Company Principal Financial Group, Inc.

Equities

PFG

US74251V1026

Investment Management & Fund Operators

Market Closed - Nasdaq 04:30:00 2024-03-28 pm EDT 5-day change 1st Jan Change
86.31 USD +0.28% Intraday chart for Principal Financial Group, Inc. +2.15% +9.71%

Business Summary

Principal Financial Group, Inc. is one of the leading American financial services groups. Income (including intragroup) breaks down by activity as follows:

- pension fund management (45%);

- life and non life insurance (33%);

- asset management (12.6%).

The remaining sales (9.4%) are from international activities.

At the end of 2021, the group had USD 713.9 billion assets under management.

Number of employees: 19,800

Sales per Business

USD in Million2022Weight2023Weight Delta
Retirement and Income Solutions
53.1 %
5,975 34.2 % 7,250 53.1 % +21.34%
Benefits and Protection
33.3 %
4,315 24.7 % 4,551 33.3 % +5.48%
Principal Asset Management
20.4 %
- - 2,782 20.4 % -
Exceptional Items
-6.4 %
4,066 23.2 % -870 -6.4 % -121.39%
Reconciling Items
-0.9 %
-49 -0.3 % -125 -0.9 % +154.18%
Corporate Segment
0.6 %
-7 0.0 % 76 0.6 % -1,275.38%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
86.4 %
10,290 58.8 % 11,802 86.4 % +14.69%
Asia and Latin America
20.4 %
-- 2,782 20.4 % -
Exceptional Items
-6.4 %
4,066 23.2 % -870 -6.4 % -121.39%
Reconciling Items
-0.9 %
-49 -0.3 % -125 -0.9 % +154.18%
Global
0.6 %
1,709 9.8 % 76 0.6 % -95.53%

Managers

Managers TitleAgeSince
Chief Executive Officer 62 83-12-31
Director of Finance/CFO 56 14-12-31
Compliance Officer - 22-02-20
Compliance Officer - 04-12-31
Chief Tech/Sci/R&D Officer 61 20-04-30
Investor Relations Contact - 22-02-27
Corporate Officer/Principal 53 99-12-31
Corporate Officer/Principal - 20-11-29
Corporate Officer/Principal 60 15-03-31
Corporate Officer/Principal - 17-11-30

Members of the board

Members of the board TitleAgeSince
Director/Board Member 59 15-03-17
Director/Board Member 62 22-05-17
Director/Board Member 67 15-08-16
Chief Executive Officer 62 83-12-31
Director/Board Member 65 17-10-24
Director/Board Member 66 01-08-31
Director/Board Member 56 16-07-26
Director/Board Member 65 20-05-25
Director/Board Member 63 20-11-24
Director/Board Member 61 19-09-14

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 491,709,598 233,813,336 ( 47.55 %) 255,841,111 ( 52.03 %) 47.55 %

Shareholders

NameEquities%Valuation
Vanguard Fiduciary Trust Co.
12.13 %
28,605,879 12.13 % 2 313 M $
Nippon Life Insurance Co.
7.689 %
18,137,000 7.689 % 1 467 M $
BlackRock Advisors LLC
6.483 %
15,291,829 6.483 % 1 236 M $
Merrill Lynch International
4.499 %
10,611,360 4.499 % 858 M $
9,722,082 4.122 % 786 M $
Capital Research & Management Co. (Global Investors)
2.734 %
6,449,524 2.734 % 522 M $
Geode Capital Management LLC
2.197 %
5,182,829 2.197 % 419 M $
Wellington Management Co. LLP
1.852 %
4,369,010 1.852 % 353 M $
Dimensional Fund Advisors LP
1.643 %
3,875,462 1.643 % 313 M $
Eaton Vance Management
1.448 %
3,414,726 1.448 % 276 M $

Holdings

NameEquities%Valuation
12,510,515,396 97.97% 642,540,071 $
376,702 0.01% 11,707,830 $
88,242 0.02% 6,340,114 $
360,329 0.03% 3,853,319 $
1,756,000 0.01% 3,653,077 $
407,000 0.19% 3,315,536 $
294,323 0.05% 3,078,954 $
129,370 0.01% 2,783,628 $
106,563 0.04% 2,595,513 $
3,767,353 0.01% 2,219,310 $

Company contact information

Principal Financial Group, Inc.

711 High Street

50392, Des Moines

+515 247 5111

http://www.principal.com
address Principal Financial Group, Inc.(PFG)

Group companies

NameCategory and Sector
Principal Life Insurance Co. Separate Account B
Investment Trusts/Mutual Funds
Multi-Line Insurance
Investment Managers
Investment Managers
Principal Gbl. Inv. Fds. - Global Income
Investment Trusts/Mutual Funds
Principal Global Investors Funds - Asian High Yield Fund
Investment Trusts/Mutual Funds
Investment Managers
Investment Managers
Investment Managers