PFG

PRINCIPAL FINANCIAL GROUP INC

Nasdaq · Accident & Health Insurance · Inc. DE · CIK 0001126328

$111.12 +1.30% $24.0B

Insider Selling Cluster (2 insiders)High Impact Filing (8/10)33 New Institutional Positions16 Institutional Exits

Vol

Market Cap$24.0B

Cap SizeLarge Cap

Analyst ConsensusSell (26%)

Inst. Holders50 funds

Inst. Value$9.9B

Inst. Activity33 buys / 16 sells

Insider Activity0B / 7S

Insider Net $-$2.9M

SEC Reports7

Exchange Nasdaq·Sector Accident & Health Insurance·Inc. DE·CIK 0001126328·Prev Close $109.69

Recent Activity

Jun 8, 2026 Insider

Brown Timothy W. was granted 22,279 shares

EVP, General Counsel and Sec

Jun 5, 2026 Insider

Mills Scott was granted 416 shares

Director @ $105.22 ($43.8K)

Jun 5, 2026 Insider

HOCHSCHILD ROGER C was granted 689 shares

Director @ $105.22 ($72.5K)

Jun 5, 2026 short_volume

Short Volume: PFG — 87.9% short (0.6M / 0.7M)

Short: 578,347 | Exempt: 0 | TRF Vol: 657,617 | Short Ratio: 87.9% | Off-exchange volume (dark pool

Jun 1, 2026 SEC

Principal Financial Group issued $400M of 5.300% Senior Notes due 2037, fully guaranteed by subsidiary Principal Financi

8-K — Impact 4/10

May 29, 2026 SEC

Principal Financial Group is issuing $400M of 5.300% Senior Notes due 2037, with net proceeds of ~$394.9M for general co

424B5 — Impact 4/10

May 27, 2026 SEC

Principal Financial Group filed a preliminary 424B5 prospectus supplement for an offering of senior unsecured notes due

424B5 — Impact 4/10

Inst.

Capital World Investors — NEW

6,026,881 shares ($543.1M)

Price Targets

$101.50 -8.7% upside Sell

Current $111.12 Low $87.00 Median $101.50 High $113.00 12 analysts

$87.00 $113.00

Analyst Ratings

Sell26% buy · 19 analysts

1Strong Buy

4Buy

13Hold

1Sell

0Strong Sell

Recent Analyst Actions

Date	Firm	Action	Rating
May 21, 2026	Morgan Stanley	MAINTAIN	Equal-Weight → Equal-Weight
May 19, 2026	Raymond James	DOWNGRADE	Strong Buy → Outperform
Apr 27, 2026	Evercore ISI Group	MAINTAIN	In-Line → In-Line
Apr 24, 2026	Barclays	MAINTAIN	Underweight → Underweight
Apr 14, 2026	B of A Securities	MAINTAIN	Neutral → Neutral

Earnings Estimates

Period	EPS Est.	Range	Growth	#
Current Q	$2.31	$2.14 — $2.43	7% YoY	10
Next Q	$2.45 ▼ -0.5%	$2.33 — $2.59	17% YoY	10
Current FY	$9.32 ▲ +0.5%	$8.94 — $9.58	13% YoY	12
Next FY	$10.21	$9.79 — $10.53	10% YoY	12

Latest Reports

NEUTRAL 8-K 4/10

Principal Financial Group issued $400M of 5.300% Senior Notes due 2037, fully guaranteed by subsidiary Principal Financi

Jun 1, 2026

NEUTRAL 424B5 4/10

Principal Financial Group is issuing $400M of 5.300% Senior Notes due 2037, with net proceeds of ~$394.9M for general co

May 29, 2026

Top Institutional Holders

Fund	Value	Move
BlackRock, Inc.	$1.8B	—
VANGUARD CAPITAL MANAGEMENT LLC	$1.2B	—
VANGUARD PORTFOLIO MANAGEMENT LLC	$1.0B	—
STATE STREET CORP	$917.3M	—
BANK OF AMERICA CORP	$794.7M	—

