ClearBridge Dividend Strategy Sold The Travelers Companies (TRV) in Q3

ClearBridge Investments, an investment management company, released its “ClearBridge Dividend Strategy” third-quarter 2025 investor letter. A copy of the letter can be downloaded here. The third quarter showed strong performance for the stock market and ClearBridge Dividend Strategy. Although the strategy lagged its S&P 500 Index benchmark in the quarter, it gained from its exposure to AI. In addition, please check the fund’s top five holdings to know its best picks in 2025.

In its third-quarter 2025 investor letter, ClearBridge Dividend Strategy highlighted stocks such as The Travelers Companies, Inc. (NYSE:TRV). The Travelers Companies, Inc. (NYSE:TRV) is an insurance company that offers a range of commercial and personal property and casualty insurance products and services. The one-month return of The Travelers Companies, Inc. (NYSE:TRV) was 4.64%, and its shares gained 23.11% of their value over the last 52 weeks. On October 7, 2025, The Travelers Companies, Inc. (NYSE:TRV) stock closed at $284.97 per share, with a market capitalization of $64.156 billion.

ClearBridge Dividend Strategy stated the following regarding The Travelers Companies, Inc. (NYSE:TRV) in its third quarter 2025 investor letter:

“We funded a portion of the purchase by trimming The Travelers Companies, Inc. (NYSE:TRV), managing our overall insurance-related exposure. Travelers remains a terrific insurance company and a core holding, but the valuation on a price-to-book ratio has become less favorable as the stock has run.”

Is The Travelers Companies, Inc. (TRV) the Best Dow Stock?

The Travelers Companies, Inc. (NYSE:TRV) is not on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 42 hedge fund portfolios held The Travelers Companies, Inc. (NYSE:TRV) at the end of the second quarter, compared to 51 in the previous quarter.  While we acknowledge the risk and potential of The Travelers Companies, Inc. (NYSE:TRV) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than The Travelers Companies, Inc. (NYSE:TRV) and that has 10,000% upside potential, check out our report about this cheapest AI stock.

In another article, we covered The Travelers Companies, Inc. (NYSE:TRV) and shared the list of best cash-rich stocks that pay dividends. In addition, please check out our hedge fund investor letters Q3 2025 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.