Vise Technologies Inc. Invests $2.40 Million in Assurant, Inc. $AIZ

Vise Technologies Inc. bought a new position in shares of Assurant, Inc. (NYSE:AIZ) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 8,922 shares of the financial services provider’s stock, valued at approximately $2,396,000.

A number of other large investors have also recently bought and sold shares of AIZ. Jones Financial Companies Lllp raised its position in Assurant by 606.7% during the 1st quarter. Jones Financial Companies Lllp now owns 1,060 shares of the financial services provider’s stock worth $222,000 after buying an additional 910 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of Assurant by 19.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 290,759 shares of the financial services provider’s stock valued at $60,987,000 after acquiring an additional 47,548 shares during the last quarter. United Services Automobile Association purchased a new stake in shares of Assurant in the 1st quarter valued at $203,000. Focus Partners Wealth increased its stake in shares of Assurant by 66.6% in the first quarter. Focus Partners Wealth now owns 2,648 shares of the financial services provider’s stock worth $556,000 after acquiring an additional 1,059 shares during the period. Finally, Geneos Wealth Management Inc. increased its stake in shares of Assurant by 57.8% in the first quarter. Geneos Wealth Management Inc. now owns 183 shares of the financial services provider’s stock worth $38,000 after acquiring an additional 67 shares during the period. Hedge funds and other institutional investors own 92.65% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Truist Financial raised their target price on shares of Assurant from $310.00 to $355.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Morgan Stanley upped their price target on shares of Assurant from $300.00 to $320.00 and gave the company an “overweight” rating in a report on Wednesday. UBS Group increased their price target on Assurant from $274.00 to $331.00 and gave the stock a “buy” rating in a research report on Thursday, August 13th. Wall Street Zen lowered Assurant from a “buy” rating to a “hold” rating in a research note on Saturday, July 25th. Finally, Piper Sandler boosted their price objective on Assurant from $290.00 to $329.00 and gave the company an “overweight” rating in a report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $316.57.

Insider Buying and Selling at Assurant

In other Assurant news, EVP Nair Biju sold 3,931 shares of the company’s stock in a transaction dated 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 completion of the transaction, the executive vice president owned 24,247 shares in the company, valued at approximately $7,333,747.62. This represents a 13.95% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Robert Lonergan sold 7,000 shares of the stock in a transaction dated Monday, June 22nd. The stock was sold at an average price of $262.71, for a total transaction of $1,838,970.00. Following the sale, the executive vice president directly owned 27,374 shares in the company, valued at approximately $7,191,423.54. The trade was a 20.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 12,931 shares of company stock valued at $3,539,300. Corporate insiders own 0.54% of the company’s stock.

Assurant Price Performance

Shares of NYSE AIZ opened at $284.14 on Friday. The stock has a market capitalization of $14.01 billion, a price-to-earnings ratio of 13.57 and a beta of 0.55. Assurant, Inc. has a 12 month low of $205.01 and a 12 month high of $303.94. The firm’s 50 day simple moving average is $276.34 and its 200-day simple moving average is $247.72. 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 (NYSE:AIZ) last posted its earnings results 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 net margin of 7.90% and a return on equity of 20.40%. The firm had revenue of $3.45 billion during the quarter, compared to analyst estimates of $3.43 billion. During the same period in the previous year, the firm earned $5.56 EPS. The business’s quarterly revenue was up 9.4% on a year-over-year basis. Analysts expect that Assurant, Inc. will post 22.05 EPS for the current year.

Assurant Dividend Announcement

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

Key Stories Impacting Assurant

Here are the key news stories impacting Assurant this week:

• Positive Sentiment: Zacks upgraded Assurant to a “Buy” rating. The upgrade to Zacks Rank #2 reflects improving earnings-estimate trends and could support continued investor interest in AIZ. Assurant Upgraded to Buy: What Does It Mean for the Stock?
• Positive Sentiment: Several longer-term earnings forecasts were raised. Zacks lifted its FY2026 EPS estimate to $21.70 from $20.92, FY2027 to $23.00 from $22.46, and FY2028 to $24.74 from $24.44. The Q1 2027 forecast also increased substantially to $5.59 from $4.97. These revisions imply stronger projected profitability and exceed or broadly align with the current full-year consensus. Zacks Research Brokers Raise Earnings Estimates for Assurant
• Positive Sentiment: Assurant’s latest reported quarter provides supportive fundamental context: EPS of $6.41 exceeded the $5.17 consensus estimate, while revenue increased 9.4% year over year to $3.45 billion. The earnings beat likely reinforces confidence behind the estimate upgrades.
• Neutral Sentiment: A separate Zacks analysis highlighted Assurant as a potential value investment based on earnings revisions, value, growth and momentum factors. With a reported P/E ratio of about 13.6, valuation may remain attractive, although the article did not provide a specific new price target. Should Value Investors Buy Assurant Stock?
• Negative Sentiment: Near-term estimates were mixed. Zacks lowered Q3 2026 EPS to $4.36 from $4.39 and Q4 2026 to $4.98 from $5.43, while cutting Q4 2027 to $5.65 from $5.76. These reductions could limit upside if upcoming results fall short of expectations.

About Assurant

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.