Orion Porfolio Solutions LLC Buys 9,920 Shares of The Progressive Corporation $PGR

Orion Porfolio Solutions LLC grew its position in shares of The Progressive Corporation (NYSE:PGR) by 13.8% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 81,619 shares of the insurance provider’s stock after purchasing an additional 9,920 shares during the quarter. Orion Porfolio Solutions LLC’s holdings in Progressive were worth $20,156,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Davis Capital Management bought a new position in Progressive during the third quarter worth $25,000. Atlantic Union Bankshares Corp bought a new position in Progressive during the second quarter worth $33,000. Howard Hughes Medical Institute bought a new position in shares of Progressive during the 2nd quarter worth about $34,000. Westside Investment Management Inc. grew its stake in Progressive by 900.0% in the second quarter. Westside Investment Management Inc. now owns 130 shares of the insurance provider’s stock valued at $34,000 after acquiring an additional 117 shares during the period. Finally, TruNorth Capital Management LLC grew its position in Progressive by 450.0% in the 3rd quarter. TruNorth Capital Management LLC now owns 165 shares of the insurance provider’s stock valued at $41,000 after purchasing an additional 135 shares during the period. Institutional investors and hedge funds own 85.34% of the company’s stock.

More Progressive News

Here are the key news stories impacting Progressive this week:

• Positive Sentiment: Piper Sandler reaffirmed a Buy rating on PGR, a vote of confidence from a major broker that can support demand for the shares. Piper Sandler Reaffirms Their Buy Rating on Progressive (PGR)
• Positive Sentiment: Company Q4 2025 commentary highlighted record growth and strategic progress, suggesting operating momentum that could support earnings going forward. Progressive Corp (PGR) Q4 2025 Earnings Call Highlights: Record Growth and Strategic …
• Neutral Sentiment: Full Q4 2025 earnings call transcript is available for investors to review management’s detail on underwriting, reserve development and strategic initiatives — useful for assessing forward guidance but not a direct market catalyst by itself. The Progressive Corporation (PGR) Q4 2025 Earnings Call Transcript
• Neutral Sentiment: The Q4 earnings presentation provides slides and metrics investors can use to dig into loss ratios, premiums written and reserve trends — informational but not itself a directional trigger. The Progressive Corporation 2025 Q4 – Results – Earnings Call Presentation
• Neutral Sentiment: Commentary pieces are debating whether the ~19.8% one-year decline creates a value opportunity; such narratives can attract long-term buyers but don’t guarantee near-term upside. Is Progressive (PGR) Attractive After A 1-Year 19.8% Share Price Decline
• Neutral Sentiment: A news roundup referenced political coverage unrelated to Progressive’s business — unlikely to affect the stock. Crockett vs. Talarico. Progressive vs. Moderate. Right? – The New York Times
• Negative Sentiment: Analysts and commentary note PGR has been underperforming the broader financial/insurance sector, which can trigger rotation out of the stock by momentum-focused investors. Progressive Stock: Is PGR Underperforming the Financial Sector?
• Negative Sentiment: Consensus brokerage coverage is centered around a “Hold” recommendation, limiting fresh buy-side conviction despite some buy-side reaffirmations. The Progressive Corporation (NYSE:PGR) Given Consensus Recommendation of “Hold” by Brokerages

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Jefferies Financial Group set a $216.00 price target on Progressive in a report on Wednesday, February 11th. Bank of America lowered their price target on shares of Progressive from $350.00 to $348.00 and set a “buy” rating on the stock in a report on Tuesday, December 9th. Piper Sandler reaffirmed an “overweight” rating and set a $259.00 price objective on shares of Progressive in a report on Monday. Morgan Stanley cut their price target on Progressive from $214.00 to $205.00 and set an “underweight” rating for the company in a report on Wednesday, January 28th. Finally, William Blair cut shares of Progressive from an “outperform” rating to a “market perform” rating in a research note on Thursday, December 18th. Seven investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $245.50.

Progressive Price Performance

Shares of Progressive stock opened at $211.40 on Thursday. The company has a quick ratio of 0.29, a current ratio of 0.35 and a debt-to-equity ratio of 0.23. The firm has a market cap of $123.86 billion, a PE ratio of 10.99, a price-to-earnings-growth ratio of 9.32 and a beta of 0.33. The Progressive Corporation has a 12-month low of $197.92 and a 12-month high of $292.99. The company’s fifty day simple moving average is $209.65 and its two-hundred day simple moving average is $224.51.

Progressive Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 8th. Investors of record on Friday, January 2nd were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Friday, January 2nd. Progressive’s dividend payout ratio is presently 2.08%.

Insider Buying and Selling at Progressive

In related news, CIO Jonathan S. Bauer sold 2,266 shares of the company’s stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $203.05, for a total value of $460,111.30. Following the transaction, the executive directly owned 26,250 shares of the company’s stock, valued at approximately $5,330,062.50. This represents a 7.95% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Andrew J. Quigg sold 1,649 shares of the company’s stock in a transaction dated Wednesday, January 21st. The shares were sold at an average price of $204.35, for a total transaction of $336,973.15. Following the transaction, the insider owned 39,626 shares in the company, valued at $8,097,573.10. This represents a 4.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 9,103 shares of company stock valued at $1,883,924 over the last 90 days. 0.34% of the stock is owned by corporate insiders.

Progressive Profile

Progressive Corporation is a large U.S.-based property and casualty insurer that primarily underwrites personal auto insurance along with a broad suite of related products. Its offerings include coverage for private passenger automobiles, commercial auto fleets, motorcycles, boats and recreational vehicles, as well as homeowners, renters, umbrella and other specialty P&C products. Progressive also provides claims handling, risk management and related services to individual and commercial policyholders.

The company distributes its products through a mix of direct channels—online and by phone—and an extensive independent agent network.