The Progressive Corporation $PGR Shares Purchased by AustralianSuper Pty Ltd

AustralianSuper Pty Ltd increased its stake in shares of The Progressive Corporation (NYSE:PGR) by 20.4% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 830,951 shares of the insurance provider’s stock after buying an additional 140,980 shares during the quarter. Progressive comprises 0.9% of AustralianSuper Pty Ltd’s holdings, making the stock its 21st largest position. AustralianSuper Pty Ltd owned 0.14% of Progressive worth $205,203,000 as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in PGR. Davis Capital Management purchased a new stake in shares of Progressive in the third quarter valued at about $25,000. Atlantic Union Bankshares Corp purchased a new position in Progressive during the second quarter worth about $33,000. Howard Hughes Medical Institute acquired a new position in Progressive in the 2nd quarter valued at about $34,000. Westside Investment Management Inc. grew its stake in shares of Progressive by 900.0% in the 2nd quarter. Westside Investment Management Inc. now owns 130 shares of the insurance provider’s stock valued at $34,000 after buying an additional 117 shares during the period. Finally, Richardson Financial Services Inc. increased its holdings in shares of Progressive by 1,885.7% during the 2nd quarter. Richardson Financial Services Inc. now owns 139 shares of the insurance provider’s stock worth $37,000 after buying an additional 132 shares during the last quarter. 85.34% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CFO John P. Sauerland sold 5,000 shares of the company’s stock in a transaction that occurred on Friday, November 28th. The shares were sold at an average price of $228.48, for a total transaction of $1,142,400.00. Following the sale, the chief financial officer directly owned 223,024 shares in the company, valued at approximately $50,956,523.52. This represents a 2.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CIO Jonathan S. Bauer sold 3,105 shares of Progressive stock in a transaction that occurred on Wednesday, January 21st. The stock was sold at an average price of $204.35, for a total transaction of $634,506.75. Following the completion of the transaction, the executive owned 26,249 shares of the company’s stock, valued at $5,363,983.15. This represents a 10.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 13,788 shares of company stock valued at $3,018,961. Corporate insiders own 0.33% of the company’s stock.

Progressive Stock Up 2.3%

Progressive stock opened at $212.94 on Thursday. The firm has a market capitalization of $124.87 billion, a P/E ratio of 11.68, a P/E/G ratio of 1.27 and a beta of 0.34. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 0.19. The Progressive Corporation has a twelve month low of $198.50 and a twelve month high of $292.99. The stock’s fifty day simple moving average is $220.33 and its 200-day simple moving average is $231.34.

Progressive Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 8th. Stockholders of record on Friday, January 2nd were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Friday, January 2nd. Progressive’s dividend payout ratio (DPR) is presently 2.19%.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on PGR shares. Citigroup decreased their price objective on Progressive from $301.38 to $300.60 and set a “buy” rating on the stock in a report on Monday, December 15th. UBS Group decreased their price target on Progressive from $268.00 to $261.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 8th. BMO Capital Markets lowered their price target on Progressive from $253.00 to $239.00 and set a “market perform” rating for the company in a report on Thursday, January 15th. Weiss Ratings restated a “hold (c+)” rating on shares of Progressive in a report on Monday, December 29th. Finally, William Blair lowered shares of Progressive from an “outperform” rating to a “market perform” rating in a research note on Thursday, December 18th. Seven research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $259.39.

Key Stories Impacting Progressive

Here are the key news stories impacting Progressive this week:

• Positive Sentiment: Q4 results beat expectations: Progressive reported stronger-than-expected quarterly earnings and revenue, driven by higher premiums and improved underwriting performance (reported combined ratio ~87%), supporting margin resilience. Progressive (PGR) Q4 Earnings and Revenues Top Estimates
• Positive Sentiment: Analyst upgrade: A recent analysis upgraded PGR to “Buy,” citing de‑risked valuation (~12x earnings), disciplined underwriting, and a favorable outlook on margins despite slower premium growth. Progressive: Margin Fears Are Overdone (Upgrade)
• Neutral Sentiment: CFO succession announced: Longtime CFO John Sauerland will retire July 3, 2026; Chief Strategy Officer Andrew Quigg is named successor and will work with Sauerland for a staged handover — the plan signals internal continuity but still introduces leadership change. Progressive Announces Plans For CFO Transition
• Negative Sentiment: Conflicting analyst view: Zacks issued a downgrade to “strong sell” earlier, creating some opposing short‑term pressure and mixed analyst signals for investors to weigh. Zacks downgrade / TickerReport
• Negative Sentiment: Notable insider selling highlighted in third‑party trackers may concern some investors, though the company attributes the CFO change to retirement and has an internal successor lined up. The Progressive Corporation Announces Retirement of CFO John Sauerland, Successor Named

About Progressive

Progressive Corporation is a large U.S.-based property and casualty insurer that primarily underwrites personal auto insurance along with a broad suite of related products. Its offerings include coverage for private passenger automobiles, commercial auto fleets, motorcycles, boats and recreational vehicles, as well as homeowners, renters, umbrella and other specialty P&C products. Progressive also provides claims handling, risk management and related services to individual and commercial policyholders.

The company distributes its products through a mix of direct channels—online and by phone—and an extensive independent agent network.