The Progressive Corporation $PGR Shares Sold by Aptus Capital Advisors LLC

14 Jun 2026, 03:28 by Teresa Graham · The Cerbat Gem

Aptus Capital Advisors LLC lowered its stake in The Progressive Corporation (NYSE:PGR – Free Report) by 12.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 197,961 shares of the insurance provider’s stock after selling 29,053 shares during the quarter. Aptus Capital Advisors LLC’s holdings in Progressive were worth $45,080,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of PGR. Norges Bank acquired a new position in Progressive in the fourth quarter valued at about $1,836,094,000. Capital International Investors lifted its position in Progressive by 78.9% in the third quarter. Capital International Investors now owns 13,704,197 shares of the insurance provider’s stock valued at $3,384,082,000 after buying an additional 6,045,732 shares during the last quarter. Capital Research Global Investors lifted its position in Progressive by 26.1% in the third quarter. Capital Research Global Investors now owns 11,167,940 shares of the insurance provider’s stock valued at $2,757,905,000 after buying an additional 2,314,864 shares during the last quarter. Life Cycle Investment Partners Ltd acquired a new position in Progressive in the fourth quarter valued at about $353,906,000. Finally, GQG Partners LLC lifted its position in shares of Progressive by 11.7% during the fourth quarter. GQG Partners LLC now owns 10,432,549 shares of the insurance provider’s stock worth $2,375,706,000 after purchasing an additional 1,092,151 shares in the last quarter. Institutional investors and hedge funds own 85.34% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on PGR shares. Roth Mkm set a $235.00 price target on shares of Progressive in a research report on Thursday, February 19th. The Goldman Sachs Group reissued a “buy” rating and set a $225.00 price target on shares of Progressive in a research report on Monday, February 23rd. Barclays set a $247.00 price target on shares of Progressive in a research report on Wednesday, March 18th. Argus raised shares of Progressive to a “hold” rating in a research report on Thursday, March 5th. Finally, Piper Sandler reissued an “overweight” rating and set a $259.00 price target on shares of Progressive in a research report on Monday, March 2nd. Six analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $238.11.

Read Our Latest Analysis on PGR

Insiders Place Their Bets

In other Progressive news, insider John Jo Murphy sold 5,916 shares of Progressive stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $200.00, for a total transaction of $1,183,200.00. Following the completion of the sale, the insider directly owned 41,290 shares of the company’s stock, valued at $8,258,000. The trade was a 12.53% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Carl G. Joyce sold 270 shares of Progressive stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $206.50, for a total value of $55,755.00. Following the sale, the chief accounting officer directly owned 558 shares of the company’s stock, valued at $115,227. This trade represents a 32.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 7,343 shares of company stock valued at $1,470,355 in the last ninety days. Insiders own 0.32% of the company’s stock.

Progressive Stock Up 0.3%

PGR stock opened at $202.86 on Friday. The company’s 50 day moving average price is $199.20 and its 200 day moving average price is $208.05. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.27 and a current ratio of 0.27. The Progressive Corporation has a fifty-two week low of $189.20 and a fifty-two week high of $269.84. The firm has a market capitalization of $118.54 billion, a price-to-earnings ratio of 10.31, a PEG ratio of 5.89 and a beta of 0.28.

Progressive (NYSE:PGR – Get Free Report) last released its earnings results on Wednesday, April 15th. The insurance provider reported $4.80 earnings per share for the quarter, topping analysts’ consensus estimates of $4.67 by $0.13. Progressive had a net margin of 12.92% and a return on equity of 33.47%. The firm had revenue of $22.19 billion for the quarter, compared to analyst estimates of $23.51 billion. During the same period in the prior year, the firm earned $4.37 earnings per share. The business’s quarterly revenue was up 6.5% compared to the same quarter last year. On average, equities research analysts anticipate that The Progressive Corporation will post 16.35 EPS for the current fiscal year.

Progressive Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Shareholders of record on Thursday, July 2nd will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Thursday, July 2nd. Progressive’s payout ratio is 2.03%.

Progressive Profile

(Free Report)

Progressive Corporation is a large U.S.-based property and casualty insurer that primarily underwrites personal auto insurance along with a broad suite of related products. Its offerings include coverage for private passenger automobiles, commercial auto fleets, motorcycles, boats and recreational vehicles, as well as homeowners, renters, umbrella and other specialty P&C products. Progressive also provides claims handling, risk management and related services to individual and commercial policyholders.