Illinois Municipal Retirement Fund Purchases 2,042 Shares of Assurant, Inc. $AIZ

Posted by Stanley Muller on Jul 19th, 2026

Illinois Municipal Retirement Fund grew its position in shares of Assurant, Inc. (NYSE:AIZ – Free Report) by 12.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 17,917 shares of the financial services provider’s stock after buying an additional 2,042 shares during the period. Illinois Municipal Retirement Fund’s holdings in Assurant were worth $3,903,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in AIZ. Bank of New York Mellon Corp increased its holdings in Assurant by 0.6% in the 4th quarter. Bank of New York Mellon Corp now owns 5,040,347 shares of the financial services provider’s stock worth $1,213,968,000 after acquiring an additional 29,974 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Assurant by 6.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 919,639 shares of the financial services provider’s stock valued at $221,500,000 after purchasing an additional 57,139 shares during the last quarter. Fuller & Thaler Asset Management Inc. boosted its position in Assurant by 7.7% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 697,555 shares of the financial services provider’s stock worth $168,006,000 after purchasing an additional 49,698 shares during the period. Norges Bank purchased a new position in shares of Assurant in the fourth quarter worth about $161,574,000. Finally, Morgan Stanley increased its stake in shares of Assurant by 5.2% in the fourth quarter. Morgan Stanley now owns 640,431 shares of the financial services provider’s stock worth $154,248,000 after purchasing an additional 31,432 shares in the last quarter. Institutional investors own 92.65% of the company’s stock.

Analyst Upgrades and Downgrades

AIZ has been the topic of several research reports. Piper Sandler reissued an “overweight” rating on shares of Assurant in a research report on Monday, June 22nd. UBS Group lifted their price objective on shares of Assurant from $270.00 to $274.00 and gave the company a “buy” rating in a research note on Monday, May 11th. Royal Bank Of Canada set a $310.00 target price on shares of Assurant in a report on Wednesday, June 17th. Morgan Stanley increased their target price on Assurant from $285.00 to $300.00 and gave the stock an “overweight” rating in a research report on Monday, July 6th. Finally, Weiss Ratings lowered Assurant from a “buy (a-)” rating to a “buy (b+)” rating in a report on Tuesday, June 23rd. Nine research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $291.43.

View Our Latest Research Report on AIZ

Assurant Trading Up 0.6%

Shares of AIZ opened at $277.10 on Friday. The business’s 50-day moving average price is $261.67 and its 200-day moving average price is $239.94. Assurant, Inc. has a twelve month low of $183.39 and a twelve month high of $284.12. The stock has a market cap of $13.73 billion, a PE ratio of 14.17 and a beta of 0.55. The company has a quick ratio of 0.39, a current ratio of 0.39 and a debt-to-equity ratio of 0.38.

Assurant (NYSE:AIZ – Get Free Report) last released its quarterly earnings data on Tuesday, May 5th. The financial services provider reported $5.95 EPS for the quarter, beating analysts’ consensus estimates of $5.29 by $0.66. The company had revenue of $3.42 billion during the quarter, compared to analyst estimates of $3.29 billion. Assurant had a net margin of 7.60% and a return on equity of 20.32%. Assurant’s revenue was up 11.3% compared to the same quarter last year. During the same period last year, the business earned $5.79 earnings per share. On average, equities analysts forecast that Assurant, Inc. will post 21.04 EPS for the current fiscal year.

Assurant Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 29th. Shareholders of record on Monday, June 8th were paid a $0.88 dividend. The ex-dividend date was Monday, June 8th. This represents a $3.52 annualized dividend and a yield of 1.3%. Assurant’s dividend payout ratio is currently 18.01%.

Insider Activity

In other news, 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 transaction, the executive vice president owned 27,374 shares of the company’s stock, valued at approximately $7,191,423.54. This represents a 20.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Dimitry Dirienzo sold 2,000 shares of the stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $255.68, for a total value of $511,360.00. Following the completion of the sale, the chief accounting officer owned 2,741 shares in the company, valued at $700,818.88. This trade represents a 42.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 36,000 shares of company stock valued at $9,211,620 in the last quarter. 0.54% of the stock is currently owned by company insiders.

Assurant Profile

(Free Report)

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.