Royal Bank of Canada Purchases 11,712 Shares of Assurant, Inc. $AIZ

Royal Bank of Canada raised its position in Assurant, Inc. (NYSE:AIZ) by 17.2% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 79,737 shares of the financial services provider’s stock after buying an additional 11,712 shares during the period. Royal Bank of Canada’s holdings in Assurant were worth $17,368,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of AIZ. CYBER HORNET ETFs LLC purchased a new position in shares of Assurant in the 2nd quarter worth approximately $27,000. Montag A & Associates Inc. purchased a new position in Assurant in the fourth quarter worth $28,000. BOKF NA purchased a new position in Assurant in the third quarter worth $32,000. Geneos Wealth Management Inc. grew its stake in Assurant by 57.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 183 shares of the financial services provider’s stock valued at $38,000 after purchasing an additional 67 shares during the period. Finally, Park Square Financial Group LLC increased its position in shares of Assurant by 205.5% during the 4th quarter. Park Square Financial Group LLC now owns 168 shares of the financial services provider’s stock valued at $40,000 after purchasing an additional 113 shares during the last quarter. Institutional investors own 92.65% of the company’s stock.

Assurant News Roundup

Here are the key news stories impacting Assurant this week:

• Positive Sentiment: Assurant posted adjusted earnings of $6.41 per share, exceeding the $5.17 analyst consensus, while revenue increased 9.4% year over year to $3.45 billion and slightly surpassed expectations. Strength in the Global Lifestyle and Global Housing businesses drove the performance. AIZ Q2 Earnings Beat Estimates on Lifestyle and Housing Strength
• Positive Sentiment: Management reaffirmed expectations for mid-single-digit 2026 adjusted EBITDA and EPS growth and indicated that share repurchases could reach the upper end of its $300 million to $350 million target range. Buybacks could support earnings per share and provide a potential cushion for the stock. Assurant signals mid-single-digit 2026 adjusted EBITDA and EPS growth
• Positive Sentiment: The earnings presentation and call highlighted continued operating momentum, with quarterly EPS rising from $5.56 a year earlier. The results reinforce the outlook for approximately $21.04 in full-year EPS. Assurant, Inc. 2026 Q2 Results Earnings Call Presentation
• Neutral Sentiment: Analyst estimate changes were limited and mixed: Zacks Research trimmed its Q1 2027 and FY2027 EPS forecasts modestly, while raising its Q2 2028 estimate. The revisions do not materially change the longer-term earnings outlook. Equities Analysts Offer Predictions for Assurant Q1 Earnings
• Negative Sentiment: Near-term trading appears pressured by valuation and profit-taking: shares remain close to their 12-month high after a strong run, while investors may have already anticipated the earnings beat and improved outlook. Why Assurant Stock Is Trading Up Today

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on AIZ shares. Piper Sandler lifted their target price on Assurant from $290.00 to $329.00 and gave the stock an “overweight” rating in a research note on Thursday. Wall Street Zen downgraded shares of Assurant from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. Weiss Ratings lowered shares of Assurant from a “buy (a-)” rating to a “buy (b+)” rating in a research report on Tuesday, June 23rd. Keefe, Bruyette & Woods boosted their target price on shares of Assurant from $270.00 to $310.00 and gave the company an “outperform” rating in a research note on Wednesday, July 8th. Finally, Royal Bank Of Canada set a $310.00 target price on shares of Assurant in a research report on Wednesday, June 17th. Nine equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $303.43.

Assurant Stock Down 1.8%

Shares of NYSE AIZ opened at $296.01 on Friday. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.67 and a quick ratio of 0.39. The stock has a market capitalization of $14.67 billion, a PE ratio of 14.14 and a beta of 0.55. Assurant, Inc. has a one year low of $200.62 and a one year high of $303.94. The business’s fifty day moving average price is $269.87 and its 200-day moving average price is $244.19.

Assurant (NYSE:AIZ) last announced its quarterly earnings data on Tuesday, August 4th. The financial services provider reported $6.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.17 by $1.24. The business had revenue of $3.45 billion for the quarter, compared to analysts’ expectations of $3.43 billion. Assurant had a return on equity of 20.40% and a net margin of 7.90%.The firm’s quarterly revenue was up 9.4% compared to the same quarter last year. During the same period in the previous year, the business posted $5.56 EPS. On average, equities research analysts anticipate that Assurant, Inc. will post 21.04 EPS for the current year.

Assurant Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 29th. Stockholders of record on Monday, June 8th were given a $0.88 dividend. The ex-dividend date of this dividend was Monday, June 8th. This represents a $3.52 annualized dividend and a dividend yield of 1.2%. Assurant’s payout ratio is 16.81%.

Insider Buying and Selling at Assurant

In other Assurant news, CAO Dimitry Dirienzo sold 2,000 shares of the business’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $255.68, for a total transaction of $511,360.00. Following the sale, the chief accounting officer owned 2,741 shares of the company’s stock, valued at $700,818.88. The trade was a 42.19% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Jay Rosenblum sold 2,000 shares of the stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $251.77, for a total value of $503,540.00. Following the sale, the executive vice president owned 12,764 shares in the company, valued at approximately $3,213,592.28. This represents a 13.55% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 36,000 shares of company stock valued at $9,211,620. 0.54% of the stock is owned by corporate insiders.

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.