The Progressive Corporation $PGR Stake Boosted by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP raised its position in shares of The Progressive Corporation (NYSE:PGR) by 13.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,207,557 shares of the insurance provider’s stock after buying an additional 263,021 shares during the quarter. Dimensional Fund Advisors LP owned 0.38% of Progressive worth $545,074,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bell Investment Advisors Inc lifted its position in shares of Progressive by 20.8% in the 2nd quarter. Bell Investment Advisors Inc now owns 256 shares of the insurance provider’s stock valued at $68,000 after acquiring an additional 44 shares in the last quarter. Maia Wealth LLC lifted its holdings in shares of Progressive by 5.4% in the second quarter. Maia Wealth LLC now owns 857 shares of the insurance provider’s stock valued at $229,000 after purchasing an additional 44 shares in the last quarter. Selective Wealth Management Inc. boosted its position in shares of Progressive by 2.1% in the third quarter. Selective Wealth Management Inc. now owns 2,207 shares of the insurance provider’s stock worth $538,000 after buying an additional 45 shares during the period. Parkside Financial Bank & Trust grew its holdings in shares of Progressive by 0.9% during the second quarter. Parkside Financial Bank & Trust now owns 5,130 shares of the insurance provider’s stock valued at $1,369,000 after buying an additional 46 shares in the last quarter. Finally, Liberty One Investment Management LLC grew its holdings in shares of Progressive by 3.8% during the third quarter. Liberty One Investment Management LLC now owns 1,291 shares of the insurance provider’s stock valued at $319,000 after buying an additional 47 shares in the last quarter. 85.34% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

PGR has been the subject of a number of research reports. Citigroup decreased their price objective on Progressive from $300.60 to $261.00 and set a “buy” rating for the company in a research report on Tuesday, February 3rd. William Blair cut shares of Progressive from an “outperform” rating to a “market perform” rating in a report on Thursday, December 18th. Evercore set a $230.00 price objective on shares of Progressive in a research note on Thursday, February 19th. The Goldman Sachs Group reiterated a “buy” rating and issued a $225.00 target price on shares of Progressive in a research report on Monday, February 23rd. Finally, 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. Seven analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Progressive has a consensus rating of “Hold” and a consensus price target of $245.50.

Progressive Stock Performance

PGR stock opened at $211.40 on Thursday. The firm has a 50 day moving average of $209.65 and a two-hundred day moving average of $224.51. The Progressive Corporation has a 12 month low of $197.92 and a 12 month high of $292.99. The company has a market capitalization of $123.86 billion, a price-to-earnings ratio of 10.99, a P/E/G ratio of 9.32 and a beta of 0.33. The company has a quick ratio of 0.29, a current ratio of 0.35 and a debt-to-equity ratio of 0.23.

Progressive Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 8th. Shareholders of record on Friday, January 2nd were issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.2%. The ex-dividend date was Friday, January 2nd. Progressive’s dividend payout ratio (DPR) is 2.08%.

Insider Buying and Selling

In related news, insider Maribel Pumarejo sold 739 shares of the firm’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $203.25, for a total value of $150,201.75. The sale was disclosed in a 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 that occurred on Wednesday, January 21st. The stock was sold at an average price of $204.35, for a total value of $336,973.15. Following the sale, the insider directly owned 39,626 shares of the company’s stock, valued at $8,097,573.10. The trade was a 4.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 9,103 shares of company stock worth $1,883,924 over the last ninety days. 0.34% of the stock is currently owned by corporate insiders.

Trending Headlines about Progressive

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

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.