Corient Private Wealth LLC Has $5.14 Million Stock Position in Assurant, Inc. $AIZ

Corient Private Wealth LLC lowered its stake in Assurant, Inc. (NYSE:AIZ) by 12.5% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 26,028 shares of the financial services provider’s stock after selling 3,708 shares during the quarter. Corient Private Wealth LLC owned about 0.05% of Assurant worth $5,140,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Norges Bank bought a new position in Assurant in the second quarter valued at $131,300,000. Qube Research & Technologies Ltd boosted its stake in shares of Assurant by 482.8% during the 2nd quarter. Qube Research & Technologies Ltd now owns 621,830 shares of the financial services provider’s stock worth $122,805,000 after buying an additional 515,127 shares during the last quarter. Jupiter Asset Management Ltd. grew its holdings in shares of Assurant by 1,222.0% in the 2nd quarter. Jupiter Asset Management Ltd. now owns 356,064 shares of the financial services provider’s stock valued at $70,319,000 after acquiring an additional 329,131 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Assurant by 8.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 4,051,114 shares of the financial services provider’s stock valued at $800,054,000 after acquiring an additional 310,455 shares in the last quarter. Finally, Adage Capital Partners GP L.L.C. increased its position in shares of Assurant by 205.5% in the second quarter. Adage Capital Partners GP L.L.C. now owns 216,440 shares of the financial services provider’s stock valued at $42,745,000 after acquiring an additional 145,600 shares during the last quarter. Institutional investors and hedge funds own 92.65% of the company’s stock.

Assurant Stock Up 0.4%

Assurant stock opened at $238.95 on Friday. The company’s 50-day moving average price is $221.72 and its two-hundred day moving average price is $209.75. The company has a quick ratio of 0.40, a current ratio of 0.40 and a debt-to-equity ratio of 0.38. The stock has a market cap of $11.97 billion, a P/E ratio of 14.54 and a beta of 0.57. Assurant, Inc. has a twelve month low of $174.97 and a twelve month high of $240.58.

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

Assurant Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 29th. Shareholders of record on Monday, December 1st will be issued a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Monday, December 1st. This is a boost from Assurant’s previous quarterly dividend of $0.80. Assurant’s payout ratio is currently 21.42%.

Assurant News Summary

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.

Insider Transactions at Assurant

In other news, CEO Keith Demmings sold 13,725 shares of the company’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 transaction, the chief executive officer owned 84,647 shares of the company’s stock, valued at $18,666,356.44. This represents a 13.95% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 0.51% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on AIZ shares. UBS Group increased their price objective on Assurant from $255.00 to $257.00 and gave the company a “buy” rating in a report on Monday, November 10th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Assurant in a research report on Monday, December 15th. Zacks Research downgraded shares of Assurant from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 17th. Piper Sandler boosted their price objective on shares of Assurant from $252.00 to $264.00 and gave the stock an “overweight” rating in a research note on Friday. Finally, Morgan Stanley raised their target price on shares of Assurant from $232.00 to $248.00 and gave the company an “equal weight” rating in a research note on Monday, November 17th. Eight equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $252.67.

Assurant Profile

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.