Kestra Advisory Services LLC Raises Stake in The Travelers Companies, Inc. $TRV

Kestra Advisory Services LLC grew its position in The Travelers Companies, Inc. (NYSE:TRV) by 14.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 58,429 shares of the insurance provider’s stock after purchasing an additional 7,441 shares during the quarter. Kestra Advisory Services LLC’s holdings in Travelers Companies were worth $17,043,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of TRV. Spinnaker Trust lifted its stake in shares of Travelers Companies by 1.7% during the 1st quarter. Spinnaker Trust now owns 1,938 shares of the insurance provider’s stock valued at $565,000 after buying an additional 33 shares in the last quarter. Cim LLC increased its stake in Travelers Companies by 0.4% in the 4th quarter. Cim LLC now owns 8,145 shares of the insurance provider’s stock worth $2,363,000 after buying an additional 34 shares in the last quarter. Haverford Trust Co increased its stake in Travelers Companies by 0.7% in the 4th quarter. Haverford Trust Co now owns 5,210 shares of the insurance provider’s stock worth $1,511,000 after buying an additional 35 shares in the last quarter. Sumitomo Life Insurance Co. raised its holdings in Travelers Companies by 0.7% during the fourth quarter. Sumitomo Life Insurance Co. now owns 5,236 shares of the insurance provider’s stock valued at $1,519,000 after acquiring an additional 35 shares during the period. Finally, Chicago Partners Investment Group LLC raised its holdings in Travelers Companies by 1.9% during the fourth quarter. Chicago Partners Investment Group LLC now owns 1,949 shares of the insurance provider’s stock valued at $541,000 after acquiring an additional 36 shares during the period. 82.45% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

TRV has been the subject of a number of recent analyst reports. BMO Capital Markets upped their price objective on Travelers Companies from $297.00 to $314.00 and gave the stock an “outperform” rating in a research note on Monday, April 20th. Raymond James Financial reissued a “strong-buy” rating on shares of Travelers Companies in a research note on Monday, July 6th. Cantor Fitzgerald boosted their price target on Travelers Companies from $335.00 to $360.00 and gave the stock an “overweight” rating in a report on Thursday. Evercore set a $329.00 price target on Travelers Companies and gave the stock an “in-line” rating in a research note on Friday. Finally, Mizuho increased their price objective on shares of Travelers Companies from $304.00 to $324.00 and gave the company a “neutral” rating in a report on Thursday. Three research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, thirteen have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, Travelers Companies currently has an average rating of “Hold” and a consensus price target of $333.11.

Insider Transactions at Travelers Companies

In related news, EVP Diane Kurtzman sold 2,867 shares of the firm’s stock in a transaction on Monday, April 20th. The shares were sold at an average price of $303.45, for a total value of $869,991.15. Following the completion of the transaction, the executive vice president directly owned 5,298 shares of the company’s stock, valued at approximately $1,607,678.10. This trade represents a 35.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Jeffrey P. Klenk sold 6,414 shares of the business’s stock in a transaction on Monday, April 20th. The stock was sold at an average price of $305.06, for a total transaction of $1,956,654.84. Following the completion of the sale, the executive vice president owned 6,075 shares in the company, valued at $1,853,239.50. This represents a 51.36% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 37,573 shares of company stock valued at $11,504,146 in the last 90 days. Company insiders own 1.39% of the company’s stock.

Travelers Companies Price Performance

Shares of Travelers Companies stock traded up $1.31 during trading on Friday, reaching $338.80. 1,074,530 shares of the stock traded hands, compared to its average volume of 2,039,502. The company has a market capitalization of $72.04 billion, a price-to-earnings ratio of 10.08, a P/E/G ratio of 3.04 and a beta of 0.46. The business has a fifty day simple moving average of $310.19 and a two-hundred day simple moving average of $299.76. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.35 and a quick ratio of 0.35. The Travelers Companies, Inc. has a 52-week low of $249.19 and a 52-week high of $349.35.

Travelers Companies (NYSE:TRV) last announced its quarterly earnings results on Thursday, April 16th. The insurance provider reported $7.71 EPS for the quarter, beating analysts’ consensus estimates of $6.80 by $0.91. The company had revenue of $11.92 billion during the quarter, compared to analyst estimates of $11.11 billion. Travelers Companies had a return on equity of 24.06% and a net margin of 15.54%.The firm’s revenue was down 1.7% on a year-over-year basis. During the same period in the prior year, the company earned $1.91 earnings per share. Sell-side analysts expect that The Travelers Companies, Inc. will post 28.17 EPS for the current year.

Travelers Companies Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Wednesday, June 10th were given a dividend of $1.25 per share. The ex-dividend date was Wednesday, June 10th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 1.5%. This is an increase from Travelers Companies’s previous quarterly dividend of $1.10. Travelers Companies’s dividend payout ratio is currently 14.88%.

Travelers Companies News Roundup

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

• Positive Sentiment: Truist initiated coverage on Travelers with a Buy rating and a $395 price target, which implies meaningful upside from current levels.
• Positive Sentiment: Wells Fargo raised its price target to $334 and Mizuho lifted its target to $324, signaling continued confidence in the insurer’s valuation and fundamentals.
• Positive Sentiment: Dowling & Partners increased its FY2026 EPS estimate for Travelers to $28.00, nearly matching the Street consensus and reinforcing expectations for solid earnings performance.
• Positive Sentiment: Zacks highlighted Travelers’ strong earnings surprise history and said the company has the right setup to beat estimates again in the next report, adding to bullish sentiment ahead of earnings. Article: Will Travelers (TRV) Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: Another Zacks note said Travelers is expected to beat earnings estimates in its upcoming Q2 release, keeping investor focus on a potentially strong earnings event. Article: Travelers (TRV) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release
• Neutral Sentiment: Brokerage sentiment remains mixed overall, with an average recommendation of Hold, suggesting analysts are constructive but not universally bullish.
• Neutral Sentiment: Travelers is scheduled to report quarterly earnings soon, and traders appear to be positioning ahead of the results. Article: Travelers Companies (TRV) Expected to Announce Quarterly Earnings on Friday
• Negative Sentiment: Some analyst targets remain below the current share price, implying limited short-term upside if results fail to impress.

Travelers Companies 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.