Accurate Wealth Management 13F: Cuts PGR Stake by $940K

Accurate Wealth Management cut its stake in The Progressive Corporation (NYSE:PGR) by 64.9% during the quarter, according to a Form 13F filing on October 20, 2026. The firm sold 4,215 shares, leaving it with 2,276 shares valued at about $507,346.

PGR The Progressive Corporation

$219.11 ▲ +3.45% year to date

1M 3M YTD

Daily close · Oct 19, 2026

What Changed in Accurate Wealth Management's The Progressive Position

The fund reduced its holdings significantly, cutting down from a prior level of 6,491 shares. The remaining stake reflects a smaller commitment to the property and casualty insurer as institutional investors adjust portfolios.

Other Institutional Activity in The Progressive

Other large funds made notable adjustments to their holdings in the insurer around the same reporting cycle. Brandes Investment Partners grew its holdings by 266,412 shares, ending with 868,688 shares worth about $189.8 million. Y-Intercept completely exited its position by selling 67,696 shares. Barrow Hanley Mewhinney & Strauss reported a stake of 1,334,140 shares valued at approximately $291.4 million.

The Progressive Corporation Stock Up 3.4%

The stock recently traded around $221.09, up about 0.9% compared to its close of $219.11 on October 19, 2026.

Recent Earnings

The firm generated $91.7 billion in trailing revenue with earnings of $19.85 per share. Its net profit margin stands at 12.7% alongside a return on equity of 33.2%. The next earnings report is scheduled for January 27, 2027.

Dividend

The company pays an annual dividend rate of $0.40 per share, with a payout ratio of 69.7%.

Insider Buying and Selling at The Progressive Corporation

Company insiders completed several stock transactions ahead of the filing. On August 13, 2026, officer Lori A. Niederst sold 7,339 shares at an average price of $209.29 for a total value of about $1.5 million. Chief Technology Officer Steven Broz sold 1,225 shares on August 20, 2026, at $219.40 per share, worth roughly $268,765. Chief Executive Officer Susan Patricia Griffith sold 37,338 shares on September 1, 2026, at $219.50 per share for a total of about $8.2 million. Later, Steven Broz sold another 1,225 shares on September 24, 2026, at $204.29 per share, totaling about $250,255.

Analysts Set New Price Targets

Wall Street firms updated their outlooks on the insurer during the period. On September 18, 2026, Keefe, Bruyette & Woods reiterated an Outperform rating with a $250.00 price target. JP Morgan maintained a Neutral rating on October 5, 2026, raising its target to $250.00 from $241.00. Barclays maintained an Overweight rating on October 7, 2026, lifting its target to $247.00. Wells Fargo maintained an Underweight rating on October 15, 2026, lowering its target to $196.00. Finally, Keefe, Bruyette & Woods maintained an Outperform rating on October 15, 2026, adjusting its target to $246.00.

About The Progressive Corporation

Based in Mayfield, Ohio, The Progressive Corporation provides personal auto insurance, special lines coverage for motorcycles and RVs, and residential property policies for homeowners and renters across the United States.

Bottom Line

Investors will watch the next earnings report on January 27, 2027, for updates on underwriting margins and policy growth. Institutional and insider filing trends will continue to draw attention as market conditions shift.