International Assets Investment Management LLC Acquires 18,809 Shares of The Progressive Corporation $PGR

02 Nov 2026, 12:17 by Kim Johansen · The Markets Daily

International Assets Investment Management LLC lifted its holdings in shares of The Progressive Corporation (NYSE:PGR – Free Report) by 329.3% during the 3rd quarter, Holdings Channel reports. The firm owned 24,521 shares of the insurance provider’s stock after purchasing an additional 18,809 shares during the period. International Assets Investment Management LLC’s holdings in Progressive were worth $5,083,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Glenview Trust Co increased its stake in Progressive by 5.0% during the 3rd quarter. Glenview Trust Co now owns 21,323 shares of the insurance provider’s stock worth $4,420,000 after acquiring an additional 1,017 shares during the period. Soltis Investment Advisors LLC raised its holdings in Progressive by 461.9% in the 3rd quarter. Soltis Investment Advisors LLC now owns 14,515 shares of the insurance provider’s stock valued at $3,009,000 after acquiring an additional 11,932 shares in the last quarter. Founders Financial Securities LLC lifted its position in shares of Progressive by 5.0% during the 3rd quarter. Founders Financial Securities LLC now owns 4,236 shares of the insurance provider’s stock valued at $878,000 after acquiring an additional 200 shares during the period. Everett Harris & Co. CA lifted its position in shares of Progressive by 0.7% during the 3rd quarter. Everett Harris & Co. CA now owns 204,067 shares of the insurance provider’s stock valued at $42,305,000 after acquiring an additional 1,426 shares during the period. Finally, United Asset Strategies Inc. bought a new stake in shares of Progressive during the 3rd quarter valued at $1,689,000. 85.34% of the stock is owned by institutional investors.

Insider Buying and Selling at Progressive

In related news, insider Steven Broz sold 1,225 shares of the company’s stock in a transaction on Thursday, October 22nd. The stock was sold at an average price of $223.32, for a total transaction of $273,567.00. Following the completion of the sale, the insider directly owned 28,807 shares in the company, valued at $6,433,179.24. This represents a 4.08% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Lori A. Niederst sold 7,339 shares of the company’s stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $209.29, for a total value of $1,535,979.31. Following the sale, the insider owned 42,567 shares of the company’s stock, valued at approximately $8,908,847.43. This represents a 14.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 48,352 shares of company stock valued at $10,524,258. 0.32% of the stock is currently owned by corporate insiders.

Progressive Stock Performance

Shares of NYSE:PGR opened at $231.20 on Monday. The company’s 50 day simple moving average is $217.64 and its 200 day simple moving average is $209.28. The stock has a market capitalization of $134.41 billion, a price-to-earnings ratio of 11.64, a price-to-earnings-growth ratio of 2.67 and a beta of 0.25. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.31 and a quick ratio of 0.29. The Progressive Corporation has a 1 year low of $189.20 and a 1 year high of $239.38.

Progressive Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 9th. Shareholders of record on Thursday, October 1st were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Thursday, October 1st. Progressive’s dividend payout ratio (DPR) is currently 2.01%.

Analyst Ratings Changes

Several analysts have recently issued reports on PGR shares. William Blair reissued a “market perform” rating on shares of Progressive in a report on Wednesday, July 15th. Keefe, Bruyette & Woods dropped their price target on Progressive from $252.00 to $246.00 and set an “outperform” rating for the company in a research note on Thursday, October 15th. HSBC reaffirmed a “hold” rating and issued a $216.00 price target (down from $221.00) on shares of Progressive in a research note on Wednesday, October 7th. UBS Group reaffirmed a “neutral” rating and set a $238.00 price objective on shares of Progressive in a research report on Monday, October 19th. Finally, Weiss Ratings upgraded shares of Progressive from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, October 8th. Nine investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $234.45.

Get Our Latest Stock Analysis on Progressive

Progressive Profile

(Free Report)

Progressive Corporation is an insurance holding company headquartered in Mayfield Village, Ohio. Founded in 1937, the company provides insurance products primarily to consumers and businesses in the United States. Progressive distributes its products directly through its website, mobile channels and call centers, as well as through independent agents and brokers.