Tevis Investment Management Sells 1,490 Shares of The Travelers Companies, Inc. $TRV

Tevis Investment Management lessened its holdings in shares of The Travelers Companies, Inc. (NYSE:TRV) by 22.6% in the first quarter, according to its most recent filing with the SEC. The firm owned 5,115 shares of the insurance provider’s stock after selling 1,490 shares during the period. Tevis Investment Management’s holdings in Travelers Companies were worth $1,492,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. HHM Wealth Advisors LLC grew its stake in shares of Travelers Companies by 145.7% during the first quarter. HHM Wealth Advisors LLC now owns 86 shares of the insurance provider’s stock worth $25,000 after purchasing an additional 51 shares during the period. Whipplewood Advisors LLC acquired a new position in Travelers Companies in the first quarter valued at about $26,000. Kemnay Advisory Services Inc. bought a new position in Travelers Companies during the fourth quarter worth about $26,000. Osterweis Capital Management Inc. boosted its holdings in Travelers Companies by 1,820.0% during the second quarter. Osterweis Capital Management Inc. now owns 96 shares of the insurance provider’s stock worth $26,000 after buying an additional 91 shares during the last quarter. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in shares of Travelers Companies during the 4th quarter worth about $28,000. Institutional investors own 82.45% of the company’s stock.

Travelers Companies Trading Down 0.0%

NYSE:TRV opened at $338.80 on Monday. The Travelers Companies, Inc. has a fifty-two week low of $249.19 and a fifty-two week high of $349.35. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.35 and a quick ratio of 0.35. The stock has a market capitalization of $72.04 billion, a PE ratio of 10.08, a price-to-earnings-growth ratio of 3.04 and a beta of 0.46. The business’s 50-day simple moving average is $310.19 and its 200-day simple moving average is $299.82.

Travelers Companies (NYSE:TRV) last issued its quarterly earnings data on Thursday, April 16th. The insurance provider reported $7.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.80 by $0.91. The business had revenue of $11.92 billion during the quarter, compared to analyst estimates of $11.11 billion. Travelers Companies had a return on equity of 24.06% and a net margin of 15.54%.Travelers Companies’s quarterly revenue was down 1.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.91 EPS. Sell-side analysts expect that The Travelers Companies, Inc. will post 28.17 earnings per share for the current fiscal year.

Travelers Companies Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Wednesday, June 10th were given a dividend of $1.25 per share. This is a positive change from Travelers Companies’s previous quarterly dividend of $1.10. This represents a $5.00 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend was Wednesday, June 10th. Travelers Companies’s payout ratio is currently 14.88%.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. JPMorgan Chase & Co. raised Travelers Companies from an “underweight” rating to a “neutral” rating and upped their price target for the company from $316.00 to $322.00 in a research note on Tuesday, May 26th. Wells Fargo & Company boosted their price objective on shares of Travelers Companies from $295.00 to $334.00 and gave the company an “equal weight” rating in a report on Thursday. Truist Financial initiated coverage on shares of Travelers Companies in a research note on Friday. They issued a “buy” rating and a $395.00 target price for the company. HSBC increased their target price on shares of Travelers Companies from $321.00 to $351.00 and gave the stock a “hold” rating in a report on Monday, July 6th. Finally, UBS Group lifted their price target on shares of Travelers Companies from $314.00 to $350.00 and gave the stock a “neutral” rating in a research report on Wednesday. Three research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, thirteen have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $333.11.

Insider Activity at Travelers Companies

In related news, Vice Chairman William H. Heyman sold 1,557 shares of the company’s stock in a transaction on Tuesday, April 28th. The shares were sold at an average price of $310.64, for a total value of $483,666.48. Following the completion of the transaction, the insider directly owned 259,590 shares of the company’s stock, valued at approximately $80,639,037.60. This represents a 0.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Avrohom J. Kess sold 6,735 shares of the stock in a transaction dated Tuesday, April 28th. The stock was sold at an average price of $308.78, for a total value of $2,079,633.30. Following the transaction, the insider owned 48,737 shares of the company’s stock, valued at approximately $15,049,010.86. This trade represents a 12.14% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 37,573 shares of company stock valued at $11,504,146 over the last three months. Insiders own 1.39% of the company’s stock.

More Travelers Companies News

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

• Positive Sentiment: Truist initiated coverage on Travelers with a Buy rating and a $395 price target, which implies meaningful upside from current levels.
• Positive Sentiment: Wells Fargo raised its price target to $334 and Mizuho lifted its target to $324, signaling continued confidence in the insurer’s valuation and fundamentals.
• Positive Sentiment: Dowling & Partners increased its FY2026 EPS estimate for Travelers to $28.00, nearly matching the Street consensus and reinforcing expectations for solid earnings performance.
• Positive Sentiment: Zacks highlighted Travelers’ strong earnings surprise history and said the company has the right setup to beat estimates again in the next report, adding to bullish sentiment ahead of earnings. Article: Will Travelers (TRV) Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: Another Zacks note said Travelers is expected to beat earnings estimates in its upcoming Q2 release, keeping investor focus on a potentially strong earnings event. Article: Travelers (TRV) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release
• Neutral Sentiment: Brokerage sentiment remains mixed overall, with an average recommendation of Hold, suggesting analysts are constructive but not universally bullish.
• Neutral Sentiment: Travelers is scheduled to report quarterly earnings soon, and traders appear to be positioning ahead of the results. Article: Travelers Companies (TRV) Expected to Announce Quarterly Earnings on Friday
• Negative Sentiment: Some analyst targets remain below the current share price, implying limited short-term upside if results fail to impress.

Travelers Companies 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.