Recent Insider Trades

Date	Insider	Type	Value
Jun 8, 2026	Brown Timothy	A	$0.00
Jun 5, 2026	Mills Scott	A	$43.8K
Jun 5, 2026	HOCHSCHILD ROGER	A	$72.5K
May 21, 2026	Cheong Wee	SELL	$777.2K
May 20, 2026	Cheong Wee	SELL	$330.9K

50 institutional holders with $9.9B total value (110,426,009 shares) as of 2026-Q1. Top holders: BlackRock,, VANGUARD, VANGUARD. Net buying activity: 33 institutions added/increased vs 16 reduced.

Top Institutional Holders — 2026-Q1

#	Fund	Shares	Value	% of Tracked	Last Move
1	BlackRock, Inc.	20,322,358	$1.8B	18.4%	—
2	VANGUARD CAPITAL MANAGEMENT LLC	13,474,208	$1.2B	12.2%	—
3	VANGUARD PORTFOLIO MANAGEMENT LLC	11,264,834	$1.0B	10.2%	—
4	STATE STREET CORP	10,179,842	$917.3M	9.2%	—
5	BANK OF AMERICA CORP /DE/	8,819,452	$794.7M	8.0%	—
6	Capital World Investors	6,026,881	$543.1M	5.5%	NEW
7	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	5,923,936	$533.8M	5.4%	DOUBLED +310.1%
8	DIMENSIONAL FUND ADVISORS LP	3,886,509	$350.2M	3.5%	—
9	Invesco Ltd.	3,541,982	$319.2M	3.2%	—
10	MORGAN STANLEY	3,006,287	$270.9M	2.7%	—
11	GOLDMAN SACHS GROUP INC	2,754,277	$248.2M	2.5%	—
12	Legal & General Group Plc	1,694,596	$152.7M	1.5%	—
13	DEUTSCHE BANK AG\	1,383,643	$124.7M	1.3%	—
14	Amundi	1,151,817	$103.8M	1.0%	—
15	VANGUARD FIDUCIARY TRUST CO	1,130,176	$101.8M	1.0%	—
16	AustralianSuper Pty Ltd	937,473	$84.5M	0.8%	—
17	ROYAL BANK OF CANADA	877,645	$79.1M	0.8%	—
18	HSBC HOLDINGS PLC	780,743	$70.4M	0.7%	—
19	VICTORY CAPITAL MANAGEMENT INC	727,924	$65.6M	0.7%	—
20	BARCLAYS PLC	726,136	$65.4M	0.7%	—

