Verisk Analytics, Inc. $VRSK Stock Holdings Lifted by Forsta AP Fonden

Forsta AP Fonden grew its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 30.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 69,600 shares of the business services provider’s stock after purchasing an additional 16,100 shares during the period. Forsta AP Fonden’s holdings in Verisk Analytics were worth $21,680,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. National Pension Service grew its stake in shares of Verisk Analytics by 0.7% in the 2nd quarter. National Pension Service now owns 222,528 shares of the business services provider’s stock valued at $69,317,000 after buying an additional 1,607 shares in the last quarter. STF Management LP lifted its stake in Verisk Analytics by 1.8% in the second quarter. STF Management LP now owns 2,119 shares of the business services provider’s stock valued at $660,000 after acquiring an additional 38 shares during the last quarter. Vise Technologies Inc. acquired a new stake in Verisk Analytics in the second quarter valued at approximately $920,000. Illinois Municipal Retirement Fund grew its position in Verisk Analytics by 172.8% in the second quarter. Illinois Municipal Retirement Fund now owns 48,620 shares of the business services provider’s stock worth $15,145,000 after acquiring an additional 30,795 shares in the last quarter. Finally, ProShare Advisors LLC increased its stake in shares of Verisk Analytics by 5.0% during the 2nd quarter. ProShare Advisors LLC now owns 214,478 shares of the business services provider’s stock worth $66,810,000 after purchasing an additional 10,153 shares during the last quarter. 90.00% of the stock is owned by hedge funds and other institutional investors.

Verisk Analytics Stock Down 1.1%

Verisk Analytics stock opened at $212.91 on Thursday. The company has a debt-to-equity ratio of 8.55, a current ratio of 1.19 and a quick ratio of 1.53. Verisk Analytics, Inc. has a fifty-two week low of $196.99 and a fifty-two week high of $322.92. The firm has a fifty day moving average price of $240.06 and a two-hundred day moving average price of $276.17. The firm has a market cap of $29.67 billion, a price-to-earnings ratio of 32.46, a P/E/G ratio of 2.75 and a beta of 0.84.

Verisk Analytics (NASDAQ:VRSK) last posted its quarterly earnings data on Wednesday, October 29th. The business services provider reported $1.72 EPS for the quarter, topping analysts’ consensus estimates of $1.70 by $0.02. Verisk Analytics had a return on equity of 425.42% and a net margin of 30.42%.The business had revenue of $768.30 million for the quarter, compared to analyst estimates of $776.04 million. During the same period in the previous year, the company posted $1.67 earnings per share. The firm’s revenue for the quarter was up 5.9% on a year-over-year basis. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. As a group, analysts forecast that Verisk Analytics, Inc. will post 6.63 earnings per share for the current year.

Verisk Analytics Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th will be issued a dividend of $0.45 per share. The ex-dividend date is Monday, December 15th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.8%. Verisk Analytics’s payout ratio is 27.44%.

Insider Buying and Selling

In other Verisk Analytics news, CFO Elizabeth Mann sold 300 shares of the stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $242.23, for a total value of $72,669.00. Following the completion of the sale, the chief financial officer directly owned 14,865 shares of the company’s stock, valued at $3,600,748.95. This represents a 1.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Nicholas Daffan sold 5,420 shares of the firm’s stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $265.00, for a total transaction of $1,436,300.00. Following the completion of the sale, the insider owned 54,337 shares in the company, valued at $14,399,305. This represents a 9.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders purchased 1,450 shares of company stock valued at $314,663 and sold 8,520 shares valued at $2,255,396. 0.46% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. The Goldman Sachs Group reduced their price objective on shares of Verisk Analytics from $315.00 to $239.00 and set a “neutral” rating for the company in a research note on Thursday, October 30th. JPMorgan Chase & Co. lowered their target price on shares of Verisk Analytics from $315.00 to $250.00 and set an “overweight” rating on the stock in a research report on Thursday, October 30th. Raymond James Financial set a $315.00 price target on Verisk Analytics and gave the stock an “outperform” rating in a research report on Monday, August 4th. Seaport Res Ptn upgraded Verisk Analytics to a “strong-buy” rating in a research note on Wednesday, October 1st. Finally, Rothschild Redb lowered Verisk Analytics from a “hold” rating to a “strong sell” rating in a report on Thursday, October 16th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $282.14.

Verisk Analytics Company Profile

Verisk Analytics, Inc provides data analytics and technology solutions to the insurance markets in the United States and internationally. It offers policy language, prospective loss costs, policy writing and rating rules, and various underwriting solutions for risk selection and segmentation, pricing, and workflow optimization; property- and auto- specific rating and underwriting information solutions that allows clients to understand, quantify, underwrite, mitigate, and avoid potential loss for risks; catastrophe modeling solutions, which enables companies to identify, quantify, and plan for the financial consequences of catastrophes for use by insurers, reinsurers, intermediaries, financial institutions, and governments.