Torray Investment Partners LLC decreased its position in shares of CNA Financial Corporation (NYSE:CNA – Free Report) by 10.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 468,062 shares of the insurance provider’s stock after selling 54,179 shares during the period. CNA Financial accounts for approximately 2.8% of Torray Investment Partners LLC’s portfolio, making the stock its 15th biggest holding. Torray Investment Partners LLC owned about 0.17% of CNA Financial worth $21,007,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. 1834 Investment Advisors Co. purchased a new position in CNA Financial during the 3rd quarter worth $2,214,000. Bank of America Corp DE acquired a new position in CNA Financial in the second quarter valued at $6,851,000. The Manufacturers Life Insurance Company purchased a new stake in shares of CNA Financial in the second quarter valued at about $1,408,000. Hsbc Holdings PLC raised its holdings in shares of CNA Financial by 1,190.4% in the second quarter. Hsbc Holdings PLC now owns 155,228 shares of the insurance provider’s stock valued at $7,622,000 after buying an additional 143,199 shares during the last quarter. Finally, Private Advisory Group LLC acquired a new stake in shares of CNA Financial during the second quarter worth about $7,857,000. Hedge funds and other institutional investors own 98.45% of the company’s stock.
CNA Financial Price Performance
Shares of NYSE CNA opened at $47.18 on Wednesday. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.27 and a quick ratio of 0.27. The stock has a fifty day moving average price of $47.62 and a 200 day moving average price of $47.73. CNA Financial Corporation has a 1-year low of $41.53 and a 1-year high of $55.71. The company has a market cap of $12.77 billion, a PE ratio of 12.45, a P/E/G ratio of 5.49 and a beta of 0.22.
CNA Financial (NYSE:CNA – Get Free Report) last posted its quarterly earnings data on Monday, November 2nd. The insurance provider reported $0.75 earnings per share for the quarter, missing analysts’ consensus estimates of $1.21 by ($0.46). The firm had revenue of $3.82 billion during the quarter, compared to analysts’ expectations of $3.02 billion. CNA Financial had a net margin of 6.80% and a return on equity of 9.53%. During the same quarter last year, the business earned $1.50 earnings per share. Sell-side analysts forecast that CNA Financial Corporation will post 4.12 EPS for the current year.
CNA Financial Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, December 3rd. Stockholders of record on Monday, November 16th will be issued a $0.48 dividend. The ex-dividend date of this dividend is Monday, November 16th. This represents a $1.92 annualized dividend and a dividend yield of 4.1%. CNA Financial’s payout ratio is presently 42.20%.
Trending Headlines about CNA Financial
Here are the key news stories impacting CNA Financial this week:
- Positive Sentiment: CNA declared a quarterly dividend of $0.48 per share, payable December 3, for an annualized payout of $1.92 and a roughly 4% yield. Dividend announcement
- Positive Sentiment: Management expects fixed-income and other investment income to exceed $2.3 billion for full-year 2026, potentially helping offset underwriting pressure. Investment income outlook
- Positive Sentiment: CNA’s international business grew and outperformed, while the company reported premium growth—an offset to weaker U.S. commercial results. International business report
- Negative Sentiment: Third-quarter core EPS was $0.75, well below analyst expectations of about $1.16–$1.21 and down from $1.50 a year earlier. Net income fell to $196 million from $403 million. Higher LTC reserves and catastrophe losses weighed on results; P&C core income also declined. Third-quarter earnings report
- Negative Sentiment: U.S. casualty and commercial insurance margins are tightening, raising concerns about underwriting profitability even as international operations grow. U.S. and international margin report
- Negative Sentiment: Bank of America reiterated a Sell rating, citing weak earnings and the LTC reserve charge; its $48 price target leaves limited upside from the level cited in the report. Analyst rating report
Analysts Set New Price Targets
A number of research firms recently issued reports on CNA. Weiss Ratings lowered CNA Financial from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday. Zacks Research upgraded CNA Financial from a “strong sell” rating to a “hold” rating in a research report on Thursday, July 16th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, CNA Financial has an average rating of “Moderate Buy”.
View Our Latest Analysis on CNA
About CNA Financial
CNA Financial Corporation (NYSE: CNA) is a commercial property and casualty insurance company serving businesses, professionals and organizations. Its offerings include commercial property, casualty, workers’ compensation, professional liability, management liability, cyber, surety, marine and other specialty insurance products.
The company distributes its products primarily through independent agents, brokers and other insurance intermediaries. CNA serves customers across the United States and Canada, as well as selected international markets, including the United Kingdom and Europe.
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