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Principal Financial Group Inc - PFG STOCK NEWS

Welcome to our dedicated news page for Principal Financial Group (Ticker: PFG), a resource for investors and traders seeking the latest updates and insights on Principal Financial Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Principal Financial Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Principal Financial Group's position in the market.

News
Principal® achieves sustainability goals in newly released report
Rhea-AI Summary
Principal Financial Group achieves sustainability goals in newly released 2023 report by doubling diverse small and midsized businesses served, investing $18 million in 2023, meeting Global People Inclusion Index goal, reducing greenhouse gas emissions by 11.5% annually, and increasing assets under sustainable investing.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.12%
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none
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News
Principal to Announce First Quarter 2024 Financial Results
Rhea-AI Summary
Principal Financial Group (PFG) will release its first quarter 2024 financial results on April 25, followed by a conference call on April 26 led by top executives to discuss the results. Investors can access the call through various channels, including a live webcast and telephone dial-in options.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.36%
Tags
earnings
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News
AM Best Affirms Credit Ratings of Principal Financial Group, Inc. and Its Subsidiaries
Rhea-AI Summary
AM Best affirms Principal Financial Group's strong Financial Strength Rating and Long-Term Issuer Credit Ratings. The ratings reflect Principal's balance sheet strength, strong operating performance, and favorable business profile. The outlook is stable with a very strong risk-adjusted capitalization.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.87%
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none
News
Principal® Earns 2024 ENERGY STAR® Partner of the Year Sustained Excellence Award for Seventh Consecutive Year
Rhea-AI Summary
Principal Asset Management has been awarded the 2024 ENERGY STAR Partner of the Year: Sustained Excellence Award for the seventh consecutive year. The firm's commitment to sustainability and responsible property investment is highlighted through its energy efficiency and greenhouse gas emissions reduction initiatives. Principal aims for a 40% reduction in GHG emissions by 2035. With 90% of properties actively benchmarking utility usage and an average ENERGY STAR score of 88 for certified properties, Principal continues to lead in sustainability efforts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.87%
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none
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News
Principal® named one of the 2024 World’s Most Ethical Companies by Ethisphere
Rhea-AI Summary
Principal Financial Group has been recognized as one of the World’s Most Ethical Companies by Ethisphere for the 13th time. The company's ethical leadership and business practices have been acknowledged since 2006. With 136 honorees from 20 countries and 44 industries, the 2024 list shows that the recognized companies outperformed a global index by 12.3 percentage points from 2019 to 2024. Principal's commitment to ethics, as demonstrated by their programs and practices, has enabled them to positively impact employees, customers, and communities worldwide.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.79%
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none
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News
Principal Financial Group® Announces Full Year and Fourth Quarter 2023 Results as well as 2024 Outlook
Rhea-AI Summary
Principal Financial Group® (PFG) raises first quarter 2024 common stock dividend and announces a new $1.5 billion share repurchase authorization. The company reported full year 2023 net income of $623 million and a loss of $872 million in the fourth quarter. Non-GAAP operating earnings for 2023 were $1,603 million, with a dividend increase to $0.69 per share. Assets under management were $695 billion, with an outlook of 9-12% annual earnings growth in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.41%
Tags
earnings
News
Principal® to host The Thread Collectors authors for International Women’s Day event
Rhea-AI Summary
Principal Financial Group® is hosting a public event at its global headquarters in Des Moines to celebrate International Women’s Day. The event will feature a conversation with authors Shaunna J. Edwards and Alyson Richman, discussing women’s relationships, bridge building, and resilience to inspire social good and inclusion. Principal is committed to valuing women and expanding access, celebrating the resourcefulness and camaraderie of women, and highlighting their important role in society. The event will take place on Thursday, March 7, and will include a discussion with the authors, followed by a reception and book signing.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.24%
Tags
conferences
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News
Principal® CEO Dan Houston to Speak at 2024 Bank of America Financial Services Conference
Rhea-AI Summary
Principal Financial Group (PFG) CEO Dan Houston will participate in a fireside chat at the Bank of America Financial Services Conference, covering industry and company topics on February 21, 2024. The event will be available via live video webcast on principal.com/investor.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.24%
Tags
conferences
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News
Principal® direct lending business reaches $2 billion in borrower commitments
Rhea-AI Summary
Principal Asset Management has achieved a significant milestone, reaching $2 billion in borrower commitments through its direct lending business. The investment team has completed over 115 transactions as of December 31, 2023, and has surpassed $2 billion in total borrower commitments since its inception in July 2020. This achievement reflects the company's long-term strategy of offering flexible financing solutions in the middle market direct lending industry. The team focuses on privately negotiated debt transactions with sponsor-backed and non-sponsored lower and middle-market companies throughout North America, targeting transactions of $25 million to $200 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.03%
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none
News
Beyond Business: Principal® Provides Office Space to Pi515
Rhea-AI Summary
Principal Financial Group welcomes Pi515 to its global headquarters through a lease providing the Des Moines tech-focused nonprofit in-kind office space. This move demonstrates Principal's commitment to expanding access and adding youthful energy to the downtown core. Pi515 will operate rent-free, allowing them to focus financial resources on their mission and provide a well-equipped space to help prepare students for career opportunities in the emerging digital workforce.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.77%
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none
Stock PFG logo
Principal Financial Group Inc

Nasdaq:PFG

PFG Rankings

#531 Ranked by Market Cap
#3522 Ranked by Stock Gains
#1004 Ranked by Dividends

PFG Stock Data

18.77B
234.40M
1.06%
72.65%
1.05%
Direct Life Insurance Carriers
Finance and Insurance
Link
US
Des Moines

About PFG

principal financial group® helps people and companies around the world build, protect and advance their financial well-being through retirement, insurance and asset management solutions that fit their lives. our employees are passionate about helping clients of all income and portfolio sizes achieve their goals – offering innovative ideas, investment expertise and real-life solutions to make financial progress possible. to find out more, visit us at principal.com. the principal is an affirmative action and equal opportunity employer and an e-verify participant. all qualified applicants will receive consideration for employment without regard to of age, race, color, religion, gender identity, gender expression, pregnancy, national origin, citizenship status, disability, genetic characteristics, sexual orientation, marital status, domestic partner status, military status, protected veteran status, disability status or any other characteristic protected by law.