Pictet Asset Management Holding SA Lowers Position in Verisk Analytics, Inc. $VRSK

Pictet Asset Management Holding SA decreased its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 11.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 62,836 shares of the business services provider’s stock after selling 7,727 shares during the period. Pictet Asset Management Holding SA’s holdings in Verisk Analytics were worth $14,056,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. lifted its position in shares of Verisk Analytics by 2.1% during the third quarter. Vanguard Group Inc. now owns 17,241,327 shares of the business services provider’s stock worth $4,336,366,000 after acquiring an additional 346,525 shares in the last quarter. Alliancebernstein L.P. lifted its holdings in shares of Verisk Analytics by 3.1% in the third quarter. Alliancebernstein L.P. now owns 5,354,082 shares of the business services provider’s stock worth $1,346,605,000 after buying an additional 158,791 shares in the last quarter. Northern Trust Corp lifted its holdings in shares of Verisk Analytics by 1.6% in the third quarter. Northern Trust Corp now owns 1,694,505 shares of the business services provider’s stock worth $426,185,000 after buying an additional 26,518 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of Verisk Analytics by 6.4% in the third quarter. Ameriprise Financial Inc. now owns 1,493,296 shares of the business services provider’s stock worth $374,547,000 after buying an additional 89,193 shares in the last quarter. Finally, Parnassus Investments LLC lifted its holdings in shares of Verisk Analytics by 31.8% in the third quarter. Parnassus Investments LLC now owns 1,492,715 shares of the business services provider’s stock worth $375,433,000 after buying an additional 360,419 shares in the last quarter. Hedge funds and other institutional investors own 90.00% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on VRSK shares. Royal Bank Of Canada restated an “outperform” rating and set a $230.00 price target on shares of Verisk Analytics in a research report on Monday, March 30th. JPMorgan Chase & Co. boosted their price target on shares of Verisk Analytics from $220.00 to $230.00 and gave the company an “overweight” rating in a research report on Thursday. Raymond James Financial upgraded shares of Verisk Analytics from an “outperform” rating to a “strong-buy” rating and boosted their price target for the company from $215.00 to $260.00 in a research report on Monday, March 2nd. BMO Capital Markets restated an “outperform” rating on shares of Verisk Analytics in a research report on Thursday, February 19th. Finally, The Goldman Sachs Group reduced their price target on shares of Verisk Analytics from $239.00 to $206.00 and set a “neutral” rating for the company in a research report on Thursday, February 19th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $238.20.

Insiders Place Their Bets

In other Verisk Analytics news, Director Christopher John Perry bought 1,000 shares of the firm’s stock in a transaction that occurred on Friday, February 20th. The shares were bought at an average price of $180.00 per share, for a total transaction of $180,000.00. Following the transaction, the director directly owned 2,994 shares in the company, valued at $538,920. This trade represents a 50.15% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Elizabeth Mann sold 400 shares of Verisk Analytics stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $171.57, for a total transaction of $68,628.00. Following the completion of the transaction, the chief financial officer owned 19,984 shares in the company, valued at approximately $3,428,654.88. The trade was a 1.96% decrease in their position. The SEC filing for this sale provides additional information. 0.52% of the stock is owned by company insiders.

Verisk Analytics Stock Performance

NASDAQ VRSK opened at $181.11 on Friday. The company has a market capitalization of $23.73 billion, a P/E ratio of 27.57, a P/E/G ratio of 2.20 and a beta of 0.72. The company has a fifty day moving average of $190.18 and a 200-day moving average of $207.27. Verisk Analytics, Inc. has a 52-week low of $161.70 and a 52-week high of $322.92. The company has a debt-to-equity ratio of 10.42, a quick ratio of 1.20 and a current ratio of 1.02.

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

Verisk Analytics Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Monday, June 15th. Verisk Analytics’s dividend payout ratio (DPR) is presently 30.82%.

Verisk Analytics announced that its Board of Directors has initiated a share repurchase program on Wednesday, February 18th that permits the company to repurchase $2.50 billion in outstanding shares. This repurchase authorization permits the business services provider to buy up to 10.1% of its shares through open market purchases. Shares repurchase programs are often an indication that the company’s leadership believes its shares are undervalued.

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.