Recent Position Changes

Fund	Action	Prev Shares	Curr Shares	Change %	Value	Quarter
Capital World Investors	NEW	—	6,026,881	—	$543.1M	2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC	DOUBLED	1,444,682	5,923,936	+310.1%	$533.8M	2026-Q1
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND	DOUBLED	229,903	591,931	+157.5%	$53.3M	2026-Q1
FEDERATED HERMES, INC.	DOUBLED	18,096	581,347	+3112.6%	$52.4M	2026-Q1
O'SHAUGHNESSY ASSET MANAGEMENT, LLC	ADD	231,285	416,864	+80.2%	$37.6M	2026-Q1
ENVESTNET ASSET MANAGEMENT INC	DOUBLED	61,414	328,095	+434.2%	$29.6M	2026-Q1
FRANKLIN RESOURCES INC	ADD	144,828	279,762	+93.2%	$25.2M	2026-Q1
STIFEL FINANCIAL CORP	DOUBLED	14,953	205,814	+1276.4%	$18.5M	2026-Q1
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	TRIM	623,684	201,881	-67.6%	$18.2M	2026-Q1
Mirae Asset Global Investments Co., Ltd.	DOUBLED	38,717	183,075	+372.9%	$16.5M	2026-Q1
Gotham Asset Management, LLC	DOUBLED	8,763	178,451	+1936.4%	$16.1M	2026-Q1
Korea Investment CORP	TRIM	235,766	123,966	-47.4%	$11.2M	2026-Q1
Swiss Life Asset Management Ltd	ADD	56,195	81,216	+44.5%	$10.2M	2026-Q1
Assenagon Asset Management S.A.	DOUBLED	7,922	105,377	+1230.2%	$9.5M	2026-Q1
MARSHALL WACE, LLP	NEAR_EXIT	732,606	102,158	-86.1%	$9.2M	2026-Q1
Mitsubishi UFJ Trust & Banking Corp	TRIM	158,121	100,089	-36.7%	$9.0M	2026-Q1
Tredje AP-fonden	DOUBLED	31,508	93,517	+196.8%	$8.4M	2026-Q1
FIFTH THIRD BANCORP	DOUBLED	9,130	84,116	+821.3%	$7.6M	2026-Q1
TORONTO DOMINION BANK	TRIM	118,223	82,040	-30.6%	$7.4M	2026-Q1
CIBC Asset Management Inc	ADD	53,126	68,408	+28.8%	$6.2M	2026-Q1
XPONANCE LLC	TRIM	113,224	60,697	-46.4%	$5.5M	2026-Q1
PUBLIC SECTOR PENSION INVESTMENT BOARD	TRIM	144,076	59,399	-58.8%	$5.4M	2026-Q1
FJARDE AP-FONDEN /FOURTH SWEDISH NATIONAL PENSION FUND	DOUBLED	25,151	55,401	+120.3%	$5.0M	2026-Q1
NATIONAL BANK OF CANADA /FI/	TRIM	69,685	30,574	-56.1%	$2.8M	2026-Q1
NATIXIS	TRIM	54,018	27,416	-49.2%	$2.5M	2026-Q1

22 unique insiders with 50 transactions. Net insider value: -$2.9M ($0.00 bought, $2.9M sold).

