ProgressivePGR
About: Progressive underwrites private and commercial auto insurance and specialty lines; it has almost 24 million personal auto policies in force and is one of the largest auto insurers in the United States. Progressive markets its policies through independent insurance agencies in the US and Canada and directly via the internet and telephone. Its premiums are split roughly equally between the agent and the direct channel. The company also offers commercial auto policies and entered homeowners insurance through an acquisition in 2015.
Employees: 66,300
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
72% more first-time investments, than exits
New positions opened: 199 | Existing positions closed: 116
49% more call options, than puts
Call options by funds: $521M | Put options by funds: $349M
19% more repeat investments, than reductions
Existing positions increased: 768 | Existing positions reduced: 644
2% more funds holding
Funds holding: 1,822 [Q1] → 1,862 (+40) [Q2]
0.74% more ownership
Funds ownership: 84.89% [Q1] → 85.63% (+0.74%) [Q2]
5% less capital invested
Capital invested by funds: $141B [Q1] → $134B (-$7.1B) [Q2]
20% less funds holding in top 10
Funds holding in top 10: 96 [Q1] → 77 (-19) [Q2]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
Morgan Stanley Bob Huang | 9%upside $267 | Equal-Weight Maintained | 22 Aug 2025 |
Wells Fargo Elyse Greenspan | 33%upside $327 | Overweight Maintained | 21 Aug 2025 |
BMO Capital Michael Zaremski | 13%upside $279 | Outperform Maintained | 21 Aug 2025 |
Barclays Alex Scott | 14%upside $281 | Equal-Weight Maintained | 19 Aug 2025 |
Citigroup Matthew Heimermann | 27%upside $312 | Buy Initiated | 13 Aug 2025 |
Financial journalist opinion
Based on 29 articles about PGR published over the past 30 days
