NBT Bank N.A. Makes New Investment in The Travelers Companies, Inc. $TRV

NBT Bank N.A. purchased a new stake in The Travelers Companies, Inc. (NYSE:TRV) in the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 1,353 shares of the insurance provider’s stock, valued at approximately $482,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in TRV. BlackRock Inc. acquired a new position in Travelers Companies during the second quarter worth about $6,915,909,000. Dimensional Fund Advisors LP increased its holdings in Travelers Companies by 3.7% in the first quarter. Dimensional Fund Advisors LP now owns 3,484,676 shares of the insurance provider’s stock valued at $1,016,433,000 after buying an additional 123,564 shares in the last quarter. Bank of America Corp DE acquired a new stake in shares of Travelers Companies during the 2nd quarter valued at approximately $932,142,000. GQG Partners LLC acquired a new stake in shares of Travelers Companies during the 2nd quarter valued at approximately $789,024,000. Finally, First Trust Advisors LP lifted its position in shares of Travelers Companies by 7.2% during the 1st quarter. First Trust Advisors LP now owns 1,705,401 shares of the insurance provider’s stock valued at $497,431,000 after acquiring an additional 115,276 shares during the period. Institutional investors and hedge funds own 82.45% of the company’s stock.

Insider Activity at Travelers Companies

In other Travelers Companies news, EVP Gregory Toczydlowski sold 34,771 shares of the firm’s stock in a transaction on Thursday, October 22nd. The stock was sold at an average price of $403.89, for a total transaction of $14,043,659.19. Following the completion of the transaction, the executive vice president owned 18,416 shares of the company’s stock, valued at approximately $7,438,038.24. This trade represents a 65.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Maria Olivo sold 15,100 shares of the business’s stock in a transaction on Wednesday, October 21st. The stock was sold at an average price of $398.44, for a total value of $6,016,444.00. Following the completion of the transaction, the executive vice president directly owned 103,642 shares of the company’s stock, valued at approximately $41,295,118.48. This trade represents a 12.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 166,287 shares of company stock valued at $66,182,760 in the last ninety days. 1.39% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on TRV shares. BMO Capital Markets upped their price target on Travelers Companies from $379.00 to $388.00 and gave the stock a “market perform” rating in a report on Tuesday. Zacks Research cut Travelers Companies from a “strong-buy” rating to a “hold” rating in a report on Friday, October 9th. UBS Group reaffirmed a “neutral” rating on shares of Travelers Companies in a report on Monday, October 19th. Morgan Stanley boosted their target price on Travelers Companies from $330.00 to $350.00 and gave the stock an “underweight” rating in a research report on Friday. Finally, Raymond James Financial set a $430.00 target price on Travelers Companies in a report on Monday, July 20th. Three equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, thirteen have assigned a Hold rating and five have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $365.37.

More Travelers Companies News

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

• Positive Sentiment: DOWLING & PARTN raised its fiscal 2026 EPS estimate for Travelers to $35.75 from $32.50, slightly above the current consensus estimate of $35.65. The revision suggests increased confidence in the insurer’s earnings outlook.
• Positive Sentiment: Keefe, Bruyette & Woods, Mizuho and JPMorgan Chase reportedly increased their price targets for TRV. The target increases add to the positive analyst momentum surrounding the shares. Keefe, Bruyette & Woods price target article Mizuho price target article JPMorgan price target article
• Positive Sentiment: Zacks highlighted Travelers as a potential momentum stock, reflecting its recent price strength and favorable trend signals. Zacks Travelers momentum article
• Positive Sentiment: Diversify Advisory Services increased its TRV holdings by 20.5% in the third quarter. Institutional buying can provide modest support for the stock. Diversify Advisory Services holdings article
• Neutral Sentiment: Travelers’ latest quarterly results were strong, with EPS of $9.18 versus a $7.39 estimate and revenue of $12.41 billion versus an $11.36 billion forecast. However, revenue declined slightly year over year, and the average analyst rating remains Hold.
• Negative Sentiment: EVPs Michael Klein and Maria Olivo sold a combined 22,600 shares worth roughly $9 million. Both executives retained sizable positions, but the transactions may create a modestly negative signal. Michael Klein SEC filing Maria Olivo SEC filing
• Negative Sentiment: BMO Capital maintained a Hold rating and Barclays issued a Sell rating, underscoring concerns about valuation after TRV’s recent advance.

Travelers Companies Stock Performance

Shares of TRV opened at $398.33 on Friday. The Travelers Companies, Inc. has a 12-month low of $264.25 and a 12-month high of $407.86. The stock has a market cap of $81.64 billion, a P/E ratio of 10.44, a PEG ratio of 2.78 and a beta of 0.43. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.34. The company has a 50-day moving average of $371.39 and a two-hundred day moving average of $341.14.

Travelers Companies (NYSE:TRV) last released its quarterly earnings results on Friday, October 16th. The insurance provider reported $9.18 EPS for the quarter, beating 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 analyst estimates of $11.36 billion. During the same period in the prior year, the business earned $8.14 earnings per share. The company’s quarterly revenue was down .5% on a year-over-year basis. As a group, research analysts predict that The Travelers Companies, Inc. will post 35.96 EPS for the current fiscal year.

Travelers Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Thursday, December 10th will be issued a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Thursday, December 10th. Travelers Companies’s dividend payout ratio is 13.11%.

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.