Soltis Investment Advisors LLC Acquires 11,932 Shares of The Progressive Corporation $PGR

Posted by Stanley Muller on Oct 31st, 2026

Soltis Investment Advisors LLC increased its holdings in The Progressive Corporation (NYSE:PGR – Free Report) by 461.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,515 shares of the insurance provider’s stock after acquiring an additional 11,932 shares during the period. Soltis Investment Advisors LLC’s holdings in Progressive were worth $3,009,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Founders Financial Securities LLC lifted its holdings in shares of Progressive by 5.0% in the third quarter. Founders Financial Securities LLC now owns 4,236 shares of the insurance provider’s stock valued at $878,000 after purchasing an additional 200 shares in the last quarter. Everett Harris & Co. CA grew its holdings in Progressive by 0.7% during the third quarter. Everett Harris & Co. CA now owns 204,067 shares of the insurance provider’s stock worth $42,305,000 after buying an additional 1,426 shares in the last quarter. United Asset Strategies Inc. bought a new stake in Progressive during the third quarter worth $1,689,000. Sage Rhino Capital LLC purchased a new stake in Progressive in the 3rd quarter valued at $807,000. Finally, D.A. Davidson & CO. raised its position in Progressive by 1.7% in the 3rd quarter. D.A. Davidson & CO. now owns 47,239 shares of the insurance provider’s stock valued at $9,793,000 after buying an additional 776 shares during the last quarter. Institutional investors own 85.34% of the company’s stock.

Insider Transactions at Progressive

In related news, CEO Susan Griffith sold 37,338 shares of the stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $219.50, for a total transaction of $8,195,691.00. Following the completion of the transaction, the chief executive officer owned 485,438 shares in the company, valued at approximately $106,553,641. This represents a 7.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Steven Broz sold 1,225 shares of the firm’s stock in a transaction dated Thursday, October 22nd. The stock was sold at an average price of $223.32, for a total transaction of $273,567.00. Following the sale, the insider owned 28,807 shares of the company’s stock, valued at $6,433,179.24. This trade represents a 4.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 48,352 shares of company stock worth $10,524,258 in the last ninety days. Company insiders own 0.32% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently issued reports on PGR. Piper Sandler upped their target price on shares of Progressive from $241.00 to $242.00 and gave the stock an “overweight” rating in a research note on Thursday, August 20th. Keefe, Bruyette & Woods dropped their price target on shares of Progressive from $252.00 to $246.00 and set an “outperform” rating on the stock in a research report on Thursday, October 15th. BMO Capital Markets restated a “market perform” rating on shares of Progressive in a report on Thursday, October 15th. HSBC reaffirmed a “hold” rating and issued a $216.00 price objective (down from $221.00) on shares of Progressive in a research report on Wednesday, October 7th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and issued a $228.00 price objective (up from $213.00) on shares of Progressive in a research report on Wednesday, August 19th. Nine investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $234.45.

Get Our Latest Research Report on Progressive

Progressive Stock Up 0.4%

PGR stock opened at $231.20 on Friday. The stock’s fifty day simple moving average is $217.64 and its two-hundred day simple moving average is $209.28. The company has a current ratio of 0.31, a quick ratio of 0.29 and a debt-to-equity ratio of 0.24. The Progressive Corporation has a 1-year low of $189.20 and a 1-year high of $239.38. The stock has a market cap of $134.41 billion, a P/E ratio of 12.06, a P/E/G ratio of 2.66 and a beta of 0.25.

Progressive Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 9th. Stockholders of record on Thursday, October 1st were paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Thursday, October 1st. Progressive’s payout ratio is presently 2.01%.

Progressive Profile

(Free Report)

Progressive Corporation is an insurance holding company headquartered in Mayfield Village, Ohio. Founded in 1937, the company provides insurance products primarily to consumers and businesses in the United States. Progressive distributes its products directly through its website, mobile channels and call centers, as well as through independent agents and brokers.

The company is best known for personal auto insurance, including coverage for cars, motorcycles, boats, recreational vehicles and other personal vehicles.