13,686 The Travelers Companies, Inc. $TRV Shares Purchased by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. increased its position in shares of The Travelers Companies, Inc. (NYSE:TRV) by 155.4% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 22,494 shares of the insurance provider’s stock after purchasing an additional 13,686 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Travelers Companies were worth $8,019,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. BlackRock Inc. purchased a new position in Travelers Companies during the 2nd quarter worth approximately $6,915,909,000. Dimensional Fund Advisors LP lifted its stake in Travelers Companies by 3.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,484,676 shares of the insurance provider’s stock valued at $1,016,433,000 after acquiring an additional 123,564 shares during the period. Bank of America Corp DE acquired a new stake in Travelers Companies during the 2nd quarter valued at approximately $932,142,000. GQG Partners LLC acquired a new stake in Travelers Companies during the 2nd quarter valued at approximately $789,024,000. Finally, First Trust Advisors LP boosted its holdings in shares of Travelers Companies by 7.2% in 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 last quarter. Hedge funds and other institutional investors own 82.45% of the company’s stock.

Insiders Place Their Bets

In other Travelers Companies news, EVP Michael Klein sold 7,500 shares of Travelers Companies stock in a transaction on Tuesday, October 20th. The shares were sold at an average price of $392.79, for a total value of $2,945,925.00. Following the completion of the transaction, the executive vice president owned 45,125 shares of the company’s stock, valued at approximately $17,724,648.75. The trade was a 14.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Maria Olivo sold 15,100 shares of Travelers Companies stock in a transaction on Wednesday, October 21st. The shares were sold at an average price of $398.44, for a total transaction 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 $41,295,118.48. The trade was a 12.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 28,600 shares of company stock worth $11,181,529 over the last three months. 1.39% of the stock is currently owned by insiders.

Travelers Companies Trading Up 1.7%

Travelers Companies stock opened at $405.64 on Friday. 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 Travelers Companies, Inc. has a 12 month low of $264.25 and a 12 month high of $407.87. The stock’s 50 day simple moving average is $370.83 and its two-hundred day simple moving average is $340.73. The firm has a market cap of $83.14 billion, a PE ratio of 10.64, a P/E/G ratio of 2.81 and a beta of 0.43.

Travelers Companies (NYSE:TRV) last issued its quarterly earnings data on Friday, October 16th. The insurance provider reported $9.18 EPS for the quarter, topping analysts’ consensus estimates of $7.39 by $1.79. The business had revenue of $12.41 billion for the quarter, compared to analysts’ expectations of $11.36 billion. Travelers Companies had a net margin of 17.03% and a return on equity of 26.19%. The business’s revenue was down .5% on a year-over-year basis. During the same quarter last year, the company earned $8.14 EPS. Analysts anticipate that The Travelers Companies, Inc. will post 35.65 earnings per share for the current year.

Travelers Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 31st. Investors of record on Thursday, December 10th will be issued a dividend of $1.25 per share. The ex-dividend date of this dividend is Thursday, December 10th. This represents a $5.00 dividend on an annualized basis and a yield of 1.2%. Travelers Companies’s dividend payout ratio is 13.11%.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. TD Cowen lowered shares of Travelers Companies from a “hold” rating to a “sell” rating and set a $297.00 price objective on the stock. in a research note on Monday, July 13th. Piper Sandler raised their target price on shares of Travelers Companies to $340.00 and gave the stock an “overweight” rating in a report on Monday, July 13th. Morgan Stanley boosted their target price on shares of Travelers Companies from $290.00 to $330.00 and gave the company an “underweight” rating in a research report on Tuesday, July 21st. Raymond James Financial set a $430.00 price target on shares of Travelers Companies in a report on Monday, July 20th. Finally, HSBC increased their price target on Travelers Companies from $321.00 to $351.00 and gave the stock a “hold” rating in a research report on Monday, July 6th. Three investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, thirteen have assigned a Hold rating and five have given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $364.32.

Travelers Companies News Roundup

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

• Positive Sentiment: Keefe, Bruyette & Woods, Mizuho, and JPMorgan Chase each raised their price targets for Travelers, signaling greater confidence in the insurer’s earnings outlook and supporting the stock’s recent strength. Keefe, Bruyette & Woods price target article Mizuho price target article JPMorgan price target article
• Positive Sentiment: Wells Fargo said Travelers’ stock is expected to rise, while Truist Financial also increased its price target. These revisions add to the positive analyst momentum around the company. Wells Fargo analyst article Truist Financial price target article
• Positive Sentiment: A recent investment article highlighted Travelers’ strong underwriting profitability, noting that the company retains roughly 16 cents of each premium dollar as underwriting profit. Its latest reported quarter also exceeded consensus estimates for both earnings and revenue, reinforcing the investment case. Insurance stocks investment article
• Neutral Sentiment: Analyst views remain mixed: BMO Capital assigned a Hold rating, while Barclays issued a Sell rating. The split suggests valuation and future growth remain areas of debate despite the recent target increases. BMO Hold rating Barclays Sell rating
• Negative Sentiment: Travelers executives Michael Klein and Maria Olivo sold a combined 22,600 shares worth approximately $9 million. Although both retained substantial holdings, the sales reduce insider ownership and may create a modest negative signal for investors. Michael Klein SEC filing Maria Olivo SEC filing

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.