Waverly Advisors LLC Has $3.39 Million Holdings in Markel Group Inc. $MKL

Waverly Advisors LLC grew its position in shares of Markel Group Inc. (NYSE:MKL) by 168.1% in the 1st quarter, HoldingsChannel reports. The fund owned 1,772 shares of the insurance provider’s stock after buying an additional 1,111 shares during the period. Waverly Advisors LLC’s holdings in Markel Group were worth $3,392,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Bank Julius Baer & Co. Ltd Zurich raised its holdings in Markel Group by 13.2% during the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 97,923 shares of the insurance provider’s stock worth $211,172,000 after buying an additional 11,439 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in shares of Markel Group by 6.2% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 12,484 shares of the insurance provider’s stock valued at $26,595,000 after buying an additional 732 shares during the last quarter. Ervin Investment Management LLC increased its position in shares of Markel Group by 259.2% during the fourth quarter. Ervin Investment Management LLC now owns 9,110 shares of the insurance provider’s stock worth $19,583,000 after acquiring an additional 6,574 shares in the last quarter. Axxcess Wealth Management LLC increased its position in shares of Markel Group by 77.8% during the fourth quarter. Axxcess Wealth Management LLC now owns 1,552 shares of the insurance provider’s stock worth $3,336,000 after acquiring an additional 679 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of Markel Group by 3,235.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 25,316 shares of the insurance provider’s stock worth $54,421,000 after acquiring an additional 24,557 shares during the last quarter. 77.12% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on MKL. Weiss Ratings cut shares of Markel Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, June 11th. Truist Financial decreased their price objective on Markel Group from $2,100.00 to $1,950.00 and set a “hold” rating for the company in a report on Thursday, April 30th. Wolfe Research started coverage on Markel Group in a research note on Wednesday, July 1st. They issued an “underperform” rating for the company. Finally, Wall Street Zen cut Markel Group from a “buy” rating to a “sell” rating in a research report on Saturday, May 2nd. Five analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Markel Group presently has a consensus rating of “Reduce” and an average price target of $2,025.00.

Markel Group Stock Performance

Shares of MKL stock opened at $2,020.65 on Thursday. The firm has a 50-day moving average of $1,901.09 and a 200-day moving average of $1,946.38. The company has a market cap of $25.28 billion, a P/E ratio of 14.56 and a beta of 0.66. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.63 and a quick ratio of 0.63. Markel Group Inc. has a one year low of $1,719.41 and a one year high of $2,207.59.

Markel Group (NYSE:MKL) last released its quarterly earnings results on Tuesday, April 28th. The insurance provider reported ($18.90) earnings per share for the quarter, missing the consensus estimate of $26.38 by ($45.28). Markel Group had a return on equity of 7.90% and a net margin of 10.85%.The firm had revenue of $3.55 billion for the quarter, compared to analysts’ expectations of $3.66 billion. Equities research analysts forecast that Markel Group Inc. will post 114.11 EPS for the current fiscal year.

Trending Headlines about Markel Group

Here are the key news stories impacting Markel Group this week:

• Positive Sentiment: Markel reported quarterly EPS of $92.76, substantially above the $30.64 consensus estimate cited by MarketBeat. The company also posted a 7.90% return on equity and a 10.85% net margin. MarketBeat earnings report
• Positive Sentiment: The insurer’s quarterly results included $4.02 billion in revenue, underscoring the scale of Markel’s operations and supporting continued investor focus on its insurance and investment businesses. Markel Group second-quarter results
• Neutral Sentiment: Several reports characterized the release as a quarterly earnings update, while previews ahead of the announcement had positioned Markel as an earnings-focused stock. The market is now likely to evaluate the quality and sustainability of reported earnings rather than the headline EPS figure alone. Markel Group earnings snapshot
• Negative Sentiment: Revenue of $4.02 billion fell short of the approximately $4.50 billion FactSet consensus, a gap that may raise concerns about operating momentum and the outlook for premium and investment-related income. Markel revenue results
• Negative Sentiment: Zacks reported adjusted quarterly earnings of $19.51 per share, below its $29.94 consensus estimate and down from $25.46 a year earlier. This contrasts sharply with the reported $92.76 EPS figure, suggesting that unusual gains or accounting items may have inflated headline earnings. Zacks Markel earnings analysis

Insider Activity

In other news, Director Greta J. Harris sold 76 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $1,847.31, for a total value of $140,395.56. Following the transaction, the director owned 645 shares in the company, valued at $1,191,514.95. The trade was a 10.54% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Diane Leopold bought 50 shares of Markel Group stock in a transaction dated Thursday, May 7th. The stock was acquired at an average cost of $1,789.19 per share, with a total value of $89,459.50. Following the completion of the acquisition, the director owned 550 shares of the company’s stock, valued at $984,054.50. This represents a 10.00% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Company insiders own 1.08% of the company’s stock.

Markel Group Company Profile

Markel Group (NYSE: MKL) is a diversified insurance holding company best known for underwriting specialty insurance products. Founded in 1930 and headquartered in Richmond, Virginia, the company provides a wide range of commercial property and casualty coverages tailored to niche and hard-to-place risks. Its underwriting operations focus on specialty lines across multiple industries, delivering customized policy structures, program administration, and claims management services for complex exposures.

In addition to primary specialty insurance, Markel operates reinsurance and alternative risk-transfer activities and manages invested assets derived from underwriting float.