Assurant, Inc. $AIZ Stock Holdings Lifted by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al boosted its holdings in Assurant, Inc. (NYSE:AIZ – Free Report) by 30.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 8,900 shares of the financial services provider’s stock after acquiring an additional 2,100 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Assurant were worth $2,345,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in AIZ. Latitude Advisors LLC acquired a new stake in Assurant during the third quarter worth $26,000. Independence Bank of Kentucky purchased a new stake in Assurant in the third quarter valued at $26,000. First Bancorp Inc ME purchased a new stake in Assurant in the second quarter valued at $31,000. Arlington Trust Co LLC lifted its stake in shares of Assurant by 81.4% in the 2nd quarter. Arlington Trust Co LLC now owns 127 shares of the financial services provider’s stock valued at $34,000 after purchasing an additional 57 shares during the last quarter. Finally, Transamerica Financial Advisors LLC acquired a new position in shares of Assurant in the 2nd quarter valued at $40,000. 92.65% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Assurant

Here are the key news stories impacting Assurant this week:

  • Positive Sentiment: Adjusted earnings were about $6.15 per share, versus analysts’ $4.75 estimate, while revenue of $3.53 billion topped the $3.48 billion consensus and rose 9.2% year over year. Assurant Beats Q3 Earnings and Revenue Estimates
  • Positive Sentiment: Assurant raised its full-year outlook. For the first nine months of 2026, adjusted EBITDA increased 26% year over year and adjusted earnings per diluted share rose 34%, indicating solid year-to-date growth. Assurant Raises Full-Year Outlook
  • Positive Sentiment: Quarterly adjusted EBITDA was $464.4 million, up 8%; excluding reportable catastrophes, it rose 12%. GAAP net income increased 4% to $275.2 million. Assurant Q3 Results

Insider Buying and Selling at Assurant

In other news, EVP Biju Nair sold 3,931 shares of Assurant stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $302.46, for a total value of $1,188,970.26. Following the completion of the sale, the executive vice president directly owned 24,247 shares of the company’s stock, valued at approximately $7,333,747.62. The trade was a 13.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.54% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on AIZ shares. Weiss Ratings upgraded Assurant from a “buy (a-)” rating to a “buy (a)” rating in a report on Thursday, October 8th. Zacks Research upgraded shares of Assurant from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 16th. BMO Capital Markets boosted their price objective on shares of Assurant from $274.00 to $320.00 and gave the company an “outperform” rating in a report on Friday, August 28th. Morgan Stanley decreased their target price on shares of Assurant from $320.00 to $300.00 and set an “overweight” rating on the stock in a research report on Tuesday, October 6th. Finally, Truist Financial increased their target price on shares of Assurant from $310.00 to $355.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Two analysts have rated the stock with a Strong Buy rating and six have assigned a Buy rating to the company’s stock. Based on data from MarketBeat, Assurant currently has a consensus rating of “Buy” and an average target price of $324.29.

Read Our Latest Stock Report on Assurant

Assurant Stock Down 0.6%

Assurant stock opened at $295.55 on Wednesday. Assurant, Inc. has a fifty-two week low of $209.86 and a fifty-two week high of $303.94. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.38 and a current ratio of 0.38. The firm has a 50 day moving average price of $279.13 and a 200 day moving average price of $255.18. The company has a market capitalization of $14.58 billion, a PE ratio of 12.54 and a beta of 0.52.

Assurant (NYSE:AIZ – Get Free Report) last announced its earnings results on Tuesday, November 3rd. The financial services provider reported $6.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.75 by $1.40. Assurant had a return on equity of 20.40% and a net margin of 7.90%. The company had revenue of $3.53 billion for the quarter, compared to analyst estimates of $3.48 billion. During the same quarter in the previous year, the company earned $5.73 earnings per share. The firm’s quarterly revenue was up 9.2% compared to the same quarter last year. Research analysts expect that Assurant, Inc. will post 22.40 earnings per share for the current year.

Assurant Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 28th. Stockholders of record on Monday, August 31st were paid a $0.88 dividend. The ex-dividend date of this dividend was Monday, August 31st. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.2%. Assurant’s payout ratio is presently 16.81%.

About Assurant

(Free Report)

Assurant, Inc (NYSE:AIZ) is a global business services company that provides insurance products and related services. Its offerings are designed to help consumers protect mobile devices, household belongings, vehicles, homes and other significant purchases, while supporting businesses in managing risk and customer relationships.

Assurant operates through three primary business segments: Global Lifestyle, Global Housing and Global Preneed. Global Lifestyle provides mobile device protection, extended service contracts and related services for consumer electronics, appliances and vehicles.

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Institutional Ownership by Quarter for Assurant (NYSE:AIZ)

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