Elizabeth Mitchell Buys Principal Financial Group Shares

Elizabeth Mitchell, an insider at Principal Financial Group, Inc. (NasdaqGS: PFG), purchased 80 shares of the company on June 26, 2026. This transaction was not part of a pre-planned trading arrangement.

Insider Buying and Selling at Principal Financial Group, Inc.

On June 26, 2026, several insiders at Principal Financial Group were active buyers. Joel Pitz, the company's EVP & CFO, bought 236 shares, while Alfredo Rivera added a total of 142 shares across two transactions. Kathleen Kay, the EVP-Chief Information Officer, acquired 398 shares. Scott Mills and Blair Pickerell also participated, purchasing 253 and 281 shares, respectively. None of these purchases were made under Rule 10b5-1 plans.

Principal Financial Group, Inc. Stock Down 3.3%

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

Analysts Set New Price Targets

On June 24, 2026, Piper Sandler maintained its buy rating for Principal Financial Group, setting a price target of $125. B of A Securities downgraded the stock to sell with a $95 target on the same day. Earlier, on May 21, 2026, Morgan Stanley maintained its hold rating, assigning a $107 target. The consensus among analysts is to hold, with a mean target price of $102.25 based on 12 opinions.

About Principal Financial Group

Principal Financial Group, Inc., headquartered in Des Moines, Iowa, provides a range of financial services including retirement solutions, asset management, and insurance products. The company operates through segments like Retirement and Income Solutions, Principal Asset Management, and Benefits and Protection. With a workforce of about 19,700 employees, Principal Financial Group serves businesses, individuals, and institutional clients worldwide, offering products such as 401(k) plans, mutual funds, and life insurance.

Bottom Line

Elizabeth Mitchell's recent purchase of Principal Financial Group shares highlights insider confidence in the company. The firm is a significant player in the financial services sector, with a broad range of offerings. Investors often track insider transactions as part of their research, but it's important to remember these filings are backward-looking and may not reflect current positions.