Michael Pedraja Purchases 2,000 Shares of Employers (NYSE:EIG) Stock

February 25, 2026 by InsiderTrades.com

Key Points

Michael Pedraja, Employers' EVP, purchased 2,000 shares at an average price of $39.73 on Feb 24, raising his stake 11.22% to 19,830 shares valued at about $787,846, per an SEC filing.
The company beat EPS estimates with $0.66 (vs. $0.41 expected) but reported revenue down 21.3% year-over-year to $170.5 million; Employers has a market cap of roughly $902 million and a P/E of 121.62.
Employers declared a quarterly dividend of $0.32 (annualized $1.28) for a 3.2% yield with an ex-dividend date of March 4, though the dividend payout ratio is an elevated 387.88%.

Employers Holdings Inc (NYSE:EIG - Get Free Report) EVP Michael Pedraja bought 2,000 shares of the business's stock in a transaction that occurred on Tuesday, February 24th. The shares were bought at an average cost of $39.73 per share, for a total transaction of $79,460.00. Following the completion of the purchase, the executive vice president owned 19,830 shares of the company's stock, valued at $787,845.90. This represents a 11.22% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Employers Trading Up 2.4%

Shares of NYSE EIG opened at $40.14 on Wednesday. The firm's 50-day moving average price is $43.52 and its 200-day moving average price is $41.99. Employers Holdings Inc has a 1-year low of $35.73 and a 1-year high of $52.28. The firm has a market capitalization of $902.23 million, a P/E ratio of 121.62 and a beta of 0.57.

Employers (NYSE:EIG - Get Free Report) last issued its earnings results on Thursday, February 19th. The financial services provider reported $0.66 EPS for the quarter, beating the consensus estimate of $0.41 by $0.25. Employers had a return on equity of 2.10% and a net margin of 1.26%.The company had revenue of $170.50 million during the quarter, compared to the consensus estimate of $217.35 million. During the same period last year, the business posted $1.15 EPS. The firm's revenue for the quarter was down 21.3% compared to the same quarter last year. Equities research analysts forecast that Employers Holdings Inc will post 3.63 EPS for the current year.

Employers Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 4th will be given a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend is Wednesday, March 4th. Employers's dividend payout ratio is presently 387.88%.

Institutional Investors Weigh In On Employers

Institutional investors and hedge funds have recently bought and sold shares of the stock. Allianz Asset Management GmbH bought a new stake in shares of Employers in the 2nd quarter worth $719,000. Boston Partners lifted its position in shares of Employers by 21.8% during the second quarter. Boston Partners now owns 355,041 shares of the financial services provider's stock valued at $16,252,000 after purchasing an additional 63,582 shares in the last quarter. Y Intercept Hong Kong Ltd purchased a new position in Employers during the third quarter worth about $1,187,000. Carolina Wealth Advisors LLC grew its position in Employers by 80.5% in the 3rd quarter. Carolina Wealth Advisors LLC now owns 132,289 shares of the financial services provider's stock worth $5,620,000 after purchasing an additional 58,980 shares in the last quarter. Finally, Exchange Traded Concepts LLC increased its stake in Employers by 39.7% in the 3rd quarter. Exchange Traded Concepts LLC now owns 66,116 shares of the financial services provider's stock valued at $2,809,000 after buying an additional 18,793 shares during the last quarter. 80.49% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have commented on the stock. Weiss Ratings restated a "hold (c-)" rating on shares of Employers in a research note on Monday, December 29th. Wall Street Zen upgraded shares of Employers from a "sell" rating to a "hold" rating in a report on Saturday. Finally, Zacks Research raised shares of Employers from a "strong sell" rating to a "hold" rating in a research report on Tuesday, December 30th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Employers presently has an average rating of "Hold".

View Our Latest Report on Employers

About Employers

(Get Free Report)

Employers Holdings, Inc (NYSE: EIG) is a publicly traded property and casualty insurance holding company headquartered in Des Moines, Iowa. Through its subsidiaries, Employers Mutual Casualty Company and Employers Preferred Insurance Company, the firm specializes in providing workers' compensation coverage alongside an array of commercial insurance products. Its service offerings include general liability, commercial auto, businessowners policies and umbrella coverages, tailored to meet the risk-management needs of small and mid-sized businesses across multiple industries.

The company markets its insurance solutions primarily through a network of independent agencies and brokers, leveraging local market expertise to underwrite policies that address the unique exposures faced by clients in manufacturing, construction, healthcare, retail and service sectors.