15 stories mentioning TRV
Every FINWIRES story that references TRV, newest first.
Travelers (TRV) has an average rating of hold and mean price target of $317.57, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
Travelers (TRV) has an average rating of hold and mean price target of $317.57, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
William H Heyman, Vice Chairman, on April 28, 2026, sold 1,557 shares in Travelers Companies (TRV) for $483,670. Following the Form 4 filing with the SEC, Heyman has control over a total of 263,819 common shares of the company, with 259,590 shares held directly and 4,229 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/86312/000008631226000120/xslF345X05/form4.xml
Travelers (TRV) has an average rating of hold and mean price target of $316.39, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $303.77, Change: $-6.26, Percent Change: -2.02%
Diane Kurtzman, Executive Vice President & Chief Human Resources Officer, on April 20, 2026, sold 2,867 shares in Travelers Companies (TRV) for $869,980. Following the Form 4 filing with the SEC, Kurtzman has control over a total of 5,298 common shares of the company, with 5,298 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/86312/000008631226000117/xslF345X05/form4.xml
Jeffrey P. Klenk, Executive Vice President and President, Bond & Specialty Insurance, on April 20, 2026, sold 6,414 shares in Travelers Companies (TRV) for $1,956,549. Following the Form 4 filing with the SEC, Klenk has control over a total of 6,075 common shares of the company, with 6,075 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/86312/000008631226000113/xslF345X05/form4.xml
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We maintain our 12-month target price of $315, valuing TRV shares at 11.4x our 2026 operating EPS estimate of $27.74 (raised by $2.09 on April 17) and at 11.2x our 2027 EPS estimate of $28.05 (raised by $0.40). Our target multiples assume TRV shares trade in line with the three-year average forward multiple of 11x and compare to the peer average of 12x. At current levels, we view the shares as fairly valued, versus peer and historical averages. We applaud TRV's risk management skills, and note the turnaround in Q1 underwriting profitability (a $1.17B profits versus a $305M year-ago loss) amid a 66% drop in catastrophes and improved favorable prior-year loss development trends. However, TRV's top-line growth has stalled amid a more competitive pricing environment, and Q1 operating revenues were flat, Y/Y, and net written premiums fell by 2%, Y/Y. We think the top-line erosion removes a catalyst from the shares.
Travelers (TRV) has an average rating of hold and mean price target of $310.78, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $301.64, Change: $+2.80, Percent Change: +0.94%
Travelers (TRV) has an average rating of hold and mean price target of $310.78, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $302.81, Change: $+4.13, Percent Change: +1.38%
Travelers (TRV) has an average rating of hold and mean price target of $310.78, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $302.81, Change: $+4.13, Percent Change: +1.38%
Financial stocks were advancing premarket Thursday, with the State Street Financial Select Sector SPDR ETF (XLF) up 0.1%.The Direxion Daily Financial Bull 3X Shares (FAS) was 0.4% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was down 0.1%.Charles Schwab (SCHW) shares were down more than 3% after the company reported higher Q1 adjusted earnings and net revenue, with net revenue missing analysts' expectations.U.S. Bancorp (USB) stock was down more than 1% even after the company posted higher Q1 earnings and revenue.Travelers (TRV) reported higher Q1 core income and revenue. Travelers shares were down more than 1% pre-bell.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:The Travelers Companies Inc. (TRV) posted Q1 2026 operating EPS of $7.71 versus $1.91 a year ago, significantly topping our $5.42 estimate and the $7.08 consensus view, aided by catastrophe losses falling over 45% to $761M (pretax) from $2.27B. The Q1 combined ratio improved to 88.6% from 102.5%, while $413M in favorable prior-year loss development reflected across-the-board improvement in all segments. We view TRV's $1.5B technology investments and January partnership with Anthropic to expand AI capabilities positively, as the insurance industry typically lags in tech adoption. TRV noted these AI investments are positioned to generate productivity gains and competitive advantages. However, Q1 operating revenue growth was flat versus our 3%-6% forecast, while written premiums fell nearly 2%. We believe the erosion in top-line results removes a catalyst from the shares, as investors focus on production trends to gauge property-casualty market health after several years of strong pricing.
