The Progressive Corporation $PGR Stock Holdings Raised by Inspire Investing LLC

Inspire Investing LLC lifted its holdings in The Progressive Corporation (NYSE:PGR) by 5.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 58,447 shares of the insurance provider’s stock after buying an additional 3,168 shares during the quarter. Progressive makes up about 1.2% of Inspire Investing LLC’s portfolio, making the stock its 8th biggest position. Inspire Investing LLC’s holdings in Progressive were worth $13,310,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Investment Management Corp of Ontario raised its holdings in shares of Progressive by 47.0% in the fourth quarter. Investment Management Corp of Ontario now owns 54,149 shares of the insurance provider’s stock worth $12,331,000 after buying an additional 17,325 shares during the period. Janus Henderson Group PLC raised its holdings in shares of Progressive by 8.0% in the fourth quarter. Janus Henderson Group PLC now owns 5,447,267 shares of the insurance provider’s stock worth $1,240,376,000 after buying an additional 403,240 shares during the period. Gotham Asset Management LLC raised its holdings in shares of Progressive by 393.6% in the fourth quarter. Gotham Asset Management LLC now owns 139,510 shares of the insurance provider’s stock worth $31,769,000 after buying an additional 111,246 shares during the period. Evolve Private Wealth LLC purchased a new stake in shares of Progressive in the fourth quarter worth approximately $813,000. Finally, Fairholme Capital Management LLC purchased a new stake in shares of Progressive in the fourth quarter worth approximately $5,830,000. 85.34% of the stock is currently owned by hedge funds and other institutional investors.

Progressive Stock Down 0.0%

Shares of NYSE PGR opened at $204.64 on Thursday. The company has a current ratio of 0.27, a quick ratio of 0.27 and a debt-to-equity ratio of 0.26. The stock has a market capitalization of $119.58 billion, a PE ratio of 10.40, a price-to-earnings-growth ratio of 5.93 and a beta of 0.28. The stock’s fifty day simple moving average is $199.73 and its two-hundred day simple moving average is $207.42. The Progressive Corporation has a 12-month low of $189.20 and a 12-month high of $267.92.

Progressive (NYSE:PGR) last announced its earnings results on Wednesday, April 15th. The insurance provider reported $4.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.67 by $0.13. The business had revenue of $22.19 billion for the quarter, compared to analysts’ expectations of $23.51 billion. Progressive had a return on equity of 33.47% and a net margin of 12.92%.The business’s revenue for the quarter was up 6.5% on a year-over-year basis. During the same quarter last year, the firm earned $4.37 EPS. As a group, analysts expect that The Progressive Corporation will post 16.34 EPS for the current fiscal year.

Progressive Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 10th. Stockholders of record on Thursday, July 2nd will be given a $0.10 dividend. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.2%. Progressive’s dividend payout ratio (DPR) is presently 2.03%.

Analyst Ratings Changes

Several research analysts have commented on PGR shares. Zacks Research upgraded Progressive from a “strong sell” rating to a “hold” rating in a report on Tuesday, February 24th. Keefe, Bruyette & Woods restated a “market perform” rating on shares of Progressive in a report on Friday, May 22nd. Morgan Stanley reduced their price objective on Progressive from $205.00 to $190.00 and set an “underweight” rating on the stock in a report on Tuesday, March 31st. UBS Group raised their price objective on Progressive from $218.00 to $220.00 and gave the stock a “neutral” rating in a report on Monday, March 23rd. Finally, The Goldman Sachs Group restated a “buy” rating and set a $225.00 price objective on shares of Progressive in a report on Monday, February 23rd. Six equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $238.11.

Insider Transactions at Progressive

In other news, insider Steven Broz sold 1,157 shares of the firm’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $200.00, for a total value of $231,400.00. Following the completion of the sale, the insider owned 28,668 shares of the company’s stock, valued at $5,733,600. This trade represents a 3.88% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider John Jo Murphy sold 5,916 shares of the firm’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $200.00, for a total value of $1,183,200.00. Following the completion of the sale, the insider directly owned 41,290 shares of the company’s stock, valued at $8,258,000. The trade was a 12.53% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 7,343 shares of company stock valued at $1,470,355 in the last quarter. 0.32% of the stock is currently owned by corporate insiders.

Trending Headlines about Progressive

Here are the key news stories impacting Progressive this week:

• Positive Sentiment: Progressive reported solid May 2026 results, with net premiums written up 6%, net premiums earned up 10%, net income up 36%, and the combined ratio improving to 82.1 from 86.9 a year ago, signaling stronger profitability and underwriting performance. Progressive Reports May 2026 Results
• Positive Sentiment: Policies in force rose 8% year over year to 39.97 million, showing continued growth in Progressive’s auto and personal lines business. Progressive names new leadership structure as profit jumps
• Positive Sentiment: BofA reportedly raised its price target on PGR to $331 and kept a Buy rating, reinforcing the bullish case after the strong monthly update. BofA Raises PT on The Progressive Corporation (PGR) Stock
• Neutral Sentiment: Progressive announced management changes, including the planned January 2027 retirement of Personal Lines President Pat Callahan and new roles for Lori Niederst and Heather Day; the succession plan is orderly, but it adds a layer of transition risk. Progressive Announces Management Changes
• Negative Sentiment: Jim Cramer said the “group is under a lot of pressure,” reflecting broader investor concern that auto insurers like Progressive may face margin pressure if inflation or claims trends worsen. Jim Cramer on Progressive Corporation: “That Group Is Under a Lot of Pressure”

Progressive Company Profile

Progressive Corporation is a large U.S.-based property and casualty insurer that primarily underwrites personal auto insurance along with a broad suite of related products. Its offerings include coverage for private passenger automobiles, commercial auto fleets, motorcycles, boats and recreational vehicles, as well as homeowners, renters, umbrella and other specialty P&C products. Progressive also provides claims handling, risk management and related services to individual and commercial policyholders.

The company distributes its products through a mix of direct channels—online and by phone—and an extensive independent agent network.