Assurant, Inc. $AIZ Stock Purchased by Mountain Pacific Investment Advisers LLC

Mountain Pacific Investment Advisers LLC raised its holdings in shares of Assurant, Inc. (NYSE:AIZ) by 12.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,549 shares of the financial services provider’s stock after acquiring an additional 3,376 shares during the quarter. Assurant makes up 1.3% of Mountain Pacific Investment Advisers LLC’s investment portfolio, making the stock its 26th largest position. Mountain Pacific Investment Advisers LLC owned approximately 0.06% of Assurant worth $8,050,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Root Financial Partners LLC increased its stake in shares of Assurant by 27.5% during the 1st quarter. Root Financial Partners LLC now owns 246 shares of the financial services provider’s stock worth $54,000 after purchasing an additional 53 shares in the last quarter. Oregon Public Employees Retirement Fund raised its position in shares of Assurant by 0.9% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 5,739 shares of the financial services provider’s stock worth $1,250,000 after purchasing an additional 54 shares during the last quarter. Blackhawk Capital Partners LLC raised its position in shares of Assurant by 2.5% during the 1st quarter. Blackhawk Capital Partners LLC now owns 2,223 shares of the financial services provider’s stock worth $484,000 after purchasing an additional 55 shares during the last quarter. Arlington Trust Co LLC raised its position in shares of Assurant by 81.4% during the 2nd quarter. Arlington Trust Co LLC now owns 127 shares of the financial services provider’s stock worth $34,000 after purchasing an additional 57 shares during the last quarter. Finally, Empirical Finance LLC lifted its stake in Assurant by 3.2% in the 2nd quarter. Empirical Finance LLC now owns 1,960 shares of the financial services provider’s stock valued at $526,000 after buying an additional 60 shares in the last quarter. Institutional investors and hedge funds own 92.65% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on AIZ. Truist Financial increased their target price on Assurant from $310.00 to $355.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Weiss Ratings raised Assurant from a “buy (a-)” rating to a “buy (a)” rating in a research report on Thursday, October 8th. Piper Sandler boosted their price target on Assurant from $290.00 to $329.00 and gave the stock an “overweight” rating in a report on Thursday, August 6th. Wall Street Zen cut Assurant from a “buy” rating to a “hold” rating in a report on Saturday, October 24th. Finally, Keefe, Bruyette & Woods upped their price objective on Assurant from $310.00 to $325.00 and gave the company an “outperform” rating in a research report on Friday, August 7th. Two research analysts have rated the stock with a Strong Buy rating and six have issued a Buy rating to the company. Based on data from MarketBeat, Assurant currently has an average rating of “Buy” and an average target price of $324.29.

Assurant News Roundup

Here are the key news stories impacting Assurant this week:

• Positive Sentiment: Adjusted earnings were about $6.15 per share, versus analysts’ $4.75 estimate, while revenue of $3.53 billion topped the $3.48 billion consensus and rose 9.2% year over year. Assurant Beats Q3 Earnings and Revenue Estimates
• Positive Sentiment: Assurant raised its full-year outlook. For the first nine months of 2026, adjusted EBITDA increased 26% year over year and adjusted earnings per diluted share rose 34%, indicating solid year-to-date growth. Assurant Raises Full-Year Outlook
• Positive Sentiment: Quarterly adjusted EBITDA was $464.4 million, up 8%; excluding reportable catastrophes, it rose 12%. GAAP net income increased 4% to $275.2 million. Assurant Q3 Results

Insiders Place Their Bets

In other Assurant news, EVP Biju Nair sold 3,931 shares of the stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $302.46, for a total transaction of $1,188,970.26. Following the transaction, the executive vice president owned 24,247 shares of the company’s stock, valued at $7,333,747.62. This represents a 13.95% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Company insiders own 0.54% of the company’s stock.

Assurant Stock Performance

Shares of NYSE AIZ opened at $295.55 on Wednesday. The company has a market cap of $14.58 billion, a PE ratio of 14.11 and a beta of 0.52. Assurant, Inc. has a 12 month low of $209.86 and a 12 month high of $303.94. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.38 and a quick ratio of 0.38. The company has a 50-day simple moving average of $279.13 and a 200-day simple moving average of $255.18.

Assurant (NYSE:AIZ) last announced its quarterly earnings data on Tuesday, November 3rd. The financial services provider reported $6.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.75 by $1.40. Assurant had a net margin of 7.90% and a return on equity of 20.40%. The business had revenue of $3.53 billion for the quarter, compared to the consensus estimate of $3.48 billion. During the same quarter in the prior year, the firm posted $5.73 earnings per share. The company’s quarterly revenue was up 9.2% compared to the same quarter last year. On average, equities analysts anticipate that Assurant, Inc. will post 22.40 earnings per share for the current year.

Assurant Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 28th. Shareholders of record on Monday, August 31st were issued a $0.88 dividend. The ex-dividend date was Monday, August 31st. This represents a $3.52 annualized dividend and a yield of 1.2%. Assurant’s payout ratio is 16.81%.

About Assurant

Assurant, Inc (NYSE:AIZ) is a global business services company that provides insurance products and related services. Its offerings are designed to help consumers protect mobile devices, household belongings, vehicles, homes and other significant purchases, while supporting businesses in managing risk and customer relationships.

Assurant operates through three primary business segments: Global Lifestyle, Global Housing and Global Preneed. Global Lifestyle provides mobile device protection, extended service contracts and related services for consumer electronics, appliances and vehicles.