Principal Financial Group Inc. Reduces Stake in On Holding AG $ONON
Principal Financial Group Inc. significantly reduced its stake in On Holding AG (NYSE:ONON) by 96.4% in the third quarter, now holding 6,548 shares valued at $277,000. Despite this reduction, other institutional investors have reshuffled their positions, with overall institutional ownership at 36.39%. On Holding AG currently has a market capitalization of $31.01 billion, a P/E ratio of 64.13, and analysts maintain a "Moderate Buy" rating with a consensus target price of $59.86.
Principal Financial Group Inc. Has $207,000 Stake in Warby Parker Inc. $WRBY
Principal Financial Group Inc. significantly reduced its stake in Warby Parker Inc. (NYSE:WRBY) by 92.9% in Q3, now holding 7,523 shares valued at approximately $207,000. Despite recent insider selling, including a large transaction by CEO Neil Blumenthal, insiders still retain 18.24% ownership. Wall Street analysts currently give Warby Parker a "Moderate Buy" consensus rating with a target price of $27.83.
Principal Financial Group Inc. Has $153,000 Stock Position in AvePoint, Inc. $AVPT
Principal Financial Group Inc. significantly reduced its stake in AvePoint, Inc. (NASDAQ:AVPT) by 96.5% in the third quarter, now holding 10,177 shares valued at $153,000. Other institutional investors showed mixed activity in AvePoint stock, while company insiders own 26.19% of the shares. The stock has a "Moderate Buy" consensus rating from analysts with an average price target of $18.21, despite recent price target adjustments.
Principal Financial Group Inc. Sells 172,736 Shares of Eastern Bankshares, Inc. $EBC
Principal Financial Group Inc. significantly reduced its stake in Eastern Bankshares, Inc. by 92.6% in the third quarter, selling 172,736 shares and retaining 13,730 shares. Insider selling has also been prevalent, with directors and officers offloading 354,027 shares in the past three months. Despite this, analysts maintain a "Moderate Buy" consensus rating for Eastern Bankshares, with an average target price of $22.13.
Principal Financial Group Inc. Decreases Holdings in Primo Brands Corporation $PRMB
Principal Financial Group Inc. significantly reduced its stake in Primo Brands Corporation, selling 92.7% of its holdings in Q3, retaining 9,783 shares valued at $216,000. Other institutional investors showed mixed activity in the stock. Primo Brands recently announced an increased quarterly dividend to $0.12 per share and approved a $50 million share buyback program.
Principal Financial Group Inc. stock outperforms competitors on strong trading day
Shares of Principal Financial Group Inc. (PFG) rose 3.92% to $95.76 on Friday, outperforming competitors during a strong trading session for the broader stock market. The S&P 500 Index and Dow Jones Industrial Average also saw gains. The company's stock closed 2.17% below its 52-week high achieved on February 6th.
Skandinaviska Enskilda Banken AB publ Reduces Position in Brown & Brown, Inc. $BRO
Skandinaviska Enskilda Banken AB publ significantly reduced its stake in Brown & Brown, Inc. by 26.1% in Q3, selling 25,793 shares, while other major institutions like Vanguard and Principal Financial Group increased their positions. Despite Skandinaviska Enskilda Banken's reduction, institutional investors collectively own about 71.01% of the company's stock. Brown & Brown performed well in earnings per share but missed revenue expectations; the stock maintains a consensus "Hold" rating from analysts with an average price target of $90.36.
Principal Financial Group Inc. Invests $608,000 in National Energy Services Reunited $NESR
Principal Financial Group Inc. has initiated a new position in National Energy Services Reunited (NESR), purchasing 59,257 shares valued at $608,000. This investment contributes to institutional ownership of approximately 15.55% of the company. NESR holds a "Moderate Buy" consensus rating from analysts with an average price target of $26.00, and recently surpassed earnings expectations with $0.32 EPS against a $0.25 forecast, and revenue of $398.3 million.
Revolution Medicines, Inc. $RVMD Stock Position Decreased by Principal Financial Group Inc.
Principal Financial Group Inc. significantly reduced its stake in Revolution Medicines (NASDAQ:RVMD) by 90.8% in Q3, selling 63,050 shares and retaining 6,395 shares. Despite this reduction, other institutional investors increased their holdings, and company insiders sold off over $15 million in shares. Analysts maintain an average "Buy" rating for RVMD, which specializes in therapies for RAS-dependent cancers, with a consensus target price of $78.94.
