Nair Biju Sells 3,931 Shares of Assurant (NYSE:AIZ) Stock

Posted by Brenda Bartman on Aug 7th, 2026

Assurant, Inc. (NYSE:AIZ – Get Free Report) EVP Nair Biju sold 3,931 shares of the business’s stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $302.46, for a total value of $1,188,970.26. Following the sale, the executive vice president directly owned 24,247 shares in the company, valued at $7,333,747.62. This trade represents a 13.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Assurant Trading Down 2.4%

AIZ traded down $7.07 during trading on Friday, reaching $289.33. The company had a trading volume of 472,273 shares, compared to its average volume of 404,922. The firm’s 50-day simple moving average is $269.87 and its 200 day simple moving average is $244.19. The company has a market cap of $14.34 billion, a price-to-earnings ratio of 13.82 and a beta of 0.55. Assurant, Inc. has a 12-month low of $201.96 and a 12-month high of $303.94. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.39 and a current ratio of 0.67.

Assurant (NYSE:AIZ – Get Free Report) last announced its earnings results on Tuesday, August 4th. The financial services provider reported $6.41 EPS for the quarter, topping the consensus estimate of $5.17 by $1.24. The company had revenue of $3.45 billion during the quarter, compared to analysts’ expectations of $3.43 billion. Assurant had a net margin of 7.90% and a return on equity of 20.40%. The business’s revenue for the quarter was up 9.4% on a year-over-year basis. During the same period last year, the company posted $5.56 earnings per share. Equities research analysts anticipate that Assurant, Inc. will post 21.04 earnings per share for the current year.

Assurant Dividend Announcement

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

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on AIZ shares. Weiss Ratings lowered Assurant from a “buy (a-)” rating to a “buy (b+)” rating in a report on Tuesday, June 23rd. Piper Sandler upped their price target on Assurant from $290.00 to $329.00 and gave the company an “overweight” rating in a research report on Thursday. Royal Bank Of Canada set a $310.00 price objective on Assurant in a research note on Wednesday, June 17th. Truist Financial lifted their target price on Assurant from $310.00 to $355.00 and gave the company a “buy” rating in a research note on Thursday. Finally, Wall Street Zen downgraded Assurant from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. Nine analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $305.57.

Get Our Latest Report on Assurant

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Bank of New York Mellon Corp raised its stake in shares of Assurant by 0.6% during 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 purchasing an additional 29,974 shares in the last quarter. BlackRock Inc. bought a new stake in shares of Assurant in the 2nd quarter valued at approximately $1,345,211,000. Dimensional Fund Advisors LP grew its stake in shares of Assurant by 22.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,125,406 shares of the financial services provider’s stock valued at $245,121,000 after buying an additional 205,767 shares in the last quarter. Fuller & Thaler Asset Management Inc. increased its holdings in Assurant by 7.7% in 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 buying an additional 49,698 shares during the last quarter. Finally, Norges Bank acquired a new position in Assurant in the fourth quarter worth approximately $161,574,000. 92.65% of the stock is owned by institutional investors and hedge funds.

Assurant Company Profile

(Get 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.