Truist Financial Corp Sells 12,563 Shares of Assurant, Inc. $AIZ

Posted by Brian Himes on May 14th, 2026

Truist Financial Corp lowered its stake in shares of Assurant, Inc. (NYSE:AIZ – Free Report) by 58.3% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 8,991 shares of the financial services provider’s stock after selling 12,563 shares during the period. Truist Financial Corp’s holdings in Assurant were worth $2,166,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Versant Capital Management Inc lifted its holdings in shares of Assurant by 72.6% during the 3rd quarter. Versant Capital Management Inc now owns 126 shares of the financial services provider’s stock valued at $27,000 after buying an additional 53 shares during the period. CYBER HORNET ETFs LLC bought a new position in shares of Assurant during the 2nd quarter valued at $27,000. Montag A & Associates Inc. bought a new position in shares of Assurant during the 4th quarter valued at $28,000. Smartleaf Asset Management LLC lifted its holdings in shares of Assurant by 65.6% during the 3rd quarter. Smartleaf Asset Management LLC now owns 149 shares of the financial services provider’s stock valued at $32,000 after buying an additional 59 shares during the period. Finally, BOKF NA bought a new position in shares of Assurant during the 3rd quarter valued at $32,000. 92.65% of the stock is owned by institutional investors.

Assurant Price Performance

Shares of Assurant stock opened at $242.38 on Thursday. Assurant, Inc. has a one year low of $183.39 and a one year high of $247.41. The stock’s fifty day moving average is $224.63 and its 200 day moving average is $227.73. The stock has a market cap of $12.01 billion, a P/E ratio of 12.40 and a beta of 0.56. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.39 and a current ratio of 0.39.

Assurant (NYSE:AIZ – Get Free Report) last released its earnings results on Tuesday, May 5th. The financial services provider reported $5.95 EPS for the quarter, topping analysts’ consensus estimates of $5.29 by $0.66. Assurant had a net margin of 7.60% and a return on equity of 20.32%. The company had revenue of $3.42 billion for the quarter, compared to analysts’ expectations of $3.29 billion. During the same quarter last year, the business earned $5.79 EPS. The firm’s revenue was up 11.3% compared to the same quarter last year. Sell-side analysts anticipate that Assurant, Inc. will post 20.87 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on AIZ shares. Keefe, Bruyette & Woods increased their price target on Assurant from $258.00 to $270.00 and gave the company an “outperform” rating in a report on Wednesday. Wall Street Zen cut shares of Assurant from a “buy” rating to a “hold” rating in a research note on Saturday, February 14th. UBS Group increased their price objective on shares of Assurant from $270.00 to $274.00 and gave the stock a “buy” rating in a research note on Monday. Weiss Ratings cut shares of Assurant from a “buy (b+)” rating to a “buy (b)” rating in a research note on Monday. Finally, Piper Sandler increased their price objective on shares of Assurant from $264.00 to $268.00 and gave the stock an “overweight” rating in a research note on Monday. Eight equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Assurant currently has a consensus rating of “Moderate Buy” and a consensus price target of $264.67.

Check Out Our Latest Stock Report on Assurant

Insider Buying and Selling

In other Assurant news, CAO Dimitry Dirienzo sold 750 shares of the firm’s stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of $210.98, for a total transaction of $158,235.00. Following the sale, the chief accounting officer owned 4,741 shares in the company, valued at approximately $1,000,256.18. This trade represents a 13.66% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Subhashish Sengupta sold 1,880 shares of the firm’s stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of $210.53, for a total transaction of $395,796.40. Following the sale, the executive vice president owned 2,895 shares in the company, valued at approximately $609,484.35. The trade was a 39.37% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 2,650 shares of company stock worth $558,331. 0.54% of the stock is owned by company insiders.

About Assurant

(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.