Principal Financial CEO Deanna Strable-Soethout Buys Shares

Deanna Strable-Soethout, the Chair, President, and CEO of Principal Financial Group, Inc. (NasdaqGS: PFG), purchased 656 shares of the company on June 26, 2026. This move is part of her ongoing investment in the company she leads.

Insider Buying and Selling at Principal Financial Group, Inc.

Deanna Strable-Soethout's purchase is among several insider transactions at Principal Financial Group on June 26, 2026. Other insiders include Joel Pitz, EVP & CFO, who bought 236 shares, and Kathleen Kay, EVP-Chief Information Officer, who acquired 398 shares. These transactions were not planned under Rule 10b5-1 plans.

Other Institutional Activity in Principal Financial Group

Several institutional investors have adjusted their holdings in Principal Financial Group. BlackRock, Inc. slightly reduced its position by 91,763 shares, now holding 20,322,358 shares valued at approximately $1.83 billion. Nippon Life Insurance Co maintained its stake with 18,137,000 shares worth about $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. Meanwhile, State Street Corp decreased its holdings by 329,518 shares, now totaling 10,179,842 shares valued at $917.3 million.

Principal Financial Group, Inc. Stock Down 3.3%

Shares of Principal Financial Group traded near $108.51 on Tuesday. The company boasts a market capitalization of $23.28 billion and a P/E ratio of 15.46. Its stock has seen a 52-week range from $75.00 to $112.45, with a 50-day moving average of $103.11 and a 200-day moving average of $91.42. Principal Financial's beta is 0.896, indicating lower volatility compared to the broader market.

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 stands at 10.1%, with 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% with a payout ratio of 44.91%.

Analysts Set New Price Targets

Analysts have mixed opinions on Principal Financial Group. On June 24, 2026, Piper Sandler maintained a 'buy' rating with a $125.00 price target, while B of A Securities downgraded the stock to 'sell' with a $95.00 target. Morgan Stanley maintained its 'hold' rating with a $107.00 target on May 21, 2026.

About Principal Financial Group

Principal Financial Group, Inc. is a global provider of retirement, asset management, and insurance products and services. Headquartered in Des Moines, Iowa, the company operates through segments like Retirement and Income Solutions, Principal Asset Management, and Benefits and Protection. With approximately 19,700 employees, it serves businesses, individuals, and institutional clients worldwide.

Bottom Line

The insider purchase by Deanna Strable-Soethout reflects her confidence in Principal Financial Group's prospects. Investors often watch insider transactions for insights into company performance. It's important to remember that 13F filings and insider trades are backward-looking and may not represent current positions.