Stewart Information Services Corporation $STC Shares Purchased by Capital International Investors

Capital International Investors boosted its holdings in Stewart Information Services Corporation (NYSE:STC) by 10.2% during the 4th quarter, Holdings Channel reports. The fund owned 842,077 shares of the insurance provider’s stock after acquiring an additional 77,618 shares during the quarter. Capital International Investors’ holdings in Stewart Information Services were worth $59,164,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in the business. 1492 Capital Management LLC increased its position in Stewart Information Services by 3.5% in the 4th quarter. 1492 Capital Management LLC now owns 34,682 shares of the insurance provider’s stock valued at $2,437,000 after acquiring an additional 1,157 shares during the period. Seven Grand Managers LLC acquired a new stake in Stewart Information Services in the 4th quarter valued at approximately $1,756,000. Geode Capital Management LLC increased its position in Stewart Information Services by 0.3% in the 4th quarter. Geode Capital Management LLC now owns 663,625 shares of the insurance provider’s stock valued at $46,634,000 after acquiring an additional 2,234 shares during the period. Penn Capital Management Company LLC increased its position in Stewart Information Services by 18.9% in the 4th quarter. Penn Capital Management Company LLC now owns 37,433 shares of the insurance provider’s stock valued at $2,630,000 after acquiring an additional 5,940 shares during the period. Finally, Cooke & Bieler LP increased its position in Stewart Information Services by 2.1% in the 4th quarter. Cooke & Bieler LP now owns 563,003 shares of the insurance provider’s stock valued at $39,557,000 after acquiring an additional 11,484 shares during the period. 96.90% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CFO David C. Hisey sold 10,992 shares of Stewart Information Services stock in a transaction on Friday, April 24th. The stock was sold at an average price of $71.28, for a total transaction of $783,509.76. Following the transaction, the chief financial officer owned 61,929 shares in the company, valued at approximately $4,414,299.12. The trade was a 15.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director C Allen Bradley, Jr. purchased 1,000 shares of the stock in a transaction dated Monday, June 1st. The shares were acquired at an average price of $63.87 per share, for a total transaction of $63,870.00. Following the acquisition, the director directly owned 25,034 shares of the company’s stock, valued at $1,598,921.58. This represents a 4.16% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 2.94% of the company’s stock.

Stewart Information Services Stock Performance

Shares of STC stock opened at $65.03 on Tuesday. Stewart Information Services Corporation has a 1-year low of $56.39 and a 1-year high of $78.61. The company has a current ratio of 2.12, a quick ratio of 2.12 and a debt-to-equity ratio of 0.39. The company has a market capitalization of $1.98 billion, a price-to-earnings ratio of 14.52 and a beta of 0.99. The stock’s fifty day simple moving average is $66.17 and its 200-day simple moving average is $68.15.

Stewart Information Services (NYSE:STC) last issued its quarterly earnings results on Wednesday, April 22nd. The insurance provider reported $0.78 earnings per share for the quarter, beating analysts’ consensus estimates of $0.52 by $0.26. Stewart Information Services had a return on equity of 10.07% and a net margin of 4.19%.The business had revenue of $778.40 million for the quarter, compared to the consensus estimate of $730.43 million. During the same quarter in the previous year, the company posted $0.25 earnings per share. Stewart Information Services’s revenue for the quarter was up 27.7% compared to the same quarter last year. On average, sell-side analysts predict that Stewart Information Services Corporation will post 5.8 earnings per share for the current fiscal year.

Stewart Information Services Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be issued a dividend of $0.525 per share. The ex-dividend date is Monday, June 15th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 3.2%. Stewart Information Services’s payout ratio is currently 46.88%.

Analyst Ratings Changes

Several analysts recently commented on the company. Keefe, Bruyette & Woods raised their target price on Stewart Information Services from $78.00 to $81.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. Weiss Ratings raised Stewart Information Services from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday. Stephens reiterated an “overweight” rating and set a $88.00 price target on shares of Stewart Information Services in a research report on Monday, May 18th. Zacks Research upgraded Stewart Information Services to a “hold” rating in a research report on Wednesday, May 27th. Finally, Wall Street Zen upgraded Stewart Information Services from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $83.00.

Stewart Information Services Profile

Stewart Information Services Corporation (NYSE: STC) is a publicly traded provider of title insurance and real estate transaction services. The company underwrites title insurance policies for residential and commercial properties, offering lenders and property owners protection against title defects and liens. Beyond title insurance, Stewart delivers a range of ancillary services, including closing and escrow administration, property valuation, and risk mitigation solutions designed to streamline the mortgage process and reduce operational complexity for clients.

In addition to core title and settlement services, Stewart offers technology-driven products aimed at enhancing transparency and efficiency in real estate transactions.