6,705 Assurant, Inc. $AIZ Shares Purchased by Sumitomo Mitsui Trust Group Inc.

Posted by Brian Himes on Nov 8th, 2026

Sumitomo Mitsui Trust Group Inc. grew its stake in shares of Assurant, Inc. (NYSE:AIZ – Free Report) by 236.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,543 shares of the financial services provider’s stock after purchasing an additional 6,705 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in Assurant were worth $2,515,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. BlackRock Inc. bought a new position in shares of Assurant during the 2nd quarter worth about $1,345,211,000. Bank of New York Mellon Corp bought a new stake in Assurant in the 2nd quarter valued at about $1,269,591,000. Dimensional Fund Advisors LP increased its position in 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. Bank of America Corp DE bought a new stake in Assurant in the 2nd quarter valued at about $269,635,000. Finally, First Trust Advisors LP raised its stake in Assurant by 9.2% during the 1st quarter. First Trust Advisors LP now owns 632,896 shares of the financial services provider’s stock worth $137,851,000 after buying an additional 53,470 shares during the period. Institutional investors and hedge funds own 92.65% of the company’s stock.

Assurant Stock Down 0.0%

Assurant stock opened at $306.77 on Friday. Assurant, Inc. has a 1-year low of $209.86 and a 1-year high of $316.72. The firm has a market capitalization of $15.13 billion, a price-to-earnings ratio of 14.43 and a beta of 0.52. The firm’s fifty day moving average price is $280.40 and its two-hundred day moving average price is $256.27. The company has a current ratio of 0.66, a quick ratio of 0.38 and a debt-to-equity ratio of 0.37.

Assurant (NYSE:AIZ – Get Free Report) last posted its earnings results on Tuesday, November 3rd. The financial services provider reported $6.15 EPS for the quarter, topping the consensus estimate of $4.75 by $1.40. The company had revenue of $3.53 billion during the quarter, compared to the consensus estimate of $3.48 billion. Assurant had a net margin of 7.80% and a return on equity of 20.44%. The firm’s revenue for the quarter was up 9.2% on a year-over-year basis. During the same period in the previous year, the firm posted $5.73 earnings per share. On average, equities research analysts predict that Assurant, Inc. will post 22.99 earnings per share for the current fiscal year.

Assurant Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 28th. Investors of record on Monday, August 31st were given a $0.88 dividend. The ex-dividend date of this dividend was Monday, August 31st. This represents a $3.52 annualized dividend and a yield of 1.1%. Assurant’s dividend payout ratio (DPR) is presently 16.56%.

Wall Street Analyst Weigh In

Several brokerages have issued reports on AIZ. Weiss Ratings upgraded Assurant from a “buy (a-)” rating to a “buy (a)” rating in a report on Thursday, October 8th. Morgan Stanley reduced their price objective on Assurant from $320.00 to $300.00 and set an “overweight” rating for the company in a research note on Tuesday, October 6th. Wall Street Zen upgraded Assurant from a “hold” rating to a “buy” rating in a report on Saturday. Piper Sandler upped their target price on Assurant from $290.00 to $329.00 and gave the stock an “overweight” rating in a research report on Thursday, August 6th. Finally, Truist Financial upped their target price on Assurant from $310.00 to $355.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Two investment analysts have rated the stock with a Strong Buy rating and six have assigned a Buy rating to the company’s stock. According to MarketBeat, Assurant has an average rating of “Buy” and a consensus price target of $327.14.

Get Our Latest Analysis on AIZ

Assurant Company Profile

(Free Report)

Assurant, Inc is a global provider of insurance products and services, with a focus on protecting purchases and supporting housing-related needs. Its operations are organized around Global Housing and Global Lifestyle.

Through its housing business, Assurant offers products and services such as renters, manufactured housing, and lender-placed insurance, along with related claims and risk-management solutions. Its lifestyle business provides mobile device protection, extended service contracts, vehicle protection products, and support services for consumers and business partners.

The company serves customers and business partners in markets across North America, Latin America, Europe, and Asia-Pacific.