The Implied Analyst 12-Month Target For VYM
Vanguard High Dividend Yield ETF Analysis: The Vanguard High Dividend Yield ETF (VYM) has an implied analyst target price of $142.06, indicating a potential upside of 10.11% from its current trading price of $129.02.
Notable Holdings with Upside Potential: Key holdings within VYM, such as Nomad Foods Ltd, First Bancorp, and Employers Holdings Inc, show significant upside potential based on analyst target prices, raising questions about the validity of these targets amidst market conditions.
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Analyst Views on EIG
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- New Position: On January 22, Azarias Capital Management disclosed a new position in Employers Holdings by acquiring 69,108 shares for approximately $2.98 million, reflecting confidence in the company's future prospects.
- AUM Proportion: This acquisition represents 1.31% of Azarias Capital's reportable AUM as of December 31, indicating a strategic move within their diversified investment portfolio.
- Financial Performance: Despite reporting a net loss of $8.3 million or $0.36 per share in Q3, Employers Holdings saw a 3% increase in net premiums earned to $192.1 million, highlighting ongoing demand in the small business workers' compensation insurance market.
- Undervalued Stock: As of January 22, Employers Holdings' stock was priced at $44.21, significantly below its adjusted book value of $51.31, suggesting a potential buying opportunity for investors looking for value in the insurance sector.

- Financial Strength Rating: AM Best has affirmed Employers Insurance Company's Financial Strength Rating of A (Excellent) and Long-Term Issuer Credit Ratings of 'a' (Excellent), reflecting the company's robust financial stability and operational performance.
- Capital Adequacy: Employers' risk-adjusted capitalization is assessed at the strongest level, bolstered by a comprehensive reinsurance program and a strong history of reserving, enhancing the quality of its balance sheet.
- Profitability Improvement: Despite reserve strengthening in 2025, Employers reported sustained pre-tax earnings, benefiting from a diversified investment portfolio and strong underwriting performance, showcasing a competitive edge over peers.
- Business Concentration Risk: As a monoline workers' compensation insurer focused on small businesses, Employers faces some business concentration risks; however, management's market expertise mitigates this concern, and the company is implementing a refined strategy targeting specific industries.
- Strategic Investment: MidOcean Energy has completed the acquisition of a 20% stake in PETRONAS' key Canadian entities, including the North Montney Upstream Joint Venture and the LNG Canada Project, securing upstream resources and downstream liquefaction capabilities across the LNG value chain.
- Resource Assurance: This transaction provides MidOcean with approximately 0.7 MTPA of associated LNG production from the LNG Canada Project, with potential for further growth, thereby enhancing its competitive position in the market.
- Industry Leadership: EIG, as a leading institutional investor in the global energy and infrastructure sectors, manages $24.3 billion in assets, showcasing its strong capabilities and influence in energy investments.
- Long-term Vision: MidOcean's acquisition reflects its belief in LNG as a critical component of a lower carbon, competitive, and secure global energy system, aiming to build a diversified and resilient global LNG portfolio to promote sustainable development.

Upcoming Ex-Dividend Dates: On 11/12/25, BOK Financial Corp (BOKF), Employers Holdings Inc (EIG), and WisdomTree Inc (WT) will trade ex-dividend, with respective dividends of $0.63, $0.32, and $0.03 payable on 11/26/25.
Expected Price Adjustments: Following the ex-dividend date, BOKF shares are expected to open 0.58% lower, EIG by 0.83%, and WT by 0.26%, based on their recent stock prices.
Dividend Yield Estimates: The estimated annualized yields for the upcoming dividends are 2.33% for BOK Financial Corp, 3.33% for Employers Holdings Inc, and 1.04% for WisdomTree Inc, reflecting their historical dividend stability.
Current Trading Performance: As of Monday trading, BOK Financial Corp shares are up 1.6%, Employers Holdings Inc shares are up 0.3%, while WisdomTree Inc shares have decreased by 0.7%.

Financial Results Announcement: Employers Holdings, Inc. will release its third quarter 2025 financial results on October 30, 2025, with materials available on their website.
Conference Call Details: A conference call to discuss the financial results will take place on October 31, 2025, at 11:00 a.m. EDT, requiring prior registration for participation.
Company Overview: Employers Holdings, Inc. specializes in workers' compensation insurance for small and mid-sized businesses, offering comprehensive coverage and risk management services.
Digital Solutions: The company also provides Cerity, a digital-first platform for direct-to-consumer workers' compensation insurance, emphasizing fast and affordable coverage options.





