Assurant, Inc. $AIZ Shares Acquired by Systematic Financial Management LP

Systematic Financial Management LP grew its stake in Assurant, Inc. (NYSE:AIZ) by 15.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,996 shares of the financial services provider’s stock after purchasing an additional 2,880 shares during the period. Systematic Financial Management LP’s holdings in Assurant were worth $5,298,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of AIZ. Bank of New York Mellon Corp lifted its stake in shares of Assurant by 23.7% in the 3rd quarter. Bank of New York Mellon Corp now owns 5,010,373 shares of the financial services provider’s stock worth $1,085,247,000 after acquiring an additional 959,259 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Assurant by 15.1% in the 3rd quarter. Dimensional Fund Advisors LP now owns 862,500 shares of the financial services provider’s stock worth $186,808,000 after acquiring an additional 113,235 shares during the period. First Trust Advisors LP lifted its stake in shares of Assurant by 10.1% in the 3rd quarter. First Trust Advisors LP now owns 612,919 shares of the financial services provider’s stock worth $132,758,000 after acquiring an additional 56,470 shares during the period. Bank of America Corp DE lifted its stake in shares of Assurant by 7.8% in the 3rd quarter. Bank of America Corp DE now owns 345,314 shares of the financial services provider’s stock worth $74,795,000 after acquiring an additional 25,065 shares during the period. Finally, Clark Capital Management Group Inc. lifted its stake in shares of Assurant by 2.1% in the 3rd quarter. Clark Capital Management Group Inc. now owns 310,802 shares of the financial services provider’s stock worth $67,320,000 after acquiring an additional 6,277 shares during the period. Institutional investors and hedge funds own 92.65% of the company’s stock.

Analysts Set New Price Targets

AIZ has been the subject of a number of research analyst reports. Weiss Ratings downgraded shares of Assurant from a “buy (b+)” rating to a “buy (b)” rating in a report on Monday, May 11th. UBS Group increased their price target on shares of Assurant from $270.00 to $274.00 and gave the company a “buy” rating in a report on Monday, May 11th. Truist Financial increased their price target on shares of Assurant from $280.00 to $290.00 and gave the company a “buy” rating in a report on Thursday, May 7th. BMO Capital Markets cut their price target on shares of Assurant from $255.00 to $246.00 and set an “outperform” rating for the company in a report on Thursday, February 12th. Finally, Piper Sandler increased their price target on shares of Assurant from $264.00 to $268.00 and gave the company an “overweight” rating in a report on Monday, May 11th. Nine equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $272.17.

Insider Activity

In other news, EVP Keith Meier sold 25,000 shares of Assurant stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $254.31, for a total transaction of $6,357,750.00. Following the completion of the sale, the executive vice president directly owned 18,552 shares in the company, valued at $4,717,959.12. The trade was a 57.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Subhashish Sengupta sold 1,880 shares of Assurant stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $210.53, for a total transaction of $395,796.40. Following the sale, the executive vice president owned 2,895 shares of the company’s stock, valued at approximately $609,484.35. This trade represents a 39.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 29,650 shares of company stock valued at $7,419,621. 0.54% of the stock is owned by corporate insiders.

Assurant Stock Performance

NYSE:AIZ opened at $254.90 on Monday. The company has a current ratio of 0.39, a quick ratio of 0.39 and a debt-to-equity ratio of 0.38. The firm has a 50-day moving average price of $228.97 and a two-hundred day moving average price of $229.93. Assurant, Inc. has a twelve month low of $183.39 and a twelve month high of $260.96. The company has a market capitalization of $12.63 billion, a P/E ratio of 13.04 and a beta of 0.56.

Assurant (NYSE:AIZ) last posted its earnings results on Tuesday, May 5th. The financial services provider reported $5.95 earnings per share for the quarter, beating the consensus estimate of $5.29 by $0.66. Assurant had a net margin of 7.60% and a return on equity of 20.32%. The firm had revenue of $3.42 billion during the quarter, compared to the consensus estimate of $3.29 billion. During the same period last year, the firm posted $5.79 EPS. The firm’s revenue for the quarter was up 11.3% on a year-over-year basis. As a group, research analysts expect that Assurant, Inc. will post 21.04 earnings per share for the current fiscal year.

Assurant Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Monday, June 8th will be issued a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 1.4%. The ex-dividend date is Monday, June 8th. Assurant’s dividend payout ratio (DPR) is 18.01%.

Key Assurant News

Here are the key news stories impacting Assurant this week:

• Positive Sentiment: Zacks Research raised its earnings estimates for Assurant across multiple periods, including FY2026, FY2027, FY2028, Q1 2027, Q2 2027, and Q3 2027. Higher profit forecasts can support the stock by signaling better-than-expected business performance. Article Title
• Positive Sentiment: Assurant declared a quarterly dividend of $0.88 per share, reinforcing its shareholder-return profile and offering income support for investors.
• Neutral Sentiment: One Zacks update did trim near-term estimates for Q2 2026, Q3 2026, and Q4 2026, while another note slightly lowered Q4 2027 forecasts. These mixed revisions temper the bullish tone but do not outweigh the broader upward trend in longer-term estimates.

Assurant Company Profile

Assurant, Inc is a global provider of risk management products and services, specializing in the housing and lifestyle markets. The company offers insurance and related products designed to help consumers protect their homes, personal belongings, and electronic devices. Its core offerings include renters insurance, manufactured housing finance, flood insurance, mobile device protection plans, and extended service contracts for appliances and electronics.

Within its Global Housing segment, Assurant partners with mortgage lenders, financial institutions and government agencies to deliver specialty insurance and risk mitigation services.