Principal Financial Group (NASDAQ:PFG) Sets New 1-Year High - Should You Buy?

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Principal Financial Group (NASDAQ:PFG) shares reached a new 52-week high of $98.44 but last traded at $97.8950, prompting consideration for potential investors. The company recently declared a quarterly dividend of $0.80 per share, yielding 3.3% annually, and has a consensus “Hold” rating from analysts with an average target price of $93.44. Insider selling has been noted, with CEO Deanna D. Strable-Soethout selling 9,300 shares, reducing her direct ownership.

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