The Travelers Companies, Inc. (NYSE:TRV – Get Free Report) EVP Andy Bessette sold 3,000 shares of the business’s stock in a transaction on Wednesday, October 28th. The shares were sold at an average price of $399.35, for a total transaction of $1,198,050.00. Following the sale, the executive vice president owned 18,285 shares of the company’s stock, valued at approximately $7,302,114.75. This represents a 14.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Travelers Companies Stock Performance
Shares of TRV traded up $4.34 during trading hours on Thursday, hitting $398.35. The stock had a trading volume of 1,122,945 shares, compared to its average volume of 1,641,000. The stock has a fifty day moving average price of $373.17 and a 200 day moving average price of $328.37. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.33 and a quick ratio of 0.33. The firm has a market capitalization of $81.64 billion, a PE ratio of 10.44, a PEG ratio of 2.78 and a beta of 0.43. The Travelers Companies, Inc. has a 12 month low of $264.25 and a 12 month high of $407.86.
Travelers Companies (NYSE:TRV – Get Free Report) last released its quarterly earnings results on Friday, October 16th. The insurance provider reported $9.18 earnings per share 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 business had revenue of $12.41 billion for the quarter, compared to the consensus estimate of $11.36 billion. During the same period last year, the firm earned $8.14 earnings per share. The company’s quarterly revenue was down .5% on a year-over-year basis. Analysts anticipate that The Travelers Companies, Inc. will post 36.08 EPS for the current year.
Travelers Companies Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Thursday, December 10th will be given a dividend of $1.25 per share. The ex-dividend date is Thursday, December 10th. This represents a $5.00 annualized dividend and a dividend yield of 1.3%. Travelers Companies’s dividend payout ratio (DPR) is presently 13.11%.
Institutional Trading of Travelers Companies
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Bank Julius Baer & Co. Ltd Zurich acquired a new stake in shares of Travelers Companies during the third quarter worth $3,054,000. Virtue Capital Management LLC acquired a new stake in shares of Travelers Companies in the 3rd quarter valued at about $339,000. Sumitomo Mitsui Trust Group Inc. lifted its position in shares of Travelers Companies by 1.3% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 773,605 shares of the insurance provider’s stock worth $275,798,000 after purchasing an additional 10,066 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Travelers Companies in the 3rd quarter valued at about $34,485,000. Finally, Aviance Capital Partners LLC raised its stake in shares of Travelers Companies by 0.8% during the 3rd quarter. Aviance Capital Partners LLC now owns 35,893 shares of the insurance provider’s stock worth $12,796,000 after purchasing an additional 297 shares in the last quarter. Hedge funds and other institutional investors own 82.45% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities analysts recently issued reports on the company. Piper Sandler boosted their price objective on Travelers Companies to $340.00 and gave the company an “overweight” rating in a report on Monday, July 13th. Truist Financial raised their target price on shares of Travelers Companies from $425.00 to $435.00 and gave the company a “buy” rating in a research note on Monday, October 19th. Wells Fargo & Company upped their price target on shares of Travelers Companies from $341.00 to $377.00 and gave the company an “equal weight” rating in a research note on Monday, October 19th. Keefe, Bruyette & Woods boosted their target price on shares of Travelers Companies from $372.00 to $382.00 and gave the company a “market perform” rating in a research report on Tuesday, October 20th. Finally, The Goldman Sachs Group downgraded shares of Travelers Companies from a “neutral” rating to a “sell” rating and set a $350.00 price target on the stock. in a report on Monday, July 20th. Three analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, thirteen have given a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $366.37.
Get Our Latest Stock Analysis on Travelers Companies
Trending Headlines about Travelers Companies
Here are the key news stories impacting Travelers Companies this week:
- Positive Sentiment: Travelers launched an AI-powered workers’ compensation quoting tool that can cut quote-production time roughly in half. Faster submissions could improve agent efficiency, increase competitiveness, and support growth in small commercial insurance. TRV Launches AI Quoting Tool to Target Workers’ Compensation Growth
- Positive Sentiment: Investors continue to view TRV as an attractive value stock, supported by a relatively low earnings multiple, strong profitability, and a modest dividend payout ratio. The company’s latest quarterly results also exceeded expectations, with earnings of $9.18 per share versus the $7.39 consensus estimate and revenue above forecasts. Why Travelers is a Top Value Stock for the Long-Term
- Neutral Sentiment: Travelers declared a quarterly dividend of $1.25, or $5.00 annually, representing a yield of approximately 1.3%. The low payout ratio supports dividend sustainability, although the yield is not especially high for income-focused investors. Dividend-Paying Dow Jones Industrial Stocks
- Neutral Sentiment: Analyst views remain divided. Some firms have raised price targets, but the broader consensus is still “Hold,” with an average target below the current trading level, potentially limiting near-term upside.
- Negative Sentiment: Executive Vice President Mojgan Lefebvre sold 11,000 shares worth approximately $4.33 million, reducing her direct holdings by 50%. The transaction may weigh modestly on sentiment, although insider sales can reflect personal financial planning rather than a change in the company’s outlook. Travelers Executive Insider Sale
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.
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