Earnings Alerts

Principal Financial (PFG) Earnings: 2Q AUM Meets Estimates with $699.2 Billion Under Management

  • Principal Global Investors’ assets under management (AUM) totaled $513.2 billion.
  • This figure met the estimated AUM of $518.01 billion.
  • Principal Asset Management reported an AUM of $553.1 billion.
  • Total assets under management for Principal Financial Group (PFG) reached $699.2 billion.
  • Principal International’s AUM was $171.1 billion, slightly below the estimated $175.9 billion.
  • Investment recommendations included 1 buy, 12 holds, and 1 sell.

A look at Principal Financial Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth3
Resilience4
Momentum3
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Principal Financial Group, Inc. presents a mixed bag of Smart Scores as per the analysis by Smartkarma. With a solid Dividend score of 4 and Resilience score of 4, the company demonstrates strength in rewarding investors and withstanding market challenges. This indicates a stable income stream for investors and a certain level of protection during economic uncertainties. On the other hand, the Value, Growth, and Momentum scores standing at 3 each suggest moderate performance in terms of undervaluation, future growth potential, and market sentiment momentum.

Considering the company’s primary focus on providing financial products and services to a wide range of clients, including retirement solutions and insurance products, the outlook for Principal Financial appears cautiously optimistic for long-term investors. While not excelling in any particular factor, the combination of consistent dividends and resilience could offer a steady return on investment over time, balancing potential growth opportunities. Investors may find Principal Financial a reliable choice for a diversified and stable portfolio.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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