Intech Investment Management LLC Increases Position in Stewart Information Services Corporation $STC

Intech Investment Management LLC increased its position in shares of Stewart Information Services Corporation (NYSE:STC) by 111.0% during the 3rd quarter, Holdings Channel reports. The firm owned 57,198 shares of the insurance provider’s stock after acquiring an additional 30,093 shares during the period. Intech Investment Management LLC’s holdings in Stewart Information Services were worth $4,194,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of STC. Squarepoint Ops LLC increased its stake in Stewart Information Services by 207.3% in the 2nd quarter. Squarepoint Ops LLC now owns 22,679 shares of the insurance provider’s stock worth $1,476,000 after buying an additional 15,299 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Stewart Information Services by 8.9% in the second quarter. Envestnet Asset Management Inc. now owns 118,127 shares of the insurance provider’s stock worth $7,690,000 after acquiring an additional 9,622 shares during the period. Cooke & Bieler LP grew its position in shares of Stewart Information Services by 23.2% during the third quarter. Cooke & Bieler LP now owns 551,519 shares of the insurance provider’s stock worth $40,437,000 after purchasing an additional 103,777 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Stewart Information Services during the 3rd quarter valued at approximately $1,389,000. Finally, Tributary Capital Management LLC lifted its holdings in Stewart Information Services by 92.5% in the 3rd quarter. Tributary Capital Management LLC now owns 568,864 shares of the insurance provider’s stock worth $41,709,000 after purchasing an additional 273,424 shares in the last quarter. Institutional investors own 96.90% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on STC. Citizens Jmp initiated coverage on shares of Stewart Information Services in a research report on Monday, February 2nd. They set a “market outperform” rating and a $80.00 price objective on the stock. Keefe, Bruyette & Woods lifted their price target on shares of Stewart Information Services from $81.00 to $82.00 and gave the company an “outperform” rating in a report on Monday, February 9th. Stephens raised shares of Stewart Information Services from an “equal weight” rating to an “overweight” rating and set a $82.00 price objective for the company in a report on Friday. Wall Street Zen lowered Stewart Information Services from a “buy” rating to a “hold” rating in a research report on Sunday, February 8th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Stewart Information Services in a research report on Monday, December 29th. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Stewart Information Services presently has a consensus rating of “Buy” and a consensus target price of $81.33.

Stewart Information Services Stock Up 1.8%

Shares of NYSE STC opened at $71.13 on Monday. The firm’s 50-day moving average price is $68.86 and its 200-day moving average price is $71.27. The company has a current ratio of 2.19, a quick ratio of 1.77 and a debt-to-equity ratio of 0.39. The stock has a market capitalization of $1.99 billion, a price-to-earnings ratio of 17.61 and a beta of 1.00. Stewart Information Services Corporation has a 12-month low of $56.39 and a 12-month high of $78.61.

Stewart Information Services (NYSE:STC) last released its quarterly earnings results on Wednesday, February 4th. The insurance provider reported $1.65 EPS for the quarter, topping the consensus estimate of $1.35 by $0.30. Stewart Information Services had a return on equity of 9.32% and a net margin of 3.95%.The company had revenue of $794.40 million during the quarter, compared to analyst estimates of $774.05 million. During the same quarter last year, the business posted $1.12 earnings per share. The firm’s revenue was up 18.7% on a year-over-year basis. On average, equities research analysts anticipate that Stewart Information Services Corporation will post 6.29 EPS for the current fiscal year.

Stewart Information Services Profile

Stewart Information Services Corporation (NYSE: STC) is a publicly traded provider of title insurance and real estate transaction services. The company underwrites title insurance policies for residential and commercial properties, offering lenders and property owners protection against title defects and liens. Beyond title insurance, Stewart delivers a range of ancillary services, including closing and escrow administration, property valuation, and risk mitigation solutions designed to streamline the mortgage process and reduce operational complexity for clients.

In addition to core title and settlement services, Stewart offers technology-driven products aimed at enhancing transparency and efficiency in real estate transactions.