Principal Financial Group Inc. Sells 301,399 Shares of STMicroelectronics N.V. $STM
Principal Financial Group Inc. significantly reduced its stake in STMicroelectronics N.V. by selling 301,399 shares, representing a 95% trim, and currently holds 15,708 shares valued at $444,000. STMicroelectronics missed Q3 EPS expectations, reporting $0.11 instead of $0.27, and shows low profitability with a 1.41% net margin. The stock trades at $33 with a high P/E ratio of 184.6, and analysts maintain a consensus "Hold" rating with an average price target of $31.93.
BNP PARIBAS ASSET MANAGEMENT Holding S.A. Has $4.99 Million Holdings in Yum China $YUMC
BNP PARIBAS ASSET MANAGEMENT Holding S.A. significantly reduced its stake in Yum China (NYSE:YUMC) by 46.0% in the third quarter, now holding shares valued at $4.99 million. Despite this, several other institutional investors, including JPMorgan Chase & Co. and Vanguard Group Inc., increased their holdings in the company. Yum China has also announced a stock repurchase plan of $1.00 billion and increased its quarterly dividend.
Principal Financial Group Inc. Trims Stake in Esperion Therapeutics, Inc. $ESPR
Principal Financial Group Inc. significantly reduced its stake in Esperion Therapeutics, Inc. (NASDAQ:ESPR) by 51.7% during the third quarter, now owning 190,056 shares valued at $504,000. This move comes as other institutional investors have modified their positions, with insider Benjamin Halladay also selling shares. Esperion Therapeutics' stock is currently trading down 1.4% and has received mixed ratings from analysts, with a consensus of "Moderate Buy" and an average target price of $8.00.
Maria Eugenia Norambuena: Building a Culture of Consideration
Maria Eugenia Norambuena, a Chief Operating Officer and Managing Director at Principal Chile, shares her journey and experiences as a woman in a leadership role, highlighting Principal's supportive culture. She emphasizes the importance of independence and a strong work ethic, values instilled by her parents. Norambuena advocates for inclusive support, involving men in conversations about work-life balance to create a more equitable environment for all.
How Principal’s Higher Dividend and US$1.5 Billion Buybacks Will Impact Principal Financial Group (PFG) Investors
Principal Financial Group (PFG) announced an increased first-quarter 2026 cash dividend of US$0.80 per share and completed US$1.50 billion in share repurchases. These capital returns come despite a reported decrease in full-year 2025 revenue and net income compared to the previous year. Investors face a trade-off between immediate capital returns and the longer-term outlook influenced by fee pressures and asset flows.
Expeditors Rose 25% in the Last 6 Months. Here’s Where the Stock Could Go in 2026
Expeditors International of Washington (EXPD) stock has risen 25% in the last six months due to stabilizing global freight conditions and improving shipment visibility. Despite this rally, the stock recently experienced a 7.2% intraday drop after Q3 institutional filings showed some large asset managers trimming their positions, though overall institutional ownership remains high. A valuation model suggests limited upside for EXPD by 2026, estimating a target price of $154.98, implying the stock is modestly overvalued under conservative assumptions.
Principal Financial Group Inc. Takes $1.10 Million Position in Patria Investments Limited $PAX
Principal Financial Group Inc. acquired a new position in Patria Investments Limited (NYSE: PAX) during the third quarter, purchasing 75,625 shares valued at approximately $1.10 million. The alternative asset management firm currently holds a "Strong Buy" consensus rating from analysts with a price target of $20.00 and recently declared a quarterly dividend of $0.15 per share.
8,260 Shares in Nexstar Media Group, Inc. $NXST Acquired by First National Bank of Omaha
First National Bank of Omaha has acquired 8,260 shares of Nexstar Media Group (NASDAQ:NXST) in the third quarter, valued at approximately $1.63 million, marking a new position for the bank. Other institutional investors like AQR Capital Management, JPMorgan Chase & Co., Norges Bank, and Principal Financial Group Inc. also significantly increased their holdings or established new stakes, bringing institutional ownership to 95.30%. Nexstar Media Group recently announced a quarterly dividend of $1.86 per share, offering an annualized yield of 3.1%.
