The Progressive Corporation (<a>NYSE:PGR</a> – <a>Free Report</a>) – Research analysts at William Blair upped their Q2 2025 earnings per share estimates for Progressive in a note issued to investors on Wednesday, June 18th. William Blair analyst A. Klauber now forecasts that the insurance provider will post earnings of $4.36 per share for the quarter, up from their previous estimate of $3.96. The consensus estimate for Progressive’s current full-year earnings is $14.68 per share. William Blair also issued estimates for Progressive’s FY2025 earnings at $16.84 EPS. \n\nPGR has been the topic of several other research reports. UBS Group upped their price target on shares of Progressive from $285.00 to $291.00 and gave the stock a “neutral” rating in a report on Wednesday, May 28th. Keefe, Bruyette &amp; Woods restated a “market perform” rating and issued a $288.00 target price on shares of Progressive in a research note on Thursday, April 17th. Barclays lifted their price target on Progressive from $285.00 to $297.00 and gave the company an “equal weight” rating in a research report on Friday, April 11th. Wells Fargo &amp; Company raised their target price on shares of Progressive from $324.00 to $328.00 and gave the company an “overweight” rating in a research note on Wednesday, May 7th. Finally, BMO Capital Markets boosted their price target on Progressive from $282.00 to $288.00 and gave the stock an “outperform” rating in a research note on Thursday, April 17th. Eight research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $288.59.\n\nProgressive (<a>NYSE:PGR</a> – <a>Get Free Report</a>) last announced its quarterly earnings results on Wednesday, April 16th. The insurance provider reported $4.65 earnings per share for the quarter, beating the consensus estimate of $4.28 by $0.37. Progressive had a return on equity of 33.50% and a net margin of 11.10%. The firm had revenue of $22.21 billion for the quarter, compared to analysts’ expectations of $21.87 billion. \n\nSeveral hedge funds and other institutional investors have recently modified their holdings of the stock. Integrated Advisors Network LLC boosted its position in shares of Progressive by 1.0% during the first quarter. Integrated Advisors Network LLC now owns 3,808 shares of the insurance provider’s stock valued at $1,078,000 after purchasing an additional 36 shares in the last quarter. Rise Advisors LLC boosted its stake in Progressive by 7.4% during the first quarter. Rise Advisors LLC now owns 521 shares of the insurance provider’s stock worth $147,000 after acquiring an additional 36 shares in the last quarter. Pines Wealth Management LLC grew its holdings in Progressive by 3.0% in the first quarter. Pines Wealth Management LLC now owns 1,287 shares of the insurance provider’s stock worth $335,000 after purchasing an additional 37 shares during the period. Contravisory Investment Management Inc. increased its stake in shares of Progressive by 2.0% during the first quarter. Contravisory Investment Management Inc. now owns 1,940 shares of the insurance provider’s stock valued at $549,000 after purchasing an additional 38 shares in the last quarter. Finally, Beacon Financial Group lifted its holdings in shares of Progressive by 1.1% during the first quarter. Beacon Financial Group now owns 3,659 shares of the insurance provider’s stock valued at $1,036,000 after purchasing an additional 39 shares during the last quarter. Hedge funds and other institutional investors own 85.34% of the company’s stock. \n\nIn related news, insider <a>Steven Broz</a> sold 1,267 shares of the business’s stock in a transaction dated Friday, May 23rd. The stock was sold at an average price of $277.81, for a total transaction of $351,985.27. Following the transaction, the insider now owns 28,888 shares in the company, valued at $8,025,375.28. The trade was a 4.20% decrease in their position. The sale was disclosed in a document filed with the Securities &amp; Exchange Commission, which is available at <a>this link</a>. Also, CFO <a>John P. Sauerland</a> sold 10,000 shares of Progressive stock in a transaction on Friday, March 28th. The shares were sold at an average price of $275.94, for a total transaction of $2,759,400.00. Following the completion of the sale, the chief financial officer now owns 258,024 shares in the company, valued at approximately $71,199,142.56. This trade represents a 3.73% decrease in their position. The disclosure for this sale can be found <a>here</a>. Over the last quarter, insiders have sold 34,157 shares of company stock worth $9,352,400. 0.34% of the stock is currently owned by company insiders. \n\nThe Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, business related general liability, and other specialty property-casualty insurance products and related services in the United States. It operates in three segments: Personal Lines, Commercial Lines, and Property.

Q2 Earnings Forecast for Progressive Issued By William Blair

William Blair raised its Q2 2025 earnings per share (EPS) forecast for Progressive from $3.96 to $4.36, while other analysts adjusted price targets and ratings for the insurance provider. Progressive reported Q2 2025 earnings of $4.65 per share, exceeding analyst estimates. Insider transactions, including sales by Steven Broz and John P. Sauerland, were also disclosed.