Insider Transactions

Date	Insider	Title	Type	Shares	Price	Value
Jun 8, 2026	Brown Timothy W.	EVP, General Counsel and Sec	AWARD	22,279	—	—
Jun 5, 2026	Mills Scott	Director	AWARD	416	$105.22	$43.8K
Jun 5, 2026	HOCHSCHILD ROGER C	Director	AWARD	689	$105.22	$72.5K
May 21, 2026	Cheong Wee Yee	President - Asia & Middle East	SELL	7,534	$103.16	$777.2K
May 20, 2026	Cheong Wee Yee	President - Asia & Middle East	SELL	3,211	$103.06	$330.9K
May 19, 2026	HOCHSCHILD ROGER C	Director	AWARD	2,175	—	—
May 19, 2026	Mills Scott	Director	AWARD	2,175	—	—
May 19, 2026	Auerbach Jonathan	Director	AWARD	2,175	—	—
May 19, 2026	Carter Miller Jocelyn	Director	AWARD	2,175	—	—
May 19, 2026	Muruzabal Claudio	Director	AWARD	2,175	—	—
May 19, 2026	Nordin Diane C	Director	AWARD	2,175	—	—
May 19, 2026	Mitchell H Elizabeth	Director	AWARD	2,175	—	—
May 19, 2026	Pickerell Blair	Director	AWARD	2,175	—	—
May 19, 2026	Richer Clare Stack	Director	AWARD	2,175	—	—
May 19, 2026	RIVERA ALFREDO	Director	AWARD	2,175	—	—
May 1, 2026	Cheong Wee Yee	President - Asia & Middle East	SELL	9,183	$101.26	$929.9K
Apr 30, 2026	Djurasovic George	Interim General Counsel	SELL	0.989	$99.63	$98.53
Apr 30, 2026	Cheong Wee Yee	President - Asia & Middle East	SELL	4,737	$101.01	$478.5K
Apr 29, 2026	Cheong Wee Yee	President - Asia & Middle East	SELL	1,080	$101.00	$109.1K
Apr 28, 2026	Djurasovic George	Interim General Counsel	SELL	2,571	$100.83	$259.2K
Mar 27, 2026	Mitchell H Elizabeth	Director	AWARD	100	—	—
Mar 27, 2026	Richer Clare Stack	Director	AWARD	174	—	—
Mar 27, 2026	Pickerell Blair	Director	AWARD	340	—	—
Mar 27, 2026	RIVERA ALFREDO	Director	AWARD	30	$87.01	$2.6K
Mar 27, 2026	Cheong Wee Yee	President - Asia & Middle East	AWARD	667	—	—
Mar 27, 2026	Djurasovic George	Interim General Counsel	AWARD	176	—	—
Mar 27, 2026	Bhatia Kamal	President and CEO - PAM	AWARD	509	—	—
Mar 27, 2026	Agrawal Vivek	EVP & Chief Growth Officer	AWARD	278	—	—
Mar 27, 2026	Friedrich Amy Christine	President - Benefits & Protect	AWARD	707	—	—
Mar 27, 2026	Kay Kathleen B	EVP-Chief Information Officer	AWARD	469	—	—
Mar 27, 2026	LITTLEFIELD CHRISTOPHER J	President - RIS	AWARD	660	—	—
Mar 27, 2026	McCullum Kenneth A.	EVP - Chief Risk Officer	AWARD	88	—	—
Mar 27, 2026	STRABLE-SOETHOUT DEANNA D	Chair, President and CEO	AWARD	680	—	—
Mar 27, 2026	Pitz Joel	EVP & CFO	AWARD	278	—	—
Mar 27, 2026	Mills Scott	Director	AWARD	182	$87.01	$15.8K
Mar 27, 2026	Mills Scott	Director	AWARD	307	—	—
Mar 27, 2026	Carter Miller Jocelyn	Director	AWARD	805	—	—
Mar 27, 2026	Beams Mary E.	Director	AWARD	134	—	—
Mar 27, 2026	HOCHSCHILD ROGER C	Director	AWARD	262	$87.01	$22.8K
Mar 27, 2026	Auerbach Jonathan	Director	AWARD	203	—	—
Mar 27, 2026	Muruzabal Claudio	Director	AWARD	124	—	—
Mar 27, 2026	Nordin Diane C	Director	AWARD	264	—	—
Mar 27, 2026	HOCHSCHILD ROGER C	Director	AWARD	355	—	—
Mar 27, 2026	RIVERA ALFREDO	Director	AWARD	144	—	—
Mar 2, 2026	McCullum Kenneth A.	EVP - Chief Risk Officer	D	1,316	$96.01	$126.3K
Mar 2, 2026	Bhatia Kamal	President and CEO - PAM	D	2,299	$95.99	$220.7K
Feb 27, 2026	Djurasovic George	Interim General Counsel	TAX W/H	1,288	$95.42	$122.9K
Feb 27, 2026	Pitz Joel	EVP - CFO	TAX W/H	556	$95.42	$53.1K
Feb 27, 2026	Friedrich Amy Christine	President - Benefits & Protect	TAX W/H	3,801	$95.42	$362.7K
Feb 27, 2026	STRABLE-SOETHOUT DEANNA D	Chair, President and CEO	TAX W/H	5,321	$95.42	$507.7K

7 SEC filing reports analyzed. Sentiment: 1 bullish, 0 bearish, 0 mixed, 6 neutral. Avg impact: 3.9/10.

NEUTRAL 8-K 4/10

Principal Financial Group issued $400M of 5.300% Senior Notes due 2037, fully guaranteed by subsidia

Jun 1, 2026

NEUTRAL 424B5 4/10

Principal Financial Group is issuing $400M of 5.300% Senior Notes due 2037, with net proceeds of ~$3

May 29, 2026

NEUTRAL 424B5 4/10

Principal Financial Group filed a preliminary 424B5 prospectus supplement for an offering of senior

May 27, 2026

NEUTRAL CLUSTER 2/10

Two PFG insiders (President - Asia & Middle East and Interim General Counsel) sold a total of $1.78M

