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Yahoo
a day ago
- Business
- Yahoo
How Is Principal Financial's Stock Performance Compared to Other Insurance Stocks?
Des Moines, Iowa-based Principal Financial Group, Inc. (PFG) provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide. With a market cap of $17 billion, the company operates through Retirement and Income Solutions, Principal Asset Management, and Benefits and Protection segments. Companies worth $10 billion or more are typically referred to as "large-cap stocks." PTC fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the asset management industry. PFG benefits from being a leader in global investment management and focusing on small and medium-sized businesses by offering a broad array of retirement and employee benefit solutions and individual insurance solutions. Is Palantir Stock Poised to Surge Amidst the Israel-Iran Conflict? 'It Has No Utility': Warren Buffett Doesn't Care How High Gold Goes, He Isn't a Buyer OpenAI CEO Sam Altman Says 'We Are Heading Towards a World Where AI Will Just Have Unbelievable Context on Your Life' Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! Despite its strengths, the stock has plunged 17.4% from its 52-week high of $91.97 touched on Oct. 17, 2024. Moreover, over the past three months, PFG stock has declined 8.7%, underperforming the iShares U.S. Insurance ETF's (IAK) 3% fall during the same time frame. PFG stock has declined 1.9% on a YTD basis, underperforming IAK's 3.7% rise in 2025. Moreover, PFG has declined 3.1% over the past 52 weeks, underperforming IAK's 15.4% surge. To confirm its downturn, PFG has been trading mostly below its 200-day moving average since early April and below its 50-day moving average since the last trading session. PFG stock grew 1.3% following the release of its Q1 earnings on Apr. 24. The financial services company posted adjusted revenue of $4.01 billion, beating Street forecasts. Additionally, its adjusted earnings for the quarter rose 9.7% year-over-year to $1.81 but failed to touch the consensus estimates by 2.2%. Its rival, Raymond James Financial, Inc. (RJF), has outperformed the stock over the past year, with its shares surging 24.7% over the past 52 weeks and declining 4.5% in 2025. Among the 14 analysts covering the PFG stock, the consensus rating is a 'Hold.' Its mean price target of $82.38 suggests a modest 8.4% upside potential from current price levels. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
14-06-2025
- Business
- Yahoo
Old Station Craft Meats a popular stop for Father's Day grilling
WAUKEE, Iowa — Father's Day weekend is not only bringing the heat with the weather, but also from the grill. Old Station Craft Meats in Waukee has been embracing the rush of customers. 'It's a busy weekend for us for sure. We're just trying to make sure that we're well stocked on all of our cuts. We sell a lot of beef for Father's Day,' owner of Old Station Craft Meats Nick Lenters said. There's few betters ways to celebrate a father, grandfather or father figure than grilling out. Whether you like beef, pork, chicken or something more unique, they've got it. But there's one clear favorite this weekend. Off the Cuff and dancing like no one's watching 'A lot of times this is the area that people are looking at when they're thinking about that steak for dad. We've got dry aged ribeyes, regular ribeyes, tomahawk steaks. We can cut a thick T-bone or a porter house for dad,' Lenters added. He and his brother Adam grew up on a farm with livestock, so now with the store, they want to make sure to source from local farmers as much as possible. 'I think what's special about our meat is that we're trying to get it either local or we're looking for the best quality meat,' he said. 'We have good relationships with our partners, whether it be Upper Iowa Beef in Lime Springs, Iowa or Berkwood Farms here in Des Moines.' They don't just sell meat at the store, they also want to teach their customers how to prepare and cook their meats as well. 'First and foremost is understanding where the meat that you're going to cook comes from off of the carcass, because depending on where it comes from, you're going to use a different cooking,' Lenters said. 'All of us back here have a passion for grilling and smoking. We've got all kinds of ideas for you.' Old Station Craft Meats is open Monday-Friday 8:30 a.m. – 6 p.m., Saturday 8:30 a.m. – 3 p.m., and closed Sunday. Metro News: Old Station Craft Meats a popular stop for Father's Day grilling Des Moines closing splash pads, some pools to reduce water consumption Death investigation underway in West Des Moines after body found in vehicle Former Ankeny teacher sentenced to prison for sexually exploiting student Iowa-based ice cream sandwich now available at Costco locations across Midwest Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
