs around 19,700 people.
Bottom Line
Kenneth Mccullum's recent purchase of Principal Financial Group shares adds to the insider activity within the company. Investors often track such transactions for potential insights into management's outlook. As a reminder, insider trades are reported after the fact and do not necessarily indicate future stock performance.
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