PFG Outperforms Industry YTD, Trades Above 50-Day SMA: What's Next?

Shares of Principal Financial Group, Inc. (PFG) have gained 1.9% in the year-to-date (YTD) period, outperforming the industry’s growth of 1.7% and the S&P 500 composite’s decline of 1.8%. It, however, underperformed the Finance sector’s return of 3.9% in the YTD period.This multi-line insurer has been trading above its 50-day simple moving average (SMA), signaling a short-term bullish trend. Its share price, as of May 27, 2025, was $78.89, down 14.2% from its 52-week high of $91.98.The 50-day SMA is a key i ...