UP!
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Type
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Public |
|---|---|
| Traded as | NYSE: PFG S&P 500 Component |
| Industry | Insurance, Financial Services |
| Founded | 1879 |
| Founder | Edward Temple |
| Headquarters | 711 High St. Des Moines, IA, U.S. |
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Area served
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Global |
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Key people
|
Daniel Houston (CEO) |
| Products | The Principal is a global investment management leader offering retirement services, insurance solutions and asset management. |
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Operating income
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 US$1.1 Billion |
|
Net income
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US$ 879.7 million (2013) (available to common stockholders) |
| AUM | US$ 692.4 billion (2017) |
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Number of employees
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14,600 (March 2014) |
| Website | www |
The Principal Financial Group is a global financial investment management leader headquartered in Des Moines, Iowa.
The Principal Financial Group (Principal) offers businesses individuals and institutional clients a wide range of financial products and services including retirement, asset management and insurance, through its diverse family of financial services companies. Principal has offices in 18 countries throughout Asia, Australia, Europe, Latin America and North America. As of March 31, 2014, The Principal Financial Group had $496 billion in total assets under management and serves some 19.2 million customers worldwide.
In 2014, Principal was ranked 298th on Fortune magazine's list of the 500 largest U.S. corporations (May 2014). In 2013, Principal earned the top spot in its category for the second year in a row of Pensions & Investments' annual survey of "Best Places to Work" in Money Management. In 2013, Principal ranked 528th on the Forbes Global 2000 list, which recognizes the world's biggest and most powerful companies, as measured by a composite ranking for sales profits, assets and market value (as of April 2013).
Four segments comprise the company: Retirement and Income Solutions, Principal Global Investors, Principal International, and U.S. Insurance Solutions.
The company employs roughly 9,000 people in Des Moines, Iowa, and owns and operates several buildings in the downtown area. The tallest, known as 801 Grand, is 45 stories tall (192m/630 ft), and houses many other companies in addition to The Principal.
As of March 2014, Principal employed 14,600 employees worldwide, with its Global Delivery center, Principal Global Services, in Pune, Maharashtra, India.
Principal also has a lobbyist registered in the Iowa Legislature since 2016 December. He is designated to lobby the Executive Branch of the Government of Iowa.
Eddie was the lead and central character in the marketing campaign of the Principal Financial Group from 2005 to 2015. Eddie’s television and print ads often depicted him facing challenges and using the Principal Edge logo to solve his financial, business, and everyday life problems. Eddie retired in late 2015 in preparation for the company's new logo that debuted in 2016.