The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.1%, and the actively traded Invesco QQQ Trust (QQQ) was 0.2% higher in Thursday's premarket activity amid incoming economic data releases.US stock futures were also edging higher, with S&P 500 Index futures up 0.1%, Dow Jones Industrial Average futures advancing 0.1%, and Nasdaq futures gaining 0.2% before the start of regular trading.US initial jobless claims came in at 207,000, compared with expectations of 213,000 and a prior reading of 218,000.The New York Fed's regional services index for April was negative 14.0, versus expectations of negative 20.0 and a prior reading of negative 22.6.The Philadelphia Fed's regional manufacturing index for April rose to 26.7, above expectations of 10.0 and a prior reading of 18.1.The industrial production data for March will be released at 9:15 am ET, followed by the weekly natural gas data at 10:30 am ET.Fed Governor Stephen Miran is slated to speak on Thursday.In premarket activity, bitcoin was down by 1%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 0.8% lower, Ether ETF (EETH) retreated by 2.1%, and Bitcoin & Ether Market Cap Weight ETF (BETH) was flat.Power Play:Health CareThe State Street Health Care Select Sector SPDR ETF (XLV) advanced 0.01%, the Vanguard Health Care Index Fund (VHT) was up 0.7%, while the iShares US Healthcare ETF (IYH) was inactive. The iShares Biotechnology ETF (IBB) slipped 0.1%.Hims & Hers Health (HIMS) stock was up more than 9% premarket after US Health and Human Services Secretary Robert Kennedy Jr. signaled plans to ease restrictions on certain peptides.Winners and Losers:ConsumerThe State Street Consumer Staples Select Sector SPDR ETF (XLP) was up 0.1%, and the Vanguard Consumer Staples Index Fund ETF Shares (VDC) was flat. The iShares US Consumer Staples ETF (IYK) was flat. The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) gained 0.1%. The VanEck Retail ETF (RTH) and the State Street SPDR S&P Retail ETF (XRT) were inactive.Alibaba (BABA) shares were up more than 3% pre-bell after Bloomberg reported the retailer has launched a new AI model that creates 3D environments and interactive videos, expanding into gaming and content to compete more directly with Tencent.TechnologyThe State Street Technology Select Sector SPDR ETF (XLK) advanced 0.4%, and the iShares US Technology ETF (IYW) was 0.1% higher, while the iShares Expanded Tech Sector ETF (IGM) was up 1.2%. Among semiconductor ETFs, the State Street SPDR S&P Semiconductor ETF (XSD) gained 0.6%, while the iShares Semiconductor ETF (SOXX) declined by 0.5%.Taiwan Semiconductor Manufacturing (TSM) shares were down more than 1% in Thursday's premarket activity even after the company reported higher Q1 earnings and net revenue.EnergyThe iShares US Energy ETF (IYE) was down 0.02% while the State Street Energy Select Sector SPDR ETF (XLE) was up by 0.02%.TotalEnergies (TTE) stock was up more than 1% before Thursday's opening bell after the company said that Q1 exploration and production results are expected to rise significantly, supported by higher oil prices and contributions from new projects.FinancialThe State Street Financial Select Sector SPDR ETF (XLF) advanced 0.02%. Direxion Daily Financial Bull 3X Shares (FAS) was up 0.1%, while its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), was 0.02% higher.Travelers (TRV) shares were down more than 1% pre-bell after the company's Q1 revenue trailed the estimates of analysts polled by FactSet.IndustrialThe State Street Industrial Select Sector SPDR ETF (XLI) advanced 0.3%, while the Vanguard Industrials Index Fund (VIS) retreated 0.3% and the iShares US Industrials ETF (IYJ) was inactive.Willdan Group (WLDN) stock was up more than 1% before the opening bell after the company was awarded a $27 million, three-year contract with the New York City Mayor's Office of Climate & Environmental Justice to redesign and implement the NYC Accelerator program.CommoditiesFront-month US West Texas Intermediate crude oil gained by 0.2% to reach $91.45 per barrel on the New York Mercantile Exchange. Natural gas retreated by 0.2% to $2.61 per 1 million British Thermal Units. The United States Oil Fund (USO) increased by 0.8%, while the United States Natural Gas Fund (UNG) was 0.5% higher.Gold futures for May were up by 0.3% at $4,840.00 an ounce on the Comex. Silver futures gained by 0.1% to reach $79.68 an ounce. SPDR Gold Shares (GLD) was 0.4% higher, and the iShares Silver Trust (SLV) advanced by 0.3%.
