HighTower Advisors LLC Acquires 6,127 Shares of Assurant, Inc. $AIZ

HighTower Advisors LLC grew its stake in shares of Assurant, Inc. (NYSE:AIZ) by 603.6% in the third quarter, Holdings Channel reports. The firm owned 7,142 shares of the financial services provider’s stock after acquiring an additional 6,127 shares during the period. HighTower Advisors LLC’s holdings in Assurant were worth $1,547,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in Assurant by 1.3% during the 2nd quarter. Vanguard Group Inc. now owns 6,775,234 shares of the financial services provider’s stock valued at $1,338,041,000 after buying an additional 88,749 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of Assurant by 23.7% during the third quarter. Bank of New York Mellon Corp now owns 5,010,373 shares of the financial services provider’s stock valued at $1,085,247,000 after acquiring an additional 959,259 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in shares of Assurant by 4.5% in the second quarter. Massachusetts Financial Services Co. MA now owns 1,245,022 shares of the financial services provider’s stock valued at $245,879,000 after purchasing an additional 53,773 shares during the period. Nordea Investment Management AB boosted its holdings in shares of Assurant by 29.3% in the third quarter. Nordea Investment Management AB now owns 665,683 shares of the financial services provider’s stock valued at $143,588,000 after purchasing an additional 150,907 shares during the period. Finally, Norges Bank bought a new position in Assurant in the second quarter worth approximately $131,300,000. Hedge funds and other institutional investors own 92.65% of the company’s stock.

Wall Street Analysts Forecast Growth

AIZ has been the subject of a number of research analyst reports. Keefe, Bruyette & Woods lifted their target price on Assurant from $248.00 to $254.00 and gave the company an “outperform” rating in a research report on Thursday, November 20th. UBS Group lifted their price objective on Assurant from $255.00 to $257.00 and gave the company a “buy” rating in a report on Monday, November 10th. Truist Financial increased their target price on shares of Assurant from $265.00 to $280.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. BMO Capital Markets cut their target price on shares of Assurant from $255.00 to $246.00 and set an “outperform” rating on the stock in a research report on Thursday, February 12th. Finally, Wall Street Zen cut shares of Assurant from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. Eight research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $258.17.

Assurant Stock Up 0.1%

Shares of Assurant stock opened at $229.75 on Monday. Assurant, Inc. has a 52-week low of $174.97 and a 52-week high of $246.31. The firm’s 50 day moving average price is $234.00 and its 200-day moving average price is $223.82. The company has a quick ratio of 0.39, a current ratio of 0.39 and a debt-to-equity ratio of 0.38. The company has a market cap of $11.42 billion, a P/E ratio of 13.54 and a beta of 0.58.

Assurant (NYSE:AIZ) last announced its earnings results on Tuesday, February 10th. The financial services provider reported $5.61 earnings per share for the quarter, beating the consensus estimate of $5.55 by $0.06. The company had revenue of $3.35 billion during the quarter, compared to the consensus estimate of $3.28 billion. Assurant had a net margin of 6.81% and a return on equity of 18.65%. Assurant’s revenue was up 7.9% compared to the same quarter last year. During the same period last year, the firm earned $4.79 earnings per share. On average, sell-side analysts predict that Assurant, Inc. will post 16.88 EPS for the current fiscal year.

Assurant Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Tuesday, February 17th will be given a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Tuesday, February 17th. Assurant’s dividend payout ratio is currently 20.74%.

Assurant News Summary

Here are the key news stories impacting Assurant this week:

• Positive Sentiment: Zacks lifted several near‑term and medium‑term EPS forecasts (notably Q1 2026 to $5.36 from $5.12, Q1 2027 to $4.98 from $4.86, Q2 2027 to $5.60 from $5.52, and modest raises for Q3 2026/Q3 2027 and FY2026). These upward tweaks imply better near‑term operating visibility and helped offset some weaker calls. Zacks estimate upgrades
• Positive Sentiment: Short interest fell ~16.9% in the latest reporting period (to ~769k shares), lowering the short‑ratio to ~1.3 days — a technical bullish sign that reduces downside pressure from short sellers. Short interest report
• Neutral Sentiment: Zacks published a FY2028 EPS projection ($24.21) — useful for longer‑term modeling but unlikely to move the stock materially today compared with the nearer‑term estimate changes. FY2028 outlook
• Negative Sentiment: Offsetting the positives, Zacks cut several later‑quarter and FY2027 forecasts (Q4 2026 to $5.75 from $5.93, Q4 2027 to $5.91 from $6.47, and FY2027 to $22.49 from $22.81), which signals some expected softness in back‑half results and caps upside. These downward revisions are a headwind for multiple‑quarter guidance expectations. Zacks estimate cuts

About Assurant

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.