13-06-2025
- Climate
- Yahoo
Des Moines closing splash pads, some pools to reduce water consumption
DES MOINES, Iowa — The City of Des Moines announced Friday afternoon that it will be temporarily closing its splash pads and some pools to reduce water consumption. The announcement comes after Central Iowa Water Works implemented a first-ever ban on lawn watering Thursday to reduce the strain on water treatment facilities to remove near-record levels of nitrates in the Des Moines and Racoon rivers. Jefferson celebrates Great American Main Street Award Des Moines city officials said all spraygrounds, splash pools, and wading pools will be shut off beginning Friday. However, four of the city's pools and aquatic centers will remain open. Those locations include the Ashworth Swimming Pool, the Nahas Family Aquatic Center, the Northwest Family Aquatic Center, and the Teachout Family Aquatic Center. Birdland pool remains closed as the city works to install a new filter. According to CIWW, the lawn watering ban will be in effect for the foreseeable future until nitrate levels in the rivers decrease. As of Thursday, the nitrate levels in the Des Moines and Raccoon rivers were 17.3 mg/L and 15.4 mg/L, respectively. The last time nitrate levels in the rivers were that high was in 2013, when they reached over 14 mg/L in the Des Moines and 24 mg/L in the Raccoon. Metro News: Former Ankeny teacher sentenced to prison for sexually exploiting student Iowa-based ice cream sandwich now available at Costco locations across Midwest CIWW enacts ban on lawn watering as nitrate levels climb Brad Edwards joining WHO 13 as a contributor on July 1st Greg Edwards on making Des Moines a destination Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
13-06-2025
- Yahoo
Death investigation underway in West Des Moines after body found in vehicle
WEST DES MOINES, Iowa — Police in West Des Moines are investigating a death after a body was discovered in the parking lot of the Barnes & Noble store Friday morning. Sgt. Dan Wade of the West Des Moines Police Department said officers responded to 4550 University Avenue around 9:00 a.m. after receiving a call about a body in a vehicle. When officers arrived, they found an adult woman deceased in a car. Warren County barn fire claims life of 81-year-old man The cause of death is being investigated. The woman's name has not been released. Sgt. Wade said there's no indication of any threat to the public related to this incident. He also said it doesn't appear there is any indication of criminal activity linked to the death. Death investigation underway in West Des Moines after body found in vehicle Former Ankeny teacher sentenced to prison for sexually exploiting student Iowa-based ice cream sandwich now available at Costco locations across Midwest CIWW enacts ban on lawn watering as nitrate levels climb Brad Edwards joining WHO 13 as a contributor on July 1st Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
13-06-2025
- Yahoo
Former Ankeny teacher sentenced to prison for sexually exploiting student
DES MOINES, Iowa — A former Ankeny teacher was sentenced to prison on Thursday for sexually exploiting a student. In late January 2024, an investigation began into 35-year-old Rachel Elizabeth Whiteside, a former Ankeny middle school teacher and softball coach, when the Ankeny Police Department was notified by the school district about a teacher having an inappropriate relationship with a former student. According to the Polk County Attorney's Office, the victim reported that while she was a student at an Ankeny middle school in 2015, Whiteside began grooming and sexually assaulting her, and that the abuse spanned seven years. Des Moines man identified as body found in Newton home during search warrant execution Roughly a month after the APD received the tip, Whiteside was arrested and charged with multiple felonies, including four counts of sexual exploitation by a school employee. The attorney's office said Whiteside pled guilty to the four counts of sexual exploitation by a school employee charge. On Thursday, a Polk County Judge sentenced Whiteside to consecutive five-year sentences for each charge, meaning she will serve the sentences one after the other for up to 20 years in prison. Whiteside will also be supervised by the Department of Corrections for 10 years and will be listed on the sex offender registry. Metro News: Former Ankeny teacher sentenced to prison for sexually exploiting student Iowa-based ice cream sandwich now available at Costco locations across Midwest CIWW enacts ban on lawn watering as nitrate levels climb Brad Edwards joining WHO 13 as a contributor on July 1st Greg Edwards on making Des Moines a destination Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
