The Progressive Corporation (PGR), one of the major insurance companies, has performed significantly, uninterrupted by the recent money market fluctuations. Various financial groups have expressed increased interest in PGR stocks, thus escalating its position. Firms such as
Cyndeo Wealth Partners,
Inspire Investing, and
Aberdeen Group have expanded their stock raft in PGR. Notably,
Verde Servicos Internacionais acquired 65,371 shares, and
BankPlus Trust Department also bought PGR shares. On the other hand,
US Bancorp DE and
Fulton Breakefield Broenniman LLC sold their PGR shares. Major agencies like
UBS,
Keefe Bruyette & Woods, and
TD Cowen continue to retain a neutral rating. However,
Joel Isaacson & Co. invested $308,000, proving PGR's attractiveness. Even though PGR dropped 6% in Q2, analysts claim it to be a lucrative long-term investment influenced by the
increasing earned premiums,
elevated insurer AI integration, and the upcoming $0.10 dividend payment. But,
Morgan Stanley downgraded PGR to equal weight, reflecting the slowing growth of policies.
Progressive Corporation PGR News Analytics from Tue, 25 Feb 2025 08:00:00 GMT to Sat, 11 Oct 2025 14:21:33 GMT -
Rating 5
- Innovation 2
- Information 6
- Rumor -2
