Rep. Val T. Hoyle Sells Off Shares of The Progressive Corporation (NYSE:PGR)

Posted by Sarita Garza on Oct 13th, 2025

Representative Val T. Hoyle (D-Oregon) recently sold shares of The Progressive Corporation (NYSE:PGR). In a filing disclosed on October 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Progressive stock on September 23rd. The trade occurred in the Representative’s “FIDELITY ROLLOVER IRA” account.

Representative Val T. Hoyle also recently made the following trade(s):

Sold $1,001 – $15,000 in shares of Marriott International (NASDAQ:MAR) on 9/23/2025.
Sold $1,001 – $15,000 in shares of Transdigm Group (NYSE:TDG) on 9/23/2025.
Sold $1,001 – $15,000 in shares of H&R Block (NYSE:HRB) on 9/23/2025.
Sold $1,001 – $15,000 in shares of NIKE (NYSE:NKE) on 9/23/2025.
Sold $1,001 – $15,000 in shares of Bank of New York Mellon (NYSE:BK) on 9/23/2025.
Sold $1,001 – $15,000 in shares of Cisco Systems (NASDAQ:CSCO) on 9/23/2025.
Sold $1,001 – $15,000 in shares of Capital One Financial (NYSE:COF) on 9/23/2025.
Sold $1,001 – $15,000 in shares of Pentair (NYSE:PNR) on 9/23/2025.
Sold $1,001 – $15,000 in shares of Heico (NYSE:HEI.A) on 9/23/2025.
Sold $1,001 – $15,000 in shares of Target (NYSE:TGT) on 9/23/2025.

Progressive Trading Down 0.8%

NYSE PGR opened at $240.18 on Monday. The company has a market cap of $140.80 billion, a PE ratio of 13.53, a PEG ratio of 1.33 and a beta of 0.32. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 0.21. The Progressive Corporation has a 12 month low of $228.54 and a 12 month high of $292.99. The stock has a 50 day moving average of $245.20 and a 200-day moving average of $259.54.

Progressive (NYSE:PGR – Get Free Report) last released its quarterly earnings data on Wednesday, July 16th. The insurance provider reported $4.88 EPS for the quarter, beating the consensus estimate of $4.43 by $0.45. The company had revenue of $20.08 billion during the quarter, compared to the consensus estimate of $20.39 billion. Progressive had a return on equity of 35.37% and a net margin of 12.66%.The firm’s revenue for the quarter was up 12.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.48 EPS. On average, equities research analysts anticipate that The Progressive Corporation will post 14.68 EPS for the current fiscal year.

Progressive Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 10th. Stockholders of record on Thursday, October 2nd were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Thursday, October 2nd. Progressive’s dividend payout ratio is presently 2.25%.

Insider Activity

In other Progressive news, CFO John P. Sauerland sold 16,664 shares of the stock in a transaction on Monday, July 28th. The stock was sold at an average price of $249.24, for a total transaction of $4,153,335.36. Following the transaction, the chief financial officer owned 228,024 shares in the company, valued at $56,832,701.76. This trade represents a 6.81% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Patrick K. Callahan sold 6,420 shares of the stock in a transaction on Friday, September 19th. The stock was sold at an average price of $242.22, for a total value of $1,555,052.40. Following the transaction, the insider owned 15,192 shares in the company, valued at $3,679,806.24. The trade was a 29.71% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 130,045 shares of company stock worth $31,997,390. Corporate insiders own 0.34% of the company’s stock.

Institutional Investors Weigh In On Progressive

Several hedge funds have recently added to or reduced their stakes in the business. Diversified Enterprises LLC increased its position in Progressive by 10.4% during the 3rd quarter. Diversified Enterprises LLC now owns 2,438 shares of the insurance provider’s stock worth $602,000 after buying an additional 230 shares during the period. Orrstown Financial Services Inc. increased its position in Progressive by 12.6% during the 3rd quarter. Orrstown Financial Services Inc. now owns 2,856 shares of the insurance provider’s stock worth $705,000 after buying an additional 319 shares during the period. Selective Wealth Management Inc. increased its position in Progressive by 2.1% during the 3rd quarter. Selective Wealth Management Inc. now owns 2,207 shares of the insurance provider’s stock worth $538,000 after buying an additional 45 shares during the period. Fairvoy Private Wealth LLC increased its position in Progressive by 9.7% during the 3rd quarter. Fairvoy Private Wealth LLC now owns 15,532 shares of the insurance provider’s stock worth $3,836,000 after buying an additional 1,378 shares during the period. Finally, Castleview Partners LLC increased its position in Progressive by 36.8% during the 3rd quarter. Castleview Partners LLC now owns 2,143 shares of the insurance provider’s stock worth $529,000 after buying an additional 577 shares during the period. Institutional investors and hedge funds own 85.34% of the company’s stock.

Analyst Ratings Changes

PGR has been the subject of several recent analyst reports. UBS Group cut their price objective on Progressive from $268.00 to $261.00 and set a “neutral” rating for the company in a report on Wednesday. Keefe, Bruyette & Woods increased their price objective on Progressive from $268.00 to $270.00 and gave the company a “market perform” rating in a report on Thursday, September 18th. Bank of America increased their price objective on Progressive from $343.00 to $350.00 and gave the company a “buy” rating in a report on Monday, September 29th. Barclays set a $271.00 price target on Progressive in a report on Wednesday. Finally, Cantor Fitzgerald raised Progressive to a “hold” rating in a report on Wednesday, August 13th. Seven investment analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. According to MarketBeat, Progressive has an average rating of “Hold” and a consensus target price of $279.63.

View Our Latest Stock Analysis on Progressive

About Representative Hoyle

Val Hoyle (Democratic Party) is a member of the U.S. House, representing Oregon’s 4th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.

Hoyle (Democratic Party) is running for re-election to the U.S. House to represent Oregon’s 4th Congressional District. She declared candidacy for the 2026 election.

Val Hoyle was born in California and lives in Springfield, Oregon. Hoyle graduated from Merrimack High School. She earned a B.A. in political science from Emmanuel College in 1992. Her career experience includes working as a director at United Way of Lane County, a policy fellow at Wayne Morse Center for Law and Politics, and a commissioner at the Oregon Bureau of Labor and Industries. Hoyle has also worked in domestic and international sales, as well as manufacturing distribution.

Progressive Company Profile

(Get Free Report)

The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, business related general liability, and other specialty property-casualty insurance products and related services in the United States. It operates in three segments: Personal Lines, Commercial Lines, and Property.