Stocks · News reference
Filed: 2026-07-27 AccNo: 0001104659-26-087091 Size: 491 KB Item 2.02: Results of Operations and Financial Condition Item 9.01: Financial Statements and Exhibits
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
Principal Financial rallied 6.5% to close at $118.51 on higher trading volume. The company is expected to report quarterly earnings of $2.53 per share (+20.5% YoY) and revenues of $4.29 billion (+10.2% YoY). However, consensus EPS estimates have been revised marginally lower over the past 30 days, and the stock carries a Zacks Rank #3 (Hold) rating, suggesting the recent strength may not be sustainable.
U.S. stocks rose Thursday; Summit Therapeutics jumped 10.1% after Phase III results, while Snowflake and other stocks rallied.
Principal Financial Group is expanding its Featured Partner Program to integrate private-market investment strategies into defined-contribution retirement plans through collective investment trusts. The expansion partners with major asset managers including Blackstone, Apollo, KKR, and others to offer plan sponsors diversified investment options, potentially driving asset growth and fee opportunities for PFG's Retirement and Income Solutions business.
JP Morgan analyst Pablo Singzon maintains Principal Financial Group (NASDAQ:PFG) with a Neutral and raises the price target from $106 to $107.