Formidable Asset Management LLC Sells 5,253 Shares of Cincinnati Financial Corporation $CINF

Formidable Asset Management LLC decreased its holdings in shares of Cincinnati Financial Corporation (NASDAQ:CINF) by 48.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,561 shares of the insurance provider’s stock after selling 5,253 shares during the quarter. Formidable Asset Management LLC’s holdings in Cincinnati Financial were worth $886,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. State Street Corp increased its stake in Cincinnati Financial by 225.5% in the second quarter. State Street Corp now owns 26,974,052 shares of the insurance provider’s stock valued at $4,993,976,000 after acquiring an additional 18,686,673 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Cincinnati Financial by 1,474.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,242,991 shares of the insurance provider’s stock worth $415,267,000 after acquiring an additional 2,100,563 shares during the last quarter. Bank of America Corp DE purchased a new position in Cincinnati Financial in the 2nd quarter worth $347,891,000. First Trust Advisors LP lifted its stake in Cincinnati Financial by 59.4% in the first quarter. First Trust Advisors LP now owns 2,104,457 shares of the insurance provider’s stock worth $331,136,000 after purchasing an additional 784,584 shares during the last quarter. Finally, Assenagon Asset Management S.A. bought a new position in shares of Cincinnati Financial during the third quarter valued at about $248,705,000. 65.24% of the stock is owned by hedge funds and other institutional investors.

Cincinnati Financial News Roundup

Here are the key news stories impacting Cincinnati Financial this week:

• Positive Sentiment: Automation cut commercial quote delivery time by more than 30%, while the company purchased $1.1 billion in fixed-maturity bonds in the third quarter. Faster quoting could help efficiency, and bond investments may contribute to future investment income. Article: Cincinnati Financial: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: A Zacks analysis cites disciplined underwriting, specialty insurance growth, rising investment income and AI efficiencies as strengths. Article: CINF Outperforms Industry, Trades at a Premium: Time to Buy or Hold?
• Neutral Sentiment: CINF’s dividend appeal may support investor interest: an article highlights its earnings and low debt as factors behind the payout’s perceived security. Article: Cincinnati Financial’s Dividend Looks Secure with Strong Earnings and Low Debt
• Negative Sentiment: Dowling & Partners forecasts EPS of $8.90 for FY2026 and FY2027, below the cited current-year consensus of $9.26; its FY2028 estimate is $9.10. The comparatively cautious outlook could temper expectations.
• Negative Sentiment: Catastrophe risks remain a concern, and the Zacks analysis notes CINF trades at a premium valuation, potentially limiting upside if results disappoint. Article: CINF Outperforms Industry, Trades at a Premium: Time to Buy or Hold?

Analyst Upgrades and Downgrades

CINF has been the subject of several analyst reports. Roth Capital increased their target price on Cincinnati Financial from $190.00 to $200.00 and gave the company a “buy” rating in a report on Tuesday, July 28th. Bank of America lowered shares of Cincinnati Financial from a “buy” rating to a “neutral” rating and lowered their price target for the company from $197.00 to $193.00 in a report on Thursday, July 30th. Atlantic Securities set a $197.00 price objective on shares of Cincinnati Financial in a research report on Wednesday, July 15th. Piper Sandler increased their target price on shares of Cincinnati Financial from $175.00 to $197.00 and gave the stock a “neutral” rating in a report on Wednesday, July 15th. Finally, Keefe, Bruyette & Woods reduced their price target on Cincinnati Financial from $190.00 to $171.00 and set a “market perform” rating on the stock in a report on Monday, October 12th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, Cincinnati Financial currently has an average rating of “Moderate Buy” and a consensus price target of $191.60.

Insider Activity at Cincinnati Financial

In other Cincinnati Financial news, Director Dirk Debbink acquired 1,000 shares of the stock in a transaction dated Tuesday, August 25th. The shares were purchased at an average price of $171.64 per share, for a total transaction of $171,640.00. Following the purchase, the director directly owned 62,059 shares of the company’s stock, valued at approximately $10,651,806.76. This trade represents a 1.64% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. 2.94% of the stock is owned by insiders.

Cincinnati Financial Price Performance

Shares of Cincinnati Financial stock opened at $185.48 on Monday. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.27 and a quick ratio of 0.27. The company has a 50-day moving average of $170.86 and a 200 day moving average of $168.75. The firm has a market cap of $28.47 billion, a price-to-earnings ratio of 10.88, a PEG ratio of 2.94 and a beta of 0.48. Cincinnati Financial Corporation has a 1 year low of $153.40 and a 1 year high of $195.72.

Cincinnati Financial (NASDAQ:CINF) last released its earnings results on Monday, October 26th. The insurance provider reported $2.86 EPS for the quarter, topping the consensus estimate of $2.05 by $0.81. The business had revenue of $3.05 billion for the quarter, compared to the consensus estimate of $2.64 billion. Cincinnati Financial had a return on equity of 9.48% and a net margin of 20.07%. The company’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the previous year, the company posted $2.85 earnings per share. As a group, sell-side analysts anticipate that Cincinnati Financial Corporation will post 9.21 earnings per share for the current fiscal year.

Cincinnati Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 23rd were given a dividend of $0.94 per share. The ex-dividend date of this dividend was Wednesday, September 23rd. This represents a $3.76 annualized dividend and a dividend yield of 2.0%. Cincinnati Financial’s dividend payout ratio is presently 22.05%.

Cincinnati Financial Profile

Cincinnati Financial Corporation is an insurance holding company founded in 1950 and headquartered in Fairfield, Ohio. Its principal subsidiary, The Cincinnati Insurance Company, provides property and casualty insurance to businesses and individuals.

The company offers commercial and personal insurance through independent insurance agencies, along with specialty coverage for risks that may not fit standard insurance programs. Its other operations include life insurance, reinsurance and investment management.

Cincinnati Financial serves customers across the United States through its network of independent agents.