Deanna Strable-Soethout Sells Shares of Principal Financial Group
Deanna Strable-Soethout sold 30,708 shares of Principal Financial Group, Inc. on June 12, 2026.
Key Points
- Deanna Strable-Soethout sold 30,708 shares of Principal Financial Group, Inc. on June 12, 2026, valued at $3.40 million.
- Principal Financial Group has a market cap of $23.89 billion, a P/E ratio of 15.87, and trades near $111.12.
- Analysts maintain a 'hold' consensus with a mean price target of $101.50 based on 12 opinions.
On June 12, 2026, Deanna Strable-Soethout, the Chair, President, and CEO of Principal Financial Group, Inc., sold 30,708 shares of the company. The shares were sold at an average price of $110.59, amounting to a total value of about $3.40 million. This transaction wasn't part of a pre-arranged trading plan.
Principal Financial Group Stock Snapshot
Shares of NasdaqGS:PFG traded at approximately $111.12. Principal Financial Group, Inc. boasts a market capitalization of $23.89 billion and a P/E ratio of 15.87. The stock has a 52-week range between $75.00 and $112.07, with a 50-day moving average of $100.48 and a 200-day moving average of $90.26. The company's beta is 0.896, indicating lower volatility compared to the market.
Recent Earnings
Principal Financial Group reported revenues of $15.46 billion, with a slight decline in revenue growth of 4.5%. The company's net margin stands at 10.1%, and its return on equity is 13.39%. The next earnings report is expected on July 27, 2026.
Dividend
Principal Financial Group offers an annual dividend rate of $3.28, yielding about 2.97%. The dividend payout ratio is 44.91%.
Insider Buying and Selling at Principal Financial Group, Inc.
On June 12, 2026, Deanna Strable-Soethout executed multiple transactions. She sold 30,708 shares at an average price of $110.59. Earlier, on June 11, 2026, Strable-Soethout purchased 19,767 shares at $110.06.
Analysts Set New Price Targets
On May 21, 2026, Morgan Stanley maintained its 'hold' rating with a price target of $107.00. Raymond James downgraded the stock to 'buy' with a target of $111.00 on May 19, 2026. The consensus recommendation remains 'hold', with a mean target price of $101.50 based on 12 analyst opinions.
About Principal Financial Group
Principal Financial Group, Inc. is a financial services company based in Des Moines, Iowa. It provides retirement, asset management, and insurance products and services to a wide range of clients, including businesses and individuals. The company operates through several segments, including Retirement and Income Solutions, Principal Asset Management, and Benefits and Protection.
Bottom Line
Deanna Strable-Soethout's recent sale of Principal Financial Group shares is a notable transaction for investors to monitor. With a market cap of nearly $24 billion and a broad suite of financial services, Principal remains a key player in the asset management industry. The stock's current trading price and analyst ratings suggest a cautious outlook, emphasizing the importance of keeping an eye on future earnings announcements and market conditions.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.