6,308 The Travelers Companies, Inc. $TRV Shares Sold by ProShare Advisors LLC

ProShare Advisors LLC lessened its position in shares of The Travelers Companies, Inc. (NYSE:TRV) by 4.4% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 135,663 shares of the insurance provider’s stock after selling 6,308 shares during the quarter. ProShare Advisors LLC’s holdings in Travelers Companies were worth $48,365,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in shares of Travelers Companies in the second quarter worth about $6,915,909,000. Bank of America Corp DE purchased a new stake in shares of Travelers Companies during the 2nd quarter worth about $932,142,000. GQG Partners LLC acquired a new stake in shares of Travelers Companies during the 2nd quarter valued at about $789,024,000. Legal & General Group Plc acquired a new stake in shares of Travelers Companies during the 2nd quarter valued at about $558,164,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Travelers Companies during the 2nd quarter valued at about $469,505,000. Institutional investors and hedge funds own 82.45% of the company’s stock.

Insider Buying and Selling at Travelers Companies

In related news, EVP Maria Olivo sold 15,100 shares of Travelers Companies stock in a transaction that occurred on Wednesday, October 21st. The stock was sold at an average price of $398.44, for a total transaction of $6,016,444.00. Following the transaction, the executive vice president owned 103,642 shares in the company, valued at approximately $41,295,118.48. This trade represents a 12.72% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Mojgan M. Lefebvre sold 11,000 shares of the business’s stock in a transaction on Tuesday, October 27th. The stock was sold at an average price of $393.84, for a total value of $4,332,240.00. Following the transaction, the executive vice president directly owned 11,000 shares in the company, valued at $4,332,240. This trade represents a 50.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 180,287 shares of company stock worth $71,713,050. 1.39% of the stock is owned by company insiders.

Travelers Companies Price Performance

Shares of NYSE TRV opened at $396.39 on Monday. The firm has a 50-day simple moving average of $374.52 and a 200-day simple moving average of $329.53. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of $81.24 billion, a price-to-earnings ratio of 10.39, a price-to-earnings-growth ratio of 2.74 and a beta of 0.43. The Travelers Companies, Inc. has a 52 week low of $264.25 and a 52 week high of $407.86.

Travelers Companies (NYSE:TRV) last posted its quarterly earnings results on Friday, October 16th. The insurance provider reported $9.18 earnings per share for the quarter, topping analysts’ consensus estimates of $7.39 by $1.79. Travelers Companies had a net margin of 17.03% and a return on equity of 26.19%. The firm had revenue of $12.41 billion for the quarter, compared to analyst estimates of $11.36 billion. During the same period in the previous year, the business posted $8.14 earnings per share. Travelers Companies’s quarterly revenue was down .5% on a year-over-year basis. On average, equities analysts predict that The Travelers Companies, Inc. will post 36.27 earnings per share for the current fiscal year.

Travelers Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Thursday, December 10th will be issued a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Thursday, December 10th. Travelers Companies’s payout ratio is currently 13.11%.

Key Travelers Companies News

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

• Positive Sentiment: Travelers launched an AI-powered workers’ compensation quoting tool that reportedly cuts quote-generation time in half. Faster processing could improve underwriting efficiency and help TRV win more small-business customers. TRV Launches AI Quoting Tool to Target Workers’ Compensation Growth
• Positive Sentiment: TRV continues to attract value-oriented interest following its latest quarterly report, when it delivered $9.18 in earnings per share versus the $7.39 consensus estimate and generated $12.41 billion in revenue. The company also declared a $1.25 quarterly dividend, equivalent to $5.00 annually, with a low payout ratio of about 13%. Why Travelers Is a Top Value Stock for the Long-Term
• Neutral Sentiment: Analyst opinion remains divided. Cantor Fitzgerald raised its price target to $397 and maintained an overweight view, but the broader consensus rating is “Hold,” with an average target of $366.37—below recent trading levels. This may limit near-term upside unless Travelers produces additional earnings or operating catalysts.
• Negative Sentiment: Two executive vice presidents recently sold a combined 14,000 shares worth approximately $5.53 million. Andy Bessette sold 3,000 shares, while Mojgan Lefebvre sold 11,000 shares and cut her position by half. Insider selling is not necessarily fundamental news, but the size and timing may weigh on sentiment. Travelers Executive Insider Stock Sale
• Negative Sentiment: Elon Musk’s support for a claim that autonomous driving could reduce crash costs by $1.5 trillion raises a longer-term risk for property and casualty insurers. If self-driving technology materially reduces accidents, auto insurance premiums and related profits could face pressure, although the financial impact on Travelers is uncertain and likely gradual. Elon Musk Backs a $1.5 Trillion Self-Driving Claim

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on TRV shares. Weiss Ratings raised Travelers Companies from a “buy (a)” rating to a “buy (a+)” rating in a report on Friday, October 9th. Mizuho increased their price target on Travelers Companies from $345.00 to $371.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 20th. Truist Financial raised their price objective on Travelers Companies from $425.00 to $435.00 and gave the company a “buy” rating in a report on Monday, October 19th. UBS Group restated a “neutral” rating on shares of Travelers Companies in a research report on Monday, October 19th. Finally, The Goldman Sachs Group downgraded Travelers Companies from a “neutral” rating to a “sell” rating and set a $350.00 target price for the company. in a research note on Monday, July 20th. Three research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, thirteen have given a Hold rating and five have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $366.37.

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.