Principal Financial Group, Inc. (PFG)

Principal Financial Group's stock experienced fluctuations over the past six months. The stock dipped slightly over the past six months but gained over the past 52 weeks, underperforming the Financial Select Sector SPDR Fund and the broader S&P 500 composite over the longer term, but outperformed XLF over the past three months. Key events include the Q4 2024 earnings release where the stock price rose despite mixed results, the Q1 2025 earnings release where shares plunged after earnings missed estimates, a dividend increase for the seventh consecutive quarter, and a recommendation to shareholders to reject an unsolicited mini-tender offer.

Demand for Principal Financial Group's products and services tends to show stable revenue, particularly in retirement and asset management. The life and income insurance division also contributes significantly, especially during uncertain economic conditions. The aging global population is expected to drive continued demand for Principal's retirement products and services. The company's Q1 2025 earnings call indicated that seasonality played out largely as anticipated for that quarter.

Principal Financial Group is a global financial services company operating in the Financial Services sector, primarily in Asset Management and Life & Health Insurance. The company offers retirement solutions, asset management, and workplace benefits and protection solutions, including defined contribution plans, mutual funds, annuities, and various insurance products. Revenue is significantly generated from its Retirement and Income Solutions segment.

Principal Financial Group has a significant global presence, serving customers in over 80 markets worldwide with offices in 18 countries. Its operations span key regions including North America, Europe, Asia, Latin America, and Australia, as well as Dubai, United Arab Emirates.

Principal Financial Group has received positive recognitions for its brand and workplace culture, including being recognized as a "Best Place to Work for Disability Inclusion" and a "Best Place to Work in Money Management." It also ranked #11 on America's Most JUST Companies. Principal employees surpassed 145,000 volunteer hours. However, one customer review mentioned a negative experience regarding the wrongful denial of benefits.

Institutional investors hold a substantial portion of Principal Financial Group's shares, ranging from approximately 63.05% to 73%. Major institutional shareholders include Vanguard Group Inc., BlackRock, Inc., and Nippon Life Insurance Co. The general public holds around 26% to 27% of the company's stock, while insider ownership is minimal, typically less than 1%.