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Principal Financial Group Inc Stock Research

PFG

77.54USD+0.26(+0.34%)Delayedas of 20 Sep 2023, 02:36 pm
Watchlist

Market Summary

USD77.54+0.26
Delayedas of 20 Sep 2023, 02:36 pm
0.34%

PFG Alerts

PFG Stock Price

PFG RSI Chart

PFG Valuation

Market Cap

18.7B

Price/Earnings (Trailing)

11.51

Price/Sales (Trailing)

1.33

Price/Free Cashflow

4.53

PFG Price/Sales (Trailing)

PFG Profitability

Return on Equity

42.04%

Return on Assets

1.43%

Free Cashflow Yield

22.09%

PFG Fundamentals

PFG Revenue

Revenue (TTM)

14.1B

Revenue Y/Y

-46.62%

Revenue Q/Q

26.19%

PFG Earnings

Earnings (TTM)

1.6B

Earnings Y/Y

-87.53%

Earnings Q/Q

377.52%

Price Action

52 Week Range

65.1796.17
(Low)(High)

Last 7 days

1.6%

Last 30 days

1.1%

Last 90 days

5.7%

Trailing 12 Months

-0.2%

PFG Financial Health

Debt/Equity

0.46

Debt/Cashflow

0.82

PFG Investor Care

Buy Backs (1Y)

3.16%

Diluted EPS (TTM)

6.61

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for PFG

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-08-04
Houston Daniel Joseph
gifted
-
-
-592
chairman, president & ceo
2023-06-30
RIVERA ALFREDO
acquired
-
-
80.00
-
2023-06-30
Muruzabal Claudio
acquired
-
-
64.00
-
2023-06-30
Kay Kathleen B
acquired
-
-
189
chief information officer
2023-06-30
STRABLE-SOETHOUT DEANNA D
acquired
-
-
106
evp & chief financial officer
2023-06-30
Friedrich Amy Christine
acquired
-
-
203
president - usis
2023-06-30
STRABLE-SOETHOUT DEANNA D
acquired
-
-
179
evp & chief financial officer
2023-06-30
Cheong Wee Yee
acquired
-
-
315
evp, principal asia
2023-06-30
Mitchell H Elizabeth
acquired
-
-
44.00
-
2023-06-30
Valdes Luis E.
acquired
-
-
25.00
executive chairman, latam

1–10 of 50

Which funds bought or sold PFG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-14
Proquility Private Wealth Partners, LLC
added
6.82
62,815
760,757
0.30%
2023-09-12
Farther Finance Advisors, LLC
reduced
-16.91
-1,538
8,570
-%
2023-09-08
TUCKER ASSET MANAGEMENT LLC
unchanged
-
27.00
1,365
-%
2023-09-07
ST GERMAIN D J CO INC
new
-
18,126
18,126
-%
2023-08-30
Western Wealth Management, LLC
reduced
-10.35
-22,464
241,101
0.02%
2023-08-28
Banco BTG Pactual S.A.
new
-
810,882
810,882
0.16%
2023-08-25
STRATEGY ASSET MANAGERS LLC
added
7.05
54,351
642,668
0.14%
2023-08-23
Rehmann Capital Advisory Group
reduced
-8.94
-17,945
235,640
0.02%
2023-08-23
Stonebridge Capital Advisors LLC
unchanged
-
2,499
124,681
0.01%
2023-08-22
Asset Dedication, LLC
unchanged
-
2,000
35,000
-%

1–10 of 47

Latest Funds Activity

Are funds buying PFG calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own PFG
No. of Funds

Schedule 13G FIlings of Principal Financial Group

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2023
capital research global investors
3.5%
8,498,045
SC 13G/A
Feb 09, 2023
vanguard group inc
11.56%
28,280,358
SC 13G/A
Feb 07, 2023
managed account advisors llc
5.2%
12,763,055
SC 13G
Feb 06, 2023
state street corp
4.87%
11,927,414
SC 13G
Jan 24, 2023
blackrock inc.
9.6%
23,502,359
SC 13G/A
Feb 11, 2022
capital research global investors
5.7%
15,228,210
SC 13G/A
Feb 10, 2022
state street corp
5.11%
13,547,492
SC 13G
Feb 03, 2022
blackrock inc.
8.5%
22,496,639
SC 13G/A
Feb 16, 2021
capital research global investors
5.8%
15,934,119
SC 13G/A
Feb 10, 2021
vanguard group inc
10.61%
29,143,233
SC 13G/A

