Lazard Asset Management LLC Purchases 24,815 Shares of Assurant, Inc. $AIZ

Posted by Brenda Bartman on Jul 30th, 2026

Lazard Asset Management LLC boosted its holdings in Assurant, Inc. (NYSE:AIZ – Free Report) by 130.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 43,809 shares of the financial services provider’s stock after buying an additional 24,815 shares during the period. Lazard Asset Management LLC’s holdings in Assurant were worth $9,542,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Montag A & Associates Inc. purchased a new stake in Assurant in the 4th quarter worth approximately $28,000. CYBER HORNET ETFs LLC bought a new stake in Assurant during the second quarter worth about $27,000. BOKF NA bought a new stake in Assurant in the 3rd quarter worth approximately $32,000. Park Square Financial Group LLC grew its holdings in shares of Assurant by 205.5% during the 4th quarter. Park Square Financial Group LLC now owns 168 shares of the financial services provider’s stock valued at $40,000 after purchasing an additional 113 shares during the last quarter. Finally, Greenline Wealth Management LLC bought a new position in shares of Assurant during the fourth quarter valued at about $41,000. 92.65% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Assurant news, EVP Keith Meier sold 25,000 shares of the company’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $254.31, for a total value of $6,357,750.00. Following the completion of the sale, the executive vice president owned 18,552 shares in the company, valued at $4,717,959.12. This represents a 57.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Jay Rosenblum sold 2,000 shares of the firm’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $251.77, for a total value of $503,540.00. Following the completion of the transaction, the executive vice president directly owned 12,764 shares in the company, valued at $3,213,592.28. This trade represents a 13.55% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 36,000 shares of company stock valued at $9,211,620 in the last 90 days. 0.54% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts recently commented on AIZ shares. UBS Group lifted their target price on shares of Assurant from $270.00 to $274.00 and gave the stock a “buy” rating in a research note on Monday, May 11th. Wall Street Zen cut Assurant from a “buy” rating to a “hold” rating in a research note on Saturday, July 25th. Royal Bank Of Canada set a $310.00 price objective on shares of Assurant in a research note on Wednesday, June 17th. Piper Sandler reissued an “overweight” rating on shares of Assurant in a report on Monday, June 22nd. Finally, Weiss Ratings cut shares of Assurant from a “buy (a-)” rating to a “buy (b+)” rating in a report on Tuesday, June 23rd. Nine analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $291.43.

Read Our Latest Analysis on Assurant

Assurant Stock Performance

Shares of NYSE AIZ opened at $280.93 on Thursday. Assurant, Inc. has a 12-month low of $183.39 and a 12-month high of $284.64. The firm has a market capitalization of $13.92 billion, a price-to-earnings ratio of 14.37 and a beta of 0.55. The company has a current ratio of 0.39, a quick ratio of 0.39 and a debt-to-equity ratio of 0.38. The firm has a 50 day moving average of $265.83 and a 200 day moving average of $242.06.

Assurant (NYSE:AIZ – Get Free Report) last released its quarterly earnings results on Tuesday, May 5th. The financial services provider reported $5.95 earnings per share for the quarter, topping the consensus estimate of $5.29 by $0.66. The business had revenue of $3.42 billion for the quarter, compared to the consensus estimate of $3.29 billion. Assurant had a net margin of 7.60% and a return on equity of 20.32%. The company’s quarterly revenue was up 11.3% on a year-over-year basis. During the same period last year, the firm earned $5.79 earnings per share. On average, research analysts anticipate that Assurant, Inc. will post 21.04 earnings per share for the current year.

Assurant Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 29th. Investors of record on Monday, June 8th were issued a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Monday, June 8th. Assurant’s dividend payout ratio (DPR) is currently 18.01%.

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.