17,731 Shares of Assurant, Inc. $AIZ Acquired by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Assurant, Inc. (NYSE:AIZ) during the 3rd quarter, according to its most recent filing with the SEC. The firm bought 17,731 shares of the financial services provider’s stock, valued at approximately $4,672,000.

A number of other hedge funds also recently made changes to their positions in the company. Latitude Advisors LLC purchased a new stake in Assurant during the 3rd quarter worth $26,000. Independence Bank of Kentucky acquired a new position in Assurant in the 3rd quarter worth $26,000. First Bancorp Inc ME purchased a new position in Assurant in the 2nd quarter valued at about $31,000. Arlington Trust Co LLC boosted its position in Assurant by 81.4% in the 2nd quarter. Arlington Trust Co LLC now owns 127 shares of the financial services provider’s stock valued at $34,000 after buying an additional 57 shares during the last quarter. Finally, Transamerica Financial Advisors LLC acquired a new stake in Assurant during the 2nd quarter valued at approximately $40,000. Hedge funds and other institutional investors own 92.65% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on AIZ shares. Weiss Ratings raised Assurant from a “buy (a-)” rating to a “buy (a)” rating in a research report on Thursday, October 8th. Keefe, Bruyette & Woods lifted their price target on shares of Assurant from $325.00 to $345.00 and gave the stock an “outperform” rating in a research note on Thursday. Morgan Stanley dropped their price target on shares of Assurant from $320.00 to $300.00 and set an “overweight” rating for the company in a research note on Tuesday, October 6th. Piper Sandler upped their price target on shares of Assurant from $290.00 to $329.00 and gave the company an “overweight” rating in a report on Thursday, August 6th. Finally, Wall Street Zen downgraded shares of Assurant from a “buy” rating to a “hold” rating in a research note on Saturday, October 24th. Two research analysts have rated the stock with a Strong Buy rating and six have given a Buy rating to the company’s stock. Based on data from MarketBeat, Assurant currently has a consensus rating of “Buy” and a consensus price target of $327.14.

More Assurant News

Here are the key news stories impacting Assurant this week:

• Positive Sentiment: Assurant reported third-quarter earnings of $6.15 per share, above analysts’ estimates, while revenue rose 9.2% year over year to $3.53 billion. Strength in its Lifestyle and Housing businesses contributed to the results, and coverage cited a stronger 2026 earnings outlook. AIZ Q3 Earnings Beat Estimates on Lifestyle and Housing Strength
• Positive Sentiment: Keefe, Bruyette & Woods raised its price target from $325 to $345 and maintained an “outperform” rating, signaling continued analyst confidence in potential upside. Keefe, Bruyette & Woods stock recommendations
• Positive Sentiment: Assurant acquired Protection Point Service Plans, a Canadian commercial-equipment protection-program provider, expanding its capabilities and reach in that market. Assurant Acquires Protection Point
• Neutral Sentiment: AIZ recently reached a 52-week high. That reflects strong momentum, though the elevated price may lead some investors to consider taking profits. Assurant Soars to 52-Week High, Time to Cash Out?

Assurant Stock Performance

AIZ opened at $306.30 on Friday. The business’s 50 day moving average is $279.97 and its 200-day moving average is $255.90. The company has a current ratio of 0.66, a quick ratio of 0.38 and a debt-to-equity ratio of 0.37. The stock has a market cap of $15.11 billion, a PE ratio of 12.79 and a beta of 0.52. Assurant, Inc. has a twelve month low of $209.86 and a twelve month high of $316.72.

Assurant (NYSE:AIZ) last announced its quarterly earnings results on Tuesday, November 3rd. The financial services provider reported $6.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.75 by $1.40. Assurant had a return on equity of 20.44% and a net margin of 7.80%. The company had revenue of $3.53 billion during the quarter, compared to analyst estimates of $3.48 billion. During the same quarter in the previous year, the firm posted $5.73 EPS. The firm’s quarterly revenue was up 9.2% on a year-over-year basis. On average, analysts predict that Assurant, Inc. will post 22.40 earnings per share for the current year.

Assurant Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 28th. Investors of record on Monday, August 31st were paid a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Monday, August 31st. Assurant’s payout ratio is currently 16.81%.

Assurant Profile

Assurant, Inc (NYSE:AIZ) is a global business services company that provides insurance products and related services. Its offerings are designed to help consumers protect mobile devices, household belongings, vehicles, homes and other significant purchases, while supporting businesses in managing risk and customer relationships.

Assurant operates through three primary business segments: Global Lifestyle, Global Housing and Global Preneed. Global Lifestyle provides mobile device protection, extended service contracts and related services for consumer electronics, appliances and vehicles.