9 Best Life Insurance Stocks to Buy Now

7. Principal Financial Group, Inc. (NASDAQ:PFG)

Number of Hedge Fund Holders: 34

Analysts’ Upside Potential as of December 4: 2.41%

Principal Financial Group, Inc. (NASDAQ:PFG) is among the Best Insurance Stocks.

Morgan Stanley increased its price objective for Principal Financial Group (NASDAQ:PFG) from $83 to $87 on November 17, 2025, while maintaining an Underweight rating, as reported by TheFly. The adjustment came after Q3 results and new insurance-sector models. The firm stated that the life insurance earnings were higher than share-price reactions suggested, while the property and liability market is likely to undergo a softening cycle by 2026.

Principal Financial Group, Inc. (NASDAQ:PFG)  offers an attractive long-term dividend growth potential with $1.8 trillion in assets under administration and a 16-year streak of dividend growth. The company expects 9-12% annual non-GAAP EPS growth, driven by strong Q3 2025 performance and cautious capital allocation. The management has expressed optimism in the $1.4-$1.7 billion capital return and full-year enterprise financial targets, which include $700 million to $1 billion in share repurchases.

Principal Financial Group, Inc. (NASDAQ:PFG), a financial services firm, has been in business for more than 145 years, employs close to 20,000 workers across 27 countries, and has extensive knowledge in 401(k)/403(b) administration, annuities, disability insurance, and retirement solutions. It continues to benefit from consistent growth in assets under management and a strong global clientele.