63,392 Shares in Assurant, Inc. $AIZ Bought by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in Assurant, Inc. (NYSE:AIZ) during the second quarter, according to its most recent filing with the SEC. The firm acquired 63,392 shares of the financial services provider’s stock, valued at approximately $17,023,000.

Other large investors also recently bought and sold shares of the company. Jones Financial Companies Lllp boosted its holdings in shares of Assurant by 606.7% in the first 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 in the last quarter. Goldman Sachs Group Inc. raised its holdings in Assurant by 19.6% during the first quarter. Goldman Sachs Group Inc. now owns 290,759 shares of the financial services provider’s stock worth $60,987,000 after purchasing an additional 47,548 shares in the last quarter. United Services Automobile Association purchased a new position in Assurant during the first quarter worth about $203,000. Focus Partners Wealth raised its holdings in Assurant by 66.6% during 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 in the last quarter. Finally, Geneos Wealth Management Inc. lifted its position in Assurant by 57.8% in the first quarter. Geneos Wealth Management Inc. now owns 183 shares of the financial services provider’s stock valued at $38,000 after purchasing an additional 67 shares during the period. Hedge funds and other institutional investors own 92.65% of the company’s stock.

Analysts Set New Price Targets

AIZ has been the topic of several recent analyst reports. UBS Group boosted their target price on Assurant from $274.00 to $331.00 and gave the stock a “buy” rating in a research report on Thursday, August 13th. Piper Sandler raised their price target on Assurant from $290.00 to $329.00 and gave the company an “overweight” rating in a report on Thursday, August 6th. Wall Street Zen downgraded Assurant from a “buy” rating to a “hold” rating in a research note on Saturday, July 25th. Royal Bank Of Canada set a $310.00 price objective on Assurant in a research report on Wednesday, June 17th. Finally, Weiss Ratings raised Assurant from a “buy (b+)” rating to a “buy (a-)” rating in a report on Tuesday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $316.57.

Insider Transactions at Assurant

In related news, CAO Dimitry Dirienzo sold 2,000 shares of the stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $255.68, for a total transaction of $511,360.00. Following the sale, the chief accounting officer owned 2,741 shares of the company’s stock, valued at $700,818.88. This trade represents a 42.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Robert Lonergan sold 7,000 shares of the stock in a transaction on 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 sale, the executive vice president directly owned 27,374 shares in the company, valued at approximately $7,191,423.54. The trade was a 20.36% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 12,931 shares of company stock valued at $3,539,300 over the last three months. 0.54% of the stock is currently owned by insiders.

Assurant Stock Up 1.3%

Shares of NYSE AIZ opened at $282.04 on Friday. Assurant, Inc. has a 12-month low of $205.01 and a 12-month high of $303.94. The company has a market capitalization of $13.91 billion, a PE ratio of 13.47 and a beta of 0.55. 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 firm’s 50-day moving average is $275.87 and its two-hundred day moving average is $247.46.

Assurant (NYSE:AIZ) last issued its quarterly earnings data on Tuesday, August 4th. The financial services provider reported $6.41 earnings per share for the quarter, topping analysts’ consensus estimates of $5.17 by $1.24. Assurant had a net margin of 7.90% and a return on equity of 20.40%. The business had revenue of $3.45 billion during the quarter, compared to analysts’ expectations of $3.43 billion. During the same period last year, the company posted $5.56 EPS. The company’s revenue was up 9.4% on a year-over-year basis. Equities analysts anticipate that Assurant, Inc. will post 21.74 EPS for the current fiscal year.

Assurant Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 28th. Shareholders of record on Monday, August 31st will be given a dividend of $0.88 per share. The ex-dividend date of this dividend is Monday, August 31st. This represents a $3.52 annualized dividend and a yield of 1.2%. Assurant’s dividend payout ratio (DPR) is presently 16.81%.

More Assurant News

Here are the key news stories impacting Assurant this week:

• Positive Sentiment: Zacks upgraded Assurant (AIZ) to Rank #2, or “Buy,” citing improving earnings prospects. The upgrade may attract additional buying interest and provide near-term support for the stock. Assurant upgraded to Buy
• Positive Sentiment: Zacks Research raised its FY2026 EPS forecast to $21.70 from $20.92, FY2027 EPS to $23.00 from $22.46, and FY2028 EPS to $24.74 from $24.44. It also increased estimates for select future quarters, signaling better-than-previously-expected earnings momentum.
• Neutral Sentiment: A Zacks value-investing analysis highlights the firm’s valuation, growth, momentum and earnings-estimate trends, but does not provide a new price target or a specific catalyst beyond the broader Zacks Rank methodology. Should value investors buy Assurant stock
• Negative Sentiment: Some quarterly forecasts were reduced, including Q3 2026 EPS to $4.36 from $4.39, Q4 2026 EPS to $4.98 from $5.43, and Q4 2027 EPS to $5.65 from $5.76. These cuts could temper enthusiasm, although they are offset by the higher full-year and longer-term estimates.

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.