Dearborn Partners LLC bought a new position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 115,066 shares of the business services provider’s stock, valued at approximately $21,834,000. Dearborn Partners LLC owned approximately 0.09% of Verisk Analytics as of its most recent SEC filing.
Other institutional investors have also added to or reduced their stakes in the company. NewEdge Advisors LLC boosted its position in shares of Verisk Analytics by 1.1% during the 1st quarter. NewEdge Advisors LLC now owns 4,232 shares of the business services provider’s stock valued at $1,259,000 after acquiring an additional 44 shares during the last quarter. Woodline Partners LP grew its holdings in shares of Verisk Analytics by 39.6% during the first quarter. Woodline Partners LP now owns 11,931 shares of the business services provider’s stock worth $3,551,000 after purchasing an additional 3,385 shares in the last quarter. Geneos Wealth Management Inc. increased its position in shares of Verisk Analytics by 114.4% in the first quarter. Geneos Wealth Management Inc. now owns 253 shares of the business services provider’s stock worth $75,000 after purchasing an additional 135 shares during the last quarter. Treasurer of the State of North Carolina raised its stake in Verisk Analytics by 52.2% in the second quarter. Treasurer of the State of North Carolina now owns 135,876 shares of the business services provider’s stock valued at $42,325,000 after purchasing an additional 46,603 shares in the last quarter. Finally, Osterweis Capital Management Inc. purchased a new stake in Verisk Analytics in the second quarter valued at approximately $28,000. 90.00% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
A number of research firms have commented on VRSK. Weiss Ratings cut shares of Verisk Analytics from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, August 11th. BMO Capital Markets reiterated an “outperform” rating on shares of Verisk Analytics in a research report on Thursday, July 30th. JPMorgan Chase & Co. increased their target price on Verisk Analytics from $220.00 to $230.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Wells Fargo & Company increased their target price on Verisk Analytics from $240.00 to $260.00 and gave the company an “overweight” rating in a research note on Thursday, July 30th. Finally, UBS Group raised their price target on Verisk Analytics from $220.00 to $235.00 and gave the company a “neutral” rating in a research report on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Verisk Analytics has an average rating of “Hold” and a consensus price target of $236.27.
Verisk Analytics Price Performance
Shares of Verisk Analytics stock opened at $189.55 on Tuesday. The company has a debt-to-equity ratio of 10.42, a current ratio of 1.01 and a quick ratio of 1.01. Verisk Analytics, Inc. has a one year low of $155.94 and a one year high of $273.83. The business’s 50 day simple moving average is $188.17 and its two-hundred day simple moving average is $185.24. The stock has a market capitalization of $24.67 billion, a P/E ratio of 29.12, a price-to-earnings-growth ratio of 2.10 and a beta of 0.67.
Verisk Analytics (NASDAQ:VRSK – Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The business services provider reported $1.98 earnings per share for the quarter, beating analysts’ consensus estimates of $1.93 by $0.05. Verisk Analytics had a negative return on equity of 239.55% and a net margin of 28.24%.The firm had revenue of $806.30 million during the quarter, compared to analyst estimates of $804.02 million. During the same quarter in the prior year, the firm posted $1.88 earnings per share. The business’s quarterly revenue was up 4.3% compared to the same quarter last year. Verisk Analytics has set its FY 2026 guidance at 7.450-7.750 EPS. Analysts forecast that Verisk Analytics, Inc. will post 7.71 EPS for the current year.
Verisk Analytics Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $2.00 annualized dividend and a yield of 1.1%. Verisk Analytics’s dividend payout ratio is presently 30.72%.
Insiders Place Their Bets
In other Verisk Analytics news, CFO Elizabeth Mann sold 400 shares of the firm’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $179.95, for a total value of $71,980.00. Following the sale, the chief financial officer owned 18,384 shares of the company’s stock, valued at $3,308,200.80. This trade represents a 2.13% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Lee Shavel sold 3,535 shares of the business’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $196.94, for a total transaction of $696,182.90. Following the completion of the transaction, the chief executive officer owned 98,490 shares in the company, valued at $19,396,620.60. The trade was a 3.46% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 22,227 shares of company stock worth $4,174,599. 0.52% of the stock is currently owned by insiders.
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.
Read More
- Five stocks we like better than Verisk Analytics
- Visa Just Put Hims & Hers in the Penalty Box—Here’s Why It Matters
- Treasury Yields Are Surging Again: 3 Stocks That Could Feel the Pain
- Snowflake Could Be Headed for New Highs Despite Insider Selling
- MongoDB Is Surging—And the Next Catalyst Is Almost Here
Receive News & Ratings for Verisk Analytics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Verisk Analytics and related companies with MarketBeat.com's FREE daily email newsletter.
