Travelers Companies (NYSE:TRV) Price Target Raised to $385.00

Travelers Companies (NYSE:TRV) had its price target raised by Citigroup from $315.00 to $385.00 in a report published on Monday,Benzinga reports. Citigroup currently has a neutral rating on the insurance provider’s stock.

Other equities analysts have also issued reports about the company. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and issued a $356.00 price objective (up from $342.00) on shares of Travelers Companies in a research note on Wednesday, July 8th. Bank of America increased their target price on shares of Travelers Companies from $283.00 to $307.00 and gave the stock an “underperform” rating in a research report on Monday. Raymond James Financial set a $430.00 price target on shares of Travelers Companies in a report on Monday. TD Cowen cut shares of Travelers Companies from a “hold” rating to a “sell” rating and set a $297.00 price target on the stock. in a research report on Monday, July 13th. Finally, HSBC boosted their price objective 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 equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, fourteen have assigned a Hold rating and five have given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $353.26.

Travelers Companies Trading Up 0.8%

TRV stock opened at $372.62 on Monday. The company has a market cap of $77.72 billion, a price-to-earnings ratio of 9.98, a PEG ratio of 3.03 and a beta of 0.46. The company has a quick ratio of 0.35, a current ratio of 0.33 and a debt-to-equity ratio of 0.27. The business has a fifty day simple moving average of $318.75 and a 200-day simple moving average of $303.25. Travelers Companies has a 52 week low of $252.26 and a 52 week high of $374.00.

Travelers Companies (NYSE:TRV) last issued its earnings results on Friday, July 17th. The insurance provider reported $10.04 earnings per share for the quarter, beating analysts’ consensus estimates of $5.41 by $4.63. The firm had revenue of $12.15 billion for the quarter, compared to analysts’ expectations of $11.26 billion. Travelers Companies had a return on equity of 25.41% and a net margin of 16.95%.The firm’s revenue for the quarter was up .3% compared to the same quarter last year. During the same quarter last year, the firm earned $6.51 earnings per share. On average, equities research analysts expect that Travelers Companies will post 30.81 EPS for the current year.

Travelers Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Thursday, September 10th will be given a dividend of $1.25 per share. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $5.00 annualized dividend and a yield of 1.3%. Travelers Companies’s payout ratio is 13.39%.

Insiders Place Their Bets

In other news, Vice Chairman William H. Heyman sold 1,557 shares of the business’s stock in a transaction on Tuesday, April 28th. The shares were sold at an average price of $310.64, for a total transaction of $483,666.48. Following the transaction, the insider directly owned 259,590 shares of the company’s stock, valued at approximately $80,639,037.60. The trade was a 0.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Michael Frederick Klein sold 10,000 shares of the company’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $307.65, for a total transaction of $3,076,500.00. Following the completion of the transaction, the executive vice president owned 45,125 shares of the company’s stock, valued at $13,882,706.25. This trade represents a 18.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 18,292 shares of company stock worth $5,639,800 in the last 90 days. 1.39% of the stock is owned by company insiders.

Hedge Funds Weigh In On Travelers Companies

A number of institutional investors have recently added to or reduced their stakes in the company. Norges Bank purchased a new position in Travelers Companies in the 4th quarter valued at about $723,339,000. State Street Corp increased its position in shares of Travelers Companies by 3.1% during the fourth quarter. State Street Corp now owns 16,000,457 shares of the insurance provider’s stock worth $4,641,093,000 after acquiring an additional 486,861 shares during the last quarter. AustralianSuper Pty Ltd increased its position in shares of Travelers Companies by 102.0% during the fourth quarter. AustralianSuper Pty Ltd now owns 908,559 shares of the insurance provider’s stock worth $263,537,000 after acquiring an additional 458,746 shares during the last quarter. Amundi lifted its stake in shares of Travelers Companies by 36.6% in the first quarter. Amundi now owns 1,392,468 shares of the insurance provider’s stock worth $406,155,000 after acquiring an additional 373,061 shares in the last quarter. Finally, Woodline Partners LP acquired a new position in shares of Travelers Companies in the third quarter worth about $99,680,000. Institutional investors and hedge funds own 82.45% of the company’s stock.

Travelers Companies News Summary

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

• Positive Sentiment: Zacks upgraded Travelers (TRV) to Rank #2 (Buy), citing improving earnings prospects and increasing optimism that can support the shares in the near term. Article Title
• Positive Sentiment: Analysts at DOWLING & PARTN raised their earnings forecasts for Travelers, lifting FY2026 EPS estimates to $32.50 and FY2027 EPS to $28.75, both above prior views and near or above consensus. Article Title
• Positive Sentiment: Truist Financial increased its price target on TRV to $425, and Citigroup said the stock is expected to rise, reinforcing bullish sentiment around the name. Article Title
• Positive Sentiment: The company’s recent earnings beat and commentary on underwriting discipline, AI-driven gains, and stronger investment income continue to support the stock’s recent momentum. Article Title
• Neutral Sentiment: Some analysts remain cautious: Morgan Stanley raised its price target but kept an underweight rating, highlighting that not all Wall Street views are fully constructive. Article Title

Travelers Companies Company Profile

The Travelers Companies, Inc (NYSE: TRV) is a leading provider of property and casualty insurance products and services. The company underwrites a broad range of commercial and personal insurance lines, offering coverage designed to protect individuals, small and midsize businesses, and large corporate clients against property loss, liability, and other operational risks. Travelers is known for combining underwriting, claims management and risk control services to help clients prevent losses and recover when incidents occur.

On the commercial side, Travelers writes primary and specialty coverages including property, general liability, commercial auto, workers’ compensation, professional and management liability, surety and inland marine.