Parnassus Investments Thinks The Progressive Corp. (PGR) “Remains Well Positioned to Outperform Peers”

Parnassus Investments, an investment management company focusing on possessing a large CAP portfolio in the United States, has released the investor’s speech in the second quarter of the age of Parnassus. The full message is available for downloading here. For the second quarter of 2025, the fund reported 7.24 % net, outperforming its index, Russssell 1000, which returned 3.79 % for the same period. The 5 best holdings of the fund were also included in the letter, showing the main investment positions of the company heading to 2025.

One of the companies mentioned in the letter is the progressive company (NYSE: PGR). The Progressive Corporation (NYSE: PGR) writes personal car insurance and private lines products, including motorcycles, RVS, and Watercraft; And insurance on the personal residential property of homeowners and tenants. Over the course of last month, the progressive company (NYSE: PGR) decreased by -141.561 %, but increased by 12.78 % over the past 12 months. On July 29, 2025, the shares of the progressive company (NYSE: PGR) closed at $ 241.49, with a market value of 141.561 billion dollars.

Here is what they say about the progressive company (NYSE: PGR) in their investor message:

“Progressive Foundation (NYSE: PGR) Performed with slowdown in policies. Investors also arose about the impact of definitions on costs. The company remains in a good position to outperform its peers in the long run, given its scale. “

Parnassus Investments believes Progressive Corp (PGR) “still in good position for peer superiority”

Progressive Corporation (NYSE: PGR) ranked thirtieth in our list of the most popular stocks among hedge boxes. According to our data,

91 Governor of hedge funds held positions in the Progressive Corporation (NYSE: PGR) at the end of the first quarter of 2025, below

100 in the previous quarter. While we acknowledge the PGR capabilities as an investment, we believe that some of the artificial intelligence shares provide greater potential in the upward direction and carry less risks on the downside. If you are looking for a stock of artificial intelligence with less than very apprecia The best inventory of artificial intelligence in the short term.

Progressive Corporation (NYSE: PGR) ranked thirtieth in our list of the most popular stocks among hedge boxes. According to our data,

91 Governor of hedge funds held positions in the Progressive Corporation (NYSE: PGR) at the end of the first quarter of 2025, below

100 in the previous quarter. Although we recognize the dangers and capabilities of PGR as an investment, our condemnation lies in the belief that some artificial intelligence shares have a greater promise to provide higher returns and do so in a shorter time frame. If you are looking for a more promising artificial intelligence stock of PGR and has 10,000 % higher capabilities, check our report on this The cheapest inventory of artificial intelligence.