10 Best Low Volatility Investments in December 2025

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4. The Progressive Corporation (NYSE:PGR)

Beta Value: 0.37

Dividend Yield: 0.17%

Number of Hedge Fund Holders: 84

The Progressive Corporation (NYSE:PGR) ranks among the Best Low Volatility Investments in December 2025. BMO Capital maintained its Market Perform rating on The Progressive Corporation (NYSE:PGR) on November 21 and increased its price target to $260 from $247. The boost coincides with the firm’s prediction that Progressive will keep repurchasing shares in the “low billions” through 2026 if the stock’s price-to-earnings multiple remains below 15 times.

This lined up with Progressive’s October earnings per share release, which exceeded forecasts due to better reserve development and reduced catastrophe losses. Although the company’s underlying loss ratio grew sequentially to 68.8%, up 1.7 percentage points month-over-month, it also incurred $73 million in policyholder credit costs in Florida during the month, considerably lower than the $950 million registered in the prior month.

BMO Capital states that The Progressive Corporation (NYSE:PGR) is currently holding almost $7 billion in excess capital. According to the firm, should Progressive issue debt to raise its financial leverage closer to desired levels, it might make an extra $2–3 billion.

The Progressive Corporation (NYSE:PGR) is an insurance holding company that provides residential property insurance, personal and commercial auto insurance, and other specialty property-casualty insurance and related services.

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