Danske Bank A S Invests $4.94 Million in Assurant, Inc. $AIZ

Danske Bank A S acquired a new stake in Assurant, Inc. (NYSE:AIZ) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 18,400 shares of the financial services provider’s stock, valued at approximately $4,941,000.

Several other large investors also recently modified their holdings of the company. ProShare Advisors LLC grew its holdings in Assurant by 0.3% during the 4th quarter. ProShare Advisors LLC now owns 17,064 shares of the financial services provider’s stock worth $4,110,000 after acquiring an additional 47 shares during the period. Root Financial Partners LLC raised its position in shares of Assurant by 27.5% in the 1st quarter. Root Financial Partners LLC now owns 246 shares of the financial services provider’s stock worth $54,000 after acquiring an additional 53 shares in the last quarter. Oregon Public Employees Retirement Fund lifted its stake in shares of Assurant by 0.9% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 5,739 shares of the financial services provider’s stock valued at $1,250,000 after purchasing an additional 54 shares during the period. Blackhawk Capital Partners LLC lifted its stake in shares of Assurant by 2.5% in the 1st quarter. Blackhawk Capital Partners LLC now owns 2,223 shares of the financial services provider’s stock valued at $484,000 after purchasing an additional 55 shares during the period. Finally, Cresset Asset Management LLC boosted its position in shares of Assurant by 5.4% during the 2nd quarter. Cresset Asset Management LLC now owns 1,075 shares of the financial services provider’s stock valued at $212,000 after purchasing an additional 55 shares in the last quarter. 92.65% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, EVP Robert Lonergan sold 7,000 shares of the firm’s stock in a transaction that occurred on Monday, June 22nd. The stock was sold at an average price of $262.71, for a total value of $1,838,970.00. Following the transaction, the executive vice president owned 27,374 shares in the company, valued at $7,191,423.54. This trade represents a 20.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Nair Biju sold 3,931 shares of Assurant stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $302.46, for a total value of $1,188,970.26. Following the transaction, the executive vice president directly owned 24,247 shares in the company, valued at approximately $7,333,747.62. The trade was a 13.95% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 12,931 shares of company stock worth $3,539,300 over the last 90 days. 0.54% of the stock is currently owned by corporate insiders.

Assurant Trading Up 0.8%

NYSE:AIZ opened at $284.14 on Friday. 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 firm has a 50-day moving average of $276.34 and a 200-day moving average of $247.72. The company has a market cap of $14.01 billion, a PE ratio of 13.57 and a beta of 0.55. Assurant, Inc. has a one year low of $205.01 and a one year high of $303.94.

Assurant (NYSE:AIZ) last announced its quarterly earnings results on Tuesday, August 4th. The financial services provider reported $6.41 earnings per share for the quarter, beating the consensus estimate of $5.17 by $1.24. Assurant had a net margin of 7.90% and a return on equity of 20.40%. The business had revenue of $3.45 billion for the quarter, compared to analysts’ expectations of $3.43 billion. The firm’s revenue for the quarter was up 9.4% compared to the same quarter last year. During the same quarter last year, the firm earned $5.56 EPS. As a group, equities research analysts expect that Assurant, Inc. will post 22.05 EPS for the current fiscal year.

Assurant Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 28th. Stockholders of record on Monday, August 31st will be paid a $0.88 dividend. The ex-dividend date of this dividend is Monday, August 31st. This represents a $3.52 annualized dividend and a dividend yield of 1.2%. Assurant’s dividend payout ratio is 16.81%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Piper Sandler raised their target price on Assurant from $290.00 to $329.00 and gave the stock an “overweight” rating in a research note on Thursday, August 6th. Morgan Stanley increased their price target on Assurant from $300.00 to $320.00 and gave the stock an “overweight” rating in a report on Wednesday. Weiss Ratings raised shares of Assurant from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Tuesday, August 11th. Wall Street Zen lowered shares of Assurant from a “buy” rating to a “hold” rating in a research note on Saturday, July 25th. Finally, Keefe, Bruyette & Woods boosted their target price on shares of Assurant from $310.00 to $325.00 and gave the company an “outperform” rating in a research report on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $316.57.

Key Headlines Impacting Assurant

Here are the key news stories impacting Assurant this week:

• Positive Sentiment: Zacks upgraded Assurant to a “Buy” rating. The upgrade to Zacks Rank #2 reflects improving earnings-estimate trends and could support continued investor interest in AIZ. Assurant Upgraded to Buy: What Does It Mean for the Stock?
• Positive Sentiment: Several longer-term earnings forecasts were raised. Zacks lifted its FY2026 EPS estimate to $21.70 from $20.92, FY2027 to $23.00 from $22.46, and FY2028 to $24.74 from $24.44. The Q1 2027 forecast also increased substantially to $5.59 from $4.97. These revisions imply stronger projected profitability and exceed or broadly align with the current full-year consensus. Zacks Research Brokers Raise Earnings Estimates for Assurant
• Positive Sentiment: Assurant’s latest reported quarter provides supportive fundamental context: EPS of $6.41 exceeded the $5.17 consensus estimate, while revenue increased 9.4% year over year to $3.45 billion. The earnings beat likely reinforces confidence behind the estimate upgrades.
• Neutral Sentiment: A separate Zacks analysis highlighted Assurant as a potential value investment based on earnings revisions, value, growth and momentum factors. With a reported P/E ratio of about 13.6, valuation may remain attractive, although the article did not provide a specific new price target. Should Value Investors Buy Assurant Stock?
• Negative Sentiment: Near-term estimates were mixed. Zacks lowered Q3 2026 EPS to $4.36 from $4.39 and Q4 2026 to $4.98 from $5.43, while cutting Q4 2027 to $5.65 from $5.76. These reductions could limit upside if upcoming results fall short of expectations.

About Assurant

Assurant, Inc is a global provider of risk management products and services, specializing in the housing and lifestyle markets. The company offers insurance and related products designed to help consumers protect their homes, personal belongings, and electronic devices. Its core offerings include renters insurance, manufactured housing finance, flood insurance, mobile device protection plans, and extended service contracts for appliances and electronics.

Within its Global Housing segment, Assurant partners with mortgage lenders, financial institutions and government agencies to deliver specialty insurance and risk mitigation services.