Principal Financial Group stock trades at USD 113.92 after Q2 beat

Principal Financial Group stock stood at USD 113.92 on Nasdaq on September 23, 2026, giving the insurer and asset manager a market capitalization of USD 24.39 billion. The latest quarter delivered adjusted EPS of USD 2.50 against a USD 2.33 consensus estimate, while the company also raised its quarterly dividend to USD 0.84 per share.

Q2 earnings beat expectations

Second-quarter adjusted EPS exceeded consensus by USD 0.17, or 7.3 percent, according to MarketBeat. The comparison matters because the result came alongside revenue below the USD 4.11 billion consensus in the same quarter.

The earnings call transcript reported adjusted EPS growth of 17 percent year over year, net revenue growth of 6 percent and a 32 percent total company margin. The margin expanded by 200 basis points, giving investors a clearer measure of operating progress than the revenue line alone, according to Equibles.

Dividend rises to USD 0.84

Principal lifted the quarterly payout from USD 0.82 to USD 0.84 per share. The dividend is scheduled for payment on September 25, 2026, while the annualized payout is USD 3.36 per share, according to MarketBeat. That increase adds an income component to a quarter defined by earnings growth and margin expansion.

New platform adds strategic angle

On September 23, 2026, Principal Asset Management and Longevity Partners launched a real estate decarbonization platform. The initiative connects Principal's asset-management operations with sustainability services, creating a current strategic reference alongside the financial results, as reported by StockTitan.

Stock remains below yearly high

Principal Financial Group stock stood at USD 113.92 on Nasdaq on September 23, 2026, up USD 0.33, or 0.29 percent, from the prior session. Its 52-week range was USD 77.90 to USD 121.18, leaving the latest price USD 7.26 below the yearly high and keeping the earnings comparison central to the investor picture.