Principal Financial (PFG) EVP Kenneth Mccullum Buys 73 Shares

Chief Risk Officer Joins Insider Buying Wave

Principal Financial Group, Inc. (NASDAQ: PFG) Chief Risk Officer Kenneth Mccullum acquired 73 shares of the company's stock on June 26, 2026. The transaction took place alongside acquisitions by several other corporate leaders. This cluster of insider buys represents a notable display of confidence from the management team, particularly given the timing ahead of the company's autumn financial reporting cycle.

Broad Leadership Participation in June Purchases

Kenneth Mccullum was not alone in his decision to add to his holdings. Six other company insiders executed stock purchases on June 26, 2026. Cheong Wee Yee, President of Asia & Middle East, purchased 368 shares, while Christopher Littlefield, President of Retirement and Income Solutions, bought 559 shares. Additional acquisitions came from board and executive team members Carter Miller Jocelyn, who purchased 669 shares; Jonathan Auerbach, who picked up 166 shares; Richer Clare Stack, who bought 142 shares; and Claudio Muruzabal, who added 100 shares. None of these transactions were noted as being conducted under a pre-arranged Rule 10b5-1 trading plan.

Principal Financial Group Stock Performance

On Tuesday, Principal Financial Group shares were trading around $107.78. This price level is positioned comfortably above the stock's 200-day moving average of $100.49, though it has pulled back slightly from its 50-day moving average of $113.39. Over the past year, the stock has traded between a low of $77.90 and a high of $121.18. The company has a price-to-earnings ratio of 16.57 and a forward P/E of 11.21, reflecting a valuation that is in line with historical industry norms.

Recent Earnings

Principal Financial Group reported total revenue of $15.69 billion for its most recent fiscal period, representing a revenue growth rate of 6.4%. The company achieved a return on equity of 12.95% and maintained a net profit margin of 9.93%. Earnings per share came in at $7.03. Looking forward, the company is scheduled to report its next quarterly financial results on October 26, 2026.

Dividend

Principal Financial Group pays an annual dividend of $3.36 per share, which currently translates to a dividend yield of 2.86%. The company maintains a healthy dividend payout ratio of 45.44%, indicating that it uses less than half of its earnings to support its ongoing dividend distributions to shareholders.

Analysts Set New Price Targets

Wall Street analysts have maintained a watchful eye on Principal Financial Group. On October 15, 2026, JP Morgan maintained a Neutral rating on the stock with a $106.00 price target. This followed a report on October 12, 2026, from Wells Fargo, which kept an Equal-Weight rating and a $113.00 price target. Keefe, Bruyette & Wood maintained a Market Perform rating with a $115.00 target on October 9, 2026, while Barclays kept an Underweight rating and an $86.00 target on October 7, 2026. Piper Sandler remains more optimistic, maintaining an Overweight rating with a $128.00 target on September 28, 2026. Overall, the consensus among 12 analysts is a Hold, with a mean price target of $111.83.

About Principal Financial Group

Principal Financial Group provides retirement, asset management, and insurance solutions to businesses, individuals, and institutions. Operating globally from its headquarters in Des Moines, Iowa, the firm helps clients plan and protect their financial futures. This insider buying group shows that the company's own leaders are personally committing resources to the stock as they execute on their long-term corporate strategy.

What to Watch at Principal Financial Group, Inc.

Investors will want to monitor whether this wave of insider buying precedes strong performance when Principal Financial Group reports its next earnings on October 26, 2026. While insider buying is often viewed positively by market observers, past filings do not guarantee future performance, and these transactions represent historical decisions from early summer.