NBT Bank N.A. Buys New Shares in The Travelers Companies, Inc. $TRV

NBT Bank N.A. purchased a new stake in The Travelers Companies, Inc. (NYSE:TRV) in the 3rd quarter, according to its most recent filing with the SEC. The fund purchased 1,353 shares of the insurance provider’s stock, valued at approximately $482,000.

Other institutional investors also recently bought and sold shares of the company. Root Financial Partners LLC grew its position in shares of Travelers Companies by 5.5% in the third quarter. Root Financial Partners LLC now owns 1,602 shares of the insurance provider’s stock valued at $571,000 after purchasing an additional 84 shares during the period. JSF Financial LLC increased its stake in Travelers Companies by 4.8% in the third quarter. JSF Financial LLC now owns 5,203 shares of the insurance provider’s stock valued at $1,855,000 after purchasing an additional 240 shares during the last quarter. Smith Chas P & Associates PA Cpas purchased a new position in Travelers Companies during the third quarter worth about $211,000. Vest Financial LLC lifted its position in Travelers Companies by 7.1% during the third quarter. Vest Financial LLC now owns 230,507 shares of the insurance provider’s stock worth $82,178,000 after buying an additional 15,250 shares during the period. Finally, Sage Private Wealth Group LLC purchased a new position in Travelers Companies during the third quarter worth about $208,000. 82.45% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CEO Alan D. Schnitzer sold 88,900 shares of the stock in a transaction that occurred on Wednesday, October 21st. The shares were sold at an average price of $396.77, for a total transaction of $35,272,853.00. Following the completion of the sale, the chief executive officer owned 303,124 shares of the company’s stock, valued at approximately $120,270,509.48. This represents a 22.68% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Michael Klein sold 7,500 shares of the firm’s stock in a transaction that occurred on Tuesday, October 20th. The shares were sold at an average price of $392.79, for a total transaction of $2,945,925.00. Following the completion of the transaction, the executive vice president owned 45,125 shares in the company, valued at $17,724,648.75. The trade was a 14.25% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 166,287 shares of company stock worth $66,182,760. 1.39% of the stock is owned by insiders.

Key Headlines Impacting Travelers Companies

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.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on TRV. Mizuho raised their price target on Travelers Companies from $345.00 to $371.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 20th. Bank of America upped their price objective on shares of Travelers Companies from $283.00 to $307.00 and gave the company an “underperform” rating in a research note on Monday, July 20th. The Goldman Sachs Group lowered shares of Travelers Companies from a “neutral” rating to a “sell” rating and set a $350.00 price objective on the stock. in a report on Monday, July 20th. Piper Sandler increased their price objective on shares of Travelers Companies to $340.00 and gave the stock an “overweight” rating in a report on Monday, July 13th. Finally, Citigroup reissued a “neutral” rating on shares of Travelers Companies in a research report on Friday, October 16th. Three equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, thirteen have given a Hold rating and five have issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $365.37.

Travelers Companies Price Performance

Shares of Travelers Companies stock opened at $398.33 on Friday. The Travelers Companies, Inc. has a twelve month low of $264.25 and a twelve month high of $407.86. The stock has a market capitalization of $81.64 billion, a P/E ratio of 10.44, a PEG ratio of 2.78 and a beta of 0.43. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.34. The business’s fifty day moving average price is $371.39 and its 200 day moving average price is $341.14.

Travelers Companies (NYSE:TRV) last posted its quarterly earnings results on Friday, October 16th. The insurance provider reported $9.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.39 by $1.79. The firm had revenue of $12.41 billion during the quarter, compared to the consensus estimate of $11.36 billion. Travelers Companies had a return on equity of 26.19% and a net margin of 17.03%. The firm’s quarterly revenue was down .5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $8.14 earnings per share. As a group, research analysts anticipate 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 paid a $1.25 dividend. 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 currently 13.11%.

About Travelers Companies

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.