Assurant, Inc. $AIZ Shares Bought by California State Teachers Retirement System

California State Teachers Retirement System lifted its holdings in Assurant, Inc. (NYSE:AIZ) by 26,178.3% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 15,459,004 shares of the financial services provider’s stock after purchasing an additional 15,400,176 shares during the quarter. California State Teachers Retirement System owned 0.31% of Assurant worth $4,151,206,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. BlackRock Inc. bought a new stake in shares of Assurant during the second quarter valued at about $1,345,211,000. Bank of New York Mellon Corp bought a new position in Assurant in the 2nd quarter valued at about $1,269,591,000. Bank of America Corp DE bought a new position in Assurant in the 2nd quarter valued at about $269,635,000. Norges Bank acquired a new position in Assurant during the 4th quarter valued at about $161,574,000. Finally, Deutsche Bank AG bought a new stake in shares of Assurant during the 2nd quarter worth about $76,718,000. 92.65% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Assurant

Here are the key news stories impacting Assurant this week:

• Positive Sentiment: Zacks raised several earnings forecasts. Estimates increased for fiscal 2026 EPS to $21.79 from $21.70, fiscal 2027 EPS to $23.12 from $23.00, and fiscal 2028 EPS to $24.92 from $24.74. Quarterly estimates for Q1 2027, Q2 2027 and Q2 2028 were also raised, suggesting improving confidence in Assurant’s longer-term earnings trajectory. Assurant earnings estimate updates
• Positive Sentiment: Assurant was highlighted as a stock to buy. Zacks included AIZ among companies viewed as having sustainable sales growth, strong cash flow, favorable valuation and solid profitability. This supports the investment case, particularly as investors seek financially resilient companies amid renewed Middle East tensions. Zacks sales growth stocks article
• Neutral Sentiment: The estimate revisions were not uniformly positive. Zacks trimmed Q4 2026 EPS from $4.98 to $4.96 and Q4 2027 EPS from $5.65 to $5.60. These reductions partially offset the upward revisions but do not materially alter the broader multi-year earnings outlook.
• Neutral Sentiment: Recent fundamentals remain a supportive backdrop. Assurant’s latest reported quarter exceeded expectations, with EPS of $6.41 versus a $5.17 consensus and revenue growth of 9.4% year over year. However, the current estimate changes are incremental, so they may provide only limited support for the share price in the near term.

Insider Buying and Selling

In related news, EVP Biju Nair sold 3,931 shares of the firm’s stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $302.46, for a total transaction of $1,188,970.26. Following the completion of the sale, the executive vice president directly owned 24,247 shares in the company, valued at approximately $7,333,747.62. This trade represents a 13.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Robert Lonergan sold 7,000 shares of the company’s stock in a transaction on Monday, June 22nd. The shares were sold at an average price of $262.71, for a total value of $1,838,970.00. Following the completion of the transaction, the executive vice president directly owned 27,374 shares in the company, valued at $7,191,423.54. This represents a 20.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.54% of the stock is owned by insiders.

Assurant Price Performance

NYSE:AIZ opened at $280.47 on Thursday. The company has a quick ratio of 0.38, a current ratio of 0.38 and a debt-to-equity ratio of 0.36. The business’s 50-day moving average price is $281.68 and its 200 day moving average price is $252.91. Assurant, Inc. has a 52-week low of $205.01 and a 52-week high of $303.94. The firm has a market cap of $13.83 billion, a P/E ratio of 13.39 and a beta of 0.54.

Assurant (NYSE:AIZ) last issued its quarterly earnings results on Tuesday, August 4th. The financial services provider reported $6.41 earnings per share for the quarter, beating analysts’ consensus estimates of $5.17 by $1.24. Assurant had a net margin of 7.90% and a return on equity of 20.40%. The company had revenue of $3.45 billion during the quarter, compared to the consensus estimate of $3.43 billion. During the same period in the prior year, the company earned $5.56 EPS. Assurant’s revenue was up 9.4% on a year-over-year basis. As a group, sell-side analysts predict that Assurant, Inc. will post 22.07 earnings per share for the current fiscal year.

Assurant Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 28th. Investors of record on Monday, August 31st will be issued a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Monday, August 31st. Assurant’s payout ratio is presently 16.81%.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. UBS Group upped their price target on shares of Assurant from $274.00 to $331.00 and gave the stock a “buy” rating in a research note on Thursday, August 13th. Keefe, Bruyette & Woods raised their price objective on shares of Assurant from $310.00 to $325.00 and gave the company an “outperform” rating in a research note on Friday, August 7th. Morgan Stanley boosted their target price on Assurant from $300.00 to $320.00 and gave the stock an “overweight” rating in a report on Wednesday, August 19th. Wall Street Zen downgraded Assurant from a “buy” rating to a “hold” rating in a research report on Saturday, July 25th. Finally, BMO Capital Markets upped their target price on Assurant from $274.00 to $320.00 and gave the stock an “outperform” rating in a research report on Friday, August 28th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Assurant has a consensus rating of “Buy” and a consensus target price of $327.14.

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.