September 22, 2025

Kingstone Capital Partners Acquires Stake in Principal Financial Group

News Summary

Kingstone Capital Partners Texas LLC has recently acquired a significant stake in Principal Financial Group, showcasing the growing interest of Texas investors in the financial sector. The acquisition highlights the strategic positioning of institutional investors, as other firms also ramp up their investment in Principal. Analysts are adjusting target prices for the company as it boasts impressive earnings and dividends, indicating a positive outlook for its future performance in asset management and retirement planning.

Texas — Kingstone Capital Partners Texas LLC recently acquired 43,187 shares of Principal Financial Group, Inc. during the second quarter, with a total value of approximately $3,269,000. This acquisition is a part of a larger trend of institutional investment activity in Principal Financial Group, which has seen increased interest from various investors.

Other firms have also made significant adjustments to their positions in Principal Financial Group. Tompkins Financial Corp acquired a new stake valued at about $55,000, while Blackhawk Capital Partners LLC bought a new stake worth approximately $281,000. SG Americas Securities LLC followed suit with a position valued at about $943,000. Additionally, Sumitomo Mitsui Trust Group Inc. raised its stake in Principal Financial by 2.6% in the first quarter, owning 526,649 shares worth $44,433,000.

Remarkably, Victory Capital Management Inc. lifted its holdings by an astounding 802.2% in the same period, now possessing 3,707,534 shares valued at $312,805,000. Overall, approximately 75.08% of Principal Financial Group’s stock is held by institutional investors and hedge funds.

In terms of stock performance, shares of Principal Financial Group opened at $81.71 following various analysts adjusting their price targets for the company. Barclays increased its target from $76.00 to $80.00 with an “underweight” rating. Conversely, UBS Group raised its price objective from $85.00 to $87.00 and rated the stock as “neutral.” Wells Fargo, on the other hand, reduced its target price from $73.00 to $72.00 while maintaining an “underweight” stance.

Meanwhile, Piper Sandler has increased its price target from $88.00 to $89.00 and rated the company as “overweight.” Morgan Stanley increased its price objective from $75.00 to $77.00, also maintaining an “underweight” rating. The consensus rating for Principal Financial Group is currently categorized as “Reduce,” with an average price target of $86.90.

The company has experienced fluctuations over the past 52 weeks, with a low of $68.39 and a high of $91.97. Its 50-day moving average price sits at $79.47, while the 200-day moving average is at $78.73. Principal Financial Group holds a market capitalization of $18.20 billion, with a price-to-earnings (P/E) ratio of 12.23 and a price-to-earnings-growth (PEG) ratio of 0.76.

Financial indicators illustrate the company’s solid performance as well. Principal Financial Group reported an earnings per share (EPS) of $2.16 for the quarter ending July 28, surpassing the consensus estimate of $1.97 by $0.19. This correlates with a net margin of 9.74% and a return on equity of 14.68%.

In addition, the company will pay a quarterly dividend of $0.78 on September 26, an increase from the previous dividend of $0.76, reflecting a 3.8% yield and a payout ratio of 62.78%.

Principal Financial Group is engaged in several sectors, specializing in retirement, asset management, and insurance solutions, catering to a wide range of clients. Analysts expect the company to post $8.50 EPS for the current year, indicating a robust outlook for its financial performance.

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