The Principal owns the naming rights to Principal Riverwalk, Principal Park and The Principal Charity Classic in Des Moines.
| Period | Date | Adjusted Actuals EPS | GAAP EPS |
|---|---|---|---|
| Q3 2022 | 2022-10-27 | Future report Set alerts | |
| Q2 2022 | 2022-08-08 | 1.65 | 1.65 |
| Q1 2022 | 2022-04-28 | 1.63 | 1.63 |
| Q4 2021 | 2022-02-07 | 1.85 | 1.85 |
| Q3 2021 | 2021-10-26 | 1.69 | 1.69 |
| Q2 2021 | 2021-07-27 | 1.70 | 1.70 |
| Q1 2021 | 2021-04-27 | 1.53 | 1.53 |
| Q4 2020 | 2021-01-28 | 1.48 | 1.48 |
| Q3 2020 | 2020-10-26 | 0.85 | 0.85 |
| Q2 2020 | 2020-07-27 | 1.46 | 1.46 |
| 2016-07-07 | Lower Price Target | Deutsche Bank AG | Hold | $46.00 to $43.00 |
| 2016-07-06 | Initiated Coverage | Evercore ISI | Buy | $48.00 |
| 2016-06-29 | Downgrade | Bank of America | Buy to Neutral | |
| 2016-06-29 | Downgrade | Bank of America Corp. | Buy to Neutral | |
| 2016-05-03 | Reiterated Rating | Deutsche Bank | Hold | |
| 2016-05-03 | Reiterated Rating | Deutsche Bank AG | Hold | |
| 2016-04-30 | Reiterated Rating | Morgan Stanley | Hold | |
| 2016-04-06 | Boost Price Target | Citigroup Inc. | Sell | $35.00 to $36.00 |
| 2016-03-15 | Reiterated Rating | Deutsche Bank | Hold | $43.00 |
| 2016-02-26 | Downgrade | Atlantic Securities | Overweight to Neutral | $50.00 to $41.00 |
| 2016-02-19 | Lower Price Target | Citigroup Inc. | $41.00 to $35.00 | |
| 2016-02-08 | Lower Price Target | Piper Jaffray | Neutral | $50.00 to $48.00 |
| 2016-02-08 | Lower Price Target | Piper Jaffray Cos. | Neutral | $50.00 to $48.00 |
| 2016-02-02 | Lower Price Target | JPMorgan Chase & Co. | Underweight | $52.00 to $46.00 |
| 2016-02-02 | Lower Price Target | Barclays | Equal Weight | $52.00 to $41.00 |
| 2016-02-02 | Reiterated Rating | Piper Jaffray | Neutral | $51.00 to $50.00 |
| 2016-02-02 | Lower Price Target | RBC Capital | Outperform | $59.00 to $52.00 |
| 2016-02-02 | Lower Price Target | Barclays PLC | Equal Weight | $52.00 to $41.00 |
| 2016-02-02 | Lower Price Target | Royal Bank Of Canada | Outperform | $59.00 to $52.00 |
| 2016-01-14 | Lower Price Target | Deutsche Bank | Hold | $52.00 to $45.00 |
| 2016-01-13 | Lower Price Target | Goldman Sachs | Sell | $46.00 to $41.00 |
| 2016-01-13 | Lower Price Target | Goldman Sachs Group Inc. | Sell | $46.00 to $41.00 |
| 2016-01-05 | Downgrade | Citigroup Inc. | Neutral to Sell | |
| 2015-12-08 | Reiterated Rating | Deutsche Bank | Hold | |
| 2015-12-04 | Reiterated Rating | Macquarie | Buy | $55.00 to $56.00 |
| 2015-11-15 | Reiterated Rating | Deutsche Bank | Hold | |
| 2015-10-26 | Boost Price Target | Raymond James | Outperform | $53.00 to $54.00 |
| 2015-10-26 | Boost Price Target | Raymond James Financial Inc. | Outperform | $53.00 to $54.00 |
| 2015-10-23 | Reiterated Rating | Macquarie | Buy | $55.00 |
| 2015-10-23 | Reiterated Rating | Barclays | Equal Weight | $54.00 to $52.00 |
| 2015-10-23 | Lower Price Target | RBC Capital | Outperform | $60.00 to $59.00 |
| 2015-10-12 | Reiterated Rating | Keefe, Bruyette & Woods | Hold | |
| 2015-09-10 | Downgrade | Goldman Sachs | Neutral to Sell | $50.00 |
