Markel Group (NYSE:MKL) Stock Rated Hold in New Coverage at DOWLING & PARTN

Equities researchers at DOWLING & PARTN assumed coverage on shares of Markel Group (NYSE:MKL – Get Free Report) in a report issued on Wednesday, Zacks reports. The firm set a “hold” rating on the insurance provider’s stock. DOWLING & PARTN also issued estimates for Markel Group’s FY2026 earnings at $105.00 EPS and FY2027 earnings at $125.00 EPS.

A number of other equities analysts have also weighed in on MKL. Weiss Ratings lowered Markel Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, October 28th. Wall Street Zen raised Markel Group from a “sell” rating to a “hold” rating in a research note on Saturday, August 1st. Five investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Markel Group currently has an average rating of “Reduce” and a consensus target price of $2,025.00.

Check Out Our Latest Stock Analysis on MKL

Markel Group Stock Down 0.2%

Shares of MKL stock opened at $1,950.92 on Wednesday. The company has a market capitalization of $23.86 billion, a price-to-earnings ratio of 13.86 and a beta of 0.60. Markel Group has a one year low of $1,704.17 and a one year high of $2,207.59. The company’s fifty day moving average price is $1,807.75 and its 200-day moving average price is $1,896.42. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.66 and a quick ratio of 0.66.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. JANA Partners Management LP grew its holdings in Markel Group by 1.9% during the 2nd quarter. JANA Partners Management LP now owns 76,743 shares of the insurance provider’s stock valued at $149,880,000 after purchasing an additional 1,436 shares during the last quarter. Hsbc Holdings PLC lifted its stake in Markel Group by 18.4% in the second quarter. Hsbc Holdings PLC now owns 33,966 shares of the insurance provider’s stock worth $66,423,000 after purchasing an additional 5,269 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in Markel Group in the second quarter worth about $68,051,000. The Manufacturers Life Insurance Company bought a new stake in Markel Group in the second quarter worth about $2,340,000. Finally, Quantbot Technologies LP purchased a new position in shares of Markel Group during the second quarter valued at approximately $5,486,000. Hedge funds and other institutional investors own 77.12% of the company’s stock.

About Markel Group

(Get Free Report)

Markel Group Inc (NYSE: MKL) is a diversified holding company focused on specialty insurance, reinsurance, investments and industrial businesses. Through its insurance operations, the company provides coverage for risks that may be complex, specialized or underserved by standard insurance markets.

Markel’s insurance offerings include property and casualty coverage, professional liability, marine and energy insurance, workers’ compensation, and other specialty products. Its reinsurance business assumes portions of risk from other insurers.

Further Reading

Analyst Recommendations for Markel Group (NYSE:MKL)

Receive News & Ratings for Markel Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Markel Group and related companies with MarketBeat.com's FREE daily email newsletter.