Phoenix Financial Ltd. Acquires 2,245 Shares of The Travelers Companies, Inc. $TRV

Phoenix Financial Ltd. raised its holdings in The Travelers Companies, Inc. (NYSE:TRV) by 65.1% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,695 shares of the insurance provider’s stock after purchasing an additional 2,245 shares during the period. Phoenix Financial Ltd.’s holdings in Travelers Companies were worth $1,591,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Barnes Dennig Private Wealth Management LLC grew its holdings in shares of Travelers Companies by 134.1% during the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 96 shares of the insurance provider’s stock worth $27,000 after purchasing an additional 55 shares in the last quarter. Osterweis Capital Management Inc. grew its stake in Travelers Companies by 1,820.0% during the second 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. Delos Wealth Advisors LLC bought a new position in Travelers Companies in the 2nd quarter valued at about $27,000. Clayton Financial Group LLC bought a new position in Travelers Companies in the 3rd quarter valued at about $28,000. Finally, Quaker Wealth Management LLC raised its position in shares of Travelers Companies by 200.0% in the 2nd quarter. Quaker Wealth Management LLC now owns 104 shares of the insurance provider’s stock valued at $28,000 after buying an additional 208 shares in the last quarter. 82.45% of the stock is currently owned by institutional investors and hedge funds.

More Travelers Companies News

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

• Positive Sentiment: Strong quarterly results, dividend and big buyback support valuation — TRV reported an upside EPS beat and revenue above expectations for the latest quarter, declared a $1.10 quarterly dividend, and the board authorized a $5.0 billion share buyback (about 8.3% of shares). Those actions improve capital return visibility and support the stock. MarketBeat TRV Coverage
• Positive Sentiment: Multiple analyst price-target increases — Several shops have lifted price targets recently (including a move to $320). Higher targets can help underpin upside expectations even where ratings vary. Price Target Raise to $320
• Positive Sentiment: Independent upgrade to “strong-buy” from Argus — Another analyst upgrade adds a buy-side voice supporting TRV shares. Argus Upgrade (via Zacks/TickerReport)
• Neutral Sentiment: Mixed analyst views remain — Citigroup raised its price target to $315 but retained a “sell” rating, and other firms show a range of ratings from strong-buy to hold. That mixed research flow keeps sentiment and trading direction uncertain. Benzinga Analyst Note
• Neutral Sentiment: Travel demand data are healthy but indirect for insurers — industry reports (Flywire on luxury travel spending and American Airlines’ record revenue) point to robust travel activity, which can raise premium opportunities for travel-related insurance lines but is a second-order effect for Travelers’ broad P&C business. Flywire Report American Airlines Revenue
• Negative Sentiment: Insider selling by an EVP — Jeffrey Klenk sold 16,712 shares (~$4.68M) and materially reduced his holding; while single insider sales can be benign, large reductions by senior executives often spur short-term selling and investor scrutiny. InsiderTrades: Form 4 / SEC Filing

Insider Buying and Selling

In other Travelers Companies news, Vice Chairman William H. Heyman sold 1,803 shares of the stock in a transaction that occurred on Thursday, November 13th. The shares were sold at an average price of $289.55, for a total transaction of $522,058.65. Following the completion of the sale, the insider owned 255,086 shares of the company’s stock, valued at approximately $73,860,151.30. This represents a 0.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Daniel S. Frey sold 25,000 shares of the business’s stock in a transaction that occurred on Thursday, November 6th. The stock was sold at an average price of $278.25, for a total transaction of $6,956,250.00. Following the completion of the transaction, the chief financial officer owned 26,932 shares in the company, valued at $7,493,829. This trade represents a 48.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 54,435 shares of company stock worth $15,366,736. Corporate insiders own 1.46% of the company’s stock.

Travelers Companies Trading Down 0.2%

Shares of NYSE TRV opened at $281.23 on Wednesday. The firm has a 50 day moving average price of $285.02 and a two-hundred day moving average price of $276.30. The stock has a market cap of $62.73 billion, a P/E ratio of 10.22, a price-to-earnings-growth ratio of 1.56 and a beta of 0.52. The Travelers Companies, Inc. has a 52-week low of $230.43 and a 52-week high of $296.85. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.35 and a current ratio of 0.33.

Travelers Companies (NYSE:TRV) last issued its quarterly earnings results on Wednesday, January 21st. The insurance provider reported $11.13 EPS for the quarter, topping analysts’ consensus estimates of $8.34 by $2.79. The company had revenue of $12.43 billion for the quarter, compared to analyst estimates of $11.13 billion. Travelers Companies had a net margin of 12.88% and a return on equity of 20.70%. Travelers Companies’s revenue was up 3.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $9.15 earnings per share. As a group, equities analysts forecast that The Travelers Companies, Inc. will post 17.02 EPS for the current year.

Travelers Companies announced that its Board of Directors has authorized a share buyback program on Wednesday, January 21st that allows the company to buyback $5.00 billion in shares. This buyback authorization allows the insurance provider to purchase up to 8.3% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s management believes its stock is undervalued.

Travelers Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 10th will be given a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Tuesday, March 10th. Travelers Companies’s payout ratio is 15.98%.

Analyst Ratings Changes

Several research analysts have commented on TRV shares. JPMorgan Chase & Co. boosted their price objective on shares of Travelers Companies from $302.00 to $305.00 and gave the company an “underweight” rating in a research report on Wednesday, January 7th. Evercore ISI boosted their price target on Travelers Companies from $309.00 to $317.00 and gave the stock an “outperform” rating in a report on Wednesday, January 7th. Cantor Fitzgerald raised their price objective on Travelers Companies from $308.00 to $316.00 and gave the company an “overweight” rating in a research note on Wednesday, January 14th. Piper Sandler lifted their target price on Travelers Companies from $320.00 to $322.00 and gave the company an “overweight” rating in a research report on Friday, October 17th. Finally, Wells Fargo & Company dropped their target price on shares of Travelers Companies from $307.00 to $285.00 and set an “equal weight” rating for the company in a report on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $302.80.

Travelers Companies Company Profile

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.