5 Best Performing Dow Stocks in 2022

3. The Travelers Companies, Inc. (NYSE:TRV)

YTD Total Return as of December 25, 2022: 23.71%

Number of Hedge Fund Holders: 37

Headquartered in New York City, The Travelers Companies, Inc. (NYSE:TRV) is one of the largest property and casualty insurance companies in the United States. It offers a wide range of insurance products, including personal, business, and financial insurance, as well as risk management services. The Travelers Companies, Inc. (NYSE:TRV)’s business is organized into three main segments: Business and International Insurance, Bond and Specialty Insurance, and Personal Insurance.

On October 20, 2022, C. Gregory Peters, an analyst at Raymond James, increased his price target on The Travelers Companies, Inc. (NYSE:TRV) to $200 after the company reported better-than-estimated results for Q3 2022. The analyst currently keeps a Strong Buy rating on the company’s stock.

37 hedge funds were long on the company’s stock at the end of the third quarter, according to Insider Monkey’s database. First Eagle Investment Management had the biggest long position in the company at the end of Q3 2022.