Strs Ohio Boosts Stock Holdings in Assurant, Inc. $AIZ

Strs Ohio increased its holdings in shares of Assurant, Inc. (NYSE:AIZ - Free Report) by 972.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,994 shares of the financial services provider's stock after purchasing an additional 11,782 shares during the quarter. Strs Ohio's holdings in Assurant were worth $3,130,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of AIZ. Jones Financial Companies Lllp boosted its holdings in shares of Assurant by 606.7% during the 1st quarter. Jones Financial Companies Lllp now owns 1,060 shares of the financial services provider's stock valued at $222,000 after acquiring an additional 910 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Assurant by 19.6% during the first quarter. Goldman Sachs Group Inc. now owns 290,759 shares of the financial services provider's stock valued at $60,987,000 after purchasing an additional 47,548 shares during the last quarter. United Services Automobile Association bought a new position in Assurant during the first quarter valued at approximately $203,000. Focus Partners Wealth boosted its holdings in Assurant by 66.6% in the first quarter. Focus Partners Wealth now owns 2,648 shares of the financial services provider's stock worth $556,000 after purchasing an additional 1,059 shares during the last quarter. Finally, Geneos Wealth Management Inc. boosted its holdings in Assurant by 57.8% in the first quarter. Geneos Wealth Management Inc. now owns 183 shares of the financial services provider's stock worth $38,000 after purchasing an additional 67 shares during the last quarter. 92.65% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CAO Dimitry Dirienzo sold 750 shares of the firm's stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of $210.98, for a total transaction of $158,235.00. Following the completion of the sale, the chief accounting officer directly owned 4,741 shares of the company's stock, valued at approximately $1,000,256.18. This trade represents a 13.66% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Subhashish Sengupta sold 1,880 shares of the firm's stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of $210.53, for a total value of $395,796.40. Following the sale, the executive vice president directly owned 2,895 shares of the company's stock, valued at $609,484.35. This represents a 39.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 2,650 shares of company stock valued at $558,331. 0.54% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. BMO Capital Markets decreased their target price on shares of Assurant from $255.00 to $246.00 and set an "outperform" rating for the company in a research note on Thursday, February 12th. Weiss Ratings raised shares of Assurant from a "buy (b)" rating to a "buy (b+)" rating in a report on Monday, April 27th. Truist Financial upped their price objective on Assurant from $265.00 to $280.00 and gave the stock a "buy" rating in a research note on Thursday, February 12th. Morgan Stanley cut their price target on Assurant from $248.00 to $240.00 and set an "equal weight" rating for the company in a report on Monday, April 6th. Finally, Wall Street Zen lowered shares of Assurant from a "buy" rating to a "hold" rating in a research report on Saturday, February 14th. Eight research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $256.83.

Assurant News Summary

Here are the key news stories impacting Assurant this week:

• Positive Sentiment: Q1 results materially beat consensus: adjusted EPS $5.95 (vs. estimates ~ $5.29–5.40) and revenue $3.42B (vs. ~$3.29B), with revenue up ~11% year‑over‑year — evidence of solid top‑line and margin performance. Assurant (AIZ) Tops Q1 Earnings and Revenue Estimates
• Positive Sentiment: Management raised the full‑year outlook after a record Q1: GAAP net income and adjusted EBITDA climbed sharply year‑over‑year (GAAP net income +87%; adjusted EBITDA +56%); adjusted EPS excluding reportable catastrophes also improved — supports better forward guidance and investor confidence. Assurant Increases Full Year Outlook on Record First Quarter Results
• Positive Sentiment: Sector/technical commentary points to momentum in the insurance space and bullish signals for AIZ, which can attract momentum investors alongside fundamental buyers. Assurant Inc NYSE: AIZ Momentum Signals Strength In Insurance Sector
• Neutral Sentiment: Coverage pieces and snapshots (pre‑ and post‑print) are analyzing metric details and comparisons to Street estimates; these will shape near‑term analyst revisions but are incremental to the core beat + guidance story. Assurant (AIZ) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
• Neutral Sentiment: Trading was briefly halted for “News Pending” ahead of the release — a routine market mechanism; no lingering regulatory or corporate red flag has emerged from the filings. (Trading halt noted 1:43 PM ET.)

Assurant Trading Up 3.5%

AIZ stock opened at $237.06 on Wednesday. Assurant, Inc. has a twelve month low of $183.39 and a twelve month high of $246.31. The stock has a market capitalization of $11.78 billion, a price-to-earnings ratio of 13.97 and a beta of 0.56. The company has a quick ratio of 0.39, a current ratio of 0.39 and a debt-to-equity ratio of 0.38. The firm's fifty day simple moving average is $223.00 and its two-hundred day simple moving average is $226.46.

Assurant (NYSE:AIZ - Get Free Report) last released its quarterly earnings results on Tuesday, May 5th. The financial services provider reported $5.95 EPS for the quarter, topping analysts' consensus estimates of $5.29 by $0.66. The firm had revenue of $3.42 billion during the quarter, compared to analysts' expectations of $3.29 billion. Assurant had a net margin of 6.81% and a return on equity of 18.65%. The firm's revenue for the quarter was up 11.3% compared to the same quarter last year. During the same period in the previous year, the company earned $5.79 EPS. As a group, analysts anticipate that Assurant, Inc. will post 20.75 earnings per share for the current year.

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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