PFG Outperforms Industry, Hits 52-Week High: How to Play the Stock

Key Takeaways Principal Financial expects long-term revenue and margin growth across all segments. Strength in retirement, benefits, asset management and claims supports earnings gains. Capital returns remain strong with higher dividends, buybacks and ample excess capital. Principal Financial Group, Inc. (PFG) hit a 52-week high of $90.63 on Dec. 10. Shares closed at $90.23 after gaining 13.8% in the past year, outperforming the industry’s growth of 6.8% and the Finance sector’s return of 11.8%. It, however ...