Alfredo Rivera Buys Shares of Principal Financial Group, Inc.

Alfredo Rivera purchased 25 shares of Principal Financial Group, Inc. (NasdaqGS: PFG) on June 26, 2026. The shares were bought at an average price of $107.75, totaling $2,693.75.

Insider Buying and Selling at Principal Financial Group, Inc.

On June 26, 2026, several insiders at Principal Financial Group, Inc. made stock purchases. Alfredo Rivera bought an additional 25 shares at $107.75 each, while other insiders like Joel Pitz, EVP & CFO, acquired 236 shares. Kathleen Kay, EVP-Chief Information Officer, also bought 398 shares. These transactions were not made under a prearranged trading plan.

Other Institutional Activity in Principal Financial Group

Among institutional investors, BlackRock, Inc. reduced its holdings by 91,763 shares, ending with 20,322,358 shares valued at around $1.83 billion. Nippon Life Insurance Co maintained its position with 18,137,000 shares worth approximately $1.63 billion. Vanguard Capital Management LLC and Vanguard Portfolio Management LLC both opened new positions, with 13,474,208 and 11,264,834 shares respectively. State Street Corp trimmed its stake by 329,518 shares, leaving it with 10,179,842 shares valued at $917.3 million. Conversely, Bank of America Corp added 420,319 shares, raising its total to 8,819,452 shares worth about $794.7 million.

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 has a 52-week range between $75.00 and $112.45. It also has 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 and a quick ratio of 0.32, with a debt-to-equity ratio of 33.62.

Recent Earnings

Principal Financial Group reported revenue of $15.46 billion, though it experienced a slight decline of 4.5%. The company posted an earnings per share (EPS) of $6.97, with a net margin of 10.1% and a return on equity (ROE) of 13.39%. The next earnings announcement is expected on July 27, 2026.

Dividend

Principal Financial Group offers a 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. In contrast, B of A Securities downgraded the stock to 'sell' with a target of $95. The consensus recommendation for PFG is 'hold', with an average target price of $102.25 from 12 analysts.

About Principal Financial Group

Principal Financial Group, Inc. is a financial services company headquartered in Des Moines, Iowa. The company provides a wide range of retirement, asset management, and insurance services to clients worldwide. It operates through segments such as Retirement and Income Solutions, Principal Asset Management, and Benefits and Protection. Deanna Dawnette Strable-Soethout serves as the CEO, and the company employs approximately 19,700 people.

Bottom Line

Alfredo Rivera's purchase of Principal Financial Group shares is part of a broader pattern of insider buying. Investors often track such activities for potential insights into company prospects. As always, it's important to remember that 13F filings and insider transactions are backward-looking and may not represent current positions.