Rep. Jefferson Shreve Sells Off Shares of Old Republic International Corporation (NYSE:ORI)

Representative Jefferson Shreve (R-Indiana) recently sold shares of Old Republic International Corporation NYSE: ORI. In a filing disclosed on June 22nd, the Representative disclosed that they had sold between $15,001 and $50,000 in Old Republic International stock on May 12th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.

Representative Jefferson Shreve also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of Hubbell NYSE: HUBB on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Trane Technologies NYSE: TT on 5/12/2025.
• Sold $15,001 - $50,000 in shares of RTX NYSE: RTX on 5/12/2025.
• Sold $50,001 - $100,000 in shares of NiSource NYSE: NI on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Johnson & Johnson NYSE: JNJ on 5/12/2025.
• Sold $15,001 - $50,000 in shares of AppLovin NASDAQ: APP on 5/12/2025.
• Sold $15,001 - $50,000 in shares of Fiserv NYSE: FI on 5/12/2025.
• Sold $15,001 - $50,000 in shares of CNO Financial Group NYSE: CNO on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Cboe Global Markets NASDAQ: CBOE on 5/12/2025.
• Sold $15,001 - $50,000 in shares of Lam Research NASDAQ: LRCX on 5/12/2025.

Old Republic International Stock Performance

NYSE:ORI traded up $0.10 during midday trading on Friday, hitting $35.84. The company's stock had a trading volume of 1,994,775 shares, compared to its average volume of 1,567,341. Old Republic International Corporation has a fifty-two week low of $32.93 and a fifty-two week high of $39.84. The firm's 50 day moving average is $37.37 and its 200-day moving average is $37.22. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.63 and a quick ratio of 0.24. The firm has a market cap of $8.86 billion, a P/E ratio of 12.27 and a beta of 0.73.

Old Republic International (NYSE:ORI - Get Free Report) last issued its quarterly earnings data on Thursday, July 24th. The insurance provider reported $0.83 EPS for the quarter, topping analysts' consensus estimates of $0.79 by $0.04. The business had revenue of $2.21 billion for the quarter, compared to analysts' expectations of $2.18 billion. Old Republic International had a net margin of 10.31% and a return on equity of 20.95%. The business's revenue was up 10.1% compared to the same quarter last year. Equities analysts anticipate that Old Republic International Corporation will post 3.17 earnings per share for the current fiscal year.

Old Republic International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 16th. Investors of record on Friday, June 6th were issued a $0.29 dividend. The ex-dividend date was Friday, June 6th. This represents a $1.16 annualized dividend and a yield of 3.24%. Old Republic International's dividend payout ratio (DPR) is presently 39.73%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. HWG Holdings LP purchased a new position in shares of Old Republic International during the 1st quarter valued at approximately $25,000. 1 North Wealth Services LLC purchased a new position in shares of Old Republic International during the 1st quarter valued at approximately $29,000. Quarry LP lifted its position in shares of Old Republic International by 6,645.5% during the 1st quarter. Quarry LP now owns 742 shares of the insurance provider's stock valued at $29,000 after buying an additional 731 shares in the last quarter. Alpine Bank Wealth Management purchased a new position in shares of Old Republic International during the 1st quarter valued at approximately $31,000. Finally, Fairway Wealth LLC purchased a new position in shares of Old Republic International during the 4th quarter valued at approximately $29,000. Hedge funds and other institutional investors own 70.92% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on ORI shares. Piper Sandler dropped their price objective on shares of Old Republic International from $42.00 to $41.00 and set an "overweight" rating on the stock in a research note on Friday. Wall Street Zen cut shares of Old Republic International from a "buy" rating to a "hold" rating in a research note on Saturday, July 12th. Finally, Raymond James Financial set a $42.00 price objective on shares of Old Republic International and gave the stock an "outperform" rating in a research note on Monday, April 28th.

Insider Activity

In other news, SVP Carolyn Monroe sold 10,601 shares of the stock in a transaction that occurred on Thursday, May 1st. The stock was sold at an average price of $37.38, for a total transaction of $396,265.38. Following the transaction, the senior vice president owned 35,755 shares in the company, valued at $1,336,521.90. This trade represents a 22.87% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 1.10% of the stock is owned by company insiders.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election. Email editor@ballotpedia.org to notify us of updates to this biography. Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive. Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

Old Republic International Company Profile

Old Republic International Corporation, through its subsidiaries, engages in the insurance underwriting and related services business primarily in the United States and Canada. It operates through three segments: General Insurance, Title Insurance, and Republic Financial Indemnity Group Run-off Business.