Danske Bank A S Takes Position in Assurant, Inc. $AIZ

Danske Bank A S bought a new stake in Assurant, Inc. (NYSE:AIZ) in the 2nd quarter, HoldingsChannel reports. The institutional investor bought 18,400 shares of the financial services provider’s stock, valued at approximately $4,941,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Diversify Advisory Services LLC bought a new stake in shares of Assurant in the 2nd quarter worth approximately $384,000. Wealthfront Advisers LLC purchased a new position in Assurant in the second quarter valued at approximately $463,000. Meeder Advisory Services Inc. bought a new position in Assurant during the second quarter valued at $401,000. Meeder Asset Management Inc. bought a new position in Assurant during the second quarter valued at $137,000. Finally, BlackRock Inc. purchased a new stake in Assurant in the second quarter worth $1,345,211,000. 92.65% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, EVP Nair Biju sold 3,931 shares of the firm’s stock in a transaction dated Thursday, August 6th. The stock was sold at an average price of $302.46, for a total transaction of $1,188,970.26. Following the transaction, the executive vice president directly owned 24,247 shares of the company’s stock, valued at approximately $7,333,747.62. This trade represents a 13.95% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CAO Dimitry Dirienzo sold 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $255.68, for a total value of $511,360.00. Following the completion of the sale, the chief accounting officer owned 2,741 shares of the company’s stock, valued at $700,818.88. The trade was a 42.19% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 12,931 shares of company stock worth $3,539,300. 0.54% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on AIZ shares. Wall Street Zen cut Assurant from a “buy” rating to a “hold” rating in a research note on Saturday, July 25th. Royal Bank Of Canada set a $310.00 target price on shares of Assurant in a research report on Wednesday, June 17th. Morgan Stanley lifted their target price on shares of Assurant from $300.00 to $320.00 and gave the stock an “overweight” rating in a research note on Wednesday. Keefe, Bruyette & Woods upped their price target on shares of Assurant from $310.00 to $325.00 and gave the company an “outperform” rating in a research note on Friday, August 7th. Finally, UBS Group raised their price objective on shares of Assurant from $274.00 to $331.00 and gave the stock a “buy” rating in a report on Thursday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Assurant has a consensus rating of “Buy” and an average price target of $316.57.

Key Stories Impacting Assurant

Here are the key news stories impacting Assurant this week:

• Positive Sentiment: Zacks upgraded Assurant to a “Buy” rating. The upgrade to Zacks Rank #2 reflects improving earnings-estimate trends and could support continued investor interest in AIZ. Assurant Upgraded to Buy: What Does It Mean for the Stock?
• Positive Sentiment: Several longer-term earnings forecasts were raised. Zacks lifted its FY2026 EPS estimate to $21.70 from $20.92, FY2027 to $23.00 from $22.46, and FY2028 to $24.74 from $24.44. The Q1 2027 forecast also increased substantially to $5.59 from $4.97. These revisions imply stronger projected profitability and exceed or broadly align with the current full-year consensus. Zacks Research Brokers Raise Earnings Estimates for Assurant
• Positive Sentiment: Assurant’s latest reported quarter provides supportive fundamental context: EPS of $6.41 exceeded the $5.17 consensus estimate, while revenue increased 9.4% year over year to $3.45 billion. The earnings beat likely reinforces confidence behind the estimate upgrades.
• Neutral Sentiment: A separate Zacks analysis highlighted Assurant as a potential value investment based on earnings revisions, value, growth and momentum factors. With a reported P/E ratio of about 13.6, valuation may remain attractive, although the article did not provide a specific new price target. Should Value Investors Buy Assurant Stock?
• Negative Sentiment: Near-term estimates were mixed. Zacks lowered Q3 2026 EPS to $4.36 from $4.39 and Q4 2026 to $4.98 from $5.43, while cutting Q4 2027 to $5.65 from $5.76. These reductions could limit upside if upcoming results fall short of expectations.

Assurant Stock Up 0.8%

Shares of NYSE AIZ opened at $284.14 on Friday. Assurant, Inc. has a 12 month low of $205.01 and a 12 month high of $303.94. The company has a current ratio of 0.38, a quick ratio of 0.38 and a debt-to-equity ratio of 0.36. The firm has a market capitalization of $14.01 billion, a price-to-earnings ratio of 13.57 and a beta of 0.55. The business has a 50-day moving average of $276.34 and a 200-day moving average of $247.72.

Assurant (NYSE:AIZ) last posted its quarterly earnings data on Tuesday, August 4th. The financial services provider reported $6.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.17 by $1.24. The company had revenue of $3.45 billion during the quarter, compared to the consensus estimate of $3.43 billion. Assurant had a net margin of 7.90% and a return on equity of 20.40%. The firm’s revenue was up 9.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $5.56 EPS. Sell-side analysts expect that Assurant, Inc. will post 22.05 earnings per share for the current fiscal year.

Assurant Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 28th. Stockholders of record on Monday, August 31st will be given a dividend of $0.88 per share. The ex-dividend date is Monday, August 31st. This represents a $3.52 annualized dividend and a dividend yield of 1.2%. Assurant’s dividend payout ratio is 16.81%.

Assurant 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.