Fifth Third Bancorp Buys 23,073 Shares of Verisk Analytics, Inc. $VRSK

Fifth Third Bancorp grew its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 279.4% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 31,332 shares of the business services provider’s stock after buying an additional 23,073 shares during the quarter. Fifth Third Bancorp’s holdings in Verisk Analytics were worth $5,945,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. NewEdge Advisors LLC boosted its holdings in shares of Verisk Analytics by 1.1% in the 1st quarter. NewEdge Advisors LLC now owns 4,232 shares of the business services provider’s stock worth $1,259,000 after purchasing an additional 44 shares in the last quarter. Woodline Partners LP increased its position in shares of Verisk Analytics by 39.6% during the 1st quarter. Woodline Partners LP now owns 11,931 shares of the business services provider’s stock valued at $3,551,000 after purchasing an additional 3,385 shares during the last quarter. Geneos Wealth Management Inc. raised its holdings in shares of Verisk Analytics by 114.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 253 shares of the business services provider’s stock valued at $75,000 after buying an additional 135 shares in the last quarter. Treasurer of the State of North Carolina raised its holdings in shares of Verisk Analytics by 52.2% during the 2nd 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 buying an additional 46,603 shares in the last quarter. Finally, Osterweis Capital Management Inc. bought a new stake in Verisk Analytics in the 2nd quarter worth approximately $28,000. 90.00% of the stock is owned by institutional investors.

Verisk Analytics Trading Up 5.0%

NASDAQ VRSK opened at $201.49 on Friday. Verisk Analytics, Inc. has a 12 month low of $155.94 and a 12 month high of $304.29. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 10.42. The stock’s fifty day moving average price is $178.48 and its 200-day moving average price is $190.48. The stock has a market cap of $26.40 billion, a P/E ratio of 30.67, a P/E/G ratio of 2.15 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 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.76 by $0.06. The firm had revenue of $782.60 million during the quarter, compared to analyst estimates of $771.62 million. Verisk Analytics had a negative return on equity of 2,405.75% and a net margin of 29.34%.Verisk Analytics’s quarterly revenue was up 4.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.73 EPS. Verisk Analytics has set its FY 2026 guidance at 7.450-7.750 EPS. As a group, equities analysts forecast that Verisk Analytics, Inc. will post 7.63 EPS for the current fiscal year.

Verisk Analytics Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $2.00 annualized dividend and a dividend yield of 1.0%. Verisk Analytics’s dividend payout ratio (DPR) is 30.44%.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on VRSK shares. Bank of America reduced their price objective on Verisk Analytics from $225.00 to $190.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 19th. Rothschild & Co Redburn set a $185.00 price target on Verisk Analytics and gave the stock a “neutral” rating in a research note on Thursday, June 18th. Morgan Stanley set a $235.00 price target on shares of Verisk Analytics in a research note on Thursday, April 30th. JPMorgan Chase & Co. boosted their price objective on shares of Verisk Analytics from $220.00 to $230.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. Finally, Weiss Ratings cut shares of Verisk Analytics from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, May 14th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Verisk Analytics currently has an average rating of “Hold” and a consensus price target of $234.87.

Insider Activity at Verisk Analytics

In other Verisk Analytics news, CFO Elizabeth Mann sold 400 shares of the stock in a transaction on Friday, May 15th. The stock was sold at an average price of $159.22, for a total transaction of $63,688.00. Following the sale, the chief financial officer directly owned 19,584 shares in the company, valued at approximately $3,118,164.48. This trade represents a 2.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Bruce Edward Hansen sold 2,336 shares of Verisk Analytics stock in a transaction on Monday, June 1st. The stock was sold at an average price of $174.99, for a total value of $408,776.64. Following the completion of the sale, the director directly owned 15,868 shares of the company’s stock, valued at approximately $2,776,741.32. The trade was a 12.83% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 16,507 shares of company stock valued at $2,925,710 over the last 90 days. Corporate insiders own 0.52% of the company’s stock.

Verisk Analytics Company Profile

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.