$PFG

Wells Fargo reduced its price target for Principal Financial Group (PFG) to $109 from $112, citing lower earnings estimates for 2026 and 2027. The firm maintained its 2028 EPS estimate at $10.90. PFG's Q3 2026 earnings missed expectations, with adjusted EPS of $2.22 vs. $2.45 estimate, and revenue of $4.27B vs. $4.30B estimate. The company attributed the shortfall to lower variable investment income.

Analysts' average price target for Principal Financial Group Inc. stock decreased from $111 to $110.25, with estimates ranging from $86 to $128. The consensus rating remains 'Hold' among 14 analysts, with 2 'Buy', 9 'Hold', and 3 'Sell' ratings.

Principal Financial Group's specialty benefits segment reported a 10% sales growth in Q3 2026, with premiums and fees up 6% to $895 million. Pre-tax earnings fell 12% but were impacted by a strong prior-year period. The Beam Benefits acquisition contributed modestly, adding 25,000 small business customers. Principal expects the deal to boost premium growth in 2027. Transfer deposits in SMB retirement grew 21%, indicating client wins.

Principal Financial Group reported Q3 2026 net income of $631.9M ($2.91 per diluted share). Non-GAAP operating earnings were $481.8M ($2.22 per share). The company returned $429M to shareholders and increased its quarterly dividend to $0.85 per share. Assets under management totaled $785B. Retirement and Income Solutions deposits rose 8% YoY, while International Pension AUM increased 10% to $166.2B.

PRINCIPAL FINANCIAL GROUP INC (PFG) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99 INVESTOR CONTACT : MEDIA CONTACT: Humphrey Lee 877-909-1105, lee.humphrey@principal.com Sara Bonney 515-878-0835, bonney.sara@principal.com Principal Financial Group ® Announces Third Quarter 2026 Results Raises fourth quarter 2026 common stock dividend (Des Moines, Io

Wells Fargo reduced its price target for Principal Financial Group (PFG) to $112 from $113, citing lower Q3 2026 EPS estimates. The firm expects lower investment income and a 10-cent headwind from encaje. PFG's Q2 2026 earnings beat expectations, with adjusted EPS of $2.42 and revenue of $4.21B. Keefe, Bruyette & Woods raised its target to $117. Samsung Life is reportedly eyeing a 15% stake in PFG.

Principal Financial Group reported $785.0B in assets under management as of Sept. 30, 2026, a 1.5% quarterly decline due to FX, market performance, and dispositions. Investment Management managed $581.7B, while International Pension managed $166.2B. The Chile annuity business sale reduced AUM by $2.2B.

PRINCIPAL FINANCIAL GROUP INC (PFG) filed an SEC Form 8-K — Regulation FD Disclosure. Item 7.01 Regulation FD Disclosure This report is filed quarterly to disclose assets under management (“AUM”) by asset manager, prior to the availability of Principal Financial Group, Inc's (the "Company") quarterly earnings release. The amounts presented herein will be consisten

JP Morgan maintained a Neutral rating for Principal Financial Group (PFG) but lowered its price target to $106.00, a -0.93% decrease. GuruFocus values PFG at $94.98, suggesting a 13.1% overvaluation. The company has a GF Score of 74/100, indicating solid investment quality but moderate financial strength (4/10).

A lawsuit filed against Principal Financial Group (PFG) alleges the company mismanaged its $4.59B 401(k) plan, favoring its own high-fee funds over cheaper alternatives, costing participants millions. The complaint claims Principal Life, a subsidiary, acted as a middleman, collecting excessive fees, and that proprietary funds underperformed competitors. The case seeks class certification and financial restitution for plan participants.