How Principal’s Higher Dividend and US$1.5 Billion Buybacks Will Impact Principal Financial Group (PFG) Investors
Principal Financial Group (PFG) announced a higher quarterly cash dividend of US$0.80 per share and completed US$1.5 billion in share buybacks, despite reporting lower full-year 2025 revenue and net income. This capital return strategy is part of their broader approach, but investors should consider the tension between softer earnings and the need for growth in assets under management. The article highlights different analyst views and encourages investors to conduct their own due diligence to form a verdict on the company's investment narrative.
Principal Financial Group Inc. Decreases Stock Holdings in Mesa Laboratories, Inc. $MLAB
Principal Financial Group Inc. significantly reduced its stake in Mesa Laboratories, Inc. (NASDAQ:MLAB) by 66.2% in the third quarter, selling 19,713 shares and now owning 10,065 shares worth $674,000. Despite this reduction from one institution, other funds like Select Equity Group and Gabelli Funds increased their positions, showing mixed institutional sentiment. The article also provides a comprehensive financial overview of Mesa Laboratories, including its price performance, recent earnings exceeding consensus, upcoming dividend, and analyst ratings which project future growth with an average "Reduce" rating.
45,205 Shares in Stoke Therapeutics, Inc. $STOK Acquired by Principal Financial Group Inc.
Principal Financial Group Inc. recently acquired a new position of 45,205 shares in Stoke Therapeutics, Inc. (NASDAQ:STOK) during the third quarter, valued at approximately $1,062,000. Other institutional investors have also adjusted their holdings in STOK, with several increasing their stakes. The article also details recent analyst ratings which generally recommend a "Buy" or "Moderate Buy" for the stock, and reports on insider selling activity by a director and general counsel of Stoke Therapeutics.
Principal Financial Group Inc. Acquires Shares of 187,121 Cantaloupe, Inc. $CTLP
Principal Financial Group Inc. recently acquired 187,121 shares of Cantaloupe, Inc. (NASDAQ:CTLP), valued at approximately $1.98 million, representing a 0.25% ownership stake. This move highlights increased institutional interest in Cantaloupe, with hedge funds and institutional investors now owning 75.75% of the stock, despite the company missing its recent quarterly earnings estimates. Analysts currently hold a consensus "Hold" rating on CTLP with a target price of $12.73.
PRINCIPAL FINANCIAL GROUP INC SEC 10-K Report
Principal Financial Group Inc. (PFG) has released its annual 10-K report, revealing a decrease in total revenue and net income for the fiscal year, attributed to factors like lower premiums and changes in fair value of derivatives. The report details the financial services company's performance across segments like Retirement and Income Solutions, Principal Asset Management, and Benefits and Protection, highlighting strategic initiatives such as the sale of its Chilean annuities business and share repurchase programs, alongside challenges including competition and market risks.
Women in Tech at Principal®: Modernizing the Way We Work
The article features Beth, an AVP of Technology at Principal Financial Group, discussing her role in modernizing technology and business processes. She highlights Principal's efforts to create a more gender-inclusive workforce in the male-dominated tech field and shares her experiences with work-life balance as a mother of two. Beth also emphasizes the importance of female leadership and her commitment to coaching and supporting other women in pursuing their career aspirations in technology.
First National Bank of Omaha Purchases Shares of 35,814 Icon Plc $ICLR
First National Bank of Omaha has acquired 35,814 shares of Icon Plc (ICLR) in Q3, valued at approximately $6.27 million, indicating a new stake in the medical research company. Other institutional investors like Artisan Partners and Principal Financial Group also significantly increased their holdings, leading to 95.61% institutional ownership of Icon Plc. Despite a consensus "Hold" rating from analysts with an average price target of $164.33, the stock's performance shows recent volatility, opening at $88.62 with a 12-month high of $211.00.
Principal Financial Group Inc. Buys 43,113 Shares of Heritage Insurance Holdings, Inc. $HRTG
Principal Financial Group Inc. increased its stake in Heritage Insurance Holdings, Inc. by 201.7% in Q3, acquiring 43,113 shares to own 64,490 shares valued at $1.62 million. Other institutional investors also significantly increased their positions, resulting in institutional ownership of 59.03%. While analysts rate HRTG a "Moderate Buy" with an average target price of $32.50, company insiders have sold approximately 48,333 shares in the last 90 days.
