Thrivent Financial for Lutherans Purchases 71,474 Shares of MGIC Investment Corporation $MTG

Thrivent Financial for Lutherans grew its position in shares of MGIC Investment Corporation (NYSE:MTG) by 17.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 472,083 shares of the insurance provider’s stock after purchasing an additional 71,474 shares during the period. Thrivent Financial for Lutherans owned about 0.21% of MGIC Investment worth $13,393,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. True Wealth Design LLC boosted its stake in MGIC Investment by 262.5% in the second quarter. True Wealth Design LLC now owns 1,004 shares of the insurance provider’s stock worth $28,000 after buying an additional 727 shares in the last quarter. Alpine Bank Wealth Management bought a new stake in shares of MGIC Investment in the 3rd quarter worth approximately $28,000. Hantz Financial Services Inc. boosted its stake in shares of MGIC Investment by 3,067.6% in the 2nd quarter. Hantz Financial Services Inc. now owns 1,077 shares of the insurance provider’s stock valued at $30,000 after purchasing an additional 1,043 shares in the last quarter. Employees Retirement System of Texas bought a new position in shares of MGIC Investment during the 2nd quarter valued at $32,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. raised its position in MGIC Investment by 118.0% in the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,308 shares of the insurance provider’s stock worth $36,000 after purchasing an additional 708 shares during the period. 95.58% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, CEO Timothy J. Mattke sold 139,203 shares of MGIC Investment stock in a transaction dated Tuesday, January 13th. The shares were sold at an average price of $26.51, for a total transaction of $3,690,271.53. Following the sale, the chief executive officer owned 822,588 shares of the company’s stock, valued at approximately $21,806,807.88. The trade was a 14.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO Salvatore A. Miosi sold 30,000 shares of the business’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $27.27, for a total transaction of $818,100.00. Following the transaction, the chief operating officer owned 454,245 shares in the company, valued at $12,387,261.15. This represents a 6.20% decrease in their position. The SEC filing for this sale provides additional information. 1.05% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. Keefe, Bruyette & Woods upped their price target on shares of MGIC Investment from $27.00 to $28.00 and gave the company a “market perform” rating in a research report on Thursday, December 18th. Barclays dropped their target price on MGIC Investment from $30.00 to $28.00 and set an “equal weight” rating for the company in a report on Wednesday. Finally, Weiss Ratings reaffirmed a “buy (a-)” rating on shares of MGIC Investment in a research note on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $27.50.

More MGIC Investment News

Here are the key news stories impacting MGIC Investment this week:

• Positive Sentiment: Management set clear 2026 targets: MGIC expects insurance‑in‑force to be broadly stable, is targeting $190M–$200M in operating expenses and said it is strengthening reinsurance — actions that reduce volatility to capital and earnings. MGIC outlines 2026 insurance in force stability and targets $190M–$200M
• Positive Sentiment: Q4 EPS beat and strong profitability metrics: MGIC reported $0.75 EPS (above consensus) and delivered solid full‑year net income, high net margin and ROE — underlining earnings power even as revenue slipped. MGIC Q4 Earnings Beat Estimates, Revenues Miss
• Positive Sentiment: Dividend maintained/announced: MGIC set a quarterly dividend (offsetting some investor income concerns and signaling capital confidence). Q4 Results / Dividend Announcement
• Neutral Sentiment: Earnings call/transcript available for detail: Management provided slides and a transcript that explain loss‑ratio drivers and reserve positions — read if you need nuance on sustainability. Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Analyst repositioning: Barclays adjusted its price target to $28 and keeps an equal‑weight rating — a modestly tempered outlook that still implies limited upside. Barclays price target update
• Negative Sentiment: Top‑line miss and margin pressure: Revenue came in below consensus (~$298.7M vs. ~$308M expected) and commentary flagged a higher year‑over‑year loss ratio, which pressures near‑term underwriting margins. Topline miss and loss ratio increase
• Negative Sentiment: Insider sale: COO Salvatore Miosi sold 30,000 shares (reducing his stake ~6.2%), a signal some investors treat negatively even if for personal/liquidity reasons. Insider sale: Salvatore Miosi

MGIC Investment Stock Up 1.8%

Shares of NYSE:MTG opened at $26.60 on Thursday. The stock’s 50-day moving average is $28.13 and its 200 day moving average is $27.73. The company has a market cap of $5.95 billion, a PE ratio of 8.47, a P/E/G ratio of 1.47 and a beta of 0.83. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.78 and a quick ratio of 1.48. MGIC Investment Corporation has a 1 year low of $21.94 and a 1 year high of $29.97.

MGIC Investment (NYSE:MTG) last released its quarterly earnings data on Monday, February 2nd. The insurance provider reported $0.75 earnings per share for the quarter, topping the consensus estimate of $0.73 by $0.02. MGIC Investment had a return on equity of 14.33% and a net margin of 60.84%.The business had revenue of $298.65 million during the quarter, compared to analysts’ expectations of $308.19 million. During the same quarter last year, the business posted $0.72 EPS. The business’s revenue was down .9% on a year-over-year basis. Sell-side analysts anticipate that MGIC Investment Corporation will post 2.71 EPS for the current year.

MGIC Investment Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 6th. Investors of record on Tuesday, February 17th will be issued a $0.15 dividend. The ex-dividend date is Tuesday, February 17th. This represents a $0.60 annualized dividend and a yield of 2.3%. MGIC Investment’s payout ratio is 19.11%.

MGIC Investment Company Profile

MGIC Investment Corporation (NYSE: MTG) is a leading provider of private mortgage insurance in the United States. Established in 1957 as the nation’s first private mortgage insurer, MGIC helps lenders manage credit risk and facilitates homeownership by protecting mortgage loans against default. Headquartered in Milwaukee, Wisconsin, the company operates through its principal subsidiary, Mortgage Guaranty Insurance Corporation, and maintains relationships with a broad network of originators and servicers nationwide.

The company’s primary business activity involves issuing mortgage insurance policies that enable borrowers to purchase homes with down payments below traditional lending thresholds.