Travelers Companies (NYSE:TRV) CEO Alan Schnitzer Sells 88,900 Shares of Stock

The Travelers Companies, Inc. (NYSE:TRV) CEO Alan Schnitzer sold 88,900 shares of the business’s stock in a transaction dated Wednesday, October 21st. The shares were sold at an average price of $396.77, for a total value of $35,272,853.00. Following the completion of the transaction, the chief executive officer directly owned 303,124 shares of the company’s stock, valued at approximately $120,270,509.48. This trade represents a 22.68% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Travelers Companies Trading Down 1.8%

TRV opened at $398.33 on Friday. The stock has a market capitalization of $81.64 billion, a price-to-earnings ratio of 10.44, a P/E/G ratio of 2.83 and a beta of 0.43. 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 Travelers Companies, Inc. has a twelve month low of $264.25 and a twelve month high of $407.86. The company has a 50-day simple moving average of $371.39 and a 200 day simple moving average of $341.14.

Travelers Companies (NYSE:TRV) last released its earnings results on Friday, October 16th. The insurance provider reported $9.18 EPS for the quarter, beating the consensus estimate of $7.39 by $1.79. The firm had revenue of $12.41 billion for the quarter, compared to analyst estimates of $11.36 billion. Travelers Companies had a net margin of 17.03% and a return on equity of 26.19%. The business’s quarterly revenue was down .5% compared to the same quarter last year. During the same period last year, the firm earned $8.14 EPS. Analysts predict that The Travelers Companies, Inc. will post 35.96 EPS for the current fiscal year.

Travelers Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 31st. Investors of record on Thursday, December 10th will be paid a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Thursday, December 10th. Travelers Companies’s dividend payout ratio (DPR) is 13.11%.

Institutional Investors Weigh In On Travelers Companies

A number of institutional investors have recently made changes to their positions in the stock. Berman McAleer LLC lifted its holdings in Travelers Companies by 3.5% during the second quarter. Berman McAleer LLC now owns 894 shares of the insurance provider’s stock worth $295,000 after acquiring an additional 30 shares during the period. Beaumont Financial Advisors LLC boosted its position in Travelers Companies by 2.4% in the third quarter. Beaumont Financial Advisors LLC now owns 1,347 shares of the insurance provider’s stock worth $480,000 after purchasing an additional 31 shares during the last quarter. Willner & Heller LLC grew its stake in Travelers Companies by 2.7% in the 2nd quarter. Willner & Heller LLC now owns 1,206 shares of the insurance provider’s stock valued at $398,000 after purchasing an additional 32 shares during the period. Spinnaker Trust grew its stake in Travelers Companies by 1.7% in the 1st quarter. Spinnaker Trust now owns 1,938 shares of the insurance provider’s stock valued at $565,000 after purchasing an additional 33 shares during the period. Finally, Avalon Trust Co grew its stake in Travelers Companies by 0.4% in the 1st quarter. Avalon Trust Co now owns 8,784 shares of the insurance provider’s stock valued at $2,562,000 after purchasing an additional 35 shares during the period. Institutional investors own 82.45% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on TRV. Truist Financial raised their target price on Travelers Companies from $425.00 to $435.00 and gave the company a “buy” rating in a report on Monday, October 19th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Travelers Companies in a report on Monday. Bank of America upped their price objective on Travelers Companies from $283.00 to $307.00 and gave the stock an “underperform” rating in a research report on Monday, July 20th. TD Cowen lowered Travelers Companies from a “hold” rating to a “sell” rating and set a $297.00 price objective on the stock. in a research note on Monday, July 13th. Finally, Wells Fargo & Company lifted their target price on Travelers Companies from $341.00 to $377.00 and gave the company an “equal weight” rating in a research report on Monday, October 19th. Three research 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. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $365.37.

Trending Headlines about Travelers Companies

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

• Positive Sentiment: DOWLING & PARTN raised its fiscal 2026 EPS estimate for Travelers to $35.75 from $32.50, slightly above the current consensus estimate of $35.65. The revision suggests increased confidence in the insurer’s earnings outlook.
• Positive Sentiment: Keefe, Bruyette & Woods, Mizuho and JPMorgan Chase reportedly increased their price targets for TRV. The target increases add to the positive analyst momentum surrounding the shares. Keefe, Bruyette & Woods price target article Mizuho price target article JPMorgan price target article
• Positive Sentiment: Zacks highlighted Travelers as a potential momentum stock, reflecting its recent price strength and favorable trend signals. Zacks Travelers momentum article
• Positive Sentiment: Diversify Advisory Services increased its TRV holdings by 20.5% in the third quarter. Institutional buying can provide modest support for the stock. Diversify Advisory Services holdings article
• Neutral Sentiment: Travelers’ latest quarterly results were strong, with EPS of $9.18 versus a $7.39 estimate and revenue of $12.41 billion versus an $11.36 billion forecast. However, revenue declined slightly year over year, and the average analyst rating remains Hold.
• Negative Sentiment: EVPs Michael Klein and Maria Olivo sold a combined 22,600 shares worth roughly $9 million. Both executives retained sizable positions, but the transactions may create a modestly negative signal. Michael Klein SEC filing Maria Olivo SEC filing
• Negative Sentiment: BMO Capital maintained a Hold rating and Barclays issued a Sell rating, underscoring concerns about valuation after TRV’s recent advance.

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.