Principal Financial Group Inc. Purchases New Shares in LendingClub Corporation $LC
Principal Financial Group Inc. has acquired a new position of 109,065 shares in LendingClub Corporation (NYSE:LC), valued at approximately $1.657 million. LendingClub surpassed its Q3 earnings expectations, reporting an EPS of $0.35 and revenue of $266.47 million, while also authorizing a $100 million share buyback program. Analysts currently maintain a "Moderate Buy" consensus rating for LendingClub, with an average price target of $22.00, suggesting potential upside from its recent trading price of $15.51.
RLJ Lodging Trust $RLJ Holdings Lifted by Principal Financial Group Inc.
Principal Financial Group significantly increased its stake in RLJ Lodging Trust, acquiring an additional 191,377 shares to own 201,603 shares worth $1.45 million. While RLJ Lodging offers a 7.2% dividend yield, its 1,200% payout ratio raises concerns about sustainability. The stock trades around $8.29, and analysts have a mixed "Hold" consensus rating with an average $8.64 price target, indicating cautious optimism.
Principal Financial Group Inc. Invests $1.69 Million in Garrett Motion Inc. $GTX
Principal Financial Group Inc. recently acquired a new stake of 123,823 shares in Garrett Motion Inc. (NYSE:GTX), valued at approximately $1.69 million, representing 0.06% of the company. Garrett Motion's Board of Directors authorized a $250 million stock buyback plan, signaling management's belief that the stock is undervalued. Analyst sentiment is mixed-to-positive with an average "Moderate Buy" rating and a target price of $18.80.
Brookdale Senior Living Inc. $BKD Shares Purchased by Principal Financial Group Inc.
Principal Financial Group Inc. significantly increased its stake in Brookdale Senior Living Inc. (NYSE:BKD) by 987.8% during the third quarter, acquiring an additional 161,263 shares to own a total of 177,589 shares, valued at approximately $1.50 million. This move comes as several analysts have raised their ratings and price targets for BKD, contributing to a "Moderate Buy" consensus. The stock has been trading near its 1-year high, reflecting improved market sentiment.
Principal Financial Group Inc. Boosts Stock Position in Petroleo Brasileiro S.A.- Petrobras $PBR
Principal Financial Group Inc. significantly increased its stake in Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) by 247.1% during the third quarter, now owning 116,730 shares. Other institutional investors also adjusted their positions in the oil and gas exploration company. Petroleo Brasileiro S.A.- Petrobras stock opened at $15.02, has a market cap of $96.79 billion, and recently announced a special dividend of $0.0658 per share.
Principal Financial Group Inc. Buys Shares of 56,468 WhiteFiber, Inc. $WYFI
Principal Financial Group Inc. recently acquired 56,468 shares of WhiteFiber, Inc. (NASDAQ:WYFI) in the third quarter, a new position valued at approximately $1,534,000. This makes Principal Financial Group Inc. the owner of 0.15% of WhiteFiber's stock. The article also notes that multiple analysts have issued "Buy" ratings for WhiteFiber, with a consensus target price of $36.22.
Principal Financial Group Inc. Has $1.36 Million Position in Cenovus Energy Inc $CVE
Principal Financial Group Inc. significantly increased its stake in Cenovus Energy Inc. by 253.4% in the third quarter, bringing its total holdings to $1.36 million. This move is part of a broader trend where several institutional investors have adjusted their positions in the oil and gas company. Cenovus Energy currently holds a "Moderate Buy" rating from analysts with an average price target of $27.67, and its stock performance shows a 50-day simple moving average of $18.36 and a two-hundred day simple moving average of $17.43.
Principal Financial Group Inc. Sells 111,997 Shares of Shoals Technologies Group, Inc. $SHLS
Principal Financial Group Inc. significantly reduced its stake in Shoals Technologies Group, Inc. (NASDAQ:SHLS) by selling 111,997 shares, decreasing its holdings by 30.3% in the third quarter. Despite this, several other institutional investors either increased their positions or initiated new stakes in the company. Analysts maintain a "Moderate Buy" rating for SHLS with a consensus target price of $9.40, while company insider Dominic Bardos also sold a portion of his shares.
Southern Copper Corporation $SCCO Position Increased by Principal Financial Group Inc.
Principal Financial Group Inc. recently increased its stake in Southern Copper Corporation (NYSE:SCCO) by 159.8% in the third quarter, now owning 10,308 shares valued at $1,251,000. Other institutional investors also adjusted their positions, while company insiders made significant sales. Analysts have a "Reduce" consensus rating for SCCO with an average price target of $136.49, despite the company announcing an increase in its quarterly dividend to $1.00 per share.
