Travelers Companies (NYSE:TRV) Now Covered by Analysts at Truist Financial

Truist Financial began coverage on shares of Travelers Companies (NYSE:TRV) in a research report released on Friday morning, MarketBeat.com reports. The firm issued a buy rating and a $395.00 price target on the insurance provider’s stock.

Several other equities research analysts also recently issued reports on TRV. Bank of America cut their target price on shares of Travelers Companies from $259.00 to $257.00 and set an “underperform” rating for the company in a research note on Tuesday, April 14th. UBS Group raised their price objective on Travelers Companies from $314.00 to $350.00 and gave the company a “neutral” rating in a research report on Wednesday. Wells Fargo & Company lifted their target price on Travelers Companies from $295.00 to $334.00 and gave the stock an “equal weight” rating in a research note on Thursday. Mizuho boosted their target price on Travelers Companies from $304.00 to $324.00 and gave the stock a “neutral” rating in a report on Thursday. Finally, Roth Capital restated a “buy” rating on shares of Travelers Companies in a research note on Monday, April 20th. Three research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, thirteen have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $333.11.

Travelers Companies Stock Up 0.4%

TRV traded up $1.31 during trading on Friday, reaching $338.80. 1,074,530 shares of the stock were exchanged, compared to its average volume of 2,039,502. The stock has a market cap of $72.04 billion, a P/E ratio of 10.08, a price-to-earnings-growth ratio of 3.03 and a beta of 0.46. Travelers Companies has a twelve month low of $249.19 and a twelve month high of $349.35. The stock’s 50 day moving average price is $310.19 and its two-hundred day moving average price is $299.76. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.35 and a current ratio of 0.35.

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. Travelers Companies had a net margin of 15.54% and a return on equity of 24.06%. The firm had revenue of $11.92 billion during the quarter, compared to analysts’ expectations of $11.11 billion. During the same quarter last year, the company posted $1.91 earnings per share. The company’s revenue for the quarter was down 1.7% compared to the same quarter last year. Equities analysts expect that Travelers Companies will post 28.13 EPS for the current year.

Travelers Companies Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Wednesday, June 10th were given a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a yield of 1.5%. This is a boost from Travelers Companies’s previous quarterly dividend of $1.10. The ex-dividend date was Wednesday, June 10th. Travelers Companies’s dividend payout ratio (DPR) is 14.88%.

Insider Buying and Selling

In related news, 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 value of $1,956,654.84. Following the completion of the sale, the executive vice president directly owned 6,075 shares in the company, valued at $1,853,239.50. The trade was a 51.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Michael Frederick Klein sold 10,000 shares of the company’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $307.65, for a total value of $3,076,500.00. Following the completion of the transaction, the executive vice president directly owned 45,125 shares in the company, valued at approximately $13,882,706.25. This represents a 18.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 37,573 shares of company stock valued at $11,504,146 in the last ninety days. 1.39% of the stock is currently owned by company insiders.

Institutional Trading of Travelers Companies

Several hedge funds and other institutional investors have recently bought and sold shares of TRV. Norges Bank bought a new position in shares of Travelers Companies during the fourth quarter worth approximately $723,339,000. State Street Corp boosted its stake in Travelers Companies by 3.1% in the fourth quarter. State Street Corp now owns 16,000,457 shares of the insurance provider’s stock valued at $4,641,093,000 after buying an additional 486,861 shares in the last quarter. AustralianSuper Pty Ltd grew its holdings in shares of Travelers Companies by 102.0% during the 4th quarter. AustralianSuper Pty Ltd now owns 908,559 shares of the insurance provider’s stock valued at $263,537,000 after purchasing an additional 458,746 shares during the last quarter. Amundi increased its holdings in shares of Travelers Companies by 36.6% during the first quarter. Amundi now owns 1,392,468 shares of the insurance provider’s stock worth $406,155,000 after buying an additional 373,061 shares in the last quarter. Finally, Woodline Partners LP acquired a new position in Travelers Companies in the 3rd quarter worth about $99,680,000. Institutional investors and hedge funds own 82.45% of the company’s stock.

Travelers Companies News Summary

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.

About Travelers Companies

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.