Cincinnati financial director Schiff sells $537k in shares

Published 19/08/2025, 20:26
Cincinnati financial director Schiff sells $537k in shares

Director Charles Odell Schiff of Cincinnati Financial Corp (NASDAQ:CINF), a $23.75 billion market cap insurance company with a strong dividend yield of 2.32%, sold 3,500 shares of common stock on August 15, 2025, at a price of $153.5441, totaling $537404. According to InvestingPro, the company has maintained dividend payments for an impressive 53 consecutive years, demonstrating consistent shareholder returns.

Following the transaction, Schiff directly owns 745734 shares of Cincinnati Financial Corp. Schiff also indirectly owns 181055 shares by charitable foundation, 65715.528 shares by children, 147561.035 shares by Grandchildren’s Irrevocable Trust and 29513 shares by spouse. The stock currently trades at a P/E ratio of 13.05, and InvestingPro analysis shows the company maintains a GREAT financial health score, with 8 additional key insights available to subscribers.

In other recent news, Cincinnati Financial Corporation reported robust second-quarter 2025 earnings, significantly surpassing analyst expectations. The company’s earnings per share came in at $1.97, outperforming the projected $1.41 by 39.72%. Revenue also exceeded forecasts, reaching $3.25 billion compared to the anticipated $2.53 billion, marking a surprise of 28.46%. In response to these results, Keefe, Bruyette & Woods adjusted their price target for Cincinnati Financial to $168.00, up from $167.00, while maintaining an Outperform rating. This new target is based on 180% of the firm’s estimated book value per share for year-end 2025. These developments highlight the strong financial performance and positive outlook for Cincinnati Financial.

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