TD Asset Management Inc Buys 33,960 Shares of Verisk Analytics, Inc. $VRSK

TD Asset Management Inc grew its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 5.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 679,290 shares of the business services provider’s stock after purchasing an additional 33,960 shares during the quarter. TD Asset Management Inc’s holdings in Verisk Analytics were worth $151,950,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Osterweis Capital Management Inc. bought a new position in shares of Verisk Analytics during the second quarter valued at about $28,000. Ameriflex Group Inc. bought a new position in shares of Verisk Analytics during the third quarter valued at about $25,000. Board of the Pension Protection Fund bought a new position in shares of Verisk Analytics during the fourth quarter valued at about $27,000. Elyxium Wealth LLC bought a new position in shares of Verisk Analytics during the fourth quarter valued at about $31,000. Finally, Kelleher Financial Advisors bought a new position in shares of Verisk Analytics during the third quarter valued at about $51,000. 90.00% of the stock is owned by institutional investors.

Verisk Analytics Trading Up 0.9%

NASDAQ:VRSK opened at $180.00 on Friday. The company has a fifty day moving average of $176.06 and a 200 day moving average of $198.36. Verisk Analytics, Inc. has a 52 week low of $155.94 and a 52 week high of $322.92. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 10.42. The firm has a market capitalization of $23.58 billion, a P/E ratio of 27.40, a P/E/G ratio of 2.00 and a beta of 0.69.

Verisk Analytics (NASDAQ:VRSK) last posted its quarterly earnings results on Wednesday, April 29th. The business services provider reported $1.82 EPS for the quarter, beating analysts’ consensus estimates of $1.76 by $0.06. Verisk Analytics had a net margin of 29.34% and a negative return on equity of 2,405.75%. The company had revenue of $782.60 million during the quarter, compared to analyst estimates of $771.62 million. During the same period in the prior year, the business posted $1.73 EPS. The firm’s revenue was up 4.0% compared to the same quarter last year. Verisk Analytics has set its FY 2026 guidance at 7.450-7.750 EPS. On average, research analysts predict that Verisk Analytics, Inc. will post 7.63 earnings per share for the current year.

Verisk Analytics declared that its Board of Directors has approved a stock buyback program on Wednesday, February 18th that authorizes the company to repurchase $2.50 billion in shares. This repurchase authorization authorizes the business services provider to purchase up to 10.1% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s management believes its shares are undervalued.

Verisk Analytics Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be issued a $0.50 dividend. The ex-dividend date is Monday, June 15th. This represents a $2.00 annualized dividend and a yield of 1.1%. Verisk Analytics’s dividend payout ratio is 30.44%.

Insiders Place Their Bets

In other Verisk Analytics news, Director Samuel G. Liss sold 6,765 shares of the company’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $177.63, for a total value of $1,201,666.95. Following the completion of the transaction, the director directly owned 69,098 shares in the company, valued at approximately $12,273,877.74. This represents a 8.92% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Bruce Edward Hansen sold 2,336 shares of the company’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $174.99, for a total transaction of $408,776.64. Following the completion of the transaction, the director owned 15,868 shares of the company’s stock, valued at $2,776,741.32. This trade represents a 12.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 12,636 shares of company stock worth $2,225,119. 0.52% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. Weiss Ratings cut Verisk Analytics from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, May 14th. Morgan Stanley set a $235.00 price target on shares of Verisk Analytics in a report on Thursday, April 30th. Raymond James Financial upgraded shares of Verisk Analytics from an “outperform” rating to a “strong-buy” rating and upped their price target for the company from $215.00 to $260.00 in a report on Monday, March 2nd. Robert W. Baird set a $230.00 price target on shares of Verisk Analytics in a report on Thursday, February 19th. Finally, UBS Group set a $224.00 price target on shares of Verisk Analytics in a report on Thursday, February 19th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $237.20.

About Verisk Analytics

Verisk Analytics, Inc (NASDAQ: VRSK) is a data analytics and decision?support provider that helps organizations assess and manage risk. The company supplies data, predictive models and software to customers in insurance, reinsurance, financial services, government, energy and other commercial markets. Its offerings are designed to support underwriting, pricing, claims management, catastrophe modeling, fraud detection and regulatory compliance, enabling clients to make more informed operational and strategic decisions.

Verisk’s product portfolio combines large proprietary datasets with analytics platforms and industry?specific applications.