Invesco Ltd. Acquires 10,954 Shares of International General Insurance Holdings Ltd. $IGIC

Market Beat
2025.09.03 07:38
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Invesco Ltd. increased its stake in International General Insurance Holdings Ltd. by 33.6% in Q1, acquiring an additional 10,954 shares, bringing its total to 43,599 shares valued at approximately $1.15 million. Other institutional investors also adjusted their holdings. The company reported Q2 earnings of $0.51 per share, missing estimates, and announced a quarterly dividend of $0.05 per share, with a yield of 0.8%.

Invesco Ltd. grew its holdings in International General Insurance Holdings Ltd. (NASDAQ:IGIC - Free Report) by 33.6% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 43,599 shares of the company's stock after purchasing an additional 10,954 shares during the quarter. Invesco Ltd. owned approximately 0.10% of International General Insurance worth $1,147,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. CWA Asset Management Group LLC bought a new stake in shares of International General Insurance in the 1st quarter valued at about $1,112,000. Diamond Hill Capital Management Inc. raised its holdings in shares of International General Insurance by 16.1% in the 1st quarter. Diamond Hill Capital Management Inc. now owns 221,271 shares of the company's stock valued at $5,822,000 after purchasing an additional 30,708 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of International General Insurance in the 4th quarter valued at about $382,000. Northern Trust Corp bought a new stake in shares of International General Insurance in the 4th quarter valued at about $409,000. Finally, Royce & Associates LP raised its holdings in shares of International General Insurance by 10.1% in the 1st quarter. Royce & Associates LP now owns 2,636,063 shares of the company's stock valued at $69,355,000 after purchasing an additional 242,104 shares in the last quarter. Institutional investors own 54.24% of the company's stock.

International General Insurance Stock Performance

NASDAQ:IGIC opened at $24.14 on Tuesday. International General Insurance Holdings Ltd. has a one year low of $17.06 and a one year high of $27.76. The firm has a market cap of $1.08 billion, a P/E ratio of 8.75 and a beta of 0.26. The firm has a 50-day simple moving average of $23.95 and a 200-day simple moving average of $24.27.

International General Insurance (NASDAQ:IGIC - Get Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The company reported $0.51 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.55 by ($0.04). The firm had revenue of $132.90 million during the quarter, compared to analysts' expectations of $140.40 million. International General Insurance had a return on equity of 17.40% and a net margin of 23.52%. On average, research analysts predict that International General Insurance Holdings Ltd. will post 3.18 EPS for the current fiscal year.

International General Insurance Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 16th. Investors of record on Monday, September 1st will be paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Friday, August 29th. International General Insurance's payout ratio is 7.25%.

International General Insurance Profile

(Free Report)

International General Insurance Holdings Ltd. engages in the provision of specialty insurance and reinsurance solutions worldwide. The company operates through three segments: Specialty Long-tail, Specialty Short-tail, and Reinsurance. It is involved in underwriting a portfolio of specialty risks, including energy, property, construction and engineering, ports and terminals, general aviation, political violence, professional lines, financial institutions, motor, marine liability, contingency, marine, treaty, and casualty insurance and reinsurance.

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