William Blair Weighs in on The Travelers Companies, Inc.’s Q4 2024 Earnings (NYSE:TRV)

The Travelers Companies, Inc. (NYSE:TRV) – Investment analysts at William Blair lifted their Q4 2024 EPS estimates for Travelers Companies in a research note issued to investors on Wednesday, April 17th. William Blair analyst A. Klauber now expects that the insurance provider will post earnings of $6.09 per share for the quarter, up from their previous estimate of $6.00. The consensus estimate for Travelers Companies’ current full-year earnings is $17.66 per share.

Travelers Companies (NYSE:TRV) last announced its quarterly earnings results on Wednesday, April 17th. The insurance provider reported $4.69 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.75 by ($0.06). Travelers Companies had a net margin of 7.32% and a return on equity of 13.94%. The firm had revenue of $11.23 billion for the quarter, compared to analyst estimates of $10.62 billion. During the same period last year, the firm posted $4.11 EPS. The business’s revenue was up 15.7% compared to the same quarter last year.

Several other equities analysts also recently issued reports on TRV. Piper Sandler reissued a “neutral” rating and set a $213.00 price target on shares of Travelers Companies in a report on Monday, April 1st. Raymond James upped their price objective on shares of Travelers Companies from $220.00 to $245.00 and gave the stock a “strong-buy” rating in a report on Monday, January 22nd. TD Cowen reduced their price objective on shares of Travelers Companies from $261.00 to $252.00 and set a “buy” rating for the company in a report on Tuesday. Citigroup upped their price objective on shares of Travelers Companies from $215.00 to $226.00 and gave the stock a “neutral” rating in a report on Tuesday, April 16th. Finally, Jefferies Financial Group reduced their price objective on shares of Travelers Companies from $222.00 to $219.00 and set a “hold” rating for the company in a report on Friday, April 19th. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $223.47.

Travelers Companies Stock Performance

Shares of TRV opened at $214.35 on Monday. Travelers Companies has a 1 year low of $157.33 and a 1 year high of $232.75. The company has a market cap of $49.08 billion, a price-to-earnings ratio of 15.92, a price-to-earnings-growth ratio of 1.12 and a beta of 0.58. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.34 and a current ratio of 0.34. The firm has a fifty day moving average of $221.75 and a 200-day moving average of $197.84.

Travelers Companies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Monday, June 10th will be issued a dividend of $1.05 per share. This represents a $4.20 annualized dividend and a yield of 1.96%. The ex-dividend date is Friday, June 7th. This is an increase from Travelers Companies’s previous quarterly dividend of $1.00. Travelers Companies’s payout ratio is presently 29.72%.

Insiders Place Their Bets

In other Travelers Companies news, CFO Daniel S. Frey sold 38,000 shares of the business’s stock in a transaction dated Tuesday, February 6th. The stock was sold at an average price of $212.55, for a total transaction of $8,076,900.00. Following the sale, the chief financial officer now owns 14,810 shares in the company, valued at approximately $3,147,865.50. The transaction was disclosed in a filing with the SEC, which is available through this link. In other Travelers Companies news, EVP Diane Kurtzman sold 3,000 shares of the business’s stock in a transaction dated Thursday, January 25th. The stock was sold at an average price of $211.02, for a total transaction of $633,060.00. Following the sale, the executive vice president now owns 2,215 shares in the company, valued at approximately $467,409.30. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CFO Daniel S. Frey sold 38,000 shares of the company’s stock in a transaction dated Tuesday, February 6th. The shares were sold at an average price of $212.55, for a total value of $8,076,900.00. Following the completion of the transaction, the chief financial officer now owns 14,810 shares in the company, valued at approximately $3,147,865.50. The disclosure for this sale can be found here. In the last quarter, insiders have sold 68,734 shares of company stock worth $14,637,364. Company insiders own 1.33% of the company’s stock.

Hedge Funds Weigh In On Travelers Companies

Large investors have recently made changes to their positions in the business. Wealth Quarterback LLC grew its holdings in Travelers Companies by 1.1% during the fourth quarter. Wealth Quarterback LLC now owns 4,333 shares of the insurance provider’s stock valued at $825,000 after purchasing an additional 49 shares during the last quarter. Kapitalo Investimentos Ltda grew its stake in shares of Travelers Companies by 24.1% in the fourth quarter. Kapitalo Investimentos Ltda now owns 252 shares of the insurance provider’s stock worth $48,000 after acquiring an additional 49 shares during the last quarter. Massmutual Trust Co. FSB ADV grew its stake in shares of Travelers Companies by 9.8% in the first quarter. Massmutual Trust Co. FSB ADV now owns 561 shares of the insurance provider’s stock worth $129,000 after acquiring an additional 50 shares during the last quarter. Norwood Financial Corp grew its stake in shares of Travelers Companies by 16.1% in the first quarter. Norwood Financial Corp now owns 360 shares of the insurance provider’s stock worth $83,000 after acquiring an additional 50 shares during the last quarter. Finally, Grimes & Company Inc. grew its stake in shares of Travelers Companies by 2.2% in the fourth quarter. Grimes & Company Inc. now owns 2,420 shares of the insurance provider’s stock worth $461,000 after acquiring an additional 53 shares during the last quarter. Institutional investors and hedge funds own 82.45% of the company’s stock.

About Travelers Companies

The Travelers Companies, Inc, through its subsidiaries, provides a range of commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the United States and internationally. The company operates through three segments: Business Insurance, Bond & Specialty Insurance, and Personal Insurance.