Travelers Companies (NYSE:TRV) Stock Price Expected to Rise, Mizuho Analyst Says

Travelers Companies (NYSE:TRV) had its price objective boosted by analysts at Mizuho from $345.00 to $371.00 in a research report issued to clients and investors on Tuesday, Benzinga reports. The firm currently has a “neutral” rating on the insurance provider’s stock. Mizuho’s price objective would indicate a potential downside of 3.60% from the company’s previous close.

Several other equities research analysts also recently weighed in on the stock. Citigroup reissued a “neutral” rating on shares of Travelers Companies in a research report on Friday. Bank of America boosted their price objective on shares of Travelers Companies from $283.00 to $307.00 and gave the stock an “underperform” rating in a report on Monday, July 20th. Keefe, Bruyette & Woods upped their price objective on Travelers Companies from $372.00 to $382.00 and gave the company a “market perform” rating in a research report on Tuesday. Truist Financial increased their target price on Travelers Companies from $425.00 to $435.00 and gave the company a “buy” rating in a research note on Monday. Finally, UBS Group reiterated a “neutral” rating on shares of Travelers Companies in a research note on Monday. Three investment analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, thirteen have given a Hold rating and five have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $362.42.

Travelers Companies Stock Performance

Shares of TRV stock opened at $384.87 on Tuesday. The company has a market capitalization of $80.27 billion, a price-to-earnings ratio of 10.09, a price-to-earnings-growth ratio of 3.01 and a beta of 0.43. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.33 and a current ratio of 0.33. Travelers Companies has a one year low of $262.89 and a one year high of $398.70. The company’s 50-day moving average is $369.16 and its 200 day moving average is $338.47.

Travelers Companies (NYSE:TRV) last issued its earnings results on Friday, October 16th. The insurance provider reported $9.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.39 by $1.79. The business had revenue of $12.41 billion during the quarter, compared to analysts’ expectations of $11.36 billion. Travelers Companies had a net margin of 17.03% and a return on equity of 26.19%. The business’s revenue for the quarter was down .5% compared to the same quarter last year. During the same period in the previous year, the company earned $8.14 earnings per share. Sell-side analysts expect that Travelers Companies will post 34.25 EPS for the current fiscal year.

Insider Activity at Travelers Companies

In other news, EVP Daniel Yin sold 7,153 shares of the business’s stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $387.00, for a total transaction of $2,768,211.00. Following the completion of the transaction, the executive vice president directly owned 68,834 shares of the company’s stock, valued at $26,638,758. The trade was a 9.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Maria Olivo sold 6,000 shares of the stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $369.86, for a total transaction of $2,219,160.00. Following the transaction, the executive vice president owned 118,742 shares in the company, valued at approximately $43,917,916.12. This trade represents a 4.81% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 22,317 shares of company stock valued at $8,456,081. Insiders own 1.39% of the company’s stock.

Institutional Investors Weigh In On Travelers Companies

Hedge funds have recently added to or reduced their stakes in the stock. Berman McAleer LLC increased its position in Travelers Companies by 3.5% in the second quarter. Berman McAleer LLC now owns 894 shares of the insurance provider’s stock worth $295,000 after buying an additional 30 shares in the last quarter. Willner & Heller LLC lifted its position in shares of Travelers Companies by 2.7% during the 2nd quarter. Willner & Heller LLC now owns 1,206 shares of the insurance provider’s stock valued at $398,000 after buying an additional 32 shares in the last quarter. Spinnaker Trust lifted its position in shares of Travelers Companies by 1.7% during the 1st quarter. Spinnaker Trust now owns 1,938 shares of the insurance provider’s stock valued at $565,000 after buying an additional 33 shares in the last quarter. Avalon Trust Co lifted its position in shares of Travelers Companies by 0.4% during the 1st quarter. Avalon Trust Co now owns 8,784 shares of the insurance provider’s stock valued at $2,562,000 after buying an additional 35 shares in the last quarter. Finally, Wesbanco Bank Inc. grew its stake in shares of Travelers Companies by 2.1% during the 1st quarter. Wesbanco Bank Inc. now owns 1,780 shares of the insurance provider’s stock valued at $519,000 after acquiring an additional 36 shares during the period. 82.45% of the stock is currently owned by hedge funds and other institutional investors.

Travelers Companies News Roundup

Here are the key news stories impacting Travelers Companies this week:

• Positive Sentiment: Travelers exceeded third-quarter expectations with $9.18 in earnings per share versus the $7.39 consensus and revenue of $12.41 billion versus estimates of $11.36 billion. Analysts cited strong underwriting performance and the company’s expanding use of artificial intelligence, prompting several firms to raise their price targets. These Analysts Increase Their Forecasts On Travelers Following Upbeat Q3 Results
• Positive Sentiment: Truist raised its Travelers price target from $425 to $435 and maintained a “buy” rating, implying additional upside from the current level. Truist Raises Travelers Price Target
• Positive Sentiment: Management highlighted strong underwriting profitability, rising investment income and disciplined pricing, supporting confidence in sustaining attractive returns through 2027. The company also returned $1.77 billion to shareholders, reinforcing its capital-return appeal. TRV Q3 Earnings Call Highlights Travelers Lifts Earnings and Returns $1.77 Billion
• Neutral Sentiment: Travelers was included in a roundup of travel-related stocks to follow, though the item provided no company-specific catalyst. Best Travel Stocks To Follow Now
• Negative Sentiment: Bank of America warned that Travelers may be “overearning,” pointing to declining policies, slowing underwriting profits and a relatively rich valuation. This raises questions about the durability of the recent earnings strength. Travelers Companies Is Likely Overearning
• Negative Sentiment: Wells Fargo raised its target from $341 to $377 but kept an “equal weight” rating; the new target remains below the current share price, signaling limited near-term upside. Wells Fargo Raises Travelers Price Target

About Travelers Companies

Travelers Companies, Inc is a property and casualty insurance company that provides insurance products and related services to businesses, government entities and individuals. The company offers coverage for property damage, liability, workers’ compensation, automobile accidents, cybersecurity risks and other exposures.

Travelers conducts its operations primarily through its Business Insurance, Bond & Specialty Insurance and Personal Insurance segments. Its products include commercial property and casualty policies, surety and fidelity bonds, homeowners insurance, personal automobile insurance and umbrella coverage.