Vise Technologies Inc. Acquires 42,330 Shares of The Travelers Companies, Inc. $TRV

Vise Technologies Inc. acquired a new stake in The Travelers Companies, Inc. (NYSE:TRV – Free Report) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 42,330 shares of the insurance provider’s stock, valued at approximately $15,091,000.

Other large investors have also recently made changes to their positions in the company. Unison Advisors LLC boosted its stake in Travelers Companies by 0.4% in the third quarter. Unison Advisors LLC now owns 15,741 shares of the insurance provider’s stock valued at $5,612,000 after acquiring an additional 57 shares during the last quarter. Aprio Wealth Management LLC increased its stake in shares of Travelers Companies by 14.6% during the 3rd quarter. Aprio Wealth Management LLC now owns 2,833 shares of the insurance provider’s stock worth $1,010,000 after purchasing an additional 360 shares during the last quarter. Avestar Capital LLC increased its stake in shares of Travelers Companies by 7.8% during the 3rd quarter. Avestar Capital LLC now owns 1,696 shares of the insurance provider’s stock worth $605,000 after purchasing an additional 123 shares during the last quarter. Modera Wealth Management LLC increased its stake in shares of Travelers Companies by 4.4% during the 3rd quarter. Modera Wealth Management LLC now owns 2,419 shares of the insurance provider’s stock worth $862,000 after purchasing an additional 103 shares during the last quarter. Finally, International Assets Investment Management LLC raised its holdings in shares of Travelers Companies by 1,005.7% in the 3rd quarter. International Assets Investment Management LLC now owns 25,000 shares of the insurance provider’s stock worth $8,913,000 after purchasing an additional 22,739 shares during the period. 82.45% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Travelers Companies

In other Travelers Companies news, EVP David Rowland sold 5,000 shares of the firm’s stock in a transaction dated Thursday, October 22nd. The stock was sold at an average price of $405.62, for a total value of $2,028,100.00. Following the completion of the transaction, the executive vice president owned 10,479 shares in the company, valued at $4,250,491.98. This trade represents a 32.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Mojgan M. Lefebvre sold 11,000 shares of Travelers Companies stock in a transaction dated Tuesday, October 27th. The shares were sold at an average price of $393.84, for a total value of $4,332,240.00. Following the transaction, the executive vice president directly owned 11,000 shares of the company’s stock, valued at $4,332,240. The trade was a 50.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 180,287 shares of company stock worth $71,713,050 in the last 90 days. 1.39% of the stock is owned by company insiders.

Travelers Companies Stock Up 0.0%

Travelers Companies stock opened at $396.39 on Monday. The Travelers Companies, Inc. has a 1-year low of $264.25 and a 1-year high of $407.86. The firm has a market capitalization of $81.24 billion, a price-to-earnings ratio of 10.39, a P/E/G ratio of 2.74 and a beta of 0.43. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.34. The firm has a 50 day simple moving average of $374.52 and a 200 day simple moving average of $329.53.

Travelers Companies (NYSE:TRV – Get Free Report) last issued its earnings results on Friday, October 16th. The insurance provider reported $9.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.39 by $1.79. The business had revenue of $12.41 billion for the quarter, compared to analysts’ expectations of $11.36 billion. Travelers Companies had a net margin of 17.03% and a return on equity of 26.19%. The business’s revenue for the quarter was down .5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $8.14 EPS. On average, analysts predict that The Travelers Companies, Inc. will post 36.27 earnings per share for the current year.

Travelers Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Thursday, December 10th will be given a $1.25 dividend. The ex-dividend date is Thursday, December 10th. This represents a $5.00 annualized dividend and a dividend yield of 1.3%. Travelers Companies’s payout ratio is 13.11%.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on TRV. Truist Financial increased their price objective on Travelers Companies from $425.00 to $435.00 and gave the company a “buy” rating in a report on Monday, October 19th. JPMorgan Chase & Co. upped their price target on Travelers Companies from $352.00 to $379.00 and gave the company a “neutral” rating in a research report on Tuesday, October 20th. Citigroup reiterated a “neutral” rating on shares of Travelers Companies in a research note on Friday, October 16th. TD Cowen lowered Travelers Companies from a “hold” rating to a “sell” rating and set a $297.00 price objective for the company. in a report on Monday, July 13th. Finally, Barclays boosted their price objective on Travelers Companies from $295.00 to $318.00 and gave the company an “underweight” rating in a research note on Tuesday, July 21st. Three research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, thirteen have assigned a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat.com, Travelers Companies has an average rating of “Hold” and a consensus price target of $366.37.

Get Our Latest Stock Analysis on Travelers Companies

Trending Headlines about Travelers Companies

Here are the key news stories impacting Travelers Companies this week:

  • Positive Sentiment: Travelers launched an AI-powered workers’ compensation quoting tool that reportedly cuts quote-generation time in half. Faster processing could improve underwriting efficiency and help TRV win more small-business customers. TRV Launches AI Quoting Tool to Target Workers’ Compensation Growth
  • Positive Sentiment: TRV continues to attract value-oriented interest following its latest quarterly report, when it delivered $9.18 in earnings per share versus the $7.39 consensus estimate and generated $12.41 billion in revenue. The company also declared a $1.25 quarterly dividend, equivalent to $5.00 annually, with a low payout ratio of about 13%. Why Travelers Is a Top Value Stock for the Long-Term
  • Neutral Sentiment: Analyst opinion remains divided. Cantor Fitzgerald raised its price target to $397 and maintained an overweight view, but the broader consensus rating is “Hold,” with an average target of $366.37—below recent trading levels. This may limit near-term upside unless Travelers produces additional earnings or operating catalysts.
  • Negative Sentiment: Two executive vice presidents recently sold a combined 14,000 shares worth approximately $5.53 million. Andy Bessette sold 3,000 shares, while Mojgan Lefebvre sold 11,000 shares and cut her position by half. Insider selling is not necessarily fundamental news, but the size and timing may weigh on sentiment. Travelers Executive Insider Stock Sale
  • Negative Sentiment: Elon Musk’s support for a claim that autonomous driving could reduce crash costs by $1.5 trillion raises a longer-term risk for property and casualty insurers. If self-driving technology materially reduces accidents, auto insurance premiums and related profits could face pressure, although the financial impact on Travelers is uncertain and likely gradual. Elon Musk Backs a $1.5 Trillion Self-Driving Claim

About Travelers Companies

(Free Report)

Travelers Companies, Inc is a property and casualty insurance company that provides insurance products and related services to businesses, government entities and individuals. The company offers coverage for property damage, liability, workers’ compensation, automobile accidents, cybersecurity risks and other exposures.

Travelers conducts its operations primarily through its Business Insurance, Bond & Specialty Insurance and Personal Insurance segments. Its products include commercial property and casualty policies, surety and fidelity bonds, homeowners insurance, personal automobile insurance and umbrella coverage.

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Institutional Ownership by Quarter for Travelers Companies (NYSE:TRV)

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