PFG Stock Recent News

In the stock market, there are always smart buys that can be made. Today's focus will be on a super-regional bank, a financial services company, and a consumer staple. The trio is priced anywhere from 10% to 30% below my fair value estimates.

ATLANTA--(BUSINESS WIRE)--Principal Asset Management℠ announces the rebranding of two established apartment communities in the metro Atlanta area. Gables Sugarloaf is now The Quinn Sugarloaf, and Dunwoody Gables is now The Cleo Dunwoody. These updates follow significant capital investment and reflect a renewed focus on serving a growing renter demographic. The ownership and management structure remains unchanged. Both communities will undergo renovations that build upon their established reputa.

I spotlight five companies with recent dividend increases, averaging a 5.4% hike and a 22-year growth streak, led by PepsiCo's 53-year record. My methodology combines U.S. Dividend Champions data and NASDAQ dividend updates, focusing on companies with at least five years of dividend growth. Despite strong dividend histories, none of these companies currently meet my high standards for portfolio inclusion, as I seek significant outperformance over SCHD.

Principal Financial gains from strong segment growth, a robust global retirement and long-term savings business, solid capital strength and rising dividends.

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) today announced the appointment of Joel Pitz as executive vice president and chief financial officer, effective immediately. Pitz steps into the role after 30 years with Principal and brings extensive experience in successfully aligning financial strategy to business goals. “Joel has demonstrated strong leadership throughout his time at Principal and during his tenure as interim CFO which will continue to serve the comp.

CHARLOTTE, N.C. , May 19, 2025 /PRNewswire/ -- Deriva Energy, LLC, a leader in clean power generation, operations and development, today announced that it has completed a $127 million debt financing for a portfolio of two operating energy assets.

Better pricing, product redesigns, technological advancements and improving inflation are expected to aid multiline insurers like MET, AIG, PFG, EG and AIZ.

Principal Financial Group offers solid business diversification and global reach but lacks a clear competitive advantage over peers in any segment. PFG valuation appears fair, with shares trading near historical averages and limited upside potential given current growth and profitability levels. The dividend yield of 3.7% is attractive and supported by strong cash flow and capital returns, but overall return prospects remain modest.

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Principal Financial (PFG) have what it takes?

Principal Financial Group, Inc. (NASDAQ:PFG ) Q1 2025 Earnings Conference Call April 25, 2025 10:00 AM ET Company Participants Humphrey Lee - VP of IR Deanna Strable - CEO Joel Pitz - Interim CFO Kamal Bhatia - President and CEO, Principal Asset Management Chris Littlefield - President, Retirement and Income Solutions Amy Friedrich - President, Benefits and Protection Conference Call Participants Joel Hurwitz - Dowling & Partners Ryan Krueger - KBW Wilma Burdis - Raymond James Wes Carmichael - Autonomous Research Tom Gallagher - Evercore ISI Suneet Kamath - Jefferies Jack Matten - BMO Capital Markets Mike Ward - UBS Jimmy Bhullar - JPMorgan Securities Operator Good morning, and welcome to the Principal Financial Group First Quarter 2025 Financial Results Conference Call. There will be a question-and-answer period after the speakers have completed their prepared remarks.