Swiss National Bank Decreases Stake in RenaissanceRe Holdings Ltd. $RNR

Swiss National Bank cut its holdings in shares of RenaissanceRe Holdings Ltd. (NYSE:RNR) by 1.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 91,200 shares of the insurance provider’s stock after selling 1,600 shares during the quarter. Swiss National Bank owned about 0.21% of RenaissanceRe worth $27,107,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of RNR. Jennison Associates LLC raised its holdings in RenaissanceRe by 40.6% in the 1st quarter. Jennison Associates LLC now owns 340,577 shares of the insurance provider’s stock valued at $101,230,000 after acquiring an additional 98,395 shares during the last quarter. Modera Wealth Management LLC acquired a new position in shares of RenaissanceRe during the 1st quarter worth approximately $360,000. Assetmark Inc. grew its position in shares of RenaissanceRe by 1.3% in the first quarter. Assetmark Inc. now owns 73,969 shares of the insurance provider’s stock valued at $21,986,000 after purchasing an additional 959 shares in the last quarter. Lightrock Netherlands B.V. grew its position in shares of RenaissanceRe by 15.8% in the first quarter. Lightrock Netherlands B.V. now owns 1,178,423 shares of the insurance provider’s stock valued at $350,263,000 after purchasing an additional 160,915 shares in the last quarter. Finally, Bessemer Group Inc. increased its holdings in shares of RenaissanceRe by 10.6% in the first quarter. Bessemer Group Inc. now owns 2,043 shares of the insurance provider’s stock valued at $607,000 after purchasing an additional 196 shares during the last quarter. Hedge funds and other institutional investors own 99.97% of the company’s stock.

Wall Street Analyst Weigh In

RNR has been the topic of a number of recent research reports. Barclays boosted their price objective on RenaissanceRe from $328.00 to $341.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 7th. Wells Fargo & Company lifted their price target on RenaissanceRe from $306.00 to $329.00 and gave the stock an “equal weight” rating in a report on Thursday, July 9th. TD Cowen boosted their price target on shares of RenaissanceRe from $300.00 to $315.00 and gave the company a “hold” rating in a research report on Tuesday, July 7th. Morgan Stanley upped their price objective on shares of RenaissanceRe from $310.00 to $320.00 and gave the company an “equal weight” rating in a report on Monday, July 6th. Finally, JPMorgan Chase & Co. raised their price objective on shares of RenaissanceRe from $329.00 to $360.00 and gave the stock a “neutral” rating in a research report on Monday. Five research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, RenaissanceRe presently has a consensus rating of “Hold” and a consensus target price of $335.33.

Trending Headlines about RenaissanceRe

Here are the key news stories impacting RenaissanceRe this week:

• Positive Sentiment: RenaissanceRe beat Q2 expectations, reporting $12.92 EPS versus consensus estimates around $11.44-$11.72, with revenue of $2.77 billion above estimates. The company also highlighted stronger operating income, higher investment income, and lower expenses. RenaissanceRe Holdings Ltd (RNR) Q2 2026 Earnings Call Highlights
• Positive Sentiment: Bank of America raised its price target on RNR to $438 from $410 and kept a Buy rating, signaling confidence in further upside after the earnings beat. Benzinga report on Bank of America price target increase
• Positive Sentiment: JPMorgan also lifted its price target to $360, and AM Best affirmed the credit ratings of RenaissanceRe and its core subsidiaries, reinforcing balance-sheet and credit quality confidence. JPMorgan Chase & Co. Increases RenaissanceRe (NYSE:RNR) Price Target to $360.00 AM Best Affirms Credit Ratings of RenaissanceRe Holdings Ltd., Its Core Subsidiaries and Joint Ventures
• Neutral Sentiment: Analyst coverage remains mixed overall, with one report noting an average rating of Hold, suggesting the market may still be waiting for more evidence that earnings strength can sustain. RenaissanceRe Holdings Ltd. (NYSE:RNR) Given Average Rating of “Hold” by Analysts
• Negative Sentiment: Some commentary pointed to weaker premiums and revenues even as earnings beat estimates, which may be limiting investor enthusiasm and contributing to the stock’s recent pullback. RNR Q2 Earnings Beat on Higher Investment Income and Lower Expenses

RenaissanceRe Stock Down 0.9%

Shares of NYSE:RNR opened at $316.86 on Friday. The firm has a market capitalization of $13.51 billion, a PE ratio of 5.44, a price-to-earnings-growth ratio of 1.24 and a beta of 0.17. RenaissanceRe Holdings Ltd. has a 1 year low of $231.17 and a 1 year high of $329.57. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.37 and a quick ratio of 1.37. The firm’s 50-day moving average is $304.42 and its two-hundred day moving average is $298.21.

RenaissanceRe (NYSE:RNR) last posted its quarterly earnings data on Wednesday, July 22nd. The insurance provider reported $12.92 EPS for the quarter, beating the consensus estimate of $11.72 by $1.20. The business had revenue of $2.77 billion during the quarter, compared to analyst estimates of $2.57 billion. RenaissanceRe had a net margin of 23.65% and a return on equity of 23.25%. During the same quarter last year, the firm posted $12.29 earnings per share. Analysts predict that RenaissanceRe Holdings Ltd. will post 40.57 EPS for the current year.

RenaissanceRe Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were paid a $0.41 dividend. The ex-dividend date was Monday, June 15th. This represents a $1.64 annualized dividend and a dividend yield of 0.5%. RenaissanceRe’s payout ratio is 2.73%.

RenaissanceRe Profile

RenaissanceRe Holdings Ltd. is a global provider of reinsurance and insurance solutions, specializing in property catastrophe, casualty, and specialty lines. Established in 1993 and headquartered in Bermuda, the company trades on the New York Stock Exchange under the symbol RNR. With a focus on underwriting and risk assessment, RenaissanceRe offers tailored programs designed to help insurers and corporations manage exposure to natural disasters, liability claims, and other complex risks.

The company operates through two primary segments: Reinsurance and Insurance.