| 2015-08-18 | Downgrade | Keefe, Bruyette & Woods | Outperform to Market Perform | $59.00 to $61.00 |
| 2015-07-07 | Boost Price Target | JPMorgan Chase & Co. | $48.00 to $52.00 | |
| 2015-06-01 | Initiated Coverage | Piper Jaffray | Neutral | $60.00 |
| 2015-05-15 | Initiated Coverage | Goldman Sachs | Neutral | $55.00 |
| 2015-05-13 | Reiterated Rating | Deutsche Bank | Hold | $55.00 |
| 2015-05-04 | Reiterated Rating | Deutsche Bank | Hold | $53.00 to $55.00 |
| 2015-01-30 | Lower Price Target | Morgan Stanley | $55.00 to $52.00 | |
| 2015-01-29 | Initiated Coverage | Jefferies Group | Buy | $58.00 |
| 2015-01-27 | Lower Price Target | Keefe, Bruyette & Woods | Outperform | $60.00 to $59.00 |
| 2015-01-14 | Upgrade | Raymond James | Market Perform to Outperform | $60.00 |
| 2015-01-08 | Boost Price Target | Barclays | Equal Weight | $52.00 to $54.00 |
| 2015-01-08 | Upgrade | Macquarie | Neutral to Outperform | |
| 2015-01-07 | Reiterated Rating | Deutsche Bank | Hold | $56.00 to $53.00 |
| 2014-12-15 | Boost Price Target | Keefe, Bruyette & Woods | Outperform | $58.00 to $60.00 |
| 2014-12-03 | Initiated Coverage | Atlantic Securities | Overweight | $60.00 |
| 2014-10-24 | Reiterated Rating | Credit Suisse | Neutral | $54.00 to $53.00 |
| 2014-10-24 | Reiterated Rating | Credit Suisse Group AG | Neutral | $54.00 to $53.00 |
| 2014-10-20 | Downgrade | Raymond James | Outperform to Market Perform | $58.00 |
| 2014-10-13 | Reiterated Rating | Sterne Agee CRT | Neutral | $56.00 to $58.00 |
| 2014-09-15 | Reiterated Rating | Citigroup Inc. | Neutral | $54.00 to $56.00 |
| 2014-08-28 | Initiated Coverage | Barclays | Equal Weight | |
| 2014-07-29 | Reiterated Rating | Deutsche Bank | Hold | $56.00 to $57.00 |
| 2014-07-25 | Set Price Target | Credit Suisse | Neutral | $50.00 to $54.00 |
| 2014-07-17 | Reiterated Rating | Sterne Agee CRT | Neutral | $55.00 to $56.00 |
| 2014-07-14 | Reiterated Rating | Deutsche Bank | Hold | $50.00 to $56.00 |
| 2014-07-09 | Reiterated Rating | Citigroup Inc. | Neutral | $52.00 to $54.00 |
| 2014-07-09 | Boost Price Target | Keefe, Bruyette & Woods | $55.00 to $58.00 | |
| 2014-07-01 | Reiterated Rating | JPMorgan Chase & Co. | Underweight | $44.00 to $48.00 |
| 2014-06-09 | Upgrade | Morgan Stanley | Underweight to Equal Weight | |
| 2014-04-28 | Upgrade | Sandler O'Neill | Hold to Buy | |
| 2014-04-25 | Reiterated Rating | JPMorgan Chase & Co. | Underweight | $44.00 |
| 2014-04-14 | Upgrade | Raymond James | Market Perform to Outperform | $51.00 |
| 2014-04-11 | Upgrade | Evercore ISI | Underweight to Equal Weight | $47.00 to $50.00 |
| 2014-02-28 | Upgrade | Keefe, Bruyette & Woods | Market Perform to Outperform | $54.00 to $56.00 |
| 2014-02-04 | Lower Price Target | Sterne Agee CRT | Neutral | $53.00 |
| 2014-01-13 | Downgrade | Macquarie | Outperform to Neutral | |
| 2014-01-09 | Boost Price Target | FBR & Co. | Market Perform | $46.00 to $53.00 |
| 2014-01-07 | Boost Price Target | Barclays | Equal Weight | $44.00 to $52.00 |
| 2013-11-22 | Downgrade | Scotiabank | Sector Perform to Underperform | $42.00 to $45.00 |
| 2013-11-15 | Reiterated Rating | Deutsche Bank | Hold | $50.00 to $52.00 |
| 2013-10-30 | Boost Price Target | Deutsche Bank | Hold | $43.00 to $50.00 |
