Fifth Third Wealth Advisors LLC Has $593,000 Position in Verisk Analytics, Inc. $VRSK

Fifth Third Wealth Advisors LLC raised its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK) by 4.2% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,904 shares of the business services provider’s stock after acquiring an additional 77 shares during the quarter. Fifth Third Wealth Advisors LLC’s holdings in Verisk Analytics were worth $593,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VRSK. Louisbourg Investments Inc. bought a new position in Verisk Analytics in the first quarter valued at approximately $25,000. Trust Co. of Toledo NA OH bought a new position in Verisk Analytics in the second quarter valued at approximately $41,000. Wayfinding Financial LLC bought a new position in Verisk Analytics in the first quarter valued at approximately $48,000. Ameritas Advisory Services LLC bought a new position in Verisk Analytics in the second quarter valued at approximately $48,000. Finally, GW&K Investment Management LLC boosted its stake in Verisk Analytics by 186.7% in the first quarter. GW&K Investment Management LLC now owns 172 shares of the business services provider’s stock valued at $51,000 after acquiring an additional 112 shares during the last quarter. 90.00% of the stock is owned by institutional investors.

Verisk Analytics Trading Up 0.7%

Shares of NASDAQ:VRSK opened at $243.06 on Monday. Verisk Analytics, Inc. has a 12 month low of $239.83 and a 12 month high of $322.92. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 10.34. The company’s fifty day simple moving average is $258.97 and its 200 day simple moving average is $286.52. The firm has a market cap of $33.96 billion, a price-to-earnings ratio of 37.45, a PEG ratio of 3.44 and a beta of 0.85.

Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings data on Wednesday, July 30th. The business services provider reported $1.88 EPS for the quarter, topping analysts’ consensus estimates of $1.77 by $0.11. Verisk Analytics had a net margin of 30.67% and a return on equity of 460.89%. The business had revenue of $772.60 million for the quarter, compared to analyst estimates of $767.91 million. During the same period last year, the business posted $1.74 earnings per share. The firm’s quarterly revenue was up 7.8% on a year-over-year basis. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. As a group, research analysts forecast that Verisk Analytics, Inc. will post 6.63 EPS for the current fiscal year.

Verisk Analytics Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were paid a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 0.7%. The ex-dividend date was Monday, September 15th. Verisk Analytics’s payout ratio is presently 27.73%.

Insider Buying and Selling at Verisk Analytics

In other Verisk Analytics news, insider Nicholas Daffan sold 5,420 shares of Verisk Analytics stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $265.00, for a total value of $1,436,300.00. Following the sale, the insider directly owned 54,337 shares in the company, valued at approximately $14,399,305. The trade was a 9.07% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Christopher John Perry purchased 1,000 shares of the stock in a transaction on Wednesday, August 13th. The stock was acquired at an average price of $259.80 per share, for a total transaction of $259,800.00. Following the completion of the purchase, the director directly owned 1,773 shares in the company, valued at approximately $460,625.40. The trade was a 129.37% increase in their position. The disclosure for this purchase can be found here. Insiders have sold a total of 8,520 shares of company stock valued at $2,273,891 over the last quarter. 0.46% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

VRSK has been the topic of a number of recent research reports. Wolfe Research assumed coverage on shares of Verisk Analytics in a research note on Wednesday, September 3rd. They issued an “outperform” rating and a $320.00 price objective on the stock. Weiss Ratings reissued a “buy (b-)” rating on shares of Verisk Analytics in a research report on Wednesday, October 8th. Morgan Stanley lifted their price target on shares of Verisk Analytics from $317.00 to $319.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 31st. Raymond James Financial set a $315.00 price target on shares of Verisk Analytics and gave the stock an “outperform” rating in a research report on Monday, August 4th. Finally, Seaport Res Ptn raised shares of Verisk Analytics to a “strong-buy” rating in a research report on Wednesday, October 1st. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $311.00.

About Verisk Analytics

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.