Progressive Corporation (PGR) has been undergoing substantial
investment maneuvers, faced with fluctuations in
trading ranges and lower stock positions held by groups like Wellington Management, Price T Rowe Associates, Giverny Capital, Martingale Asset Management, Algert Global, Northern Trust Corp and LFL Advisers amongst others. However, investor interest still remains strong, with increases in holdings by Boston Partners, Northwest & Ethical Investments, Aptus Capital Advisors, George Kaiser Family Foundation, RWA Wealth, Banco Bilbao, Ethic Inc., Erste Asset Management, Lord Abbett & CO, OneAscent Investment Solutions, and more. Recent
financial results saw a 15% Y/Y rise in earned premiums in July whilst shares acquisitions continue by Dimensional Fund Advisors, Vestmark Advisory Solutions and Raymond James Financials. Despite lowered expectations by Barclays and downgrades by Morgan Stanley, Progressive declared a $0.10 dividend in October, and continues to allure growth investors. Critics whether Tech Innovation would aid in the company's Auto Insurance growth while others predict a strong long-term value. Mixed price targets come from different brokerages; from $284.88 PT to $344 PT at BofA Securities; Wells Fargo retained a $333 PT but later decreased it to $327. Progressive continues to persist in terms of investor appeal.
Progressive Corporation PGR News Analytics from Wed, 07 May 2025 07:00:00 GMT to Sat, 23 Aug 2025 20:49:59 GMT -