Recent SEC filings of Principal Financial Group

View All Filings
Date Filed Form Type Document
Aug 16, 2023
8-K/A
Current Report
Aug 08, 2023
4
Insider Trading
Aug 07, 2023
13F-HR
Fund Holdings Report
Aug 02, 2023
10-Q
Quarterly Report
Jul 27, 2023
8-K
Current Report
Jul 20, 2023
8-K
Current Report
Jul 05, 2023
4
Insider Trading
Jul 05, 2023
4
Insider Trading
Jul 05, 2023
4
Insider Trading
Jul 05, 2023
4
Insider Trading

PFG Fair Value

Loading...

Peers (Alternatives to Principal Financial Group)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
83.3B
55.3B
6.38% 11.93%
47.79
1.51
11.39% 104.72%
50.2B
70.6B
6.59% 0.80%
22.58
0.71
4.01% -58.32%
46.5B
18.8B
3.95% 29.68%
10.1
2.47
-11.15% 5.38%
38.3B
38.7B
2.91% 2.81%
17.13
0.99
8.33% -37.32%
18.7B
14.1B
1.06% -0.19%
11.51
1.33
-18.38% -62.12%
MID-CAP
9.2B
12.1B
0.74% 21.07%
6.51
0.77
1.23% 31.52%
7.5B
10.6B
0.01% -8.21%
21.6
0.71
3.62% -71.27%
2.8B
7.5B
3.28% 52.94%
5.19
0.37
-1.40% -38.58%
2.7B
3.9B
2.49% 21.99%
12.28
0.7
4.46% -65.00%
1.2B
1.0B
2.23% -55.11%
-20.07
1.21
25.60% -67.04%
-
16.8B
7.35% 14.05%
-
-
3.86% 92.43%
SMALL-CAP
1.3B
348.9M
2.75% -38.18%
23
3.82
16.85% 25.90%
1.2B
1.4B
1.93% -21.70%
-111.09
0.86
3.44% -114.81%
562.0M
901.0M
-2.03% -39.05%
12.11
0.62
14.76% 164.17%

Principal Financial Group News

Best Stocks
ProShare Advisors LLC increases holdings and Principal Financial ....
Best Stocks,
6 hours ago
InvestorsObserver

Returns for PFG

Cumulative Returns on PFG

9.3%


10-Year Cumulative Returns

10.2%


7-Year Cumulative Returns

8.8%


5-Year Cumulative Returns

27.2%


3-Year Cumulative Returns

Risks for PFG

What is the probability of a big loss on PFG?

51.5%


Probability that Principal Financial Group stock will be more than 20% underwater in next one year

27.3%


Probability that Principal Financial Group stock will be more than 30% underwater in next one year.

20.8%


Probability that Principal Financial Group stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does PFG drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Principal Financial Group was unfortunately bought at previous high price.