May 4, 2026

NEUTRAL CLUSTER 2/10

Two PFG insiders sold a combined $368K in open-market sales over a 7-day window, following the compa

Apr 30, 2026

BULLISH 8-K 8/10

Principal Financial Group reported strong Q1 2026 results with non-GAAP operating EPS of $2.17, a 13

Apr 23, 2026

NEUTRAL 8-K 3/10

Principal Financial Group disclosed $770.2 billion in assets under management (AUM) as of March 31,

Apr 20, 2026

∅

No press releases analyzed yet. Press releases are collected from GlobeNewsWire and analyzed by the LLM pipeline.

Current analyst consensus: Sell (26% buy). Based on 19 analysts: 1 strong buy, 4 buy, 13 hold, 1 sell, 0 strong sell.

Analyst Price Targets

$101.50 mean target -8.7% upside Sell (2.92)

$87.00 Low $113.00 High

Metric	Value
Current Price	$111.12
Target Low	$87.00
Target Mean	$101.50
Target Median	$101.50
Target High	$113.00
# Analysts	12
Recommendation	Sell (2.92)

Earnings Estimates & Revisions

Period	EPS Avg	EPS Low	EPS High	EPS Growth	30d Rev.	Up/Down	Rev. Avg	Rev. Growth	Analysts
Current Q 2026-06-30	$2.31	$2.14	$2.43	7.2%	+0.3%	6↑ 3↓	$4.0B	9.5%	10
Next Q 2026-09-30	$2.45	$2.33	$2.59	16.6%	-0.5%	5↑ 3↓	$4.1B	6.1%	10
Current FY 2026-12-31	$9.32	$8.94	$9.58	12.6%	+0.5%	9↑ 1↓	$16.4B	1.9%	12
Next FY 2027-12-31	$10.21	$9.79	$10.53	9.6%	+0.3%	8↑ 1↓	$17.6B	7.4%	12

Current Quarter EPS Revision History

Timepoint	EPS Estimate	Change
Current	$2.315
7d ago	$2.304	+0.011
30d ago	$2.308	+0.007
60d ago	$2.306	+0.009
90d ago	$2.329	-0.014

9 analyst firms have rated this stock: 1 upgrades, 2 downgrades, 0 initiations.

Individual Analyst Actions

Date	Analyst Firm	Action	Previous Rating	New Rating
May 21, 2026	Morgan Stanley	MAINTAIN	Equal-Weight	Equal-Weight
May 19, 2026	Raymond James	DOWNGRADE	Strong Buy	Outperform
Apr 27, 2026	Evercore ISI Group	MAINTAIN	In-Line	In-Line
Apr 24, 2026	Barclays	MAINTAIN	Underweight	Underweight
Apr 14, 2026	B of A Securities	MAINTAIN	Neutral	Neutral
Apr 10, 2026	Wells Fargo	MAINTAIN	Equal-Weight	Equal-Weight
Apr 9, 2026	UBS	MAINTAIN	Neutral	Neutral
Apr 8, 2026	Barclays	MAINTAIN	Underweight	Underweight
Mar 3, 2026	Morgan Stanley	MAINTAIN	Equal-Weight	Equal-Weight
Feb 25, 2026	Wells Fargo	UPGRADE	Underweight	Equal-Weight
Feb 10, 2026	B of A Securities	MAINTAIN	Neutral	Neutral
Jan 13, 2026	Wells Fargo	MAINTAIN	Underweight	Underweight
Jan 8, 2026	UBS	MAINTAIN	Neutral	Neutral
Jan 5, 2026	JP Morgan	DOWNGRADE	Overweight	Neutral
Dec 23, 2025	Piper Sandler	MAINTAIN	Overweight	Overweight

Monthly Consensus History

Period	Strong Buy	Buy	Hold	Sell	Strong Sell	Buy %
Jun 1, 2026	1	4	13	1	0	26%
May 1, 2026	2	3	13	1	0	26%
Apr 1, 2026	2	3	11	1	0	29%
Mar 1, 2026	1	1	11	6	1	10%
Feb 1, 2026	1	1	11	6	1	10%
Jan 1, 2026	2	4	8	2	0	38%

Strong BuyBuyHoldSellStrong Sell

∅

No congressional trading data available for this ticker. Data is sourced from Senate and House financial disclosure filings.

