Corient Private Wealth LP Purchases New Stake in Stewart Information Services Corporation $STC

Corient Private Wealth LP acquired a new position in shares of Stewart Information Services Corporation (NYSE:STC) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 26,692 shares of the insurance provider’s stock, valued at approximately $1,762,000.

Several other large investors have also recently bought and sold shares of STC. Caitong International Asset Management Co. Ltd acquired a new stake in Stewart Information Services in the fourth quarter valued at $43,000. Horizon Investments LLC purchased a new stake in shares of Stewart Information Services during the 4th quarter worth $65,000. Kemnay Advisory Services Inc. acquired a new position in shares of Stewart Information Services during the 4th quarter worth $66,000. Clearstead Advisors LLC grew its stake in shares of Stewart Information Services by 50.9% during the 4th quarter. Clearstead Advisors LLC now owns 981 shares of the insurance provider’s stock worth $69,000 after purchasing an additional 331 shares during the period. Finally, Persistent Asset Partners Ltd purchased a new position in shares of Stewart Information Services in the 2nd quarter valued at about $84,000. Hedge funds and other institutional investors own 96.90% of the company’s stock.

Analyst Ratings Changes

Several analysts recently commented on the stock. Stephens reiterated an “overweight” rating and issued a $88.00 price objective on shares of Stewart Information Services in a research note on Monday, May 18th. Benchmark began coverage on shares of Stewart Information Services in a research report on Tuesday, July 21st. They set a “buy” rating and a $87.00 target price on the stock. Keefe, Bruyette & Woods lowered shares of Stewart Information Services from an “outperform” rating to a “market perform” rating and lowered their target price for the stock from $77.00 to $71.00 in a research report on Monday, July 27th. Wall Street Zen cut shares of Stewart Information Services from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. Finally, Zacks Research downgraded shares of Stewart Information Services from a “hold” rating to a “strong sell” rating in a research report on Monday, July 27th. Four analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $81.50.

Insider Buying and Selling

In other Stewart Information Services news, insider Brian Glaze sold 1,500 shares of the firm’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $69.16, for a total transaction of $103,740.00. Following the completion of the transaction, the insider directly owned 11,784 shares in the company, valued at approximately $814,981.44. This trade represents a 11.29% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 2.94% of the company’s stock.

Stewart Information Services Stock Up 2.6%

STC opened at $69.85 on Friday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.98 and a current ratio of 1.98. The company has a market cap of $2.13 billion, a price-to-earnings ratio of 15.32 and a beta of 0.97. Stewart Information Services Corporation has a one year low of $57.10 and a one year high of $78.61. The business’s fifty day moving average is $68.43 and its two-hundred day moving average is $66.82.

Stewart Information Services (NYSE:STC) last announced its quarterly earnings results on Wednesday, July 22nd. The insurance provider reported $1.39 earnings per share for the quarter, missing analysts’ consensus estimates of $1.63 by ($0.24). The firm had revenue of $895.80 million during the quarter, compared to analysts’ expectations of $838.07 million. Stewart Information Services had a net margin of 4.12% and a return on equity of 10.02%. The company’s quarterly revenue was up 24.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.34 EPS. Analysts anticipate that Stewart Information Services Corporation will post 5.26 EPS for the current fiscal year.

Stewart Information Services Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be paid a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend is Tuesday, September 15th. This is a positive change from Stewart Information Services’s previous quarterly dividend of $0.53. Stewart Information Services’s dividend payout ratio is currently 46.05%.

About Stewart Information Services

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.