Deutsche Bank AG Invests $76.72 Million in Assurant, Inc. $AIZ

Deutsche Bank AG bought a new stake in Assurant, Inc. (NYSE:AIZ) during the second quarter, HoldingsChannel.com reports. The fund bought 285,698 shares of the financial services provider’s stock, valued at approximately $76,718,000.

Other hedge funds also recently modified their holdings of the company. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of Assurant during the second quarter valued at approximately $17,023,000. OneDigital Investment Advisors LLC acquired a new stake in Assurant during the second quarter worth approximately $452,000. Nippon Life Global Investors Americas Inc. purchased a new stake in Assurant in the 2nd quarter worth approximately $1,042,000. Global Retirement Partners LLC purchased a new stake in Assurant in the 2nd quarter worth approximately $305,000. Finally, Bank of New York Mellon Corp acquired a new position in Assurant in the 2nd quarter valued at $1,269,591,000. 92.65% of the stock is owned by institutional investors and hedge funds.

More Assurant News

Here are the key news stories impacting Assurant this week:

• Positive Sentiment: Zacks upgraded Assurant (AIZ) to Rank #2, or “Buy,” citing improving earnings prospects. The upgrade may attract additional buying interest and provide near-term support for the stock. Assurant upgraded to Buy
• Positive Sentiment: Zacks Research raised its FY2026 EPS forecast to $21.70 from $20.92, FY2027 EPS to $23.00 from $22.46, and FY2028 EPS to $24.74 from $24.44. It also increased estimates for select future quarters, signaling better-than-previously-expected earnings momentum.
• Neutral Sentiment: A Zacks value-investing analysis highlights the firm’s valuation, growth, momentum and earnings-estimate trends, but does not provide a new price target or a specific catalyst beyond the broader Zacks Rank methodology. Should value investors buy Assurant stock
• Negative Sentiment: Some quarterly forecasts were reduced, including Q3 2026 EPS to $4.36 from $4.39, Q4 2026 EPS to $4.98 from $5.43, and Q4 2027 EPS to $5.65 from $5.76. These cuts could temper enthusiasm, although they are offset by the higher full-year and longer-term estimates.

Assurant Stock Performance

Assurant stock opened at $282.04 on Friday. The stock’s 50-day moving average is $275.87 and its 200-day moving average is $247.46. The company has a market cap of $13.91 billion, a price-to-earnings ratio of 13.47 and a beta of 0.55. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.38 and a quick ratio of 0.38. Assurant, Inc. has a 12 month low of $205.01 and a 12 month high of $303.94.

Assurant (NYSE:AIZ) last released its quarterly earnings data 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 return on equity of 20.40% and a net margin of 7.90%.The business had revenue of $3.45 billion for the quarter, compared to analyst estimates of $3.43 billion. During the same period in the previous year, the company posted $5.56 EPS. The company’s revenue was up 9.4% compared to the same quarter last year. Equities analysts anticipate that Assurant, Inc. will post 21.74 earnings per share for the current year.

Assurant Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 28th. Shareholders of record on Monday, August 31st will be given a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Monday, August 31st. Assurant’s payout ratio is 16.81%.

Insiders Place Their Bets

In other news, EVP Nair Biju sold 3,931 shares of the firm’s stock in a transaction 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 owned 24,247 shares of the company’s stock, valued at approximately $7,333,747.62. This trade represents a 13.95% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Robert Lonergan sold 7,000 shares of Assurant stock in a transaction on Monday, June 22nd. The shares were sold at an average price of $262.71, for a total transaction 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. The trade was a 20.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 12,931 shares of company stock worth $3,539,300 over the last ninety days. 0.54% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of research analysts have weighed in on AIZ shares. UBS Group increased their price target on Assurant from $274.00 to $331.00 and gave the stock a “buy” rating in a research note on Thursday, August 13th. Morgan Stanley upped their target price on Assurant from $300.00 to $320.00 and gave the company an “overweight” rating in a research note on Wednesday. Piper Sandler raised their price target on Assurant from $290.00 to $329.00 and gave the stock an “overweight” rating in a research note on Thursday, August 6th. Wall Street Zen lowered Assurant from a “buy” rating to a “hold” rating in a research note on Saturday, July 25th. Finally, Keefe, Bruyette & Woods lifted their price target on Assurant from $310.00 to $325.00 and gave the company an “outperform” rating in a report on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $316.57.

Assurant Company Profile

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.