These Analysts Increase Their Forecasts On Travelers Following Upbeat Q3 Results

Core Insights - Travelers Companies, Inc. reported better-than-expected third-quarter FY25 earnings with sales rising 5% year over year to $12.47 billion, surpassing analyst consensus estimates of $11.81 billion [1] - The adjusted EPS was $8.14, significantly beating the street view of $6.29 [1] Financial Performance - The trailing twelve-month core return on equity was 18.7%, indicating superior underwriting performance and competitive advantages in the marketplace [2] - The company has a robust investment portfolio exceeding $100 billion, contributing to its financial performance [2] Stock Performance - Following the earnings announcement, Travelers shares gained 0.4%, trading at $262.70 [2] - Analysts have adjusted their price targets for Travelers, reflecting the positive earnings results [2] Analyst Ratings - Wells Fargo analyst Elyse Greenspan maintained an Equal-Weight rating on Travelers and raised the price target from $291 to $294 [4] - Piper Sandler analyst Paul Newsome maintained an Overweight rating and increased the price target from $320 to $325 [4]