Principal Financial Group Inc. Buys Shares of 16,172 Power Solutions International, Inc. $PSIX
Principal Financial Group Inc. has acquired a new position of 16,172 shares in Power Solutions International, Inc. (NASDAQ:PSIX) during the third quarter, valued at approximately $1,588,000. Other institutional investors like Goldman Sachs Group Inc. and Acadian Asset Management LLC have also adjusted their holdings in the company. Power Solutions International currently holds a "Moderate Buy" rating from analysts with a consensus price target of $101.51.
Principal Financial Group Inc. Reduces Holdings in Caleres, Inc. $CAL
Principal Financial Group Inc. significantly reduced its stake in Caleres, Inc. (NYSE:CAL) by 88.9% in the third quarter, selling over 1.3 million shares. Despite this, other institutional investors either acquired new positions or increased their holdings in Caleres. Analysts currently have a "Sell" consensus rating for Caleres with a price target of $14.00, and the company recently announced a quarterly dividend of $0.07.
Principal Financial Group Inc. Has $2.08 Million Stock Holdings in Amicus Therapeutics, Inc. $FOLD
Principal Financial Group Inc. significantly increased its stake in Amicus Therapeutics by 1,229.5% during the third quarter, bringing its total holdings to 263,325 shares valued at approximately $2.08 million. This increase occurred despite company insiders being net sellers of the stock, with the CEO selling 75,000 shares for $1.07 million and overall insider sales totaling 394,807 shares worth $4.49 million in the last 90 days. Analysts maintain a consensus "Hold" rating for Amicus Therapeutics with an average price target of $15.55.
Principal Financial Group Inc. Makes New Investment in Applied Optoelectronics, Inc. $AAOI
Principal Financial Group Inc. has acquired a new stake of 49,342 shares in Applied Optoelectronics (NASDAQ: AAOI) during the third quarter, valued at approximately $1.28 million, representing 0.08% of the company. This investment comes amidst recent insider selling and a "Hold" consensus rating from analysts, with a target price of $35.60. The semiconductor company's stock has shown significant volatility, trading with a market cap of $3.00 billion and a negative P/E ratio.
Principal Financial Group Inc. Invests $2.20 Million in Astronics Corporation $ATRO
Principal Financial Group Inc. has invested $2.20 million in Astronics Corporation, acquiring a new stake of 48,314 shares during the third quarter. This move highlights increased institutional interest, with hedge funds and other institutional investors now owning 56.68% of the company. Despite mixed analyst ratings and a high debt-to-equity ratio, the stock has shown significant price performance, and analysts currently hold a "Buy" consensus with an average price target of $66.67.
F&G Annuities & Life Earnings: What To Look For From FG
F&G Annuities & Life (NYSE:FG) is set to report earnings after market hours on Thursday. Analysts expect a 2.9% year-on-year revenue decline to $1.55 billion and adjusted earnings of $1.20 per share. Despite mixed past performance against revenue estimates, current analyst sentiment is positive, with an average price target of $32 against a current share price of $28.57.
Liberty Media Corporation - Liberty Live Series A (NASDAQ:LLYVA) Major Shareholder Berkshire Hathaway Inc Sells 20,226 Shares
Berkshire Hathaway Inc., a major shareholder in Liberty Media Corporation - Liberty Live Series A (NASDAQ:LLYVA), sold 20,226 shares on January 6th, among other sales between January 6th and 16th, totaling roughly 330,518 shares for about $27.4 million. Despite these sales, Berkshire Hathaway still retains a significant stake of 10.6-10.9 million shares, valued near $900 million. The stock is currently trading at $91.79, above its 50- and 200-day moving averages, with analysts maintaining a "Reduce" or "Sell" rating.
OLB surges on PayPal partnership news, with micro-cap volatility amplifying the move
The OLB Group, Inc. (OLB) experienced a significant 117.8% surge due to announcing a global partnership with PayPal to integrate payment options into its commerce platforms. This substantial price movement in the micro-cap stock is amplified by its low liquidity and speculative momentum surrounding a planned spin-off of its DMint subsidiary, coupled with a previous Nasdaq notice regarding its minimum bid requirement.
