Northwestern Mutual Wealth Management Co. Acquires 26,419 Shares of Assurant, Inc. $AIZ

Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Assurant, Inc. (NYSE:AIZ) by 3,700.1% in the 4th quarter, Holdings Channel.com reports. The firm owned 27,133 shares of the financial services provider’s stock after purchasing an additional 26,419 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Assurant were worth $6,535,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Montag A & Associates Inc. bought a new stake in Assurant during the 4th quarter valued at approximately $28,000. CYBER HORNET ETFs LLC bought a new stake in Assurant during the 2nd quarter valued at approximately $27,000. Smartleaf Asset Management LLC boosted its stake in Assurant by 65.6% during the 3rd quarter. Smartleaf Asset Management LLC now owns 149 shares of the financial services provider’s stock valued at $32,000 after purchasing an additional 59 shares during the period. BOKF NA bought a new stake in Assurant during the 3rd quarter valued at approximately $32,000. Finally, Root Financial Partners LLC bought a new stake in Assurant during the 3rd quarter valued at approximately $34,000. Institutional investors own 92.65% of the company’s stock.

Assurant Price Performance

Shares of AIZ stock opened at $254.90 on Friday. The stock has a 50 day moving average of $228.97 and a two-hundred day moving average of $229.81. The company has a current ratio of 0.39, a quick ratio of 0.39 and a debt-to-equity ratio of 0.38. Assurant, Inc. has a 12 month low of $183.39 and a 12 month high of $260.96. The company has a market capitalization of $12.63 billion, a P/E ratio of 13.04 and a beta of 0.56.

Assurant (NYSE:AIZ) last announced its quarterly earnings data on Tuesday, May 5th. The financial services provider reported $5.95 EPS for the quarter, topping analysts’ consensus estimates of $5.29 by $0.66. The company had revenue of $3.42 billion during the quarter, compared to the consensus estimate of $3.29 billion. Assurant had a return on equity of 20.32% and a net margin of 7.60%.The company’s quarterly revenue was up 11.3% on a year-over-year basis. During the same quarter last year, the company earned $5.79 EPS. As a group, equities analysts expect that Assurant, Inc. will post 21.04 EPS for the current year.

Assurant Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Monday, June 8th will be given a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Monday, June 8th. Assurant’s dividend payout ratio (DPR) is 18.01%.

Analysts Set New Price Targets

A number of analysts have commented on the company. Piper Sandler raised their price objective on Assurant from $264.00 to $268.00 and gave the stock an “overweight” rating in a research report on Monday, May 11th. Truist Financial raised their price objective on Assurant from $280.00 to $290.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Wall Street Zen downgraded Assurant from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. Morgan Stanley upgraded Assurant from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $240.00 to $285.00 in a research report on Thursday, May 14th. Finally, Keefe, Bruyette & Woods raised their price objective on Assurant from $258.00 to $270.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. Nine investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $272.17.

Insider Buying and Selling

In related news, EVP Jay Rosenblum sold 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $251.77, for a total transaction of $503,540.00. Following the completion of the transaction, the executive vice president owned 12,764 shares in the company, valued at $3,213,592.28. This trade represents a 13.55% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Dimitry Dirienzo sold 750 shares of the firm’s stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of $210.98, for a total value of $158,235.00. Following the transaction, the chief accounting officer owned 4,741 shares of the company’s stock, valued at $1,000,256.18. This trade represents a 13.66% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 29,650 shares of company stock worth $7,419,621 over the last 90 days. Corporate insiders own 0.54% of the company’s stock.

Assurant News Roundup

Here are the key news stories impacting Assurant this week:

• Positive Sentiment: Zacks Research raised its earnings estimates for Assurant across multiple periods, including FY2026, FY2027, FY2028, Q1 2027, Q2 2027, and Q3 2027. Higher profit forecasts can support the stock by signaling better-than-expected business performance. Article Title
• Positive Sentiment: Assurant declared a quarterly dividend of $0.88 per share, reinforcing its shareholder-return profile and offering income support for investors.
• Neutral Sentiment: One Zacks update did trim near-term estimates for Q2 2026, Q3 2026, and Q4 2026, while another note slightly lowered Q4 2027 forecasts. These mixed revisions temper the bullish tone but do not outweigh the broader upward trend in longer-term estimates.

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.