Assurant, Inc. $AIZ Shares Purchased by Osaic Holdings Inc.

Osaic Holdings Inc. grew its holdings in Assurant, Inc. (NYSE:AIZ) by 1,749.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 49,049 shares of the financial services provider’s stock after acquiring an additional 46,397 shares during the period. Osaic Holdings Inc. owned about 0.10% of Assurant worth $10,265,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. J.W. Cole Advisors Inc. increased its holdings in Assurant by 3.8% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 1,335 shares of the financial services provider’s stock worth $264,000 after purchasing an additional 49 shares during the period. Cresset Asset Management LLC increased its stake in shares of Assurant by 5.4% during the second quarter. Cresset Asset Management LLC now owns 1,075 shares of the financial services provider’s stock worth $212,000 after buying an additional 55 shares during the period. GAMMA Investing LLC increased its stake in shares of Assurant by 3.9% during the second quarter. GAMMA Investing LLC now owns 1,527 shares of the financial services provider’s stock worth $302,000 after buying an additional 58 shares during the period. Hartford Investment Management Co. raised its holdings in Assurant by 1.3% in the second quarter. Hartford Investment Management Co. now owns 4,556 shares of the financial services provider’s stock valued at $900,000 after acquiring an additional 60 shares in the last quarter. Finally, Coldstream Capital Management Inc. lifted its stake in Assurant by 3.0% in the second quarter. Coldstream Capital Management Inc. now owns 2,182 shares of the financial services provider’s stock worth $431,000 after acquiring an additional 64 shares during the last quarter. 92.65% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on AIZ shares. Zacks Research downgraded shares of Assurant from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 17th. Keefe, Bruyette & Woods boosted their target price on shares of Assurant from $248.00 to $254.00 and gave the stock an “outperform” rating in a research note on Thursday, November 20th. Piper Sandler increased their target price on Assurant from $252.00 to $264.00 and gave the company an “overweight” rating in a report on Friday. Morgan Stanley raised their price target on Assurant from $232.00 to $248.00 and gave the company an “equal weight” rating in a research note on Monday, November 17th. Finally, Truist Financial set a $255.00 price objective on Assurant in a research report on Wednesday, October 29th. Eight research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $252.67.

Key Stores Impacting Assurant

Here are the key news stories impacting Assurant this week:

• Positive Sentiment: Earnings beat and partnership news drove upside — Assurant reported results that beat expectations and announced new partnerships that expand its protection programs, a direct revenue and growth catalyst for the business. Assurant (AIZ) Is Up 6.3% After Earnings Beat And New Partnerships Boost Protection Programs – Has The Bull Case Changed?
• Positive Sentiment: Zacks raised several longer‑term and full‑year estimates — analysts increased FY2025 and FY2027 EPS forecasts and lifted Q4 2025 and Q3 2027 quarter estimates, signaling improved longer‑term earnings visibility that supports valuation upside and investor sentiment.
• Positive Sentiment: Analyst consensus tilting favorable — a recent note summarized consensus as a “Moderate Buy,” which can attract demand from investors tracking analyst sentiment. Assurant, Inc. (NYSE:AIZ) Given Consensus Recommendation of “Moderate Buy” by Analysts
• Neutral Sentiment: Valuation review after a multi‑year run — coverage assessing Assurant’s valuation may prompt investors to reevaluate upside versus recent gains; useful for longer‑term positioning but not an immediate catalyst. Assessing Assurant (AIZ) Valuation After a Steady Multi-Year Share Price Climb
• Neutral Sentiment: Discussion of relative performance — commentary that questions whether AIZ is underperforming broader indices may keep some traders cautious but is not a direct company development. Is Assurant stock underperforming the Nasdaq?
• Negative Sentiment: Near‑term estimate trims from Zacks — analysts cut Q1 2026 and Q2 2027 EPS forecasts marginally, indicating some short‑term pressure or conservatism on near‑term results; that can limit further re‑rating until clarity on upcoming quarters arrives.

Assurant Price Performance

Shares of NYSE:AIZ opened at $238.95 on Friday. Assurant, Inc. has a 12 month low of $174.97 and a 12 month high of $240.58. The firm has a market capitalization of $11.97 billion, a P/E ratio of 14.54 and a beta of 0.57. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.40 and a quick ratio of 0.40. The company’s fifty day moving average price is $221.72 and its 200 day moving average price is $209.75.

Assurant (NYSE:AIZ) last released its quarterly earnings data on Thursday, March 24th. The financial services provider reported $1.80 earnings per share (EPS) for the quarter. Assurant had a net margin of 6.75% and a return on equity of 18.61%. The company had revenue of $2.42 billion during the quarter. Assurant has set its FY 2022 guidance at $13.062-$13.512 EPS. As a group, sell-side analysts predict that Assurant, Inc. will post 16.88 earnings per share for the current fiscal year.

Assurant Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 29th. Shareholders of record on Monday, December 1st will be given a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 1.5%. This is a positive change from Assurant’s previous quarterly dividend of $0.80. The ex-dividend date of this dividend is Monday, December 1st. Assurant’s dividend payout ratio is presently 21.42%.

Insider Buying and Selling

In other Assurant news, CEO Keith Demmings sold 13,725 shares of the business’s stock in a transaction that occurred on Friday, October 3rd. The stock was sold at an average price of $220.52, for a total value of $3,026,637.00. Following the completion of the sale, the chief executive officer owned 84,647 shares in the company, valued at approximately $18,666,356.44. The trade was a 13.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.51% of the stock is currently owned by company insiders.

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.