Assurant, Inc. $AIZ Stock Position Lifted by California State Teachers Retirement System

Key Points

• California State Teachers Retirement System dramatically increased its Assurant position by 26,178.3% in the second quarter, acquiring more than 15.4 million shares and bringing its ownership to 31.34% of the company.
• Assurant reported strong quarterly results, with EPS of $6.41 versus the $5.17 consensus and revenue of $3.45 billion, up 9.4% year over year.
• Analyst sentiment remains favorable, with a consensus “Buy” rating and an average price target of $327.14, while Assurant maintains a quarterly dividend of $0.88 per share.

California State Teachers Retirement System lifted its position in Assurant, Inc. (NYSE:AIZ - Free Report) by 26,178.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,459,004 shares of the financial services provider's stock after acquiring an additional 15,400,176 shares during the quarter. California State Teachers Retirement System owned 31.34% of Assurant worth $4,151,206,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. First Bancorp Inc ME acquired a new stake in shares of Assurant during the 2nd quarter valued at approximately $31,000. Arlington Trust Co LLC boosted its holdings in Assurant by 81.4% in the second quarter. Arlington Trust Co LLC now owns 127 shares of the financial services provider's stock worth $34,000 after purchasing an additional 57 shares during the period. CYBER HORNET ETFs LLC bought a new stake in Assurant during the second quarter valued at $27,000. Transamerica Financial Advisors LLC bought a new stake in Assurant during the second quarter valued at $40,000. Finally, Western Wealth Management LLC bought a new stake in Assurant during the first quarter valued at $33,000. 92.65% of the stock is currently owned by institutional investors.

Assurant Price Performance

Shares of NYSE AIZ opened at $280.47 on Thursday. Assurant, Inc. has a 1-year low of $205.01 and a 1-year high of $303.94. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.38 and a quick ratio of 0.38. The business's fifty day moving average price is $281.68 and its two-hundred day moving average price is $252.91. The firm has a market capitalization of $13.83 billion, a PE ratio of 13.39 and a beta of 0.54.

Assurant (NYSE:AIZ - Get Free Report) last posted its earnings results on Tuesday, August 4th. The financial services provider reported $6.41 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $5.17 by $1.24. Assurant had a return on equity of 20.40% and a net margin of 7.90%.The company had revenue of $3.45 billion for the quarter, compared to analysts' expectations of $3.43 billion. During the same period last year, the business posted $5.56 earnings per share. The firm's quarterly revenue was up 9.4% compared to the same quarter last year. On average, research analysts expect that Assurant, Inc. will post 22.07 EPS for the current year.

Assurant Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 28th. Investors of record on Monday, August 31st will be given a $0.88 dividend. The ex-dividend date is Monday, August 31st. This represents a $3.52 annualized dividend and a yield of 1.3%. Assurant's dividend payout ratio (DPR) is currently 16.81%.

Key Assurant News

Here are the key news stories impacting Assurant this week:

• Positive Sentiment: Zacks raised several earnings forecasts. Estimates increased for fiscal 2026 EPS to $21.79 from $21.70, fiscal 2027 EPS to $23.12 from $23.00, and fiscal 2028 EPS to $24.92 from $24.74. Quarterly estimates for Q1 2027, Q2 2027 and Q2 2028 were also raised, suggesting improving confidence in Assurant’s longer-term earnings trajectory. Assurant earnings estimate updates
• Positive Sentiment: Assurant was highlighted as a stock to buy. Zacks included AIZ among companies viewed as having sustainable sales growth, strong cash flow, favorable valuation and solid profitability. This supports the investment case, particularly as investors seek financially resilient companies amid renewed Middle East tensions. Zacks sales growth stocks article
• Neutral Sentiment: The estimate revisions were not uniformly positive. Zacks trimmed Q4 2026 EPS from $4.98 to $4.96 and Q4 2027 EPS from $5.65 to $5.60. These reductions partially offset the upward revisions but do not materially alter the broader multi-year earnings outlook.
• Neutral Sentiment: Recent fundamentals remain a supportive backdrop. Assurant’s latest reported quarter exceeded expectations, with EPS of $6.41 versus a $5.17 consensus and revenue growth of 9.4% year over year. However, the current estimate changes are incremental, so they may provide only limited support for the share price in the near term.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on AIZ. Truist Financial raised their price target on shares of Assurant from $310.00 to $355.00 and gave the stock a "buy" rating in a research report on Thursday, August 6th. Weiss Ratings raised shares of Assurant from a "buy (b+)" rating to a "buy (a-)" rating in a research report on Tuesday, August 11th. Piper Sandler increased their price objective on shares of Assurant from $290.00 to $329.00 and gave the stock an "overweight" rating in a research note on Thursday, August 6th. Wall Street Zen lowered shares of Assurant from a "buy" rating to a "hold" rating in a research note on Saturday, July 25th. Finally, Royal Bank Of Canada set a $310.00 target price on shares of Assurant in a report on Wednesday, June 17th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Buy" and an average price target of $327.14.

Insider Activity

In other Assurant news, EVP Robert Lonergan sold 7,000 shares of the company's stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $262.71, for a total value of $1,838,970.00. Following the completion of the transaction, the executive vice president owned 27,374 shares in the company, valued at approximately $7,191,423.54. This represents a 20.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Biju Nair sold 3,931 shares of the firm's stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $302.46, for a total transaction of $1,188,970.26. Following the completion of the sale, the executive vice president owned 24,247 shares in the company, valued at $7,333,747.62. The trade was a 13.95% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.54% of the company's stock.

About Assurant

Assurant, Inc is a global provider of risk management products and services, specializing in the housing and lifestyle markets. The company offers insurance and related products designed to help consumers protect their homes, personal belongings, and electronic devices. Its core offerings include renters insurance, manufactured housing finance, flood insurance, mobile device protection plans, and extended service contracts for appliances and electronics.

Within its Global Housing segment, Assurant partners with mortgage lenders, financial institutions and government agencies to deliver specialty insurance and risk mitigation services.

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