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Palmer Knight Co Invests in The Travelers Companies Inc (TRV)

Guavy AI Editorial Team
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TRV
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The Travelers Companies Inc (TRV) has been favored by investors. Palmer Knight Co purchased 30,242 shares of TRV stock worth approximately $9.98 million during the second quarter. The investment firm now holds about 3.8% of its portfolio in TRV.

Travelers' earnings beat expectations, reporting a net margin of 16.95% and a return on equity of 25.41%. Analysts expect TRV to post $33.82 EPS for the current year.

The company has announced a quarterly dividend of $1.25 per share, payable on September 30th to investors of record as of September 10th.

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