Principal Financial Group Shares Soar 0.68% to 2025 High

Principal Financial Group (PFG) shares rose to their highest level since May 2025 today, with an intraday gain of 0.68%.

Several factors have contributed to the recent fluctuations in Principal Financial Group's stock price. Analysts have made significant adjustments to their price targets for the company, reflecting a generally positive outlook. Keefe, Bruyette & Woods raised their price target for PFG from $87.00 to $90.00, maintaining a "market perform" rating. Similarly, JP Morgan increased their price target from $92.00 to $101.00, marking a substantial 9.78% increase. Argus also raised their target price to $86.00, further indicating bullish sentiment among analysts.

These adjustments in price targets suggest that analysts are optimistic about the company's future performance. The positive outlook is likely driven by recent improvements in the company's financial health and strategic initiatives. The stock's performance ahead of earnings has also been noteworthy, with shares increasing by 1.61% before the earnings release, further bolstering investor confidence.