Travelers Companies (NYSE:TRV – Free Report) had its price objective hoisted by Truist Financial from $395.00 to $425.00 in a research report sent to investors on Monday morning, Marketbeat reports. They currently have a buy rating on the insurance provider’s stock.
A number of other brokerages have also issued reports on TRV. Keefe, Bruyette & Woods restated a “market perform” rating and set a $356.00 target price (up from $342.00) on shares of Travelers Companies in a research report on Wednesday, July 8th. Morgan Stanley downgraded shares of Travelers Companies from an “equal weight” rating to an “underweight” rating and reduced their price target for the company from $333.00 to $290.00 in a research report on Wednesday, July 15th. Raymond James Financial set a $430.00 price target on shares of Travelers Companies in a research note on Monday. Mizuho raised their price objective on shares of Travelers Companies from $304.00 to $324.00 and gave the stock a “neutral” rating in a research report on Thursday, July 9th. Finally, 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. Three investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, fourteen have given a Hold rating and five have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $353.26.
Read Our Latest Stock Analysis on Travelers Companies
Travelers Companies Trading Up 0.8%
Travelers Companies (NYSE:TRV – Get Free Report) last released its quarterly earnings results on Friday, July 17th. The insurance provider reported $10.04 EPS for the quarter, topping the consensus estimate of $5.41 by $4.63. Travelers Companies had a return on equity of 25.41% and a net margin of 16.95%.The company had revenue of $12.15 billion for the quarter, compared to analyst estimates of $11.26 billion. During the same quarter in the previous year, the company posted $6.51 earnings per share. The firm’s revenue was up .3% compared to the same quarter last year. On average, research analysts anticipate that Travelers Companies will post 30.81 EPS for the current year.
Travelers Companies Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Thursday, September 10th will be issued a $1.25 dividend. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 1.3%. Travelers Companies’s payout ratio is presently 13.39%.
Insider Transactions at Travelers Companies
In related news, Vice Chairman William H. Heyman sold 1,557 shares of Travelers Companies 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 transaction, the insider directly owned 259,590 shares in the company, valued at $80,639,037.60. This trade represents a 0.60% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Michael Frederick Klein sold 10,000 shares of the business’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $307.65, for a total transaction of $3,076,500.00. Following the completion of the transaction, the executive vice president directly owned 45,125 shares in the company, valued at $13,882,706.25. This represents a 18.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 18,292 shares of company stock worth $5,639,800 over the last 90 days. 1.39% of the stock is currently owned by insiders.
Institutional Trading of Travelers Companies
Several hedge funds have recently made changes to their positions in the company. HHM Wealth Advisors LLC lifted its position in Travelers Companies by 145.7% in the first quarter. HHM Wealth Advisors LLC now owns 86 shares of the insurance provider’s stock valued at $25,000 after purchasing an additional 51 shares during the period. Whipplewood Advisors LLC purchased a new stake in Travelers Companies in the 1st quarter valued at approximately $26,000. LifeSteps Financial Inc. acquired a new position in Travelers Companies during the 2nd quarter worth approximately $26,000. Kemnay Advisory Services Inc. acquired a new position in Travelers Companies during the 4th quarter worth approximately $26,000. Finally, Osterweis Capital Management Inc. raised its stake in shares of Travelers Companies by 1,820.0% during the 2nd quarter. Osterweis Capital Management Inc. now owns 96 shares of the insurance provider’s stock worth $26,000 after buying an additional 91 shares in the last quarter. Institutional investors and hedge funds own 82.45% of the company’s stock.
Travelers Companies News Roundup
Here are the key news stories impacting Travelers Companies this week:
- Positive Sentiment: Zacks upgraded Travelers (TRV) to Rank #2 (Buy), citing improving earnings prospects and increasing optimism that can support the shares in the near term. Article Title
- Positive Sentiment: Analysts at DOWLING & PARTN raised their earnings forecasts for Travelers, lifting FY2026 EPS estimates to $32.50 and FY2027 EPS to $28.75, both above prior views and near or above consensus. Article Title
- Positive Sentiment: Truist Financial increased its price target on TRV to $425, and Citigroup said the stock is expected to rise, reinforcing bullish sentiment around the name. Article Title
- Positive Sentiment: The company’s recent earnings beat and commentary on underwriting discipline, AI-driven gains, and stronger investment income continue to support the stock’s recent momentum. Article Title
- Neutral Sentiment: Some analysts remain cautious: Morgan Stanley raised its price target but kept an underweight rating, highlighting that not all Wall Street views are fully constructive. Article Title
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.
Featured Articles
- Five stocks we like better than Travelers Companies
- Could Truth API Become Trump Media’s First Meaningful Revenue Driver?
- Small Caps Are Crushing the S&P 500—3 Stocks Still Worth Buying
- Moog Is More Than a Missile Maker, and Wall Street Is Noticing
- A Boring Dividend Growth Strategy Becomes a Solid Defensive Play
Receive News & Ratings for Travelers Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Travelers Companies and related companies with MarketBeat.com's FREE daily email newsletter.
