Torray Investment Partners LLC reduced its holdings in CNA Financial Corporation (NYSE:CNA – Free Report) by 10.4% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 468,062 shares of the insurance provider’s stock after selling 54,179 shares during the quarter. CNA Financial accounts for about 2.8% of Torray Investment Partners LLC’s investment portfolio, making the stock its 15th biggest holding. Torray Investment Partners LLC’s holdings in CNA Financial were worth $21,007,000 at the end of the most recent reporting period.
Other hedge funds have also modified their holdings of the company. Compass Financial Management LLC purchased a new stake in shares of CNA Financial in the second quarter valued at approximately $36,000. Elevation Wealth Partners LLC grew its holdings in CNA Financial by 116.4% during the third quarter. Elevation Wealth Partners LLC now owns 829 shares of the insurance provider’s stock worth $37,000 after acquiring an additional 446 shares during the period. NFSG Corp purchased a new position in CNA Financial in the third quarter worth $44,000. Versant Capital Management Inc raised its position in CNA Financial by 25.7% in the third quarter. Versant Capital Management Inc now owns 1,358 shares of the insurance provider’s stock worth $61,000 after acquiring an additional 278 shares in the last quarter. Finally, Allworth Financial LP purchased a new position in CNA Financial in the second quarter worth $69,000. 98.45% of the stock is owned by institutional investors and hedge funds.
Trending Headlines about CNA Financial
Here are the key news stories impacting CNA Financial this week:
- Positive Sentiment: CNA declared a quarterly dividend of $0.48 per share, payable December 3, for an annualized payout of $1.92 and a roughly 4% yield. Dividend announcement
- Positive Sentiment: Management expects fixed-income and other investment income to exceed $2.3 billion for full-year 2026, potentially helping offset underwriting pressure. Investment income outlook
- Positive Sentiment: CNA’s international business grew and outperformed, while the company reported premium growth—an offset to weaker U.S. commercial results. International business report
- Negative Sentiment: Third-quarter core EPS was $0.75, well below analyst expectations of about $1.16–$1.21 and down from $1.50 a year earlier. Net income fell to $196 million from $403 million. Higher LTC reserves and catastrophe losses weighed on results; P&C core income also declined. Third-quarter earnings report
- Negative Sentiment: U.S. casualty and commercial insurance margins are tightening, raising concerns about underwriting profitability even as international operations grow. U.S. and international margin report
- Negative Sentiment: Bank of America reiterated a Sell rating, citing weak earnings and the LTC reserve charge; its $48 price target leaves limited upside from the level cited in the report. Analyst rating report
CNA Financial Trading Down 1.5%
Shares of CNA Financial stock opened at $47.18 on Wednesday. CNA Financial Corporation has a 12-month low of $41.53 and a 12-month high of $55.71. The company has a current ratio of 0.27, a quick ratio of 0.27 and a debt-to-equity ratio of 0.27. The stock has a market cap of $12.77 billion, a PE ratio of 12.45, a price-to-earnings-growth ratio of 5.49 and a beta of 0.22. The company has a 50-day moving average of $47.62 and a two-hundred day moving average of $47.73.
CNA Financial (NYSE:CNA – Get Free Report) last announced its quarterly earnings results on Monday, November 2nd. The insurance provider reported $0.75 EPS for the quarter, missing the consensus estimate of $1.21 by ($0.46). The firm had revenue of $3.82 billion for the quarter, compared to analysts’ expectations of $3.02 billion. CNA Financial had a return on equity of 9.53% and a net margin of 6.80%. During the same period last year, the firm earned $1.50 EPS. On average, research analysts anticipate that CNA Financial Corporation will post 4.12 EPS for the current fiscal year.
CNA Financial Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 3rd. Investors of record on Monday, November 16th will be paid a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend is Monday, November 16th. CNA Financial’s dividend payout ratio (DPR) is presently 42.20%.
Wall Street Analyst Weigh In
CNA has been the topic of several research analyst reports. Zacks Research upgraded shares of CNA Financial from a “strong sell” rating to a “hold” rating in a research report on Thursday, July 16th. Weiss Ratings cut shares of CNA Financial from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, CNA Financial presently has an average rating of “Moderate Buy”.
Get Our Latest Stock Analysis on CNA Financial
CNA Financial Profile
CNA Financial Corporation (NYSE: CNA) is a commercial property and casualty insurance company serving businesses, professionals and organizations. Its offerings include commercial property, casualty, workers’ compensation, professional liability, management liability, cyber, surety, marine and other specialty insurance products.
The company distributes its products primarily through independent agents, brokers and other insurance intermediaries. CNA serves customers across the United States and Canada, as well as selected international markets, including the United Kingdom and Europe.
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