Wilian Securities LLC Acquires Shares of 2,759 The Progressive Corporation $PGR

Wilian Securities LLC acquired a new stake in The Progressive Corporation (NYSE:PGR) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 2,759 shares of the insurance provider’s stock, valued at approximately $628,000.

A number of other hedge funds also recently bought and sold shares of PGR. Dagco Inc. acquired a new stake in shares of Progressive during the 4th quarter worth approximately $28,000. Ameriflex Group Inc. increased its holdings in shares of Progressive by 106.6% during the 3rd quarter. Ameriflex Group Inc. now owns 126 shares of the insurance provider’s stock worth $31,000 after buying an additional 65 shares during the last quarter. Entrust Financial LLC acquired a new stake in shares of Progressive during the 4th quarter worth approximately $33,000. Kingdom Financial Group LLC. acquired a new stake in shares of Progressive during the 4th quarter worth approximately $34,000. Finally, Bangor Savings Bank increased its holdings in shares of Progressive by 60.4% during the 4th quarter. Bangor Savings Bank now owns 154 shares of the insurance provider’s stock worth $35,000 after buying an additional 58 shares during the last quarter. Institutional investors and hedge funds own 85.34% of the company’s stock.

Progressive Stock Performance

NYSE:PGR opened at $199.08 on Friday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.27 and a current ratio of 0.27. The stock has a market capitalization of $116.33 billion, a P/E ratio of 10.12, a PEG ratio of 5.85 and a beta of 0.31. The company has a 50 day moving average price of $200.50 and a 200 day moving average price of $210.29. The Progressive Corporation has a fifty-two week low of $191.75 and a fifty-two week high of $289.96.

Progressive (NYSE:PGR) last posted its quarterly earnings data on Wednesday, April 15th. The insurance provider reported $4.80 earnings per share for the quarter, topping analysts’ consensus estimates of $4.67 by $0.13. The firm had revenue of $22.19 billion during the quarter, compared to analysts’ expectations of $23.51 billion. Progressive had a net margin of 12.92% and a return on equity of 33.47%. The firm’s quarterly revenue was up 6.5% on a year-over-year basis. During the same quarter last year, the company posted $4.37 EPS. Equities research analysts forecast that The Progressive Corporation will post 16.41 EPS for the current year.

Progressive Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Thursday, July 2nd will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.2%. Progressive’s dividend payout ratio (DPR) is presently 2.03%.

Insider Activity at Progressive

In related news, CIO Jonathan S. Bauer sold 2,266 shares of the stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $203.05, for a total transaction of $460,111.30. Following the completion of the transaction, the executive owned 26,250 shares of the company’s stock, valued at approximately $5,330,062.50. This trade represents a 7.95% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Carl G. Joyce sold 270 shares of the stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of $206.50, for a total transaction of $55,755.00. Following the transaction, the chief accounting officer directly owned 558 shares of the company’s stock, valued at $115,227. The trade was a 32.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 6,933 shares of company stock worth $1,441,564. Company insiders own 0.32% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Argus upgraded shares of Progressive to a “hold” rating in a report on Thursday, March 5th. UBS Group raised their price target on shares of Progressive from $218.00 to $220.00 and gave the stock a “neutral” rating in a report on Monday, March 23rd. Jefferies Financial Group cut their price target on shares of Progressive from $216.00 to $215.00 and set a “hold” rating for the company in a report on Tuesday, March 24th. Barclays set a $247.00 price target on shares of Progressive in a report on Wednesday, March 18th. Finally, Wells Fargo & Company raised their price target on shares of Progressive from $218.00 to $222.00 and gave the stock an “equal weight” rating in a report on Thursday. Six analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $239.78.

Key Progressive News

Here are the key news stories impacting Progressive this week:

• Positive Sentiment: Progressive reported April net premiums written rose 6% year over year to $7.28 billion, while net income increased 10% and EPS climbed to $1.86, signaling continued top-line growth and profitability. Progressive Reports April 2026 Results
• Positive Sentiment: Wells Fargo raised its price target on PGR to $222 from $218, suggesting some Wall Street confidence in the stock’s valuation. Benzinga coverage of Wells Fargo target raise
• Neutral Sentiment: Analyst and investor attention has been elevated, with recent coverage benchmarking Progressive against other property & casualty insurers and highlighting the stock’s strong operating track record.
• Negative Sentiment: The company’s combined ratio worsened to 90.2 from 84.9 a year earlier, indicating higher losses/expenses relative to premiums and raising questions about underwriting efficiency. Progressive April 2026 Financial Results
• Negative Sentiment: Revenue came in below some expectations in the company’s prior quarterly report, which may be tempering enthusiasm despite the strong April update.

Progressive Profile

Progressive Corporation is a large U.S.-based property and casualty insurer that primarily underwrites personal auto insurance along with a broad suite of related products. Its offerings include coverage for private passenger automobiles, commercial auto fleets, motorcycles, boats and recreational vehicles, as well as homeowners, renters, umbrella and other specialty P&C products. Progressive also provides claims handling, risk management and related services to individual and commercial policyholders.

The company distributes its products through a mix of direct channels—online and by phone—and an extensive independent agent network.