Applied Finance Capital Management LLC Sells 1,905 Shares of The Travelers Companies, Inc. $TRV

Applied Finance Capital Management LLC reduced its position in shares of The Travelers Companies, Inc. (NYSE:TRV) by 2.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 79,098 shares of the insurance provider’s stock after selling 1,905 shares during the period. Travelers Companies makes up about 1.7% of Applied Finance Capital Management LLC’s portfolio, making the stock its 18th biggest holding. Applied Finance Capital Management LLC’s holdings in Travelers Companies were worth $23,071,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC lifted its holdings in shares of Travelers Companies by 3.3% during the first quarter. International Assets Investment Management LLC now owns 2,117 shares of the insurance provider’s stock worth $615,000 after buying an additional 67 shares in the last quarter. Diversify Wealth Management LLC grew its stake in shares of Travelers Companies by 994.3% in the first quarter. Diversify Wealth Management LLC now owns 8,218 shares of the insurance provider’s stock valued at $2,484,000 after acquiring an additional 7,467 shares in the last quarter. Ferguson Wellman Capital Management Inc. grew its stake in shares of Travelers Companies by 0.4% in the first quarter. Ferguson Wellman Capital Management Inc. now owns 18,611 shares of the insurance provider’s stock valued at $5,428,000 after acquiring an additional 76 shares in the last quarter. Citizens Financial Group Inc. RI increased its position in Travelers Companies by 4.3% during the first quarter. Citizens Financial Group Inc. RI now owns 45,183 shares of the insurance provider’s stock worth $13,179,000 after acquiring an additional 1,881 shares during the period. Finally, Fifth Third Bancorp increased its position in Travelers Companies by 439.9% during the first quarter. Fifth Third Bancorp now owns 103,341 shares of the insurance provider’s stock worth $30,142,000 after acquiring an additional 84,202 shares during the period. 82.45% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Travelers Companies

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.

Insiders Place Their Bets

In other news, insider Avrohom J. Kess sold 6,735 shares of the company’s stock in a transaction on Tuesday, April 28th. The shares were sold at an average price of $308.78, for a total transaction of $2,079,633.30. Following the completion of the transaction, the insider directly owned 48,737 shares in the company, valued at approximately $15,049,010.86. This represents a 12.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Vice Chairman William H. Heyman sold 1,557 shares of the 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 owned 259,590 shares of the company’s stock, valued at $80,639,037.60. The trade was a 0.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 37,573 shares of company stock worth $11,504,146 over the last 90 days. Insiders own 1.39% of the company’s stock.

Travelers Companies Stock Performance

Travelers Companies stock opened at $338.80 on Monday. The Travelers Companies, Inc. has a 12-month low of $249.19 and a 12-month high of $349.35. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 0.29. The business’s 50-day moving average price is $310.19 and its two-hundred day moving average price is $299.82. The stock has a market cap of $72.04 billion, a PE ratio of 10.08, a P/E/G ratio of 3.04 and a beta of 0.46.

Travelers Companies (NYSE:TRV) last posted its earnings results on Thursday, April 16th. The insurance provider reported $7.71 EPS for the quarter, topping analysts’ consensus estimates of $6.80 by $0.91. Travelers Companies had a net margin of 15.54% and a return on equity of 24.06%. The firm had revenue of $11.92 billion during the quarter, compared to analysts’ expectations of $11.11 billion. During the same quarter in the prior year, the business earned $1.91 earnings per share. The business’s revenue for the quarter was down 1.7% compared to the same quarter last year. As a group, 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. Investors of record on Wednesday, June 10th were paid a $1.25 dividend. This represents a $5.00 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend was Wednesday, June 10th. This is a positive change from Travelers Companies’s previous quarterly dividend of $1.10. Travelers Companies’s payout ratio is currently 14.88%.

Wall Street Analyst Weigh In

A number of research firms have issued reports on TRV. Cantor Fitzgerald boosted their price objective on shares of Travelers Companies from $335.00 to $360.00 and gave the company an “overweight” rating in a report on Thursday. HSBC lifted their price objective on Travelers Companies from $321.00 to $351.00 and gave the company a “hold” rating in a report on Monday, July 6th. Evercore set a $329.00 price objective on shares of Travelers Companies and gave the stock an “in-line” rating in a research report on Friday. Piper Sandler raised their target price on shares of Travelers Companies from $329.00 to $340.00 and gave the company an “overweight” rating in a report on Tuesday, May 26th. Finally, Keefe, Bruyette & Woods restated a “market perform” rating and issued a $356.00 target price (up from $342.00) on shares of Travelers Companies in a research report on Wednesday, July 8th. Three equities research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, thirteen have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Travelers Companies currently has a consensus rating of “Hold” and an average price target of $333.11.

About Travelers Companies

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.