∅

No Reddit sentiment data available yet. Sentiment is analyzed from Reddit investment communities on a rolling basis.

Jun 5, 2026

short_volume

Short Volume: PFG — 87.9% short (0.6M / 0.7M)

Short: 578,347 | Exempt: 0 | TRF Vol: 657,617 | Short Ratio: 87.9% | Off-exchange volume (dark pool + OTC)

May 29, 2026

short_volume

Short Volume: PFG — 72.7% short (0.4M / 0.5M)

Short: 376,955 | Exempt: 1,557 | TRF Vol: 518,857 | Short Ratio: 72.7% | Off-exchange volume (dark pool + OTC)

May 18, 2026

dark_pool

Dark Pool: PFG — 1.1M shares, 38,747 trades

Week starting 2026-05-18. Total ATS volume: 1,117,756 shares across 38,747 trades.

May 11, 2026

short_interest

FTD: PFG — 9,621 shares ($1.0M) failed to deliver

Settlement: 20260511, Price: $100.50, FTD Value: $966,910.5, PRINCIPAL FINANCIAL GROUP

May 11, 2026

dark_pool

Dark Pool: PFG — 1.2M shares, 38,517 trades

Week starting 2026-05-11. Total ATS volume: 1,194,541 shares across 38,517 trades.

May 6, 2026

short_interest

FTD: PFG — 10,684 shares ($1.1M) failed to deliver

Settlement: 20260506, Price: $100.87, FTD Value: $1,077,695.08, PRINCIPAL FINANCIAL GROUP

May 4, 2026

dark_pool

Dark Pool: PFG — 1.2M shares, 40,300 trades

Week starting 2026-05-04. Total ATS volume: 1,190,882 shares across 40,300 trades.

Apr 27, 2026

short_volume

Short Volume: PFG — 80.5% short (0.4M / 0.5M)

Short: 406,090 | Exempt: 20,465 | TRF Vol: 504,280 | Short Ratio: 80.5% | Off-exchange volume (dark pool + OTC)

Apr 27, 2026

dark_pool

Dark Pool: PFG — 1.7M shares, 46,730 trades

Week starting 2026-04-27. Total ATS volume: 1,658,189 shares across 46,730 trades.

Apr 27, 2026

short_interest

FTD: PFG — 54,263 shares ($5.4M) failed to deliver

Settlement: 20260427, Price: $99.34, FTD Value: $5,390,486.42, PRINCIPAL FINANCIAL GROUP

Apr 24, 2026

short_volume

Short Volume: PFG — 81.9% short (0.7M / 0.8M)

Short: 672,308 | Exempt: 9,760 | TRF Vol: 820,955 | Short Ratio: 81.9% | Off-exchange volume (dark pool + OTC)

Apr 23, 2026

short_volume

Short Volume: PFG — 84.6% short (0.5M / 0.5M)

Short: 458,992 | Exempt: 3,101 | TRF Vol: 542,542 | Short Ratio: 84.6% | Off-exchange volume (dark pool + OTC)

Apr 23, 2026

earnings_calendar

PFG Q1 2026 Earnings After Market Close — 2026-04-23

Apr 21, 2026

short_volume

Short Volume: PFG — 78.0% short (0.5M / 0.7M)

Short: 510,375 | Exempt: 33,220 | TRF Vol: 654,736 | Short Ratio: 78.0% | Off-exchange volume (dark pool + OTC)

Apr 20, 2026

dark_pool

Dark Pool: PFG — 2.4M shares, 54,928 trades

Week starting 2026-04-20. Total ATS volume: 2,413,003 shares across 54,928 trades.