Beacon Harbor Wealth Advisors Inc. Purchases Shares of 88,625 Stewart Information Services Corporation $STC

Beacon Harbor Wealth Advisors Inc. purchased a new stake in Stewart Information Services Corporation (NYSE:STC) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 88,625 shares of the insurance provider’s stock, valued at approximately $6,227,000. Beacon Harbor Wealth Advisors Inc. owned about 0.32% of Stewart Information Services at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Heritage Family Offices LLP lifted its stake in Stewart Information Services by 4.5% in the third quarter. Heritage Family Offices LLP now owns 4,012 shares of the insurance provider’s stock valued at $294,000 after acquiring an additional 173 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in Stewart Information Services by 8.5% in the third quarter. PNC Financial Services Group Inc. now owns 2,676 shares of the insurance provider’s stock valued at $196,000 after acquiring an additional 209 shares during the last quarter. Illinois Municipal Retirement Fund lifted its stake in Stewart Information Services by 1.5% in the third quarter. Illinois Municipal Retirement Fund now owns 14,647 shares of the insurance provider’s stock valued at $1,074,000 after acquiring an additional 216 shares during the last quarter. Alliancebernstein L.P. raised its position in shares of Stewart Information Services by 0.9% in the third quarter. Alliancebernstein L.P. now owns 28,704 shares of the insurance provider’s stock valued at $2,105,000 after purchasing an additional 254 shares during the period. Finally, Amalgamated Bank raised its position in shares of Stewart Information Services by 3.7% in the third quarter. Amalgamated Bank now owns 8,184 shares of the insurance provider’s stock valued at $600,000 after purchasing an additional 293 shares during the period. Institutional investors and hedge funds own 96.90% of the company’s stock.

Insider Buying and Selling

In other Stewart Information Services news, Director C Allen Bradley, Jr. purchased 1,000 shares of the stock in a transaction that occurred on Tuesday, March 10th. The shares were acquired at an average cost of $65.34 per share, with a total value of $65,340.00. Following the completion of the transaction, the director owned 21,243 shares in the company, valued at $1,388,017.62. The trade was a 4.94% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.50% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Wall Street Zen lowered shares of Stewart Information Services from a “buy” rating to a “hold” rating in a research report on Saturday. Citizens Jmp assumed coverage on shares of Stewart Information Services in a research report on Monday, February 2nd. They issued a “market outperform” rating and a $80.00 price objective on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Stewart Information Services in a research report on Friday, March 27th. Keefe, Bruyette & Woods dropped their price objective on shares of Stewart Information Services from $82.00 to $78.00 and set an “outperform” rating on the stock in a research report on Friday. Finally, Stephens raised shares of Stewart Information Services from an “equal weight” rating to an “overweight” rating and set a $82.00 price objective on the stock in a research report on Friday, February 27th. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Stewart Information Services presently has a consensus rating of “Buy” and a consensus target price of $80.00.

Stewart Information Services Price Performance

Shares of STC opened at $64.55 on Friday. The firm has a market capitalization of $1.96 billion, a PE ratio of 15.98 and a beta of 1.03. The company’s 50-day moving average is $65.59 and its 200-day moving average is $69.21. Stewart Information Services Corporation has a fifty-two week low of $56.39 and a fifty-two week high of $78.61. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.21 and a quick ratio of 2.21.

Stewart Information Services (NYSE:STC) last released its quarterly earnings results on Wednesday, February 4th. The insurance provider reported $1.65 EPS for the quarter, topping analysts’ consensus estimates of $1.35 by $0.30. Stewart Information Services had a net margin of 3.95% and a return on equity of 9.32%. The business had revenue of $794.40 million for the quarter, compared to analyst estimates of $774.05 million. During the same period last year, the firm earned $1.12 earnings per share. Stewart Information Services’s revenue for the quarter was up 18.7% compared to the same quarter last year. Equities analysts forecast that Stewart Information Services Corporation will post 6.29 EPS for the current year.

Stewart Information Services Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 16th were given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend was Monday, March 16th. Stewart Information Services’s dividend payout ratio (DPR) is currently 51.98%.

Stewart Information Services Profile

Stewart Information Services Corporation (NYSE: STC) is a publicly traded provider of title insurance and real estate transaction services. The company underwrites title insurance policies for residential and commercial properties, offering lenders and property owners protection against title defects and liens. Beyond title insurance, Stewart delivers a range of ancillary services, including closing and escrow administration, property valuation, and risk mitigation solutions designed to streamline the mortgage process and reduce operational complexity for clients.

In addition to core title and settlement services, Stewart offers technology-driven products aimed at enhancing transparency and efficiency in real estate transactions.