Cetera Investment Advisers Buys 6,737 Shares of Palomar Holdings, Inc. $PLMR

Posted by Stanley Muller on Aug 9th, 2026

Cetera Investment Advisers raised its stake in Palomar Holdings, Inc. (NASDAQ:PLMR – Free Report) by 55.1% in the 1st quarter, HoldingsChannel.com reports. The firm owned 18,954 shares of the company’s stock after buying an additional 6,737 shares during the quarter. Cetera Investment Advisers’ holdings in Palomar were worth $2,265,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of PLMR. Royal Bank of Canada boosted its position in shares of Palomar by 49.1% during the first quarter. Royal Bank of Canada now owns 2,956 shares of the company’s stock valued at $406,000 after buying an additional 974 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Palomar by 5.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,427 shares of the company’s stock valued at $2,115,000 after buying an additional 791 shares during the last quarter. NewEdge Advisors LLC purchased a new stake in Palomar in the 1st quarter valued at $66,000. United Services Automobile Association bought a new position in Palomar during the 1st quarter valued at $223,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Palomar by 11.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 72,661 shares of the company’s stock valued at $9,960,000 after acquiring an additional 7,754 shares in the last quarter. Institutional investors own 90.25% of the company’s stock.

Palomar Stock Performance

Shares of Palomar stock opened at $131.00 on Friday. The business’s fifty day simple moving average is $126.70 and its 200 day simple moving average is $123.71. The firm has a market capitalization of $3.45 billion, a P/E ratio of 17.61 and a beta of 0.40. Palomar Holdings, Inc. has a 12 month low of $100.81 and a 12 month high of $147.62. The company has a current ratio of 0.50, a quick ratio of 0.49 and a debt-to-equity ratio of 0.30.

Palomar (NASDAQ:PLMR – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $2.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.19 by $0.17. Palomar had a return on equity of 23.28% and a net margin of 18.61%.The firm had revenue of $314.42 million during the quarter, compared to the consensus estimate of $621.52 million. During the same quarter in the prior year, the company earned $1.76 EPS. As a group, analysts anticipate that Palomar Holdings, Inc. will post 8.97 EPS for the current year.

Palomar Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Wednesday, August 19th will be issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Wednesday, August 19th. Palomar’s payout ratio is 24.19%.

Insider Activity at Palomar

In other Palomar news, insider Timothy Carter sold 480 shares of Palomar stock in a transaction dated Sunday, June 28th. The shares were sold at an average price of $124.29, for a total value of $59,659.20. Following the sale, the insider owned 1,670 shares of the company’s stock, valued at approximately $207,564.30. The trade was a 22.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, COO Rodolphe Herve sold 1,207 shares of Palomar stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $135.35, for a total transaction of $163,367.45. Following the completion of the sale, the chief operating officer directly owned 3,548 shares in the company, valued at approximately $480,221.80. This represents a 25.38% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 22,050 shares of company stock worth $2,875,050 in the last ninety days. Corporate insiders own 3.70% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on PLMR. Piper Sandler lifted their price objective on shares of Palomar from $132.00 to $165.00 and gave the stock an “overweight” rating in a report on Wednesday, July 15th. Weiss Ratings upgraded shares of Palomar from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, June 18th. Keefe, Bruyette & Woods raised their price target on shares of Palomar from $162.00 to $166.00 and gave the company an “outperform” rating in a research report on Wednesday, July 8th. Zacks Research cut shares of Palomar from a “strong-buy” rating to a “hold” rating in a report on Friday, May 15th. Finally, Evercore set a $152.00 price objective on shares of Palomar in a research report on Friday, July 10th. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, Palomar presently has a consensus rating of “Moderate Buy” and a consensus target price of $162.50.

Read Our Latest Stock Analysis on Palomar

Palomar Profile

(Free Report)

Palomar Holdings, Inc (NASDAQ: PLMR) is a specialty insurance holding company focused on providing medical stop-loss coverage and related administrative services to self-funded employer health plans in the United States. The firm operates through two primary business segments—Medical Stop-Loss and Specialty Program Management—to deliver tailored risk protection and comprehensive program administration.

In its Medical Stop-Loss segment, Palomar underwrites excess and aggregate stop-loss policies designed to shield self-insured employers from catastrophic medical claims that exceed pre-determined retention levels.