Drawdowns

Financials for Principal Financial Group

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue-18.1%14,09917,20617,49218,45217,27514,15014,26313,93713,82413,39914,74215,02416,17217,03016,22215,94615,83515,09814,23713,70413,984
Interest Expenses---176---166---163---158---150--
Net Income-62.7%1,6254,3554,8125,3154,2891,5321,7111,7111,5881,6241,3961,2241,2651,2531,3941,3301,5091,5791,5472,1522,506
Net Income Margin-100.0%-0.25*0.28*0.29*0.54*0.11*0.12*0.12*0.11*0.12*0.09*0.08*0.08*0.07*0.09*------
Free Cashflow-100.0%-3,8373,1733,1572,9243,1103,2192,7352,8262,2903,7394,1394,8615,9065,493------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets-0.1%299,187299,408290,578282,581293,220291,539304,657298,908302,166295,635296,628278,485271,309246,904276,088270,238267,918259,420243,036258,758252,104
    Cash Equivalents-12.2%4,0744,6414,8484,2403,1732,7412,3323,1452,4172,0042,8503,5573,1503,4832,5163,1983,3162,2602,9782,9272,342
  Net PPE-------------993974968962960933767771763
  Goodwill0.1%1,6381,6361,5981,5481,5891,6611,6281,6481,7001,7011,7111,6531,6311,6161,6941,6911,1121,1111,1001,1291,103
Liabilities-0.1%288,531288,875280,299272,837281,873279,279288,199282,436285,543279,909279,755262,485255,726233,692261,137254,996253,512246,120231,189246,841240,259
  Short Term Borrowings8.7%26.0024.0081.0067.0067.0027980.0074.0083.0084.0085.0077.0076.0010693.0096.0077.0044.0043.0036.0065.00
  Long Term Debt-14.8%3,9934,6893,9973,9814,2814,2804,2804,2804,2804,2794,2794,2794,1633,6703,7343,7643,7623,2663,2603,2463,220
Shareholder's Equity0.8%10,34510,2619,9779,44610,33410,08412,14116,12916,29215,46216,61715,72115,31112,97314,68614,87314,10212,76211,45611,76911,707
  Retained Earnings1.4%16,63016,39916,69717,21115,98613,09112,88512,58412,39512,19911,83811,52111,44111,19911,07410,92810,80610,57210,29010,2089,904
  Additional Paid-In Capital0.4%10,83210,79110,74010,63810,55410,40210,49510,43710,40010,35210,32210,29110,26010,21710,18310,16310,13110,09110,06110,0269,994
Shares Outstanding-0.5%242243244245250252262266269273273275274273277278279278280284285
Minority Interest4.9%45.0043.0041.0042.0042.0055.0056.0059.0058.0057.0058.0070.0068.0065.0068.0069.0067.0068.0066.0068.0067.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations7.7%4,1323,8373,1733,1572,9603,1453,2542,7062,7972,2613,7094,1394,8615,9065,4935,9076,1975,5865,1574,2733,997
  Share Based Compensation---91.00---96.00---87.00---83.0084.0082.0081.0077.0081.0080.00
Cashflow From Investing142.9%74.00-1721,059-2,336-4,848-4,547-5,693-4,223-3,718-5,103-4,996-6,402-7,565-7,110-7,688-6,220-5,705-6,213-5,702-5,143-3,890
Cashflow From Financing-87.3%-3,305-1,764-1,7152742,6452,1401,9221,1071881,3631,6212,6222,5392,4271,7345844825511,0531,002229
  Dividend Payments-1.1%624631642655665669654639625613615613613609606606603602599588573
  Buy Backs-8.8%9991,0961,6611,7631,5071,576937660457191307316359359281408429626672464448

PFG Income Statement

2023-06-30
Condensed Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues    
Premiums and other considerations$ 1,492.7$ 1,366.2$ 2,941.3$ 2,253.6
Fees and other revenues1,017.6911.52,012.92,130.7
Net investment income (loss)988.1819.91,974.81,945.4
Net realized capital gains (losses)[1](72.8)(189.4)(138.8)(326.0)
Net realized capital gains (losses) on funds withheld assets[1]37.8689.0118.8689.0
Change in fair value of funds withheld embedded derivative93.93,067.3(532.7)3,067.3
Total revenues3,557.36,664.56,376.39,760.0
Expenses    
Benefits, claims and settlement expenses1,834.11,443.23,608.02,933.9
Liability for future policy benefits remeasurement (gain) loss0.7(213.8)(4.9)(200.4)
Market risk benefit remeasurement (gain) loss(6.9)104.3(9.8)113.2
Dividends to policyholders23.124.546.347.6
Operating expenses1,252.71,335.72,495.62,516.7
Total expenses3,103.72,693.96,135.25,411.0
Income (loss) before income taxes453.63,970.6241.14,349.0
Income taxes (benefits)59.9836.7(18.1)871.9
Net income (loss)393.73,133.9259.23,477.1
Net income (loss) attributable to noncontrolling interest4.915.210.519.7
Net income (loss) attributable to Principal Financial Group, Inc.$ 388.8$ 3,118.7$ 248.7$ 3,457.4
Earnings per common share    
Basic earnings per common share (in dollars per share)$ 1.60$ 12.35$ 1.02$ 13.50
Diluted earnings per common share (in dollars per share)$ 1.58$ 12.17$ 1.01$ 13.30
[1]Includes realized and unrealized gains (losses). See Note 3, Investments, for further details.

