Principal Financial Group (PFG) news

JP Morgan raises target price to $107 from $106 for Principal Financial Group Inc

JPMorgan Chase & Co. has raised its price target for Principal Financial Group, Inc. (NASDAQ:PFG) to $106.00 from $101.00, according to a recent report. The updated target reflects the firm’s ongoing assessment of the company’s financial performance and market positioning. Despite the increase,…

Principal Financial Group Inc: BofA Global Research raises price objective to $104 from $94

BofA Global Research has revised its price objective for Principal Financial Group Inc (PFG), raising it to $104 from $94, reflecting a more optimistic outlook for the company. The adjustment follows an analysis of the firm’s recent performance and market positioning. The firm maintains a market…

Principal Financial 2Q pretax operating profit $668.8M, est. $623.3M

Principal Financial Group (Nasdaq: PFG) reported second-quarter pretax operating profit of $668.8 million, exceeding the estimated $623.3 million, according to its latest financial results. The company’s performance was driven by strong contributions from its Retirement and Income Solutions…

Principal Financial 2Q adj oper EPS $2.50, est. $2.33

Principal Financial Group (PFG) reported adjusted operating EPS of $2.50 , exceeding the estimated $2.33. The company’s non-GAAP operating earnings for the quarter totaled $386 million, or $1.63 per diluted share, reflecting a 7% year-over-year increase . This performance was driven by strong…

Principal Financial AUM $808B