| 2013-10-25 | Boost Price Target | RBC Capital | Outperform | $47.00 to $52.00 |
| 2013-10-25 | Boost Price Target | Credit Suisse | $41.00 to $45.00 | |
| 2013-10-21 | Reiterated Rating | Deutsche Bank | Hold | $43.00 |
| 2013-10-21 | Boost Price Target | Keefe, Bruyette & Woods | Market Perform | $45.00 to $49.00 |
| 2013-10-16 | Downgrade | Raymond James | Outperform to Market Perform | |
| 2013-09-16 | Reiterated Rating | Deutsche Bank | Hold | $43.00 |
| 2013-09-16 | Boost Price Target | RBC Capital | Outperform | $42.00 to $47.00 |
| 2010-11-08 | Reiterated | Deutsche Bank | Hold | $26 to $29 |
| 2010-08-03 | Reiterated | FBR Capital | Mkt Perform | $32 to $29 |
| 2016-07-07 | Lower Price Target | Deutsche Bank AG | Hold | $46.00 to $43.00 |
| 2016-07-06 | Initiated Coverage | Evercore ISI | Buy | $48.00 |
| 2016-06-29 | Downgrade | Bank of America | Buy to Neutral | |
| 2016-06-29 | Downgrade | Bank of America Corp. | Buy to Neutral | |
| 2016-05-03 | Reiterated Rating | Deutsche Bank | Hold |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In PFG 459 funds of 2213 total. Show all
| Fund name | Ticker shares |
|---|---|
| Vanguard Group, Inc | 28.47M |
| BlackRock Inc. | 21.85M |
| BANK OF AMERICA CORP /DE/ | 19.81M |
| NIPPON LIFE INSURANCE CO | 18.14M |
| STATE STREET CORP | 12.02M |
| Capital Research Global Investors | 10.15M |
| BlackRock Institutional Trust Company, N.A. | 7.71M |
| GEODE CAPITAL MANAGEMENT, LLC | 5.60M |
| BlackRock Fund Advisors | 5.31M |
| SCHWAB CHARLES INVESTMENT MANAGEMENT INC | 4.50M |
| WELLINGTON MANAGEMENT CO LLP | 4.32M |
| NORTHERN TRUST CORP | 4.00M |
| DIMENSIONAL FUND ADVISORS LP | 3.71M |
| MORGAN STANLEY | 2.70M |
| Invesco Ltd. | 2.60M |
| Name Relationship | Total Shares | Holding stocks |
|---|---|---|
| ZIMPLEMAN LARRY D Chairman, President & CEO | 0.09% (263514) | PFG / |
| MCCAUGHAN JAMES P President - Global Asset Mgmt. | 0.06% (188951) | PFG / |
| Houston Daniel Joseph Pres.-Ret., Ins. & Fin. Svcs. | 0.06% (179430) | PFG / |
| GELATT DANIEL | 0.04% (109991) | PFG / |
| Lillis Terrance J. Senior Vice President & CFO | 0.03% (99715) | PFG / |
| SHAFF KAREN E Exec. VP and General Counsel | 0.03% (76481) | PFG / |
| SCHOLTEN GARY P Sr VP & Ch Info Officer | 0.02% (69261) | PFG / |
| Valdes Luis E. President-Principal Internat\'l | 0.02% (61446) | PFG / |
| LAWLER JULIA M SVP & Chief Risk Officer | 0.02% (60819) | PFG / |
| Eucher Ralph Craig EVP | 0.02% (59916) | PFG / |
| Dunbar Timothy Mark SVP and Chief Investment Offic | 0.02% (49791) | PFG / |
| TALLETT ELIZEBETH E | 0.02% (48967) | MDP / PFG / WLP / |
| CARTER MILLER JOYCELYN | 0.02% (44563) | NTGR / PFG / |
| BERNARD BETSY J | 0.01% (43932) | PFG / ZMH / |
| HELTON SANDRA L | 0.01% (43391) | CVD / LXK / PFG / |
| STRABLE-SOETHOUT DEANNA D President - US Ins. Solutions | 0.01% (42675) | PFG / |
| DAN MICHAEL T | 0.01% (39636) | PFG / |
| COSTLEY GARY E | 0.01% (36997) | CVD / PBH / PFG / |
| KEYSER RICHARD L | 0.01% (36308) | PFG / ZBRA / |
| Everett Nora Mary President - RIS | 0.01% (36159) | PFG / |
| FERRO DENNIS H | 0.01% (27228) | PFG / |
| Friedrich Amy Christine President - USIS | 0.01% (24083) | PFG / |
| Elming Gregory Bernard SVP & Chief Risk Officer | 0.01% (20843) | PFG / |
UM