International Assets Investment Management LLC Buys 22,739 Shares of The Travelers Companies, Inc. $TRV

International Assets Investment Management LLC lifted its stake in shares of The Travelers Companies, Inc. (NYSE:TRV) by 1,005.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,000 shares of the insurance provider’s stock after purchasing an additional 22,739 shares during the period. International Assets Investment Management LLC’s holdings in Travelers Companies were worth $8,913,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. BlackRock Inc. purchased a new position in Travelers Companies in the 2nd quarter valued at about $6,915,909,000. Bank of America Corp DE purchased a new stake in Travelers Companies during the 2nd quarter worth approximately $932,142,000. GQG Partners LLC acquired a new position in shares of Travelers Companies during the second quarter valued at approximately $789,024,000. Legal & General Group Plc acquired a new position in shares of Travelers Companies during the second quarter valued at approximately $558,164,000. Finally, Bank of New York Mellon Corp acquired a new position in shares of Travelers Companies during the second quarter valued at approximately $469,505,000. Institutional investors and hedge funds own 82.45% of the company’s stock.

Insiders Place Their Bets

In other news, EVP David Rowland sold 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 22nd. The shares were sold at an average price of $405.62, for a total transaction of $2,028,100.00. Following the completion of the sale, the executive vice president owned 10,479 shares in the company, valued at $4,250,491.98. This trade represents a 32.30% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Jeffrey Klenk sold 9,016 shares of Travelers Companies stock in a transaction that occurred on Thursday, October 22nd. The shares were sold at an average price of $405.57, for a total transaction of $3,656,619.12. Following the sale, the executive vice president directly owned 6,075 shares in the company, valued at approximately $2,463,837.75. The trade was a 59.74% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 180,287 shares of company stock worth $71,713,050. 1.39% of the stock is currently owned by company insiders.

Travelers Companies Trading Down 0.5%

Shares of TRV stock opened at $396.39 on Friday. The company’s 50-day moving average price is $374.52 and its 200-day moving average price is $329.53. 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 stock has a market cap of $81.24 billion, a price-to-earnings ratio of 10.39, a PEG ratio of 2.74 and a beta of 0.43. The Travelers Companies, Inc. has a twelve month low of $264.25 and a twelve month high of $407.86.

Travelers Companies (NYSE:TRV) last released its quarterly earnings data on Friday, October 16th. The insurance provider reported $9.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.39 by $1.79. Travelers Companies had a net margin of 17.03% and a return on equity of 26.19%. The firm had revenue of $12.41 billion during the quarter, compared to analysts’ expectations of $11.36 billion. During the same period last year, the business earned $8.14 earnings per share. Travelers Companies’s revenue was down .5% compared to the same quarter last year. As a group, equities analysts predict that The Travelers Companies, Inc. will post 36.27 earnings per share for the current year.

Travelers Companies Dividend Announcement

The company also recently declared 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. The ex-dividend date of this dividend is Thursday, December 10th. This represents a $5.00 annualized dividend and a dividend yield of 1.3%. Travelers Companies’s dividend payout ratio is 13.11%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on TRV. Cantor Fitzgerald lifted their price target on Travelers Companies from $378.00 to $397.00 and gave the stock an “overweight” rating in a research note on Monday, October 26th. Bank of America increased their price objective on Travelers Companies from $283.00 to $307.00 and gave the company an “underperform” rating in a research note on Monday, July 20th. Citigroup reissued a “neutral” rating on shares of Travelers Companies in a research note on Friday, October 16th. Morgan Stanley raised their price objective on Travelers Companies from $330.00 to $350.00 and gave the company an “underweight” rating in a report on Friday, October 23rd. Finally, HSBC lifted their target price on shares of Travelers Companies from $321.00 to $351.00 and gave the stock a “hold” rating in a research note on Monday, July 6th. Three investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, thirteen have assigned a Hold rating and five have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $366.37.

More Travelers Companies News

Here are the key news stories impacting Travelers Companies this week:

• Positive Sentiment: Travelers launched an AI-powered workers’ compensation quoting tool that reportedly cuts quote-generation time in half. Faster processing could improve underwriting efficiency and help TRV win more small-business customers. TRV Launches AI Quoting Tool to Target Workers’ Compensation Growth
• Positive Sentiment: TRV continues to attract value-oriented interest following its latest quarterly report, when it delivered $9.18 in earnings per share versus the $7.39 consensus estimate and generated $12.41 billion in revenue. The company also declared a $1.25 quarterly dividend, equivalent to $5.00 annually, with a low payout ratio of about 13%. Why Travelers Is a Top Value Stock for the Long-Term
• Neutral Sentiment: Analyst opinion remains divided. Cantor Fitzgerald raised its price target to $397 and maintained an overweight view, but the broader consensus rating is “Hold,” with an average target of $366.37—below recent trading levels. This may limit near-term upside unless Travelers produces additional earnings or operating catalysts.
• Negative Sentiment: Two executive vice presidents recently sold a combined 14,000 shares worth approximately $5.53 million. Andy Bessette sold 3,000 shares, while Mojgan Lefebvre sold 11,000 shares and cut her position by half. Insider selling is not necessarily fundamental news, but the size and timing may weigh on sentiment. Travelers Executive Insider Stock Sale
• Negative Sentiment: Elon Musk’s support for a claim that autonomous driving could reduce crash costs by $1.5 trillion raises a longer-term risk for property and casualty insurers. If self-driving technology materially reduces accidents, auto insurance premiums and related profits could face pressure, although the financial impact on Travelers is uncertain and likely gradual. Elon Musk Backs a $1.5 Trillion Self-Driving Claim

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.