VIRGINIA RETIREMENT SYSTEMS ET Al Makes New $5.64 Million Investment in RenaissanceRe Holdings Ltd. $RNR

Posted by Francis Steltz on Sep 9th, 2026

VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of RenaissanceRe Holdings Ltd. (NYSE:RNR – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 17,787 shares of the insurance provider’s stock, valued at approximately $5,637,000.

Several other hedge funds have also modified their holdings of RNR. Continuum Advisory LLC purchased a new stake in shares of RenaissanceRe in the second quarter valued at approximately $38,000. Kingdom Financial Group LLC. acquired a new stake in RenaissanceRe in the fourth quarter valued at $36,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in RenaissanceRe in the second quarter valued at $42,000. Quarry LP boosted its position in shares of RenaissanceRe by 65.0% during the 3rd quarter. Quarry LP now owns 132 shares of the insurance provider’s stock worth $34,000 after purchasing an additional 52 shares in the last quarter. Finally, CIBC Private Wealth Group LLC grew its stake in shares of RenaissanceRe by 235.0% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 134 shares of the insurance provider’s stock worth $34,000 after purchasing an additional 94 shares during the period. 99.97% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at RenaissanceRe

In other RenaissanceRe news, EVP Robert Qutub sold 5,000 shares of the stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $333.03, for a total transaction of $1,665,150.00. Following the sale, the executive vice president owned 72,907 shares in the company, valued at approximately $24,280,218.21. This represents a 6.42% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 2.30% of the company’s stock.

Analyst Ratings Changes

RNR has been the subject of several recent analyst reports. Wells Fargo & Company raised their price objective on shares of RenaissanceRe from $306.00 to $329.00 and gave the company an “equal weight” rating in a research note on Thursday, July 9th. Morgan Stanley increased their target price 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. Cantor Fitzgerald reiterated an “overweight” rating on shares of RenaissanceRe in a research report on Thursday, July 23rd. Keefe, Bruyette & Woods boosted their price target on RenaissanceRe from $342.00 to $350.00 and gave the stock a “market perform” rating in a research note on Monday, July 27th. Finally, Citigroup raised RenaissanceRe from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $335.00 to $345.00 in a research note on Wednesday, June 10th. Five equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, RenaissanceRe has an average rating of “Hold” and a consensus target price of $336.33.

Check Out Our Latest Stock Analysis on RenaissanceRe

RenaissanceRe Stock Performance

NYSE:RNR opened at $323.04 on Wednesday. The company has a current ratio of 1.38, a quick ratio of 1.38 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $13.42 billion, a P/E ratio of 5.54, a price-to-earnings-growth ratio of 1.20 and a beta of 0.17. The firm has a 50-day moving average price of $323.34 and a two-hundred day moving average price of $307.78. RenaissanceRe Holdings Ltd. has a twelve month low of $231.17 and a twelve month high of $340.24.

RenaissanceRe (NYSE:RNR – Get Free Report) last announced its quarterly earnings results on Tuesday, June 30th. The insurance provider reported $12.92 earnings per share (EPS) for the quarter. The company had revenue of $2.77 billion for the quarter. RenaissanceRe had a net margin of 23.65% and a return on equity of 23.10%. As a group, research analysts expect that RenaissanceRe Holdings Ltd. will post 42.4 earnings per share for the current fiscal year.

RenaissanceRe Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be paid a $0.41 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.64 dividend on an annualized basis and a yield of 0.5%. RenaissanceRe’s dividend payout ratio is presently 2.81%.

RenaissanceRe Profile

(Free Report)

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.