Zweig DiMenna Associates LLC Purchases New Holdings in WhiteFiber, Inc. $WYFI
Zweig DiMenna Associates LLC has acquired a new position of 191,900 shares in WhiteFiber, Inc. (NASDAQ:WYFI) during the third quarter, valued at approximately $5.21 million. This investment represents about 0.51% of WhiteFiber, and other institutional investors like JPMorgan Chase and Principal Financial also initiated or increased their holdings. WhiteFiber shares opened up 6.8% at $19.42, with a market cap near $743 million, and analysts maintain a "Moderate Buy" rating with a consensus price target of $36.30.
Principal Financial Group Inc. Sells 45,114 Shares of Alnylam Pharmaceuticals, Inc. $ALNY
Principal Financial Group Inc. has significantly reduced its stake in Alnylam Pharmaceuticals, Inc., selling 45,114 shares, which diminished their holdings by 89.3%. Despite Alnylam missing earnings and revenue estimates in its most recent quarter, analysts maintain a "Moderate Buy" rating with a consensus target price of $477.38. This comes amidst considerable insider selling, with CEO Yvonne Greenstreet and EVP Tolga Tanguler selling shares worth millions.
Principal Financial Group Inc. Has $2.56 Million Position in Hippo Holdings Inc. $HIPO
Principal Financial Group Inc. significantly increased its stake in Hippo Holdings Inc. by 149.6% in the third quarter, bringing its total holding to 70,791 shares valued at $2.56 million. Despite some recent insider selling by the CEO and other insiders, institutional ownership stands at 43.01%. Analysts currently have a "Moderate Buy" rating for Hippo, with a consensus target price of $37.50 against its current trading price of approximately $28.30.
Eagle Bancorp, Inc. $EGBN Shares Sold by Principal Financial Group Inc.
Principal Financial Group Inc. reduced its stake in Eagle Bancorp (NASDAQ:EGBN) by 32.6% in the third quarter, selling 64,598 shares but still owning 133,514 shares valued at $2.7 million. Despite beating earnings and revenue estimates, Eagle Bancorp exhibits weak profitability with negative ROE and net margin, and analysts have a "Hold" rating with an average price target below the current trading price. The company recently paid a quarterly dividend of $0.01 per share, and institutional investors own 78.03% of the stock.
Principal Financial Group Inc. Has $3.49 Million Stake in Suzano S.A. Sponsored ADR $SUZ
Principal Financial Group Inc. significantly increased its stake in Suzano S.A. Sponsored ADR (NYSE:SUZ) by 274.1%, now holding 371,468 shares worth approximately $3.49 million. This increase comes as Suzano reported strong Q3 earnings, beating analyst expectations, and paid a special dividend. Wall Street analysts maintain a "Buy" rating for Suzano with an average price target of $13.40.
Principal Financial Group Inc. Has $3.56 Million Stake in Dutch Bros Inc. $BROS
Principal Financial Group Inc. has reduced its stake in Dutch Bros Inc. (NYSE:BROS) by 32.5% in the third quarter, now holding 68,056 shares valued at $3.56 million. This comes despite Dutch Bros beating earnings expectations and analysts rating the stock as a "Moderate Buy" with a consensus target of $77.05. However, there has been significant insider selling, including Chairman Travis Boersma offloading a large number of shares, though insiders still own a substantial portion of the company.
Principal Financial Group Inc. Has $2.64 Million Holdings in Solaris Energy Infrastructure, Inc. $SEI
Principal Financial Group Inc. reduced its stake in Solaris Energy Infrastructure, Inc. by 25.1%, now holding 66,032 shares valued at approximately $2.64 million. Solaris Energy Infrastructure's stock recently jumped 10.4%, trading at $56.80 with a market capitalization of $3.89 billion. Insider activity shows mixed signals, with one director buying shares and another selling, while analysts generally maintain a "Moderate Buy" consensus with an average target price of $56.10.
Principal Financial Group Inc. Invests $3.18 Million in REV Group, Inc. $REVG
Principal Financial Group Inc. has acquired a new stake in REV Group, Inc. (NYSE:REVG), purchasing 56,038 shares valued at approximately $3.18 million. This acquisition represents about 0.11% ownership of REV Group. The investment comes as REV Group reported strong quarterly earnings, beating analyst estimates with $0.83 EPS and $664.4 million in revenue, an 11.1% increase year-over-year.
