Key Points
- Travelers EVP David Rowland sold 5,000 shares at an average price of $405.62, generating approximately $2.03 million and reducing his holdings by 32.3% to 10,479 shares.
- Travelers reported strong quarterly results, with EPS of $9.18 versus the $7.39 consensus and revenue of $12.41 billion versus estimates of $11.36 billion. The company also declared a $1.25 quarterly dividend, equal to a 1.3% annualized yield.
- Despite strong earnings and substantial institutional ownership of 82.45%, analyst sentiment remains mixed: the consensus rating is Hold, with an average price target of $365.37 compared with the stock’s recent price near $398.
The Travelers Companies, Inc. (NYSE:TRV - Get Free Report) EVP David Rowland sold 5,000 shares of the stock in a transaction that occurred on Thursday, October 22nd. The shares were sold at an average price of $405.62, for a total value of $2,028,100.00. Following the completion of the sale, the executive vice president directly owned 10,479 shares of the company's stock, valued at approximately $4,250,491.98. This represents a 32.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Travelers Companies Stock Down 1.8%
Shares of NYSE:TRV opened at $398.33 on Friday. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 0.34. The business has a fifty day moving average of $371.39 and a two-hundred day moving average of $341.14. The stock has a market cap of $81.64 billion, a P/E ratio of 10.44, a PEG ratio of 2.83 and a beta of 0.43. The Travelers Companies, Inc. has a 52-week low of $264.25 and a 52-week high of $407.86.
Travelers Companies (NYSE:TRV - Get Free Report) last announced its quarterly earnings results on Friday, October 16th. The insurance provider reported $9.18 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $7.39 by $1.79. The business had revenue of $12.41 billion during the quarter, compared to the consensus estimate of $11.36 billion. Travelers Companies had a net margin of 17.03% and a return on equity of 26.19%. The business's revenue was down .5% compared to the same quarter last year. During the same quarter last year, the firm earned $8.14 EPS. On average, research analysts expect that The Travelers Companies, Inc. will post 35.96 earnings per share for the current year.
Travelers Companies Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Thursday, December 10th will be given a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Thursday, December 10th. Travelers Companies's payout ratio is 13.11%.
Wall Street Analyst Weigh In
A number of research firms recently issued reports on TRV. Deutsche Bank Aktiengesellschaft reissued a "hold" rating on shares of Travelers Companies in a report on Monday. BMO Capital Markets raised their price objective on shares of Travelers Companies from $379.00 to $388.00 and gave the company a "market perform" rating in a research note on Tuesday. Morgan Stanley upped their target price on Travelers Companies from $330.00 to $350.00 and gave the company an "underweight" rating in a report on Friday. HSBC upped their target price on Travelers Companies from $321.00 to $351.00 and gave the company a "hold" rating in a research note on Monday, July 6th. Finally, Citigroup reiterated a "neutral" rating on shares of Travelers Companies in a report on Friday, October 16th. Three investment analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, thirteen have given a Hold rating and five have assigned a Sell rating to the company. Based on data from MarketBeat, Travelers Companies currently has an average rating of "Hold" and an average price target of $365.37.
Check Out Our Latest Research Report on Travelers Companies
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. bought a new position in shares of Travelers Companies in the second quarter worth $6,915,909,000. Dimensional Fund Advisors LP grew its position in Travelers Companies by 3.7% in the first quarter. Dimensional Fund Advisors LP now owns 3,484,676 shares of the insurance provider's stock worth $1,016,433,000 after buying an additional 123,564 shares during the last quarter. Bank of America Corp DE acquired a new position in shares of Travelers Companies in the 2nd quarter worth $932,142,000. GQG Partners LLC purchased a new position in Travelers Companies in the 2nd quarter worth about $789,024,000. Finally, First Trust Advisors LP raised its holdings in shares of Travelers Companies by 7.2% during the first quarter. First Trust Advisors LP now owns 1,705,401 shares of the insurance provider's stock valued at $497,431,000 after acquiring an additional 115,276 shares during the period. 82.45% of the stock is currently owned by institutional investors.
Travelers Companies News Roundup
Here are the key news stories impacting Travelers Companies this week:
- Positive Sentiment: DOWLING & PARTN raised its fiscal 2026 EPS estimate for Travelers to $35.75 from $32.50, slightly above the current consensus estimate of $35.65. The revision suggests increased confidence in the insurer’s earnings outlook.
- Positive Sentiment: Keefe, Bruyette & Woods, Mizuho and JPMorgan Chase reportedly increased their price targets for TRV. The target increases add to the positive analyst momentum surrounding the shares. Keefe, Bruyette & Woods price target article Mizuho price target article JPMorgan price target article
- Positive Sentiment: Zacks highlighted Travelers as a potential momentum stock, reflecting its recent price strength and favorable trend signals. Zacks Travelers momentum article
- Positive Sentiment: Diversify Advisory Services increased its TRV holdings by 20.5% in the third quarter. Institutional buying can provide modest support for the stock. Diversify Advisory Services holdings article
- Neutral Sentiment: Travelers’ latest quarterly results were strong, with EPS of $9.18 versus a $7.39 estimate and revenue of $12.41 billion versus an $11.36 billion forecast. However, revenue declined slightly year over year, and the average analyst rating remains Hold.
- Negative Sentiment: EVPs Michael Klein and Maria Olivo sold a combined 22,600 shares worth roughly $9 million. Both executives retained sizable positions, but the transactions may create a modestly negative signal. Michael Klein SEC filing Maria Olivo SEC filing
- Negative Sentiment: BMO Capital maintained a Hold rating and Barclays issued a Sell rating, underscoring concerns about valuation after TRV’s recent advance.
About Travelers Companies
(
Get Free Report)
Travelers Companies, Inc is a property and casualty insurance company that provides insurance products and related services to businesses, government entities and individuals. The company offers coverage for property damage, liability, workers' compensation, automobile accidents, cybersecurity risks and other exposures.
Travelers conducts its operations primarily through its Business Insurance, Bond & Specialty Insurance and Personal Insurance segments. Its products include commercial property and casualty policies, surety and fidelity bonds, homeowners insurance, personal automobile insurance and umbrella coverage.
Further Reading
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