PFG Balance Sheet

2023-06-30
Condensed Consolidated Statements of Financial Position - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Assets  
Fixed maturities, available-for-sale$ 64,241.8$ 62,889.9
Fixed maturities, trading707.3760.7
Equity securities (2023 and 2022 include $755.2 million and $740.0 million related to consolidated variable interest entities)1,830.01,708.6
Mortgage loans (2023 and 2022 include $1,107.9 million and $1,179.7 million related to consolidated variable interest entities)20,409.320,629.8
Real estate (2023 and 2022 include $765.1 million and $649.0 million related to consolidated variable interest entities)2,351.22,239.7
Policy loans807.2784.7
Other investments (2023 and 2022 include $426.7 million and $375.9 million related to consolidated variable interest entities)6,445.56,122.0
Total investments96,792.395,135.4
Cash and cash equivalents (2023 and 2022 include $42.2 million and $32.4 million related to consolidated variable interest entities)4,073.94,848.0
Accrued investment income778.1742.1
Reinsurance recoverable and deposit receivable20,296.521,154.0
Premiums due and other receivables3,858.23,933.3
Deferred acquisition costs3,949.93,948.0
Market risk benefit asset148.6109.2
Property and equipment957.7996.1
Goodwill1,638.41,598.2
Other intangibles1,518.31,533.3
Separate account assets (2023 and 2022 include $36,179.7 million and $34,193.8 million related to consolidated variable interest entities)164,210.6155,375.1
Other assets964.41,205.6
Total assets299,186.9290,578.3
Liabilities  
Contractholder funds (2023 and 2022 include $326.7 million and $334.0 million related to consolidated variable interest entities)42,379.942,825.3
Future policy benefits and claims44,323.543,025.3
Market risk benefit liability136.1207.4
Other policyholder funds943.7911.5
Short-term debt26.380.7
Long-term debt3,992.93,997.0
Income taxes currently payable7.619.2
Deferred income taxes1,406.01,324.2
Separate account liabilities (2023 and 2022 include $36,179.7 million and $34,193.8 million related to consolidated variable interest entities)164,210.6155,375.1
Funds withheld payable19,921.820,436.1
Other liabilities (2023 and 2022 include $85.4 million and $86.8 million related to consolidated variable interest entities)11,182.312,096.7
Total liabilities288,530.7280,298.5
Redeemable noncontrolling interest (2023 and 2022 include $243.3 million and $235.3 million related to consolidated variable interest entities)266.7262.0
Stockholders' equity  
Common stock, par value $0.01 per share; 2,500.0 million shares authorized; 491.8 million and 489.8 million shares issued as of 2023 and 2022; 242.0 million and 243.5 million shares outstanding as of 2023 and 20224.94.9
Additional paid-in capital10,831.910,740.4
Retained earnings16,629.916,697.3
Accumulated other comprehensive income (loss)(6,245.2)(6,879.0)
Treasury stock, at cost (249.8 million and 246.3 million shares as of 2023 and 2022)(10,877.0)(10,586.9)
Total stockholders' equity attributable to Principal Financial Group, Inc.10,344.59,976.7
Noncontrolling interest45.041.1
Total stockholders' equity10,389.510,017.8
Total liabilities and stockholders' equity$ 299,186.9$ 290,578.3
Daniel J. Houston
18600
Principal Financial Group, Inc. provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide. The company operates through Retirement and Income Solutions, Principal Global Investors, Principal International, and U.S. Insurance Solutions segments. The Retirement and Income Solutions segment provides a portfolio of asset accumulation products and services for retirement savings and income. It offers products and services for defined contribution plans, including 401(k) and 403(b) plans, defined benefit pension plans, nonqualified executive benefit plans, employee stock ownership plans, equity compensation, and pension risk transfer services; individual retirement accounts; investment only products; and mutual funds, individual variable annuities, and bank products. The Principal Global Investors segment provides equity, fixed income, real estate, and other alternative investments, as well as asset allocation, stable value management, and other structured investment strategies. The Principal International segment offers pension accumulation products and services, mutual funds, asset management, income annuities, and life insurance accumulation products, as well as voluntary savings plans in Brazil, Chile, Mexico, China, Hong Kong Special Administrative Region, India, and Southeast Asia. The U.S. Insurance Solutions segment provides specialty benefits, such as group dental and vision insurance, group life insurance, and group and individual disability insurance, as well as administers group dental, disability, and vision benefits; and individual life insurance products comprising universal, variable universal, indexed universal, and term life insurance products in the United States. It also offers insurance solutions for small and medium-sized businesses and their owners, as well as executives. Principal Financial Group, Inc. was founded in 1879 and is based in Des Moines, Iowa.