Progressive Corporation (PGR) Traded Down Despite Reporting Strong Earnings

3 days ago 5

Soumya Eswaran

Thu, January 8, 2026 astatine 6:54 AM CST 2 min read

Impax Asset Management, an concern absorption company, released its “Impax US Sustainable Economy Fund” third-quarter 2025 capitalist letter. A transcript of the missive tin beryllium downloaded here. In Q3 2025, the portfolio lagged down the Russell 1000. Similar to the 2nd quarter, the US equity markets favored a risk-on approach, benefiting high-risk, high-momentum, and lower-quality factors. Although the portfolio’s absorption connected comparatively modest, lower-risk, and high-quality factors contributed to the underperformance, the money (Institutional Class) returned 7.33% successful Q3 compared to 7.99% for the Index. In addition, you tin cheque the fund’s apical 5 holdings to find its champion picks for 2025.

In its third-quarter 2025 capitalist letter, Impax US Sustainable Economy Fund highlighted stocks specified arsenic The Progressive Corporation (NYSE:PGR). The Progressive Corporation (NYSE:PGR) is simply a US-based security company. The one-month instrumentality of The Progressive Corporation (NYSE:PGR) was -9.26%, and its shares mislaid 14.16% of their worth implicit the past 52 weeks. On January 7, 2026, The Progressive Corporation (NYSE:PGR) banal closed astatine $209.10 per share, with a marketplace capitalization of $122.574 billion.

Impax US Sustainable Economy Fund stated the pursuing regarding The Progressive Corporation (NYSE:PGR) successful its 3rd 4th 2025 capitalist letter:

"The Progressive Corporation (NYSE:PGR) (Financials, Property & Casualty Insurance) has a precocious Corporate Resilience Score and has a relation to play successful calculating the genuine outgo of clime alteration and diversifying clime risk, arsenic good arsenic providing entree to affordable insurance. Despite beardown net maturation the institution suffered from changing sentiment with analysts showing interest astir argumentation growth, rising contention and borderline compression successful car insurance."

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In another article, we covered The Progressive Corporation (NYSE:PGR) and shared the database of affordable stocks with bully net maturation for 2026. In addition, delight cheque retired our hedge money capitalist letters Q3 2025 page for much capitalist letters from hedge funds and different starring investors.