A total of 12% of global oil volumes are offline as of Apr. 10, as attacks on regional oil and gas infrastructure continued even after the ceasefire, Stephen Gordon, managing director at Clarksons Research, told.Stalled US-Iran talks over the weekend have resulted in a US blockade of vessels heading to and from Iranian ports, effective from 10 a.m. ET Monday. This has injected fresh uncertainty into a strait where tanker traffic has remained a fraction of pre-conflict levels.Strait of Hormuz transits registered a "small-scale increase" in recent days with 16 transits recorded on Sunday, bringing the post-ceasefire average to 13 per day, Gordon said. This is up from the daily average of 11 in the week before the ceasefire and seven in March.That compares with around 125 tanker transits per day pre-conflict, according to Clarkson's Research data.Sunday also saw nine westbound transits, representing vessels entering the Gulf, the highest daily inbound total since the conflict began. These transits accounted for 56% of the day's traffic, compared with a March average of 35%, according to the data.Sunday's transits included two inbound crude tankers, one of them en route to load in Iraq and a Pakistan-linked Aframax crude carrier. Also in the traffic were two product tankers, six bulk carriers, three feeder containerships, two chemical tankers, and a liquefied petroleum gas carrier.On Saturday, three very large crude carriers exited the Gulf carrying about 6 million barrels of Iraqi and Saudi crude, with a total cargo value of about $750 million. That compares with roughly 2 million barrels and $190 million on a typical day in March, and 15 million barrels and $1.05 billion on a typical day in 2025.Shipowners remain reluctant to transit the strait. "Crude tankers in the Gulf recorded as traveling at a steaming speed 8% of the time over the past three days [as of April 10], up from 4% across the past month but still well down from 32% across Jan-Feb with most owners reportedly still reluctant to transit," Gordon said.Gordon highlighted how strikes on oil and gas infrastructure, such as the East-West pipeline, have prompted importers to seek alternative barrels."The 'scramble' to source alternative supplies continues, with Yanbu crude loadings easing slightly to 4 million barrels per day... while US crude exports are poised to exceed 5 [mmbbl/d] in the coming weeks," Gordon said.The East-West pipeline has been restored to a maximum capacity of 7 mmbbl/d over the weekend, with crude loadings out of Yanbu estimated to have averaged 4 mmbbl/d across the past week, up by about 3 mmbbl/d since the start of March, according to Clarksons Research data.Gordon noted the potential for further strategic stock releases in the coming weeks if Hormuz traffic remains limited, with Japan announcing a second draw on Friday."While the Japanese release is likely to be used domestically, draws of US oil would likely result in further long-haul tanker demand," he said.Additionally, the cost of moving a barrel of crude has eased slightly in the past few days, but remains "very elevated," Gordon said.On Iran's decision to impose a $2 million transit fee on VLCCs, Peter Sand, chief analyst at Xeneta, explained that VLCCs typically carry about 2 million barrels of crude oil, making this effectively a $1 per barrel fee, which Sand described as "insignificant" relative to overall crude price volatility.Sand expressed skepticism about whether the US Development Finance Corp.'s reinsurance program would meaningfully restore Hormuz traffic. "The problem is that the threat is real right now as the war rages on. It's not 'just' a war risk cover anymore," he said, adding that the framework makes no real-world difference under current circumstances.The Iranian transit fees are illegal under the UN Convention on the Law of the Sea, also known as UNCLOS, and no ship operator is likely to pay them, Sand toldin an emailed response.Cormac McGarry, director of maritime security at Control Risks, said shipowners' hesitation goes beyond financial calculation."Plenty of them [shipowners] would happily sacrifice $2 million to get a ship out of the Gulf right now, but very few are willing to pay that to Iran because the fear of sanctions enforcement is greater," McGarry said.Both analysts were dismissive of the US Development Corp. reinsurance program as a solution.The US DFC has been empowered to cover $40 billion in maritime reinsurance on a rolling basis. Earlier this month, alongside Chubb (CB) as lead underwriter, the DFC announced additional underwriters, including Travelers (TRV) and Berkshire Hathaway (BKR.A), among others."The DFC plan is not really filling any gap at all and seems to fundamentally misunderstand the marine war risk market," McGarry said."We are way beyond that," Sand said, adding that the DFC makes no real-world difference under current circumstances.Before the conflict, 20% of global oil supply passed through the Strait of Hormuz, Gordon said. This figure includes 37% of seaborne crude oil trade and 19% of seaborne products trade.A total of 19% of global LNG trade, representing about 3% of global natural gas supply, also passed through the Strait, alongside 28% of global LPG volumes, which account for about 10% of supply.Price: $327.09, Change: $-2.89, Percent Change: -0.88%
Travelers (TRV) has an average rating of hold and mean price target of $309.83, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $300.87, Change: $-0.44, Percent Change: -0.15%