Blair Pickerell Buys Shares in Principal Financial Group, Inc.

Blair Pickerell recently bought 281 shares of Principal Financial Group, Inc. (NasdaqGS: PFG) on June 26, 2026. This insider transaction was not part of a pre-planned trading program. The stock traded near $108.51 on that Tuesday.

Insider Buying and Selling at Principal Financial Group, Inc.

Several insiders at Principal Financial Group, Inc. made stock purchases on June 26, 2026. Blair Pickerell added 281 shares, while Joel Pitz, EVP & CFO, acquired 236 shares. Kathleen Kay, EVP-Chief Information Officer, bought 398 shares. Alfredo Rivera made two purchases totaling 142 shares, with one transaction involving 25 shares at an average price of $107.75. Scott Mills also purchased 253 shares. None of these transactions were under a Rule 10b5-1 plan.

Principal Financial Group, Inc. Stock Down 3.3%

Shares of NasdaqGS:PFG traded near $108.51 on Tuesday. Principal Financial Group has a market cap of approximately $23.28 billion and a P/E ratio of 15.46, with a forward P/E of 10.56. The stock has a beta of 0.896, indicating lower volatility compared to the broader market. It has a 52-week range 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's current ratio stands at 1.53, while its quick ratio is 0.32, and it has a debt-to-equity ratio of 33.62.

Recent Earnings

Principal Financial Group reported revenue of $15.46 billion, though revenue growth was slightly negative at -4.5%. The company's net margin is 10.1%, and it achieved a return on equity of 13.39%. The next earnings report is expected on July 27, 2026.

Dividend

Principal Financial Group offers an annual dividend rate of $3.28, yielding 3.04% based on the current stock price. The dividend payout ratio is 44.91%.

Analysts Set New Price Targets

On June 24, 2026, Piper Sandler maintained its 'buy' rating on Principal Financial Group with a price target of $125.00. In contrast, B of A Securities downgraded the stock to 'sell' with a target of $95.00 on the same day. Morgan Stanley kept its 'hold' rating on May 21, 2026, with a target price of $107.00. Overall, analysts have a 'hold' consensus, with an average target price of $102.25 among 12 opinions.

About Principal Financial Group

Principal Financial Group, Inc. is based in Des Moines, Iowa, and operates in the financial services sector, specifically within asset management. The company offers retirement, asset management, and insurance products and services to a broad range of clients. It operates through segments such as Retirement and Income Solutions, Principal Asset Management, and Benefits and Protection. Founded in 1879, the company is led by CEO Ms. Deanna Dawnette Strable-Soethout and employs approximately 19,700 people.

Bottom Line

Blair Pickerell's recent purchase of shares in Principal Financial Group highlights ongoing insider interest in the company. With a solid market position and mixed analyst opinions, Principal Financial Group remains a significant player in the financial services industry. As always, it's important to remember that insider transactions are reported after the fact and may not indicate future performance.