Minot DeBlois Advisors LLC and
Nomura Holdings Inc. have significantly increased their stake in
The Travelers Companies, Inc. (TRV). The company's stocks have outperformed the industry, trading at a premium, and have seen an uptick since their last earnings report. The insurance firm has been compelled to reveal the influence of climate change on the insurability of US homes. Some institutions, including
OMERS ADMINISTRATION Corp and
Jacob Levy Equity Management Inc., have reduced their holdings in the company. Analysts have given TRV a consensus recommendation of 'Hold'. The company revealed a very encouraging Q1 2025 Earnings Call, citing resilient performance despite being affected by LA wildfires. Travelers have raised dividends, reporting also stellar Q1 results with a net income of $395 million and core income of $443 million. The company has not been idle in issuing new offerings, launching
new product liability insurance for life sciences companies and heralding a game-changing cyber defense platform. However, some critiques argue that the company might face profit headwinds and underperformance.
The Travelers Companies TRV News Analytics from Thu, 17 Oct 2024 07:00:00 GMT to Sat, 17 May 2025 23:28:10 GMT -
Rating 7
- Innovation 4
- Information 6
- Rumor 3
